Gold stock sentiment neutral

The new inferred resource estimate raised tonnage by 62% compared with figures from 2021.

The two partners have only just ended a long-running tussle over the underground expansion of the mine.

The latest data likely sets the tone heading into the Fed’s policy-setting committee’s two-day meeting next week.

Barrick Gold remains the country's biggest producer with output reaching 23 tonnes last year.

The biggest new mine proposal is the Seabridge Gold KSM project in the province's northwest.

The project, located in northern Mexico, is forecast to produce 33 million tonnes of silver-equivalent over an 18-year mine life.

Equinox says Greenstone is over 66% complete and on schedule to pour gold in the first half of 2024.

Fortuna’s Mexican subsidiary, recently initiated legal proceedings to contest and revoke the annulment of the EIA.

Duncan Middlemiss has resigned after the Kiena mine upgrade in Quebec fell behind schedule and the company missed production goals.