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MONTAGE GOLD SETS SHORT-TERM DISCOVERY TARGET OF MORE THAN 1 MILLION OUNCES OF HIGHER-GRADE M&I RESOURCES
Prnewswire· 2024-10-07 11:00
Figure 9: Korotou Trend auger drilling campaign and assays results (CNW Group/Montage Gold Corp.)Figure 9: Korotou Trend auger drilling campaign and assays results (CNW Group/Montage Gold Corp.) APPENDIX 1: Koné mineralisation trends and target rankings and locations (CNW Group/Montage Gold Corp.) APPENDIX 1: Koné mineralisation trends and target rankings and locations (CNW Group/Montage Gold Corp.) 2024's first drill campaign was completed at the end of July, totalling 30,170 metres at a cost of approximat ...
Twiga Partnership Leads Extractive Industry's Contribution to Tanzanian Economy
GlobeNewswire News Room· 2024-10-05 12:00
All amounts expressed in US dollars unless stated otherwise BULYANHULU, Tanzania, Oct. 05, 2024 (GLOBE NEWSWIRE) -- The Twiga partnership between Barrick Gold Corporation (NYSE:GOLD)(TSX:ABX) and the Tanzanian government is contributing 51% of the government's revenue from the extractive industry, according to the latest report of the Tanzania Extractive Industry Transparency Initiative. Twiga comprises the North Mara and Bulyanhulu gold mines. Both mines also led the industry's safety performance, with Bul ...
Barrick Gold Stock Trading Cheaper Than Industry: Buy or Hold?
ZACKS· 2024-10-04 20:01
Barrick Gold Corporation's (GOLD) stock looks attractive from a valuation perspective. GOLD is currently trading at a forward price/earnings of 12.68X, a roughly 17.7% discount when stacked up with the industry average of 15.41X. It also has a Value Score of A. GOLD is currently trading at a roughly 6% discount to its 52-week high of $21.21, reached on Sept. 26, 2024, as gold prices catapulted to an all-time high on monetary policy easing and heightened geopolitical tensions. Barrick's cheap valuation shoul ...
Lumwana's Super Pit Expansion Officially Launched
GlobeNewswire News Room· 2024-10-02 18:51
All amounts expressed in US$ LUMWANA, Zambia, Oct. 02, 2024 (GLOBE NEWSWIRE) -- Barrick Gold Corporation (NYSE:GOLD) (TSX:ABX) – The development of a Super Pit at Barrick's Lumwana copper mine was officially launched today by the Zambian President, His Excellency Hakainde Hichilema, accompanied by members of his cabinet. The feasibility study for the Super Pit Expansion is expected by the end of the year, paving the way for construction to start in 2025. Once completed, the $2 billion project1,4 unlocks the ...
Ready for Growth? Barrick Gold Stock Could Be the Answer
MarketBeat· 2024-10-02 11:45
Barrick Gold Today GOLD Barrick Gold $20.30 +0.41 (+2.06%) 52-Week Range $13.76 ▼ $21.21 Dividend Yield 1.97% P/E Ratio 24.76 Price Target $23.60 Add to Watchlist With gold prices reaching a new peak of $2,653.98 per troy ounce, marking a significant year-to-date surge of 28.71%, investors understandably turn their attention to the gold market and the companies poised to benefit from this upward trend. As a traditional safe haven investment, gold often attracts investors seeking to hedge against inflation a ...
NEW GOLD PROVIDES NOTICE OF RELEASE OF THIRD QUARTER 2024 RESULTS AND CONFERENCE CALL
Prnewswire· 2024-10-02 10:30
TORONTO, Oct. 2, 2024 /PRNewswire/ - New Gold Inc. ("New Gold" or the "Company") (TSX: NGD) (NYSE American: NGD) is providing notice that it will release its third quarter 2024 operational and financial results after market close on Tuesday, October 29, 2024. The Company will host its third quarter 2024 earnings conference call and webcast on Wednesday, October 30, 2024 at 8:30 am Eastern Time. Third Quarter 2024 Conference Call and Webcast Participants may listen to the webcast by registering on our websit ...
Gold Rally Continues: 3 Top Ranked Mining Stocks to Buy Now
ZACKS· 2024-09-30 20:25
The bull market in gold is well underway, yet surprisingly few investors seem to be paying attention. If anything, there are more doubters out there today, with traders predicting a sharp reversal. However, those closely watching the market know that gold prices have been on a steady climb over the past two years. In fact, over this period, gold has outperformed the S&P 500, delivering a return of nearly 60%. With considerable geopolitical uncertainty and central banks around the world adding to their gold ...
Barrick and Mali Reach Agreement to Settle Disputes
GlobeNewswire News Room· 2024-09-30 18:35
BAMAKO, Mali, Sept. 30, 2024 (GLOBE NEWSWIRE) -- Barrick Gold Corporation (NYSE:GOLD) (TSX:ABX) and the government of Mali have agreed to find a global resolution to the existing claims and disputes between the government and Barrick's Loulo and Gounkoto gold mining companies. Details of the agreement, based in essence on Barrick's original proposals, will be made public once the terms of the settlement have been finalized. Barrick president and chief executive Mark Bristow said the company's mutually benef ...
EUROCOMMERCIAL PROPERTIES N.V.: BUYBACK PROGRAMME COMPLETED, EPRA GOLD AWARDS AND LATEST STORE OPENINGS IN CAROSELLO
GlobeNewswire News Room· 2024-09-30 16:57
Date: 30 September 2024 Release: After closing of Euronext Please open the following link to read the full report including annexes: Attachment ...
Barrick Gold Corporation (GOLD) Hit a 52 Week High, Can the Run Continue?
ZACKS· 2024-09-27 14:16
Have you been paying attention to shares of Barrick Gold (GOLD) ? Shares have been on the move with the stock up 3.4% over the past month. The stock hit a new 52-week high of $21.21 in the previous session. Barrick Gold has gained 16.1% since the start of the year compared to the 3.4% move for the Zacks Basic Materials sector and the 32.3% return for the Zacks Mining - Gold industry. What's Driving the Outperformance? The stock has an impressive record of positive earnings surprises, as it hasn't missed our ...