Gold is Gaining Momentum on Calls for an Aggressive Interest Rate Cut in September August 14, 2025 - Baystreet.ca Distributed on behalf of Trident Resources Corp. Gold mining stocks have outperformed the price of gold this year, according to UBS, as highlighted by Investopedia. They added that UBS analysts noted that miners are enjoying “some time in the sunshine” after a “poor track record in recent years.” All of which is great news for related stocks, such as Trident Resources Corp. (TSXV: ROCK) (OTCQB: TRDTF), Newmont Corporation (NYSE: NEM) (TSX: NGT), Barrick Mining (NYSE: B) (TSX: ABX), Franco-Nevada Corp. (NYSE: FNV), and B2Gold Corp. (NYSE AMERICAN: BTG) (TSX: BTO). Fueling more momentum, U.S. Treasury Secretary Scott Bessent believes the Federal Reserve will cut interest rates by half a point at its September meeting. As he told Bloomberg, “I think we could go into a series of rate cuts here, starting with a 50-basis point rate cut in September. If you look at any model [it suggests that] we should probably be 150, 175 basis points lower.” At the moment, the odds we’ll see a sizable rate cut are now up to 93.3%, according to the CME FedWatch tool, which you can see here. Again, it should all have a positive impact on gold and related stocks, such as: Trident Resources Corp. (TSXV: ROCK) (OTCQB: TRDTF) Trident Resources Corp. just announced detailed plans for its upcoming inaugural drill program at the Contact Lake Gold Project in Saskatchewan’s underexplored and prolific La Ronge Gold Belt. Trident enters this program with over CAD $11 million in cash and marketable securities, fully funding this drill program and positioning the Company to act swiftly on future exploration opportunities across its Saskatchewan portfolio.Contact Lake Project Location Map:https://www.tridentresourcescorp.com/projects/contact-lake-gold-project/#&gid=1&pid=1 "With drilling to be underway within the next week, we are excited to build on our proven track record of discovery and resource growth in the La Ronge Gold District. We believe our gold assets have the potential to become a tier 1 project in Canada and provide a strong foundation for value creation. We are also optimistic that our systematic exploration methodology will deliver success with additional new discoveries in our underexplored district scale land package,” said Jonathan Wiesblatt, CEO of Trident. The drill program at the Contact Lake mine site will comprise of 5,000 metres across 16 holes with the aim of confirming and extending gold mineralization along strike and down-dip from the historically defined gold mineral resources. The Contact Lake mine was operated by Cameco between December 1994 to May 1998 when 1,006,673 tonnes of ore were processed at a head grade of 6.16 grams per tonne (g/t) Au for a reported 188,185 ounces of gold (Au) recovered with life of mill recovery rate stated at 95%. Contact Lake hosts significant underground infrastructure and exploration potential in the areas immediately adjacent to the underground development. Cameco reported that substantial historically defined gold resources were left in the ground when mining activities were terminated at a time when the gold price was approximately $300/ounce.Contact Lake Gold Project Plan View:https://www.tridentresourcescorp.com/_gallery/album-2/lg/ContactLakeGoldProject2.jpg The Contact Lake deposit is hosted within the northeast trending Bakos shear zone, which cuts through the granitic portion of the Little Deer Lake composite pluton. The auriferous Bakos shear zone has been drill-defined at between 15 to 40 metres in width over a strike length of greater than 2 km. The 2025 drilling will focus on extending gold mineralization between the underground development and the unmined resources of the BK3 zone, located immediately northeast of the former mine site. Drilling will also target down-dip extensions of the high-grade gold mineralization of the main zone as these types of shear-hosted gold deposits commonly extend at depth providing strong discovery potential below the currently defined dimensions of the Contact Lake deposit. Cyr Drilling from Winnipeg, Manitoba, has been chosen as the drill contractor and is mobilizing their personnel and drill equipment to Contact Lake. All drill cores will be logged, photographed and processed on site throughout the program. Data collection will include geologic, geotechnical and a full 48 element analytical suite in conjunction with a comprehensive QA / QC program with lab-certified standards, field blanks and duplicates comprising >10% of the sample stream. All 2025 data will be incorporated into the existing Contact Lake database and utilized in future exploration programs on the project.Location Map of Planned Drill Holes:http://www.tridentresourcescorp.com/_resources/images/Drill-Plan-NR-202508.jpg The initial drill holes of the 2025 program will be focused on the discovery of shallow gold mineralization immediately northeast of the Contact Lake Main Zone (MZ1), which produced the majority of gold resources during mining operations. The second phase of drilling will target zones at moderate depth (200-250 metres below surface) that lie between the MZ1 zone and the BK3 zone. The BK3 zone is located 150 metres northeast of MZ1, below the western edge of Contact Lake and is reported to host substantial gold resources that were never mined. The final phase of the 2025 drill program will target the down-plunge extension of the gold mineralization in both the MZ1 and MZ2 zones. Drilling will target the heart of the past-producing Contact Lake Mine, following up on historical high-grade intercepts including: Other related developments from around the markets include: Newmont announced second quarter 2025 results, an additional $3.0 billion share repurchase program and declared a dividend of $0.25 per share. "Newmont delivered a strong second quarter, producing approximately 1.5 million attributable gold ounces and generating an all time record quarterly free cash flow of $1.7 billion, underscoring the strength of our world-class portfolio and the disciplined execution of the commitments we shared at the beginning of the year," said Tom Palmer, Newmont's Chief Executive Officer. "We remain firmly on track to achieve our 2025 guidance as we continue to strengthen our safety culture, stabilize our operations and deliver long term value to shareholders." Five years after its formation, the Twiga partnership between Barrick Mining Corporation and the government of Tanzania continues to redefine the role of mining in national development, delivering shared value, operational excellence and long-term investment in the country’s future. “When we established Twiga, it was about more than just resolving legacy issues. It was about building a new future by unlocking Tanzania’s gold endowment in a way that fairly shares the benefits and builds lasting value for all stakeholders. Five years on, we’ve not only re-established Barrick as the sector’s leading economic contributor but have also earned national recognition across a range of areas from safety and local content to education and infrastructure,” Barrick president and chief executive Mark Bristow said. Franco-Nevada Corp. CEO Paul Brink just noted, “I am very pleased with our record financial results this quarter,” stated Paul Brink, CEO. Our portfolio largely produced as expected for the quarter and higher gold prices contributed to record revenue, operating cash flow, Adjusted EBITDA margins and earnings. We also saw constructive developments in Panama, including the shipment of the remaining copper concentrate from Cobre Panama. During the quarter, we acquired a royalty on IAMGOLD’s Co^te´ Gold Mine, one of Canada’s newest large-scale gold mines and, post quarter-end, a royalty on AngloGold’s Arthur Project, one of the largest gold discoveries in Nevada. We anticipate new contributions from Co^te´ and growing contributions from Porcupine and Tocantinzinho to be the main drivers for higher GEOs in the second half of the year. Our acquisitions over the last 18 months have positioned us for strong long-term growth that may be further enhanced by a potential restart at Cobre Panama.” B2Gold Corp. announced its operational and financial results for the second quarter of 2025. Consolidated gold production in the second quarter of 2025, including pre-commercial production from the Goose Mine, was 229,454 ounces, higher than expected. The Fekola, Masbate and Otjikoto mines all exceeded expected production in the second quarter, and the Company remains on track to meet its consolidated annual production guidance range. All three operations continue to meet or exceed gold production expectations to start the third quarter of 2025. Consolidated cash operating costs, excluding pre-commercial production from the Goose Mine, were $745 per gold ounce produced ($762 per gold ounce sold) during the second quarter of 2025. Cash operating costs per ounce produced for the second quarter of 2025 were better than expected as a result of lower than expected fuel costs and higher than expected gold production. On August 7, 2025, B2Gold's Board of Directors declared a cash dividend for the third quarter of 2025 of $0.02 per common share (or an expected $0.08 per share on an annualized basis), payable on September 23, 2025, to shareholders of record as of September 10, 2025. Legal Disclaimer / Except for the historical information presented herein, matters discussed in this article contains forward-looking statements that are subject to certain risks and uncertainties that could cause actual results to differ materially from any future results, performance or achievements expressed or implied by such statements. Winning Media is not registered with any financial or securities regulatory authority and does not provide nor claims to provide investment advice or recommendations to readers of this release. For making specific investment decisions, readers should seek their own advice. Winning Media is only compensated for its services in the form of cash-based compensation. Pursuant to an agreement Winning Media has been paid three thousand five hundred dollars for advertising and marketing services for Trident Resources Corp. by Trident Resources Corp. We own ZERO shares of Trident Resources Corp. Please click here for disclaimer. Contact: Ty Hoffer Winning Media281.804.7972[email protected]
Gold is Gaining Momentum on Calls for an Aggressive Interest Rate Cut in September August 14, 2025 - Baystreet.ca Distributed on behalf of Trident Resources Corp. Gold mining stocks have outperformed the price of gold this year, according to UBS, as highlighted by Investopedia. They added that UBS analysts noted that miners are enjoying “some time in the sunshine” after a “poor track record in recent years.” All of which is great news for related stocks, such as Trident Resources Corp. (TSXV: ROCK) (OTCQB: TRDTF), Newmont Corporation (NYSE: NEM) (TSX: NGT), Barrick Mining (NYSE: B) (TSX: ABX), Franco-Nevada Corp. (NYSE: FNV), and B2Gold Corp. (NYSE AMERICAN: BTG) (TSX: BTO). Fueling more momentum, U.S. Treasury Secretary Scott Bessent believes the Federal Reserve will cut interest rates by half a point at its September meeting. As he told Bloomberg, “I think we could go into a series of rate cuts here, starting with a 50-basis point rate cut in September. If you look at any model [it suggests that] we should probably be 150, 175 basis points lower.” At the moment, the odds we’ll see a sizable rate cut are now up to 93.3%, according to the CME FedWatch tool, which you can see here. Again, it should all have a positive impact on gold and related stocks, such as: Trident Resources Corp. (TSXV: ROCK) (OTCQB: TRDTF) Trident Resources Corp. just announced detailed plans for its upcoming inaugural drill program at the Contact Lake Gold Project in Saskatchewan’s underexplored and prolific La Ronge Gold Belt. Trident enters this program with over CAD $11 million in cash and marketable securities, fully funding this drill program and positioning the Company to act swiftly on future exploration opportunities across its Saskatchewan portfolio.Contact Lake Project Location Map:https://www.tridentresourcescorp.com/projects/contact-lake-gold-project/#&gid=1&pid=1 "With drilling to be underway within the next week, we are excited to build on our proven track record of discovery and resource growth in the La Ronge Gold District. We believe our gold assets have the potential to become a tier 1 project in Canada and provide a strong foundation for value creation. We are also optimistic that our systematic exploration methodology will deliver success with additional new discoveries in our underexplored district scale land package,” said Jonathan Wiesblatt, CEO of Trident. The drill program at the Contact Lake mine site will comprise of 5,000 metres across 16 holes with the aim of confirming and extending gold mineralization along strike and down-dip from the historically defined gold mineral resources. The Contact Lake mine was operated by Cameco between December 1994 to May 1998 when 1,006,673 tonnes of ore were processed at a head grade of 6.16 grams per tonne (g/t) Au for a reported 188,185 ounces of gold (Au) recovered with life of mill recovery rate stated at 95%. Contact Lake hosts significant underground infrastructure and exploration potential in the areas immediately adjacent to the underground development. Cameco reported that substantial historically defined gold resources were left in the ground when mining activities were terminated at a time when the gold price was approximately $300/ounce.Contact Lake Gold Project Plan View:https://www.tridentresourcescorp.com/_gallery/album-2/lg/ContactLakeGoldProject2.jpg The Contact Lake deposit is hosted within the northeast trending Bakos shear zone, which cuts through the granitic portion of the Little Deer Lake composite pluton. The auriferous Bakos shear zone has been drill-defined at between 15 to 40 metres in width over a strike length of greater than 2 km. The 2025 drilling will focus on extending gold mineralization between the underground development and the unmined resources of the BK3 zone, located immediately northeast of the former mine site. Drilling will also target down-dip extensions of the high-grade gold mineralization of the main zone as these types of shear-hosted gold deposits commonly extend at depth providing strong discovery potential below the currently defined dimensions of the Contact Lake deposit. Cyr Drilling from Winnipeg, Manitoba, has been chosen as the drill contractor and is mobilizing their personnel and drill equipment to Contact Lake. All drill cores will be logged, photographed and processed on site throughout the program. Data collection will include geologic, geotechnical and a full 48 element analytical suite in conjunction with a comprehensive QA / QC program with lab-certified standards, field blanks and duplicates comprising >10% of the sample stream. All 2025 data will be incorporated into the existing Contact Lake database and utilized in future exploration programs on the project.Location Map of Planned Drill Holes:http://www.tridentresourcescorp.com/_resources/images/Drill-Plan-NR-202508.jpg The initial drill holes of the 2025 program will be focused on the discovery of shallow gold mineralization immediately northeast of the Contact Lake Main Zone (MZ1), which produced the majority of gold resources during mining operations. The second phase of drilling will target zones at moderate depth (200-250 metres below surface) that lie between the MZ1 zone and the BK3 zone. The BK3 zone is located 150 metres northeast of MZ1, below the western edge of Contact Lake and is reported to host substantial gold resources that were never mined. The final phase of the 2025 drill program will target the down-plunge extension of the gold mineralization in both the MZ1 and MZ2 zones. Drilling will target the heart of the past-producing Contact Lake Mine, following up on historical high-grade intercepts including: Other related developments from around the markets include: Newmont announced second quarter 2025 results, an additional $3.0 billion share repurchase program and declared a dividend of $0.25 per share. "Newmont delivered a strong second quarter, producing approximately 1.5 million attributable gold ounces and generating an all time record quarterly free cash flow of $1.7 billion, underscoring the strength of our world-class portfolio and the disciplined execution of the commitments we shared at the beginning of the year," said Tom Palmer, Newmont's Chief Executive Officer. "We remain firmly on track to achieve our 2025 guidance as we continue to strengthen our safety culture, stabilize our operations and deliver long term value to shareholders." Five years after its formation, the Twiga partnership between Barrick Mining Corporation and the government of Tanzania continues to redefine the role of mining in national development, delivering shared value, operational excellence and long-term investment in the country’s future. “When we established Twiga, it was about more than just resolving legacy issues. It was about building a new future by unlocking Tanzania’s gold endowment in a way that fairly shares the benefits and builds lasting value for all stakeholders. Five years on, we’ve not only re-established Barrick as the sector’s leading economic contributor but have also earned national recognition across a range of areas from safety and local content to education and infrastructure,” Barrick president and chief executive Mark Bristow said. Franco-Nevada Corp. CEO Paul Brink just noted, “I am very pleased with our record financial results this quarter,” stated Paul Brink, CEO. Our portfolio largely produced as expected for the quarter and higher gold prices contributed to record revenue, operating cash flow, Adjusted EBITDA margins and earnings. We also saw constructive developments in Panama, including the shipment of the remaining copper concentrate from Cobre Panama. During the quarter, we acquired a royalty on IAMGOLD’s Co^te´ Gold Mine, one of Canada’s newest large-scale gold mines and, post quarter-end, a royalty on AngloGold’s Arthur Project, one of the largest gold discoveries in Nevada. We anticipate new contributions from Co^te´ and growing contributions from Porcupine and Tocantinzinho to be the main drivers for higher GEOs in the second half of the year. Our acquisitions over the last 18 months have positioned us for strong long-term growth that may be further enhanced by a potential restart at Cobre Panama.” B2Gold Corp. announced its operational and financial results for the second quarter of 2025. Consolidated gold production in the second quarter of 2025, including pre-commercial production from the Goose Mine, was 229,454 ounces, higher than expected. The Fekola, Masbate and Otjikoto mines all exceeded expected production in the second quarter, and the Company remains on track to meet its consolidated annual production guidance range. All three operations continue to meet or exceed gold production expectations to start the third quarter of 2025. Consolidated cash operating costs, excluding pre-commercial production from the Goose Mine, were $745 per gold ounce produced ($762 per gold ounce sold) during the second quarter of 2025. Cash operating costs per ounce produced for the second quarter of 2025 were better than expected as a result of lower than expected fuel costs and higher than expected gold production. On August 7, 2025, B2Gold's Board of Directors declared a cash dividend for the third quarter of 2025 of $0.02 per common share (or an expected $0.08 per share on an annualized basis), payable on September 23, 2025, to shareholders of record as of September 10, 2025. Legal Disclaimer / Except for the historical information presented herein, matters discussed in this article contains forward-looking statements that are subject to certain risks and uncertainties that could cause actual results to differ materially from any future results, performance or achievements expressed or implied by such statements. Winning Media is not registered with any financial or securities regulatory authority and does not provide nor claims to provide investment advice or recommendations to readers of this release. For making specific investment decisions, readers should seek their own advice. Winning Media is only compensated for its services in the form of cash-based compensation. Pursuant to an agreement Winning Media has been paid three thousand five hundred dollars for advertising and marketing services for Trident Resources Corp. by Trident Resources Corp. We own ZERO shares of Trident Resources Corp. Please click here for disclaimer. Contact: Ty Hoffer Winning Media281.804.7972[email protected]