Kitco

From Wikipedia, the free encyclopedia

Kitco is a Canadian company that buys and sells precious and other metals such as copper, silver and gold. It also maintains live quotes and charts for metal prices.[1]

History

The company was founded in 1977 by Bart Kitner using a loan of C$700. It initially operated from Kitner's apartment in Peel Street, Montreal. In 1983, it moved into its own office and in 1989 it moved to its present offices in Cathcart Street, Montreal.[1]

Today, Kitco has offices in Montreal, Canada and New York, United States, as well as a significant Internet presence. As of 2008 its website was ranked second only to Wikipedia in searches for the terms gold and silver.[citation needed]

Kitco News

Kitco News is the journalistic division of Kitco; it performs original reporting in the forms of articles[2] and videos. Original coverage by Kitco News includes being one of the first organizations to break the story about the Gold Anti-Trust Action Committee's (GATA) lawsuit against the Federal Reserve, as well as focus pieces on issues such as conflict minerals in the Congo.[3] [4] In addition to this, Kitco News reports constantly on price movements within the precious and base metals markets, and provides both fundamental and technical analyses.[5]

Terry Wooten, the New York-based editor of Kitco News, recently received the 2011 Silver Em Award, the most prestigious accolade for journalism at the University of Mississippi.[6] Other staff members include Debbie Carlson, Allen Sykora, Daniela Cambone,Jim Wyckoff, Louie Neil Perez, and Ryan Avila.[5]

References

  1. ↑ 1.0 1.1 "Gold Dealers: Kitco". Goldprice.org. 2008-02-25. Retrieved 2010-08-17. 
  2. ↑ "Articles by Kitco News". Nasdaq.com. 15 March 2011. Retrieved 15 March 2011. 
  3. ↑ "GATA". gata.org. Retrieved 15 March 2011. 
  4. ↑ "Conflict Minerals: Is the Industry Ready?". World News. 16 December 2010. Retrieved 15 March 2011. 
  5. ↑ 5.0 5.1 "About Kitco News". Kitco News. Retrieved 15 March 2011. 
  6. ↑ "Terry Wooten chosen for top journalism award at Ole Miss". Clarion Ledger. 08 March 2011. Retrieved 15 March 2011. 

External links


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