Ryan Stancil,
Editor
Feb. 10, 2025
Editor’s Note
There are a lot of different ways to make money through investing but one that not many people know about is buying shares directly from companies. These are called private placements and, when you buy shares this way through the right companies, it can lead to some of the biggest gains you could ever make. Our upcoming webinar "Direct Investing: Buying Shares Privately” explains just how to find and get in on these deals. Click here to take part in the event when it goes live this Wednesday, February 12 at 12pm ET.
Commodity Callout
2025 is going to be the year of copper. There’s no way around it. The fundamentals for copper’s coming breakout are simple enough: the world needs more of it and supply is dwindling. More than anything, this valuable metal is used for wiring for our electronics, and this becomes especially important when you consider the worldwide transition to renewable energy. The world is only just now waking up to the fact that more copper is going to be needed just as supply is dwindling. That means mining companies with access to supply in safe jurisdictions will come out the winners in this market.
Metal Price Update
Gold — The gold bull run continues. As investors look for a haven amid trade wars and increasing uncertainty, gold saw its price run from about $2,800 per ounce to a high of $2,885 over the course of last week. This is a trend that has legs, and we’ll likely be seeing more of this. In fact, we’re over $2,900 this morning.
Silver — Silver continued following in gold’s wake, going from $31.70 to $32.58 per ounce. Like gold, investors view it as a safe haven investment choice, and it makes for a perfect complement to gold in any portfolio.
Copper — Copper continued its rise as well, running from a low of $4.39 per pound to around $4.59 over the course of the week. The world is starting to wake up to the truth that copper is one of the key ingredients to the energy of the future, and there isn’t enough of it to fulfill the energy transition goals that have been set. So the companies that can bring the resource to market are set to do extremely well as demand keeps climbing.
Lithium Carbonate — Unfortunately for Lithium, any slight gains evaporated as the price per metric ton pulled back. It saw its range drop from a high of just over $10,740 per metric ton to a low of around $10,600. Shifting demand and geopolitics continue to weigh on the price but some analysts are confident that there could be a positive shift later in the year.
Uranium — Uranium is experiencing some recovery after the price slid from the recent tech sector disruption. It ranged between $70 and $72 last week, getting back to where it was before China revealed its AI model, DeepSeek. The fundamentals for uranium to have a breakout year are still very much in place, so it stands to reason that the price would recover as it has.
Company Callout
One company to watch is Kingsmen Resources (TSX-V: KNG)(OTC: KNGRF). This Canadian miner owns the Las Coloradas silver-gold project situated within the northeast portion of the Central Mexican Silver Belt. The junior explorer is expected to begin drilling soon and, if the resource is what Gerardo and company management believe it to be, the sub-C$20 million market cap and low share price could be a thing of the past as soon as this spring.
Keep your eyes open,
Ryan Stancil
Editor, Resource Stock Digest