Proactive’s Tylah Tully gives an outlook for gold in 2025.
Gold has always been a safe-haven investment amidst geopolitical and economic uncertainty, and with ongoing conflicts in Ukraine and the Middle East, inflation, and unstable currencies, it’s poised to continue its strong performance.
After a 39.96% average price increase in 2024 from 2023, gold is set to continue its bullish run.
Australian resource companies are actively exploring opportunities to capitalise on this favourable market.
- Predictive Discovery Ltd (ASX:PDI, OTC:PDIYF) advanced its Bankan Gold Project in Guinea, reporting significant drilling results and preparing multiple maiden resource estimates for early 2025.
- Yandal Resources Ltd (ASX:YRL) progressed its Siona Gold Discovery in Western Australia, confirming high-grade mineralisation over a 300-metre strike.
- Tolu Minerals Ltd (ASX:TOK) achieved high-grade gold and silver results at its Tolukuma Gold Project in Papua New Guinea and is preparing a maiden JORC-compliant resource estimate.
- Riversgold Ltd (ASX:RGL) expanded exploration at its Northern Zone Gold Project near Kalgoorlie, submitting a mining lease application while targeting growth in its oxide zone resource footprint.
- Ora Banda Mining Ltd (ASX:OBM, OTC:ESGFF) intersected its first ore at the Sand King Underground mine, with steady-state production planned for mid-2025 as part of its ‘Drive to 150’ initiative.
With a strong 2024 foundation, these companies are well-positioned for growth in 2025.