Commodity futures
Ventura Securities, a leading brokerage firm, has predicted that gold prices could climb to USD 3,600 per ounce by the end of December 2022, driven by global economic headwinds, geopolitical risks, and robust investment demand. This forecast is based on the firm's latest outlook, which highlights the
Mining industry
As global gold prices have skyrocketed, fuelling a lucrative black market trade, thousands of impoverished wildcat miners are being exploited deep in South Africa's disused mines. Organised crime groups from across sub-Saharan Africa and beyond are piling into illicit mining, feeding a trade worth tens of billions of
Mining industry
The gold price remains on an upward momentum, with analysts forecasting a potential $4,000 per ounce price by year-end, according to Fidelity. Gold mining majors are expecting bumper profits as gold's prices and volumes surge, leading to a significant gain in gold miners' shares on the
Gold
Gold prices in India have witnessed a modest decline over the past day, with 24-karat gold selling at Rs 10,015 per gram, 22-karat gold at Rs 9,180 per gram, and 18-karat gold at Rs 7,511 per gram. This comes as the global market grapples with rising economic
Mining industry
Odisha, a state in eastern India, is undergoing a significant transformation in the mining sector, with the confirmation of substantial gold reserves across multiple districts. According to Mines Minister Bibhuti Bhushan Jena, significant deposits of gold have been identified in several areas, including Deogarh's Adasa-Rampalli region, Sundargarh, Nabarangpur,
Mining industry
A convergence of bullish forces is expected to propel gold prices toward historic heights, with Wall Street's most prestigious investment banks raising their forecasts. This supercycle is expected to extend far beyond current price levels, driven by record-breaking momentum, traditional safe-haven demand, and aggressive central bank accumulation. Major
Gold
G Mining Ventures Corp. (TSX: GMIN, OTCQX: GMINF) has released its financial and operational results for the three and six months ended June 30, 2025, showcasing a remarkable quarter for the company. The highlights include a significant increase in gold production, record free cash flow generation, and strong profitability. The
Mining industry
Record-breaking momentum in the global gold market is leading to bullish forecasts from Wall Street's top investment banks, with some targeting prices of up to US$4,000 per ounce by mid-2026. As central banks accumulate gold aggressively and geopolitical uncertainties mount, traditional safe-haven demand is converging with
Commodity futures
Analysts are claiming that gold equities are still undervalued despite the recent sector momentum, with gold miners having earned double the profits of 2011. This year, the Sprott Gold Miners ETF (SGDM) has seen a significant increase of over 70%, confirming the yellow metal's momentum with more upside
Mining industry
Barrick Mining Corporation reported its 2Q25 results, with revenue growth driven by positive trends in the gold market, but a significant drop in sales volume due to an impairment charge related to the loss of control of a mine in Mali. Despite the revenue growth, the company's sales
Mining industry
Caledonia Mining Corporation PLC delivered a stellar second quarter at its flagship Blanket Mine in Zimbabwe, setting new records for production, profitability, and cash generation. The company's results, highlighted by Cavendish Capital Markets, show a remarkable turnaround in profitability, with second-quarter earnings exceeding full-year profits from recent years.
Commodity futures
Lake Victoria Gold (TSXV: LVG) (OTCQB: LVGLF) is making significant progress in its goal to become Tanzania's next gold producer. The company has advanced the construction of a 120 tonne-per-day carbon-in-pulp (CIP) circuit at its Nyati Resources' processing plant, with commissioning expected to begin within the next
