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Original headline: Granada Gold Mine ( CVE : GGM ) Stock Falls 14 . 3 % – Here Why
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- Integra Announces Third Quarter Gold Production of 17,652 ounces, Demonstrating Continued Growth in Mining and Gold Production at Florida Canyon
Integra's Florida Canyon Mine produced 17,652 ounces of gold in the third quarter of 2026, up 8% from the second quarter and 40% from the first, bringing year-to-date output to 46,666 ounces. Ore mined rose 21% and ore placed on heap leach pads rose 25% quarter over quarter, with 5.3 million tonnes of ore and 3.6 million tonnes of waste mined at a strip ratio of 0.68. The company continues to target full-year 2026 gold production of 70,000 to 75,000 ounces and held $119 million in cash. It is advancing the DeLamar Project through permitting toward a final investment decision expected in the second half of 2027. Full third-quarter financial results are scheduled for release in November.
- Gold miners face margin pressure as lower prices complicate third-quarter results
RBC Capital Markets says gold producers face a mixed third-quarter earnings season, as lower gold prices and higher costs pressure margins, partly offset by expected production gains. Average gold prices fell 6% quarter over quarter to $4,266 an ounce in Q3 from $4,513 in Q2, a second straight quarter of margin pressure. RBC stresses that execution through year-end matters, since many companies have production weighted to Q4. It also warns that consensus estimates for 2027 capital spending and costs look too low, raising the risk of downward revisions. Investors will focus on operational delivery and whether miners boost growth spending and acquisitions, though producers remain financially strong.
- Mayo Lake Minerals Provides Particulars of 2026 Program to Finalize Targeting for 2027 Diamond Drilling Program on the Anderson Gold Trend
Mayo Lake Minerals (CSE: MLKM) is raising up to $700,000 through a private placement, with flow-through funds going to reprocess soil geochemistry to prioritize up to six drill targets and to run 3D magnetic inversion on buried intrusions. Its work on the 86 sq. km. Anderson Gold Trend suggests most prospects are low-grade, bulk-minable Reduced Intrusion-Related Gold Systems (RIRGS), with possible higher-grade epithermal veins nearby. Dawn Gulch and Andy Owl show RIRGS characteristics, while Norman points to epithermal veins. At Andy Owl, a 640m RC program intercepted a gold structure continuous for 50m along strike, with one hole grading 0.9g Au/t over 3.1m. The company aims to select its best gold targets for diamond drilling in spring-summer 2027.
- Barrick Sinks 5.7% as Freedom Broker Cuts Gold Majors to Hold, Slashes Target to $46
Barrick Mining shares fell 5.7% after Freedom Broker downgraded the stock to Hold from Buy and cut its price target to $46 from $54. The broker also downgraded Newmont and Agnico Eagle, which fell 4.5% and 6.4%, while AngloGold Ashanti and Equinox Gold dropped even more without a downgrade. The article attributes the group-wide selloff mainly to gold, which fell about 2% to around $4,050 an ounce, its lowest since early August and well below January's record near $5,600. Analysts still expect Barrick's normalized EPS to rise from $2.42 in fiscal 2025 to $4.22 in fiscal 2027, and its forward P/E sits well below its five-year average. Barrick's third-quarter report on Nov. 9 is the next test.
- What Does i-80 Gold (TSX:IAU) Prioritizing Mineral Point Mean For Its Nevada Plan?
i-80 Gold (TSX:IAU) has outlined an updated Nevada development plan that puts the Mineral Point open pit next in line after the underground hub, alongside progress on refurbishing assets such as the Lone Tree processing plant. The company is also advancing permits across its Nevada portfolio to build out several deposits in a coordinated way. The article says this could move i-80 Gold toward a blended operation combining high-grade underground feed with large-scale heap leach oxide output, spreading fixed costs, though execution and cost control remain central risks. Key checkpoints include first ore from Archimedes underground in Q4 2026, completion of Lone Tree feasibility and pre-commissioning steps toward a late 2027 plant start-up, and Mineral Point and Archimedes studies targeted around mid-2027.
- RBC flags downside risks for gold shares ahead of quarterly results
Average gold prices fell 6% quarter on quarter to US$4,266 an ounce in the three months to September, from US$4,513 in the second quarter, marking a second straight quarterly decline. RBC expects modest production gains and slightly lower all-in sustaining costs for the producers it covers, though inflation may limit the benefit. The main concern is 2027, when RBC expects all-in sustaining costs to rise 4% and capital expenditure 16%, above consensus forecasts of flat costs and an 8% capex increase, due to higher energy and labour costs. Gold producers remain financially strong, with near-record free cash flow, and trade at 1.1 times price to net asset value with estimated free cash flow yields of 6% to 7% for 2026 and 2027. RBC warns that weaker gold prices, elevated earnings expectations and execution risks could weigh on shares during the reporting season.
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- Bank Profits Surge
The 9-month 2026 results show many banks continued to grow profits, with some posting record quarterly earnings. VPBank's pre-tax profit reached nearly VND 30,000 billion, up nearly 47%, equal to its full-year 2025 result and about 72.4% of its 2026 plan; Q3 pre-tax profit topped VND 11,000 billion. Techcombank posted VND 28,900 billion (up 23.7%), while LPBank reported VND 10,421 billion (up nearly 9%). SSI forecasts pre-tax profit of its monitored banks to rise 19.5% in 2026 before slowing to 15.4% in 2027, pressured by narrowing net interest margins and rising credit risk provisions. It also expects system-wide credit growth of 16-17% in 2027 and 17.9% for the monitored banks.
- World's Largest Gold Fund Dumps Over 10 Tonnes of Gold as Prices Slide
SPDR Gold Trust, the world's largest gold fund, continued net selling of nearly 12 tonnes of gold in the 22/10 session, bringing total sales over 2 sessions to nearly 15 tonnes and cutting its holdings to about 1,046 tonnes. Spot gold fell more than 2.8% to around USD 4,025 per ounce at the close of 22/10, and briefly dipped below USD 4,000 per ounce in the morning session of 23/10. Tensions in the Middle East pushed crude oil prices higher, raising concerns about inflation and further Fed tightening, and gold has still not attracted sustained safe-haven demand even as US Treasury yields fell. US September CPI rose 0.6% month on month and 3.7% year on year, while PPI rose 1.3% and 6.3%. Markets price about an 84% chance the Fed holds rates steady at its 27-28/10 meeting and a 16% chance of a 25 basis-point increase; September PCE data due on 29/10 is the next key factor to watch.
- Gold Prices Continue to Fall
On the morning of 23/10, domestic gold prices kept falling, with SJC bar prices varying by seller and the premium over world gold widening. Công ty TNHH Vàng bạc đá quý Sài Gòn listed SJC bars at VND 139-142 million per tael (buy-sell), down VND 300,000; Phú Quý was at VND 138-141.8 million, down VND 500,000; and Mi Hồng at VND 140-141.5 million, down VND 800,000. Gold rings also fell by varying amounts, with DOJI at VND 138-142 million and Phú Quý at VND 138-141 million per tael. World gold dropped USD 129 to around USD 3,992 per ounce, equal to about VND 125.3 million per tael, leaving SJC bars about VND 16.7 million per tael above the world price. The State Bank's central rate was set at 25,627 VND/USD, down 5 dong, while Vietcombank quoted 25,660-26,040 VND/USD (buy-sell).
- Company Linked to Billionaire Pham Nhat Vuong Announces Major Good News
VEFAC (ticker VEF), a Vingroup subsidiary, posted Q3 net revenue of nearly VND 77 billion, up 67% year on year, but a gross loss of about VND 27 billion as cost of sales from its exhibition business exceeded revenue. Q3 profit rose mainly thanks to a gross gain of about VND 65 billion from transferring some schools in a project to a partner, while financial income reached over VND 388 billion, mostly from loan and investment income. For the first nine months of 2026, after-tax profit was nearly VND 865 billion, down about 94% from VND 15,418 billion in the same period of 2025, as the prior year included large gains from transferring part of the Vinhomes Global Gate project. As of 30/9/2026, total assets stood at over VND 31,905 billion, up 36% from the start of the year, while total liabilities exceeded VND 24,364 billion, with short-term customer advances rising from VND 411 billion to over VND 8,373 billion.
- Lotte and Phat Dat Officially Break Ground on VND 60,000 Billion Mega Project in Thu Thiem 'Golden Land'
A joint venture between Lotte Group (South Korea) and Phát Đạt (HoSE: PDR) officially broke ground on 23/10 on Lotte Eco Smart City Thu Thiem in the Thu Thiem New Urban Area, HCMC, with total investment of about VND 60,000 billion. The project covers nearly 7.5 ha and will combine Grade A offices, retail, services, accommodation and housing, adjoining the central plaza and central lake of Thu Thiem. Phát Đạt holds 35% of Lotte Properties HCMC, the project developer, and will develop the housing blocks along with two towers (2-1 and 2-3) with about 219,722 m2 of floor area, while Lotte handles block 2-5. Lotte Properties HCMC paid VND 17,569 billion in land-use fees on 31/7/2026, and Phát Đạt completed its VND 7,666 billion payment to take its 35% stake. MB is funding all of Phát Đạt's capital contribution, while VietinBank and BIDV also support the project.
- International Business : Global stocks nosedive as Meta dents AI optimism
Global stocks retreated as tech earnings failed to ease concerns about the AI outlook, with MSCI's All-World index set for its largest daily fall in two weeks, down 0.4 per cent. Meta beat third-quarter revenue expectations, but its plan to issue non-voting stock revived worries about its mounting capital commitments, and a New Mexico judge ordered it to pay a $25 billion penalty in a data privacy case. Brent crude rose nearly 3% to $112 a barrel, near a five-month high, after more Houthi attacks in Saudi Arabia raised supply risks. Investors moved into government bonds, pushing the US 10-year yield down to 5.05%, below France's for the first time in 13 years, while French yields have climbed above 5% amid concerns over social unrest and debt. The France-Germany 10-year spread reached 177.7 basis points, its widest since 2011, while gold fell 1.8% to $4,070 an ounce.
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