Morning Briefing: Investors Exit Gold ETFs, US gov't takes equity stake in graphite miner
Today's episode covers markets in the red, rising U.S. inflation forecasts, and record multi-billion-dollar outflows from gold and silver ETFs.
The U.S. government announced plans to take a strategic equity stake in Syrah Resources to support the Balama graphite mine and Vidalia anode facility. This proposed deal would convert existing loans into equity, giving the US government direct ownership in crucial natural graphite reserves while mobilizing further private investment.
Also in the news is Omai Gold Mines, Provenance Gold Corp, AngloGold Ashanti, Foran Mining, Equinox Gold, and K2 Gold Corporation.
Listen to the full episode for detailed drill results, feasibility study highlights, and commissioning updates across the junior mining sector.
Morning Briefing is sponsored by Revival Gold. Revival Gold is one of the largest pure gold mine developer operating in the United States. The Company is advancing the Mercur Gold Project in Utah and mine permitting preparations and ongoing exploration at the Beartrack-Arnett Gold Project located in Idaho. Revival Gold is listed on the TSX Venture Exchange under the ticker symbol “RVG” and trades on the OTCQX Market under the ticker symbol “RVLGF”.
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