Futures downbeat, confrontation tipped

By Staff reporter / October 27, 2020 / www.mining-journal.com / Article Link

Meanwhile, Eurasia Group's Ian Bremmer has tipped "an enormous amount of confrontation" between China and the US, no matter who wins next week's US presidential election, Bloomberg reported.

Gold is above US$1,900 an ounce and silver is worth more than $24/oz on the spot market.

Silver explorer New Pacific Metals (TSX: NUAG) closed up 17.2% yesterday on no news.

It said last week it had started advanced studies for its Silverstrike project, west of its flagship Silver Sand project in Bolivia.

On the TSX Venture Exchange, Stakeholder Gold (TSXV: SRC) closed up 25% as it said it had received the final approval for its acquisition of Victoria Mining Corp and could start exploration at Dom Joaquim in Brazil, where it hopes to extract and sell "exotic blue quartzites".

Finally among the majors, Fresnillo and Antofagasta both closed up about 1.4% in London.

Newmont rose 2.2% in New York and BHP was down slightly in midday Australian trade.

Recent News

Immediate trigger for crash was new Fed Chairman pick

February 02, 2026 / www.canadianminingreport.com

Gold stocks slump on metal price decline

February 02, 2026 / www.canadianminingreport.com

Is the gold market starting to turn 'irrationally exuberant'?

January 26, 2026 / www.canadianminingreport.com

Gold stocks explode up as equity markets languish

January 26, 2026 / www.canadianminingreport.com

Gold stocks outpace flat large caps

January 19, 2026 / www.canadianminingreport.com
See all >
Share to Youtube Share to Facebook Facebook Share to Linkedin Share to Twitter Twitter Share to Tiktok