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The Market Online’s Weekly Gold Report – July 31, 2024

Jocelyn Aspa Jocelyn Aspa, The Market Online
0 Comments| July 31, 2024

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Victoria Gold (TSX:VGCX) continues shedding light on ongoing work at its Eagle mine in the Yukon where a heap leach failure at the end of June released more than 300 million litres of cyanide solution into the surrounding ecosystem.

As part of an update, the company provided a safety overview that indicated any work site exposed to risks from the spill is undergoing a “job hazard analysis” to ensure safe working conditions.

Click here for the full story.

Commodity prices

As of the time of this writing Tuesday, the price of gold sits at US$2,409.60 per ounce, which is up just slightly from $2,409.00 from last week’s update, according to data from Kitco.com.

This week in gold

  1. Cascadia Minerals (TSXV:CAM) reports high-grade prospecting results from 2024 phase-1 exploration at its Catch property in Yukon Territory.
  2. New Gold (TSX:NGD) reports a fatality at its Rainy River mine in northwestern Ontario.
  3. Juggernaut Exploration (TSXV:JUGR) begins drilling at its 100-per-cent-owned Midas property in the Golden Triangle in British Columbia.

Top six trending gold stocks

  • Victoria Gold (TSXV:VGCX)
  • New Found Gold (TSXV:NFG)
  • Tudor Gold (TSXV:TUD)
  • Kinross Gold (TSX:K)
  • American Eagle Gold (TSXV:AE)
  • Roscan Gold (TSX:ROS)

Join the discussion: Find out what everybody’s saying about mining companies and other hot topics about stocks at Stockhouse’s stock forums and message boards.

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.

(Top image generated by AI: Adobe Stock)



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