BofA doubles down on gold, calling the pullback a pause on the road to $5,000

View: Source Gold has spent weeks consolidating in the $4,200 to $4,300 range, but Bank of America views it as more of a breather than a ceiling. Clearly, gold’s 2025 run has been insane. The shiny yellow metal started the year near $2,630/oz, and is currently trading at $4,282/oz, leaving it up roughly 63% year-to-date, its best performance since the late 1970s. That …

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Brazil’s Minas Gerais state outlines strategy for rare earth projects

View: Source The state government of Minas Gerais is mapping out strategies to increase the attractiveness of rare earth projects amid growing interest in the segment. Brazil holds the second-largest volume of rare earth reserves in the world, behind only China. A large part of these reserves is in Minas Gerais, more precisely in the city of Poços de Caldas, in the southwest of the state, …

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EU’s critical minerals strategy: €3 billion boost amid industry risks

View: Source On Wednesday December 3, the EU unveiled its ReSourceEU Action Plan, providing new guidance on critical raw materials supply, with a renewed emphasis on defense and $3.5 billion in funding for the coming year. Key takeaways: EU launches €3 billion plan to boost critical minerals sector and address supply chain risks. Stockpiling and public-private partnerships are central to the …

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