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…
Commodities Markets
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…
Video: Reasons to back gold haven’t gone, Rule says
Rick Rule, the renowned mining financier who has managed hundreds of millions in investments and shaped the sector for over four decades, remains bullish on gold despite its already meteoric…
Gold price may rise 15% this year: LBMA
A new poll by the London Bullion Market Association (LBMA) shows that metals analysts are growing more bullish on gold for the remainder of this year, forecasting 15% higher prices on…
Implats to shut Ontario mine
Impala Platinum (JSE: IMP; US-OTC: IMPUY), widely known as Implats, is shutting its mine in northern Ontario next May because of low palladium prices, a company spokesperson confirmed. The closure…
Copper price hits record high on Trump tariff plan
Copper prices jumped by double digits on Tuesday after U.S. President Donald Trump announced plans to implement a 50% tariff on the industrial metal. Click on chart for Live Prices “I…
Central banks, falling USD spur gold price: Sprott
The gold price’s sustained rally through the first half of 2025 reflects deeper shifts in global financial power, with central banks accelerating a move away from the U.S. dollar and…
CMOC’s IXM cites force majeure on cobalt deliveries
IXM, a metals trading unit of CMOC Group, a partially Chinese state-owned entity, has declared force majeure on its cobalt supply contracts due to an ongoing export ban in the…
CHART: The brutal economics of EV battery lithium
News this week that the world’s second-biggest lithium miner – SQM – has begun laying off 5% of its Chilean workforce would not come as a surprise to those following…
US Antimony’s Fostung buy to offer Canadian tungsten
United States Antimony (NYSEA: UAMY) plans to fast-track development of its new Fostung tungsten property in Ontario, it said Friday. U.S. Antimony, based in Dallas, paid $5 million (C$6.9…
BofA sees $4,000 gold price on US debt, not war
Analysts at Bank of America see gold prices reaching $4,000 an oz. — an 18% jump above current levels — within the next year due to a ballooning U.S. fiscal…
Torngat secures $165M for Strange Lake REE project
Torngat Metals has secured $165 million in government funding for pre-construction work at its Strange Lake rare earth project straddling northern Quebec and Labrador. Export Development Canada is supplying a…