全球经济增长受贸易壁垒上升、政策不确定性加剧等因素影响显著放缓，2025年增速预计降至2.3%，为2008年以来最低（除全球衰退年份）。新兴市场和 发展中经济体（EMDEs）增长乏力，缩小与发达经济体人均收入差距的进程受阻，贫困 reduction 进程缓慢。各区域经济前景分化， downside risks突出，需 全球合作与结构性改革应对。 全球经济展望 - 增长放缓：2025年全球GDP增速2.3%，2026-2027年温和回升至2.5%。发达经济体增速降至1.2%，美国、欧元区受贸易政策冲击显著。EMDEs增速3.8%， 中国增速4.5%，印度6.3%，但多数国家增长低于预期。 - 贸易与通胀：全球贸易增速2025年降至1.8%，商品价格下跌10%，能源价格受OPEC+增产和需求疲软影响显著。全球通胀2025年预计2.9%，核心通胀因服 务价格压力持续高企。 - 金融市场：全球金融条件收紧，EMDEs资本外流、汇率贬值压力加大，主权债利差扩大，但短期波动后部分恢复。 区域经济前景 主要风险与政策建议 - 风险挑战：贸易壁垒进一步升级、全球金融条件收紧、地缘政治冲突加剧、极端天气频发、新兴市场债务危机。 ...

李冈峰 欧洲天然资源基金 Commodity Discovery 特约分析师 这是一个主要从美国每周的CFTC数据公布基金(Managed Positions)在当地期货市场的各种部署，继而反映 现时市场对贵金属的情绪和对短/中期的一个价格判断。美国每周五收市后公布的CFTC数据，记录日为刚过 去的周二(如果过去一周原本工作日是假日的话数据出炉会延期)。 概要 美钯基金净空进一步回升至17吨为过去31周最高水平。笔者认为纵使钯金的大牛市已经完结，但 要是一天钯金还是维持在巨大净空水平，其他贵金属可能还是比较困难完全转势。美钯基金持仓 已经是连续129周处于净空水平处于历史最长净空当中。 随着黄金的牛市越来越漫长，美股又没有出现大跌的情况下，现时市场的风险承受情绪明显高 昂，大量资金流进白银期货市场，导致美国的白银合约的多头上周急剧攀升，金银比大跌。 不过 随着中东地缘政治转差，金银比又再次回升，显现真金不怕洪炉火。 除了黄金避险外，原油(政局风险)、中国具垄断供应的物料(稀土、锑、钨等)国际价(不是国内价) 理论上应可看高一线。 | | COMEX黄金 | | | COMEX白银 | | Nymex铂金 | ...

摘要国际黄金周二（6月17日）日K收涨，美市尾盘，国际黄金收报3387.58美元/盎司，上涨3.04美元或 0.09%，日内最高上探3403.08美元/盎司，最低触及3365.79美元/盎司。 国际黄金周二（6月17日）日K收涨，美市尾盘，国际黄金收报3387.58美元/盎司，上涨3.04美元或 0.09%，日内最高上探3403.08美元/盎司，最低触及3365.79美元/盎司。 美国商品期货交易委员会(CFTC)数据显示，截至6月17日，黄金ETF持有量为945.94吨，较上一交易日 增持4.01吨。 黄金ETF最新持仓数据： 【要闻回顾】 中东局势的持续恶化无疑是近期黄金价格反弹的核心驱动因素。以色列与伊朗的空战已持续五天，冲突 范围不断扩大，德黑兰和伊斯法罕等地接连发生爆炸，特拉维夫响起空袭警报。 美国进一步加强在中东的军事部署，增派战斗机并扩大战机部署范围，令市场对地区冲突升级的担忧加 剧。 Kitco Metals高级分析师Jim Wycoff指出，地缘政治不确定性为市场提供了避险买盘的支撑，尤其是在伊 朗与以色列冲突可能先升级后缓和的背景下，黄金作为传统避险资产的吸引力显著增强。 【上一交易日黄金 ...

Locked cycle tests exceed 90% copper and molybdenum recoveries and confirm clean final products with high separation efficiency Vancouver, British Columbia, June 17, 2025 (GLOBE NEWSWIRE) -- Surge Copper Corp. (TSXV: SURG) (OTCQB: SRGXF) (Frankfurt: G6D2) (“Surge” or the “Company”) is pleased to announce results from its recently completed metallurgical testwork program for its 100%-owned Berg Project, located in central British Columbia. The program was designed to support future pre-feasibility level tech ...

MONTREAL, June 17, 2025 (GLOBE NEWSWIRE) -- SRQ Resources Inc. (“SRQ” or the “Company”) (TSX-V: SRQ) is pleased to announce the mobilization of drilling crews and the commencement of its 4,000-metre diamond drilling program at the highly prospective Target 900 located on the Lac Brulé property, under Autorisation d’Exploration à Impact ATI-118, in the Province of Québec, Canada. “We’re excited to kick off drilling at Target 900—an important milestone in revealing the potential of Lac Brulé,” said Dr. Marc-A ...

Core Viewpoint - NOVAGOLD Resources Inc. has published its 2024 Sustainability Report, highlighting its commitment to environmental responsibility, health and safety, social engagement, and corporate governance in line with GRI standards and TCFD recommendations [1][8]. Group 1: Sustainability and ESG Practices - The company emphasizes the evolution of its ESG practices, focusing on collaboration with local communities in the Yukon-Kuskokwim region to minimize environmental impacts and foster economic activity [2][5]. - Transparency is a key aspect of NOVAGOLD's approach, ensuring clear communication of sustainability priorities and ESG performance metrics since 2020 [6][8]. Group 2: Donlin Gold Project - NOVAGOLD is focused on advancing the Donlin Gold project, which is regarded as one of the largest and highest-grade open-pit gold deposits globally, with approximately 39 million ounces of gold in the Measured and Indicated Mineral Resource categories [9][13]. - The project is expected to produce an average of over one million ounces of gold per year over a 27-year mine life once in production [9]. Group 3: Community Engagement and Governance - The company highlights its ongoing commitment to community investments and stakeholder interactions, aiming to deliver lasting economic and social benefits through responsible development [5][8]. - NOVAGOLD aligns its sustainability efforts with the recommendations of TCFD and TNFD, as well as the GRI framework, to ensure comprehensive governance [8].

TORONTO, June 16, 2025 (GLOBE NEWSWIRE) -- Hudbay Minerals Inc. (“Hudbay” or the “Company”) (TSX, NYSE: HBM) has resumed operations in Snow Lake following the lifting of evacuation orders in the Snow Lake region on June 14, 2025. The Company continues to collaborate closely with local communities and municipal and provincial authorities to provide support to its employees, their families and neighbours as they navigate their return. Through the Company’s emergency preparedness and extensive community respon ...

Core Points - Goliath Resources Limited has successfully closed a "bought deal" private placement of 7,256,500 common shares at a price of C$3.17 per share, raising gross proceeds of C$23,003,103 [1] - The company is also finalizing a concurrent non-brokered private placement of up to 1,281,545 shares for additional gross proceeds of up to C$4,062,500 [2] - The offering was led by Stifel Nicolaus Canada Inc. and included a cash commission of 6.0% and 435,390 common share purchase warrants for the underwriters [3] Use of Proceeds - The gross proceeds from the offering will be utilized to advance exploration of the Golddigger-Surebet Project, focusing on Canadian exploration expenses and flow-through critical mineral mining expenditures [4] - The expenses will be incurred by December 31, 2026, and will be renounced to subscribers by December 31, 2025 [4] Regulatory and Compliance Information - All shares were issued under the "listed issuer financing" exemption and are not subject to a statutory hold period, while the broker warrants are subject to a hold period expiring on October 17, 2025 [5] - The offering is pending final approval from the TSX Venture Exchange [5] Company Overview - Goliath Resources Limited is focused on exploring precious metals projects in the Golden Triangle of northwestern British Columbia, with a commitment to high-quality geological settings and safe mining jurisdictions [8] - The company has strategic shareholders including Crescat Capital and McEwen Mining Inc. [8]

Group 1 - Goliath Resources Limited has closed a "bought deal" private placement of 7,256,500 common shares at a price of C$3.17 per share, raising aggregate gross proceeds of C$23,003,103 [1] - The company is also completing a concurrent non-brokered private placement of up to 1,281,545 Charity Flow-Through Shares for gross proceeds of up to C$4,062,500 [2] - The Offering was led by Stifel Nicolaus Canada Inc. and included a cash commission of 6.0% and 435,390 common share purchase warrants [3] Group 2 - Proceeds from the Offering will be used to advance exploration of the Golddigger-Surebet Project and to incur Canadian exploration expenses [4] - The Charity Flow-Through Shares will allow individual subscribers in British Columbia to claim a provincial non-refundable tax credit equal to 20% of their flow-through mining expenditures [4] Group 3 - All Charity Flow-Through Shares were issued under the "listed issuer financing" exemption and are not subject to a statutory hold period [5] - The Offering is subject to final approval from the TSX Venture Exchange [5] Group 4 - Goliath Resources is focused on precious metals exploration in the Golden Triangle of northwestern British Columbia, with projects in high-quality geological settings [8] - Key strategic shareholders include Crescat Capital and McEwen Mining Inc. [8]

TORONTO, June 16, 2025 (GLOBE NEWSWIRE) -- Blue Moon Metals Inc. (“Blue Moon” or the “Company”) (TSXV: MOON; OTCQX: BMOOF), is pleased to announce that the company has commenced underground construction on the Nussir Mine completing the first blast on the access portal on June 12, 2025; ahead of schedule. Nussir’s mining contractor, Leonhard Nilsen & Sonner AS (“LNS”) will extend the decline approximately 2,500 meters providing a platform for further underground exploration. The exploration work to be compl ...