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Mining

Lumber Prices Ease After Eight-Month High as Tariff Uncertainty and Housing Affordability Concerns Cloud the Outlook

Lumber prices eased to around $624 per thousand board feet after briefly touching near an eight-month high on June 22, driven by anxiety over escalating Canadian softwood import costs and tightening supply conditions.

Vinay Lochav | 26 June 2026

Thermal Coal Retreats from Three-Year Highs as US-Iran Peace Deal Reopens Strait of Hormuz and Eases Fuel-Switching Demand

Thermal coal futures fell below $145 per ton, pulling back from near three-year highs as the US-Iran peace agreement reopened the Strait of Hormuz and reduced the energy supply disruption that had driven Asian and European importers toward coal as an LNG substitute.

Vinay Lochav | 26 June 2026

HRC Steel Rises 33% Year-on-Year Despite Daily Dip — What Is Driving the Structural Price Surge?

Hot-rolled coil steel fell 1.33% to $1,182.04 per ton on June 26, 2026, but remains dramatically elevated — up 33.87% year-on-year — reflecting deep structural supply and demand shifts that have reshaped global flat steel markets over the past twelve months.

Vinay Lochav | 26 June 2026

Gold Falls to Around $3,000 an Ounce as Fed Rate Hike Bets Overwhelm Safe-Haven Demand

Gold slipped to approximately $3,000 per ounce on Friday, tracking a roughly 5% weekly loss as hawkish Federal Reserve signals and a stronger dollar suppressed demand for the non-yielding precious metal.

Vinay Lochav | 26 June 2026

I-80 Gold (TSX: IAUX) (NYSE American: IAU) Appoints Ex-Newmont Executive Stephen Gottesfeld to Board

I-80 Gold (TSX: IAUX) (NYSE American: IAU) shareholders approved the appointment of Stephen Gottesfeld to its board at the 2026 annual meeting, replacing long-serving director John Seaman. Gottesfeld’s addition reflects the company’s focus on strengthening governance and sustainability frameworks as it advances its multi-asset …

Nitish Kishor | 25 June 2026

Rare Earths Americas (NYSEAMERICAN:REA) Falls More Than 9% as Critical Minerals Trade Softens

• Rare Earths Americas fell more than 9% to close at $15.09 on June 24 with no company-specific announcement.

Nitish Kishor | 25 June 2026

Silver Bow Mining (NYSEAMERICAN:SBMT) Falls Nearly 15% as Precious Metals Sell Off Broadly

• Silver Bow Mining fell nearly 15% to close at $6.19 on June 24 with no company-specific negative catalyst.

Nitish Kishor | 25 June 2026

Nexa Resources (NYSE:NEXA) Falls More Than 9% as Zinc Prices and Dollar Weigh on Metals

• Nexa Resources fell more than 9% to close at $12.34 on June 24 with no company-specific negative development.

Nitish Kishor | 25 June 2026
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