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Gold Prices Surge: K2 Gold Plans $9.8M Mojave Project

1/7/2026

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Story summary
  • K2 Gold Corporation plans a $9.8 million budget for 2026 to advance the Mojave Project and evaluate Si2 targets in Nevada.
  • Analysts expect gold to reach $5,000–$5,400 per ounce amid rate cuts and geopolitical tensions.
  • Kinross Gold Corporation repaid $700 million in 2025, becoming debt-free after Moody's upgrade.
  • Newmont Corporation and Barrick Gold Corporation posted results, with Newmont producing 1.4 million ounces and Barrick generating $4.1 billion.