September 29, 2023

Argonaut Gold mulls Mexican asset sale to sharpen focus on flagship Magino mine in Ontario

The company is targeting commercial production at Magino by the end of the quarter.

September 29, 2023

GDX’s chronic undervaluation

The major gold stocks dominating their sector’s flagship GDX ETF have suffered chronic undervaluation over this past year.

September 29, 2023

Embattled Scotgold puts staff on unpaid leave

The owner of Scotland’s only gold mine is in talks with an administration specialist should it fail to secure funds to continue operating.

September 28, 2023

If gold surges 140,000-fold, then asteroid mining works

Even if the industry can eventually cut expenses and jump over technological hurdles, asteroid mining will remain commercial science fiction for some time.

September 28, 2023

China gold prices plunge the most since 2020, curbing record premium

The precious metal fell 3.8% on the Shanghai Gold Exchange, with losses accelerating toward the end of the trading day.

September 28, 2023

Peru grapples with red tape that’s burying giant copper projects

Frustrations with bureaucracy that can take years to navigate were expressed at an event held in Arequipa.

September 27, 2023

Costco experiencing gold rush as 1 oz. bars become instant hit

The US retail warehousing giant is now selling 1 oz. PAMP Suisse Lady Fortuna Veriscan gold bars.

September 27, 2023

BC Supreme Court rules Mineral Tenure Act not addressing Indigenous consultation duty

The court gave the provincial government 18 months to develop a constitutionally compliant system.

September 27, 2023

Northisle stock surges to highest in a year on near-surface gold hits

The 33,000-hectare North Island property hosts a number of porphyry copper and gold occurrences at varying stages of development.

September 27, 2023

Gold price down 1% with higher Fed rate bets supporting dollar

On the flip side, gold continued to find some support from robust physical demand.