No 1 source of global mining news and opinion
Gold rose to a record high, after advancing by almost 1% in the previous session, as the opening salvos of the US-China trade war stoked haven demand.
The response from China was relatively muted compared to Trump’s first term, when Beijing hit back with tariffs that were almost on par with the US, but there’s still plenty of trepidation about the impact on the world’s two biggest economies. Markets are also waiting to see if there are any ripple effects for US monetary policy if tariffs reignite inflation. The precious metal should benefit from the uncertain outlook, although may lose some of its luster if interest rates stay high.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Gold Stocks: A Potential Outperformance Opportunity in 2024This article discusses the potential for gold and gold stocks to outperform in 2024 amidst market uncertainty. It analyzes the performance of GLD and GDX, highlighting the underperformance of gold stocks compared to gold. The article suggests that a 'catch up' trade could be in play, with gold stocks closing the gap with stronger gold prices. It also identifies Kinross Gold Corp. (KGC) as a top performer within the gold space.
Read more »
White Gold Corp. Reports Significant Increase in Mineral Resources at White Gold ProjectWhite Gold Corp. announces a technical report outlining a substantial increase in mineral resources at its flagship White Gold Project in Yukon, Canada. The report, prepared by Dr. Gilles Arseneau, P.Geo., reveals a total of 1,203,000 ounces of gold in the indicated category and 1,116,600 ounces in the inferred category.
Read more »
Calibre Delivers Record Q4 Gold Production, Valentine Mine on Track for First Gold in 2025Calibre Mining Corp. announces record fourth-quarter gold production of 76,269 ounces, exceeding full-year guidance. The company also provides an update on the Valentine Gold Mine in Canada, stating that it remains on track to produce first gold in the second quarter of 2025. Exploration activities at Valentine have yielded significant gold mineralization, prompting the addition of more drill rigs in 2025.
Read more »
Equinox Gold Sets Record for Gold Production in 2024Equinox Gold Corp. achieved record-breaking gold production in 2024, exceeding previous highs. The company attributed its success to the Greenstone mine.
Read more »
Majestic Gold Completes Acquisition of 52% Stake in Target Company and Muping Gold ProjectMajestic Gold Corp. successfully completes the acquisition of 52% ownership in the Target Company and the Muping Gold Project. The company announces the fulfillment of all conditions precedent to the share purchase agreement and the completion of equity transfers. The capital increase outlined in the agreement is progressing, with further updates to be provided.
Read more »
Barrick Gold Temporarily Suspends Operations at Mali Mining Complex Due to Gold Export RestrictionsBarrick Gold Corporation has been forced to temporarily halt operations at its Loulo-Gounkoto mining complex in Mali after the Malian government restricted the export of gold from the site. The seized gold stock is now held in a custodial bank, preventing its shipment and sale. Barrick remains committed to finding a resolution through constructive engagement with the Malian government and stakeholders.
Read more »