B2Gold Corp. (NYSE:BTG) is one of the top stocks to buy as gold rallies. On October 6, the company declared commercial production at the Goose Mine. This mine is part of the Back River Gold District, located in Nunavut, Canada. Commercial production was officially achieved on October 2, 2025, just over three months after the first gold pour was made. The company came to this conclusion after maintaining an average mill throughput exceeding 65% of its designed capacity (4,000 tons per day) for 30 consecutiv ...

Equinox Gold Corp. (NYSE:EQX) is one of the top stocks to buy as gold rallies. On October 7, the company announced that it produced a record 236,470 ounces of gold in Q3 2025. This is Equinox’s highest quarterly output to date. Year-to-date consolidated production stands at 634,428 ounces, and this doesn’t even include the Los Filos, Castle Mountain, and Valentine mines. Equinox (EQX) Reports Record Q3 Output of 236,470 Ounces The cornerstone assets are the Greenstone Gold Mine (Ontario) and Valentine Go ...

Harmony Gold Mining Company Limited (NYSE:HMY) is one of the top stocks to buy as gold rallies. On October 6, the company acquired MAC Copper Limited via a Jersey law scheme of arrangement. The company’s Australian subsidiary (Harmony Gold (Australia) Pty Ltd) is the buyer. The transaction is valued at approximately AU$1.08 billion, a 20% premium to MAC’s recent share price. Harmony Gold will purchase 100% of MAC Copper’s issued share capital for AU$12.25 per share in cash. Harmony (HMY) Acquires MAC Copp ...

Northern Star Resources Limited (OTCMKTS:NESRF) is one of the best performing ASX stocks in 2025. On September 11, Goldman Sachs updated its view on gold stocks for 2025, where it increased its long-term gold price forecast to $3,300 per ounce (up from $2,850), and suggested prices could climb as high as $4,500–$5,000 in certain situations. Northern Star is one of the companies covered in this update. The bank named Northern Star as a well-positioned “Buy” among Australia’s large-cap gold miners. Goldman ...

Perseus Mining Limited (OTCMKTS:PMNXF) is one of the best performing ASX stocks in 2025. On September 19, the company announced that it had received official authorization (a Presidential Decree) on September 18, 2025, to begin building and operating an underground mine at its Yaouré Gold Mine in Côte d’Ivoire, West Africa. Côte d’Ivoire’s President issued this decree after the company completed the required environmental and social impact assessments. Perseus Mining (PMNXF) Receives Approval for Undergro ...

Core Insights - Gold has seen significant demand this year due to U.S. policy uncertainty and geopolitical tensions, leading to substantial investments in gold ETFs, with global inflows reaching $43.6 billion as of August 15, 2025, potentially surpassing the record of $49.5 billion set in 2020 [1][11] Group 1: Investment Trends - North America contributed approximately $24 billion in gold ETF inflows, marking its second-strongest annual performance, with SPDR Gold Shares (GLD) attracting $9.6 billion, followed by iShares Gold Trust (IAU) with $6.1 billion and SPDR Gold MiniShares Trust (GLDM) with $4.8 billion [2] - China led international inflows with $7.8 billion, followed by the UK ($2.9 billion), Switzerland ($2.5 billion), Japan and France ($1.2 billion each), and India and Germany ($1.1 billion each) [3] Group 2: Market Drivers - U.S. policy uncertainty, particularly regarding tariffs, has driven investors towards gold as a defensive investment, with gold traditionally serving as a wealth preservation tool during financial and political instability [4] - A weaker U.S. dollar, down 9.4% this year, and increased central bank purchases have also supported gold prices, with 95% of central banks expecting to increase their gold reserves in the next 12 months [5] - The likelihood of interest rate cuts by the Federal Reserve has risen, with markets predicting over 90% probability for cuts in September, making gold more attractive compared to fixed-income investments [6] Group 3: ETF Details - SPDR Gold Trust ETF (GLD) has an AUM of $103.5 billion, with an average daily volume of 9.3 million shares and annual fees of 40 bps [7] - iShares Gold Trust (IAU) has an AUM of $48.6 billion, with average daily volumes of 6 million shares and annual fees of 25 bps [9] - SPDR Gold MiniShares Trust (GLDM) has an AUM of $16.8 billion, with an average daily volume of 3 million shares and low annual fees of 10 bps [10] Group 4: Future Outlook - Given the ongoing tariff uncertainties and potential Fed rate cuts, investor interest in gold ETFs is expected to remain robust in the coming months [11]

Core Viewpoint - Almadex Minerals Ltd. has successfully completed the repayment of a gold loan from Almaden Minerals Ltd., which included the return of gold and a cash payment settled with physical gold bullion [1][2]. Group 1: Repayment Details - The repayment involved the return of 397 ounces of gold that were not drawn under the gold loan agreement [2]. - Almaden paid a total of USD 5,194,354, which was settled through the delivery of approximately 1,553 ounces of 99.99% purity physical gold bullion [2]. - Following the repayment, Almadex now holds a total of approximately 1,950 ounces of gold [2]. Group 2: Company Overview - Almadex Minerals Ltd. is an exploration company with a large mineral portfolio that includes projects and NSR royalties in Canada, the U.S., and Mexico [3]. - The company's portfolio is a result of extensive prospecting and deal-making by its management team [3]. - Almadex owns several portable diamond drill rigs, allowing for cost-effective first-pass exploration drilling in-house [3].

Core Viewpoint - Almaden Minerals Ltd. has successfully completed the sale of the Rock Creek Mill assets to Metals Exploration PLC, generating gross proceeds of US$9,700,000 [1] Group 1: Transaction Details - The sale of the Rock Creek Mill resulted in Almaden receiving a Purchase Price of US$9,700,000, with 15% of this amount allocated as a commission to an equipment sales broker [1] - Following the completion of the transaction, Almaden plans to repay an outstanding gold loan to Almadex Minerals Ltd. [2] Group 2: Gold Loan Repayment - The repayment of the gold loan will involve returning an undrawn balance of 397 ounces of gold and delivering gold bullion of 99.99% purity, corresponding to an outstanding loan balance of USD$5,194,354 [2] - The amount of gold bullion for the repayment will be determined based on the prevailing London Bullion Market Association AM gold price at the time of settlement [2]

Core Viewpoint - Almaden Minerals Ltd. has announced the early repayment of an outstanding gold loan to Almadex Minerals Ltd. through the delivery of gold bullion, following the sale of its Rock Creek mill [1][2]. Group 1: Loan Details - The outstanding loan balance, including accrued interest and standby fees, is USD$5,194,354 [2]. - Almaden will repay the loan by delivering gold bullion of 99.99% purity, with the amount determined by the prevailing gold price on the business day before the settlement date [2]. - In addition to the borrowed gold, Almaden will return 397 ounces of undrawn gold bullion [2]. Group 2: Security and Financial Position - The loan is secured by a first lien on certain equipment related to the Rock Creek mill [3]. - Upon repayment, the security interest will be fully released and Almaden estimates a cash position of approximately CAD$6.5 million [3].

Core Viewpoint - Almadex Minerals Ltd. announces the early repayment of a gold loan by Almaden Minerals Ltd., which will be settled through the delivery of gold bullion [1][2]. Group 1: Loan Details - The outstanding loan balance, including accrued interest and standby fees, is determined to be USD$5,194,354 [2]. - Almaden will repay the loan amount by delivering gold bullion of 99.99% purity, with the amount based on the prevailing gold price on the business day prior to the settlement date [2]. - The repayment is contingent upon Almaden receiving the final payment from the sale of its Rock Creek mill to Metals Exploration PLC, expected on or before August 31, 2025 [2]. Group 2: Security and Release - The loan amount is secured by a first lien on certain equipment related to the Rock Creek mill [3]. - Upon repayment, the security interest will be fully released and discharged [3]. Group 3: Company Overview - Almadex Minerals Ltd. is an exploration company with a large mineral portfolio in Canada, the U.S., and Mexico, resulting from extensive prospecting and deal-making [4]. - The company owns portable diamond drill rigs, allowing for cost-effective exploration drilling [4].