A strong month for gold, solid project progress, and two different paths to additional production potential.

The uranium market is gaining momentum again. IsoEnergy is strengthening its international platform, while Premier American Uranium is advancing two U.S. projects with clear work programs.

New price targets are putting the precious metal in the spotlight - Endeavour Silver and Discovery Mining offer different operational approaches to capitalize on this trend.

Gold is trading above $4,400 again. J.P. Morgan still believes $6,000 is possible by year-end. Meanwhile, Axo Metals and GoGold are driving forward key operational and financial milestones.

Gold is gaining support as expectations of near-term rate hikes fade, while physical demand in China and India increasingly shifts from jewellery toward investment gold.

According to media reports, Bank of America sees particularly strong upside potential in uranium. Rising reactor requirements and only slowly expanding primary supply support the long-term investment thesis.

Japan is testing the extraction of rare-earth sludge. Unresolved environmental issues, an incomplete regulatory framework, and high costs keep onshore raw material projects at the center of the supply chain.

Despite the sharp correction, silver continues to be supported by a structural market deficit. In platinum, an equally tight supply backdrop is meeting additional long-term industrial demand drivers.

Gold mining is expensive, and gold is scarce.

Overall gold demand (including OTC trading) remained stable in the second quarter.