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Hidden Valley copper mine life extended to mid-2040s

ByVictoria

Teck Resources (NYSE:TECK) said late Tuesday it received an environmental assessment certificate from the British Columbia provincial government to extend the life of the Highland Valley copper mine into the mid-2040s.

“This positive decision by the Government of B.C. will support extending the life of Canada’s largest copper mine, strengthening the North America critical minerals supply chain and contributing to jobs and economic activity,” Teck (TECK) President and CEO Jonathan Price said.

Source – Seeking Alpha

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    Superman silver Coins are available with subscription

    ByVictoria
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    The subscription option for ordering the first numismatic product in the U.S. Mint’s Comic Art Coin and Medal Program is open.

    The subscription option opened June 12 for just one item among  the first issues in the series depicting DC Comics superhero Superman.

    The Son of Krypton’s powerful debut includes a 1-ounce silver medal struck in .999 fine silver, a 2.5-ounce .999 silver medal, and a half-ounce .9999 fine gold $50 coin.

    Only the 1-ounce silver medal is available via subscription, priced at $135. Subscription orders are limited to five medals per household for the first 24 hours, and this order limit is subject to change.

    The Superman products will begin shipping in the fall.

    Source – Coin World

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    Investors fear, copper down

    ByVictoria
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    Looking for another sign of how nervous investors are about tariffs? Copper prices plummeted 7% Friday to about $4.50 a pound in New York. Copper has plunged nearly 15% since hitting a 2025 peak price of about $5.25 in late March. But copper is still up about 13% this year. That may not last much longer.

    Source – Barrons

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    2025-S American Women Quarters Proof set on sale late February

    ByVictoria
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    Quarter dollars in the set are produced at the San Francisco Mint and will feature reverse designs recognizing, in order of release, Ida B. Wells, a founder of the National Association for the Advancement of Colored People; Juliette Gordon Low, founder of the Girl Scouts of the United States of America; Dr. Vera Rubin, trailblazing astronomer; Stacey Park Milbern, disabilities rights advocate; and Althea Gibson, accomplished amateur tennis player and professional golfer.

    The clad composition comprises outer layers of an alloy of 75% copper and 25% nickel bonded to a core of pure copper.

    Source – Coin World

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    Gold and Silver : Experts predict 10% – 25% rally

    ByVictoria
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    “Given the current scenario, central banks are likely to continue diversifying their reserves with gold for financial and strategic reasons,” ICICI Securities stated in its report.

    Pankaj Pandey, Head of Research at ICICI Securities, noted, “We anticipate fresh investment demand for gold in 2025 as investors seek a store of value amidst trade war anxieties.”

    Silver is poised to outperform gold in 2025, supported by strong industrial demand from green energy applications, including photovoltaics and electric vehicle (EV) electrification, said ICICI.

    Source – Live Mint

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    Korea Zinc is struggling

    ByVictoria
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    Korea Zinc’s ambitious 10-year growth plan has stalled in its first year, derailed by an eight-month control battle with private equity firm MBK Partners, raising concerns about the company’s financial health and strategic direction.

    The world’s top non-ferrous metal smelter laid out its long-term vision in December 2023 during its first-ever investor day in Seoul, pledging to invest 11.9 trillion won ($8.8 billion) over the next decade in battery materials and other new businesses, with a target of 10% annual growth.

    The dispute has overshadowed hopes that Korea Zinc could benefit from U.S. President Donald Trump’s renewed tariff push and global supply chain realignment. “They’ve already wasted eight months,” said an industry source. “If this continues, the company may miss its window of opportunity.”

    Source – The Chosunilbo