Gold was left looking rather ore-dinary this week, with a 5.7% drop on Tuesday marking the metal’s worst day since 2013. On Wednesday, futures stabilized. Up 0.2%, prices were close to flat, and investors were left to ponder whether factors that led the metal to a historic rally this year will continue to pan out. SUBSCRIBE:  Receive more of our free The Daily Upside newsletter. READ ALSO: Oil Spikes as US Sanctions Russian Producers to Undermine Putin’s War Machine and Quantum Computing Stocks Power Upwa ...

Core Points - Augusta Gold Corp. has successfully completed its merger with AngloGold Ashanti plc, resulting in Augusta Gold becoming a wholly-owned subsidiary of AngloGold Ashanti [1][2] - Augusta Gold stockholders will receive C$1.70 in cash per share as part of the merger consideration [2] - Following the merger, Augusta Gold's common shares are expected to be delisted from the Toronto Stock Exchange and cease trading on the OTCQB [3] Summary by Sections Merger Details - The merger was approved by Augusta Gold stockholders at a special meeting on October 20, 2025 [2] - The merger agreement was established on July 15, 2025, involving Augusta Gold, AngloGold Ashanti (U.S.A.) Holdings Inc., and Exploration Inc. [1] Stockholder Information - Stockholders holding common shares in beneficial form will automatically receive the merger consideration shortly after the merger closes [2] - Registered stockholders must complete a letter of transmittal to receive their cash payment [2] Regulatory Actions - Augusta Gold has applied to cease being a reporting issuer in Canada and intends to file a Form 15 with the SEC to terminate its registration under the U.S. Securities Exchange Act [3]

Core Insights - Dryden Gold Corp has successfully completed its 2025 Exploration Campaign, achieving 15,415 meters of drilling across various target areas, with results pending for 19 holes [1][8][9] - The exploration strategy is two-pronged, focusing 55% of the budget on expanding the Gold Rock target and 45% on regional exploration to identify new high-grade gold targets [2][4] - CEO Trey Wasser highlighted the substantial growth of the high-grade mineralized footprint at Gold Rock and the promising results from regional targets like Hyndman and Sherridon, which will be included in the 2026 Program [3][5] Exploration Objectives - The first objective was to expand the Gold Rock Target Area, where multiple parallel gold-bearing structures were discovered, with ongoing work to interpret these zones [5] - The second objective aimed to confirm the periodicity at the deposit scale at Mud Lake, which is approximately two kilometers northeast of Gold Rock, with initial drilling results pending [5] - The third objective involved channel sampling at Hyndman, which showed potential for high-grade gold mineralization, leading to plans for drilling in 2026 [5][6] - The fourth objective at Sherridon revealed broad-scale gold mineralization within a large geophysical anomaly, with further drilling targets to be designed based on results [6] Drilling and Sampling Statistics - As of October 23, 2025, a total of 49 holes were completed, with 30 holes released and 19 holes pending results [8][9] - The drilling statistics include 12,956 meters at Gold Rock, 1,214 meters at Mud Lake, and 1,245 meters at Sherridon [8] - A systematic regional till and soils program was completed, consisting of 4,278 samples across a 70,250-hectare land package, with lab analysis ongoing [11] Marketing and Investor Engagement - The company is actively participating in several upcoming investment conferences to engage with investors and present updates on its exploration programs [12][13][14] - A marketing agreement has been extended with Matrix Agency Marketing Ltd., which includes a monthly compensation of $16,000 and stock options for 100,000 common shares [16] Company Overview - Dryden Gold Corp is focused on discovering high-grade gold mineralization in the Dryden Gold District of Northwestern Ontario, controlling a strategic land position with historic gold mines [19]

Core Viewpoint - The ongoing bull run in gold is supported by historical patterns and macroeconomic factors, despite contrasting opinions from market commentators like Jim Cramer who suggest selling gold [1][4]. Group 1: Gold Market Analysis - Crescat Capital's Otavio Costa argues that the current gold price surge, nearing $4,000 per ounce, indicates that the bull run is not yet at its peak, primarily due to a historically high gold-to-silver ratio of 85, which suggests significant upside potential [1][2]. - Historical data shows that previous peaks in gold cycles occurred when the gold-to-silver ratio was much lower, specifically below 20 in 1980 and around 30 in 2011, reinforcing Costa's view that the current cycle has room to grow [3][4]. Group 2: Macro Factors Influencing Gold - Costa identifies a "trifecta of macro imbalances" as key drivers for the gold rally, including central banks accumulating gold, record levels of government debt, and unsustainable fiscal deficits [3][4]. - Geopolitical shifts, an ongoing inflationary environment, and challenges faced by major mining companies are also contributing to the strength of gold [4]. Group 3: Gold and Mining ETFs Performance - Gold Spot prices have risen by 0.61% to approximately $4,123.43 per ounce, with the previous record high at $4,381.6 per ounce, indicating a strong market for gold and related investments [5]. - Notable performances among gold mining companies include Harmony Gold Mining Company Ltd. with a year-to-date performance of 115.45% and Perpetua Resources Corp. at 133.39%, reflecting the positive sentiment in the gold sector [6][7].

连续数周的强劲涨势戛然而止，21日金银市场经历了惊心动魄的一天。 10月21日周二，现货黄金价格盘中一度暴跌6.3%，逼近4000美元关口，创下逾12年来最大单日跌幅，这一波动被视为"5西格玛"（5 sigma）级别 的罕见事件。 现货白银跌幅更甚，一度下挫8.7%。这轮突如其来的抛售终结了此前一周金银价格连创历史新高的势头。高盛交易员评价道： 黄金走势图看起来就像一只崩盘的"妖股"（meme stock）。 而黄金市场的剧烈动荡迅速传导至相关股票。主要黄金生产商巴里克矿业、纽蒙特矿业和Agnico Eagle Mines的股价在周二早盘均下跌超过8%。 此前，市场对美联储年底前大幅降息的预期，以及投资者为对冲主权债务和货币贬值风险而进行的"通胀保值交易"，共同推动了金价飙升。然 而，周二的暴跌表明，即使在宏观背景看似有利的情况下，过热的市场情绪也可能引发剧烈的回调。 当前，现货黄金小幅反弹后下跌至4075美元/盎司。 而对于这次十年来最大的百分比跌幅，最好的解释可能就是"头寸"问题。Gillard认为，在经历连续九周的上涨后，市场变得异常拥挤。 "没有明显的导火索"，过度拥挤的头寸是主因？ 据高盛大宗商品交 ...

Australian gold miner Northern Star sold 3% less of the precious metal in the three months to end-September than the year before, even as prices in the period reached a series of record highs https://t.co/tCjDZ6UhVS ...

Core Insights - Harmony Gold Mining Co. Ltd. (NYSE:HMY) experienced a significant decline of 10.99% on Tuesday, closing at $17.98, as investors reacted to a sharp drop in gold and silver prices [1][2] - The prices of gold and silver fell by 6.3% and 8.7%, respectively, marking their largest single-day drop since 2013, as investors took profits from previous record highs [1][2] - The decline in precious metal prices has negatively impacted mining stocks, including Harmony Gold, Anglogold Ashanti, and Hecla Mining [2] Company Developments - Harmony Gold Mining Co. Ltd. successfully acquired MAC Copper through its Australian subsidiary for AU$1.08 billion [3] - Investors are closely monitoring the upcoming Federal Open Market Committee meeting, anticipating a potential interest rate cut, which could positively influence precious metal prices [2][3] Market Context - Lower interest rates typically support precious metal prices by weakening the US dollar, making gold cheaper for foreign investors [3]

Core Insights - Anglogold Ashanti PLC (NYSE:AU) experienced a significant decline of 11.3% on Tuesday, closing at $66.78, as investors sold off gold mining stocks following a major drop in gold prices [1][2] - The decline in Anglogold's stock price mirrored the sharp decreases in gold and silver prices, which fell by 6.3% and 8.7% respectively during the same day [2] - The Colombian National Mining Agency denied Anglogold's request for a suspension of obligations related to its $1.4 billion Quebradona copper project, citing legal contradictions in the company's requests [3][4] Company Developments - The Quebradona project is fully owned and managed by Anglogold Ashanti and is viewed as a high-potential, low-cost copper production opportunity [5] - The Colombian agency stated that Anglogold did not provide sufficient evidence to support claims of exceptional circumstances in its application for suspension [4] Market Context - The recent sell-off in gold mining stocks appears to be a profit-taking move by investors after a period of rising precious metal prices [3] - Despite the current challenges, there is recognition of Anglogold's potential as an investment, although some analysts suggest that AI stocks may offer better returns with lower risks [6]

Results to inform detailed TSF1 mine design, schedule and costs ADELAIDE, AU / ACCESS Newswire / October 22, 2025 / Barton Gold Holdings Limited (ASX:BGD)(OTCQB:BGDFF)(FRA:BGD3) (Barton or the Company) is pleased to confirm that geotechnical drilling has started in support of a recently launched Definitive Feasibility Study for 'Stage 1' production (Stage 1 DFS) at the Company's South Australian Challenger Gold Project (Challenger).1 The planned program includes 5 sonic drilling holes to recover TSF1 materi ...

Vancouver, British Columbia--(Newsfile Corp. - October 22, 2025) - Sixty North Gold Mining Ltd. (CSE: SXTY) (FSE: 2F40) (OTC Pink: SXNTF) (the "Company" or "Sixty North Gold") is pleased to announce that the Company intends to complete a non-brokered financing of up to 13,636,363 units (the "Units") at an offering price of $0.11 per Unit to raise gross proceeds of up to $1,500,000 (the "Offering") subject to applicable securities laws and CSE policies. Each Unit will be comprised of one common share (each, ...