Goldman Warns Copper Rally Overdone, Predicts 14% Drop Despite Stock Surge
Copper mining stocks jumped 108% in 2025, but Goldman Sachs warns current prices aren’t justified and expects a 14% correction to $11,200 per metric ton by late 2026. Copper hit $13,200 per ton this month — record highs driven by tariff fears and US stockpiling rather than fundamentals. Goldman projects a 300,000 ton global surplus […]
TD Securities’ Bearish Silver Bet Fails as China Tightens Exports
TD Securities‘ strategic bet against silver backfired spectacularly this month as the metal’s price surge past the bank’s stop-loss level, potentially costing the firm millions on a trade that anticipated a 50% price collapse. The Canadian investment bank entered a short position in March silver futures at $78 per ounce on January 7, targeting a […]
Senate Bill Gives Treasury Warrantless Power Over Crypto Transactions
The cryptocurrency industry is attacking a Senate banking bill backed by President Donald Trump’s allies, warning it grants Treasury unprecedented surveillance powers that contradict the administration’s promise to make America the “crypto capital of the world.” Galaxy Digital released an analysis on Tuesday, quoted by The Block, calling the Senate Banking Committee’s Digital Asset Market […]
Trump Looks To Bring Critical Mineral Processing To US, Considering Price Floors
President Donald Trump is betting big on critical minerals again, signing an proclamation for the Commerce Secretary and the US Trade Representative to negotiate agreements with trading partners aimed at changing how processed critical minerals and their derivative products enter the US. The proclamation traces back to an October 2025 Commerce report under Section 232 […]
Quebec Premier Legault Resigns as Party Drops to 10% in Polls
Quebec Premier François Legault announced his resignation on Wednesday, ending a seven-year tenure marked by early pandemic leadership successes but concluding with record unpopularity and party defections. Legault, 68, will remain premier until his Coalition Avenir Québec selects a new leader. The party faces an October provincial election trailing far behind rivals in polling. “For […]
Six in 10 Canadians Expect Economy to Worsen in 2026
Nearly six in 10 Canadians expect the economy to deteriorate in 2026, with more than seven in 10 bracing for higher living costs, according to a survey released Monday by consumer insolvency firm MNP Ltd. The survey found 59% anticipate the economy will worsen, while 71% expect living expenses to rise. Another 59% predict rising […]
APMEX Imposes $10K Minimum To Curb Demand Due To Record Gold & Silver Highs
APMEX said unprecedented order volumes tied to repeated record highs in gold and silver have pushed operational capacity to the point that it is instituting a $10,000 minimum order to “help keep volumes down and improve service levels,” alongside broader fulfillment and product-availability controls. In a customer letter, CEO Ken Lewis described the last two […]
NexGen Launches 42,000 Metre Drill Program At PCE While Expanding Mineralized Footprint
NexGen Energy (TSX: NXE) has continued to see strong success at their Patterson Corridor East project in Saskatchewan’s Athabasca Basin. The company this morning revealed they have wrapped up their 2025 exploration program, while announcing the commencement of their 2026 field program. The 2025 exploration program at PCE managed to expand the extent of known […]
Alamos Gold Misses 2025 Guidance, Produces 545,400 Ounces
Alamos Gold (TSX: AGI) joins a growing list of producers this morning that failed to achieve their 2025 guidance. The company this morning reported 2025 production of 545,400 ounces of gold. That production level falls short of the revised guidance that called for 560,000 to 580,000 ounces of production over the course of 2025. The […]
First Majestic Hits 2025 Guidance, Producing 31.1 Million Silver Equivalent Ounces, Increases Dividend
First Majestic Silver (TSX: AG) (NYSE: AG) has joined a small list of precious metals producers that managed to achieve their 2025 production guidance. The company this morning released their fourth quarter and full year production results, while also announcing 2026 guidance and an increase to their dividend due to improving financials.