Predictive Discovery Limited (PDI) announced a $10 million strategic investment in South African exploration company Awalé Resources Limited, acquiring a 12.3% stake. The investment will fund exploration activities on Awalé's Odienné gold project in Côte d'Ivoire, which includes a joint venture with Newmont Corporation containing estimated mineral resources of 1.71 million ounces of gold equivalent.

Predictive Discovery Limited (PDI) announced a USD 10 million strategic investment in Awalé Resources Limited, acquiring approximately 12.3% stake. The investment will fund exploration activities in Awalé's Odienné gold and copper project in Côte d'Ivoire, which includes a joint venture with Newmont Corporation reporting 1.71 million ounces of gold equivalent in measured resources.

Newmont Corp (NEM) stock rose up to 5.4% following a TD Cowen analyst upgrade from hold to buy on valuation grounds, despite the analyst lowering the price target to $127 from $129. The analyst sees strength in gold's long-term outlook driven by central bank diversification away from U.S. dollar assets, positioning Newmont as an ideal way to play a potential gold recovery.

The article compares iShares Silver Trust (SLV) and Sprott Gold Miners ETF (SGDM) as investment vehicles for precious metals exposure. SLV offers direct physical silver bullion exposure with a 58.7% 1-year return, while SGDM provides indirect gold exposure through mining equities with a 40.1% 1-year return. The author recommends SGDM due to its lower expense ratio (0.46% vs 0.50%), dividend income, and more favorable tax treatment compared to SLV's collectibles tax classification.

Gold experienced mid-single-digit declines in 2026 after a volatile first half, driven by speculative overinvestment corrections. However, fundamental demand drivers remain strong, particularly central bank buying and potential jewelry demand at lower prices. The article recommends buying into weakness in gold, gold ETFs, or gold miners, as long-term structural trends support higher prices despite near-term downside risks.

Newmont stock fell 14.9% in June as gold prices crashed into a bear market, declining over 25% from record highs despite inflation and geopolitical tensions. The decline was triggered by rising U.S. Treasury yields outcompeting gold as investors sought safer returns. Adding pressure, Newmont guided for lower production (5.3M ounces vs 5.9M in 2025) and higher costs ($1,680 vs $1,358 per ounce), creating margin compression. However, the company maintains a strong $3.2 billion net cash position and recently doubled its buyback authorization, suggesting management sees the dip as a buying opportunity.

Imperial Metals announced that the Federal Government of Canada will contribute $500 million to support the Red Chris Block Cave copper-gold project. The project, a joint venture with Newmont Corporation, is expected to extend the mine's life by 14 years, create over 1,800 construction jobs, and sustain 1,500 operational roles. The commitment strengthens the business case as the joint venture advances toward a final investment decision.

The article compares two major gold mining stocks for 2026 investment. AngloGold Ashanti shows explosive 71% revenue growth and a higher dividend yield of 5.7%, while Newmont, the world's largest gold producer, offers greater scale with $22.7B in revenue and stronger net margins of 32.1%. Both companies benefit from elevated gold prices above $4,000/oz, well above their production costs. The author recommends AngloGold Ashanti for its superior dividend payout despite Newmont's industry dominance.

Newmont stock rose 2.5% on Tuesday following the announcement of three new C-suite executives effective July 1, 2026. The new CFO is Brian Tabolt, COO is Mark Rodgers, and CTO is David Thornton—all internal promotions. The company stated these appointments strengthen its ability to execute strategy with clarity and focus, positioning it to improve performance and deliver shareholder value.

Following Trump's announcement of a deal with Iran that reopens the Strait of Hormuz, crude oil fell to $80/barrel. However, three sectors remain significantly underperforming since the February conflict began: gold miners (down 17-18%), nuclear/uranium companies (down 15%), and homebuilders (down 9.7%). These sectors were hit by dual pressures—lower commodity prices and higher interest rates driven by inflation concerns—and may recover if the ceasefire holds and yields decline.

The article compares two precious metals mining ETFs: Sprott Gold Miners ETF (SGDM), which focuses on North American gold producers with a lower 0.46% expense ratio, and Global X Silver Miners ETF (SIL), which provides global silver exposure with higher 1-year returns (83% vs 53%) but greater volatility. Gold miners are recommended for new precious metals investors, while silver miners suit those seeking higher-conviction bets on industrial and monetary demand convergence.

Following President Trump's announcement of a U.S.-Iran peace deal and the reopening of the Strait of Hormuz, oil prices plunged 5.4% to $80/barrel. However, 20 large-cap stocks worth over $100 billion remain trading 15-24% below their pre-war levels from February 27, 2026. The laggards span consumer staples, healthcare, software, and mining sectors, with weakness extending beyond the war premium as these companies face ongoing margin pressures from higher energy costs.