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Best Income Stocks to Buy for January 26th
ZACKS· 2026-01-26 13:01
Group 1 - Simmons First National Corporation (SFNC) has seen a 5.2% increase in the Zacks Consensus Estimate for its current year earnings over the last 60 days and offers a dividend yield of 4.2%, significantly higher than the industry average of 2.1% [1] - Teekay Tankers Ltd. (TNK) has experienced a 12.1% increase in the Zacks Consensus Estimate for its current year earnings over the last 60 days, with a dividend yield of 1.6%, above the industry average of 1.1% [2] - AngloGold Ashanti Limited (AU) has had a 21.8% increase in the Zacks Consensus Estimate for its next year earnings over the last 60 days [2] Group 2 - Another Zacks Rank 1 company has a dividend yield of 3.4%, compared to an industry average of 0.0% [3]
Fatality at Coringa Mine
Globenewswire· 2026-01-26 13:00
Fatality at Coringa Mine Serabi Gold plc (“Serabi” or the “Company”) (AIM:SRB, TSX:SBI, OTCQX:SRBIF), the Brazilian focused gold mining and development company, regrets to announce an accident occurred resulting in a fatality at its Coringa underground operation on 25 January 2026. The accident was related to mining activity at a production face. No other personnel were injured in the incident. The Company has notified the relevant authorities, including the police, and are providing all necessary assistanc ...
Rio2 Announces Gold Pour at Fenix Gold Mine
Globenewswire· 2026-01-26 13:00
Core Viewpoint - Rio2 Limited has successfully completed its first official gold pour at the Fenix Gold Mine in Chile, marking a significant milestone in its operations and development [1][2]. Group 1: Operational Milestones - The first gold pour yielded approximately 897 ounces of gold, in addition to about 358 ounces produced during the plant commissioning process in December, totaling approximately 1,255 ounces of gold [2]. - The combined gold pours also produced approximately 131 ounces of silver, establishing Fenix Gold as the newest gold mine in Chile [2]. Group 2: Future Production Plans - Rio2 aims to ramp up operations at Fenix Gold to 20,000 tonnes per day of ore by the end of 2026, targeting gold production of 60,000 to 70,000 ounces for the year [3][6]. - The company plans to provide further updates on project progress and guidance as mining and gold production continue throughout 2026 [6]. Group 3: Leadership Commentary - Alex Black, Executive Chairman, emphasized the achievement as a culmination of an eight-year journey since the merger with Atacama Pacific Gold Corporation, highlighting the team's discipline and determination [4]. - Andrew Cox, President and CEO, expressed pride in the team's accomplishment during a short 14-month construction period, focusing on safe and efficient ramp-up operations [4][6]. Group 4: Company Overview - Rio2 is committed to high environmental standards and responsible development, aiming to balance social, environmental, and economic factors in its mining projects [8]. - The company is focused on the development and mining operations of the Fenix Gold Mine, with a strong emphasis on technical skills and capital markets success [8].
Bullion Gold Acquires 100% of the Terragold Project and Consolidates a Strategic Gold Asset
TMX Newsfile· 2026-01-26 12:45
Montreal, Quebec--(Newsfile Corp. - January 26, 2026) - Bullion Gold Resources Corp. (TSXV: BGD) ("Bullion Gold" or the "Company") is pleased to announce the signing of an amendment to the original acquisition agreements for the Transterre and Transterre-Ouest properties, now unified under the name Terragold Project.A Streamlined Transaction for Increased Value To finalize the complete (100%) acquisition of Terragold, the Company will issue a total of 3.5 million common shares. This revised agreement allow ...
ONGold Returns 14.59 g/t Au over 9.6 m (core length) From Re-logging Program at Monument Bay Gold-Tungsten Project and Awards Contract to Prepare Updated NI 43-101 Mineral Resource Estimate
TMX Newsfile· 2026-01-26 12:30
Core Viewpoint - ONGold Resources Ltd. has engaged SRK Consulting to prepare an updated mineral resource estimate for gold and tungsten at the Monument Bay project, highlighting significant exploration potential and resource expansion opportunities [1][5][6]. Group 1: Project Overview - The Monument Bay project is located in northeastern Manitoba and features a 4.2 km strike length along the Twin Lakes Shear Zone, with over 233,000 meters drilled across more than 800 diamond core holes [1][3]. - Historical estimates indicate approximately 2.3 million gold ounces in the "Measured" and "Indicated" categories and 720,000 gold ounces in the "Inferred" category, based on a gold price of US$1,200 per ounce [3][15]. Group 2: Exploration and Drilling Activities - The main deposit has been tested by 615 holes totaling 172,147 meters, with significant potential for resource expansion as it remains open at depth and largely untested below 300 meters [2][5]. - A total of 41 drill holes were relogged in 2025, with additional drilling currently underway, including 59 historical drill holes totaling 18,000 meters not previously integrated into resource estimates [4][5]. Group 3: Assay Results and Resource Assessment - Recent assay results from the 2025 summer program show notable gold grades, including 14.59 g/t Au over 9.60 meters in the Lake Shoot and 1.94 g/t Au over 14.14 meters in the Simmons Shoot [4][10]. - The updated resource estimate will incorporate missing historical tungsten and gold assay results, enhancing the overall geological understanding of the deposit [5][6]. Group 4: Market Context and Economic Outlook - The current gold price exceeds US$4,800 per ounce, significantly improving the economic outlook for the Monument Bay project, especially with tungsten's designation as a critical mineral by multiple governments [5][8]. - The demand for tungsten is driven by ongoing geopolitical tensions, industrial manufacturing needs, and the clean energy transition, with over 80% of the world's tungsten supply sourced from China [11][8]. Group 5: Company Background - ONGold Resources Ltd. holds significant exploration assets in Northern Ontario and Manitoba, including the Monument Bay Gold-Tungsten Project, which is positioned in one of Canada's most prolific gold-producing regions [27].
Great Pacific Gold Delivers Further High-Grade Intercepts at Sinivit and Outlines District-Scale 2026 Drill Program at Wild Dog
TMX Newsfile· 2026-01-26 12:30
Core Insights - Great Pacific Gold Corp. has announced significant drilling results from its flagship Wild Dog Project in Papua New Guinea, highlighting the potential for high-grade gold and copper mineralization [1][31]. Drilling Progress and Results - Diamond drilling commenced in May 2025, focusing on the Sinivit target within the 15 km Wild Dog structural corridor, with 16 holes drilled over 3,000 meters [2][31]. - Notable results include WDG-08 with 8.4 meters at 50.1 g/t AuEq and WDG-14 with 9.5 meters at 13.75 g/t AuEq, particularly strong results from the Northern Sulphide Shoot [2][31]. - The first drill rig will continue to operate at Sinivit, while a second rig is set to test additional high-priority targets along the corridor, including Kasie Ridge, Kavasuki, and Mengmut [5][31]. Future Exploration Plans - The company plans to expand drilling at the Northern Sulphide and Southern Oxide shoots while also exploring new targets, with the second rig expected to arrive on February 4, 2026 [8][31]. - Kasie Ridge has been identified as a high-priority target, with potential for a large-scale high-sulphidation epithermal system, supported by recent geophysical data [7][14]. Geological Evidence and Potential - Geological evidence suggests that the advanced argillic alteration cap at Kasie Ridge could indicate significant mineralization at depth, consistent with major epithermal or porphyry-related systems [17][31]. - Kavasuki and Mengmut are also recognized for their potential to deliver new discoveries, with historic drilling at Kavasuki showing high-grade gold mineralization over a 900-meter strike length [18][20]. Summary of Drilling Results - Since May 2025, the company has completed 16 drill holes at Sinivit, with hole 17 currently in progress, and key assay results have been documented [22][25]. - The drilling program is expected to continue into 2026, reflecting the company's commitment to sustained exploration activity [31].
Thunder Gold Announces Mineral Resource Estimate for the Tower Mountain Property
TMX Newsfile· 2026-01-26 12:30
Thunder Bay, Ontario--(Newsfile Corp. - January 26, 2026) - Thunder Gold Corp. (TSXV: TGOL) (FSE: Z25) (OTCQB: TGOLF) ("Thunder Gold" or the "Company") is pleased to announce results of the Mineral Resource Estimate ("MRE") at its 100%-owned, 2,500-hectare, Tower Mountain Gold Property, located 40 kilometres from the port city of Thunder Bay, Ontario.Key Highlights:Indicated Resource of 34.5 million tonnes averaging 0.46 g/t Au (514,000 oz. Au);Inferred Resource of 211.1 million tonnes averaging 0.45 g/t A ...
Gold price today, Wednesday, January 28: Gold sets new record above $5,300
Yahoo Finance· 2026-01-26 12:19
Group 1: Gold Price Movement - Gold futures opened at $5,179 per troy ounce, marking a 1.1% increase from the previous closing price of $5,120.60, and surged over $5,300 in early trading [1] - The one-year gain of gold is 89.2%, representing its largest one-year gain in 2025 and 2026 [4][7] Group 2: Factors Influencing Gold Demand - A weaker U.S. dollar, which has declined over 2% in the last five days and nearly 11% in the last year, makes gold more affordable and boosts demand [2][3] - Evolving U.S. foreign relations and domestic political pressures, including tariff threats and investigations into the Federal Reserve Chair, may be contributing to a shift away from U.S. dollar reserves, benefiting gold [2] Group 3: Investment Options in Gold - Common ways to invest in gold include physical gold, gold mining stocks, gold ETFs, and gold futures [5][8] - Each investment option has its pros and cons, such as liquidity, volatility, and storage requirements [10][12][19][20]
Sranan Gold Announces Appointment of Ron Halas to the Board
TMX Newsfile· 2026-01-26 12:15
Edmonton, Alberta--(Newsfile Corp. - January 26, 2026) - Sranan Gold Corp. (CSE: SRAN) (OTCQB: SRANF) (FSE: P84) (Tradegate: P84) ("Sranan Gold" or the "Company") is pleased to announce the appointment of Mr. Ron Halas, P.Eng. to the Company's Board of Directors as an independent director.Mr. Halas is a Canadian mining engineer with more than 35 years of experience spanning mineral evaluation, project development, and operations across both open-pit and underground mining. Over the course of his career, he ...
Maple Gold Announces $12 Million Brokered Life Offering and a Concurrent $4 Million Non-Brokered Private Placement
Globenewswire· 2026-01-26 12:11
Core Viewpoint - Maple Gold Mines Ltd. has announced a private placement offering to raise gross proceeds of up to $15,000,085 through the sale of flow-through and non-flow-through shares, aimed at funding exploration activities in Canada [1][2]. Group 1: Offering Details - The LIFE Offering consists of up to 3,525,000 flow-through shares priced at $3.40 each, targeting gross proceeds of up to $11,985,000 [1]. - A concurrent non-brokered private placement aims to raise up to $4,015,085, involving up to 1,070,960 flow-through shares and 152,580 non-flow-through shares priced at $2.45 each [2]. - The expected closing date for the Offering is around February 17, 2026, subject to regulatory approvals [5]. Group 2: Use of Proceeds - Proceeds from the sale of flow-through shares will be used to incur eligible Canadian exploration expenses related to the Company's projects, with a commitment to renounce these expenditures to subscribers by December 31, 2026 [4]. - Net proceeds from the non-flow-through shares will be allocated for general administrative expenses and working capital over the next 12 months [4]. Group 3: Investor Participation - Strategic investor Michael Gentile plans to participate in the Offering to maintain an approximate 8.4% partially diluted interest in the Company [3]. Group 4: Company Overview - Maple Gold Mines Ltd. is focused on advancing its 100%-owned Douay/Joutel Gold Project in Québec, which spans approximately 481 square kilometers and includes established gold mineral resources [10]. - The property also contains numerous regional exploration targets along a 55-km strike length, indicating potential for new gold and VMS discoveries [11].