ORLA MINING (NEW)
Commented by Nico Popp on July 15th, 2026 | 08:20 CEST
Gold Giants Reposition: Newmont Raises Its Dividend, Orla Mining Merges, and Lahontan Gold Gets Ready for the Next Stage
The gold market has been quite volatile in recent months. Companies in the sector are benefiting from the uncertain landscape on the one hand, but are also struggling with operational challenges on the other. After hitting an all-time high of over USD 5,600 per ounce at the start of the year, the precious metal corrected significantly and is currently trading at around USD 4,000–4,150, after oil price spikes linked to the Middle East and interest rate concerns had temporarily pushed the price below USD 4,000. Central banks around the world are taking decisive action to support gold, with projected net purchases of up to 850 metric tons for the full year. Yet while producers' profit margins in the first quarter were impressive, averaging 35%, the industry's proven reserves continue to shrink. Because new greenfield discoveries are few and far between, established mining districts in politically stable regions such as the US state of Nevada or Canada are taking center stage. We shed light on this trend and highlight exciting companies.
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