Category Archives: Mineral processing
Gold VS Oil Price Performance
April 02/2026
Gold & Oil Price Predictions if Iran War Drags On
If the Iran conflict stretches into summer, we could expect oil to punch through $120/bbl fairly easily—Goldman pegs $14+ risk premium from Hormuz chaos alone, with Bank of America eyeing $150/barrel if infrastructure stays damaged and they are not able to begin repairs or damage increases.
Juniors in exploration and production can be expected to maintain high investor interest levels given the elevated mineral prices and elevated demand.
“Picks and shovels’ companies, or suppliers to the industry such as innovative clean-tech mineral processing companies like
RZOLV Technologies Inc. (RZL.V-RZOLV-OTC) should get a double boost from sky-high energy costs and gold’s inevitable safe-haven snapback in price to $5,500–$6,500/oz.
Canadian resource plays remain positioned to outperform, especially with AI creating frightful job loss conditions.
Big Tech and especially software focused companies have been particularly hard hit in the markets in recent months.
Big Tech and especially software focused companies have been particularly hard hit in the markets in recent months.
Oil delivery problems from Strait of Hormuz continue to create supply risks (20% global supply) and Iranian export halts, with $15–$25/bbl premiums may turn into sustained disruptions. Gold gains as a result of the flight to safe-haven amid inflation/energy shocks, though dollar strength caps early upside—
Remember historical crises like 1979 Iran Revolution saw 150% spikes in the price of oil.
Base Brent $100+ persists even post-ceasefire due to infrastructure damage.
Base Brent $100+ persists even post-ceasefire due to infrastructure damage.