CAPITAL MARKETS

Markets up, gold lower

RT Minerals jumps 135%

Staff reporter
 Bunker Hill Mining is looking for further potential at its namesake project in Idaho

Bunker Hill Mining is looking for further potential at its namesake project in Idaho

The gold price was slightly lower than this point yesterday, about US$1,868 an ounce on the spot market.

Australia-based gold producer Newcrest Mining, which listed in Toronto last month (TSX: NCM), fell 3.5% to a low of C$27.50 yesterday.

In South Africa, Sibanye-Stillwater closed down 4.48% to R51.01, but remains near the top of a one-year range.

Having just bought shares on-market, its CEO Neal Froneman has retained some bonus shares and American Depositary Receipts awarded in March but sold a chunk of each to cover the associated tax liabilities.  

In the UK, precious metals producer Fresnillo fell a further 1.36%, while gold major Newmont gained 1.14% in New York.

Meanwhile the new leadership team at silver hopeful Bunker Hill Mining (CSE: BNKR) has applied to list on the TSX Venture Exchange. The company has the option to acquire the past-producing mine in Idaho.

Finally, RT Minerals (TSXV: RTM) shot up almost 135% yesterday to C27c on intersecting 33.1m at 2.81g/t gold from the Link Catharine property, 25km from Kirkland Lake in Ontario.

A growing series of reports, each focused on a key discussion point for the mining sector, brought to you by the Mining Journal Intelligence team.

A growing series of reports, each focused on a key discussion point for the mining sector, brought to you by the Mining Journal Intelligence team.

editions

ESG Mining Company Index: Benchmarking the Future of Sustainable Mining

The ESG Mining Company Index report provides an in-depth evaluation of ESG performance of 61 of the world's largest mining companies. Using a robust framework, it assesses each company across 9 meticulously weighted indicators within 6 essential pillars.

editions

Mining Journal Intelligence Global Leadership Report 2024: Net Zero

Gain insights into decarbonisation trends and strategies from interviews with 20+ top mining executives and experts plus an industrywide survey.

editions

Mining Journal Intelligence Project Pipeline Handbook 2024

View our 50 top mining projects, handpicked using a unique, objective selection process from a database of 450+ global assets.

editions

Mining Journal Intelligence Investor Sentiment Report 2024

Survey revealing the plans, priorities, and preferences of 120+ mining investors and their expectations for the sector in 2024.