Gold explosion to just under USD 4,000! Now is the time to invest in Barrick Mining, Newmont, Kobo Resources and Allied Gold

Allied Gold – Focus on the consolidation of the African continent

Under CEO Peter Marrone, Allied Gold is pursuing a clearly defined strategy to consolidate the African gold sector. The former Yamana executive aims to take a leading role in merging small and mid-tier African gold producers to create a continental champion with annual production capacities of up to two million ounces. Marrone views Africa as particularly attractive for mergers and acquisitions, as many junior and mid-tier companies produce between only 100,000 and 200,000 ounces each. The goal is to attract investment and liquidity and to achieve operational advantages through critical scale and synergies.

Marrone emphasizes that approval processes in most African countries are often more efficient and collaborative than in North America, for example, where the mining industry often encounters numerous regulatory and interest groups. Through the targeted acquisition of promising assets, such as the recent expansion of the Sadiola project in Mali and the Kurmuk development project in Ethiopia, Allied Gold aims to grow both organically and inorganically, thereby becoming a consolidator in industry. The Company currently has operating mines in Mali, Côte d'Ivoire, and Ethiopia and plans to increase production to around 800,000 ounces by 2029 with its own projects alone. At the same time, it is actively exploring acquisition opportunities to advance its consolidation strategy and become a major African gold giant with significant market influence in the medium term. With growth of over 150% in 2025, Allied Gold is one of the best-performing second-tier gold stocks and remains attractive due to its still manageable market capitalization of EUR 1.8 billion.

Kobo Resources – Promising prospects in West Africa

West Africa is one of the most dynamic growth regions in Africa and offers extensive raw material deposits, including significant gold deposits. Côte d'Ivoire stands out as one of the economic powerhouses of West Africa, with a gross domestic product of around USD 94.5 billion forecast for 2025 and growth rates of around 6% annually. The country is characterized by a stable investment climate, a diversified economic structure, primarily agriculture, services, and mining, and a trade surplus. The export structure is strongly influenced by cocoa and oil, but the gold sector is also becoming increasingly important.

Canadian exploration company Kobo Resources was founded in 2015 with a clear mission: to unlock the largely untapped potential of one of the world's most promising gold belts in Côte d'Ivoire. This region already hosts several gold deposits containing millions of ounces. Big names such as Allied Gold, Barrick, Perseus, and Endeavour are immediate neighbors with extensive gold deposits of over 10 million ounces each. Kobo focuses on advancing high-quality exploration projects in line with its own development strategy. The Company's philosophy centers not only on discovering new gold resources, but also on developing them responsibly and strengthening local communities. Kobo pursues a holistic approach, combining financial value creation with social progress.

The Company's most significant projects are located in the central-western region of Côte d'Ivoire, notably the flagship Kossou project, located just 9.5 km away from a major operating mine. Historically, more than 24,000 meters have already been drilled here, and geochemical analyses have revealed significant gold anomalies, indicating great economic potential. In addition to Kossou, Kobo is pursuing further exploration initiatives on adjacent properties that could offer additional growth opportunities. The active partnership with Luso Global Mining (Mota-Engil Group) forms a strong local team. An initial mineral resource estimate (MRE) is anticipated as early as 2026. With approximately 104 million shares outstanding, the market capitalization of approximately CAD 38 million is still in its infancy. Investors looking to invest in a high-growth exploration company with a clear strategic vision will find Kobo Resources to be a forward-looking partner. Highly interesting!

Barrick and Newmont – The titans are reaping the rewards

Barrick Mining and Newmont shares have already risen sharply in the last 12 months, with price gains of 58 to 64%, fueled by the rally in the gold market. If the price of gold continues to rise, this trend could accelerate even further. However, both companies are under pressure to develop new properties in order to meet investors' high expectations. Barrick is focusing on projects such as Reko-Diq in Pakistan and is seeking to make progress in Mali, but must manage risks such as political instability and local resistance. In Côte d'Ivoire, Barrick sold the Tongon mine to a local partner mid-year, highlighting its strategic portfolio adjustments. Strong mid-year cash flows create opportunities for accelerated exploration programs and strategic expansion. Barrick currently offers an attractive valuation with a 2026 P/E ratio of 12.4 and, according to analysts, upside potential of around 25%.

Newmont, on the other hand, scores with massive liquidity, an equity ratio of over 50%, and broad international diversification, which enables stable production increases and robust cash flow. Pre-tax earnings of just under USD 10 billion are expected for 2025, while the 2026 P/E ratio is slightly higher at 15.4. Both stocks could now enter the harvest phase, giving investors hope for rising earnings forecasts. In addition, stable dividends of 2.5% p.a. ensure an attractive current yield.

Gold reached approximately USD 3,950 at the beginning of the week, surpassing the 2025 price targets set by many investment banks. Investors are wondering where the journey might lead. So far, both the strong upward momentum and sustained market interest suggest that there will be no slowdown. Beyond the major gold producers, smaller precious metal explorers such as Kobo Resources are increasingly coming into the spotlight.