Raised silver output hikes up Minefinders Q4 profit

The possibility of both silver and gold being caught up in the sweeping tariff measures has whipsawed the market in recent weeks.

Premiums for gold traded on the US-based Comex over the London spot market halved following the news report, to around $20 an ounce.

The contained copper in indicated category increased 16% over the 2019 resource estimate.

Gold stocks in COMEX-approved warehouses have jumped by one-third in the past six weeks.