Trump Copper Tariff Announcement Sends Prices to Record Highs
Copper prices exploded to historic levels Tuesday after President Donald Trump declared during a White House Cabinet meeting that he would slap a 50% import duty on the industrial metal. Trump’s brief remarks — “Today we’re doing copper. I believe the tariff on copper, we’re going to make it 50%” — sent commodity traders scrambling […]
First Majestic Produces 7.9 Silver Equivalent Ounces In Q2, Lifts Production Guidance
First Majestic Silver (TSX: AG) (NYSE: AG) saw improved silver equivalent production in the second quarter of 2025, leading the company to lift 2025 guidance off the back of this performance. Silver equivalent production rose 48% on a year over year basis, while silver production itself was up 76%.
Radisson Mining’s O’Brien PEA Pegs $532M NPV5%, 48% IRR If a Toll-Milling Deal Locks In
Radisson Mining (TSXV: RDS) has released a preliminary economic assessment that pegs the O’Brien Gold Project at an after-tax NPV5% of $532 million and an IRR of 48% at a gold price of US$2,550 per ounce. The study leans hard on a toll-milling scenario at IAMGOLD’s nearby Doyon facility, a move that trims onsite costs […]
Triple Flag Reports Prelim Q2 Revenue Of $94.1 Million
Triple Flag Precious Metals (TSX: TFPM) this morning reported their preliminary second quarter results, highlighted by record revenues for the second quarter. The company is reporting topline revenues of US$94.1 million for the quarter, as compared to US$82.2 million in revenues seen in the first quarter. The revenue figure follows metal sales of 28,682 gold […]
Emperor Metals Reports Maiden Resource Of 1.46 Million Ounces Of Gold
Emperor Metals (CSE: AUOZ) has released a maiden resource estimate for their Duquesne West Gold Project in Quebec. The Abitibi-based project has seen the estimate assembled using both open pit and underground mining models. Highlights from the results include: On a combined basis Duquesne West is estimated to contain 1.46 million ounces of gold at […]
US Jobs Report: Outside Health Care, Only 15,000 Jobs Added in June
The June jobs report looks sturdy on the surface—headline payrolls advanced by 147,000 and joblessness held at 4.1%—but a closer read exposes soft underpinnings and fresh pressure points for the US labor market. State-school staffing drove the upside surprise. Economists at Pantheon Macroeconomics call the 70,000+ jump in state and local education jobs “suspect,” warning […]
Pipeline in the Dark: Resources Minister Says Megaproject Decisions Will “Happen In Private”
Natural Resources Minister Tim Hodgson says Canadians will learn about “projects of national interest” only after cabinet has already signed off on them. “I never did a deal with the press,” he told reporters, stressing that negotiations “are going to happen in private.” Under the One Canadian Economy Act (Bill C-5), which received royal assent […]
German Industry Faces Worst Crisis Since WWII, Companies Say
Major German industrial companies and labor unions sent an urgent letter to Chancellor Friedrich Merz on July 3, warning that the country’s energy transition policies are threatening over one million manufacturing jobs and pushing Germany into its worst economic crisis since World War II. The letter, signed by representatives from the works councils of steel […]
Japan Chose Diplomacy Over Retaliation—and May Have Lost Leverage
While China responded to President Donald Trump’s trade offensive with immediate retaliation against US farmers, Japan chose a starkly different path that industry analysts now say may have backfired in deadlocked negotiations. Japanese automakers quietly absorbed most tariff costs rather than passing them to American consumers, a corporate decision that prevented the “sticker shock” political […]
Bolivian Congress Descends Into Violence Over Lithium Mining Contracts
Lawmakers hurled water and trash at Bolivia’s energy minister Thursday as a congressional session devolved into physical confrontations over $2 billion worth of lithium extraction agreements with foreign companies. The chaotic scene unfolded as Energy Minister Alejandro Gallardo defended controversial contracts with Chinese and Russian firms before opposition legislators aligned with former President Evo Morales. […]