US gold tariffs jolt COMEX, shift global trade flows
The Trump administration’s move to apply import duties on the most common forms of bullion delivered into the United States is shaking the gold market and widening the price gap…
Commodities Markets
Glencore says DRC cobalt stockpile has ‘no impact’
Glencore (LSE: GLEN), the world’s second-largest cobalt producer, says its growing stockpile of unsold cobalt won’t materially affect the company as it contends with export restrictions in the Democratic Republic…
Agnico, Barrick lead the pack of top Canada miners
Agnico Eagle Mines (TSX, NYSE: AEM) tops our list of Canadian miners by market value at $81.9 billion (US$59.8 million) at press time. Agnico operates the country’s biggest gold mines…
Copper price drops 20% after Trump import tariff
Copper prices collapsed by 20% on Wednesday afternoon and remained low at $4.34 per lb. on Thursday morning after U.S. President Donald Trump excluded the most widely imported form of…
Upcoming Valeriano resource update to lift Atex shares
Atex Resources’ (TSXV: ATX) upcoming resource update for the flagship Valeriano project in northern Chile, slated for release by year-end, could prove to be an inflection point as the company…
Podcast: Bull market in ‘real things’, ft CPM’s Christian on silver, platinum, palladium
This week’s episode features Jeffrey Christian, managing partner at CPM Group, in conversation with host Adrian Pocobelli. Christian shares his insights on the current macroeconomic landscape and explains why metals…
Gold price may hit $4,000 by year-end: Fidelity
Gold prices could be heading towards $4,000 per oz. by the end of this year as the Federal Reserve begins to cut rates and the U.S. dollar continues its decline,…
Trump move means more pollution not platinum price fall: analyst
The Trump administration’s alleged bid to get rid of greenhouse gas emissions standards might see more impact on pollution than platinum after its price has jumped almost 50% this year,…
Video: Streamex, Giustra raise $1B for crypto gold plan
Streamex, a New York-based cryptocurrency trading platform, joined mining hall of famer Frank Giustra’s company to secure $1.1 billion (C$1.5 billion) this month to put gold assets on blockchain. They…
Taseko says Florence copper project 90% finished
Taseko Mines (NYSE: TGB; TSX: TKO) reported that construction of its Florence Copper mine in Arizona is now over 90% complete. The company confirmed the project remains on track to produce first copper cathode…
Gold price to hit $3,600 this year and next: CIBC
Despite gold’s recent slump, CIBC Capital Markets still expects the yellow metal to reach new heights this year, with prices averaging $3,600 per oz. in the second half. Behind the…
Citi sees $40 silver soon, but cautious on gold
Analysts at Citigroup see silver prices rallying beyond $40 an oz. in the coming months due to tightening physical supplies and growing investment demand, as the metal sat at $38.03…