Statistics Canada released July’s monthly mineral production survey on Friday (September 19). The data showed gold production increased month-over-month, while copper and silver declined; shipments, however, saw broad declines from June for all three metals. Gold production increased significantly to 18,855 kilograms compared to 16,935 kilograms in June. Meanwhile, copper production fell to 37.99 million kilograms from 39.17 million kilograms in June, and silver production slipped to 25,345 kilograms from 28,390 kilograms. As for shipments, gold shipments slid to 16,748 kilograms from 18,554, copper fell to 39.28 million kilograms from 45.96 million, and silver decreased to 26,397 kilograms from 31,181. StatsCan released August’s consumer price index (CPI) data on Tuesday (September 16), the day before the Bank of Canada’s interest rate decision. The release showed that all-items inflation rose 1.9 percent on a yearly basis, up from the 1.7 percent recorded in July. The agency attributed the faster growth in…

Gold hit yet another new price record this week, rising past US$3,700 per ounce. The yellow metal broke that level on Wednesday (September 16), the first day of the US Federal Reserve’s meeting, and then did it again the next day just after the gathering wrapped up. The Fed was widely anticipated to cut interest rates, and that’s exactly what happened — it announced a 25 basis point reduction to the 4 to 4.25 percent range, with Chair Jerome Powell describing it to reporters as a ‘risk-management cut.’ Although inflation is still outside the Fed’s 2 percent target, Powell said the central bank has shifted its focus toward the jobs market due to a change in the balance of risks — in his view, it’s no longer possible to call the labor market ‘very solid.’ ‘Labor demand has softened, and the recent pace of job creation appears to be running…

Here’s a quick recap of the crypto landscape for Wednesday (September 17) as of 9:00 p.m. UTC. Get the latest insights on Bitcoin, Ethereum and altcoins, along with a round-up of key cryptocurrency market news. Bitcoin and Ethereum price update Bitcoin (BTC) was priced at US$115,680, a one percent decrease in 24 hours. Its lowest valuation of the day was US$114,940, and its highest was US$116,225. Bitcoin price performance, September 17, 2025. Chart via TradingView. The crypto markets showed immediate volatility following today’s US Federal Reserve interest rate decision, which was a widely anticipated 25 basis points, lowering the target range to 4 to 4.25 percent. Bitcoin initially rose slightly above US$116,000, but then dropped below US$115,000 as traders digested Fed Chair Jerome Powell’s remarks. He noted that inflation risks are currently tilted to the upside, while employment risks are to the downside, posing a challenging situation for policy balance.…

Silver Hammer Mining Corp. (CSE: HAMR) (the ‘Company‘ or ‘Silver Hammer‘) is pleased to announce that, further to its news releases dated June 17, 2025 and August 5, 2025, it has closed the second and final tranche (the ‘Second Tranche‘) of its previously announced non-brokered private placement (the ‘Offering‘), issuing 26,864,491 units (the ‘Units‘) at a price of CDN$0.055 per Unit for gross proceeds of CDN$1,477,547.01. Together with the first tranche of the Offering, the Company has issued an aggregate of 32,890,909 Units and raised total gross proceeds of CDN$1,809,000 under the Offering. ‘The Company is pleased to be fully subscribed and close over CDN$1.8 million, and I am excited to continue to be a large shareholder in the Company by subscribing once again alongside our existing and new shareholders. We have had significant interest in the private placement, well above the funds raised, and truly appreciate the support in…

Vanadium is an important metal for both the steel and battery manufacturing industries. Both of these sectors play key roles in economic growth and a new era in defense and energy security. Supply and demand fundamentals for the metal indicate a strong long-term outlook for the vanadium market. Many investors believe the vanadium industry is compelling and are interested in getting involved in this evolving market. Read on for a brief overview of the metal, from supply and demand to how to invest in this exciting industrial and battery metal. In this article What is vanadium? Named after Vanadis, the Norse god of beauty, vanadium is a silvery-gray transition metal that was discovered in 1801. Vanadium occurs in about 65 different minerals, and is mined as a by-product of other metals, usually uranium. It is also found in deposits of phosphate rock, titaniferous magnetite, uraniferous sandstone and siltstone. Aside from…

Osisko Metals Incorporated (the ‘ Company ‘ or ‘ Osisko Metals ‘) ( TSX: OM,OTC:OMZNF ; OTCQX: OMZNF ; FRANKFURT: 0B51 ) is pleased to announce new drill results from the Gaspé Copper Project, located in the Gaspé Peninsula of Eastern Québec. Osisko Metals CEO Robert Wares commented: ‘The growth potential of the Gaspé Copper deposit continues to be demonstrated with today’s new high-grade results. Holes 30-1106 and 30-1109 reveal the presence of a thick, higher grade tabular zone lying at depth around the E Zone horizon near the eastern margin of our 2024 MRE model. This tabular zone may extend significantly to the east if it correlates to historical drilling results. Our expansion drilling is exceeding expectations, hand-in-hand with the solid infill results on our main resource area.’ New analytical results are presented below (see Table 1), including 26 mineralized intercepts from six new drill holes. Infill intercepts are…

NVIDIA’s (NASDAQ:NVDA) new RTX6000D chip, built to comply with US export curbs, is seeing little demand from major Chinese firms, sources familiar with the matter told Reuters this week. Tests showed it lags the banned RTX5090, which remains widely available through gray market channels at less than half the RTX6000D’s price of roughly 50,000 yuan (around US$7,000). NVIDIA currently faces a balancing dilemma in China, where the US has barred exports of its most advanced processors to limit Beijing’s artificial intelligence (AI) progress, forcing the company to design downgraded models. While sell-side analysts had forecast robust demand, including projections of 1.5 million to 2 million RTX6000Ds produced in the second half of 2025, some of China’s biggest technology buyers appear unconvinced. Instead, tech giants Alibaba (NYSE:BABA), Tencent Holdings (OTC Pink:TCEHY,HKEX:0770) and ByteDance are waiting for clarity on shipments of NVIDIA’s H20, the most powerful AI processor the US has permitted…

GBM Resources (ASX:GBZ) announced it has regained ownership of the Mount Coolon gold project in Queensland following Newmont’s (TSX:NEM,NYSE:NEM,ASX:NEM) termination of a 2022 farm-in agreement. GBM made the deal with Newcrest Mining before that company was acquired by Newmont in 2023. Newmont’s withdrawal is part of its focus on divesting non-core assets to hone in on its more profitable and stable tier one operations. The company has made substantial adjustments to its portfolio this year. GBM reacted positively to Monday’s (September 15) news, saying that regaining full ownership of the project aligns with its strategy to build a leading gold portfolio in the Drummond Basin. “We are excited to regain 100 percent ownership, and our exploration team are enthusiastic about getting on the ground as we see significant upside on the Mt Coolon Tenure,” commented CEO Daniel Hastings. Located within the Drummond Basin and near GBM’s Twin Hills and Yandan…