👷‍♀️ Greetings Contrarian!

This is The Next Big Rush, your daily drop of mining and energy investing news. Where we come together and gas up the car. ⛽🚘

📝 Here are the highlights

👏 Cármenes Gold

😎 Trump Effect

🐦 Nuclear Power Revival

📌 Daily Commodity Prices

👏 Cármenes Gold

Pan Global Resources Inc. (TSXV: PGZ; OTCQB: PGZFF; FRA: 2EU) reported near-surface gold results from the first drill hole at its maiden drill campaign at the 100%-owned Cármenes Project, northern Spain.

Highlights:

• 46.0 metres of 1.08 g/t gold from 24.0 metres downhole, including

• 4.0 metres of 6.27 g/t gold and 0.25 g/t Pt+Pd from 66.0 metres.

Drilling has resumed at the flagship Escacena Project in southern Spain, while the initial gold discovery at Cármenes points to the potential for a significant new district-scale system alongside historic copper-rich breccia pipes.

😎 Trump Effect

Gold prices rebounded over 1% today to $3,239.18 per ounce, driven by a weaker U.S. dollar and renewed safe-haven demand after Moody’s downgraded the U.S. credit rating because of its soaring $36 trillion debt.

The dollar’s 0.7% drop made gold more attractive to overseas buyers, while soft economic data from China also fueled risk aversion and lingering U.S. trade tensions.

Analysts see room for gold to reach new all-time highs, with Goldman Sachs maintaining a forecast of $3,700/oz by year-end and $4,000/oz by mid-2026.

📰 In Other News

🐦 Nuclear Power Revival

Happy Speculating!

The Editor

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