
Mining Stock Daily
Morning Briefing: Collective Mining announced plans for an expanded 70,000 meter drill program in 2025.
Apr 2, 2025
Collective Mining is ramping up with an ambitious 70,000-meter drilling program for 2025, employing up to 10 diamond rigs. Exciting assay results from Abra Silver and Radisson Mining highlight potential in Argentina and Québec, respectively. Integra Resources makes strides with an updated Mine Plan for the DeLamar Project in Idaho. In Zambia, Ivanhoe Mines secures a massive exploration license in a promising region, emphasizing the importance of personal research for potential investors.
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Quick takeaways
- Collective Mining's ambitious plan for a 70,000 meter drill program in 2025 highlights the growing investment in exploration and development in the mining sector.
- AbraSilver's promising assay results from the Diablillos project demonstrate the potential for increased mineral resources, reflecting positive trends in the precious metals market.
Deep dives
Surge in Gold Prices Amid Economic Uncertainty
Gold futures have reached an all-time high, influenced by investor demand stemming from fears related to potential tariff policies. Specifically, the active June contract closed at $3,152 after reaching a peak of $3,177 during intraday trading. This surge indicates that while technical indicators suggest the market is overbought, the ongoing economic concerns may sustain current price levels for both gold and silver. On the same day, silver showed robust trading, peaking at $34.96 before settling slightly lower, reflecting similar investor behavior towards precious metals.
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