Which US presidential candidate does gold prefer?
Gold loves chaos and should be hitting new highs, especially with inflation coming down and with it, two rate cuts likely before year’s end.
The mill at Osisko Mining’s Canadian Malarctic mine is back in operation after a fire shut it down last week.
The company (TSX:OSK) said today the mill would function at a reduced rate with three of four cyclones and two of three ball mills, as well as the SAG. Repairs on the damaged number 4 cyclone are expected to take about a week. Primary and secondary crushers are undergoing scheduled maintenance and are expected to return to operation by Saturday.
Osisko was up 5.7% today on a generally upbeat session for gold stocks. The S&P/TSX Global Gold Index gained 15.26 points, or 5.67%.
