Gold stocks surging back

The Perth-based company wants to go public to fund the development of the Tumblegum South gold project.

Slower economic growth and higher inflation due to the spread of the Delta variant are good news for gold.

The company is mounting a three-phase exploration program in Ontario.

Drilling has delineated a strong Main zone close to the Valentine Lake shear zone.

Miner has temporarily suspended operations at its Macreas and Waihi mines, as the government implements a country-wide covid-19 lockdown.

Revenue of top 40 reaches C$125 billion.

The Torquoy gold mine reached commercial production in March 2018 and was acquired by St Barbara in mid-2019.

Meanwhile, the dollar index eased off the 9-1/2-month high hit last week.

S&P Global Market Intelligence reviewed 2020 sustainability reports from more than 90 gold mines globally.