Ten-bagger stock Founders Metals (TSXV:FDR) successfully increased its ownership in the 20,000-hectare Antino gold project in Suriname from 51 to 70 per cent.
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By the ounce
At the time of writing on Tuesday, the price of gold was US$3,405 per ounce, down from US$3,368 in our June 11 report, according to data from The Globe and Mail, as the death count in the war escalating between Israel and Iran continues to rise and destabilize global markets.
This week in gold
The bullish environment for gold companies across the mining life-cycle is incentivizing investors to build positions in proven operations, with assets and leadership teams equipped to leverage rising prices into shareholder value. Pinnacle Silver and Gold (TSXV:PINN) is a name worth putting on your radar to put this thesis in play.
Westhaven Gold (TSXV:WHN) will undertake a C$3.16 million financing, including expected participation from Earthlabs (TSXV:SPOT) and Eric Sprott, one of Canada’s most storied mining investors.
NexGold Mining (TSXV:NEXG) received Industrial Approval from the government of Nova Scotia for its Goldboro gold mine, which houses billions of dollars in resources and reserves.
Top trending gold stocks
- Laurion Mineral Exploration (TSXV:LME) | 29,300+ views.
- West Red Lake Gold Mines (TSXV:WRLG) | 7,500+ views.
- New Found Gold (TSX:NFG) | 6,600+ views.
- Western Copper and Gold (TSX:WRN) | 5,700+ views.
- Tudor Gold (TSXV:TUD) | 4,800+ views.
- No other gold stocks in the top Mining Bullboards this week.
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