Warsh's Remarks Are Sinking Mining Stocks: Here's Why
Silver and gold miners fell hardest after Kevin Warsh signaled a strong commitment against inflation. First Majestic Silver dropped 5%.
Read original at benzingaEconomy · News reference
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Silver and gold miners fell hardest after Kevin Warsh signaled a strong commitment against inflation. First Majestic Silver dropped 5%.
Read original at benzingaSilver prices have rebounded from a recent low of $56 to over $64 per ounce, driven by continued AI data center demand despite earlier investor skepticism. Major tech companies are maintaining their data center spending plans, and silver producer stocks have surged in August. The article recommends silver investments through both producer stocks and ETFs.
Read original at the-motley-foolCygnus Metals announced positive exploration results from its Chibougamau copper-gold project in Quebec. At Copper Rand, drilling returned 20.3m at 4.2 g/t AuEq, while at Gwillim, all nine drill holes intersected gold mineralization with highlights including 13.5m at 8.0 g/t Au. The company is advancing three deposits within 3km of a centralized processing facility with combined resources of 545 koz AuEq (indicated and inferred).
Read original at globenewswire-inc