Gold Fields Limited American Depositary Shares (GFI)

On Behalf of Opawica Explorations Inc. Gold prices are continuing their bull run, smashing an all-time high of nearly $2,800 in October, underscoring its role as a hedge against inflation. November could see even more momentum, with inflation data, a crucial Federal Reserve meeting, and global uncertainties potentially driving gold prices toward the $3,000 mark.  … Continue reading "Gold Prices Near $3,000 as Inflation Drives 2024 Rally"

On Behalf of Opawica Explorations Inc. Gold prices are soaring, hitting a new record high above $2,700 per ounce as inflation concerns drive renewed interest in the precious metal. Hedge fund titan Paul Tudor Jones recently described inflation as the inevitable path forward, prompting investors to turn to assets like gold. As bullion gains nearly … Continue reading "Gold Price Rally Breathes New Life into Canadian Mining Companies"

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Gold has surged to new all-time highs, defying expectations amidst a robust U.S. economy and soaring stock market trading near all highs

Gold surged amid uncertainty, with Alamos Gold and Gold Fields leading. Investors often turn to gold as a hedge against inflation and geopolitical turmoil

PALM BEACH, Fla., Aug. 14, 2024 (GLOBE NEWSWIRE) -- FN Media Group News Commentary - A research article from J.P.Morgan said that Gold prices continue to hit all-time highs, driven by a multitude of factors including heightened geopolitical risks, expectations the Fed will begin lowering rates and central bank buying. The article continued: “Gold prices have continued to hit fresh highs in 2024 due to a wide range of factors — from escalating geopolitical risks and the interest rate outlook to budget deficit concerns, inflation hedging and central bank buying. Gold’s blistering rally this year was partly fueled by expectations the Federal Reserve (Fed) would cut interest rates as many as three times in 2024, as stubborn inflation started to ease. But current projections suggest only one rate cut is penciled in for the remainder of 2024. Gold’s resurgence has come earlier than expected, as it further decouples from real yields. We have been structurally bullish gold since the fourth quarter of 2022 and with gold prices surging past $2,400 in April, the rally has come earlier and has been much sharper than expected. It has been especially surprising given that it has coincided with Fed rate cuts being priced out and U.S. real yields moving higher due to stronger labor and inflation data in the U.S,” said Gregory Shearer, Head of Base and Precious Metals Strategy at J.P. Morgan.   Active Mining Companies in the markets today include Asia Broadband Inc. (OTCPK: AABB), Gold Fields Limited (NYSEGFI), Kinross Gold Corporation NYSE: KGCNYSEKGC)(NYSE: GOLDNYSEGOLD, IAMGOLD Corporation (NYSE: IAGNYSE).

NetworkNewsWire Editorial Coverage : In uncertain economic times, stability is a rare commodity. Historically, one of the most stable spaces during fragile economies is gold, a highly liquid asset that carries no credit risk and preserves its value over time. The precious metal also benefits from diverse sources of demand: as an investment, a reserve asset, gold jewelry , or a technology component. These attributes mean gold can enhance a portfolio in three ways: delivering long-term returns, improving diversification and providing liquidity. Many gold mining companies, including GEMXX Corp. (OTC: GEMZ) ( Profile ) , are seeing significant growth and success during the recent volatile economy. Quickly graduating past startup phase and seeing global growth in mere months, GEMXX is now eyeing vertical integration — a noteworthy differentiator in the gold sector. In addition to gold, the company mines ammolite, a gemstone similar to black opal. With colored gems sparking a hot jewelry trend, this added offering distinguishes GEMXX from many in the gold space. Other mining companies seeing notable success in the gold sector include Wheaton Precious Metals Corp. (NYSEWPM) ; McEwen Mining Inc. NYSE: MUXNYSEMUX)(NYSE: GFINYSEGFI …

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Alamos Gold reports robust earnings and a revenue surge, while its chart shows a tight trading range that indicates investor support.

Expectations of EPS growth in the next two years are driving Axon, Gold Fields and Ceridian higher. All are expected to show earnings increases of 25% or more

Gold stocks are among the leaders in recent months. Rather than being correlated with the equity market, they show inverse performance relative to the dollar.

TORONTO, Oct. 21, 2022 (GLOBE NEWSWIRE) -- Yamana Gold Inc. (TSX:YRI; NYSE:AUY; LSE:AUY) (“Yamana” or the “Company”) is pleased to announce the management information circular (the “Information Circular”) and related meeting and proxy materials in connection with the special meeting of shareholders (the “Yamana Meeting”) scheduled to be held on November 21, 2022 is expected to be filed and made publicly available after the market close today. The purpose of the Yamana Meeting is to seek approval for the previously announced proposed business combination whereby all of the issued and outstanding common shares of Yamana will be acquired by a wholly-owned subsidiary of Gold Fields Limited (JSE, NYSE: GFI) (“Gold Fields”) by way of a plan of arrangement under the Canada Business Corporations Act.

FN Media Group Presents Microsmallcap.com Market Commentary   New York, NY – June 7, 2022 – Last year, the gold market saw several monumental mergers and acquisitions (M&A), and 2022 is following that same pattern. Depleting gold reserves, market pressure to bolster valuations and gold asset scarcity are sending larger miners on the lookout for […]

Palm Beach, FL – June 14, 2022 – FinancialNewsMedia.com News Commentary – Experts expect to see more consolidation among mid-tier gold companies this year, as well as geographic and commodity diversification. Investingnews.com said that the gold sector saw an impressive US$21.3 billion spent on mergers and acquisitions (M&A) in 2021, a sharp uptick from 2020’s total, […]

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Palm Beach, FL – August 10, 2021 – FinancialNewsMedia.com News Commentary  – After a record year, gold is bound to see more gains in the medium and long-term, according to the CPM’s Gold Yearbook. The CPM Gold Yearbook 2021 contains definitive and detailed statistics and analysis on the international gold markets. The pandemic has changed the world, making some of the existing problems even worse and setting gold up to benefit, the CPM Group said.  “While the pandemic will eventually pass, it has left the world changed and has in fact compounded and worsened some of the factors that are supportive of gold prices,” the CPM Group said.  The biggest drivers that will support gold as the world reopens include sovereign and private sector debts, deficits, and ultra-loose monetary policies.  Governments around the world will struggle to reverse the fiscal policies introduced as a response to the pandemic, said the CPM Group, citing lackluster economic growth in coming years.  Active stocks in the mining markets this week include Calibre Mining Corp. (OTCQX: CXBMF) (TSX: CXB), Franco-Nevada Corporation (NASDAQFNV), B2Gold Corp. NYSE: BTGNYSEBTG)(NYSE: GFINYSEGFI, Alamos Gold Inc. (NYSE: AGINYSE) (TSX: AGI).

Palm Beach, FL – December 2, 2021 – FinancialNewsMedia.com News Commentary – Gold has again risen to all-time highs because investors have again rushed to its traditional ‘safe haven’. It rises not despite the pandemic… but because of the global crisis. The trading price is predicted by many to continue to soar and miners are […]

FN Media Group Presents Oilprice.com Market Commentary

Palm Beach, FL – May 19, 2021 – Gold is not an asset that is prone to big price swings, or high volatility, but it is known to almost constantly be growing as its uses and market desire keep growing. Also, the fact that Gold is an asset that is scarce, but with an uncertain supply, means the markets are often worth watching and forecasting gold prices for the next 10 years can often lead to positive gains over this long period of time. A report from industry insider, PRIME XBT made several predictions for Gold’s future. They said that: “The gold price prediction today, and the gold price forecast 2021 looks like it could be a really positive one, and it also comes off the back of a really good year in 2020 for the precious metal which had many geo-political factors impact its price and its growth in an upward trend.  The London Bullion Market Association (LBMA) projected that: “According to the consensus outlook from analysts entering today’s precious metals price forecast competition from the London Bullion Market Association, the GOLD PRICE will average $1974 per ounce across 2021, a rise of 11.5% from 2020’s record-high annual average as mass vaccinations worldwide spur a strong economic recovery from the Covid pandemic but central banks and governments continue their unprecedented monetary and deficit-spending stimulus.”    Active stocks in the mining markets this week include Golden Independence Mining Corp. (OTCQB: GIDMF) (CSE: IGLD), Hecla Mining Company (NYSEHL), Newmont Corporation NYSE: NEMNYSENEM)(NYSE: GFINYSEGFI, Kinross Gold Corporation (NYSE: KGCNYSE) (TSX: K).

Palm Beach, FL –October 7, 2021 – FinancialNewsMedia.com News Commentary  – Gold mining is the resource extraction of gold by mining. Increase in demand for gold and increase in the use of gold in various industries drive the growth of the gold mining market. Development of better mining equipment is expected to provide lucrative growth […]

Palm Beach, FL – May 11, 2021-  The Pandemic has not just harmed humans, it has shred economies around the world, but as each country tries to heal their economy there are unintended results. For instance, in the US, high inflation as a result of large government initiatives… drives the price of precious metals up and up. A December article by metals watchers, FXEmpire said that the collapsing dollar could push gold to $2300 by May 2021. They said that: “The dollar is in the middle of a significant devaluation. The current breakdown could extend into Q2 2021 before the next rebound. We expect sharply higher precious metals prices as a result, with silver and platinum taking the lead… We are in a similar setup to the post-trendline breakdown of gold in 2002/2003. Consequently, (we) believe the dollar is on the verge of an accelerated decline towards 80. The weakening dollar should push gold higher into April/May 2021 before the next 6-month cycle correction.”  Another industry insider, Kitco.com said: “Gold is looking to post its biggest weekly gain since the start of the year as prices crack through $1,800 and set sights on $1,850 an ounce. Analysts are not even ruling out $1,900 for next week, as they cite inflation fears and weaker U.S. dollar. At one point, gold was up more than $70 on the week on Friday, trading above $1,840 an ounce. This strength comes after more than two months of consolidation below the $1,800 level. The final push higher came as the U.S. posted much weaker-than-expected employment data. The U.S. saw only 266,000 jobs created in April. And even though that the number is still healthy, markets were expecting to see one million jobs. The disappointment was doubled when the March figures were revised from 916,000 to 770,000.”     Active mining stocks mentioned in today’s commentary include:  Ridgestone Mining Inc. (OTCQB: RIGMF) (TSX-V: RMI), Barrick Gold Corporation (NYSEGOLD) (TSX:ABX), YAMANA GOLD INC. NYSE:AUYNYSEAUY)(NYSE:KLNYSEKL (TSX:KL), Gold Fields Limited (NYSE: GFINYSE).