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📝 Here are the highlights

💪 Pampa Breakthrough

😉 Gold Wins

🐦 Uranium Stocks Shine

📌 Daily Commodity Prices

💪 Pampa Breakthrough

Marimaca Copper Corp. (TSX: MARI) announced a discovery at the northern extension of its Pampa Medina deposit in Chile.

Highlights:

• 400 metres of 0.49% CuT from 250 metres, including 102 metres of 1.20% CuT (18 metres of 5.11% CuT).

• 100 metres of 0.36% CuT from 550 metres (dominantly sulphides), including 32 metres of 0.62% CuT from 618 metres, including 2 metres of 3.43% CuT from 648 metres.

CEO Hayden Locke highlighted the strategic importance of these discoveries as a strong complement to the Marimaca Oxide Deposit, confirming plans to boost exploration budgets aimed at further expanding and defining the resource.

😉 Gold Wins

Gold's 27% advance in 2024 stands out as one of its biggest gains this century, driven by US monetary easing, geopolitical risks, and increased central bank purchases.

Despite a stronger US dollar and rising Treasury yields, gold has outperformed most other commodities. Base metals had a mixed year, while iron ore dropped significantly, and lithium continued its decline due to a global supply glut and challenges in the electric vehicle industry. The LMEX Index saw modest gains, largely influenced by supply disruptions in copper and zinc.

For 2025, uncertainty around US monetary policy, China's economic recovery, and geopolitical risks will shape the metals market.

📰 In Other News

🐦 Uranium Stocks Shine

Happy Speculating!

The Editor

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