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PRE-OPEN Canadian markets re looking higher, supported by steady gold prices, as investors awaited developments in the Middle East and a high-stakes U.S.–China summit.

Gold suffered its third consecutive session of losses on Thursday, dropping $47 per ounce in a sell-off that extended the metal's retreat from its all-time highs and pushed prices deeper into correction territory. The decline was driven by a fresh wave of inflation data that cemented expectations the Federal Reserve will hold rates at elevated levels through year-end — and increasingly, that the next move could be a hike rather than a cut. A much-anticipated diplomatic summit between President Trump and Chinese President Xi Jinping offered little in the way of relief, delivering a joint statement long on principle and short on concrete action.

Spot gold prices are lower and spot silver prices are sharply lower after the close Thursday, as firmer Treasury yields and a stronger dollar offset safe-haven demand tied to renewed Strait of Hormuz tension. At the time of writing, spot gold was trading near $4,650.30 an ounce, down 0.80%, while spot silver was trading at $83.360, down 4.58% 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.

VANCOUVER, BRITISH COLUMBIA – (May 8, 2026) – Pan Global Resources Inc. (“Pan Global” or the "Company") (TSX-V: PGZ; OTCQB: PGZFF; FRA: 2EU) announced the exercise of 7,205,495 share purchase warrants prior to their expiry on May 6, 2026, for gross proceeds of $1,152,879. Each warrant converted to one common share at a price of $0.16 per share.

Canadian gold and silver producer Denarius Metals has rescinded its unsolicited offer to acquire all of the issued and outstanding common shares of TSX-V-listed Emerita Resources Corporation.

Idaho is a Mining State

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

Spot gold prices are lower and spot silver prices are sharply lower after the close Thursday, as firmer Treasury yields and a stronger dollar offset safe-haven demand tied to renewed Strait of Hormuz tension. At the time of writing, spot gold was trading near $4,650.30 an ounce, down 0.80%, while spot silver was trading at $83.360, down 4.58% on the session.