AI-generated image of gold bars beside a computer with a financial chart.
generated image of gold bars beside a computer with a financial chart.
(Source: Adobe Stock)

Cyanide was detected near Victoria Gold’s (TSX:VGCX) Eagle Gold Mine in Yukon Territory in the aftermath of the June 24 landslide and failure of a heap leach pad at the property.

Yukon’s energy and mines minister John Streicker said samples taken from the mine’s site indicated a cyanide presence of 8.58 mg per litre, which is much higher than the allowed levels of 0.005 mg per litre or five parts per billion.

Click here for the full story.

G Mining Ventures Announces First Gold Pour at Tocantinzinho Project

Commodity prices

As of the time of this writing Tuesday, the price of gold sits at US$2,363.40 per ounce, which is up 0.29 per cent over a one-week period, according to data from Kitco.com.

This week in gold

  1. New Found Gold (TSXV:NFG) completes its purchase of Labrador Gold’s Kingsway Project in Newfoundland.
  2. Relevant Gold (TSXV:RGC) has entered into an agreement with Kinross Gold (TSX:K) for the purpose of a $1.53 million private placement
  3. BULGOLD (TSXV:ZLTO) has begun exploration diamond drilling at the Lutila Gold Project in Slovakia.
  • Victoria Gold (TSXV:VGCX)
  • New Found Gold (TSXV:NFG)
  • Laurion Minerals Exploration (TSXV:LME)
  • Fortune Minerals (TSX:FT)
  • G Mining Ventures (TSX:GMIN)
  • Wesdome Gold Mines (TSX:WDO)

Join the discussion: Find out what everybody’s saying about public companies and hot topics about stocks at Stockhouse’s stock forums and message boards.

The material provided in this article is for information only and should not be treated as investment advice. For full disclaimer information, please click here.


More From The Market Online
AI-generated image of gold bars beside a computer with a financial chart.

The Market Online’s Weekly Gold Report – July 24, 2024

The Market Online reviews the week's top gold stories, gold prices, gold company news and trending gold stocks.
Periodic table concept with uranium element is glowing among black cubes

Fueling the Future: Uranium market activity for the week of July 22

In this week's uranium market update, companies such as Centrus Energy, Aero Energy, Myriad Uranium and SKRR Exploration made headlines.
Bank of Canada Governor Tiff Macklem and Senior Deputy Governor Carolyn Rogers

Bank of Canada cuts interest rate: 4 investment catalysts to consider

The Bank of Canada cut rates for a second meeting in a row thanks to favourable inflation, unemployment and consumer spending trends.
A worker using a pickaxe to extract uranium ore from a rock face.

Top 9 Canadian uranium stocks to watch

Canada ranks second in terms of uranium production globally and hosts some of the top uranium mining companies in the world.