DISCLAIMER: GOLDINVESTMENTCOMPANIES.COM IS AN AFFILIATED PARTNER FOR GOLDCO PRECIOUS METALS, AUGUSTA PRECIOUS METALS, AND BIRCH GOLD GROUP, PROMOTING THEIR GOLD IRA, GOLD 401K TRANSFER AND BITCOIN IRA SERVICES AND PRODUCTS.
Lithium miners Orocobre and Galaxy Resources merged this week in a A$4 billion (US$3.1 billion) deal to create the world’s fifth-largest global lithium chemicals company.
The deal was highlighted by Mining Audiences Manager Michael McCrae on Kitco Roundtable recorded with Kitco correspondent Paul Harris, editor Neils Christensen and special guest Stephen Twyerould, CEO of Excelsior Mining. The show was recorded on Friday.
In January Pilbara Minerals finalized its purchase of Altura lithium. Deal was valued at $201 million.
Last month deep sea miner DeepGreen Metals went public with a special purpose acquisition company, which valued the new entity at $2.9 billion. DeepGreen, recently renamed The Metals Company, is targeting metals in the EV space like nickel, copper, cobalt and lithium.
00:39 Excelsior Mining
1:58 What’s weighing on gold
10:50 Copper supply and demand
23:22 The Metals Company and deep sea mining
33:57 Orocobre and Galaxy Resources merger
Kitco News is the world’s #1 source of metals market information. Our videos feature interviews with prominent industry figures to bring you market-affecting insights, with the goal of helping people make informed investment decisions.
Subscribe to our channel to stay up to date on the latest insights moving the metals markets.
For more breaking news, visit http://www.kitco.com/
Follow us on social media:
Facebook – https://www.facebook.com/KitcoNews/?ref=br_rs
Twitter – https://twitter.com/kitconewsnow
StockTwits – https://stocktwits.com/kitconews
Live gold price and charts: http://www.kitco.com/gold-price-today-usa/
Live silver price and charts: http://www.kitco.com/silver-price-today-usa/
Don’t forget to sign up for Kitco News’ Weekly Roundup – comes out every Friday to recap the hottest stories & videos of the week: https://connect.kitco.com/subscription/newsletter.html
Join the conversation @ The Kitco Forums and be part of the premier online community for precious metals investors: https://gold-forum.kitco.com/
Disclaimer: Videos are not trading advice and the views expressed may not reflect those of Kitco Metals Inc.
Gold and Silver Bullion Noah’s Ark in 2011
The only way to monetize debt is through the machinations of interest fees and taxation tactics to be imposed upon a population; but more importantly one must ask, what is all of this ultimately for; is it to essentially create perpetual debt and poverty insuring an inter-generational population of labor, consumer obedient surfs justified under the current system? Or is it yet another aspect of population control by another name, the irony of this fictitious imaginary system is the reality…Turning Carats Into Cash
Gold is considered as one of the precious metal that can be found all over the world. It can be in the form of bars, coins, a piece of art, and most commonly as jewelry. Nowadays, gold may regard as a good investment, if you know how to assess the value of gold in the market. Investors consider buying gold as to elude any crisis that may arise in their country.Gold Rate: The 4 Most Important Factors That Influence the Gold Rate
What are the reasons that the gold rate goes up and down? First, personal and industrial demand; second influences by central banks and major mining companies; third speculators and traders; and lastly war and national emergencies.Gold Bullion in Focus: The History of the South African Krugerrand Coin
Unless one is a collector of coins or interested in jewelry, the usual reason for investing in gold bullion is as a protection against economic uncertainty. Bullion can be purchased and sold using ETFs (Exchange Traded Funds), however many investors prefer to hold physical coins and bars.Is The MS69 American Silver Eagle Worth The Price?
The highly coveted MS69 American silver eagle coin is one of the highest grades that are available. But, is that high grade it worth the price you’ll pay over and above a plain vanilla bullion silver eagle?Should You Stock Up on Precious Metals?
With the decline of the dollar, the possibility of higher inflation and an overall gloomy economic outlook, people have been talking about stocking up on gold and other precious metals in case of an economic collapse. Even people with no knowledge of the functions of Wall Street or the economy are converting their savings into gold coins. I’m not trying to suggest that a gold bubble is forming (though it’s not unheard of), but it should be understood that stocking up on gold or silver coins is not going to save you in an urban survival situation.Why Silver Is The Investment Of The Decade!
With the economy still in turmoil and not recovering the way the US government keeps screaming at us, now is the time to sit down with your family and work out where to part any extra income, or where to invest your money for the future. Even though there has been a run up on commodities recently, there is a strong call for silver at the moment to be one of the strongest investments this decade.Oldest Gold Artefacts
In 2008 a team of scientists who were led by an archaeologist from the University of Arizona discovered the oldest collection to date of gold artefacts found in America. The discovery indicates that early human life with limited resources still understood status symbols and their value.Gold Prices Could Average 8% Higher in 2011
The Australian government have recently announced that gold prices could average 8% more in 2011, reaching $1320 an ounce. This is due to a hike in investment demand due to risks linked to economic growth across the globe.China Will Surpass India In Gold Consumption
The year has just begun but the financial market shows clear signs that China is going to overtake India as far as gold consumption is regarded. Only in the previous year China managed to import close to 600 tons of gold.