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Frik Els

Vancouver
As seen in: Mining, Vancouver is Awesome, Times Colonist, Business in Vancouver (BIV), North Shore News, The Prince George Citizen, Pique NewsMagazine, RealClear Energy, Squamish Chief, The Northern Miner, Electric Autonomy and
Head of Adamas Inside | Editor at Large: MINING.COM
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Articles

Copper price pulls back from record territory as war jitters trump earnings beats

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By Frik Els
| Mining Verified
Copper fell with the rest of the metals complex on Thursday as the deepening US-Iran conflict rattled markets, overshadowing a run of supportive news for the red metal, from blowout quarterly results at Teck Resources and Freeport-McMoRan to fresh progress toward a restart of the shuttered Cobre Panama mine. Comex copper for September delivery declined as much as 2.5% to $6.33 a pound, and was trading at $6.34, down 2.4%, as of 11:45 a.m. in New York.
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Gold price retreats from two-week high as oil nears $100, silver down 4%

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By Frik Els
| Mining Verified
Gold and silver fell sharply on Thursday as a fresh escalation in the Middle East war pushed oil prices toward $100 a barrel, hardening bets that the Federal Reserve will resume raising interest rates as soon as next week. Comex gold for August delivery fell as much as 2.6% to $4,042.50 an ounce on Thursday morning, and was trading at $4,050.80, down 2.4%, as of 11:45 a.m. in New York.
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Lithium sinks to five-month low amid 2027 glut fears

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By Frik Els
| The Northern Miner Verified
Lithium futures in China sank to a five-month low on Tuesday as expectations that a wave of restarted mines will tip the market back into oversupply next year overshadowed strong near-term demand from the electric vehicle and energy storage sectors.
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