⛏️ Gold Rally Falters

PLUS: Wide Intercepts Confirmed

👷‍♀️ Greetings, Contrarian!

This is The Next Big Rush, your daily drop of mining and energy investing news. Where we come together and try a new ramen flavor. 🍜

📝 Here are the highlights

🧐 Gold Rally Falters

👏 Wide Intercepts Confirmed

🐦 Uranium Supply Abyss

📌 Daily Commodity Prices

Source: TradingEconomics and Numerco.

🧐 Gold Rally Falters

Gold prices fell sharply today, with spot gold dropping about 2%, about US$4,546.45, to its lowest level in more than a week as rising U.S. Treasury yields and a stronger U.S. dollar reduced demand for safe-haven assets.

Markets were pressured by inflation fears linked to surging oil prices and ongoing Middle East tensions, while investors also focused on the Trump-Xi meeting and expectations that interest rates could stay higher for longer.

👏 Wide Intercepts Confirmed

Koryx Copper (KRY.V) reported drilling results at the Haib Copper Project, Southern Namibia.

Highlights:

  • 150 metres at 0.45% CuEq, including:

    • 28 metres at 0.67% CuEq.

  • 144 metres at 0.36% CuEq, including:

    • 84 metres at 0.33% CuEq.

  • 132 metres at 0.41% CuEq, including:

    • 18 metres at 0.53% CuEq.

The results confirm broad, continuous copper mineralisation with consistent grades and internal higher-grade zones, supported by molybdenum and minor gold credits.

📰 In Other News

🐦 Uranium Supply Abyss

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The Editor

DISCLAIMER: None of this is financial advice. This newsletter is strictly educational and is not investment advice or a solicitation to buy or sell any assets or to make any financial decisions. Please be careful and do your own research.

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