• New gold discoveries have grown over the past few years, but the amount discovered remains far lower than the gold discoveries from the 1990s and early 2000s. And while exploration budgets increased 12% in 2022, they are expected to face headwinds in the coming year as gold prices remain higher than average and investor appetite is down. Amongst the juniors, executives are noting that they’re finding it difficult to raise cash for large exploration programs in the current environment.
• This panel will look at global exploration trends, where is the financing coming from, challenges for the industry, and more.
Angelos Damaskos, CEO, Sector Investment Managers