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PRE-OPEN Canadian markets look to a higher open as oil prices eased, even as renewed tensions in the Middle East threatened an already fragile truce. On the economic front, investors await trade balance figures for March.

Spot gold prices are firmer and spot silver prices are also higher late in North American trading Tuesday, supported by perceived bargain hunting after Monday’s sharp selloff as oil prices eased and U.S. equities closed at fresh records. At the time of writing, spot gold was trading near $4,557.68 an ounce, while spot silver was trading at $73.680 on the session.

Spot gold prices are firmer and spot silver prices are also higher late in North American trading Tuesday, supported by perceived bargain hunting after Monday’s sharp selloff as oil prices eased and U.S. equities closed at fresh records. At the time of writing, spot gold was trading near $4,557.68 an ounce, while spot silver was trading at $73.680 on the session.

Vancouver-headquartered B2Gold has announced a leadership transition that will see long-serving president and CEO Clive Johnson retire at the company’s annual general meeting on June 4.

The ceasefire between the U.S. and Israel and Iran is beginning to turn the conflict into a prolonged one, which markets don’t seem to fully grasp, and while the bull market for gold should resume once the impacts become apparent, silver’s demand picture is mixed due to persistently high prices, according to precious metals analysts at Heraeus.

MELBOURNE - Australia and Japan have beefed up their cooperation around critical minerals amid a State visit by Japan's prime minister, with the countries providing A$1.67-billion, or $1.20 billion, in support for the sector and flagging more to come.

Idaho is a Mining State

Independent valuation opinion with listed comparables, precedent transactions and sum-of-the-parts analysis

TSX- and ASX-listed Dundee Precious Metals (DPM) generated a record $203-million of free cash flow in the first quarter of the year ended March 31.