Gold price advances on weaker US economic cues

Imperial Metals (TSX: III) racked up further losses during the second quarter of 2022, recording an adjusted net loss of $29.3 million compared […]

On the financial front, Hudbay recorded net earnings of $32.1 million for the second quarter of 2022, compared with $63.8 million in Q1 2022.

This graphic compares the two assets by showing how much gold is equivalent to one bitcoin.

Francis will install the first cardinal of Brazil's Amazon region this month in a sign of his concern for the rainforest and its indigenous inhabitants.

The miner reported its operating and financial results for the second quarter, posting a loss of $77.4 million after reporting a profit in the same period a year earlier.

The project was previously put on hold in 2014 after softer gold prices discouraged the JV from proceeding with a feasibility study.  

St Barbara could be forced to suspend its Touquoy mine soon should it fail to receive government approval for a proposed tailings capacity expansion.

Barrick said costs would trend toward the high end, or even slightly exceed, its guidance range.

The Goldboro Phase 1 open pit is expected to produce 100,000 oz. of gold per year at an average grade of 2.26 g/t over an 11-year mine life.