Canadian gold miners’ profits climb despite caution in spending

April 25, 2025, 9:22 am

Record high gold prices are buoying Canadian mining companies’ profits even as executives exercise restraint on spending. Investors are enjoying a mix of optimism and wariness as the sector braces for potential market corrections amid the price rally.

financialpost.com / Miners set to reap rewards of high gold prices but remain cautious on spending

The industry is still working to move past the commodity boom that saw miners splash out on debt-fuelled takeovers

torontosun.com / Miners set to reap rewards of high gold prices but remain cautious on spending

Record gold prices are translating into higher profits for Canadian producers and excitement about the potential for more growth, though miners remain cautious on spending. Agnico Eagle Mines Ltd. is among the first big producers to report results after a quarter that saw gold top US$3,000 an...

winnipegfreepress.com / Miners set to reap rewards of high gold prices but remain cautious on spending

permalink / 3 stories from 3 sources in 10 hours ago #finance #canada #commodities #canadian #mining #business #investment #debt

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Canadian gold miners’ profits climb despite caution in spending

More Top Stories...

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