Billionaire Family Capitalizes on India’s Gold Frenzy to Build Wealth
Stock image. Gold is having a moment in the sun and the billionaire Muthoot clan of India is reaping the benefits. Their family-run firm that’s doled out gold loans for almost nine decades is on a roll as consumers take advantage of surging bullion prices to swap jewelry for short-term cash. The boom has pushed […]
RANKED: The Top 20 Gold Projects Worldwide
Seabridge Gold with regulators on the Mitchell Deposit at the KSM Project in northwestern British Columbia. (CNW Group/Seabridge Gold Inc.) Gold bugs have been riding a scorching rally in 2025. With a gain of over 50%, gold is one of the best-performing assets year to date, buoyed by strong buying pressure from central banks and […]
Barrick Mining Explores Possibility of Dividing into Two Separate Entities
The board of Canada’s Barrick Mining has raised the possibility of splitting the company into two separate entities, one focused on North America and the other on Africa and Asia, four sources familiar with the company’s thinking told Reuters. A split could also include the outright sale of Barrick’s African assets as well as of the […]
Gold Prices Drop 3% During Market Selloff
Stock image. Gold prices tumbled over 3% on Friday amid a broader market sell-off sparked by fresh remarks from US Federal Reserve officials that dimmed hopes of another rate cut. Spot gold fell to as low as $4,034.54 per ounce during the early morning trading, erasing most of its gains from the last few sessions […]
Illegal Mining Targets East Africa Metals Sites: Report
A view of an East Africa Metals project area in Ethiopia. Credit: East Africa Metals. Rising gold prices have resulted in alleged illegal mining activities taking place at two East Africa Metals (TSXV: EAM) properties in Ethiopia’s Tigray region, The Globe and Mail reported. Although the company insists the projects remain non-operational and inaccessible, witnesses including […]
Morgan Stanley Faces Scrutiny from US House Committee Regarding Zijin Gold IPO in Hong Kong
Stock image. New York – Morgan Stanley’s underwriting of Zijin Gold International’s Hong Kong IPO placed it and its U.S. investors at risk of regulatory, financial and reputational harm, a U.S. House of Representatives committee told the bank on Thursday. Zijin Gold is a subsidiary of Zijin Mining Group, a global mining company based in China that is […]
VERSES® Closes Financing Arrangement with a Notional Value
VERSES AI Inc. has completed a non-brokered private placement, securing CAD$14,000,000 from Sorbie Bornholm LP through the issuance of 2,660,000 Units, each consisting of one subordinated voting share and half a warrant. The warrants allow for the purchase of additional shares at CAD$7.00 for 36 months. The first tranche of CAD$700,000 has been received, with […]
Gold Prices Climb as Vote to Avert US Government Shutdown Approaches
Stock image. Gold advanced more than 1% on Wednesday ahead of a key vote that could end the US government’s longest-ever shutdown, which would offer economic clarity and set the stage for the Federal Reserve’s next move. Spot gold rose 1.3% to $4,179.12 an ounce, its highest since the week of October 20, when it […]
Macro Threats to Critical Metals, New Orleans Recap, and Streamlining Your Strategies!
Macro threats to Critical metals, etc.; New Orleans wrap-up; Trim your Sails! Greetings, Investors! The U.S.G.S. has unveiled its updated list of critical minerals as you see below; and the press releases have been flying out of mining company offices! Silver, copper, uranium, phosphate and more additions have folks cheering…and believing that substantive and economically […]
SSR Mining Extends Colorado Gold Mine’s Lifespan by 12 Years
A view of the Cripple Creek & Victor (CC&V) gold mine in Colorado. Credit: Newmont. SSR Mining (Nasdaq, TSX: SSRM) said a new technical study for the recently acquired Cripple Creek & Victor (CC&V) gold mine in Colorado extends the asset’s mineral reserve estimate and projected life. CC&V’s mineral reserves are now estimated at about 2.8 […]