The average price forecast for 2026 has been lowered from $4,864 to $4,490, yet HSBC simultaneously stated that gold "may be near its bottom"; this round of downward pressure on gold prices is driven not by a retreat in safe-haven demand, but by expectations of interest rate hikes and oil prices above $100.
Rio2 Limited has restructured into a dual-asset producer, advancing its Phoenix gold operation toward fourth-quarter commercial output while launching an expansion at its Peruvian Condor Durazno copper-gold project.
South African miner Gold Fields has put forward a $27 billion offer to acquire Australian operator Northern Star Resources, targeting creation of the globe’s second-biggest gold producer.
Wildsky Resources has entered into a letter of intent to acquire a full ownership stake in Zimbabwe’s Xinling Gold Mine.
Labor disputes at Philex Mining’s Padcal copper-gold operation in the Philippines have escalated toward a potential work stoppage following stalled collective bargaining agreement negotiations.
MGX Resources has officially transferred its Kola Island iron ore operations, marking a definitive exit from base metals and a strategic shift toward gold-focused development.
A gold mining firm has temporarily suspended underground operations at its Windfall property in Quebec following the expiration of a required regulatory permit.
Montage Gold has accelerated the startup timeline at its Koné operation in Côte d’Ivoire, reaching initial gold output earlier than originally planned.
Barrick Gold has reached a settlement with a Malian gold workers’ union to resolve ongoing labor tensions and secure uninterrupted mine operations.
Barrick Gold has finalized a revised labor agreement with workers at its Mali-based Loulo-Gounkoto complex, successfully preventing an imminent work stoppage that could have disrupted output.
A United States federal body has issued a supplemental environmental impact statement focusing on potential tailings dam failures at the Donlin gold project.
Capricorn Metals has been upgraded by a leading Australian brokerage after finishing the Kalawinda gold mine expansion and commissioning its new processing plant.
Côte d’Ivoire’s Koné gold operation has produced its inaugural doré pour while advancing its oxide processing line toward full commercial output.
Unconfirmed reports indicate Jintian may be considering an acquisition of Australian gold producer Northern Star Resources, though no official statements have been issued.
Deccan Gold has initiated early commercial production at its Kyrgyzstan gold project following a successful output ramp-up phase.
Mt Malcolm Mines has published its inaugural JORC-compliant resource estimate while confirming the procurement of essential equipment for the development of its Malcolm Gold project.
Kinross Gold has lowered its production forecasts for 2026 and 2027 while trimming shareholder dividends to manage ongoing operational headwinds.
Osisko Gold Royalties is assessing a 50 percent capacity increase at its Waihi processing facility in New Zealand to accommodate future production from the Wharekirauponga deposit while extending operations at the Martha underground mine.