Jim Wyckoff has spent over 25 years involved with the stock, financial and commodity markets. He was a financial journalist with the FWN newswire service for many years, including stints as a reporter on the rough-and-tumble commodity futures trading floors in Chicago and New York.
Wishbone Gold PLC (AIM:WSBN, AQSE:WSBN) saw its shares fall 36% to 42p on Monday despite reporting drill results that confirmed gold and copper mineralisation along a 4-kilometre trend at its Red Setter project in Western Australia, leaving analysts and investors puzzling over the scale of the sell-off. The results from the company's 2025 drilling campaign are broadly consistent with previous findings at the site, with notable intercepts including 8.36 metres at 1.09 grams per tonne gold and 0.05% copper, and a further interval of 5.76 metres at 0.66 g/t gold and 0.4% copper.
SSR Mining is upgraded to strong buy after a robust quarter, Çöpler mine sale, and improved financials. SSRM's $1.5B Çöpler sale transforms its balance sheet and portfolio, supporting a potential pivot that can lead to a re-rating. Guidance projects 10% production growth at a 2025 AISC of $2,180–$2,260/oz, with strong FCF potential through 2030.
Gold fell in early trade as rising energy prices spurred by the Middle East conflict exacerbate inflation worries.
Neils Christensen has a diploma in journalism from Lethbridge College and has more than a decade of reporting experience working for news organizations throughout Canada. His experiences include covering territorial and federal politics in Nunavut, Canada.
Ernest Hoffman is a Crypto and Market Reporter for Kitco News. He has over 15 years of experience as a writer, editor, broadcaster and producer for media, educational and cultural organizations.
Neils Christensen has a diploma in journalism from Lethbridge College and has more than a decade of reporting experience working for news organizations throughout Canada. His experiences include covering territorial and federal politics in Nunavut, Canada.
Gold has a noisy and slightly negative week, as interest rates, central banks, and war are all coming into play. Expect more volatility in the next few weeks as well.
Neils Christensen has a diploma in journalism from Lethbridge College and has more than a decade of reporting experience working for news organizations throughout Canada. His experiences include covering territorial and federal politics in Nunavut, Canada.
Ernest Hoffman is a Crypto and Market Reporter for Kitco News. He has over 15 years of experience as a writer, editor, broadcaster and producer for media, educational and cultural organizations.
Neils Christensen has a diploma in journalism from Lethbridge College and has more than a decade of reporting experience working for news organizations throughout Canada. His experiences include covering territorial and federal politics in Nunavut, Canada.
Neils Christensen has a diploma in journalism from Lethbridge College and has more than a decade of reporting experience working for news organizations throughout Canada. His experiences include covering territorial and federal politics in Nunavut, Canada.