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PRE-OPEN Canadian futures are lower as investors remained cautious ahead of the Fed's first policy decision under new chair Kevin Warsh and developments around a potential U.S.-Iran peace deal. The U.S. central bank is expected to hold rates unchanged at 3.50%-3.75% and signal a less accommodative stance as it grapples with inflation pressures from higher oil prices linked to Middle East tensions. Investors will watch Warsh’s press conference for views on inflation, unemployment and the economic outlook.

Gold prices saw another volatile week, as early safe-haven demand from Middle East uncertainty gave way to heavy selling after the Federal Reserve held rates steady but signaled that a 2026 rate hike remained on the table.

June 22, 2026 – Vancouver, British Columbia – Kodiak Copper Corp. (the “Company” or “Kodiak”) (TSXV: KDK, OTCQX: KDKCF, Frankfurt: 5DD1) is pleased to provide an update on the proposed transaction announced on April 29, 2026 (the “Transaction”, see news release here) with Teck Resources Limited (collectively with its subsidiary Teck American Incorporated, “Teck”) and Kay Copper Corp. (“Kay Copper”, formerly Railtown II Capital Corporation), currently an unlisted reporting issuer. Under the Transaction Kodiak would vend its 100% owned Mohave project (“Mohave”) and Teck would vend its 100% owned Copper Hill project (“Copper Hill”), both located in Arizona, into a subsidiary of Kay Copper to create a new US-focused copper exploration company that would apply to list its shares on the TSX Venture Exchange (“TSXV”). The Transaction is subject to ongoing negotiations, the execution of definitive agreements, due diligence, consents and regulatory approval, approval of the TSXV and the completion of the NewCo Concurrent Financing (as defined below). There is no guarantee that the Transaction will be completed.

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.

Guanajuato Silver Company Ltd. (TSX-V:GSVR) (OTCQX:GSVRF) is pleased to announce an additional accelerated partial repayment of the Company’s gold loan with Ocean Partners UK Ltd. The Company took advantage of lower spot gold prices, as well as an early payment discount, to repay 1,448.7 ounces of gold at a gold price of US$3,830 per ounce. This payment represents all 11 monthly gold loan repayments that remained outstanding.

Despite metal price and import tariff headwinds, platinum jewellery delivered growth across all markets in 2025, generating the highest demand level since 2019.

Idaho is a Mining State

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

Both gold and silver have seen a solid start to the week as optimism over a potential peace deal in the Middle East eases some inflation fears. However, the drop from their session highs is a reminder that investors should be careful about chasing what has become a volatile market.