Credit Suisse analyst Fahad Tariq expects gold prices to perform well in 2020. Despite some near-term optimism on equities and economic conditions, the analyst sees a "risk-off skew" in 2020 amid continued uncertainty on the U.S.-China trade war, Brexit, and fears of a global economic slowdown or recession. Tariq expects 2020 gold prices to average ~$1,540 per ounce, peaking in the first half of the year at $1,560 and then gradually falling to $1,525 by year-end. The analyst's top picks in Precious Metals for 2020 are Agnico Eagle (AEM), Newmont Goldcorp (NEM) and Endeavour Mining (EDVMF). Along with the sector outlook, Tariq upgraded Barrick Gold (GOLD) to Outperform from Neutral, downgraded Alamos Gold (AGI) and Centerra Gold (CAGDF) to Neutral from Outperform, and downgraded Eldorado Gold (EGO) to Underperform from Neutral.

Sparton Resources announced that Eldorado Gold Corporation has, effective April 18, 2024, exercised its option to acquire from Sparton an initial 75% interest in the Bruell gold project, east of Val D'Or, Quebec. Sparton and Eldorado have executed, effective April 18, 2024, a further amendment to the original Option Agreement to delete the twenty business day further option period and replace it with a seventy-five business day option period for Eldorado to implement the joint venture or decide if it wishes to acquire all of the remaining Sparton 25% interest for a combination of a $1.8 million cash payment and a residual 2% Net Smelter Return royalty. Fifty percent of the NSR can be purchased by Eldorado for $2.5 million at any time. This extension will enable transferring of the Bruell claim titles to Eldorado, preparation of joint venture documents and the efficient implementation of other things necessary for the property ownership change.