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Barrick's World-Class Mining Project Proceeds As Planned, 'Building Not Only Buying' CEO Says
Thursday, May 8, 2025 - 8:57am | 540The top gold producer, Barrick Mining (NYSE:GOLD), is rapidly advancing its flagship Reko Diq copper-gold project in Pakistan. While discussing Q1 earnings, CEO Mark Bristow noted the project’s positive momentum and strategic significance as a cornerstone asset for Barrick's future copper...
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Iamgold Shares Fall After Q1 Sales Miss Expectations Despite Higher Output: What's Going On?
Wednesday, May 7, 2025 - 4:08pm | 359Iamgold Corp (NYSE:IAG) shares are trading lower Tuesday following the release of the company's first-quarter 2025 financial results, which showed a significant miss on sales despite an increase in production. What To Know: The company reported revenue of $477.1 million, falling short of the $521....
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Gold Shines, Output Dims: Barrick Delivers Mixed Q1 As Production Slips
Wednesday, May 7, 2025 - 1:48pm | 572Barrick Mining Corp (NYSE:GOLD) shares are trading higher on Wednesday after it reported first-quarter revenue of $3.13 billion, up 14% year over year (Y/Y), in line with the consensus. Gold production stood at 758 thousand ounces (-19% Y/Y), and gold sales were 751 thousand ounces (-17% Y/Y). The...
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British Columbia Mining Surge Could Add $90B To Canadian Economy: Study
Tuesday, May 6, 2025 - 9:51am | 582Canada expects British Columbia to drive the next generation of mining investments. According to the 2025 Economic Impact Study, 27 projects could contribute up to $90 billion in economic activity. The report, commissioned by the Mining Association of British Columbia (MABC) and prepared by...
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Bitcoin Critic Peter Schiff Says A 'Breakout Is Near' As Gold Surges Above $3,380, Silver Starts To Perk Up
Tuesday, May 6, 2025 - 5:26am | 522Gold prices climbed above $3,380 per ounce Tuesday, reaching a new high as investors sought safe-haven assets amid escalating trade tensions. The precious metal gained $90 in Monday’s session before adding another $45 in early trading. What Happened: “Gold is up another $45 so far...
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Bitcoin Sideways, But Gold-Backed Cryptos Advance As Precious Yellow Metal Hits A Two-Week High
Tuesday, May 6, 2025 - 1:55am | 380Risk-off sentiment returned ahead of the Federal Reserve's policy meeting, sending gold and its cryptocurrency derivatives higher on Monday. What happened: Spot gold was up 0.74% to $3,358.91 per ounce as of this writing, after hitting a two-week high earlier in the session. The gains filtered down...
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Bitcoin, Gold Shine In April While Stocks, Oil Suffer— Mohamed El-Erian Flags Diverging Market Trends
Thursday, May 1, 2025 - 4:00am | 633Economist Mohamed A. El-Erian on Wednesday highlighted gains for Bitcoin (CRYPTO: BTC) and gold in April, contrasting with the declines in the stock market What Happened: El-Erian, the Chief Economic Advisor at Allianz, took to X detailing the year-to-date performance of major asset classes....
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Alkane And Mandalay Combine In A $707 Million 'Merger Of Equals'
Tuesday, April 29, 2025 - 7:44am | 530Australia's Alkane Resources (OTCPK: ALKEF) and Canada's Mandalay Resources (OTCQB:MNDJF) have announced a "merger of equals "in an all-share transaction valued at approximately AU$1.01 billion ($707 million), creating a diversified gold and antimony producer with global reach. The...
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Gold's Glitter Fades? What ETF Investors Need To Know Now
Friday, April 25, 2025 - 3:55pm | 840Following a stunning rally in which gold prices rose more than 30% this year — peaking at an all-time high of $3,500.05 an ounce — it appears that the yellow metal may be losing some of its sheen, at least temporarily. On Friday, spot gold fell almost 2%, to close at $3,283.59, and U.S. gold...
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Fartcoin Might Capture The Meme Coin Spotlight In 2025, But These Gold-Backed Cryptocurrencies Have Outpaced Its Growth In Recent Trends
Friday, April 25, 2025 - 7:21am | 454Fartcoin‘s impressive price surge has become one of the most discussed topics in the cryptocurrency world, as many are still adjusting to its unconventional branding and strong performance despite macroeconomic challenges. What happened: The Solana (CRYPTO: SOL)-based memecoin has surged by...
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Gold Now Worth 100x More Than Silver: Analysts Say It's Time To Buy The Underdog
Thursday, April 24, 2025 - 3:54pm | 1108An ounce of gold is now worth more than 100 times an ounce of silver, a rare imbalance only seen twice over the past century — and analysts say it's flashing a buy signal for silver. In 2025, gold has emerged as the undisputed leader among global asset classes, soaring to new heights while silver...
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Costco's Slim Markups Turned 1-Ounce Bars Into Instant Deals — And Sparked A $30,000 Shopping Spree For One Nervous Investor
Thursday, April 24, 2025 - 8:13am | 542Gold's sprint above $3,500 an ounce this week turned Costco's (NASDAQ:COST) bullion aisle into a treasure hunt, with some members using credit-card perks to all but mint money out of metal. What Happened: One first-time collector told Business Insider he has poured more than $30,000 into bars and...
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Newmont Reports Strong Q1 Earnings, Reaffirms Full-Year Guidance
Thursday, April 24, 2025 - 7:33am | 512Newmont Corporation (NYSE:NEM), the world's largest publicly listed gold producer, reported robust first-quarter 2025 earnings following the conclusion of the year-long portfolio optimization effort. The company posted a net income of $1.9 billion and adjusted EBITDA of $2.6 billion, significantly...
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Stocks Surge On China Tariff Hopes, Tesla Jumps, Gold Loses Shine: What's Driving Markets Wednesday?
Wednesday, April 23, 2025 - 1:27pm | 1694Risk-on sentiment dominated Wall Street on Wednesday, as upbeat earnings reports and conciliatory messages from the Trump administration helped lift investor confidence. The administration eased market fears on two major fronts that have recently weighed heavily on sentiment. On the trade front,...
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Bitcoin Reclaims Spotlight While Gold Loses Luster: The Safe Haven Standoff Continues
Wednesday, April 23, 2025 - 12:55pm | 500Bitcoin (CRYPTO: BTC) is stealing gold's thunder this week. After soaring more than 6% in 24 hours, Bitcoin reclaimed the $94,000 level. The lift was driven by a renewed "digital gold" narrative, courtesy of what Unity Wallet's James Toledano calls "renewed institutional enthusiasm." Another...