We’re only a few days away from PDAC 2025, the Prospectors & Developers Association of Canada’s yearly convention, which brings together over 25,000 attendees from over 135 countries to take the pulse of the global mining industry and identify prospective opportunities.
Click here for the full story.
By the ounce
At the time of writing on Tuesday, the price of gold sat at US$2,918 per ounce, down from US$2,949.90 in our Feb. 19 report, according to data from The Globe and Mail, primarily driven by profit taking, though upward price-pressure from U.S. President Trump’s tariff measures, U.S. dollar weakness and global central bank buying remains strong.
This week in gold
Gold is on a more than 120-per-cent run-up supporting its investment case in 2025 and over your investment lifetime.
Mandalay Resources (TSX:MND) reported record financial results for Q4 and the year ended December 31, 2024.
Lahontan Gold (TSXV:LG) shares recent developments on permitting at its Santa Fe project – 1,539,000 ounces of gold indicated and 411,000 ounces inferred – and the sale of 25 per cent of the company previously owned by Victoria Gold.
Top six trending gold stocks
- Calibre Mining (TSX:CXB) | 18,000+ views.
- New Found Gold (TSXV:NFG) | 16,000+ views.
- Laurion Mineral Exploration (TSXV:LME) | 10,100+ views.
- West Red Lake Gold Mines (TSXV:WRLG) | 9,400+ views.
- Hudbay Minerals (TSX:HBM) | 6,500+ views.
- American Creek Resources (TSXV:AMK) | 6,200+ views.
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 Mandalay Resources’ Björkdal mine in Sweden: Mandalay Resources)