Auric Mining (ASX:AWJ) said on Tuesday (August 27) that it has completed the purchase of WIN Metals’ (ASX:WIN) nickel, lithium and other associated metal rights at the Munda gold project. Auric now has “sole mining rights at Munda for the next 8 years in a specified area.” The company will pay a total of AU$1.2
Gold has long been considered a store of wealth, and the gold price often makes its biggest gains during turbulent times as investors look for cover in this safe-haven asset. The 21st century has so far been heavily marked by episodes of economic and sociopolitical upheaval. Uncertainty has pushed the precious metal to record highs
Gold exchange-traded funds, or gold ETFs, have risen in popularity among investors who want precious metals exposure. ETFs are similar to mutual funds in that they track assets such as stocks, bonds, currencies or commodities; a key difference is that ETFs can be bought and sold on exchanges, making them widely accessible. They provide considerable
Rua Gold Inc. (TSXV: RUA) (OTC: NZAUF) (WKN: A4010V) (” Rua Gold ” or the ” Company “) announces that it has amended marketing contracts with two service providers and entered into one new marketing contract. In accordance with TSX Venture Exchange Policy 3.4 Investor Relations, Promotional and Market-Making Activities details of each new engagement or amendment
Gold reached yet another record high at the end of last week, crossing US$2,500 per ounce for the first time. The yellow metal stayed above that key level until experiencing a pullback on Thursday (August 22), but breached US$2,500 again on Friday (August 23) morning. Gold is seeing support from quickly increasing confidence that the
Great Southern Mining (ASX:GSN) said on Wednesday (August 21) that it has kicked off reverse-circulation drilling at its Duketon gold project, situated in Western Australia’s Eastern Goldfields region. Drilling will commence at the Golden Boulder prospect before newly defined targets at the site are tested. Acquired by Great Southern in February 2021, the Duketon property
In a Friday (August 23) speech at the Jackson Hole Economic Symposium, US Federal Reserve Chair Jerome Powell indicated that adjustments to the central bank’s benchmark rate are on the way. “The time has come for policy to adjust. The direction of travel is clear, and the timing and pace of rate cuts will depend
Explorer and developer Liberty Gold (TSX:LGD,OTCQX:LGDTF) updated investors on progress at its Idaho-based Black Pine gold project as part of its Q2 financial and operating results, released on Monday (August 12). In June, the company initiated a 20,000 meter reverse-circulation drill program aimed at expanding Black Pine’s resource base and unlocking new areas of gold
The World Gold Council’s latestgold exchange-traded fund (ETF) statistics show a sentiment shift in the west. Up until July, western investors had largely abandoned gold ETFs in 2024. Some took profits amid record gold price levels, while others favored interest-bearing assets, which have been supported by high interest rates. The council’s July data shows a
Canadian miner Barrick Gold (TSX:ABX,NYSE:GOLD) released its Q2 earnings and production results on Monday (August 12), commenting on progress at key projects, as well as its financial performance. The company’s net earnings rose by 25 percent to reach US$370 million, driven by an increase in its attributable EBITDA margin, which climbed 17 percent from the