Precious Metals Down Over Fed Nomination; M&A Forms New Producer

Gold and silver prices continue decline! Kevin Warsh’s Fed nomination, dollar strength cited. Profit-taking accelerates drop. Goldgroup Mining to acquire Gold Resource; Mexico-focused producer formed. Guanajuato Silver announces record 75,000m drill program for 2026. Santacruz Silver reports 9% production growth. Barrick’s North American spinoff hinges on Newmont approval. Mining M&A in Canada hits decade high. Deal market driven by global transactions. Consolidation trend continues.

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