Brownfield Momentum Re-rates the Sector as Golden Goose Adds Large Argentinian Footprint
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American Lithium Minerals Expands Quebec Critical‑minerals Footprint
American Lithium Minerals closed three Quebec property acquisitions that add high‑priority REE, copper and precious‑metal targets across ~17,000 hectares and 539 claims, shifting the company to a multi‑commodity explorer with several drill‑ready options. Industry precedents show demand‑side memoranda (conditional offtake MoUs) can de‑risk financing, but the company will need rapid QA/QC drill confirmation, metallurgical validation and permitting to convert optionality into binding commercial engagement.
Pentagon Cash, Pilot Plants and High-Grade Samples Reconfigure North American critical-minerals Landscape
A late‑2025 Pentagon allocation has catalyzed a wave of demonstration funding, private capital and project milestones that shorten the path from discovery to defense‑relevant supply in North America. Market and policy attention is now tilting toward brownfield and drill‑testable targets with verifiable geochemistry and defined metallurgy that can be tied quickly to pilot processing.

Silver Supply Squeeze Forces Capital Toward Resource-focused Juniors; Americore and Peers Reposition
A pronounced tightening in the silver market has driven the metal above $100 an ounce and shifted investor attention to companies with demonstrable, expandable resources. Exploration-stage firms with nearby infrastructure, recent data sets and active drilling or surveys stand to benefit, though claimed historic resources and paid promotion require independent verification.

Copper Giant’s Mocoa Drilling Extends Porphyry Footprint; MD-054 Reveals Stronger Southern Mineralization
Copper Giant concluded its 2025 campaign with two strategic holes that extended the Mocoa porphyry system toward the La Estrella target and returned higher-than-modelled grades at the southern margin. The company’s updated inferred resource now stands at ~1.12 billion tonnes at ~0.51% CuEq, while follow-up infill and permitting work are slated for 2026.

Lundin Mining’s Vicuña PEA defines a world‑class Argentina–Chile copper‑gold‑silver district
An integrated Preliminary Economic Assessment positions the Vicuña district as a multi‑decade, high‑margin copper, gold and silver development with a base‑case after‑tax NPV of approximately $9.5 billion and an IRR near 15% at conservative metal prices. The staged plan targets early cash flow from a Stage‑1 sulphide concentrator while preserving scale optionality (peak >500 ktpa copper) and outlines funding, infrastructure and permitting pathways across Argentina and Chile.
Metalla posts a standout 2025 as royalty receipts surge and portfolio projects advance
Metalla reported a sharp rise in royalty-derived cash flow for 2025 with attributable gold-equivalent deliveries and top-line receipts well above the prior year. That near-term strength arrives as capital markets rotate toward asset-driven stories and projects that can be rapidly advanced to auditable resources, a backdrop that increases the strategic value of Metalla’s progressing portfolio while leaving execution risk concentrated with third-party operators.
Global critical‑minerals scramble: U.S. $30B mobilization lifts RUA Gold’s New Zealand antimony push
A multi‑instrument U.S. push—reported at roughly $30 billion—has shifted policy from promise to deployment, privileging projects that can demonstrate auditable geology and near‑term metallurgy. That policy backdrop is accelerating RUA Gold’s push in New Zealand, where high‑grade gold‑antimony results and a fortified treasury (C$38M) support an aggressive drill and fast‑track resource timeline.
NatGold Digital Secures Friday Gold Project Option, Targets 73% Token Minting
NatGold Digital agreed an option to buy the Friday Gold Project for $20M , structured as a $2M near-term payment and $18M within a year, aimed at delivering a 73% share of tokens minted from that deposit. The move converts an Idaho resource of ~ 632,641 oz into a potential 314,204 NatGold Tokens , implying a theoretical token value north of $1.1B at NatGold’s baseline metric.