Swiss gold exports to China drop 67% in April

Hochschild already has an operating gold mine in Brazil, Mara Rosa, which reached commercial production in May.

The miner and trader's own sourced copper production fell 4% to 705,200 metric tons, while its own sourced cobalt output fell 18% to 26,500 tons.

“Under a Trump-win scenario, markets are focused on the implications of wider tariffs, as well as inflationary pressures as a result of such tariffs.”

Investment flows from the West, including more high-net-worth individuals, helped offset waning appetite from Asia.