British Columbia stands as one of the world’s premier mining jurisdictions, renowned for its rich geological endowment and mining-friendly regulatory environment. From the historic gold rushes of the 19th century to today’s high-tech exploration for critical and battery metals, the province continues to attract global attention.
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By the ounce
At the time of writing on Wednesday, the price of gold was US$3,303.69 per ounce, a slight change from US$3,311.55 in our July 2nd report, according to data from The Globe and Mail, as global markets adjust to the ongoing geopolitical tensions between Israel and Iran, as well as Ukraine and Russia.
This week in gold
West Red Lake Gold Mines Ltd. (TSXV:WRLG) released positive results of a Preliminary Economic Assessment prepared in accordance with National Instrument 43-101 – standards for mineral projects for a toll milling mine operation at its Rowan project in the Red Lake Gold District of northwestern Ontario.
Aris Mining Corp. (TSX:ARIS) and McFarlane Lake Mining Ltd. (CSE:MLM) have signed a definitive asset purchase agreement for the sale of Aris Mining’s Juby Gold project and related interests in Ontario. The total consideration is valued at US$22 million.
Sandstorm Gold Ltd. (TSX:SSL) has signed a definitive arrangement agreement with Royal Gold Inc., who will acquire all the issued and outstanding common shares of Sandstorm in an all-share transaction with an implied value of approximately US$3.5 billion.
Top trending gold stocks
- Almonty Industries (TSX:AII) |15,900+ views.
- Laurion Mineral Exploration (TSXV:LME)| 15,600+ views.
- HPQ Silicon Inc. (TSXV:HPQ) | 11,300+ views.
- New Found Gold (TSX:NFG) | 9,900+ views.
- Ivanhoe Mines Ltd. (TSX:IVN) | 5,900+ views.
- Fortune Minerals (TSX:FT) | 5,500+ views.
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