👷‍♀️ Greetings Contrarian!

This is The Next Big Rush, your daily drop of mining and energy investing news. Where we come together and go for walks with the family on the farm. 🐔🐮🐷

📝 Here are the highlights

🤩 Glenburgh Gold

🧐 Gold Rally Pauses

🐦 Trump’s Uranium Ultimatum

📌 Daily Commodity Prices

🤩 Glenburgh Gold

Benz Mining Corp (TSXV: BZ | ASX: BNZ) reported further RC drilling results from the Icon Prospect at its Glenburgh Gold Project in Western Australia.

Highlights:

• 154 metres of 1.1 g/t gold from 76m downhole (including 5 metres of 22.0 g/t gold).

• 134 metres of 1.0 g/t gold from 66m downhole (including 44 metres of 2.2 g/t gold).

• 117 metres of 0.7 g/t gold from 107m downhole (including 38 metres of 1.1 g/t gold).

Drilling continues to define thick zones of gold mineralisation, all open at depth and ending in mineralisation. Results support a 400-metre-wide gold system linking Icon with the nearby Tuxedo deposit.

Two RC rigs are active, with further drilling fully funded by a recent A$13.5 million raise.

🧐 Gold Rally Pauses

Gold prices edged lower today, slipping 0.2% to $3,356.91/oz, as rising U.S. Treasury yields and investor profit-taking followed last week’s rally triggered by weak U.S. jobs data.

Despite the dip, U.S. gold futures rose 0.3% to $3,410.20. The market is seen as range-bound, with firmer yields, a rebound in stocks, and a stabilising dollar contributing to the pullback. Traders now see an 86% chance of a Fed rate cut in September, while Citi raised its 3-month gold forecast to $3,500/oz.

Stagflation risks and dovish policy expectations are keeping gold sellers cautious, even as political and trade developments add to economic uncertainty.

📰 In Other News

🐦 Trump’s Uranium Ultimatum

Happy Speculating!

The Editor

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