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 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
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
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
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
Regardless of how the gold price is doing, the top gold-mining companies are always making moves. Right now, the yellow metal is in the limelight — stimulated by increasing global inflation, geopolitical turmoil and recession fears, the price of gold set records in 2024, breaking through the US$2,450 per ounce mark. Rising demand for gold
Don Durrett of GoldStockData.com weighed in on the recent market meltdown, saying he sees it as another indicator that the US economy is in trouble and heading toward a recession as the year continues. “I think that we’re going to see kind of like a 2008 scenario where you start seeing big events,” he explained.
Brett Heath, CEO and director of Metalla Royalty & Streaming (TSXV:MTA,NYSEAMERICAN:MTA), believes gold is only at the beginning of its current cycle, with US$2,600 to US$3,000 per ounce potentially in sight this year. “We’ve seen one of the most significant breakouts we’ve ever seen in gold, and there’s very, very few people in this trade,”
If you’ve been watching the gold space in recent years, you may know that the precious metal has appreciated in value by over 750 percent since 2000, when it was under US$300 per ounce. Even when adjusting for inflation, the value of gold is still up a significant 350 percent over that period. Given that