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Commodities

Why is Pan American Silver lifting its stake in Galleon Gold?

Galleon's underwritten placement, led by ATB Cormark Capital Markets, included flow-through shares, which provide funding for eligible Canadian exploration expenditure, as well as ordinary common shares. The underwriters fully exercised their over-allotment option, and the offering was upsized from its original size before completion.

Sonal Goyal | 04 November 2026

Why are oil and Fed bets jolting gold as US votes are counted?

According to market commentary, gold rose strongly at the start of the week as softer oil prices revived hopes of a diplomatic breakthrough between Washington and Tehran. Lower energy costs eased concerns about inflation and, with them, some expectations of further monetary tightening.

Sonal Goyal | 04 November 2026

What is behind the split in global gold demand this quarter?

Official sector activity stood out in the quarter. The World Gold Council describedCentral Bankaccumulation as surprisingly strong, with demand well above typical recent quarters, lifting year-to-date official sector demand above the corresponding period last year.

Sonal Goyal | 04 November 2026

Why Is Rio Tinto (ASX:RIO) Backing a Pilbara Cane Toad Barrier?

Cane toads were introduced to Queensland many years ago in an attempt to control cane beetles and have since spread west across northern Australia. Reports this week indicated the invasion front is now not far from Broome, raising concern that the toads could soon …

Sonal Goyal | 04 November 2026

Why Is Surge Battery Metals Rebranding Around Nevada Lithium?

Surge said it intends to change its name to Lithium X2 Mining Inc., with shares expected to begin trading under the new name in the coming days, subject to regulatory approvals including acceptance by the TSX Venture Exchange. The company said a new trading …

Sonal Goyal | 04 November 2026

What Is Gold Mountain (ASX:GMN) Planning at Malhada do Angico?

Malhada do Angico sits within the Seridó Tungsten Province of north-eastern Brazil, a region with a long history of scheelite production. The mining application lies adjacent to Gold Mountain's existing Logradouro tenements in the south of Rio Grande do Norte state, close to the …

Sonal Goyal | 04 November 2026

Can Broken Hill Mines (ASX:BHM) and Iltani (ASX:ILT) add silver?

According to Shanghai Metals Market, the monthly decline in Chinese refined silver output reflected temporary rather than structural factors. Recycled silver production largely halted during the National Day holiday, while maintenance shutdowns in some copper smelting regions left certain plants without by-product silver. Lead …

Sonal Goyal | 04 November 2026

How Might Diatreme's (ASX:DRX) Silica Project Lift Queensland?

The Northern Silica Project is a proposed greenfield silica sand mine and processing operation north of Hope Vale and north of Cairns, within the Hope Vale Aboriginal Shire and Cook Shire areas. According to Queensland's Coordinator-General, the project is held by a Diatreme-controlled entity …

Sonal Goyal | 04 November 2026

What Is American Tungsten & Antimony's (ASX:AT4) New Engine?

The Del Sol Refinery in Amargosa Valley, Nevada, is an existing alkaline leach and electrowinning hydrometallurgical facility. American Tungsten & Antimony announced in July that it had agreed to acquire the refinery together with the White Spar antimony mine in Arizona, and the refineryAcquisitionwas …

Sonal Goyal | 04 November 2026

Is Ballymore (ASX:BMR) Finding a Silver Trend at Little Torpy's?

The Ruddygore Project lies adjacent to the township of Chillagoe, west of Cairns, in a district with a long history of base and precious metals mining. Torpy's is a historical silver, lead and zinc mine within the project area. Ballymore began the site's modern …

Sonal Goyal | 04 November 2026
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