Gold

Gold miners — they dig up and process gold, prized for jewelry and held as a safe store of value when markets get shaky.

News moving Gold
New Zealand
Gold▲

OceanaGold Reports High-Grade Wharekirauponga Drill Results

OceanaGold reported new drilling results from its Wharekirauponga project in New Zealand in late September 2026, highlighting multiple wide, high-grade gold intercepts that reinforce the continuity of the southern high-grade EG Vein and associated hanging-wall structures. Drilling has accelerated with five active rigs, and promising intercepts outside the current resource model point to a potentially larger, better-defined mineralized system that could influence future resource classification and project planning. The company's narrative projects $2.2 billion in revenue and $764.2 million in earnings by 2028, requiring 12.7% yearly revenue growth and a $388.4 million earnings increase from $375.8 million today. The update comes as OceanaGold plans the April 2027 retirement of CEO Gerard Bond, who is set to stay on as a Special Advisor for six months. Before this Wharekirauponga update, the most pessimistic analysts were still penciling in about US$2.6 billion of revenue and US$1.4 billion of earnings by 2029.
OGC · Technology · Positive High-grade Wharekirauponga drill intercepts reinforce vein continuity and point to a potentially larger mineralized system, supporting future resource growth.
Read original ↗
Simply Wall St·4hRead more →
TanzaniaCanada
Gold▲

Tanzania Renews Barrick North Mara Mining Licenses for 15 Years

The Government of Tanzania has renewed the Special Mining Licenses for Barrick Mining Corporation's North Mara Gold Mine for another 15 years, the company announced. The renewal allows North Mara to keep investing in the mine, its people, and its communities for the long term. Since Barrick took over operations in 2019, Tanzanian nationals have come to make up 96% of the workforce of approximately 3,000 in the country, with 47% drawn from communities surrounding the mines. Barrick has injected approximately $5.3 billion into the Tanzanian economy since 2019, including $1.2 billion in 2025 alone through taxes, royalties, salaries, dividends and local procurement, while more than 90% of procurement is sourced from Tanzanian registered companies. Barrick and the Government of Tanzania established Twiga Minerals in 2019 to operate the North Mara and Bulyanhulu mines together, with the Government holding a 16% interest in each mine and the two partners splitting the economic benefits equally.
B · Regulation · Positive Tanzania renewed Barrick's North Mara Special Mining Licenses for 15 years, securing long-term operations and investment.
Read original ↗
GlobeNewswire·12hRead more →
GreeceCanada
Gold▲

Eldorado Gold Secures Permanent Grid Power at Skouries Mine in Greece

Eldorado Gold Corporation reported that its Skouries mine in northern Greece has been successfully energized after completing and receiving approval for a permanent connection to the Greek national power grid. The connection secures a long-term electricity supply for ongoing processing and mining activities as the project advances toward expected commercial production in the fourth quarter of 2026. The company said the grid link materially reduces a key infrastructure risk for Skouries and clarifies the path toward bringing its planned gold and copper output into Eldorado's broader production mix. The milestone follows the first copper gold concentrate from Skouries on 8 September 2026, confirming that commissioning is already underway while power security is now in place. Eldorado's narrative projects $4.5 billion in revenue and $1.5 billion in earnings by 2029, requiring 30.0% yearly revenue growth and a roughly $0.9 billion earnings increase from $618.1 million today, with a CA$71.91 fair value implying 32% upside to its current price.
EGO · Supply · Positive Permanent grid connection secures long-term power supply for Skouries, materially reducing a key infrastructure risk as it advances toward commercial production.
Read original ↗
Yahoo Finance·15hRead more →
Colombia
Gold▲

Aris Mining Completes Soto Norte ESIA, Begins Colombia Community Engagement

Aris Mining has completed the Environmental and Social Impact Assessment for its Soto Norte gold-copper project in Santander, Colombia, and in 2026 began formal community engagement across three municipalities ahead of submitting the ESIA and environmental license application. The company said Soto Norte lies outside the Santurbán Páramo and its buffer zone, and it aligned the ESIA and consultation process with Colombia's regulatory framework and the Escazú Agreement. The milestone follows the ANM's July 29, 2026 approval of the modified technical mine plan for Soto Norte, which confirmed regulators have reviewed the project's geology, reserves and mine design but does not replace the need for an environmental license before construction or mining can begin. Aris Mining's narrative projects $2.2 billion revenue and $688.8 million earnings by 2029, requiring 19.9% yearly revenue growth and a $404.1 million earnings increase from $284.7 million today, with a CA$41.53 fair value implying 66% upside. Some of the lowest estimate analysts had assumed about US$2.0 billion of revenue and US$797.7 million of earnings by 2029 while still citing Soto Norte's lengthy permitting and heavy ESG commitments as reasons for caution.
ARIS · Regulation · Positive Aris Mining completed the Soto Norte ESIA and began formal community engagement, advancing the project toward the required environmental license under Colombia's regulatory framework.
Read original ↗
Simply Wall St·23hRead more →
CanadaMali
Gold▲

B2Gold Reports Positive 2026 Back River Drilling Results and New Tattuk Zone

B2Gold Corp. reported positive results from its 2026 Back River Gold District exploration program in Nunavut, Canada, backed by a US$51 million budget and more than 35,000 m of drilling focused on infill, resource definition, and regional target generation. The program confirmed high-grade mineralization at the Llama deposit and yielded the new Tattuk discovery at Goose, which the company says underscores the district's potential to contribute materially to future mine planning and resource growth options. The update mainly reinforces the Goose Mine resource story rather than changing the key near-term catalyst, which remains Goose ramp-up, or the biggest current risk, which is still cost and execution pressure at Goose and in higher-risk jurisdictions like Mali. The quality and convertibility of new ounces at Llama, Nuvuyak and Tattuk will influence whether Goose can offset permitting and cost risks tied to projects such as Fekola regional and Gramalote. B2Gold's narrative projects $3.7 billion revenue and $1.8 billion earnings by 2028, with a CA$8.60 fair value implying 16% upside to its current price, while some of the lowest analysts assume revenue growth of only about 5.4 percent a year and US$1.4 billion of earnings by 2029.
BTG · Technology · Positive Positive 2026 Back River drilling results confirmed high-grade mineralization at Llama and yielded the new Tattuk discovery at Goose, supporting resource growth.
Read original ↗
Simply Wall St·1dRead more →
MexicoCanada
Gold▲

Torex Gold Reports High-Grade San Miguel Feeder Zone at Morelos

Torex Gold Resources Inc. reported strong drilling and exploration results across the Morelos Property, including the San Miguel corridor, Media Luna, ELG Underground, and regional targets such as Atzcala and El Naranjo. A particularly important development is evidence of a vertically continuous, high-grade mineralized feeder zone along the San Miguel fault, which could meaningfully influence how Torex sequences and optimizes future production at Media Luna and surrounding areas. The company reaffirmed 2026 production guidance of 420,000 to 470,000 ounces AuEq, a target that stronger grades at Media Luna and ELG Underground, combined with the emerging high-grade potential along the San Miguel corridor, could help support. Torex's narrative projects $2.2 billion revenue and $713.1 million earnings by 2029, requiring 6.4% yearly revenue growth and about a $110.6 million earnings increase from $602.5 million today. Three Simply Wall St Community fair value estimates for Torex range from CA$71.40 to CA$92.82, against a CA$92.36 fair value estimate implying 33% upside to the current price.
0VL5.LSE · Technology · Positive High-grade San Miguel feeder zone drilling results could improve production sequencing and support 2026 guidance at Morelos
Read original ↗
Simply Wall St·2dRead more →
Colombia
Gold▲

Aris Mining Completes Environmental Assessment for Soto Norte Project

Aris Mining has cleared a key permitting hurdle for its Soto Norte gold copper project in Colombia by completing its Environmental and Social Impact Assessment and beginning formal community engagement ahead of an environmental licence application. The milestone follows earlier approvals on the mine plan and clarifications to Colombian regulatory protections. The company's shares have returned 15.19% year to date and posted a very large 3 year total shareholder return, though the 30 day share price return has eased 8.37%. Analysts see a narrative fair value of CA$41.53 against a last close of CA$24.95, with the gap linked to project build out and operating scale. The ongoing expansion at the Segovia operations, with the new second ball mill increasing processing capacity by 50% and a targeted production ramp up to 300,000 ounces in 2026, is described as a driver of sustained revenue growth and structurally higher operating margins.
ARIS · Regulation · Positive Aris Mining completed the Environmental and Social Impact Assessment and began community engagement, clearing a key permitting hurdle for the Soto Norte gold-copper project.
GOLD · Supply · Positive Progress toward permitting and build-out of Aris Mining's Soto Norte gold-copper project signals potential future gold supply from the mine.
Read original ↗
Simply Wall St·2dRead more →
Canada
Gold▲

B2Gold Goose Mine Crushing Upgrades Target 4,000 Tons Per Day by 2027

B2Gold Corp. said its newly commissioned mobile crushing plant at the Goose mine has averaged more than 3,000 tons of ore throughput per day since mid-August, in line with plan. The company is now proceeding with Phase 1 upgrades to the fixed crushing plant, adding a run-of-mine mass-flow bin and apron feeder, a new larger jaw crusher and a rock breaker, which is expected to reach a sustained average of 3,200 tons per day; the additional crushing plant cost around $16 million and the Phase 1 upgrades are expected to cost $11 million. A Phase 2 upgrade to the fixed crushing plant is scheduled for the first half of 2027 and is expected to lift average crushing capacity to a design throughput of 4,000 tons per day. The Goose mine remains on track for 2026 annual production guidance of 170,000-200,000 ounces, with third-quarter production expected in line with the first quarter and fourth-quarter 2026 production expected to be the strongest of the year. B2Gold also reported positive results from its Back River Gold District exploration drilling program, which has a 2026 budget of $51 million, more than half allocated to the Goose Mine to infill Inferred Mineral Resources at the Llama deposit and Nuvuyak zone, and has completed 27,493 meters of drilling as of August-end toward a plan to drill more than 35,000 meters in 2026.
BTG · Supply · Positive B2Gold's Goose mine crushing upgrades lift throughput toward 4,000 tpd by 2027, boosting ore processing capacity.
BTG · Capital · Positive Positive Back River exploration results with a $51M 2026 drilling budget, over half at Goose, support resource growth.
Read original ↗
Zacks Investment Research·3dRead more →
TürkiyeUnited States
Gold▲

Liberty Gold Receives Final US$2.6 Million TV Tower Payment, Completing US$8.5 Million Sale

Liberty Gold Corp. has received the final staged payment of US$2.6 million from the previously announced sale of its 72.1% interest in the TV Tower copper-gold project in Biga Province, northwest Türkiye, completing the total US$8.5 million consideration payable under the transaction. The company said the sale converted a non-core asset into non-dilutive capital, allowing it to keep its focus on advancing the Black Pine Oxide Gold Project in southeastern Idaho. Since the sale was announced in 2024, Liberty Gold has completed a feasibility study for Black Pine and is advancing the project through formal mine permitting, with Black Pine designated a Covered Project under the U.S. federal FAST-41 program. President and CEO Jon Gilligan said the final payment completes the monetization of a non-core asset and adds US$2.6 million to the treasury, and that engineering, permitting and financing work is advancing to support a disciplined construction decision.
0V46.LSE · Capital · Positive Received final US$2.6M payment completing the US$8.5M TV Tower sale, converting a non-core asset into non-dilutive capital for Black Pine.
Read original ↗
GlobeNewswire·4dRead more →
United States
Gold▲

Newmont's Positive Earnings ESP Points to Another Beat on October 22, 2026

Newmont Corporation, the gold and copper miner in the Zacks Mining - Gold industry, holds a positive Earnings ESP of +6.16% ahead of its next quarterly report, scheduled for release on October 22, 2026. The company has topped estimates by 21.27% on average over the last two quarters, including a 2.44% surprise in the last reported quarter with earnings of $2.1 per share versus the Zacks Consensus Estimate of $2.05 per share, and a 40.10% surprise in the prior quarter with earnings of $2.9 per share against an expected $2.07 per share. The positive Earnings ESP, combined with a Zacks Rank #3 (Hold), suggests another beat is possibly around the corner, as Zacks research shows stocks with this combination produce a positive surprise nearly 70% of the time. Investors should note that a negative Earnings ESP reading is not indicative of an earnings miss, but it does reduce the predictive power of the metric.
NEM · Capital · Positive Positive Earnings ESP of +6.16% and a history of beating estimates point to another earnings beat for Newmont.
Read original ↗
Zacks Investment Research·4dRead more →
Canada
Gold▲

Agnico Eagle Mines Eyes Another Earnings Beat With Positive ESP

Agnico Eagle Mines is positioned to potentially beat earnings estimates again when it reports on October 28, 2026, according to Zacks Investment Research. The gold mining company has topped estimates in each of its last two reports, with an average surprise of 6.06% over that span. In the most recent quarter, Agnico posted earnings of $3.05 per share against the Zacks Consensus Estimate of $2.89 per share, a surprise of 5.54%, while the prior quarter delivered earnings of $3.4 per share versus an expected $3.19 per share, a surprise of 6.58%. The company currently carries a Zacks Earnings ESP of +6.05% alongside a Zacks Rank #3 (Hold), a combination that Zacks research shows produces a positive surprise nearly 70% of the time. Agnico Eagle Mines belongs to the Zacks Mining - Gold industry.
AEM · Capital · Positive Zacks flags a positive Earnings ESP of +6.05% and a history of beating estimates ahead of its October 28 report.
Read original ↗
Zacks Investment Research·4dRead more →
CanadaUnited States
Gold▲

Osisko Gold Closes US$600 Million 9.250% Senior Secured Notes Offering

Osisko Gold Group Inc. has completed its previously announced offering of US$600 million aggregate principal amount of 9.250% senior secured notes due 2031. The notes mature on October 1, 2031, are non-callable for the first two years, and pay interest semi-annually in arrears on April 1 and October 1, beginning April 1, 2027. Net proceeds were approximately US$578.0 million after deducting initial purchasers' discounts and commissions and estimated offering expenses, with the initial purchasers buying the notes at 98.25% of principal. Of that net proceeds total, approximately US$120.8 million was used to repay all amounts outstanding and terminate all commitments under the company's senior secured credit facility with Appian Capital Advisory Limited, while the remainder funded a segregated interest reserve account covering the first five interest payments on the notes and a segregated disbursement account to advance the Cariboo Gold Project. The notes are fully and unconditionally guaranteed by certain subsidiaries, including Barkerville Gold Mines Ltd., which holds the Cariboo Gold Project in British Columbia, and are secured by a first priority lien on the company's and each guarantor's property. Chairman and CEO Sean Roosen said the offering, alongside other available capital, fully funds the company through commercial production anticipated in 2029.
OGG · Capital · Positive Completed US$600M senior secured notes offering, repaying its credit facility and fully funding the Cariboo Gold Project through commercial production.
Barkerville Gold Mines Ltd. · Capital · Positive Named as a guarantor holding the Cariboo Gold Project, which the note proceeds will advance.
Read original ↗
GlobeNewswire·4dRead more →
Canada
Gold▲

Alamos Gold's Island Gold District Lifts Output Toward 530,000 Ounces a Year

Alamos Gold's Island Gold District produced 128,700 ounces of gold in the first half of 2026, up 4% year over year, including record second-quarter production of 67,500 ounces. The district's strength offset lower output at the Young-Davidson mine, helping Alamos Gold produce 130,600 ounces in the second quarter, in line with its revised quarterly guidance of 130,000-135,000 ounces. The Ontario district, made up of the Island Gold and Magino mines with 8.2 million ounces of proven and probable gold reserves, is expected to drive production to more than 530,000 ounces per year for 10 years post-expansion at some of the lowest costs in the industry. Underground mining rates at the district averaged a record 1,550 tons per day in the second quarter, while the Magino mine's milling rates averaged a record 8,900 tons per day, and the district is on track to produce 290,000-310,000 ounces in 2026. Alamos Gold expects its overall production to reach around one million ounces annually by 2030, with the Island Gold District as a key driver.
AGI · Supply · Positive Island Gold District record H1/Q2 output and expansion toward 530,000 oz/yr at low costs lifts Alamos production
Read original ↗
Zacks Investment Research·5dRead more →
Colombia
Gold▲

Aris Mining Completes Soto Norte ESIA, Launches Community Engagement

Aris Mining Corporation has completed preparation of the Environmental and Social Impact Assessment for the Soto Norte gold-copper project in Santander, Colombia, and will begin community engagement ahead of submitting the ESIA and its environmental license application. Community meetings are scheduled for October in Matanza, Suratá and California, after which the company will incorporate feedback before finalizing the ESIA. The redesigned project carries high-grade mineral reserves of 4.6 million ounces of gold at an average grade of 7.0 g/t Au, an initial 22-year mine life, and a 3,500 tonnes per day mill, of which 750 tpd is dedicated to processing material from local miners. Average gold production is estimated at approximately 203,000 ounces per year from owner-mined ore over years 1 to 21, including approximately 263,000 ounces per year during years 2 to 10, and the project is expected to generate an estimated US$2.6 billion in income taxes and US$393 million in royalty payments to the Colombian government based on the 2025 Prefeasibility Study base case gold price assumption of US$2,600 per ounce. Aris Mining said recent government actions removed key regulatory constraints: the La Baja permanent reserve was revoked, the Temporary Reserve Area reverted to its original expiry of March 4, 2027, and the Santurbán Páramo delimitation process will continue under applicable constitutional, legal, technical, environmental and participatory requirements. The National Mining Agency approved the modification to the Programa de Trabajos y Obras for mining concession 0095-68 on July 29, 2026, though construction and mining may not commence until the required environmental license is obtained.
ARIS · Regulation · Positive Aris Mining completed the Soto Norte ESIA and can proceed toward its environmental license application after key regulatory constraints were removed.
Read original ↗
Business Wire·5dRead more →
Zimbabwe
Gold▲

Namib Minerals unit secures $6.5M BancABC term loan for Redwing Mine

Namib Minerals announced that its wholly owned subsidiary, Bulawayo Mining Company (Private) Limited, has secured a non-dilutive $6.5M new term loan facility from African Banking Corporation of Zimbabwe Limited, or BancABC. The new debt facility is in addition to the company's existing term loan and overdraft lines with BancABC, with all credit facilities now consolidated into a single unified structure to optimize working capital and liquidity. Net proceeds from the $6.5M facility will fund Step 3 of the Redwing Mine development, following the early completion of Step 1 dewatering and the fully funded Step 2 Definitive Feasibility Study, which aims to upgrade and extend the asset's resource base. The remaining balance for Step 3 is expected to be funded through the company's broader sequenced financing strategy, with further market updates anticipated in due course.
NAMM · Capital · Positive Namib Minerals' subsidiary secured a $6.5M non-dilutive term loan from BancABC to fund Step 3 of the Redwing Mine development.
Bulawayo Mining Company Limited · Capital · Positive Bulawayo Mining Company, the wholly owned subsidiary, obtained the $6.5M term loan facility to fund Redwing Mine Step 3 development.
African Banking Corporation of Zimbabwe Limited · Capital · Positive BancABC extended a new $6.5M term loan facility and consolidated all credit facilities into a unified structure for the borrower.
Read original ↗
Seeking Alpha·5dRead more →
China
Gold▼

Western Region Gold wholly-owned subsidiary Xinjiang Meisheng ore processing plant temporarily halts production for about 45 days

Western Region Gold announced on September 30 that the tailings storage facility of its wholly-owned subsidiary Xinjiang Meisheng Mining Co., Ltd. is designed to be built in three phases, of which the first phase has been completed and put into trial operation in accordance with approved requirements. The combined construction of the second and third phases of the tailings storage facility is progressing in an orderly manner as planned and is about to be connected with the first-phase dam. This project requires simultaneous adjustment of the tailings storage facility monitoring facilities and construction of the drainage system, and the ore processing plant needs to cooperate with the production halt. The company has decided to implement a temporary production halt at the ore processing plant, with the halt expected to last about 45 days. During this period, the company will accelerate the project schedule and resume production after the key nodes of the combined second and third phase construction are completed, the monitoring and drainage facilities are adjusted in place, and acceptance is passed.
601069.CG · Supply · Negative Western Region Gold's wholly-owned Xinjiang Meisheng ore processing plant halts production for about 45 days, cutting its own gold output capacity.
Read original ↗
南方财经网·5dRead more →
China
Gold▼

Western Region Gold subsidiary Xinjiang Meisheng concentrator halts production for about 45 days

Western Region Gold announced on the evening of September 30 that the concentrator of its wholly owned subsidiary Xinjiang Meisheng Mining has implemented a temporary production halt because the combined second- and third-phase tailings pond project needs to connect with the first-phase dam. The halt is expected to last about 45 days, and the timing for resuming production remains uncertain. Xinjiang Meisheng's main products are gold products such as gold concentrate. In 2025, its net profit included in the consolidated statements was about 176 million yuan, accounting for 38.07 percent of the company's net profit and making it an important source of profit. However, in the first half of 2026, its net profit was 16.5806 million yuan, and its share of the company's net profit had fallen to 3.03 percent. The announcement showed that Xinjiang Meisheng's total assets in 2025 were about 3.675 billion yuan, accounting for 25.58 percent of the company's total assets, and its operating revenue was about 1.688 billion yuan, accounting for 12.44 percent of the company's operating revenue. From January to June 2026, its total assets were about 3.319 billion yuan, accounting for 24.50 percent of the company's total assets, and its operating revenue was about 700 million yuan, accounting for 6.34 percent of the company's operating revenue. Western Region Gold's semi-annual report showed that during the reporting period the company achieved operating revenue of 11.043 billion yuan, up 119.62 percent year on year, and net profit attributable to shareholders of the listed company of 547 million yuan, up 315.67 percent year on year. The company plans to implement an interim dividend for the first time, distributing a cash dividend of 0.50 yuan per 10 shares before tax, totaling about 45.55 million yuan before tax.
601069.CG · Supply · Negative Wholly owned subsidiary Xinjiang Meisheng's concentrator halts production for about 45 days, cutting gold concentrate output at a key profit source.
Read original ↗
每日经济新闻·5dRead more →
China
Gold▲

Jinyi Culture Partners with Yuanmingyuan Administration for Five-Year IP Co-Branding Collaboration

Jinyi Culture announced after market close on September 29 that it has signed a cooperation framework agreement with the Yuanmingyuan Administration Office of Haidian District, Beijing. Through its wholly owned subsidiary Beijing Yuewang Culture Co., Ltd., the company plans to carry out a Yuewang and Yuanmingyuan co-branded project, jointly developing and operating gold jewelry and peripheral products for a cooperation period of five years. Beijing Yuewang was established in February 2025 with registered capital of 30 million yuan. As of June 30, 2026, its total assets were approximately 581 million yuan and net assets approximately 467 million yuan. In the first half of 2026, its operating revenue was approximately 236 million yuan and net profit approximately 30.13 million yuan. This is not the first cooperation between the two parties. Jinyi Culture's 2022 annual report shows that the Yuanmingyuan Ruins Park had already been listed among its cultural industry partners, with products such as the Twelve Zodiac Heads Yuanming Auspicious Tiger Gold Bracelet developed. Jinyi Culture will bear joint and several liability to the Yuanmingyuan Administration Office, and the amount under this guarantee is expected not to exceed 1 million yuan, accounting for 0.05 percent of the company's most recent audited net assets. The company cautioned that specific cooperation details will be further implemented in subsequent business agreements and are subject to some uncertainty.
002721.CS · Demand · Positive Signed five-year co-branding agreement with Yuanmingyuan Administration to jointly develop and operate gold jewelry and peripheral products, expanding its product lineup and revenue opportunities.
北京越王文化有限公司 · Demand · Positive Wholly owned subsidiary designated to carry out the Yuewang-Yuanmingyuan co-branded gold jewelry project, directly gaining new business and operating scope.
Read original ↗
每日经济新闻·5dRead more →
China
Gold▼

Western Region Gold's wholly owned subsidiary Xinjiang Meisheng halts production for about 45 days

Western Region Gold announced that its wholly owned subsidiary Xinjiang Meisheng Mining will suspend operations at its ore processing plant for about 45 days, as the tailings storage facility's phase two and three combined construction project requires adjustments to monitoring facilities and the construction of a drainage system. In 2025, Xinjiang Meisheng reported revenue of 1.688 billion yuan, accounting for 12.44% of Western Region Gold's revenue, and net profit of 176 million yuan, accounting for 38.07% of the company's net profit. Western Region Gold stated that the timing of production resumption remains uncertain, and the impact of this suspension on the company cannot be accurately estimated.
601069.CG · Supply · Negative Wholly owned subsidiary Xinjiang Meisheng halts ore processing for ~45 days, cutting output at a unit that contributed 38% of net profit.
Read original ↗
China
Gold▼

Western Region Gold's wholly owned subsidiary Xinjiang Meisheng halts production for about 45 days

Western Region Gold announced on September 30 that its wholly owned subsidiary Xinjiang Meisheng Mining will suspend operations at its ore processing plant for about 45 days, as the tailings storage facility's phase two and three combined construction project requires adjustments to monitoring facilities and the construction of a drainage system. Xinjiang Meisheng reported revenue of 1.688 billion yuan in 2025, accounting for 12.44% of Western Region Gold's revenue, and net profit of 176 million yuan, accounting for 38.07% of the company's net profit. The announcement stated that the timing for resuming production remains uncertain, and the impact of this suspension on the company cannot be accurately estimated.
601069.CG · Supply · Negative Wholly owned subsidiary Xinjiang Meisheng halts ore processing for ~45 days, cutting output at a unit that contributed 38% of net profit.
Read original ↗
央广财经·5dRead more →
GlobalCanadaUnited States
Gold▼

Kinross Gold Flags 2026 Margin Risk as AISC Costs Climb

Kinross Gold Corporation expects its all-in-sustaining costs to rise to $1,730 per ounce, plus or minus 5%, in 2026, up from $1,571 per ounce in 2025, signaling margin compression risks from cost inflation. The company's second-quarter attributable all-in-sustaining costs were $1,821 per ounce, up 22% from the year-ago quarter, while its attributable production cost of sales rose to $1,336 per gold equivalent ounce from $1,074 a year earlier, and the first-half figure climbed to $1,358 from $1,056. Kinross attributed the increase to higher fuel, royalty and labor costs, and said elevated crude oil prices are expected to weigh further on 2026 costs. Among peers, Barrick Mining Corporation projects 2026 all-in-sustaining costs of $1,760 to $1,950 per ounce, up from $1,637 in 2025, and cash costs of $1,330 to $1,470 per ounce, up from $1,199, after its second-quarter total cash costs and all-in-sustaining costs rose about 15% and 11% year over year. Agnico Eagle Mines Limited reported second-quarter all-in-sustaining costs of $1,459 per ounce, up roughly 14% year over year, and total cash costs of $1,054 per ounce, 14% higher than $925, with 2026 guidance of $1,020 to $1,120 in cash costs and $1,400 to $1,550 in all-in-sustaining costs per ounce.
KGC · Supply · Negative Kinross flags 2026 AISC rising to ~$1,730/oz from $1,571 on higher fuel, royalty and labor costs, compressing margins.
B · Supply · Negative Barrick projects 2026 all-in-sustaining costs of $1,760-$1,950/oz, up from $1,637, after Q2 cash and AISC costs rose ~15% and ~11% YoY.
AEM · Supply · Negative Agnico Eagle's Q2 all-in-sustaining costs rose ~14% YoY and 2026 cost guidance is elevated, signaling margin pressure from cost inflation.
Read original ↗
Zacks Investment Research·6dRead more →
China
Gold▲

Shandong Gold Chairman Wang Chenglong Proposes Buyback of 300 Million to 400 Million Yuan in Shares for Cancellation

Shandong Gold Chairman Wang Chenglong has proposed that the company repurchase part of its shares, with total buyback funds of no less than 300 million yuan and no more than 400 million yuan, and all repurchased shares will be cancelled to reduce the company's registered capital. On September 29, Shandong Gold announced that this buyback will be conducted through the Shanghai Stock Exchange trading system via centralized competitive trading, funded by the company's own funds and self-raised funds. The upper limit of the buyback price will not exceed 150% of the average trading price of the company's shares over the 30 trading days before the board of directors approves the buyback plan, and the buyback period is within 12 months from the date the shareholders' meeting approves the plan. Wang Chenglong stated that the proposal is based on confidence in the company's future development prospects and recognition of the company's value, aiming to safeguard the interests of all shareholders, enhance investor confidence, maintain share price stability, and improve the long-term investment value of the stock. The announcement shows that Wang Chenglong did not buy or sell company shares in the six months before the proposal, and has no plans to increase or decrease his holdings during the buyback period. Cancellation-style buybacks directly reduce total share capital, and the enhancement effect on existing shareholders' equity is more direct than buybacks for equity incentives or employee stock ownership. However, this buyback is still at the chairman's proposal stage and will need to be reviewed by the board of directors and the shareholders' meeting, so the final plan may differ from the announcement. As one of last year's bull stocks, Shandong Gold's share price has fallen more than 30% since September 3, and has pulled back more than 55% from its January high of 65.27 yuan per share.
600547.CG · Capital · Positive Chairman proposes a 300-400 million yuan buyback with all repurchased shares cancelled to reduce registered capital, enhancing per-share equity.
Read original ↗
为公司自有资金及自筹资金·6dRead more →
United StatesAustraliaSouth AfricaChina
Gold▼

Nvidia Adds $150 Billion to Buyback, Lifting Total Authorization to $235 Billion

Nvidia shares rose after its board authorized an additional $150 billion under the company's existing share-repurchase program, increasing the total remaining amount authorized to $235 billion, with the AI chip leader expecting to complete the program through fiscal 2028. In the mining sector, Australia's Northern Star Resources Ltd. rejected a takeover approach from South African rival Gold Fields Ltd. that could have created the second-largest gold miner, saying the A$38.7 billion ($27.1 billion) cash-and-shares offer undervalued its business. Gold Fields shares fell as much as 16% on the proposal, while precious-metal miners also slid as gold and silver dropped, with Barrick Gold down 4% and Freeport-McMoRan down about 3.5%. Roblox was cut to underperform from hold at Jefferies, which said the stock's 30% rally since the gaming company's second-quarter results in July reflects an overly optimistic view of bookings for the next 12 months; the shares fell 5% and are down 43% so far this year. Nvidia also rolled out a new double-layered AI security system that it says would have prevented the recent high-profile breach of Hugging Face by OpenAI's models, and China may allow Alibaba and ByteDance to buy Nvidia's new RTX Pro 5500 chips.
GFI · Capital · Negative Gold Fields shares fell as much as 16% after Northern Star rejected its A$38.7 billion takeover offer.
NVDA · Capital · Positive Nvidia's board authorized an additional $150 billion buyback, lifting total authorization to $235 billion.
NVDA · Technology · Positive Nvidia rolled out a new double-layered AI security system it says would have prevented the Hugging Face breach.
RBLX · Capital · Negative Jefferies cut Roblox to underperform, saying its 30% rally reflects overly optimistic bookings expectations.
Northern Star Resources Limited · Capital · Neutral Northern Star rejected Gold Fields' A$38.7 billion takeover offer, saying it undervalued the business.
B · Monetary · Negative Barrick Gold fell 4% as gold and silver prices dropped, pressuring precious-metal miners.
Read original ↗
Bloomberg·7dRead more →
ChinaAustraliaUnited States
Gold▲

Geely Buys 30% Stake in NIO Battery-Swapping Unit at $2.4B Valuation

Geely agreed to acquire a 30% stake in NIO's battery-swapping business in a deal valuing the unit at roughly $2.4B, sending NIO shares up 2%. Zhejiang Geely Holding Group will contribute its commercial-vehicle battery-swapping business and pay 640M yuan, or $95M, in cash, and the two companies are discussing Geely's adoption of NIO's battery-swapping technology for its passenger and commercial vehicles while opening the charging and swapping collaboration to other industry participants. Gold Fields shares plunged 13% after Northern Star Resources rejected its $27B takeover proposal, saying the offer materially undervalued the Australian gold miner. Gold Fields proposed acquiring Northern Star through a combination of 0.3125 Gold Fields shares and A$7.25 in cash for each Northern Star share, initially valuing the target at A$38.7B, a 22% premium to its Sept. 11 closing price, though based on Gold Fields' Sept. 25 closing price the implied value had fallen to A$36.1B. Northern Star's board unanimously rejected the proposal, calling it highly opportunistic. Kodiak Sciences shares rose 7% ahead of the company's planned release of topline results from the DAYBREAK Phase 3 study evaluating Zenkuda, also known as tarcocimab tedromer, and KSI-501, also known as tabirafusp alfa tedromer, in patients with wet age-related macular degeneration, with results scheduled to be reported today at 8:30 AM Eastern Time.
9866.HK · Capital · Positive NIO is selling a 30% stake in its battery-swapping unit at a $2.4B valuation, with Geely also discussing adopting NIO's swapping technology.
GFI · Capital · Negative Gold Fields shares plunged 13% after Northern Star unanimously rejected its $27B takeover proposal as undervaluing the target.
KOD · Technology · Positive Shares rose ahead of topline Phase 3 DAYBREAK results for Zenkuda and KSI-501 in wet AMD, a key R&D readout.
Northern Star Resources Limited · Capital · Negative Northern Star's board unanimously rejected Gold Fields' $27B takeover proposal as materially undervaluing the company.
0175.HK · Capital · Positive Geely is acquiring a 30% stake in NIO's battery-swapping unit, contributing its commercial-vehicle swapping business and 640M yuan in cash.
Read original ↗
Seeking Alpha·7dRead more →
United States
Gold

Hycroft Mining Weighs Three Paths to Production With $220.5 Million Cash

Hycroft Mining Holding Corporation on September 21 unveiled a new logo, a redesigned website and a progress report on the Hycroft Mine that shows the pre-revenue developer weighing three different routes to production without yet saying which one it prefers. The company held $220.5 million of unrestricted cash and zero long-term debt as of its July 28 second-quarter report, and it joined the Russell 3000 Index effective June 29, 2026. Management is finalizing an internal assessment of mining the high-grade Brimstone and Vortex silver systems from underground, with RESPEC sketching a conceptual mine plan and a possible exploration decline, Hatch studying processing, and Hazen testing high-grade material; roasting tests are complete and could yield sellable sulfuric acid. A drill program begun in late 2025 sharpened the picture of oxide and transition material, keeping a heap leach restart on the table, and two more core rigs are expected in the fourth quarter to bring the fleet to four. Hedge fund ownership slipped to 16 funds from 20 in the prior quarter, while short interest sits at 23.21% of the float, reflecting doubts over the lack of production revenue, uncertain capital costs and possible delays in choosing a final processing pathway.
HYMC · Capital · Neutral Hycroft reports $220.5M cash, zero long-term debt, and is weighing three production pathways with no final choice, leaving capital costs and timing uncertain.
RESPEC · Technology · Neutral RESPEC is only named as sketching a conceptual mine plan and possible exploration decline for Hycroft, a passing technical-services mention.
Read original ↗
Insider Monkey·7dRead more →
AustraliaSouth Africa
Gold

Northern Star Shares Jump 9% After Rejecting Gold Fields' $27B Bid

Shares in Australia's Northern Star Resources rose more than 9% on Monday after the gold miner rejected a $27B takeover proposal from South Africa's Gold Fields. Gold Fields proposed acquiring 100% of Northern Star through a combination of shares and cash, offering 0.3125 Gold Fields shares and 7.25 Australian dollars in cash for each Northern Star share, according to a Northern Star statement. The proposal, received Sept. 14, initially valued Northern Star at A$38.7B, or $27.15B, representing a 22% premium to its closing price on Sept. 11, though based on Gold Fields' closing share price on Friday, Sept. 25, the implied value had fallen to A$36.1B. Northern Star said its board unanimously rejected the proposal, adding it materially undervalues the company and was highly opportunistic. Northern Star Chairman Michael Chaney said Gold Fields has sought to acquire one of the world's premier gold portfolios at a price that falls well short of what the Board considers to be its fundamental value and at a highly opportunistic time.
GFI · Capital · Negative Gold Fields' $27B takeover proposal for Northern Star was rejected, a setback to its acquisition plan.
Northern Star Resources Limited · Capital · Positive Northern Star's board unanimously rejected Gold Fields' $27B takeover proposal, saying it materially undervalues the company, which lifted its shares 9%.
Read original ↗
Seeking Alpha·7dRead more →
AustraliaSouth Africa
Gold

Northern Star Rejects Gold Fields' A$38.7B Takeover Proposal

Northern Star Resources said Sunday it rejected a cash-and-shares takeover approach from Gold Fields valuing the Australian gold miner at A$38.7B, or roughly US$27.1B. Gold Fields proposed acquiring 100% of Northern Star through a combination of shares and cash, offering 0.3125 Gold Fields shares and A$7.25 in cash for each Northern Star share. Northern Star Chairman Michael Chaney said Gold Fields has sought to acquire one of the world's premier gold portfolios at a price that falls well short of what the board considers to be its fundamental value and at a highly opportunistic time. Northern Star also said the equity component of the conditional offer, newly issued Gold Fields stock, carried a meaningfully higher jurisdictional risk profile.
GFI · Capital · Negative Gold Fields' A$38.7B cash-and-shares takeover proposal for Northern Star was rejected, a setback to its M&A effort.
Northern Star Resources Limited · Capital · Positive Northern Star rejected Gold Fields' A$38.7B cash-and-shares takeover proposal, saying it undervalues the company.
Read original ↗
Seeking Alpha·7dRead more →
AustraliaSouth Africa
Gold

Northern Star rejects Gold Fields takeover proposal

Australian gold miner Northern Star Resources announced on the 28th that it has rejected a takeover proposal from South African peer Gold Fields. Under the proposal put forward by Gold Fields, Northern Star shareholders would receive 0.3125 new Gold Fields shares and 7.25 Australian dollars in cash for each share they hold. Based on the share price immediately before the proposal was received, on September 11, the offer equated to 27.00 Australian dollars per Northern Star share, a premium of 22 percent, valuing the company at 38.7 billion Australian dollars. Based on the most recent share price, on the 25th, the offer falls to the equivalent of 25.19 Australian dollars per Northern Star share, a premium of 14 percent, and a valuation of 36.1 billion Australian dollars. Northern Star chairman Michael Chaney said in a statement that Gold Fields was attempting to acquire one of the world's leading gold asset portfolios at a highly opportunistic time and at a price well below what the company's board considers its intrinsic value.
GFI · Capital · Negative Gold Fields' takeover proposal for Northern Star was rejected, a setback to its M&A effort.
Northern Star Resources Limited · Capital · Positive Northern Star rejected Gold Fields' A$38.7bn takeover proposal, which the board deemed opportunistic and below intrinsic value.
Read original ↗
ロイター·7dRead more →
MaliCanada
Gold▲

Barrick Reaches Union Deal to Avert Strikes at Mali Gold Complex

Barrick Mining has reached an agreement with unions at its Loulo-Gounkoto gold complex in Mali, heading off strikes that threatened to disrupt operations beginning Monday. The agreement covers workers at the mine as well as Food & Events Africa, a contractor providing catering and support services, and resolves grievances over overtime pay, expense reimbursements and implementation of existing labor agreements. Food & Events Africa workers had planned a five-day strike starting Sept. 28, while workers at Barrick's Somilo and Gounkoto units had separately threatened four-day stoppages. The deal removes a near-term operational risk at one of Barrick's key African gold assets just as Loulo-Gounkoto is recovering from a prolonged shutdown; the complex only recently returned to Barrick's control following a bitter dispute with Mali's government, and Barrick said Loulo-Gounkoto produced about 190,000 ounces (7.18 ton) of gold during the first half of 2026. Barrick suspended operations in January 2025 and pursued international arbitration before Mali placed the complex under provisional state administration, and the two sides reached a settlement in November 2025 that returned operational control to the company.
B · Supply · Positive Union deal averts strikes at Loulo-Gounkoto, removing a near-term operational risk to gold output at a key asset.
Read original ↗
Seeking Alpha·8dRead more →
Mali
Gold▲

Barrick Mining Reaches Deal With Mali Unions, Averting Loulo-Gounkoto Strikes

Barrick Mining Corp has reached an agreement with unions representing workers at its Loulo-Gounkoto mine in Western Mali, averting strikes that were set to begin on Monday, according to Bloomberg, citing Abdoulaye Coulibaly of Mali's National Workers' Union, UNTM. Unions at Somilo SA and Gounkoto SA had each threatened four-day walkouts from September 28 through October 1 over overtime pay, mission-expense reimbursements and the implementation of existing labour agreements, while unions at catering contractor Food & Events Africa had separately called a five-day work stoppage from September 28 through October 2 over overtime pay, benefits and worker welfare. Coulibaly told Bloomberg the strike has been resolved. Loulo-Gounkoto generated approximately 190,000 ounces of gold in the first half of 2026 after Barrick restored operations following a November 2025 settlement with Mali's military-led government. The mine had been under provisional state administration since June 2025 after nearly two years of escalating conflict over a new mining code introduced in 2023 aimed at increasing the state's revenue share. The settlement required Barrick to pay the government $430 million and sign Mali's new mining code in exchange for dropped charges, the release of four detained staff members, and the termination of provisional state administration over the site, and Mali subsequently renewed the Loulo mining permit for 10 years in February 2026.
B · Regulation · Positive Barrick reached an agreement with Mali unions, averting strikes at Loulo-Gounkoto and avoiding operational disruption.
Read original ↗
Investing.com·8dRead more →
United StatesTürkiyeCanadaArgentina
Gold▲

SSR Mining Takes 15% Stake in Dobbin Project via New Nevada Joint Venture

SSR Mining has agreed to acquire a 15% interest in the Dobbin Project through a new joint venture with Phenom Resources Corp. The partners are forming a Nevada based JV company to oversee exploration and development activities at the Dobbin Project, expanding SSR Mining's project portfolio exposure to Nevada, a major US mining jurisdiction for precious and base metals. The 15% stake sits alongside SSR Mining's existing multi country pipeline, which spans the United States, Türkiye, Canada, and Argentina, and a CA$10.3b business already active in exploration and development. The real test of the arrangement will come when the initial US$4,000,000 contribution is spent and the JV moves to pro rata funding, with the key question being whether SSR Mining keeps funding at 15% or allows its interest to dilute toward an NSR royalty.
SSRM · Capital · Positive SSR Mining acquires a 15% stake in the Dobbin Project via a new Nevada joint venture, expanding its project portfolio.
Read original ↗
Simply Wall St·8dRead more →
AustraliaSouth AfricaUnited States
Gold

Gold Fields Approaches Northern Star Over Potential Takeover

Gold Fields Ltd has approached Northern Star Resources about a potential acquisition, but Australia's biggest gold miner rebuffed the overtures, Bloomberg News reported on Saturday, citing people familiar with the matter. Gold Fields has been considering its next steps after the approach, and the potential deal would deepen its exposure to Australia's gold assets. Northern Star has a market value of about A$31.5 billion, or $22.1 billion, while Gold Fields is valued at about $35.7 billion. The approach comes as Northern Star faces pressure from activist investor Elliott Investment Management, which has criticized the miner's performance and urged it to consider a sale or asset divestments. Northern Star appointed a new CEO in July amid the pressure, and has also cut production guidance several times over the past year, with problems at its Kalgoorlie processing plant weighing on output.
GFI · Capital · Positive Gold Fields approached Northern Star about a potential acquisition, deepening its exposure to Australian gold assets.
Northern Star Resources Limited · Capital · Negative Northern Star rebuffed Gold Fields' takeover approach, and the article notes activist pressure, a new CEO, and repeated production-guidance cuts
Read original ↗
Investing.com·9dRead more →
CanadaUnited StatesChile
Gold▼

Kinross Gold Cuts 2026-2027 Production Forecast, Shares Fall 11.6%

Kinross Gold Corporation cut its production forecast for 2026 and 2027 by about 8%, sending its shares down 11.6% to $24.42 on September 24, 2026, roughly 38% below their high and near a 52-week low. The company blamed unusually harsh winter weather and processing issues at its La Coipa mine in Chile, along with slower-than-planned mining at Round Mountain in Nevada, for the reduced output and higher per-ounce production costs. TD and BMO both lowered their price targets on the stock following the revision. Kinross raised its shareholder payout alongside the bad news, and every analyst covering the stock still rates it a Buy, with the average target 32% above the current price. The stock trades at about 10.5 times earnings, while institutional holdings slipped to 39 hedge funds in the second quarter of 2026 from 42 in the first.
KGC · Supply · Negative Kinross cut its 2026-2027 production forecast ~8% due to harsh weather and processing issues at La Coipa and slower mining at Round Mountain, raising per-ounce costs.
KGC · Capital · Positive Kinross raised its shareholder payout alongside the bad news.
Read original ↗
Insider Monkey·9dRead more →
Canada
Gold▲

Franco-Nevada Subscribes for 10 Million Banyan Gold Shares

Franco-Nevada Corporation has subscribed for 10 million shares of Banyan Gold Corp. in the company's previously announced financings. The subscription comprises 8,250,000 shares purchased under Banyan's best efforts private placement and 1,750,000 shares under the concurrent non-brokered private placement, both first announced on September 20, 2026. All other terms of the offering and the concurrent offering remain unchanged from that announcement. Shares sold under the offering will not be subject to a hold period under applicable Canadian securities laws, while shares sold under the concurrent offering carry a statutory hold period expiring four months and one day after issuance. Banyan's primary asset is the AurMac Project in Canada's Yukon Territory, and the company trades on the TSX Venture Exchange under the symbol BYN and on the OTCQB Venture Market under BYAGF.
FNV · Capital · Positive Franco-Nevada subscribed for 10 million Banyan Gold shares in Banyan's private placements, a financing investment.
Banyan Gold Corp. · Capital · Positive Banyan Gold secured Franco-Nevada's subscription for 10 million shares across its private placements, raising financing.
Read original ↗
GlobeNewswire·10dRead more →
China
Gold

Summary of announcements by Shanghai and Shenzhen listed companies on the evening of September 24: Sanan Optoelectronics' actual controller Lin Xiucheng detained; Hengtong Optoelectronics plans private placement to raise no more than 6.636 billion yuan

On the evening of September 24, multiple listed companies on the Shanghai and Shenzhen stock exchanges issued major announcements. Sanan Optoelectronics announced that it had received notice from the family of its actual controller Lin Xiucheng that Lin had been criminally detained by public security authorities on suspicion of embezzlement of his position and misappropriation of funds. Lin has not held any position in the company since July 10, 2017, and the company said the matter is unrelated to the company and will not have a material impact on production and operations. Hengtong Optoelectronics plans to issue shares to specific investors to raise no more than 6.636 billion yuan, for projects including research and production of next-generation optical fiber, construction of high-end optical new materials in Inner Mongolia, and research and development of advanced CPO packaging. Guanghuan Xinwang plans to make an additional investment of no more than 1.265 billion yuan in the Helinger intelligent computing center project, bringing total project investment to approximately 2.5 billion yuan and raising IT load capacity from 60 to 100 megawatts to 90 to 120 megawatts. China Life Insurance plans to subscribe for capital contributions of no more than 4.5 billion yuan in a partnership with total subscriptions of no more than 6 billion yuan, focusing on high-quality unlisted equity in the artificial intelligence and semiconductor sectors. Shandong Gold Mining has adjusted its 2026 gold production plan from no less than 49 tonnes to between 36 and 38 tonnes. The company's mined gold output in 2025 was 48.89 tonnes, and net profit attributable to the parent is expected to decline year on year in 2026. In addition, Zhongji Innolight completed a buyback of 5.6531 million shares for 4.997 billion yuan, Jifeng Auto Parts' controlling subsidiary received a nomination for a passenger car seat assembly project with an estimated total life-cycle value of 9.2 billion yuan, and EVE Energy plans to transfer a 45 percent stake in Hubei Enjie New Materials for 1.15 billion yuan.
600487.CG · Capital · Positive Hengtong Optoelectronics plans a private placement to raise up to 6.636 billion yuan for optical fiber, optical materials, and CPO packaging projects.
600547.CG · Supply · Negative Shandong Gold Mining cut its 2026 gold production plan to 36-38 tonnes from no less than 49 tonnes, with net profit expected to decline year on year.
600703.CG · Regulation · Negative Sanan Optoelectronics' actual controller Lin Xiucheng was criminally detained on suspicion of embezzlement and misappropriation of funds.
601628.CG · Capital · Positive China Life Insurance plans to subscribe up to 4.5 billion yuan in a partnership focused on high-quality unlisted AI and semiconductor equity.
Read original ↗
Eastmoney·11dRead more →
China
Gold▼

Shandong Gold sharply lowers 2026 gold output plan to 36–38 tonnes

Shandong Gold announced on 24 September that its board had approved a proposal to adjust the 2026 production and operating plan, changing the original target of no less than 49 tonnes of gold output to 36–38 tonnes of mined gold. The company said the external operating environment had changed since the plan was set at the start of the year, and the original output target was expected to be significantly affected. Factors behind the reduction include: in the first half of 2026, because other industry peers experienced safety incidents, the company's domestic mines carried out safety self-inspections as required, causing first-half gold output to fall year on year; at the same time, since the second half of 2026 the company has been carrying out work to improve safety-standard management and stepping up construction at domestic mines, especially advancing resource-integration projects in the Yantai area including Jiaojia Gold Mine, Xincheng Gold Mine, Sanshandao Gold Mine, Linglong Gold Mine and Penglai Mining. The project construction has reduced current-period production working faces. Shandong Gold said its mined gold output in 2025 was 48.89 tonnes, and output in 2026 is expected to fall by about 11–13 tonnes year on year. The decline is expected to have a certain impact on the company's main accounting figures for 2026 such as operating revenue, total profit and net profit, and net profit in 2026 is expected to decline year on year. In 2025 and the first half of this year, Shandong Gold's net profit rose 60.57% and 26.17% year on year respectively. The company said it will tap the potential of overseas mines to offset part of the impact of reduced domestic output, and coordinate infrastructure construction and production arrangements. In the coming years, as projects are completed and brought into production one after another, gold output will achieve steady growth.
600547.CG · Supply · Negative Shandong Gold cut its 2026 mined gold output plan to 36–38 tonnes from at least 49 tonnes, citing safety self-inspections and mine construction, which will hit 2026 revenue and net profit.
Read original ↗
证券时报·11dRead more →
United States
Gold

OceanaGold CEO Gerard Bond to Retire in April 2027

OceanaGold said President and CEO Gerard Bond plans to retire in April 2027 after five years leading the company. Bond will remain as a special advisor to the Board and the incoming CEO for six months after his departure to support the transition. The company has appointed Spencer Stuart to assist with the search for his successor, evaluating both internal and external candidates. OceanaGold also said it remains on track to deliver its 2026 production guidance and advance its growth pipeline.
OGC · · Neutral CEO Gerard Bond to retire in April 2027; no clear positive or negative driver, though 2026 guidance remains on track.
Read original ↗
Seeking Alpha·11dRead more →
United StatesCanada
Gold▲

Newmont Posts Record $2.2 Billion Quarterly Free Cash Flow

Newmont Corporation logged a record quarterly free cash flow of $2.2 billion in the second quarter of 2026, up 29% year over year, on net cash provided by operating activities of $2.9 billion, roughly 23% higher than the year-ago quarter. On its second-quarter call, the company said it expects to keep delivering strong free cash flows, helped by higher realized gold prices and its asset portfolio. Among peers, Barrick Mining Corporation reported second-quarter operating cash flow of $1.7 billion, up 28% year over year, and free cash flow of $515 million, up 30%, while its attributable free cash flow reached $1.35 billion in the first half of 2026, up 211% year over year. Agnico Eagle Mines Limited generated record second-quarter free cash flow of roughly $1.3 billion on operating cash flow of about $2.1 billion, up around 16%. Newmont shares have rallied 52.4% in the past year, and the Zacks Consensus Estimate implies 2026 and 2027 earnings growth of 31.9% and 10.9%, respectively.
NEM · Capital · Positive Newmont posted record quarterly free cash flow of $2.2 billion, up 29% year over year, on operating cash flow of $2.9 billion.
AEM · Capital · Positive Agnico Eagle generated record Q2 free cash flow of ~$1.3 billion on operating cash flow of ~$2.1 billion, up ~16%.
B · Capital · Positive Barrick reported Q2 operating cash flow of $1.7 billion (up 28%) and free cash flow of $515 million (up 30%).
Read original ↗
Zacks Investment Research·12dRead more →
CanadaUnited States
Gold▲

Agnico Eagle Returns Record $625 Million to Shareholders in Second Quarter

Agnico Eagle Mines Limited returned a record $625 million to shareholders through dividends and share repurchases in the second quarter, equal to 48% of its first-half free cash flow and above its roughly 40% annual target. The company returned $1 billion in the first half of 2026, repurchasing $550 million of shares and raising its quarterly dividend by 12.5% to 45 cents per share. Agnico Eagle generated record second-quarter free cash flow of roughly $1.3 billion on higher realized gold prices, cost control and strong operational results, with operating cash flow of about $2.1 billion, up around 16% from a year earlier. The company returned around $1.4 billion to shareholders in 2025, a third of its free cash flow, and plans to return 40% of annual free cash flow this year. Among peers, Barrick Mining Corporation returned $1.5 billion in the second quarter, including $1.21 billion of buybacks under its $3 billion authorization, while Newmont Corporation has distributed $3.4 billion in 2025 and $1.9 billion since April 23, 2026, with $4.3 billion remaining under its $6 billion repurchase program.
AEM · Capital · Positive Agnico Eagle returned a record $625M via dividends and buybacks, raised its quarterly dividend 12.5%, on record Q2 free cash flow of ~$1.3B.
B · Capital · Neutral Barrick is cited only as a peer comparison, returning $1.5B in Q2 including $1.21B of buybacks; no company-specific development.
NEM · Capital · Neutral Newmont is mentioned only for context, having distributed $3.4B in 2025 and $1.9B since April 2026 with $4.3B remaining under its buyback program.
Read original ↗
Zacks Investment Research·12dRead more →
CanadaAustraliaUnited States
Gold▲

Vista Gold Agrees to Artemis Gold Takeover in All-Stock Deal

Vista Gold Corp. announced on September 21 that it had agreed to be acquired by Artemis Gold Inc. in an all-stock deal signed September 20, under which Vista shareholders would receive 0.0966 Artemis common shares for each existing common share and own approximately 5% of the combined company, excluding Artemis's existing 4.95% stake in Vista, which Artemis intends to cancel at completion. The acquisition requires no cash consideration or new acquisition debt, and Vista ended June 2026 with $49.5 million in cash and no debt, which management described as sufficient for interim development objectives. The central question is whether Artemis, which operates the Blackwater mine in British Columbia, can supply the capital and execution needed to bring Australia's Mt Todd gold project into production, since Mt Todd construction spending is expected only after Blackwater's Phase 1A and EP2 expansions are completed, with EP2 completion expected by mid-2028. Closing is targeted for January 2027, subject to shareholder, court and regulatory approvals. Insider Monkey's database showed 8 hedge funds holding Vista Gold at the end of 2Q2026, down from 10 funds three months earlier.
VGZ · Capital · Positive Vista Gold agreed to be acquired by Artemis Gold in an all-stock deal, giving shareholders 0.0966 Artemis shares each.
Artemis Gold Inc. · Capital · Positive Artemis Gold is acquiring Vista Gold in an all-stock deal, adding the Mt Todd gold project to its portfolio.
Read original ↗
Insider Monkey·12dRead more →