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Michael McCrae

Michael McCrae

Mining Audiences and Data Intelligence Manager

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Michael McCrae is leading Kitco's coverage of the mining sector. McCrae, who has both an MBA and CMA, knows how to build digital media properties. He was co-founder and publisher of MINING.com, an award-winning news site. Before coming to media, McCrae worked in IT and banking. Please reach out: mmccrae@kitco.com or (514) 670-1383. You can also follow him at @michaelmccrae.
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Excellon Resources to acquire Otis Gold

(Kitco News) - Markets traded Excellon down 5% to 76 cents a share.

Coronavirus dampens diamond auction

(Kitco News) - "The results of our first auction of 2020 are in line with prior auctions of commercial quality emeralds and demonstrate a stable underlying market," said Banks. "It was however evident that the fallout of COVID-19--the corona virus--dampened what might otherwise have been a buoyant result."

Wheaton Precious Metals edges forecast

(Kitco News) - The gold equivalent ounces was made up of gold at 406,604 oz, silver at 22,544 ounces and palladium at 21,993 ounces.

Hudbay swings to a loss

(Kitco News) - The drop in copper production was primarily due to lower grades at Constancia and the closure of the Reed mine in Manitoba in August 2018.

Bill Gates backs lithium-processing tech that ditches evaporation ponds

(Kitco News) - Lithium extraction technology start up, Lilac Technologies, announced yesterday it had raised $20 million in series A funding through Breakthrough Energy Ventures.

Albemarle sees double-digit drop in EPS in 2020

(Kitco News) - The company managed to power through a tough lithium market.

Between the gold price and the equity prices, a gap needs to be filled - De Jong

(Kitco News) - "Simplistically, we can look at the gold price appreciation and the lack of equity appreciation and say there is a gap that needs to filled," said De Jong.

The best bits from the Mining Association of Canada's Facts & Figures report

(Kitco News) - We excerpted some of our favorite snippets.

Mining professor plans Martian space suit

(Kitco News) - Researchers are utilizing carbon fiber material in the suit to make it more flexible. Health data should be available in real-time.

Dropping diesel is a big part of Teck's carbon-neutral pledge

(Kitco News) - The diversified miner said it is making the change as nations and other businesses are transitioning to a low-carbon economy. Teck said the push also aligns with commitments made by Canada and Chile – which are home to the majority of Teck’s operations – to be carbon neutral by 2050.