Gold exploration trends: companies still cautious despite market rebound

Vladimir Basov | June 27, 2019 | 9:09 am

MINING.COM analysed monthly gold exploration trends from January to May 2019 using data from the Mining Intelligence Data Application. The data used represents reporting companies listed on the following stock exchanges: TSX (+TSX-V), ASX, LSE (+LSE-AIM), NYSE, and JSE.

In May 2019, companies reported exploration results for 117 projects (Figure 1), which is slightly higher than a slump observed in April (114). Canada returned to its gold exploration leadership position in terms of a number of projects drilled (39), followed by Australia (34) and South America (18).