Vista Gold (TSX:VGZ) is right-sizing development of its Mount Todd gold project in Australia, one of the world’s largest undeveloped gold resources housing over 9 million ounces, to better capitalize on the metal’s price hovering around all-time-highs.
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By the ounce
At the time of writing on Tuesday, the price of gold sat at US$3,026.10, down from US$3,042.60 per ounce in our March 19 report, according to data from The Globe and Mail, as Trump’s global tariff war continues to roil equity markets.
This week in gold
Palisades Goldcorp (TSXV:PALI), the third-largest landholder in Nevada, changed the name of its Nevada subsidiary from NV King Goldlands to Made in America Gold, aligning operations with Trump’s executive order to bolster domestic critical mineral production.
Gold Reserve’s (TSXV:GRZ) C$7.1 billion bid for PDV Holding, the indirect parent company of CITGO Petroleum, was rejected by the U.S. District Court for the District of Delaware.
Golden Cariboo Resources (CSE:GCC), a British Columbia-based junior miner, discovered two large gold in MMI soil anomalies beyond previous exploration at its Quesnelle gold and quartz property.
Top six trending gold stocks
- New Found Gold (TSXV:NFG) | 30,400+ views.
- Fortune Minerals (TSX:FT) | 9,200+ views.
- Laurion Mineral Exploration (TSXV:LME) | 8,700+ views.
- West Red Lake Gold Mines (TSXV:WRLG) | 7,700+ views.
- Maritime Resources (TSXV:MAE) | 7,200+ views.
- Calibre Mining (TSX:CXB) | 7,000+ views.
Join the discussion: Find out what everybody’s saying about the stories in this week’s report and gold reaching an all-time-high of more than US$3,000 per ounce on Stockhouse’s stock forums and message boards.
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(Top image: Adobe Stock)