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Malaysian Reserve
12-07-2025
- Business
- Malaysian Reserve
Silver Viper Closes $3.6 Million Private Placement
/NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES/ VANCOUVER, BC, July 11, 2025 /CNW/ – Silver Viper Minerals Corp. (the 'Company' or 'Silver Viper') (TSXV: VIPR) (OTC: VIPRF) is pleased to announce that it has closed its $3.6 million non-brokered private placement announced on June 18, 2025 (the 'Offering'), issuing 11,993,149 units of the Company (the 'Units') at a price of $0.30 per Unit for aggregate gross proceeds of $3,484,161. Each Unit consisted of one common share of the Company (each, a 'Share') and one half of one warrant (each, a 'Warrant'). Each Warrant entitles the holder thereof to acquire one Share from the Company at a price of $0.50 per Share for a period of 24 months from the date of issue. All Units issued in connection with the Offering bears a legend indicating that they are subject to a trading restriction for a period of 12 months following the closing of the transaction. The Issuer intends to use the proceeds from the Offering for drilling and other exploration activities at La Virginia and for working capital and other general corporate purposes. As consideration for their services in connection with the Offering, the Finders received a total cash commission of $86,484 and were issued 379,279 Finder's Units (the 'Finder's Units') of the Company. The Finder's Units have the same terms as the Units issued to subscribers in the Offering and bears a legend indicating that they are subject to a trading restriction for a period of 12 months following closing. Eric Sprott, through 2176423 Ontario Ltd., a corporation beneficially owned by him, acquired 1,516,700 Units pursuant to the Private Placement for total consideration of $455,010.00. Prior to the Private Placement, Mr. Sprott beneficially owned or controlled 3,333,300 common shares and 1,666,650 common share purchase warrants of the Company representing approximately 6.2% on a non-diluted basis and 9.0% on a fully diluted basis assuming the exercise of such Warrants. As a result of the Private Placement, Mr. Sprott now beneficially owns or controls 4,850,000 common shares and 2,425,000 common share purchase warrants of the Company representing approximately 7.3% on a non-diluted basis and 10.6% on a fully diluted basis assuming the exercise of such Warrants. The securities are held for investment purposes. Mr. Sprott has a long-term view of the investment and may acquire additional securities including on the open market or through private acquisitions or sell the securities including on the open market or through private dispositions in the future depending on market conditions, reformulation of plans and/or other relevant factors. A copy of the early warning report with respect to the foregoing will appear on Silver Viper's profile on SEDAR+ at and may also be obtained by calling Mr. Sprott's office at (416) 945-3294 (2176423 Ontario Ltd., 7 King Street East, Suite 1106, Toronto Ontario M5C 3C5). Insiders of the Company subscribed for a total of 616,667 Units. Participation by the insiders constitutes a related party transaction as defined under Multilateral Instrument 61-101 ('MI 61-101'). The Company is relying on the exemptions from the valuation and minority shareholder approval requirements of MI 61-101 contained in sections 5.5(a) and 5.7(1)(a) of MI 61-101, as the fair market value of the participation in the Private Placement by insiders does not exceed 25% of the market capitalization of the Company, as determined in accordance with MI 61-101. The securities described herein have not been, and will not be, registered under the United States Securities Act of 1933, as amended (the 'U.S. Securities Act'), or any state securities laws, and accordingly, may not be offered or sold within the United States except in compliance with the registration requirements of the U.S. Securities Act and applicable state securities requirements or pursuant to exemptions therefrom. This press release is not an offer or a solicitation of an offer of securities for sale in the United States, nor will there be any sale of the securities in any jurisdiction in which such offer, solicitation or sale would be unlawful. About the CompanySilver Viper Minerals Corp. is a Canadian-based junior mineral exploration company focused on precious metals exploration in Mexico. The Company is the operator and 100% owner of the La Virginia Gold-Silver Project in Sonora. The Company continues to evaluate and advance mineral exploration opportunities across key mining jurisdictions in Mexico and acquired the Cimarron Project in Sinaloa, Mexico in June 2025. ON BEHALF OF THE BOARD OF DIRECTORS, Steve CopePresident and CEO Follow us on social media:X: @SilverViperCorpLinkedIn: Silver Viper Minerals Silver Viper MineralsYouTube: @SilverViperMinerals Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release. Forward Looking InformationThis news release may contain forward-looking statements, including statements with respect to the terms of the Offering, closing of the Offering and use of proceeds of the Offering. These statements reflect management's current estimates, beliefs, intentions and expectations; they are not guarantees of future performance. Forward-looking statements address future events and conditions and therefore involve inherent risks and uncertainties. Such factors include, among other things: risks and uncertainties relating to exploration and development, the ability of the Company to obtain additional financing, the need to comply with environmental and governmental regulations, fluctuations in the prices of commodities, operating hazards and risks, competition and other risks and uncertainties, including those described in the Company's financial statements, management discussion and analysis and/or annual information form available on The risk factors identified in such documents are not intended to represent a complete list of factors that could affect the Company. Actual results may differ materially from those currently anticipated in such statements and the Company undertakes no obligation to update such statements, except as required by law.
Cision Canada
11-07-2025
- Business
- Cision Canada
Silver Viper Closes $3.6 Million Private Placement
VANCOUVER, BC, /CNW/ - Silver Viper Minerals Corp. (the " Company" or " Silver Viper") (TSXV: VIPR) (OTC: VIPRF) is pleased to announce that it has closed its $3.6 million non-brokered private placement announced on June 18, 2025 (the " Offering"), issuing 11,993,149 units of the Company (the " Units") at a price of $0.30 per Unit for aggregate gross proceeds of $3,484,161. Each Unit consisted of one common share of the Company (each, a " Share") and one half of one warrant (each, a " Warrant"). Each Warrant entitles the holder thereof to acquire one Share from the Company at a price of $0.50 per Share for a period of 24 months from the date of issue. All Units issued in connection with the Offering bears a legend indicating that they are subject to a trading restriction for a period of 12 months following the closing of the transaction. The Issuer intends to use the proceeds from the Offering for drilling and other exploration activities at La Virginia and for working capital and other general corporate purposes. As consideration for their services in connection with the Offering, the Finders received a total cash commission of $86,484 and were issued 379,279 Finder's Units (the " Finder's Units") of the Company. The Finder's Units have the same terms as the Units issued to subscribers in the Offering and bears a legend indicating that they are subject to a trading restriction for a period of 12 months following closing. Eric Sprott, through 2176423 Ontario Ltd., a corporation beneficially owned by him, acquired 1,516,700 Units pursuant to the Private Placement for total consideration of $455,010.00. Prior to the Private Placement, Mr. Sprott beneficially owned or controlled 3,333,300 common shares and 1,666,650 common share purchase warrants of the Company representing approximately 6.2% on a non-diluted basis and 9.0% on a fully diluted basis assuming the exercise of such Warrants. As a result of the Private Placement, Mr. Sprott now beneficially owns or controls 4,850,000 common shares and 2,425,000 common share purchase warrants of the Company representing approximately 7.3% on a non-diluted basis and 10.6% on a fully diluted basis assuming the exercise of such Warrants. The securities are held for investment purposes. Mr. Sprott has a long-term view of the investment and may acquire additional securities including on the open market or through private acquisitions or sell the securities including on the open market or through private dispositions in the future depending on market conditions, reformulation of plans and/or other relevant factors. A copy of the early warning report with respect to the foregoing will appear on Silver Viper's profile on SEDAR+ at and may also be obtained by calling Mr. Sprott's office at (416) 945-3294 (2176423 Ontario Ltd., 7 King Street East, Suite 1106, Toronto Ontario M5C 3C5). Insiders of the Company subscribed for a total of 616,667 Units. Participation by the insiders constitutes a related party transaction as defined under Multilateral Instrument 61-101 ("MI 61-101"). The Company is relying on the exemptions from the valuation and minority shareholder approval requirements of MI 61-101 contained in sections 5.5(a) and 5.7(1)(a) of MI 61-101, as the fair market value of the participation in the Private Placement by insiders does not exceed 25% of the market capitalization of the Company, as determined in accordance with MI 61-101. The securities described herein have not been, and will not be, registered under the United States Securities Act of 1933, as amended (the " U.S. Securities Act"), or any state securities laws, and accordingly, may not be offered or sold within the United States except in compliance with the registration requirements of the U.S. Securities Act and applicable state securities requirements or pursuant to exemptions therefrom. This press release is not an offer or a solicitation of an offer of securities for sale in the United States, nor will there be any sale of the securities in any jurisdiction in which such offer, solicitation or sale would be unlawful. About the Company Silver Viper Minerals Corp. is a Canadian-based junior mineral exploration company focused on precious metals exploration in Mexico. The Company is the operator and 100% owner of the La Virginia Gold-Silver Project in Sonora. The Company continues to evaluate and advance mineral exploration opportunities across key mining jurisdictions in Mexico and acquired the Cimarron Project in Sinaloa, Mexico in June 2025. ON BEHALF OF THE BOARD OF DIRECTORS, Steve Cope President and CEO Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release. Forward Looking Information This news release may contain forward-looking statements, including statements with respect to the terms of the Offering, closing of the Offering and use of proceeds of the Offering. These statements reflect management's current estimates, beliefs, intentions and expectations; they are not guarantees of future performance. Forward-looking statements address future events and conditions and therefore involve inherent risks and uncertainties. Such factors include, among other things: risks and uncertainties relating to exploration and development, the ability of the Company to obtain additional financing, the need to comply with environmental and governmental regulations, fluctuations in the prices of commodities, operating hazards and risks, competition and other risks and uncertainties, including those described in the Company's financial statements, management discussion and analysis and/or annual information form available on The risk factors identified in such documents are not intended to represent a complete list of factors that could affect the Company. Actual results may differ materially from those currently anticipated in such statements and the Company undertakes no obligation to update such statements, except as required by law. SOURCE Silver Viper Minerals Corp.
News.com.au
11-07-2025
- Business
- News.com.au
Gold Digger: Gold miners could still outperform after massive FY2025
Gold miners outperform key market indices in first half of 2025 But some fund managers continue to see gold miners as undervalued Big price moves for Falcon Metals and Yandal Resources this week This chart from Sprott's latest gold and silver update gives a strong sense of the outperformance of gold equities this year as tariff uncertainty and a US dollar flop has sent investors flocking to safe haven assets. Stock indices continue to perform strongly, but not as well as precious metals, with gold and silver bullion up around 25% to the end of June. Some good reasons behind that, Sprott's Paul Wong says. "While markets continue to recover from the early April selloff, the longer-term policy and structural risks remain in place and mostly unresolved," he said in the note. "These include the unsustainable and worsening trajectory of the US fiscal debt and deficit situation, a weakening US dollar policy, institutional erosion, rule of law and corruption, ongoing trade and tariff tensions, unilateral and capricious policy actions, and the list grows. "Taken in its entirety, we believe gold is being bought as a safe haven asset due to the US dollar's eroding store of value role and the fracturing of trust across nearly all global monetary and political orders and systems." And those haven't come close to gold stocks, which have surged 53%, according to the NYSE Arca Gold Miners Index Margin expansion, which typically runs proportionally ahead of the change in the actual gold price when prices are on the up, has been a big factor. That, on the face of things, could make gold stocks look a little overvalued at the moment, given equities have surged by a factor of 2x the gold price in 2025 so far. Not so, this fundie says It's always worth noting fundies tend to speak their own book. But after a 54.2% YTD gain, Cameron Judd, the portfolio manager out of Victor Smorgon Partners' gold fund, is understandably bullish. In an update on Thursday he noted the average Aussie dollar gold price in the quarter was $5129/oz, a 12% increase on the March quarter that came in as the largest absolute increase in 46 years. 'Given the sustained and steady increase in gold prices, gold miners continue to report higher revenues and investors are watching closely for higher margins to result in accelerating cashflows," Judd said. "We believe gold producers that can contain costs and demonstrate an ability to convert higher prices into cash on the balance sheet will be further rewarded through the second half of 2025.' Data out of the World Gold Council in its annual survey of central banks showed a record number central banks, powered by emerging markets institutions, expect central banks to accumulate gold in 2025. At ~1000t over the past three years, the buying trend had doubled from the average seen over the previous decade, Judd noted. He sees gold heading as high as US$4000/oz. "The gold price has risen for six straight months since the start of 2025. Gold's performance during times of crisis, portfolio diversification and inflation hedging are key themes driving central bank and other investors to accumulate more gold, which is maintaining upward pressure on the price,' he said. 'Victor Smorgon Partners holds the view that a 5% to 10% allocation of gold in a diversified portfolio of assets will provide superior risk-adjusted returns with lower volatility over time.' VSP's gold strategy has an estimated net return of 115.4% since its inception in May 2020, with the ASX gold equities index up 63.5% in the same time. Performance was less stellar in the back end of FY25, down 4.2% in the month of June and up 1.9% for the June quarter. Can the good times continue for gold stock pickers? The question may be less about the value of gold equities against gold and more about the value of gold equities compared to the rest of the market, Judd thinks. "Despite the strong gold price performance and fundamentals supporting further appreciation, gold miners are trading at discounted valuations on the ASX. (Emphasis not ours.) "Gold miners represent the most compelling opportunity in the gold sector. Gold miners are generating significant free cash flow, with implied margins at record highs exceeding A$1,500 /oz of production. "The ASX gold sector is trading on a 12-month forward EV/EBITDA of 4.5 times, significantly lower than the ASX All Ordinaries which is trading on 10.5 times." VSP's gold fund has 26% of its holding in +1Mozpa producers with 39% in mid-tiers producing less than 1Mozpa. On top of that, 8% of the allocation is in developers with 22% in explorers and 5% in cash. The vast bulk of its listed company investments are in Australia at 69%. Winners and losers CODE COMPANY PRICE WEEK % MONTH % 6 MONTH % YEAR % YTD % MARKET CAP MRR Minrex Resources Ltd 0.0085 0% -6% 6% 6% 21% $ 8,678,940.02 NPM Newpeak Metals 0.027 29% 145% 108% 100% 145% $ 6,763,506.35 MTC Metalstech Ltd 0.13 13% -7% -10% -43% -7% $ 27,133,811.38 GED Golden Deeps 0.022 0% -4% -8% -33% -12% $ 3,719,639.72 G88 Golden Mile Res Ltd 0.01 -9% -17% 11% -9% 11% $ 5,986,726.41 LAT Latitude 66 Limited 0.041 17% 8% -11% -73% 8% $ 5,449,226.79 NMR Native Mineral Res 0.175 0% -10% 338% 775% 349% $ 151,526,022.29 AQX Alice Queen Ltd 0.003 -14% 0% -63% -63% -63% $ 4,998,560.27 SLZ Sultan Resources Ltd 0.006 0% 20% 0% -25% 0% $ 1,388,819.46 KSN Kingston Resources 0.1425 4% 19% 85% 83% 101% $ 116,668,604.22 AMI Aurelia Metals Ltd 0.1925 -1% -39% 7% -13% 13% $ 338,514,528.00 GIB Gibb River Diamonds 0.034 13% 3% -15% -8% -15% $ 6,864,302.24 KCN Kingsgate Consolid. 2.55 7% 19% 93% 61% 98% $ 644,379,230.00 TMX Terrain Minerals 0.002 -20% -20% -43% -33% -33% $ 5,063,628.55 BNR Bulletin Res Ltd 0.059 7% -8% 51% 40% 51% $ 17,323,186.06 NXM Nexus Minerals Ltd 0.07 1% -21% 49% 75% 56% $ 42,263,172.91 SKY SKY Metals Ltd 0.063 7% 40% 21% 80% 17% $ 43,352,893.13 LM8 Lunnonmetalslimited 0.22 -10% 0% 5% 16% -12% $ 47,435,057.41 CST Castile Resources 0.058 0% 0% -16% -12% -28% $ 17,427,669.06 YRL Yandal Resources 0.17 98% 42% -8% 36% -3% $ 52,569,946.94 FAU First Au Ltd 0.0035 -13% 17% 75% 75% 75% $ 7,267,019.47 ARL Ardea Resources Ltd 0.425 6% 5% 35% -10% 29% $ 88,373,424.30 GWR GWR Group Ltd 0.098 7% 5% 24% 14% 23% $ 31,713,452.19 IVR Investigator Res Ltd 0.026 8% -26% 24% -46% 30% $ 41,585,109.86 GTR Gti Energy Ltd 0.0035 -13% -13% 17% -13% 0% $ 14,835,762.08 IPT Impact Minerals 0.007 0% 40% -33% -47% -26% $ 27,953,309.78 BNZ Benzmining 0.545 -2% 21% 47% 374% 58% $ 110,501,390.72 MOH Moho Resources 0.004 0% 0% -20% -33% -20% $ 2,981,656.11 BCM Brazilian Critical 0.011 -8% 10% 10% -31% 22% $ 13,105,332.35 PUA Peak Minerals Ltd 0.051 19% 143% 557% 1487% 557% $ 168,624,634.82 MRZ Mont Royal Resources 0.041 0% 0% 11% -29% -5% $ 3,486,221.51 SMS Starmineralslimited 0.025 -4% 14% -26% -11% -31% $ 4,645,166.33 MVL Marvel Gold Limited 0.013 0% -13% 63% 86% 44% $ 18,111,154.14 PRX Prodigy Gold NL 0.002 -33% 0% 0% -10% 0% $ 6,350,111.10 AAU Antilles Gold Ltd 0.005 0% 11% 67% 43% 67% $ 11,895,340.08 CWX Carawine Resources 0.097 1% 4% -3% 10% -3% $ 22,904,168.55 RND Rand Mining Ltd 1.88 -4% -1% 32% 26% 24% $ 106,073,667.27 CAZ Cazaly Resources 0.021 5% 24% 62% 5% 50% $ 9,687,362.81 BMR Ballymore Resources 0.16 7% 10% 31% 14% 33% $ 27,393,240.68 DRE Dreadnought Resources Ltd 0.01 11% -23% -17% -57% -17% $ 50,795,000.00 ZNC Zenith Minerals Ltd 0.033 -6% -15% -8% -30% -18% $ 14,412,955.20 REZ Resourc & En Grp Ltd 0.021 0% 62% -25% 40% -9% $ 14,104,421.56 LEX Lefroy Exploration 0.1 0% -5% 49% 2% 43% $ 26,084,114.49 ERM Emmerson Resources 0.13 4% -4% 67% 106% 69% $ 82,630,454.27 AM7 Arcadia Minerals 0.018 0% 0% -10% -55% -5% $ 2,112,901.79 ADT Adriatic Metals 5.79 2% 14% 51% 56% 48% $ 1,733,286,809.55 AS1 Asara Resources Ltd 0.052 -4% -12% 189% 420% 174% $ 52,856,536.70 CYL Catalyst Metals 4.89 -9% -26% 63% 247% 90% $ 1,309,270,762.80 CHN Chalice Mining Ltd 1.65 -11% 17% 53% 33% 49% $ 655,510,137.78 KAL Kalgoorliegoldmining 0.047 18% 2% 161% 81% 161% $ 16,795,200.36 MLS Metals Australia 0.017 0% -6% -23% -11% -26% $ 12,388,231.91 ADN Andromeda Metals Ltd 0.011 -8% -15% 83% -35% 57% $ 45,783,790.36 MEI Meteoric Resources 0.1375 15% 6% 56% -2% 62% $ 292,170,347.75 SRN Surefire Rescs NL 0.002 0% 0% -20% -66% -32% $ 4,972,890.78 WA8 Warriedarresourltd 0.105 -9% 0% 123% 72% 139% $ 129,393,960.19 HMX Hammer Metals Ltd 0.029 -9% -19% -17% -24% -12% $ 28,408,278.40 WCN White Cliff Min Ltd 0.024 9% 9% 33% 60% 50% $ 55,507,881.36 AVM Advance Metals Ltd 0.04 -18% -23% 18% 54% 18% $ 10,601,393.36 ASR Asra Minerals Ltd 0.002 0% 0% -20% -71% -33% $ 8,000,396.02 ARI Arika Resources 0.037 0% -10% 23% 85% 37% $ 28,183,065.77 CTO Citigold Corp Ltd 0.004 0% 14% 0% 0% 0% $ 12,000,000.00 SMI Santana Minerals Ltd 0.585 6% -5% 27% 48% 21% $ 390,268,084.50 M2R Miramar 0.004 0% 14% 0% -50% 33% $ 3,987,293.14 MHC Manhattan Corp Ltd 0.02 -9% -9% -20% -40% 5% $ 4,697,977.96 GRL Godolphin Resources 0.011 22% 10% -21% -35% -24% $ 4,488,733.12 SVG Savannah Goldfields 0.021 0% 5% 9% 4% 14% $ 20,548,386.70 EMC Everest Metals Corp 0.145 4% -3% 0% 12% 7% $ 30,257,719.43 GUL Gullewa Limited 0.068 5% -8% 19% -7% 21% $ 14,825,507.70 CY5 Cygnus Metals Ltd 0.09 3% -10% -25% 109% -10% $ 93,567,071.66 G50 G50Corp Ltd 0.21 5% 11% 45% 31% 35% $ 36,134,473.28 ADV Ardiden Ltd 0.16 7% 10% 19% 16% 19% $ 10,315,388.49 AAR Astral Resources NL 0.145 -6% -17% 0% 84% 7% $ 212,702,584.35 VMC Venus Metals Cor Ltd 0.115 10% -8% 64% 55% 72% $ 20,593,511.72 NAE New Age Exploration 0.0035 0% 0% -13% -22% 0% $ 8,117,734.22 VKA Viking Mines Ltd 0.006 -14% 0% -25% -25% -25% $ 9,407,641.24 LCL LCL Resources Ltd 0.006 -14% -14% -33% -25% -40% $ 7,195,542.91 MTH Mithril Silver Gold 0.45 0% -13% 6% 150% 13% $ 64,225,929.68 ADG Adelong Gold Limited 0.005 0% 0% 0% -9% 11% $ 10,343,383.37 RMX Red Mount Min Ltd 0.009 13% 0% 0% -10% 0% $ 5,143,569.65 PRS Prospech Limited 0.018 13% -10% -38% -50% -38% $ 8,712,995.40 TTM Titan Minerals 0.315 0% -19% -20% -25% -17% $ 79,515,240.33 AKA Aureka Limited 0.095 -21% -27% -47% -99% -30% $ 13,235,279.51 AAM Aumegametals 0.029 0% -15% -34% -52% -31% $ 18,123,391.26 KZR Kalamazoo Resources 0.09 -2% 2% 13% 11% 22% $ 19,087,235.98 BCNDA Beacon Minerals 1.05 -6% -6% 14% 1% 19% $ 108,301,383.15 MAU Magnetic Resources 1.44 -4% -16% 32% 21% 30% $ 386,412,881.76 BC8 Black Cat Syndicate 0.785 -4% -2% 11% 118% 39% $ 548,348,864.55 EM2 Eagle Mountain 0.006 0% 0% -25% -88% -33% $ 5,675,186.45 EMR Emerald Res NL 3.58 -10% -20% 5% -7% 10% $ 2,431,212,303.87 BYH Bryah Resources Ltd 0.007 0% -53% 75% 40% 133% $ 5,819,721.13 HCH Hot Chili Ltd 0.625 -2% 10% -17% -36% -11% $ 90,205,751.48 WAF West African Res Ltd 2.265 -3% -1% 42% 61% 58% $ 2,644,718,380.08 MEU Marmota Limited 0.039 -7% -5% -19% -15% 0% $ 46,543,078.71 NVA Nova Minerals Ltd 0.295 -6% -16% -21% 34% -20% $ 95,284,238.02 SVL Silver Mines Limited 0.1225 -2% -6% 66% -23% 57% $ 221,353,847.04 PGD Peregrine Gold 0.19 31% 36% 19% -10% 36% $ 16,545,309.50 ICL Iceni Gold 0.065 5% -30% -17% -17% -8% $ 21,284,685.99 FG1 Flynngold 0.033 6% 0% 32% 50% 32% $ 12,522,127.04 WWI West Wits Mining Ltd 0.0195 -11% -33% 30% 39% 39% $ 64,145,733.31 RML Resolution Minerals 0.0465 -11% 174% 323% 94% 288% $ 30,430,423.33 AAJ Aruma Resources Ltd 0.008 0% -20% -20% -27% -33% $ 2,623,524.20 HWK Hawk Resources. 0.022 16% 29% -4% -38% 0% $ 5,147,659.53 GMN Gold Mountain Ltd 0.002 100% 33% -33% -33% -33% $ 11,239,518.49 MEG Megado Minerals Ltd 0.034 36% 162% 127% 257% 100% $ 18,503,839.49 HMG Hamelingoldlimited 0.063 0% -24% 7% -21% -2% $ 12,493,124.97 BM8 Battery Age Minerals 0.054 2% -2% -44% -63% -49% $ 6,582,158.44 TBR Tribune Res Ltd 4.71 1% -4% 11% 42% 10% $ 250,272,727.29 FML Focus Minerals Ltd 0.365 4% -3% 83% 135% 115% $ 101,728,318.98 VRC Volt Resources Ltd 0.004 0% -20% 33% -11% 33% $ 18,739,397.64 ARV Artemis Resources 0.0055 10% -8% -35% -45% -31% $ 12,678,360.83 HRN Horizon Gold Ltd 0.5125 -8% -13% 7% 83% 7% $ 76,765,159.19 CLA Celsius Resource Ltd 0.007 0% 0% -26% -50% -36% $ 21,948,419.16 QML Qmines Limited 0.047 12% 31% -2% -20% -13% $ 22,531,295.28 RDN Raiden Resources Ltd 0.0045 13% -10% -70% -84% -59% $ 13,803,565.77 TCG Turaco Gold Limited 0.5 2% 3% 64% 138% 96% $ 504,195,659.80 KCC Kincora Copper 0.059 51% 51% 84% 37% 119% $ 11,758,754.40 GBZ GBM Rsources Ltd 0.017 13% 143% 143% 70% 113% $ 21,237,916.65 DTM Dart Mining NL 0.003 0% -14% -67% -83% -67% $ 3,594,166.73 MKR Manuka Resources. 0.048 9% 4% 85% 45% 71% $ 38,344,112.77 AUC Ausgold Limited 0.595 -13% -16% 40% 75% 42% $ 207,319,918.88 ANX Anax Metals Ltd 0.008 14% 0% -20% -67% -33% $ 6,179,652.97 EMU EMU NL 0.028 47% 65% 12% 12% 4% $ 5,281,211.70 SFM Santa Fe Minerals 0.2 43% 426% 525% 525% 545% $ 13,107,382.02 PNR Pantoro Gold Limited 2.9 -8% -18% 62% 71% 90% $ 1,190,223,186.99 CMM Capricorn Metals 9.23 -2% 1% 37% 79% 47% $ 4,073,710,450.95 VRL Verity Resources 0.023 15% -18% 24% -41% 18% $ 6,426,739.76 HAW Hawthorn Resources 0.055 -4% 12% 34% -8% 34% $ 19,095,889.94 BGD Bartongoldholdings 0.745 -10% -7% 210% 217% 204% $ 172,972,828.49 SVY Stavely Minerals Ltd 0.014 27% 0% -39% -52% -18% $ 6,528,505.12 AGC AGC Ltd 0.16 3% -9% 14% -48% 3% $ 41,055,555.52 RGL Riversgold 0.004 0% 0% 33% -27% 0% $ 6,734,850.37 TSO Tesoro Gold Ltd 0.03 3% 15% 43% -9% 50% $ 56,411,157.80 GUE Global Uranium 0.062 -10% -7% -19% -27% 3% $ 28,649,544.40 CPM Coopermetalslimited 0.036 -5% 3% -20% -45% -22% $ 2,820,803.40 MM8 Medallion Metals. 0.245 2% -4% 75% 362% 104% $ 127,161,422.50 FFM Firefly Metals Ltd 1.08 -4% 9% 11% 31% 17% $ 736,314,118.36 CBY Canterbury Resources 0.024 -11% -8% 4% -47% 9% $ 4,978,581.50 SLA Solara Minerals 0.17 0% 10% 0% -48% 89% $ 9,857,419.91 SFR Sandfire Resources 10.96 -4% -6% 12% 22% 18% $ 5,095,697,646.00 TAM Tanami Gold NL 0.061 2% 33% 103% 97% 103% $ 70,505,822.76 NWM Norwest Minerals 0.013 18% -13% -11% -58% 8% $ 12,588,661.31 ALK Alkane Resources Ltd 0.665 -4% -9% 27% 29% 30% $ 405,713,067.64 BMO Bastion Minerals 0.0015 0% -24% -52% -68% -52% $ 1,976,727.06 IDA Indiana Resources 0.086 1% 13% 37% 85% 41% $ 55,917,723.85 GSM Golden State Mining 0.007 -22% -13% -22% -30% -13% $ 1,955,594.41 NSM Northstaw 0.037 9% 17% 134% 316% 134% $ 11,359,363.90 GSN Great Southern 0.026 -4% 18% 53% 37% 73% $ 25,916,911.54 VAU Vault Minerals Ltd 0.39 -4% -7% 13% -5% 18% $ 2,686,976,985.89 DEG De Grey Mining 0 -100% -100% -100% -100% -100% $ 5,915,063,112.00 THR Thor Energy PLC 0.009 -10% -10% -31% -44% -31% $ 6,397,108.52 CDR Codrus Minerals Ltd 0.03 -9% -21% 76% -14% 76% $ 6,202,031.37 MDI Middle Island Res 0.019 0% -24% 58% 27% 58% $ 5,571,445.45 WTM Waratah Minerals Ltd 0.28 0% -24% 87% 2% 81% $ 63,048,311.82 POL Polymetals Resources 0.725 -8% -14% -17% 159% -9% $ 181,816,484.21 RDS Redstone Resources 0.003 -14% -25% 0% -40% 20% $ 3,619,935.74 NAG Nagambie Resources 0.015 -12% -12% -21% 36% -17% $ 12,049,535.16 BGL Bellevue Gold Ltd 0.92 -1% -2% -14% -53% -18% $ 1,395,128,171.12 GBR Greatbould Resources 0.061 -2% -2% 30% 13% 42% $ 57,057,138.18 KAI Kairos Minerals Ltd 0.028 -3% 0% 115% 229% 133% $ 73,665,541.29 KAU Kaiser Reef 0.175 -3% -5% 6% 3% 9% $ 103,870,576.25 HRZ Horizon 0.049 -4% 0% 7% 29% 23% $ 123,302,139.60 CDT Castle Minerals 0.07 -7% -24% 17% -42% 17% $ 7,888,650.76 RSG Resolute Mining 0.6575 0% 15% 58% 10% 66% $ 1,394,527,758.52 EVN Evolution Mining Ltd 7.445 -6% -13% 44% 100% 55% $ 15,117,957,795.80 CXU Cauldron Energy Ltd 0.009 0% 29% -29% -59% -23% $ 15,224,868.56 DLI Delta Lithium 0.1825 11% 1% -4% -27% 7% $ 121,812,104.64 ALY Alchemy Resource Ltd 0.005 -17% 0% -17% -17% -29% $ 5,890,381.28 NH3 Nh3Cleanenergyltd 0.05 47% 61% 150% 213% 178% $ 31,821,109.90 OBM Ora Banda Mining Ltd 0.66 -10% -37% -12% 86% 2% $ 1,365,768,352.33 AVW Avira Resources Ltd 0.007 0% 0% -65% -65% -65% $ 1,610,000.00 LCY Legacy Iron Ore 0.008 -11% -11% -11% -45% -20% $ 97,620,425.84 PDI Predictive Disc Ltd 0.43 9% 6% 76% 126% 87% $ 1,127,459,649.98 MAT Matsa Resources 0.065 -6% -10% 55% 150% 86% $ 47,208,393.73 ZAG Zuleika Gold Ltd 0.014 -7% 17% 17% -7% 8% $ 10,386,318.98 GML Gateway Mining 0.027 4% -13% 23% 13% 29% $ 10,629,327.67 SBM St Barbara Limited 0.2825 -4% -17% 1% 26% 26% $ 303,196,975.48 SBR Sabre Resources 0.008 -11% -11% -11% -47% -20% $ 3,944,619.33 STK Strickland Metals 0.15 3% 7% 90% 65% 76% $ 339,353,969.55 CEL Challenger Gold Ltd 0.08 -9% -10% 60% 54% 70% $ 155,006,939.18 GG8 Gorilla Gold Mines 0.35 -10% -35% 37% 895% 35% $ 237,005,712.97 NST Northern Star 16.185 -13% -23% -2% 24% 5% $ 23,742,477,715.38 OZM Ozaurum Resources 0.08 29% 7% 196% 51% 167% $ 15,120,723.62 TG1 Techgen Metals Ltd 0.027 0% -4% -21% -18% -23% $ 4,283,974.17 XAM Xanadu Mines Ltd 0.08 0% 1% 67% 38% 63% $ 183,296,895.12 AQI Alicanto Min Ltd 0.026 -4% -19% -30% 37% -30% $ 22,051,717.38 KTA Krakatoa Resources 0.011 -8% -8% 22% -21% 16% $ 7,560,864.06 ARN Aldoro Resources 0.355 0% 18% 18% 386% -7% $ 66,860,389.39 WGX Westgold Resources. 2.765 -3% -13% 5% 9% -2% $ 2,612,413,841.30 MBK Metal Bank Ltd 0.011 -8% -8% -27% -52% -27% $ 4,974,589.98 A8G Australasian Metals 0.067 0% -3% -14% -3% -15% $ 3,878,611.58 TAR Taruga Minerals 0.008 0% 0% -20% 14% -20% $ 5,710,032.46 DTR Dateline Resources 0.096 7% -4% 3100% 1500% 2643% $ 280,492,207.23 GOR Gold Road Res Ltd 3.185 -3% -5% 47% 81% 55% $ 3,487,340,982.60 S2R S2 Resources 0.069 3% -7% -10% -31% 3% $ 33,996,005.75 NES Nelson Resources. 0.003 0% 0% 0% 20% 0% $ 6,515,782.98 TLM Talisman Mining 0.145 -3% 7% -29% -45% -29% $ 28,248,052.35 BEZ Besragoldinc 0.05 -6% 32% -42% -49% -44% $ 20,774,848.25 PRU Perseus Mining Ltd 3.55 1% -8% 34% 41% 38% $ 4,828,315,375.84 SPQ Superior Resources 0.004 -11% 0% -33% -63% -33% $ 9,483,930.90 PUR Pursuit Minerals 0.071 8% 61% -24% -53% -26% $ 7,380,313.26 RMS Ramelius Resources 2.365 -3% -15% 8% 23% 14% $ 2,781,914,774.40 PKO Peako Limited 0.0025 -17% 25% -17% 8% -17% $ 3,719,354.90 ICG Inca Minerals Ltd 0.01 11% 100% 43% 67% 100% $ 14,713,750.26 A1G African Gold Ltd. 0.215 8% 34% 264% 835% 291% $ 110,644,374.12 NMG New Murchison Gold 0.017 0% 0% 70% 240% 89% $ 165,143,013.47 GNM Great Northern 0.014 0% -7% 17% 17% 0% $ 2,164,807.08 KRM Kingsrose Mining Ltd 0.032 7% 8% -9% -32% -9% $ 24,112,848.61 BTR Brightstar Resources 0.455 -3% -17% -9% 7% -9% $ 222,111,411.84 RRL Regis Resources 4.42 -2% -8% 60% 139% 73% $ 3,378,441,662.88 M24 Mamba Exploration 0.014 8% 17% 8% 8% 17% $ 3,837,152.93 TRM Truscott Mining Corp 0.049 0% -11% -37% -18% -37% $ 9,380,979.44 TNC True North Copper 0.38 -3% 21% -87% -93% -87% $ 47,131,631.56 MOM Moab Minerals Ltd 0.0015 50% 50% -50% -75% -25% $ 2,600,499.05 KNB Koonenberrygold 0.051 11% 19% 240% 292% 325% $ 45,103,135.75 AWJ Auric Mining 0.175 3% 3% -46% -27% -49% $ 32,546,692.85 ENR Encounter Resources 0.285 12% 27% -7% -66% -12% $ 147,143,734.11 SNG Siren Gold 0.051 6% -9% -4% -30% -22% $ 10,510,589.23 STN Saturn Metals 0.42 1% 17% 133% 127% 105% $ 181,565,787.69 USL Unico Silver Limited 0.33 12% 18% 65% 83% 69% $ 137,952,282.83 PNM Pacific Nickel Mines 0.024 0% 0% 0% 14% 0% $ 10,103,834.52 AYM Australia United Min 0.002 0% 0% 0% -33% -50% $ 3,685,154.97 HAV Havilah Resources 0.185 0% 0% -12% -14% -18% $ 62,762,414.76 SPR Spartan Resources 1.885 -2% -14% 19% 94% 34% $ 2,453,499,988.22 PNT Panthermetalsltd 0.01 -38% -33% 11% -54% -9% $ 3,009,045.48 MEK Meeka Metals Limited 0.1325 -12% -15% 33% 279% 72% $ 408,198,723.80 GMD Genesis Minerals 4.02 -6% -11% 48% 114% 63% $ 4,657,033,348.00 PGO Pacgold 0.062 0% -9% -17% -57% -17% $ 9,570,724.74 FEG Far East Gold 0.165 -8% 3% 0% 32% -8% $ 64,229,804.28 MI6 Minerals260Limited 0.11 -8% -21% -15% -33% -15% $ 237,743,333.30 IGO IGO Limited 4.59 6% 8% -7% -20% -4% $ 3,422,850,514.76 GAL Galileo Mining Ltd 0.15 11% 7% -6% -23% 20% $ 29,643,739.05 RXL Rox Resources 0.2975 -1% 6% 27% 113% 49% $ 223,919,417.70 PTN Patronus Resources 0.064 -1% 16% 14% 8% 31% $ 103,156,061.65 CLZ Classic Min Ltd 0.001 0% 0% 0% 0% 0% $ 3,017,699.21 TGM Theta Gold Mines Ltd 0.17 10% 31% 6% -3% -6% $ 149,021,621.60 FAL Falconmetalsltd 0.375 114% 188% 188% 44% 226% $ 33,630,000.00 SPD Southernpalladium 0.64 -2% 28% 13% 78% 7% $ 68,448,000.00 ORN Orion Minerals Ltd 0.011 -8% 0% -21% -35% -27% $ 68,504,478.18 TMB Tambourahmetals 0.021 -5% -9% -22% -52% 0% $ 3,235,981.01 TMS Tennant Minerals Ltd 0.0065 8% 8% -41% -69% -28% $ 7,461,232.91 AZY Antipa Minerals Ltd 0.56 -18% -26% 87% 409% 115% $ 325,037,662.32 PXX Polarx Limited 0.009 13% 13% 50% -31% 38% $ 19,004,007.82 TRE Toubani Res Ltd 0.29 4% 0% 100% 66% 71% $ 74,618,436.37 AUN Aurumin 0.089 -3% 3% 44% 162% 35% $ 44,663,412.96 GPR Geopacific Resources 0.029 12% 21% 45% 30% 45% $ 82,744,098.48 FXG Felix Gold Limited 0.14 4% -10% 27% 211% 67% $ 57,054,765.43 ILT Iltani Resources Lim 0.185 -21% -18% 0% -20% -10% $ 12,199,048.37 BRX Belararoxlimited 0.064 2% 8% -59% -78% -63% $ 10,367,934.53 TM1 Terra Metals Limited 0.048 4% 14% 50% -45% 71% $ 22,461,157.40 TOR Torque Met 0.15 0% 15% 194% 7% 183% $ 78,986,572.05 ARD Argent Minerals 0.022 0% -19% 16% 29% 29% $ 30,368,950.08 LM1 Leeuwin Metals Ltd 0.13 -4% -4% 8% 155% -7% $ 13,608,861.84 SX2 Southgold Consol 5.91 -17% -16% 0% 0% 0% $ 844,553,682.63 UVA Uvrelimited 0.12 0% 29% 41% 20% 35% $ 13,224,000.12 VTX Vertexmin 0.24 -8% -20% 9% 189% 16% $ 47,403,466.10 Falcon Metals (ASX:FAL) The market absolutely adores a Victorian gold story, bonanza grades and visible gold. That's the trifecta hit in the first wedge hole at Blue Moon, a prospect that has been interpreted as the down plunge extension of the Garden Gully Anticline, a trend that has historically produced 5.2Moz at 15g/t Au over 8km of strike. The ground surrounds the Bendigo mining permit, which remains in moratorium but has historically produced some 22Moz. That hit came in at 1.2m at 543g't from 544.2m, including 0.6m at 557g/t from 544.2m and 0.6m at 529g/t from 544.8m. The high grade strike was 5m up-dip from target T552, which was a bedding parallel quartz vein identified in the parent hole, Falcon said. The wedge hole remains in progress, planning to hit a depth of 670m and Falcon is now planning additional wedge holes to target zones closer to the fold hinge, the area where wider mineralisation is typically found around Bendigo. Let's get real though, this is what you want to see. "This outstanding result from the first wedge hole at Blue Moon is highly encouraging and it is exciting to see the abundance of visible gold present," Falcon MD Tim Markwell said. "The early success from the first phase of drilling shows the untapped potential of the Bendigo Goldfield as it continues northwards through Falcon's ground and we look forward to seeing the results as we get closer to the fold hinge where Bendigo-style saddle reefs could occur.' Falcon Metals has decent backing behind it. The explorer is a spinout of Tim Goyder's Gonneville nickel-copper-PGE discoverer Chalice Mining (ASX:CHN), which counts former Sirius Resources head honcho and S2 Resources (ASX:S2R) boss Mark Bennett as its chair. Yandal Resources (ASX:YRL) The explorer that does what it says on the tin, Yandal has a bunch of ground in the Yandal gold belt of WA, near major mining operations like Northern Star's Jundee and Bronzewing. Having caught the eye last year with results from its Siona discovery, aircore drilling at the Arrakis prospect on the Caladan Fold has investors dreaming of another discovery. YRL hit 11m at 2.1g/t from 90m in hole 25IWBAC023, 12m at 1.1g/t from 45m in 25IWBAC032 and 12m at 0.5g/t from 70m to end of hole in 25IWBAC032. Those shallow strikes show mineralisation over 800m of strike, which remains open to the southeast and northwest. The 125-hole, 12,500m program is expected to be completed in the next fortnight. "To intercept mineralisation of this tenure within a first pass aircore drilling across three consecutive 400m spaced lines is a significant early-stage success, which should not be understated. We are also observing very similar geology associated with mineralisation across all three lines, suggesting we may be dealing with a single continuous mineralised structure," YRL MD Chris Oorschot said. "The current aircore program is testing the full length of the Arrakis Prospect; there is ample opportunity for further positive results ahead of us as the company continues its pursuit of a large-scale gold discovery within the Yandal Greenstone Belt."
Yahoo
10-07-2025
- Business
- Yahoo
Uranium Royalty (UROY) Falls Amid Declining Uranium Prices
The share price of Uranium Royalty Corp. (NASDAQ:UROY) fell by 5.6% between June 30 and July 8, 2025, putting it among the Energy Stocks that Lost the Most This Week. A close-up of a uranium mining site, the hardworking miners working underground to extract uranium resources. Uranium Royalty Corp. (NASDAQ:UROY) is a pure-play uranium royalty company focused on gaining exposure to uranium prices by making strategic investments in uranium interests. Uranium Royalty Corp. (NASDAQ:UROY) fell this week following a downturn in the price of uranium. Uranium futures in the US are hovering around the $74.5 per pound mark at the time of writing this piece, down 6% from the seven-month high of $79 touched on June 27, as the lack of fresh buying by holding funds allowed utilities to set lower bids. The price of the nuclear fuel shot up last month following an announcement by the Toronto-based asset manager Sprott that its Sprott Physical Uranium Trust would spend $200 million to buy an estimated 2.6 million pounds of physical uranium. While we acknowledge the potential of UROY as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the . READ NEXT: 10 Best Nuclear Energy Stocks to Buy Right Now and The 5 Energy Stocks Billionaires are Quietly Piling Into Disclosure: None. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
News.com.au
02-07-2025
- Business
- News.com.au
Up, Up, Down, Down: Uranium's yellow glow and copper rally define June for metals
Uranium leads the winners as Sprott buying return sends spot prices flying Coal, copper, rare earths among the quiet achievers Gold flat as safe haven demand dissipates, but prices remain near all-time highs Up, Up, Down, Down provides a wrap of all the main commodities ASX companies are digging, including winners, losers, and WINNERS Uranium (Numerco) Price: US$78.75/lb % Change: +9.38% UP Sprott's return to the spot market for uranium has sent prices up 10% since mid-June. For each 200,000lb purchased by the asset manager's Sprott Physical Uranium Trust, Canaccord Genuity estimates U3O8 prices lift US25-75c. The World Bank has ended a long-running ban on providing funding for nuclear energy projects, opening the door to the development of small modular reactors in the developing world. It hasn't funded a nuclear power project since 1959, with a formal ban in place since 2013. DOWN Term prices have been stagnant at around US$80/lb for most of 2025. That's not enough to bring new sources of supply online, most of which need US$100/lb to justify capex. While it's a strong policy signal, doubts are emerging over the reality of Trump's dream to quadruple nuclear energy capacity in the US to 400GW by 2050. Copper UP LME copper stocks have fallen below 100,000t for the first time since August 2023, hitting 91,275t on June 27. More is now held in the US though, prompting Goldman to suggest prices will hit US$10,050/t before retreating to US$10,000/t if Trump levies copper tariffs. Antofagasta will supply copper to Chinese smelters at no charge in 2026, as competition for concentrate ramps up. Spot charges are even worse for smelters at ~-$40/t. DOWN First Quantum has begun shipments of copper concentrate to Europe's Aurubis smelter, according to Bloomberg, from its Cobre Panama mine. The project's closure in 2023 – cutting ~1.5% of global supply – led to a surge in copper prices as supply tightened. Supply from South America is recovering, with copper production up 9.4% YoY to 486,574t from top producer Chile in May. READ Copper's flying under the radar, but long-term thinkers are betting on the red metal Coal (Newcastle 6000 kcal) Price: US$109.90/t % Change: +6.39% UP Coal use in the US power grid has been resurgent this year, with higher gas prices encouraging switching to the cheaper, dirtier fossil fuel. The longer term outlook for the commodity looks brighter if the policy platform of US President Donald Trump holds, after he labelled the fuel 'beautiful clean coal'. Analysts have been scaling back coking coal forecasts, but lower prices suggest more supply could come out of the market, boosting hopes of a sharp recovery. DOWN A tax credit for met coal producers in the US, after it was assigned by the Trump Administration as a critical mineral, could accelerate steelmaking coal production there and bring additional, subsidised, supply into the market. Imports of both coking and thermal coal in China could be cut by as much as 100Mt in 2025, according to China Coal Transportation and Distribution Association vice president Xuegang Li, after hitting a record high of 542.7Mt in 2024. Thermal coal has rebounded from recent lows. Pic: Trading Economics Rare Earths (NdPr Oxide) Price: US$61.88/kg % Change: +1.81% UP Rare earths demand could improve with the Chinese Ministry of Commerce starting to issue export controls for companies hoping to supply the West. The limits on the export of seven medium and heavy rare earths were issued in response to Trump Administration tariffs. Iron ore (SGX Futures) Price: US$94.02/t % Change: +0.42% UP According to Commbank's Vivek Dhar, it would take a drop of 6-7% in Chinese steel production to support an iron ore price below US$90/t. It hasn't fallen more than 3% since at least 1990. Majors continue to invest in new developments, with Rio Tinto opening its Western Range mine in June before approving the Hope Downs 2 development with Hancock Prospecting and gaining environmental approval for the West Angelas mine. All up its replacement mines in the Pilbara will cost US$13bn to develop. DOWN Canberra's lead forecaster, the Office of the Chief Economist has revised down its forecast for Aussie iron ore earnings by $1bn for 2024-25 to $115.7bn, $8.3bn in 2025-26 to $104.8bn and $6.5bn in 2026-27 to $96.5bn. That is being led by lower price forecasts, tipped to fall to US$83/t in 2025, US$76/t in 2026 and US$74/t in 2027, levels not seen since 2019. LOSERS Gold Price: US$3277.50/oz % Change: 0.00% UP The World Gold Council's latest survey of central banks show a record 95% of the world's sovereign bankers expect governments to hoover up more gold in 2025. As gold rises so to are metals linked to the historic store of wealth. Bargain hunters have lifted silver to ~US$36/oz and platinum to an 11-year high of US$1400/oz as jewellers and investors look for alternatives to premium priced bullion. DOWN The role of geopolitical risk in inflating the price of gold was on full display, as the metal swung wildly around developments in the Israel-Iran War. What happens if conflicts in Ukraine and Gaza can be brought to a halt? Citi became the first major bank to cut its 2025 price target for gold from US$3500/oz to US$3300/oz, pointing to potential declines to US$2500-2700/oz in the second half of 2026. Strong US economic growth expectations and sliding safe haven demand are both in play. READ Gold Digger: Central banks want EVEN MORE GOLD as boom goes on Lithium (Fastmarkets Carbonate CIF China, Japan and Korea) Price: US$8100/t % Change: -0.61% UP The market may be trawling along the bottom still, but analysts are starting to bet on a brighter future. Argonaut thinks 6% Li2O spodumene prices could hit US$1500/t next year, well above current levels in the low US$600s. Institutional investors and insiders are betting on a price recovery, with a survey showing lithium remains the most exciting commodity market outside gold for strategic investors. DOWN China could grab the largest share of the market in mining lithium raw materials next year, giving the world's top refiner more control over the supply chain. Benchmark Mineral Intelligence's latest lithium forecast shows chemicals remain in a 72,000t surplus despite spodumene shortages, with the downstream market keeping a lid on prices for hard rock miners. OTHER METALS Prices correct as of June 30, 2025. Due to low news flow nickel has been taken out of the main commodity list. Nickel Price: US$15,215/t %: -0.14% Silver Price: US$35.98/oz %: +8.77% Tin Price: US$33,716/t %: +10.89% Zinc Price: US$2851.5/t %: +8.84% Cobalt Price: $US33,335/t %: -1.08% Aluminium Price: $2597.50/t %: +6.28% Lead Price: $2045/t %: +4.44% Graphite Price: US$415/t %: - 1.19%
