Gold miners’ Q1 2024 fundamentals

The tension between demand and supply, coming as capital costs at mines rise while copper prices are slower to catch up, leads to significant price projections and concerns over the metal's availability.

Bloomberg analyst says that investors find gold to be a better hedge against geopolitical risk than government bonds.

Tin is now up by 27% since the start of the year.

The world's largest iron ore consumer brought in 100.72 million metric tons month.

Futures on the London Metal Exchange have risen more than 12% so far this year.

The latest US inflation reading offered some calm to markets a day after a hot price reading curbed bets.

Prices for the metal have rallied more than 13% over the past two weeks amid the threat of reduced output from refiners.

Given its pricing and shipping costs, analysts with Wells Fargo wrote that it's likely a "very low-profit business at best."

Vulcan Energy has gained nearly 40% this week after announcing its first viable output using direct-extraction technology.