In this week’s Stockhouse Gold Report, we bring you a well-rounded look at how gold mining companies can fuel shareholder value, focusing on M&A, production growth, new discoveries and expectation-beating earnings.
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.
We begin with NovaGold Resources (TSX:NG), which increased its stake in Donlin Gold from 60 to 100 per cent. Donlin’s eponymous project in Alaska is expected to produce 1.1 million ounces of gold over a 27-year mine life, currently standing as the largest gold development project in the United States.
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By the ounce
At the time of writing on Wednesday, the price of gold was US$4,038.13, according to data from ADVFN, down from US$4,119.5 per ounce in our July 22nd report, falling in response to ongoing US-Iran hostilities and higher oil prices. Investors are worried about ensuing inflation leading to an interest rate hike from the US Federal Reserve, which would make gold less attractive given its lack of yield. The metal has given back more than 20 per cent of its value since the US-Iran war began on February 28th.
This week in gold
On the production side, Integra Resources (TSXV:ITR) increased gold production by 30 per cent quarter-over-quarter, with leadership expecting continued growth through the end of the year, ultimately meeting annual guidance of 70,000 to 75,000 ounces.
On the exploration side, Independence Gold (TSXV:IGO) broadened the appeal of its 3Ts project in British Columbia with a new vein measuring 9.10 metres at 14.70 grams per ton (g/t) gold and 36.70 g/t silver, following up a robustly mineralized discovery in June, an illustrative geophysical survey in January, new gold-in-soil anomalies in December, a value-added updated resource estimate in November and another substantial discovery last July. Despite positive news flow and generationally high gold prices, Independence Gold stock has given back 15.38 per cent year-over-year.
We close out this week’s Gold Report with the mighty Newmont (NYSE:NEM), whose US$2.10 in earnings per share in Q2 2026, comfortably ahead of Wall Street’s expected US$1.99, keep the top gold producer on track to meet full-year guidance, including a US$1.4 billion investment to advance its portfolio and reinforce its ability to create long-term shareholder value.
Top trending gold stocks
- New Found Gold (TSXV:NFG) | 13,600+ views.
- West Red Lake Gold Mines (TSXV:WRLG) | 6,200+ views.
- Tudor Gold (TSXV:TUD) | 4,700+ views.
- Monument Mining (TSXV:MMY) | 3,100+ views.
- Equinox Gold (TSX:EQX) | 3,100+ views.
- NorthIsle Copper and Gold (TSXV:NCX) | 2,800+ views.
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