Make Kitco Your Homepage
Michael McCrae

Michael McCrae

Mining Audiences and Data Intelligence Manager

Follow Author:

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.
read full bio ▼

A Gamestop catalyst sets his sites on metals

(Kitco News) - A post in Reddit's Wall Street Bets (WSB), the sub-reddit credited with leading the squeeze on Gamestop, has a post on silver with over 2,500 upvotes.

Rio Tinto boss puts stamp on company with management shuffle

(Kitco News) - The company said that Parker's task will be to rebuild "...trust and strengthening external relationships across Australia." Parker joined Rio Tinto in 2001 and has held a number of safety, operational and leadership roles across both the Iron Ore and Aluminium businesses.

How to make steel with zero emissions: Fortescue's Andrew Forrest has two plans

(Kitco News) - West Australian-based Fortescue Metals Group is a major iron ore miner. In 2020 the company had revenues of $12.8 billion and shipped 178.2 million tonnes of ore. Forrest said the industry has to transition and emit less CO2.

Fireweed announces 'good grades' to extend zone of mineralization

(Kitco News) - Hole NB20-002 intersected 4.42% Zinc, 0.08% Lead and 10.7 g/t Silver over 212.70 m, including 25.58% Zinc, 0.14% Lead and 44.0 g/t Silver over 5.81 m.

Epiroc says automation, digitization in high demand

(Kitco News) - The company said automation, digitalization, and electrification solutions "...are in high demand and we connect more and more machines."

Drill update for Power Metal Resources

(Kitco News) - All RAB samples have now been sent to SGS Tanzania, an accredited assay laboratory.

Rambler Mines looks ahead after 2020 production cuts

(Kitco News) - The company's 2021 production guidance is 6,600-7,400 tonnes of copper and 1,700-2,200 ounces of gold.

A gold price in the 1800s is 'fantastic'

(Kitco News) - "I lived $1,000 gold. I never want to go through that problem again. When gold went to a thousand, I saw red stars and green stars and blue stars. So to me, $1,800 is a fantastic price because it keeps everybody honest and it, and the mines that are going to be built, the mines are efficient.

Great Bear announces C$70 Million financing

(Kitco News) - The company will now issue 3,225,000 common shares that qualify as flow-through shares at a price of $18.60 per flow-through common share and 784,000 common shares of the company at a price of $12.75 per common share on a bought deal private placement basis for aggregate gross proceeds to the company of $69,891,000.

Orezone finances Bomboré construction

(Kitco News) - "We are delighted to welcome Coris as the senior lender to the Project and proud to have them as a partner. They are one of the largest West African banks and first became a shareholder in 2018. They have financed mining projects within West Africa and are very conversant with the technical and political landscape in the region," said CEO Patrick Downey.