Our top story in this week’s gold report centers on Foraco (TSX:FAR), a leading drilling company landing more than US$60 million in new contracts with Tier-one gold producers in the United States.
Foraco’s established profitability, including positive net income over the past five years, has resulted in a more than 370 per cent return since 2020, with the added revenue positioning the company to carry on creating value.
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This content has been prepared as part of a partnership with mining companies Foraco International, Walker Lane Resources, TomaGold, Sranan Gold, Barrick Mining, B2Gold and Desert Gold Ventures, and is intended for informational purposes only.
By the ounce
At the time of writing on Wednesday, the price of gold was US$4,193, according to data from ADVFN, down slightly from US$4,255 per ounce in our December 3rd report, holding steady near an all-time-high in anticipation of dovish interest rate decisions from the Bank of Canada and US Federal Reserve.
This week in gold
Other notable gold stories in this week’s report include Walker Lane Resources (TSXV:WLR), a mineral explorer about to drill what the data suggests to be untapped high-grade gold and silver deposits in two of North America’s most prolific mining districts. The contrast between the properties’ multi-kilometre mineralized trends and the stock’s 50 per cent loss since inception bodes well for 2026, contingent on positive news flow.
We also conducted deep dives into TomaGold (TSXV:LOT) and Sranan Gold (CSE:SRAN), a pair of junior gold stocks whose underlying companies are advancing properties prospective for large-scale mineralization apt to usher them beyond micro-cap status. Ongoing exploration, actively tracking what could be significant gold systems, makes the explorers a pair to watch in 2026.
The same can be said for B2Gold (TSX:BTO), Desert Gold Ventures (TSXV:DAU) and Barrick Mining (TSX:ABX), each of which is developing high-value gold projects in Mali under a more stable regulatory environment, following Barrick’s resolution of a multi-year tax dispute with the national government.
Top trending gold stocks
- New Found Gold (TSXV:NFG) | 31,600+ views.
- Tudor Gold (TSXV:TUD) | 8,600+ views.
- Monument Mining (TSXV:MMY) | 7,800+ views.
- West Red Lake Gold Mines (TSXV:WRLG) | 6,000+ views.
- Pirate Gold (TSXV:YARR) | 3,700+ views.
- Freegold Ventures (TSX:FVL) | 3,400+ views.
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