Minera Alamos has announced a positive pre-feasibility study for the Copperstone Gold Project. Magna Mining has reported Q1 2026 operating and financial results from the McCreedy West mine. Paramount Gold Nevada has released an updated feasibility study for the Grassy Mountain Gold Project. Exploration updates from Scorpio Gold, Andina Copper, Tocvan Ventures and American Pacific Mining. This episode of Mining Stock Daily is brought to you by... ⁠⁠⁠⁠⁠⁠Revival Gold ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠Vizsla Silver⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠Equinox Gold⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠Integra Resources ⁠⁠⁠

Morning Briefing: A Combination of Factors Driving Metals Lower this Morning

Mining Stock Daily

Good morning and welcome back to the Mining Stock Daily Morning Briefing, presented by the Clear Commodity Network and delivering today's top news in mining and mineral exploration. From the new ClearCom Studios, here's your host, Trevor Hall.

Trevor Hall Hey, good morning, everybody. Welcome back to the Mining Stock Daily Morning Briefing. It is Thursday, May 28th. Gold is down 0.7% to $4,416 an ounce on that front month contract. Now hovering right on top of its 200-day moving average, which was a critical support level during the last significant pullback a number of weeks ago.

Silver is off 2.25% to $73.22 an ounce. Copper nearly flat, down about 0.2 to $6.32 a pound. Two things driving the metals complex lower this morning on the macro side. The Iran situation continues to deteriorate at the margins. The U.S. struck Iranian military targets for the second time this week,

this time shooting down four Iranian drones fired at a commercial ship and hitting a launch unit near the Strait of Hormuz. Kuwait's air defense systems were also active overnight, intercepting missile and drone threats. U.S. Central Command calls the strikes defensive and says the ceasefire remains intact. Iran's state media reported retaliatory action against the U.S. base from which the strikes were launched. The ceasefire is holding, I guess, barely.

But the fragility of the situation is becoming more apparent by the day. And the market has moved past pricing and quick resolutions. Another thing, Federal Reserve Governor Lisa Cook said yesterday that inflation is headed in the wrong direction, that she would be prepared to raise interest rates if that persists. She joins a growing list of Fed officials signaling that the inflation risk has now overtaken the labor market as the policy priority.

Morning Briefing: A Combination of Factors Driving Metals Lower this Morning

Read the full transcript

The candid version is on a podcast,
not the earnings call.

Morning Briefing: A Combination of Factors Driving Metals Lower this Morning

Read the full transcript

The candid version is on a podcast, not the earnings call.

The candid version is on a podcast,
not the earnings call.