Gold Slump Is Masking a $20 Billion Miner Cash Pile

Shares of precious metals-related companies are trading lower after stronger-than-expected inflation data boosted expectations for a Federal Reserve rate hike in October. Gold and silver prices are declining amid a stronger U.S. dollar and rising Treasury yields, which make non-yielding precious metals less attractive to investors.

Shares of precious metal-related companies are trading lower as climbing yields and a stronger dollar raise rate-hike expectations. President Trump's rejection of Iran's plan to reopen the Strait of Hormuz and a possible diesel export ban are boosting oil prices and contributing to mounting inflationary concerns as regional conflict continues.

Allied Gold Connects Kurmuk Mine To Ethiopian Grid And Crushes First Ore Ahead Of Commercial Production

Allied Gold Corporation (TSX:AAUC, NYSE:AAUC) ("Allied" or the "Company") is pleased to provide an update on the Kurmuk Mine (the "Kurmuk Mine") in Ethiopia. As the Kurmuk Mine completes

UBS Maintains Neutral on Agnico Eagle Mines, Raises Price Target to $190

Shares of precious metal-related companies are trading lower as gold prices decline while investors await the Federal Reserve's September meeting minutes. The commodity is also facing pressure from rising yields and a stronger dollar.

Barrick to Report Third Quarter 2026 Results on November 9

Barrick Mining Corporation will release its third quarter 2026 results on November 9, 2026, before market open at 6:00 a.m. ET, followed by a live webcast and presentation at 11:00 a.m. ET with a Q&A session for analysts. The company also announced completion of environmental monitoring exercises at its Pueblo Viejo mine and renewal of mining licenses in Tanzania for 15 years.