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Gold's record run has the team that built Cardinal racing into development mode at Senegal gold mine

Summary by Stockhead

With gold at record prices above US$3000/oz, miners are speeding up development timelines Bishop Resources is aiming to bring the Makabingui gold deposit in Senegal into production in the current bull market Led by the team behind West African success story Cardinal Resources, tens of millions of dollars in installed infrastructure gives them a head start Gold’s charge to record highs continued last week with the US Fed’s rate pause pushing bu…

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goldseek.com

Gold’s Upside Momentum’s Being Lost

Gold’s Upside Momentum’s Being Lost The market does have a pattern of higher lows, but it's on the verge of setting lower highs, if the lows of today, Monday, are taken out on Tuesday trade. Ira Epstein Tue, 03/25/2025

9 days ago

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African Mining Market

Gold's record run boost Senegal mine development prospects

Gold has surged to unprecedented heights in 2025, fuelled by gold’s record run and Senegal gold mine developments. The metal peaked at US$3,052 per ounce, before settling at US$3,023/oz. This represents a 2.5× increase from the US$1,200/oz baseline used in past economic feasibility studies. Furthermore, investors are drawn to the asset, as interest rate stability …

10 days ago

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fattail.com.au

Good as Gold - Fat Tail Daily

The Golden Rule: He who has the gold makes the rules. But gold doesn’t stay in one pocket forever. It moves. Then, someone else makes the rules. In the news, Reuters: ‘Gold climbed to an all-time high on Thursday as the U.S. Federal Reserve signaled two possible interest rate cuts this year, adding to the precious metal’s appeal amid ongoing geopolitical and economic tensions. Spot gold added 0.1% to $3,050.94 an ounce as of 0520 GMT, after touc…

10 days ago

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