Gold Prices to Surge by 80% in 2029: JPMorgan

Gold prices are expected to increase by 80% in four years, reports the US-based financial services firm JPMorgan. In other news, experts consider the federal government’s openness to listen to industry insiders in the formulation of mining regulations as something positive. Experts emphasize the importance of filling gaps in mining regulation to support economic growth and job creation. 

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Gold to Reach US$6,000 by 2029: JPMorgan

JPMorgan has strengthened its optimistic outlook on gold, projecting that prices could climb to US$6,000/oz by the end of President Donald Trump's current term in 2029, an 80% increase from current levels.

China’s Rare Earths Ban Reveals US Vulnerability: MP Materials

China’s use of rare earths as a tool in its trade dispute with the United States is set to accelerate efforts to strengthen US access to critical minerals, according to MP Materials, the sole US producer of these essential materials for smartphones and defense systems.

Torex Gold Produces 59,630oz AuEq in 1Q25

Canada-based precious and base metals producer Torex Gold produced 59,630oz AuEq in 1Q25. During the quarter, the company also declared commercial production at its Media Luna project in Guerrero, which is expected to contribute to increased production through the year and support a return to positive free cash flow generation.

Environmental Permitting and Latam Mining: Prospects for Change
Adrián Juárez Pineda, CEO, CTA Consultoría y Tecnología Ambiental, notes that stringent environmental permitting processes have affected the mining industry in Latin America, leading to significant delays and stalled projects. With the United States streamlining its permitting under Donald Trump’s administration, this raises questions about whether Latin America can or will follow suit and if US policy will influence reforms in the region.

Disruptive Mining Regulations Need Private Sector Input 

Servicios Legales Mineros' Carlos Suárez and Santiago Suárez stress that the formulation of new mining regulations is a crucial period for the sector, marked by a shift in approach from Claudia Sheinbaum’s administration toward greater engagement with industry insiders, resulting in more prospects for growth and job creation.