MINING.COM

First Phosphate lines up LOIs, offtake deals for Quebec projects at G7 Summit  dlvr.it/TT5PsM

Hudbay Minerals breaks ground at Copper Mountain mine expansion  dlvr.it/TT5NBn

"Money gets all the attention. But collateral does all the work." Most analysts are watching the dollar. Vincent Lanci says they're asking the wrong question. What matters now is what the world trusts enough to back its debt. China has bought gold for 19 months straight — with their most recent purchase being the biggest in 19 months. Meanwhile, JP Morgan and Deutsche Bank just announced a joint venture to open a gold clearing hub in Singapore. The pricing power of gold is moving east. youtube.com/watch?v=TY1suM…

Guardian Metal Resources increases property, water rights for Nevada tungsten projects dlvr.it/TT5KBr

Sponsored: Heliostar says Mexico mines can fund Ana Paula build @HeliostarMetals VP of Investor Relations and Development Stephen Soock speaks with The @NorthernMiner’s @Devan_Murugan at @TheMiningEvent of the North in Quebec City. mining.com/joint-venture/…

Sponsored: Scandium Canada drills Crater Lake as alloy demand grows @ScandiumCanada CEO Guy Bourassa in conversation with The @NorthernMiner video host @Devan_Murugan during @TheMiningEvent of the North in Quebec City. mining.com/joint-venture/…

China could retaliate against threats to critical metal security: analysts dlvr.it/TT5BJF

BHP to sell $1.5B Chile power lines in copper-first pivot dlvr.it/TT5BB2

Allseas deep-sea mining contract violates UN law, says Greenpeace-backed analysis dlvr.it/TT58x4

Sponsored: FireFly eyes quick Green Bay restart @FireFly_Metals CEO Darren Cooke in conversation with The @NorthernMiner video host @Devan_Murugan during @TheMiningEvent of the North in Quebec City. mining.com/joint-venture/…

Sponsored: BBA says BC mines face power, permit timeline squeeze Groupe BBA Vancouver Office Manager Julia Gartley in conversation with @Cdn_Mining_Jrnl’s Editor-in-Chief @DrTamerElbokl during the May 2-5 CIM Connect event in Vancouver. mining.com/joint-venture/…

Kristi Noem joins B.C. copper junior in advisory role dlvr.it/TT553v

Rio Tinto’s copper mine blocked: Protesters halt Oyu Tolgoi exports amid Mongolia’s revenue demands dlvr.it/TT4wx8

Copper price targets in USD per metric ton - major banks and hedge funds (updated 16 June 2026). Copper is trading at $13,680.25 per metric ton as of 4:15pm EST Tuesday. CITIGROUP: $15,000.00 per metric ton 12-month target, with a near-term June peak target of $14,500.00 and an initial baseline of $12,000.00. ANDURAND CAPITAL: $15,000.00 per metric ton near-term high-conviction target, with a strategic 4-year vision of $40,000.00 per metric ton based on zero-buffer global exchange inventories. BANK OF AMERICA: $15,000.00 per metric ton peak scenario target ($6.80/lb), with a conservative annual average forecast of $11,313.00 for 2026. TRIBECA GLOBAL NATURAL RESOURCES: $15,000.00 per metric ton strategic target, supported by a 40% net long exposure to global copper producers. UBS: $14,000.00 per metric ton September target, with a full-year average forecast of $13,200.00 and a long-term June 2027 target of $15,500.00. J.P. MORGAN: $13,500.00 per metric ton second-quarter peak target, with a full-year average forecast of $12,075.00 and a structural support floor at $11,100.00. HSBC: $13,492.00 per metric ton annual average forecast ($6.12/lb), reflecting a 6% upward revision from previous models. DEUTSCHE BANK: $13,000.00 per metric ton second-quarter peak target, with an annual average forecast of $12,125.00. MORGAN STANLEY: $12,780.00 per metric ton bull-case scenario target, with a baseline average forecast of $10,650.00. BARCLAYS: $12,522.00 per metric ton annual average forecast (revised up 16%), predicated on a persistent 440,000-ton global supply deficit. THE CARLYLE GROUP (JEFF CURRIE): $12,500.00 to $15,000.00 per metric ton target range, designated as a highest-conviction "supercycle" trade. COCHILCO (CHILE): $12,235.00 per metric ton annual average forecast ($5.55/lb), citing a tightening refined market and collapsing treatment charges. ORION RESOURCE PARTNERS: $11,500.00 per metric ton project financing base-case rating, utilized for tier-one asset valuations and equity acquisitions. GOLDMAN SACHS: Structurally cautious $10,000.00 to $11,000.00 per metric ton cap forecast through 2026/2027, citing a physical purchase slowdown in China above $11k. WORLD BANK: $9,800.00 per metric ton annual average forecast, citing macroeconomic growth headwinds and subdued industrial demand. MACQUARIE: $9,525.00 per metric ton annual average forecast (bearish outlier), based on a projected 602,000-ton lagged surplus and high visible inventories.

Fortuna wins key approval for Senegal gold project dlvr.it/TT4RwM

Rare Earths Americas hits 44.5% TREO at Shiloh project in Georgia  dlvr.it/TT4RQh

Switzerland loses its shine as central bank gold vault dlvr.it/TT4PT3

Gold is collateral. The price will rise. Gold has rebounded above $4,300/oz after a tentative US-Iran peace agreement, but veteran commodities trader Vincent Lanci says investors are watching the wrong story. He explains why central bank buying matters far more than the latest correction. Watch the full Top of Mine interview here: youtu.be/TY1suMYSv5c?si…

Rare-earth refiner gets $500M loan from Pentagon to build ‘Freedom Facility’   dlvr.it/TT4N8r