Barrick’s Stock Soars After Settling Dispute with Mali
Loulo-Gounkoto gold mining complex. Credit: Barrick Barrick Mining (NYSE: B; TSX: ABX) says it has reached an agreement with Mali’s government to end their dispute, removing uncertainty surrounding the operation of its Loulo-Gounkoto complex in the African nation. Its stock surged. In a press release Monday, the Toronto-based gold miner confirmed that the Malian state […]
Deutsche Bank Reinvents Gold Trading, Reports Outstanding Earnings
Stock image. Deutsche Bank AG is mounting a return to the top table of precious metals trading a decade after it all but abandoned the business, notching up significant trading profits and applying to rejoin the inner circle of banks that play a central role in the market. The bank’s precious metals traders generated well […]
Lundin Gold Strikes Additional Bonanza Grades in Ecuador
Lundin Gold’s Fruta del Norte mine in southeastern Ecuador. Credit: Lundin Gold Lundin Gold (TSX: LUG) has cut its highest-grade intercept yet at the Fruta del Norte gold mine in southeast Ecuador, as the company advances plans to bring the new Fruta del Norte South (FDNS) zone into reserves next year. Shares rose. In a […]
Bolivia Introduces Gold Bank to Regulate Chaotic Mining Boom
Bolivia’s new government plans to create a gold bank with public and private capital to ensure sustainable mining and marketing practices, Finance Minister José Gabriel Espinoza said. The administration of centrist President Rodrigo Paz, who took office this month following two decades of socialist rule, plans to continue state buying of locally mined gold but […]
CEO Tristan Pascall Discusses the Future of First Quantum Minerals
“We will always be a growth company” – Tristan Pascall, CEO of First Quantum Minerals in London The highs and lows of copper are not quite as far apart as memecoins or stonks, but in the last couple of years more than the usual number of fires have been lit and doused under the red […]
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 […]
Revival Gold Assays Enhance Economic Outlook for Mercur Project
Hugh Agro, CEO of Revival Gold, leads a site visit at the Mercur project in Utah.Credit: Henry Lazenby New drill results from Revival Gold’s (TSXV: RVG) Mercur project in Utah boost resource expansion potential beyond this year’s preliminary economic assessment, the company said. Highlight hole RM25-117 cut 44.2 metres grading 1.4 grams gold per tonne from […]
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 […]