Ryan Stancil,
Editor
Aug. 25, 2025
Commodity Callout
Lithium had another strong showing this week, proving that patience can lead to massive rewards in this space. Now it’s a question of how far this commodity can run.
Metal Price Update
Gold — Gold was back on the upswing last week after some uncertainty. It started at around $3379 per ounce, dipped, and then moved up to end the week around $3417. This is all largely attributed to Chairman Powell signaling that rate cuts could be coming, so now it’s time to see if the momentum will hold over the coming weeks.
Silver — It was a similar story for silver. It started around $38.07 per ounce, dipped, and then moved up to end around $38.88. While traders wait to see if rate cuts truly do come, gold and silver could both hold within range of these current levels.
Copper — Copper largely stayed within range. It started at $4.46 per pound, dipped as low as $4.41 and then moved back up to where it had been at the start of the week. Unlike gold and silver, copper isn’t looked at as a haven investment but the fundamentals behind it are enough to keep it around current price levels before its inevitable upward resurgence.
Lithium Carbonate — Lithium saw more upward movement last week, starting the week at around $11,518 per metric ton and ending around $11,933. So it’s safe to say the bull market is fully in swing. Production halts continue to weigh on supply, and thus are driving the price up.
Uranium — Uranium is still moving ahead. It started around $73.40 per pound and ended at $74. Its price doesn’t seem as affected by headlines as the other commodities we talk about here. Instead, its slow and steady upward march is being spurred on by fundamentals and the slow realization that it’s the only way we can meet increasing energy demands while dealing with the climate crisis.
Company Callout
One company to watch is Latin Metals Inc. (TSX-V: LMS)(OTC: LMSQF), a prospect generator with copper-gold projects in Peru and Argentina. The company recently acquired 300 hectares of land to expand its 100%-owned Para copper project in Peru. This gives the company access to a total of 2200 hectares of high-priority copper projects at a time when the metal is seeing growing demand.
Drill permitting will be underway soon, and company management is actively looking for partners to fund the project and move it forward. This, along with recent news of several projects advancing in Argentina, perfectly positions Latin Metals to take advantage of the copper boom that’s unfolding.
Gerardo recently sat down with company CEO Keith Henderson who provided some insight into the news and where the company goes from here. You can listen to that by clicking here.
Keep your eyes open,
Ryan Stancil
Editor, Resource Stock Digest