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World Copper CEO Gord Neal needs partners to advance Zonia Copper project, Arizona

ByVictoria

“The next phase of getting (Zonia) into production is a bankable feasibility study so you can fund it. A bankable feasibility study is going to cost $5 million to $7 million, and we don’t have that right now,” Neal said.

“The plan is to get it there, but we’re going to need partners to help us get it there. So that’s why (we’re doing) the strategic review, and it looks like we’ll have an announcement in the next few weeks on one of these opportunities.”

Source – Investing News Network (full interview video with CEO Gord Neal)

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    Gold prices rise, fears of trade war

    ByVictoria
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    “Gold is still benefiting from investors looking for safe-haven assets amid concerns of a tariffs and trade war,” UBS analyst Giovanni Staunovo said.

    “We continue to see upside for gold, with the yellow metal expected to rise to $3,000, benefiting also from ongoing central bank demand.”

    Spot silver rose 0.3% to $32.24 an ounce after hitting its highest level since October 31 on Friday.

    Platinum gained 0.1% to $980.43, and palladium climbed 1.9% to $978.25.

    Source – Reuters

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    2025 Kennedy halves will go on sale in May

    ByVictoria
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    Circulation finish 2025-P and 2025-D Kennedy half dollars in bags and rolls are scheduled to go on sale from the United States Mint at noon Eastern Time May 6.

    The mixed 200-coin canvas mini-bags comprise 100 coins each produced at the Denver and Philadelphia Mints.

    The $100 face value bags are priced at $154.50 per bag, with a maximum release of 11,550 bags and a household-order limit of 10 bags.

    Source – Coin World

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    HSBC on gold prices

    ByVictoria
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    HSBC raised its 2025 average gold price forecast to $3,215 an ounce from $3,015 and its 2026 forecast to $3,125 from $2,915, citing elevated risks and government debt.

    “We anticipate a wide and volatile trading range of $3,600-3,100/oz for the rest of the year and year-end prices of $3,175/oz for 2025 and $3,025/oz for 2026,” the bank said in a note on Tuesday.

    Source – Reuters

    HSBC – is a British universal bank and financial services group headquartered in London, England.

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    Gold rally similar to 45 years ago

    ByVictoria
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    With tensions running high between historic allies over U.S. tariffs, global trade, and wars in Ukraine and the Middle East, big powers look unlikely to pull together swiftly this time to resolve the issues driving interest in bullion as a haven from risk, analysts say.

    The metal’s surge above $3,000 an ounce, driven most recently by U.S. President Donald Trump’s new round of tariffs on trading partners, has been the first time in a long time that geopolitics and economic uncertainty have served as the top factors moving the gold market, HSBC analyst James Steel said.

    While the market has this year conquered a series of milestones, one more remains. StoneX analyst Rhona O’Connell noted that gold peaked at $850 in January of 1980, which in dollar terms would equate to $3,486 today.

    Source – Reuters

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    $3,000/oz milestone in sight for Gold

    ByVictoria
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    U.S. President Donald Trump’s latest tariff threats have ignited another gold rush, propelling the safe-haven metal to new heights and bringing the glittering $3,000 milestone into view.

    Spot gold climbed to a record $2,911.30 a troy ounce on Monday – its seventh record peak to date in 2025. Prices are already up nearly 11% so far this year after a staggering 27% gain in 2024.

    “Gold is very clearly targeting the $3,000 level and the market is incredibly strong, almost relentless. Now its only a question of when it will scale the level and not if it will,” independent analyst Ross Norman said.

    Source – Reuters

    More Info!

    Scaling to level – In finance, is the ability of an organization to perform well under and increasing or expanding workload.