In 2022, the budget for gold and also copper has increased the most compared to other metals. Even though battery metals such as lithium were and are strongly in focus with regard to the energy transition, gold remains the first target for global exploration budgets. The second half of 2022 suffered from inflation, geopolitical squabbles and recession fears. And so market capitalizations also fell and financing activities were impacted. Juniors were able to raise just over $12 billion in total. So little compared to 2021, when it was more than US$21 billion. As gold got off to a very good start in 2023, exploration budgets went right up. Costs also went up for mining companies, but as I said, well-financed still smaller gold companies with the right projects should do well in the current year. For example, Revival Gold – https://www.commodity-tv.com/play/revival-gold-pre-feasibility-study-coming-early-2023/ – with its Beartrack-Arnett gold project, located in Idaho. A pre-feasibility study should be completed by mid-year.
In accordance with §34 of the German Securities Trading Act (WpHG), I would like to point out that partners, authors and employees may hold shares in the respective companies addressed and that there is therefore a possible conflict of interest. No guarantee for the translation into German. Only the English version of this news is valid.
Disclaimer: The information provided does not constitute any form of recommendation or advice. Express reference is made to the risks involved in securities trading. No liability can be accepted for any damages arising from the use of this blog. I would like to point out that shares and especially warrant investments are generally associated with risk. The total loss of the invested capital cannot be excluded. All information and sources are carefully researched. However, no guarantee is given for the correctness of all contents. Despite the greatest care, I expressly reserve the right to make a mistake, especially with regard to figures and prices. The information contained herein has been obtained from sources believed to be reliable, but in no way claims to be accurate or complete. Due to judicial decisions the contents of linked external pages are to be answered for (so among other things regional court Hamburg, in the judgement of 12.05.1998 – 312 O 85/98), as long as no explicit dissociation from these takes place. Despite careful control of the contents, I do not assume any liability for the contents of linked external pages. The respective operators are exclusively responsible for their content. The disclaimer of Swiss Resource Capital AG applies additionally: https://www.resource-capital.ch/de/disclaimer-agb/
Swiss Resource Capital AG
Poststrasse 1
CH9100 Herisau
Telefon: +41 (71) 354-8501
Telefax: +41 (71) 560-4271
http://www.resource-capital.ch
CEO
Telefon: +41 (71) 3548501
E-Mail: js@resource-capital.ch