Independent research on the operators, capital cycles and jurisdictions moving global commodities, written without the sell-side gloss.
Resource claims are read against published survey data and categorised by confidence, never repeated as issued.
Licence status, royalty terms and export permissions are checked against the primary register where one exists.
Ugandan coverage is scoped to operators holding current Directorate of Geological Survey and Mines titles.
A tape at four-thousand-dollar gold rewards the operators who kept discipline through the last down-cycle, and tempts everyone else into the classic top-of-cycle mistakes.
Rox Resources has signed a binding Native Title Mining Agreement with the Badimia Barna claimants over its Youanmi gold redevelopment in Western Australia, ahead of a targeted mid-2027 first pour. We assess what it de-risks and what it does not.
“Copper projects have ten-to-fifteen-year lead times. Anything that was not permitted by 2023 is not going to materially help the balance sheet before the end of this decade.”
Rox Resources has signed a binding Native Title Mining Agreement with the Badimia Barna claimants over its Youanmi gold redevelopment in Western Australia, ahead of a targeted mid-2027 first pour. We assess what it de-risks and what it does not.
Spot gold touched its highest level since mid-May before easing to about $4,628 an ounce, driven by the US Treasury's long-dated buyback expansion, a softer dollar and ETF inflows ahead of Jackson Hole. We test what is actually being priced.
Tolu Minerals is drilling and progressing a restart at the Tolukuma gold mine in Papua New Guinea. We assess brownfield restart economics against the jurisdiction's logistics and legacy risk.
A proposed gold mine on the Johnson Tract, an inholding surrounded by Lake Clark National Park in Alaska, has split the local community. We assess the permitting and social licence risk.
Gold Fields expects Salares Norte in Chile to exceed guidance and offset weaker output at Gruyere in Australia and Tarkwa in Ghana. We assess the concentration risk behind the guidance upgrade.
White Gold Corp's first preliminary economic assessment outlines a 9.4-year open pit producing about 188,000 ounces a year, with a C$1.91 billion net present value. We test the inputs.
Operator-level reads: what the disclosures support, and what they do not.
Rox Resources has signed a binding Native Title Mining Agreement with the Badimia Barna claimants over its Youanmi gold redevelopment in Western Australia, ahead of a targeted mid-2027 first pour. We assess what it de-risks and what it does not.
Tolu Minerals is drilling and progressing a restart at the Tolukuma gold mine in Papua New Guinea. We assess brownfield restart economics against the jurisdiction's logistics and legacy risk.
An AurumPivot analysis of Burlcore Mining's gold reserves, regulatory compliance, licensing strategy and leadership depth in Uganda's Lake Victoria Gold Belt.
Four coverage desks translate raw disclosures into corporate intelligence.
Reserves, licences and leadership benches, benchmarked.
Cost guidance, dividends and non-core divestments.
Legislation, permitting and jurisdictional vetting.
Greenstone belts, endowments and resource modelling.
