Bullion Blog

Global tungsten concentrate producer Almonty Industries Inc. (AII:TSX; ALM:NASDAQ; AII:ASX; ALI1:Frankfurt) announced its financial results for the first quarter ending March 31, a release on May 11 said. The company celebrated a major milestone on March 17 with a formal commissioning ceremony at its Sangdong tungsten mine located in Gangwon Province, South Korea, an event that […]

On May 12, 2026, Analyst J. Marvin Wolff of Paradigm Capital reiterated a Buy rating and raised the price target to CA$41.50 from CA$31.00 on Neo Performance Materials Inc. (NEO:TSX; NOPMF:OTCMKTS), implying approximately 39% potential return (including dividend) from the May 12, 2026 closing price of CA$29.89, following strong Q1 results and an improved demand/pricing

<p>The dollar is getting smaller.&nbsp;</p> <p>It's not just that it's rapidly losing purchasing power. It's also losing status on the world stage.&nbsp;</p> <p>In this episode of the Midweek Memo podcast, host Mike Maharrey considers both aspects of the shrinking dollar and their ramifications. He breaks down the recent CPI data, noting that it tells only

<p>In July 2024, <a href="https://www.moneymetals.com/news/2024/07/23/india-slashes-import-tax-on-gold-and-silver-003332&quot;>India slashed its import tax on gold and silver</a> from 15 percent to 6 percent. This week, the Indian government reversed course, hiking the customs duty back to 15 percent.</p> <p>The 9 percent duty increase ranks as the largest on record.</p> <p>The duty on dor&eacute; (unrefined alloy generally containing 80 to

Centenario Gold Corp. (CTG:TSX.V) is focused on the acquisition, exploration, and development of high-potential mineral projects in the Americas, with a primary emphasis on gold, copper, and silver. The company is now initiating the first-phase work program on the Los Reyes project, a prospective copper and gold exploration asset located near the city of Chihuahua,

The value of gold reached its bottom in the late summer and early fall of 1999. Resource equities broadly, as gauged by the XAU, bottomed out in November of 2000. Silver plummeted to its lowest point in November 2001. As these benchmarks turned the corner, capital inflows into the sector surged between 2000 and 2008.

Irving Resources Inc. (IRV:CSE; IRVRF:OTCQX) announced assay results from its Omu Sinter epithermal gold-silver project, located near Omu, Hokkaido, Japan, according to a May 12 release. The company recently completed diamond drilling revealing potential feeder style hot spring mineralization extending along the eastern part of the sinter terrace, the release said. During a civil engineering

VR Resources Ltd. (VRR:TSX.V) announced in a May 7, 2026, news release the commencement of a drill program at its New Boston moly-tungsten-copper-silver porphyry project in Nevada, USA. The company plans to complete approximately 1,500 meters of drilling in 2-3 holes in order to test the new IP and conductivity geophysical anomalies at Jeep Mine,

Goliath Resources Ltd. (GOT:TSX.V; GOTRF:OTCQX; B4IF:FSE) announced the appointment of Alan Edwards to its advisory board as the company prepares to advance and expand its Surebet Gold Discovery at the Golddigger Project in British Columbia’s Golden Triangle. The company stated that mobilization is expected within weeks for a fully funded, approximately 50,000-meter drill program in

On May 8, 2026, Aben Gold Corp. (ABM:TSXV; ABNAF:OTCQB) announced the details of its upcoming 2026 exploration program at the 100%-owned Justin gold-tungsten project. This project is located in southeastern Yukon within the renowned Tombstone gold belt and covers roughly 7,400 hectares of land. Field activities are expected to commence in mid-July, aiming to “. .

On May 12, 2026, Neo Performance Materials Inc. (NEO:TSX; NOPMF:OTCMKTS) released its Q1 2026 financial results. All financial statements are available on the company website, but highlights include: Revenue for Q1 2026 was CA$155.0 million, compared to CA$121.6 million for Q1 2025. Operating income for Q1 2026 was CA$26.6 million, compared to CA$9.6 million for Q1 2025.

Apollo Silver Corp. (APGO:TSX.V; APGOF:OTCQB) announced on May 11, 2026, the results of its ground geological mapping and sampling program at the Calico Silver project in San Bernardino County, California. The program ultimately identified multiple mineralized occurrences returning assays with highly anomalous silver, gold, barite, and zinc values. Two of the activities were infill rock sampling

American Pacific Mining Corp. (USGD:CSE; USGDF:OTC) has started a field reconnaissance and surface sampling program at its Ziggurat gold project located in Nye County, Nevada, according to a May 11 release. The program is aimed at enhancing the company’s understanding of key target areas and broadening the surface geochemical data across the project. The field

<p>No matter how you slice the data, it keeps coming up inflation.</p> <div x-data=" item_id: undefined, view: null " x-html="view || 'Product-Random-Featured'" x-init="view = await (await fetch('/shortcodes/product/random/featured?category=all')).text()">!!–Product-Random-Featured-All–!!</div> <p>The April CPI data did nothing to allay fears of renewed inflationary pressure as rising energy prices continued to impact the economy.</p> <p>On a monthly basis, the CPI

<p>Are we in the early stages of a fundamental shift in global monetary history?</p> <p>Analysts at Deutsche Bank Research Institute think we are. They see a future where the dollar plays a much smaller role.</p> <p>As the USSR&rsquo;s empire crumbled, Francis Fukuyama proclaimed that humanity had reached &ldquo;the end of history.&rdquo; The U.S. was the

Lake Victoria Gold Ltd. (LVG:TSX; LVGLF:OTCQB; E1K:FSE) announced it has completed the initial tranche of its non-brokered private placement announced in April and raised CA$3,534,200 through the issuance of unsecured convertible debentures, according to a May 11 release. LVG plans to conduct a subsequent tranche to bring the total raised to approximately CA$3.8 million, the

I used the phrase “Shades of ’99” as the title for this, the May 8 weekly edition of the GGM Advisory newsletter, because, although it was 25 years ago, the famous phrase about history never repeating but often rhyming holds fast and true. Back in the day, long before computerized trading or the current version of high-frequency

Scorpio Gold Corp. (SGN:TSX.V) reported assay results from two step-out holes in the Phase Two drill program at its Manhattan District Project in Nevada, USA, including new mineralization identified at the Black Mammoth target area. Hole 26MN-069 returned 0.62 g/t gold over 62.21 meters from 230.43 meters, including 3.17 g/t gold over 4.94 meters from

<p><strong>What is silver bullion</strong>? The answer is straightforward: silver bullion is physical silver valued primarily for its weight and purity. Investors buy these assets for their metal purity, not for their rarity or design.</p> <p>In practice, though, the definition may not always be so clear. There are plenty of products marketed as &ldquo;silver&rdquo; that carry

<p>Something very interesting is happening in the metals and mining market right now.</p> <p>As you know, the winds of war have been driving every asset market. Stocks, bonds, and commodities (including gold and silver) have risen along with hopes for peace, while oil and the dollar have fallen when those hopes emerge.</p> <div x-data=" item_id:

<p>Silver surged to record highs last year, peaking at $84 in December, before climbing as high as $110 early this year.</p> <p>What caused this extraordinary bull run?</p> <p>As the Silver Institute explains in its latest edition of silver news, it was a combination of factors, including tight liquidity and growing investor interest.</p> <div x-data=" item_id:

<p>The inflation dragon is alive and well.</p> <p>Last November, Donald Trump called himself &ldquo;<a href="https://truthsocial.com/@realDonaldTrump/posts/115633174669225455&quot; target="_blank" rel="noopener">the affordability president</a>.&rdquo; &nbsp;However, it appears that the message is falling flat with your average American.</p> <p>Based on <a href="https://news.gallup.com/poll/708905/affordability-dominates-americans-financial-worries.aspx&quot; target="_blank" rel="noopener">a recent Gallup poll</a>, affordability tops the list of Americans&rsquo; most pressing financial problems. In total, 65 percent

<p><span style="font-weight: 400;">In a detailed interview on the Money Metals Podcast, host Mike Maharrey spoke with Rhona O&rsquo;Connell, </span><a href="https://www.stonex.com/en/market-experts/rhona-o-connell/&quot; target="_blank" rel="noopener"><span style="font-weight: 400;">Head of Market Analysis at StoneX</span></a><span style="font-weight: 400;">, about the forces driving gold and silver markets in 2026.&nbsp;</span></p> <p><span style="font-weight: 400;">Drawing on </span><a href="https://www.youtube.com/playlist?list=PLseYUvaoguNgZ1uZ8iOzlxmmoe4AxgMut&quot; target="_blank" rel="noopener"><span style="font-weight: 400;">more than 40 years of

Agnico Eagle Mines Ltd. (AEM:TSX; AEM:NYSE) is consolidating its position in the Central Lapland region of Finland with three related transactions. It acquired Rupert, whose Ikkari gold deposit is at the pre-feasibility stage and likely the next major mine in Finland. It also acquired Aurion Resources Ltd. (AU:TSX.V) and B2Gold Corp.’s (BTG:NYSE; BTO:TSX; B2G:NSX) interest

Sun Peak Metals Corp. (PEAK:TSXV; SUNPF:OTCQB) announced that it has commenced its inaugural diamond drill program at the 100%-owned Safra project in Saudi Arabia. The company said the Safra project, which includes Safra Main, Safra East, and Safra South, is a high-priority volcanogenic massive sulphide target located within the Arabian-Nubian Shield. According to the company,

GoGold Resources Inc. (GGD:TSX; GLGDF:OTCQX) reported record financial results for the quarter ending March 31, 2026, including record quarterly operating cash flow of US$21.2 million on revenue of US$30.3 million from the sale of 383,695 silver equivalent ounces. The company reported net income of US$16.4 million for the quarter and cash holdings of US$262.2 million.

Eloro Resources Ltd. (ELO:TSX; ELRRF:OTCQX; P2QM:FSE) announced the launch of its expansion drilling program at the Iska Iska Project in Southern Bolivia, where it aims to enhance and enlarge the high-grade Silver-Tin (Ag-Sn)-Polymetallic mineralization, a May 7 release noted. The company has engaged Major Drilling Group International Inc. to mobilize two diamond drill rigs to the

Orestone Mining Corp. (ORS:TSXV; ORESF; OTC; O2R2:FSE) announced initial assay results from the Phase 1 exploration program in the Francisca Gold project in Salta Province, Argentina, on May 7, 2026. The program has included resampling of existing areas to confirm historical data. At the South Gold zone, mapping indicated a stockwork width from 40-70 meters,

White Gold Corp. (WGO:TSX.V; WHGOF:OTCQX; 29W:FRA) announced that it has entered into an arrangement agreement with W2 Critical Minerals Corp., a wholly owned subsidiary of the company, to complete a spin-out of its critical mineral assets into a standalone entity. According to the May 5 company news release, the spin-out will transfer White Gold’s portfolio

Tier One Silver Inc. (TSLV:TSXV; TSLVF:OTCQB) is an exploration company focused on the discovery of world-class silver, gold, and copper deposits in South America. The company is focused on its flagship exploration project, Curibaya, and announces (April 21) key assay results from the first four of eight drill holes from its Phase 2 diamond drill

NexGold Mining Corp. (NEXG:TSX.V; NXGCF:OTCQX; TRC1:FSE) reported additional results from its ongoing diamond drilling program at the Goliath Gold Complex in Ontario, which includes the Goliath, Goldlund, and Miller deposits. The company stated that approximately 18,000 meters of the planned 25,000-meter program had been completed, with the current drilling focused on the Goldlund Deposit. According

Golden Cariboo Resources Ltd. (GCC:CSE; GCCFF:OTC; A402CQ:WKN; 3TZ:FSE) announced it has intersected 0.41 grams per tonne (g/t) over a stretch of 364.98 meters in drill hole QGQ25-28 at its Quesnelle Gold Quartz Mine Property in British Columbia, according to a release on May 5. The company said the finding has expanded the northern boundary of

Newcore Gold Ltd (NCAU:TSXV; NCAUF:OTCQX) announced additional drill results from the 60,000-meter drill program underway at the Enchi Gold Project in Ghana. The results were from diamond drilling completed at the Boin Gold Deposit, where drilling intersected wide zones of gold mineralization in the fresh mineral horizon below the limits of the pits that constrain

<p>Welcome to this week&rsquo;s Market Wrap Podcast, I&rsquo;m Mike Gleason.</p> <p>Coming up don&rsquo;t miss an incredibly informative interview with Rhona O&rsquo;Connell, Head of Market Analysis with StoneX Financial &ndash; a global leader when it comes to financial services, commercial hedging, foreign exchange and physical commodities. Rhona has over 40 years of experience as a commodities

<p>Mozambique officials are considering converting $1.4 billion in debt it owes China into yuan loans as part of a debt restructuring plan.</p> <p>This is yet another sign of ongoing <a href="https://www.moneymetals.com/news/2025/03/11/de-dollarization-gold-and-a-shift-to-a-multipolar-world-003898&quot;>de-dollarization</a>.</p> <p>A spokesperson from the country&rsquo;s finance ministry hinted that the Chinese suggested the move.</p> <blockquote> <p>&ldquo;In this specific case, it was a valid possibility

Getchell Gold Corp. (GTCH:CSE; GGLDF:OTCQB) announced an updated Mineral Resource Estimate (MRE) for its Fondaway Canyon gold project located in Churchill County, Nevada, on April 30, 2026. Encapsulating both open put and underground mining, highlights of the MRE include: 21% Mineral Resource Estimate growth resulting from the addition of only 10 drill holes (3,400m

Zodiac Gold Inc. (ZAU:TSX.V; ZAU:XFRA; ZAUIF:OTCQB) announced the commencement of a drone survey of its Arthington-Youth Camp trend on May 4, 2026. The company will complete a high-resolution drone magnetic and LiDAR survey as a key step in advancing its 2026 exploration of the Todi Gold Project. The company said, “The 47.8km² survey will be flown

Lake Victoria Gold Ltd. (LVG:TSX; LVGLF:OTCQB; E1K:FSE) announced it is advancing its fully permitted Imwelo Gold Project toward development with drill rigs mobilizing to site ahead of a targeted sterilization drilling program scheduled to start next week, according to a May 6 release. The drilling is a crucial component of the pre-construction phase, aimed at

Canary Gold Corp. (BRAZ:CSE; CNYGF:OTC; K5D:FSE) shared an update on its exploration activities at the Madeira River Project in Rondônia, Brazil, in a May 6 release. The company recently received analytical results from the first 33 screw auger drill holes, part of its inaugural exploration program, the release noted. To date, Canary Gold has completed

Sun Summit Minerals Corp. (SMN:TSX.V; SMREF:OTCQB) reported plans for its 2026 exploration drill program at the JD Project in the Toodoggone Mining District in north-central British Columbia. According to the company, drilling is scheduled to begin in early June with more than 10,000 meters planned across the Creek and Finn zones. The company stated that

Torr Metals Inc. (TMET:TSX.V) announced the completion of its 2026 surface geochemical sampling program at the Bertha–Bertha North and Kova target areas, two of four interpreted porphyry centers within the company’s expansive 332-square-kilometer Kolos Copper-Gold Project in British Columbia, according to a May 6 release. The program was a continuation of Torr’s initial Phase I

Metallic Minerals Corp. (MMG:TSX.V; MMNGF:OTC) announced it has entered into an option agreement with Argyle Resources Corp. (ARGL: TSX.V) to allow Argyle to acquire a 100% interest in Metallic’s McKay Hill property, which is strategically located 50 kilometers north of the Keno Hill Silver District in Yukon, according to a release on May 7. The

Avrupa Minerals Ltd. (AVU:TSX.V; AVPMF:OTC; 8AM:FSE) is a European-focused junior exploration and development company operating under a hybrid project generator model. The company maintains a portfolio of projects across Portugal, Finland, and Kosovo, with exploration primarily targeting volcanogenic massive sulphide (VMS) systems associated with copper and zinc mineralization, often with gold and silver by-products. Potential

<p>&ldquo;In assay&rdquo; means a gold or silver bar that has been tested for purity and sealed in certified packaging by a refiner. The assay confirms weight and fineness, while the sealed card ensures authenticity and protects the metal for resale.</p> <p>When a bar is sold in &ldquo;in assay,&rdquo; it comes in a tamper-evident package. This

<p>Gold demand was up 2 percent year-on-year in the first quarter, setting a record in value terms.</p> <p>Including over-the-counter (OTC) selling, gold demand came in at 1,231 tonnes. Volume growth, coupled with the surging gold price, drove a 74 percent jump in the value of Q1 demand to a record of $193 billion.</p> <p>Investment demand

<p>Government red tape is creating havoc in India&rsquo;s gold market.</p> <p>For the last five weeks, gold imports have virtually stopped. According to the Economic Times of India, this is pushing domestic gold prices higher and threatening shortages in the world&rsquo;s second-largest gold market.</p> <p>The gold price premium in India surged above $20 last week, signaling

<p>After going negative in March after the outbreak of hostilities between the U.S. and Iran, flows of gold into ETFs flipped positive again in April, with all regions reporting inflows of metal. &nbsp;</p> <p>Net global ETF gold holdings increased by 45 tonnes, totaling $6.6 billion last month. That pushed total ETF gold reserves to 4,137

<p><span style="font-weight: 400;">In this episode of the </span><i><span style="font-weight: 400;">Money Metals Midweek Memo</span></i><span style="font-weight: 400;">, host Mike Maharrey reflects on a recent trip to </span><a href="https://www.moneymetals.com/silver-gold-storage&quot;><span style="font-weight: 400;">Money Metals&rsquo; main facility and bullion depository in Eagle, Idaho</span></a><span style="font-weight: 400;">.</span></p> <p><span style="font-weight: 400;">The visit was technically a work trip. Maharrey said the team filmed well over

ESGold Corp. (ESAU:CSE; ESAUF:OTCQB; Z7D:FSE) announced on May 5 that it entered into binding purchase agreements to acquire 44 additional mineral claims totaling approximately 2,448 hectares in the Montauban region of Québec. According to the company, the acquisitions expand its contiguous land position surrounding the Montauban Gold-Silver Project. The company stated that it agreed to

On May 5, 2026, Scorpio Gold Corp. (SGN:TSX.V) announced results from two step-out holes of its Phase 2 drill campaign at the Manhattan District Project in Nevada, USA. The program has so far explored 76 holes (25MN-011 through 25MN-045, 26MN-046 through 26MN-068), with total exploration length hitting just under 22,000 meters. With the following results