Euro Sun Mining (TSX:ESM) signed a copper concentrates prepayment facility for up to US$200 million to advance its Rovina Valley project in Romania, which boasts one of the world’s largest undeveloped copper-gold deposits and the second-largest in all of Europe.
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By the ounce
At the time of writing on Wednesday, the price of gold was US$3,337 per ounce, down from US$3,405 in our June 18 report, according to data from The Globe and Mail, as global markets rebound following a ceasefire between Israel and Iran.
This week in gold
LaFleur Minerals (CSE:LFLR) is on track to pour its first gold in 2026 at its Beacon mill in Quebec amid ongoing progress towards a preliminary economic assessment at its vastly untapped Swanson project. The 750-ton-per-day mill resides near numerous third-party gold deposits.
Cygnus Metals (TSXV:CYG) received C$16.2 million in commitments from institutional and sophisticated investors. The funds will support resource growth, technical studies and permitting at its flagship Chibougamau copper-gold project in Quebec, which holds estimated resources of 306,000 tons of copper and 314,000 ounces of gold.
New Gold (TSX:NGD) and Globex Mining (TSX:GMX) represent brightening opportunities to benefit from record gold prices, given their portfolios’ long-term development runways and their stock prices’ recently exponential trajectories.
Top trending gold stocks
- Laurion Mineral Exploration (TSXV:LME) | 20,000+ views.
- New Found Gold (TSX:NFG) | 10,200+ views.
- West Red Lake Gold Mines (TSXV:WRLG) | 8,000+ views.
- Maritime Resources (TSXV:MAE) | 7,500+ views.
- Fortune Minerals (TSX:FT) | 7,000+ views.
- Freegold Ventures (TSX:FVL) | 6,600+ views.
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