RBC $6,500 Gold Forecast Shows Miner Cash Flow Surge
Gold miners may be entering the most cash-generative stretch in the sector’s modern history, with RBC Capital Markets models pointing to a steep jump in free cash flow as gold approaches $6,500 per ounce by 2027. RBC’s producer coverage chart shows sector free cash flow rising from a historically choppy range below roughly $5.0 billion […]
BHP Shifts to Yuan-Based Index for Chinese Iron Ore Sales in Landmark Deal
BHP Group, the world’s largest miner by market value, has agreed to use a yuan-based spot index for pricing some of its iron ore sales to China, marking a significant shift in how the commodity is traded with its biggest customer. The preliminary deal with China Mineral Resources Group (CMRG), a state-backed buyer, includes an […]
US Mint Under Scrutiny for Sourcing Gold Tied to Drug Cartels
A bombshell investigation has revealed that gold used by the US Mint, responsible for producing investor-grade coins, is tied to criminal networks in Colombia. Roughly $1.5 billion of Colombia’s $4.1 billion in gold exports landed in the US in 2024, making it the largest destination for the country’s gold trade. The probe uncovered a murky […]
Silver Is in a New Price Regime, and the Market Isn’t Used to It | Keith Neumeyer – First Majestic
In this conversation with Keith Neumeyer, CEO of First Majestic Silver Corp. (NYSE: AG) (TSX: AG), we discuss silver’s violent move above $100, why the pullback does not change the bigger setup, and what Keith believes is really driving the market higher.
Agnico Eagle Just Made a Massive Gold Land Grab
Agnico Eagle (TSX: AEM) just made one of the biggest gold moves in the market, locking up a huge portion of Finland’s Central Lapland Greenstone Belt through a series of major transactions. With Rupert Resources (TSX: RUP), Aurion Resources (TSXV: AU), and B2Gold’s (TSX: BTO) JV interest all folded into the plan, the bigger story […]
A Copper-Gold Deposit Caught the White House’s Attention | Rob McLeod – Cambria Gold
In this conversation with Rob McLeod, CEO of Cambria Gold Mines Inc. (TSXV: CAMB), we discuss the company’s push to restart Premier and advance Red Mountain in British Columbia, the significance of its recent financing, and why management believes the path back to production could come sooner than many expected.
Brazil Court Petitioned to Halt Serra Verde Sale to USA Rare Earth
A Brazilian political party has petitioned the Supreme Court to suspend the $2.8 billion sale of Serra Verde Group to USA Rare Earth Inc, citing national security concerns. Rede Sustentabilidade, a left-wing party, argues that the deal risks transferring control of strategic mineral assets without adequate constitutional safeguards. In a filing submitted on April 23, […]
Why Discipline Matters in a High Gold Price Market | Darren Hall – Equinox Gold
In this conversation with Darren Hall, CEO of Equinox Gold Corp. (TSX: EQX) (NYSE: EQX), we discuss how a major gold producer thinks about capital allocation in a strong gold environment, why higher prices do not automatically justify looser spending, and what it takes to build a resilient business through both good and bad parts […]
Poilievre’s Attack On Carney’s Brookfield Tax Haven Comes Back
Conservative Leader Pierre Poilievre accused Prime Minister Mark Carney of benefiting from Brookfield while calling for Ottawa to “stop the tax havens.” “I find it interesting. Mark Carney’s company, which he still owns, Brookfield, has been called the biggest tax dodger in Canada, and Carney benefits from that, while single mothers, small businesses, and seniors […]
Anti-MAGA Influencer Claims CBS Shelved His Debate After Bari Weiss
CBS is facing a new transparency fight after Dean Withers, a young progressive political commentator known for debating conservatives online, claimed the network flew him to Washington, DC, filmed an in-person debate about the Trump administration, then never aired it or explained why. Withers said CBS covered “everything” for the production six months ago, including […]