The rally in energy-based commodities is gaining momentum thanks to artificial intelligence data center demand, heightening prospectivity for Globex Mining (TSX:GMX), an explorer whose portfolio addresses every major energy requirement.
Click here for the full story.
By the ounce
At the time of writing on Tuesday, the price of gold sat at an all-time-high of US$2,949.90 per ounce, up from US$2,931 in our Feb. 12 update, according to data from The Globe and Mail.
This week in gold
B2Gold (TSX:BTO) purchased 484,239 shares of Founders Metals (TSXV:FDR) for C$5.30 per share, representing a C$2.57 million investment in the junior gold explorer.
Arizona Gold & Silver (TSXV:AZS) reported continuous gold mineralization with the potential for bulk-mineable grades on its Philadelphia project in northwestern Arizona.
i-80 Gold (TSX:IAU;NYSE:IAUX) published a preliminary economic assessment for its Archimedes underground project within its broader Ruby Hill complex in Nevada.
Top six trending gold stocks
- Laurion Mineral Exploration (TSXV:LME) | 20,600+ views.
- New Found Gold (TSXV:NFG) | 18,300+ views.
- Maritime Resources (TSXV:MAE) | 6,700+ views.
- American Creek Resources (TSXV:AMK) | 5,800+ views.
- Calibre Mining (TSX:CXB) | 5,600+ views.
- No other gold stocks in the top 10 mining bullboards this week. See you next week!
Join the discussion: Find out what everybody’s saying about gold stocks and the stories in this week’s report on 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 photo of April 2024 drilling at the Philadelphia project: Arizona Gold & Silver)