'Perfect Storm of Higher Prices'Experiencing a "perfect storm of higher prices", commodities have had a strong year with precious metals expected to continue to rise due to impending Federal Reserve interest rate cuts, according to Ahead of the Herd. Notably, interest rates, rather than inflation alone, are a major driving factor for commodity prices. With this, gold, silver and copper all are expected to see higher prices as demand increases amid structural supply deficits. (Source:
https://www.mining.com/gold-silver-and-copper-had-a-banner-first-half/)
Following successful test work on its copper-lead separation process, LUCA Mining (LUCA.v, LUCMF) is currently implementing the flowsheet at minimal cost amid producing gold, silver, copper, zinc and lead from two operating mines:
https://x.com/LucaMining/status/1812879791290294680 Providing significant diversification to a range of vital metals in our current economy, LUCA is currently trending towards quarterly revenues of around $140-$145 million this year with a significant rerating opportunity coming up.
For more information, refer to this deep dive:
https://www.reddit.com/r/Wealthsimple_Penny/comments/1dlgkx6/luca_mining_lucav_a_junior_gold_copper_silver/ Posted on Behalf of Luca Mining Corp.