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Pandemic initially decimated financings for gold projects, but market has rebounded, Mining Intelligence says


Pandemic initially decimated financings for gold projects, but market has rebounded, Mining Intelligence says
Osisko Mining s Windfall project. Credit: Osisko Mining.
A review of capital raisings for gold projects around the world between February 1, 2020 and February 28, 2021 conducted by The Northern Miner’s sister company Mining Intelligence, has found that of the US$2.9 billion raised for gold projects in 41 countries, 75% went to projects in just five countries – Canada, Mexico, Australia, the United States and Chile. Of those, Canada received the lion’s share with US$965.07 million (34%). Mexico followed in second place with US$389.09 million (14%); Australia with US$291.04 million (10%); the U.S. with US$255.56 million (9%); and Chile with US$253.71 million (9%). ....

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Geology Corner: The nuts and bolts of feasibility studies on gold


Geology Corner: The nuts and bolts of feasibility studies on gold
Great Bear Resources employees study a drill map. Credit: Great Bear Resources.
Of the 123 global gold projects with completed feasibility studies or ones being worked on, 50 projects are orogenic deposits; 24 are epithermal deposit types, and eight are porphyry deposits, according to Glacier Resource Innovation Group’s Mining Intelligence database.
The other deposit types are volcanogenic massive sulphide (VMS) deposit projects at 16; iron oxide copper gold at six; skarn at four; and intrusion-related deposits at one.
“The orogenic and epithermal deposits make up about 59% of the defined gold in the ground at the feasibility stage, and 41% are orogenic deposit types,” says Katja Freitag, the manager of Mining Intelligence, a research and database owned by Glacier Resource Innovation Group. “Epithermal deposits generally have double the amount of gold in them than orogenic deposits and while ....

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