Back to news

Gold Mining Entering a Potentially Explosive New Phase as Gold Hovers Above $4,300/oz

Globe Newswire24/09/202608:30 ET
0

NEW YORK, Sept. 24, 2026 (GLOBE NEWSWIRE) -- FN Media News Commentary - Gold mining is operating in a dramatically different environment than it was just a few years ago. Gold remains above $4,300 an ounce, despite recent volatility, while the World Gold Council says investment demand is expected to remain the primary driver of gold demand through the remainder of 2026. Central banks are also expected to remain significant buyers. At the same time, mine production is expected to increase only modestly because new projects take years to permit, finance and develop. That combination—high prices, sustained investment demand and constrained supply—is putting the economics of established producers and quality development projects firmly back in the spotlight. Active Miners in the news across the market today include: ESGold Corp. (OTCQB: ESAUF) (CSE: ESAU), GoGold Resources Inc. (OTCQX: GLGDF) (TSX: GGD), Lundin Gold Inc. (OTCQX: LUGDF) (TSX: LUG), Troilus Mining Corp. (OTCQX: CHXMF) (TSX: TLG), Kinross Gold Corporation (NYSE: KGC).

Get started

Create a free account to read the full story and Whiz Insights.

Sign Up

Already have an account? Log in