Gold Report: AI, M&A and exploration upside
Alkane Resources (ASX:ALK) and Mandalay Resources (TSX:MND) will merge their three operating mines, offering exposure to combined production of more than 180,000 ounces per year at a market capitalization of more than A$1 billion.
Click here for the full story. By the ounce
At the time of writing on Tuesday, the price of gold sat at US$3,324.90, down from US$3,436 per ounce in our April 23 report, according to data from The Globe and Mail, as companies adapt to Trump tariffs and global equity markets continue to regain their footing. This week in gold
STLLR Gold (TSX:STLR) delivered improved gold grades from drilling at its Tower project in Ontario with the help of artificial intelligence.
Outcrop Silver and Gold (TSXV:OCG) reported a high-grade discovery at its Santa Ana silver project in Colombia, marking its fifth over the past year.
As the price of gold hovers near its all-time-high, explorers with sizeable resources offer strong investment potential, especially in regions that have made their name through discovery and production of the yellow metal. Desert Gold Ventures (TSXV:DAU), a Canadian gold explorer active in West Africa, fits this thesis to a tee. Top trending gold stocks
Join the discussion: Find out what everybody's saying about the stories in this week's gold report on Stockhouse's stock forums and message boards.
The material provided in this article is for information only and should not be treated as investment advice. For full disclaimer information, please click here.
(Top image, generated by AI: Adobe Stock)
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