Venezuela is simultaneously reshaping its mining landscape, launching a U.S.-backed military campaign against criminal syndicates entrenched in its southern gold-rich jungles. By providing intelligence and technological support to the interim government in Caracas, the U.S. aims to stabilize the region for future American investment, marking a significant strategic pivot for the former adversaries.

Corporate activity remains tied to these broader trends. Alamos Gold shares rose following exploration success at its Island mine in northern Ontario. The company confirmed that new surface and underground drilling identified high-grade mineralization, which will supply the expanded Magino mill. Despite the optimism surrounding potential Middle East de-escalation, ING Economics analysts warn that the global aluminum deficit will likely persist, offering little relief to supply-constrained markets in the near term.