Major copper miner stunned by government ruling
Gold finished last week with its sixth consecutive gain, but the Federal Reserve could slow the metal, noted mining audiences manager Michael McCrae.
On Monday McCrae recorded an episode of Kitco Roundtable.
Fed chair Jerome Powell is giving a press conference on Monday.
The Twin Metals decision was also covered. The Department of Interior cancelled two hardrock leases in northeastern Minnesota. Twin Metals has been trying to advance an underground mine in the area. The miner called the decision stunning and disappointing.
Disclaimer: The views expressed in this article are those of the author and may not reflect those of Kitco Metals Inc. The author has made every effort to ensure accuracy of information provided; however, neither Kitco Metals Inc. nor the author can guarantee such accuracy. This article is strictly for informational purposes only. It is not a solicitation to make any exchange in commodities, securities or other financial instruments. Kitco Metals Inc. and the author of this article do not accept culpability for losses and/ or damages arising from the use of this publication.