Silver Crown Royalties has partnered with Emergency Material Services to expand a US-focused silver royalty platform using structured, non-dilutive financing instead of direct mine ownership. Capital will be deployed via net smelter return royalties, gross revenue royalties and silver streaming agreements across mining, recycling, smelting and refining, giving Silver Crown exposure to production and price upside while avoiding cost overruns and technical risk. For operators, the model provides upfront funding without issuing equity, which could be attractive for brownfield expansions and mid-tier producers needing balance-sheet flexibility.

Canaccord Genuity forecasts a “material” lithium market deficit from 2026 through to at least 2035, as constrained mine investment fails to match EV battery demand growth even under scenarios of higher prices in 2027–28. The outlook assumes no further supply disruptions beyond the recent suspension of a major Chinese operation and Zimbabwe’s ban on raw lithium exports, both of which have already driven prices sharply higher. Analysts say “significant” long-term capital deployment into new hard-rock and brine projects will be required to stabilise supply.

Gold prices stabilised on Wednesday, with spot gold briefly up 1.1% before settling just above $4,700/oz after US President Donald Trump announced an extended ceasefire with Iran, easing fears of further disruption in the Strait of Hormuz. Bullion is still down more than 10% since the war began nearly two months ago, but remains 8.5% higher year-to-date and about 60% above 2025 levels. DWS Group’s Darwei Kung reports “cleaner” positioning and an overweight stance in gold, while BMO notes three weeks of consistent ETF inflows but selling pressure in Asia around $4,850/oz.