bodnarchuk/iStock via Getty Images Caledonia Mining’s (NYSE:CMCL) Q2 gold production at Blanket Mine in Zimbabwe was 20,773 ounces, a 19% increase from the year-ago period, it said on Wednesday. H1 2024 gold production at Blanket was 37,823 ounces, a 13% increase on the 33,472 ounces produced in the first halfContinue Reading
monsitj/iStock via Getty Images U.S. gold futures fell sharply on Monday in apparent profit-taking by investors after last week’s rally over expectations that the Federal Reserve could reduce interest rates in September. Also, China’s central bank refrained from gold purchases to its reserves for a second straight month in June,Continue Reading
monsitj/iStock via Getty Images Gold futures extended recent gains to jump to six-week highs Friday, as the June jobs report that showed an increase in the unemployment rate to 4.1% was seen as a sign that high interest rates are slowing down the economy. There were other indications that couldContinue Reading
brytta/E+ via Getty Images Victoria Gold (OTCPK:VITFF) -8.4% in Toronto trading Friday after Yukon’s energy minster said elevated levels of cyanide have been detected in a waterway following last week’s collapse of the heap leach pad and slide of ore at the Eagle gold mine. The stock plunged more thanContinue Reading
Fremont Gold (TSXV:FRE:CA) has announced a non-brokered private placement of up to 10M units at a price of C$0.10/unit for gross proceeds of up to C$1M. Each Unit will comprise one common share of the Company and one half of one share purchase warrant. Each whole share purchase warrant willContinue Reading
monsitj/iStock via Getty Images Gold futures rallied Wednesday to the highest in nearly a month, as the dollar slumped on renewed hopes for a September interest rate cut by the Federal Reserve following U.S. data suggesting a softening labor market. The U.S. reported first-time applications for unemployment benefits increased lastContinue Reading
Newcore Gold (OTCQX:NCAUF) has received total proceeds of approximately $3.3 million from the exercise of 16,666,666 common share purchase warrants of the company which expired on June 28, 2024, the company said Wednesday. The Warrants had an exercise price of $0.20 and were originally issued on June 28, 2023 followingContinue Reading
G.E.T.T Gold (TSXV:GETT:CA) said the company has received approval of the TSX Venture Exchange for the consolidation of the company’s issued and outstanding common shares on the basis of one new common shares for every ten existing common shares. The company’s common shares will begin trading on the exchange onContinue Reading
SimoneN/iStock via Getty Images Freeport McMoRan (NYSE:FCX) shares wobble between small gains and losses Tuesday after the copper producer guided for Q2 consolidated sales volumes nearly 5% below its April forecast of 975M lbs of copper and ~30% below its outlook for 500K oz of gold, citing the delay inContinue Reading
FeelPic Gold prices (XAUUSD:CUR) ticked lower on Tuesday, pressured by a firmer U.S. dollar index (DXY), while oil prices edged up on hopes of better demand during summer and rising geopolitical tensions. A strong dollar causes the gold price to rise in other currencies, leading to selling pressure, while higherContinue Reading
