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With Forecasts Hitting $4,000 to $6,000, Gold Mining Sector Sees Renewed Investor Focus

Newswire.ca - Wed May 14, 2025

Equity Insider News Commentary

Issued on behalf of Lake Victoria Gold Ltd.

VANCOUVER, BC, May 14, 2025 /CNW/ -- After a (very) short honeymoon period that followed the latest US-China trade agreement, the price of gold recovered as quickly as euphoria over the trade deal faded. According to DoubleLine Capital CEO Jeff Gundlach (better known as "Bond King"), ongoing gold price rally isn't over, as the precious metal could climb as high as $4,000 per ounce. Now with the current gold price creating a new normal, gold miners are managed to bridge the discount gap to bullion, and overcome rising production costs. Several miners and developers have been providing updates worthy of extra market attention, including from Lake Victoria Gold(TSXV: LVG) (OTCQB: LVGLF), K92 Mining Inc. (TSX: KNT) (OTCQX: KNTNF), AngloGold Ashanti plc (NYSE: AU), G Mining Ventures (TSX: GMIN) (OTCQX: GMINF), and Luca Mining Corp. (TSXV: LUCA) (OTCQX: LUCMF).

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