On Friday Artemis Gold (TSXV:ARTG) opened the Blackwater mine, Canada’s newest gold and silver mine, located 110 km southwest of Vanderhoof, British Columbia.
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By the ounce
At the time of writing on Tuesday, the price of gold was US$3,377.70, up from US$3,294.20 per ounce in our May 28 report – according to data from The Globe and Mail – coinciding with the OECD’s reduced global economic growth forecast to 2.9 per cent in 2025 and 2026, down from 3.1 and 3 per cent, respectively.
This week in gold
Foran Mining (TSX:FOM) has taken numerous strategic measures to protect its robustly mineralized McIlvenna Bay copper-zinc-gold-silver project in Saskatchewan from ongoing wildfires.
Vista Gold (TSX:VGZ) will soon release a new feasibility study expected to radically cut development costs at its Mt. Todd gold project in Australia, likely helping the stock add on to its multi-bagger momentum over the past year. The project is estimated to house 6.98 million ounces of gold in proven and probable reserves.
Grande Portage Resources (TSXV:GPG) may be able to cut costs thanks to a new ferry terminal being built by the Alaska Department of Transportation & Public Facilities. Grande Portage’s nearby New Amalga project is estimated to house almost 2 million ounces of gold and over 1.2 million ounces of silver indicated plus inferred.
Top trending gold stocks
- New Found Gold (TSX:NFG) | 12,900+ views.
- West Red Lake Gold Mines (TSXV:WRLG) | 7,500+ views.
- Laurion Mineral Exploration (TSXV:LME) | 6,900+ views.
- Fortune Minerals (TSX:FT) | 4,000+ views.
- No other gold stocks in the top Mining Bullboards this week.
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