Newmont (NEM) raised its all-stock takeover bid for smaller Australian rival Newcrest Mining (NCMGY), seeking to fortify its position as the world’s largest gold producer. NEM stock fell Tuesday. Under the revised terms, Newcrest shareholders […]
Bills introduced in the Texas House and Senate would create a state-issued, gold-backed digital currency. Enactment of this legislation would create an option for people to transact business in sound money, set the stage to […]
The stock market was jolted lower amid new jobs data Tuesday. With recession fears rising, gold stocks popped as treasury yields tumbled. The Nasdaq composite ended the day 0.5% lower. Still, it remains down less […]
Authored by Austin Mann via Knowledge Leaders Capital blog, The Federal Reserve’s balance sheet grew by $394B in the past two weeks. In the context of all G4 central banks, this move alone erases half […]
Gold prices backed off from the key $2,000 level on Monday as investors assess the health of the global banking sector, even as increasing bets of a Federal Reserve rate pause kept bullion near a […]
Gold prices rebounded on Wednesday as a new crisis in the banking sector turned investors away from seemingly riskier assets and drove them to the safety of bullion. Spot gold traded 1% higher at […]
New Found Gold (TSXV: NFG) has added vertical dimension to the new Iceberg discovery at its 100%-owned Queensway project in Newfoundland with a high-grade intercept of 49.7 g/t gold over 29.85 metres drilled below the […]
Gold prices surged on Monday as the metal’s safe-haven appeal drew in investors spooked by the collapse of Silicon Valley Bank, with the crisis also sparking hopes the US Federal Reserve would have to […]
Wesdome Gold Mines (TSX: WDO) has provided updated mineral resource and reserve estimates for its two underground assets: the 100% owned Kiena mine complex in Val d’Or, Quebec, and the Eagle River mine near […]
Management changes this week: Earthlabs announced Vincent Dubé Bourgeois as president. Iamgold announced Renaud Adams as president and CEO, effective April 3, 2023. Lundin Gold named Terrence Smith as COO and Chester See as […]
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