Ryan Stancil,
Editor
March 30, 2026
Commodity Callout
Lithium was one of the few commodities to see a price rise in the past week, thanks to a policy change out of China.
Metal Price Update
Gold — There is always a chance things could change, especially in light of a chaotic event like a war, but for now, the price of gold seems to be recovering. It started the week around $4,370 per ounce and ended just about $4500. The market may finally be waking up to gold’s status as a safe haven.
Silver — Silver could be on the same path, but taking longer to get there. It started the week at just under $70 per ounce and moved up at one point, just shy of $75 before settling around the price where it started. It’s one to watch and stock up on now while you still have the chance.
Copper — Copper was on a similar path, starting and ending the week around $5.50 per pound after some hopeful upward movement. Higher energy prices hindering growth are the biggest barrier to copper prices moving forward, but the demand isn’t going to go away.
Lithium Carbonate — Lithium prices climbed, regaining lost ground in the past week. They started the week around $21,200 per metric ton and ended around $22,800. China announced that it was ending VAT export rebates on battery products, causing buyers of Chinese lithium to consider seeking other sources. This creates an opportunity for competitors, but supply has gotten tighter in the meantime.
Uranium — Uranium largely held stable, around $84.40 per pound. Investors seem to have largely cooled on uranium, but like copper, demand isn’t going to change and the price is poised to go up sooner than later.
Company Callout
One company stood out this week based on a single point of good news. Cosa Resources (TSX-V: COSA)(OTC: COSAF) recently reported positive results from its Murphy Lake North Project located in Canada’s Athabasca Basin. The 5.0 metres of anomalous radioactivity point to a significant discovery and the market reacted immediately. The news was announced on March 24, at a time when the stock price was around C$0.46. By March 27, the price had moved up to C$0.63.
That just goes to show you how much one significant piece of news can move a single stock price. It’s also important to consider that this is happening while uranium prices are largely in a holding pattern, so the company’s value is poised to climb even higher when the price of the commodity itself climbs.
Encouraged by the results, the company is going to continue testing the area. These results, along with the company’s healthy financial standing and seasoned company leadership, put it in prime position to be at the forefront of the uranium sector once things start to move in the right direction there.
Learn more about the company, its leadership, and its assets in the pages of Junior Resource Speculator by clicking here.
Keep your eyes open,
Ryan Stancil
Editor, Resource Stock Digest