Morning Briefing: Equinox Gold Shares Canadian Exploration Success

Multiple junior gold/copper explorers reported high-grade stepout drill results extending known resources as gold traded near $4,154/oz.

• Metals prices: Gold rebounded ~1% to $4,154/oz after a 4% drop the prior day; silver rose to $60.92; copper flat at $6.56.
• Bain AI report: Funding AI compute demand would require $6 trillion in annual revenue by 2031, but existing AI applications cover only $1.2–1.8 trillion, leaving a $4.2 trillion gap needing new markets like autonomous vehicles and robotics.

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