Gold Prices Approach New Record High
Stock image. Gold prices advanced to near-record levels on Friday as investors weighed US economic data and uncertainty around the Federal Reserve’s future. Spot gold rose 0.8% to $3,445.87 per ounce as of 12:40 p.m. ET, on track for its best month since April. US gold futures jumped 1.1% to $3,513.50 per ounce, just $20 […]
India Mulls Relaxing Gold Investment Restrictions in Pension Funds
Bangalore, Karnataka, India. Stock image. India’s pension regulator may look to relax its investment restrictions after calls by fund managers to boost their gold holdings in their portfolio, Bloomberg News has reported. According to sources cited by Bloomberg, retirement fund managers held a series of meetings with senior officials from the Pension Fund Regulatory and […]
Newmont Set to Implement Major Job Cuts as Part of Cost-Cutting Strategy – Report
Newmont Corp. (NYSE: NEM) is preparing a major cost-reduction plan that could lead to thousands of job losses, Bloomberg reported on Wednesday, citing people familiar with the matter. The world’s largest gold miner, which completed its $15 billion acquisition of Newcrest Mining in 2023, is targeting a reduction of as much as $300 per ounce […]
How Much Longer Can Miners Remain This Strong?
Stock image. Remember when miners were very strong relative to gold and USD in 2011? Guess what. Taking the time factor into account makes both situations even more alike. Echoes of 2011’s irrational surge Back in 2011, it was for three weeks – 15 trading days – that miners were moving higher despite the move […]
Aris Mining to Withdraw from Canada Following $25M Agreement
Diamond drilling at the Juby property. Credit: Aris Mining Aris Mining (TSX: ARIS; NYSE-A: ARMN) is set to leave Canada with the sale of its Juby gold project, its sole Canadian asset, to McFarlane Lake Mining (CSE: MLM) in an investment deal scaled up to $25 million. The deal is to see Aris become a […]
Q2 2025 Fundamentals of Gold Mid-Tier Companies
Stock image. Mid-tier and junior gold miners just finished reporting spectacular record quarterly results! In the sweet spot for sector upside potential, smaller gold miners’ fundamental performances handily bested their larger peers’. They shattered every major financial record, while also achieving superior operational results. That left their stock prices even more seriously-undervalued, portending more big […]
Gold Surge Fuels Increasing Costs for Australian Producers
Evolution managing director Lawrie Conway. Image: Diggers & Dealers. As Australian gold producers set annual guidance for the 2026 financial year, a clear trend has emerged across the sector. While miners outside the gold sector are expecting to see flat to lower unit costs for the 12 months to June 30, 2026 (FY26), gold miners […]
Gold Prices Climb 1% Following Dovish Signals from Powell
Stock image. Gold prices advanced on Friday, buoyed by rising optimism of a September rate cut following comments by Federal Reserve Chair Jerome Powell at this year’s Jackson Hole symposium. Spot gold rose 1% to $3,372.60 per ounce by 12:30 p.m. ET, the highest in nearly two weeks. US gold futures also gained 1%, trading […]
White Gold Update: Ranks Third in Yukon for Metal Content
A helicopter lowers cargo at White Gold’s namesake project in western Yukon. Credit: Blair McBride A resource update for Yukon-focused White Gold’s (TSXV: WGO) namesake project positions it among the larger undeveloped open-pit gold resources in the territory. The update raises indicated ounces by 44% to 35.1 million tonnes grading 1.53 grams gold per tonne […]
Gold Prices Rise Slightly as Market Anticipates Fed Minutes and Powell’s Speech
Gold edged higher on Wednesday as investors await the minutes of the US Federal Reserve’s last policy meeting and upcoming Jackson Hole symposium for clues on future interest rate moves. Spot gold advanced 0.8% to $3,341.56 per ounce by 11:40 a.m. ET to erase most of this week’s losses. US gold futures also gained 0.8%, […]