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The Drill Down
Friday 27 March 2026 · Part 1 Edition
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Commodity Prices
| Precious Metals |
Price (USD/toz) |
| Gold |
$4,377.42
-128.63 (-2.85%)
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| Silver |
$67.99
-3.25 (-4.56%)
|
| Platinum |
$1,813.50
-117.50 (-6.08%)
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| Palladium |
$1,359.00
-57.53 (-4.06%)
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| Base Metals (LME) |
Price (USD/lb) |
| Copper |
$5.51
+0.0115 (+0.21%)
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| Nickel |
$7.77
-0.0812 (-1.03%)
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| Zinc |
$1.40
-0.0039 (-0.28%)
|
| Aluminium |
$1.47
+0.0071 (+0.49%)
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| Lead |
$0.85
-0.0091 (-1.05%)
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Prices updated as of 27 Mar 2026, 9:04 am AEST
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Today's Stories
Source: BNamericas
Speaking at the 2026 Mining Expo Living the Mining in Cananea, Sonora, AIMMGM president Rubén Del Pozo called on Mexico to commit to green, modern, and competitive mining as a driver of the energy transition and social well-being. Del Pozo warned that the mining-metallurgical sector is contending with legal uncertainty, cost pressures, and price volatility, all of which are complicating project development and undermining the country's ability to consolidate a more sustainable model.
Source: MINING.COM
Swedish miner Boliden has warned that abnormally high seismic activity at its Garpenberg zinc and copper mine earlier this month will reduce Q1 2026 EBITDA by approximately 400 million Swedish crowns ($43 million). Throughput for the quarter came in just under 0.8 million tonnes against an expectation of over 0.9 million tonnes, and production in the most affected part of the mine is not expected to resume this year. Until further notice, Garpenberg will operate at around 30% of its guided annual capacity of 3.7 million tonnes while ventilation, pressure air, and electrical infrastructure is repaired over the coming weeks.
Source: Financial Times
Barrick Mining will slow development of the Reko Diq deposit in Pakistan's Balochistan province and extend the timeline due to regional security concerns. The delay reflects broader concerns about the Middle East conflict's impact on major mining projects.
Source: Mining.com.au
ESG advisor Kevin D'Souza, speaking at PDAC 2026, argued that mining companies are drowning in metrics and compliance exercises while losing sight of what actually matters. "We're trying to measure everything, but we don't know what for," D'Souza said, warning that ESG ratings have become more about optics than performance, with companies spending heavily on consultants and software at the expense of the science and site-level engagement that genuinely builds credibility.
Source: Fine Day Radio
Australia's resources minister says France is among several nations looking to invest in Australia's critical minerals sector. The interest reflects growing global focus on securing supply chains for strategic minerals.
Source: MINING.COM
Gold's recent sell-off reflects forced deleveraging and disrupted reserve flows as tightening conditions ripple through global markets. Sprott argues the decline is driven by market conditions rather than underlying fundamentals.
Source: Nasdaq
Hecla Mining Company completed the sale of its subsidiary that owns the Casa Berardi Mine in Quebec. The company also announced a redemption notice for senior notes following the transaction.
Source: Vancouver Sun
Vancouver-headquartered Defense Metals Corp. is developing Canada's first rare earths mine at a deposit rich in key elements. The company is positioning itself to compete in the critical minerals sector dominated by China.
Source: Turkish Minute
A Canadian gold mining company signed a definitive agreement to sell its majority stake in a gold mine in eastern Turkey where a 2024 landslide killed 9 workers. The transaction follows the tragic safety incident at the operation.
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