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The Market Online’s Weekly Gold Report – July 10, 2024

Jocelyn Aspa Jocelyn Aspa, The Market Online
0 Comments| July 10, 2024

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Cyanide was detected near Victoria Gold’s (TSX:VGCX) Eagle Gold Mine in Yukon Territory in the aftermath of the June 24 landslide and failure of a heap leach pad at the property.

Yukon’s energy and mines minister John Streicker said samples taken from the mine’s site indicated a cyanide presence of 8.58 mg per litre, which is much higher than the allowed levels of 0.005 mg per litre or five parts per billion.

Click here for the full story.

G Mining Ventures Announces First Gold Pour at Tocantinzinho Project

Commodity prices

As of the time of this writing Tuesday, the price of gold sits at US$2,363.40 per ounce, which is up 0.29 per cent over a one-week period, according to data from Kitco.com.

This week in gold

  1. New Found Gold (TSXV:NFG) completes its purchase of Labrador Gold’s Kingsway Project in Newfoundland.
  2. Relevant Gold (TSXV:RGC) has entered into an agreement with Kinross Gold (TSX:K) for the purpose of a $1.53 million private placement
  3. BULGOLD (TSXV:ZLTO) has begun exploration diamond drilling at the Lutila Gold Project in Slovakia.

Top six trending gold stocks

  • Victoria Gold (TSXV:VGCX)
  • New Found Gold (TSXV:NFG)
  • Laurion Minerals Exploration (TSXV:LME)
  • Fortune Minerals (TSX:FT)
  • G Mining Ventures (TSX:GMIN)
  • Wesdome Gold Mines (TSX:WDO)

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The material provided in this article is for information only and should not be treated as investment advice. For full disclaimer information, please click here.



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