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Gold Miners Gain Momentum as Prices Surge Back Past $3,010
Gold Miners Gain Momentum as Prices Surge Back Past $3,010 Canada NewsWire ...
About this update from Lake Victoria Gold Ltd
[{"type":"text","content":"\n\n\n\n Gold Miners Gain Momentum as Prices Surge Back Past $3,010\n \n\n /* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n \n\n\n\n\n\n Canada NewsWire\n \n\n\n\n\n\n\n\n USA\n \n News Group\n \n\n\n\n News Commentary\n \n\n\n\n\n Issued on behalf of Lake Victoria Gold Ltd.\n \n\n\n\n\n\n VANCOUVER, BC\n \n\n ,\n \n\n April 9, 2025\n \n\n /CNW/ --\n \n\n\n\n USA\n \n News Group\n \n\n\n\n News Commentary\n \n – As tariff talks continue from the White House,\n \n\n gold prices rebounded back above\n \n $3,010\n \n\n\n , signalling that markets still favor gold as the safe bet for any stagflation or recession. Major banks\n \n\n continue to lean bullish\n \n\n in where gold prices are headed, including\n \n HSBC\n \n ,\n \n Bank of America\n \n ,\n \n Standard Chartered\n \n , and\n \n Citigroup\n \n . The recent gold rally has\n \n\n attracted investors back to mining stocks\n \n\n , with gold mining ETFs signaling healthy inflow. Among the miners making moves, recent developments have come from\n \n Lake\n \n Victoria Gold\n \n\n (TSXV: LVG) (OTCQB: LVGLF),\n \n New Gold Inc.\n \n (NYSE-American: NGD) (TSX: NGD),\n \n Thor Explorations Ltd.\n \n (TSXV: THX) (OTCPK: THXPF),\n \n WESTGOLD RESOURCES LIMITED\n \n (TSX: WGX) (OTCPK: WGXRF), and\n \n Dakota Gold Corp.\n \n (NYSE-American: DC)\n \n\n\n\n\n\n\n\n\n The article continued: Analysts are beginning to\n \n\n raise their fair value estimates\n \n\n on mining stocks, as tailwinds support higher gold prices to come. According to\n \n VanEck\n \n , gold miners\n \n\n substantially outperformed in March\n \n\n , as surging prices sparked M&A activity and drove the largest monthly inflows in over a year.\n \n\n\n Lake Victoria Gold Ltd. Provides Update on Tembo Project Following Mining License Conversion\n \n\n\n\n Lake\n \n Victoria Gold\n \n\n (TSXV: LVG) (OTCQB: LVGLF), an emerging East African gold developer, today announced an update on the Company's Tembo Project, located in the Lake Victoria Goldfield of northern\n \n Tanzania\n \n , following the successful conversion of its Prospecting License into four Mining Licens...