Stockhouse’s Weekly Gold Report brings you top stories about mining stocks vying for a spot on your watchlist.
Our headline story shines a light on West Red Lake Gold Mines (TSXV:WRLG), which posted Q3 production of 7,859 ounces of gold from its Madsen Mine in Ontario, in the midst of an ongoing production ramp-up planned throughout the rest of the year.
This article is a journalistic opinion piece which has been written based on independent research. It is intended to inform investors and should not be taken as a recommendation or financial advice.
While 2026 production guidance was revised down because of labour challenges, an upcoming pre-feasibility study promises to set market expectations for the long term.
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By the ounce
At the time of writing on Wednesday, the price of gold was US$4,065.31, according to data from ADVFN, down from US$4,168.47 per ounce in our October 21st report, representing a 1.87% gain year-over-year.
The safe-haven metal has been faltering as of late, with WTI climbing past the US$100 per barrel mark and reports of the latest peace deal to bring an end to the US and Israel’s war with Iran falling on deaf ears.
An expected hold on interest rates from the US Federal Reserve, to be announced at 2 pm ET, will, nevertheless, offer insights through accompanying commentary, right-sizing investor expectations for the months ahead.
This week in gold
Nexgold Mining (TSXV:NEXG) remains on track to release an updated feasibility study for its Goldboro Gold Project in Nova Scotia in Q4. The company is checking off development activities and moving closer to a potential construction decision on the more than 3-million-ounce project.
Goldsky Resources (TSXV:GSKR) yielded a highlight of 12.6 metres at 233.56 grams per ton of gold from 2026 drilling at its Rajapalot Gold and Cobalt Project in Finland, setting an optimistic tone for upcoming updates to the project’s resource estimate and preliminary economic assessment. Inferred resources are currently estimated at 900,000 ounces of gold and 4,311 tons of cobalt.
We end this week’s Gold Report with initial due diligence on Orogen Royalties (TSXV:OGN), a mining royalty generator and acquiror, whose more than 10-bagger return since inception in 2021 appears to be only the beginning of its value-creation story, with 70,000 metres in partner-funded drilling planned in 2026 alone.
Top trending gold stocks
- New Found Gold (TSXV:NFG) | 17,600+ views.
- West Red Lake Gold Mines (TSXV:WRLG) | 9,200+ views.
- Monument Mining (TSXV:MMY) | 5,800+ views.
- Tudor Gold (TSXV:TUD) | 4,200+ views.
- Sirios Resources (TSXV:SOI) | 2,600+ views.
- Nexgold Mining (TSXV:NEXG) | 2,200+ views.
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