Core Points - Xtra-Gold Resources Corp. has successfully closed an oversubscribed non-brokered private placement, raising gross proceeds of $2,452,000 by selling 1,018,000 units [1] - The offering included 918,000 units sold at $2.40 each and 100,000 units sold to an insider at $2.49 each, with associated warrants exercisable at $2.80 and $2.93 respectively [1][4] - Proceeds from the offering will be allocated for general working capital purposes [3] Financial Details - The company paid a cash finder's fee of $142,812 and issued 59,280 finder's warrants, each allowing the purchase of one additional share at $2.50 for 24 months [2] - The insider's participation in the offering is classified as a related party transaction, exempt from certain valuation and minority shareholder approval requirements [4] Company Background - Xtra-Gold Resources Corp. is a gold exploration company with a significant land position in the Kibi Gold Belt, located in Ghana, West Africa [6]

Core Viewpoint - The article discusses Robert Kiyosaki's promotion of a gold investment strategy, suggesting that investors can profit from gold without directly purchasing it, primarily through dividend-paying gold royalty companies [3][5][32]. Group 1: Kiyosaki's Promotion and Claims - Kiyosaki is marketing his Kiyosaki Letter, which includes a pitch for a "secret" investment strategy related to gold and income generation [1][2]. - He claims that ordinary citizens are using this strategy to earn between $12,000 to $52,000 annually, urging action before a predicted rise in gold prices [4][5]. - The advertisement suggests that the "secret" is revealed in President Trump's financial disclosures, specifically promoting dividend-paying stocks and gold-related companies [3][5]. Group 2: Gold Royalty Companies - Kiyosaki emphasizes investing in gold royalty companies, which he claims can provide better returns than direct gold investments, citing an average return of 11 times higher than gold itself [20][21]. - The article identifies three major gold royalty companies that Kiyosaki is likely promoting: Franco-Nevada, Royal Gold, and Wheaton Precious Metals [28][30][32]. - It is noted that gold royalty companies typically pay dividends, with Royal Gold being highlighted as a consistent dividend growth company [22][23]. Group 3: Market Context and Predictions - The article discusses the current market conditions, including a recent drop in gold prices of approximately 5-6%, and the potential for future increases due to expected Federal Reserve interest rate cuts [1][34][45]. - Kiyosaki predicts that gold prices could reach $5,000 per ounce by the end of 2025 and $25,000 by the end of Trump's term, which would significantly benefit gold royalty companies [24][41]. - The article also mentions the historical context of gold prices and the impact of central bank policies on gold investments [40][43].

Operations restarted at Barrick Mining’s massive gold mine in Mali for the first time in more than nine months, after a state administrator took over the asset in June, according to people familiar with the matter https://t.co/GOgp7PWX9W ...

Core Insights - General Motors (GM) reported better-than-expected third-quarter results and raised its full-year outlook for 2025, leading to a surge in its stock price [2][4] - Major U.S. equity indexes showed positive movement, with the Dow Jones Industrial Average and S&P 500 rising, while the Nasdaq experienced fluctuations [1][4] - Other companies like Warner Bros. Discovery and 3M also saw significant stock price increases following positive earnings reports and guidance adjustments [2][4] Company Performance - GM's shares soared after the automaker's strong earnings report and optimistic outlook for 2025 [2][4] - Warner Bros. Discovery's stock surged as the company announced a strategic review [2] - 3M outperformed in the Dow by exceeding earnings estimates and raising its guidance [2] Market Reactions - Newmont's stock declined alongside the drop in gold prices after reaching a record high earlier [3][4] - Philip Morris International's shares pulled back despite raising its full-year profit guidance [4] - The overall market showed resilience with most major cryptocurrencies trading higher [4]

Market Overview - Gold prices experienced a significant correction, dropping more than 5% to $4,100 per ounce, marking the steepest one-day decline since August 2020 [3] - The Dow Jones Industrial Average reached a new all-time high of 47,050 points, climbing 0.7%, while the S&P 500 and Nasdaq 100 remained near record levels [1][4] Company Performance - General Motors Co. surged over 15% after exceeding earnings expectations and raising its 2025 profit outlook to $12–$13 billion, driven by strong demand for pickups and SUVs [2] - Newmont Corp. saw a nearly 10% decline in its stock price due to the drop in gold prices [3] - The VanEck Gold Miners ETF fell 9.5%, marking its worst day in over five years [3] ETF Performance - The Vanguard S&P 500 ETF increased by 0.17% to $618.24, while the SPDR Dow Jones Industrial Average ETF rose 0.7% to $470.45 [6] - The tech-heavy Invesco QQQ Trust Series remained stable at $611.92, and the iShares Russell 2000 ETF held steady at $248.04 [6] Upcoming Earnings Reports - Companies scheduled to report earnings include Netflix Inc., Texas Instruments Inc., and Capital One Financial Corp. among others [7]

Headwater Gold (CSE: HWG) says its exploration permit on the Spring Peak project in Nevada has been selected as part of the FAST-41 program, a US federal initiative designed to streamline approvals for vital infrastructure related to mining projects.In a press release on Monday, the Canadian-listed gold junior confirmed that the exploration project, referred to as the Burnt Rock Plan of Operations, will now appear on the FAST-41 project dashboard. This inclusion would provide for “transparent and efficient ...

Core Insights - Major gold producers experienced significant stock declines following the largest one-day drop in gold prices since 2013 [4] Company Impact - Barrick Gold, Newmont, and Agnico Eagle Mines saw their shares fall sharply as a direct result of the gold price drop [4]

Core Insights - Brookmount Explorations Inc. has launched a new website aimed at enhancing user experience and providing access to the latest financial information and company updates [1] Company Developments - The new website features a refreshed design, faster performance, interactive features, and advanced security [1]

Ximen Mining Intersects 79.2 g/t Gold Over 0.55m - Visible Gold Confirms High-Grade Mineralization and Expands West Zone Potential at Brett Project, Vernon BCOctober 21, 2025 9:00 AM EDT | Source: Ximen Mining Corp.Vancouver, British Columbia--(Newsfile Corp. - October 21, 2025) - Ximen Mining Corp. (TSXV: XIM) (FSE: 1XM) (OTC: XXMMF) (the "Company" or "Ximen") provides the following update on its Brett epithermal gold property, near Vernon in south-central B.C.The Company is pleased to report ...

VANCOUVER, British Columbia, Oct. 21, 2025 (GLOBE NEWSWIRE) -- GoldHaven Resources Corp. (CSE: GOH | OTCQB: GHVNF | Frankfurt: 4QS) (“GoldHaven” or the “Company”) is pleased to announce the successful completion of its second diamond drill hole (COP-002) at the East Target of its 100%-owned Copeçal Project, located in Mato Grosso State, Brazil. Highlights: Second diamond drill hole (COP-002) completed to a depth of 121 metres.Enhanced alteration and veining intensity observed relative to COP-001.Intersectio ...