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Miners confirm major gold findings in Atacama
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Two mining companies announced progress on gold projects in the Maricunga corridor in Chile's Atacama region. President José Antonio Kast also backed Kinross's Lobo Marte project.
Gold prices in Egypt dropped sharply on Tuesday to their lowest level this year amid falling global markets and a stable Egyptian pound.
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Gold prices remained unchanged as progress in U.S.-Iran peace talks provided some regional stability. Rising expectations for a December Federal Reserve interest rate hike weighed on the metal. Traders increased bets on the rate increase.
Lundin Gold Inc. held its Q1 2026 earnings conference call on May 7, highlighting solid results at its Fruta del Norte mine. CEO James Beck noted the quarter as a strong start to the year with significant free cash flow generated.
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An analyst has named Aris Mining (NYSE:ARIS) as the top pick in the gold sector, projecting significant production growth and financial gains. The company aims to quadruple output by 2031, with EBITDA expected to triple by 2027 under high gold price assumptions. The stock carries a price target of $38 for 2027, suggesting over 100% upside.
A 1.3kg gold belt from 1965 is up for sale at Swedish auction house Auctionet. The highest bid stands at 1.15 million kronor, with an expected final bid of 1.3 million kronor. Auction officials call it extremely rare.
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Gold exchange-traded funds in India saw net inflows of a record ₹68,867 crore in the financial year 2026. This represented a 364% year-on-year increase, or about 4.5 times more than the prior year. The growth outpaced equity and debt funds, capturing nearly 10% of total mutual fund inflows.
FEI Precious Metals Division Forms Export Committee
Jumamosi, 6. Mwezi wa sita 2026, 11:45:34Young investors fuel Egypt digital gold boom
Jumapili, 31. Mwezi wa tano 2026, 21:45:28Egyptian pound strengthens as gold prices fall 2.7 percent in May
Ijumaa, 29. Mwezi wa tano 2026, 22:27:25Gold demand drops sharply in India after duty hike
Jumanne, 26. Mwezi wa tano 2026, 22:40:36Gold edges higher on weaker dollar amid US-Iran talks
Jumamosi, 2. Mwezi wa tano 2026, 02:53:09Gold Prices Consolidate in $4,600-$4,800 Range for Nearly Two Months Amid Tensions
Ijumaa, 1. Mwezi wa tano 2026, 18:16:38Gold prices eye 2% weekly drop amid West Asia conflict and oil surge
Alhamisi, 30. Mwezi wa nne 2026, 11:03:07Silver and gold prices bounce after FOMC meeting
Jumanne, 28. Mwezi wa nne 2026, 11:23:52Westgold Resources delivers strong Q3 gold production and cash growth
Alhamisi, 23. Mwezi wa nne 2026, 08:03:07Three gold brands at Pegadaian drop prices simultaneously Friday morning