The rally in energy-based commodities is gaining momentum thanks to artificial intelligence data center demand, heightening prospectivity for Globex Mining (TSX:GMX), an explorer whose portfolio addresses every major energy requirement.
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By the ounce
At the time of writing on Tuesday, the price of gold sat at an all-time-high of US$2,949.90 per ounce, up from US$2,931 in our Feb. 12 update, according to data from The Globe and Mail.
This week in gold
B2Gold (TSX:BTO) purchased 484,239 shares of Founders Metals (TSXV:FDR) for C$5.30 per share, representing a C$2.57 million investment in the junior gold explorer.
Arizona Gold & Silver (TSXV:AZS) reported continuous gold mineralization with the potential for bulk-mineable grades on its Philadelphia project in northwestern Arizona.
i-80 Gold (TSX:IAU;NYSE:IAUX) published a preliminary economic assessment for its Archimedes underground project within its broader Ruby Hill complex in Nevada.
Top six trending gold stocks
- Laurion Mineral Exploration (TSXV:LME) | 20,600+ views.
- New Found Gold (TSXV:NFG) | 18,300+ views.
- Maritime Resources (TSXV:MAE) | 6,700+ views.
- American Creek Resources (TSXV:AMK) | 5,800+ views.
- Calibre Mining (TSX:CXB) | 5,600+ views.
- No other gold stocks in the top 10 mining bullboards this week. See you next week!
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(Top photo of April 2024 drilling at the Philadelphia project: Arizona Gold & Silver)
