Weekly Nugget
Rich in Gold but Plagued by Effects of Mercury: Is There a Path to Safer Gold Mining?
In this week's Nugget, we're digging into the latest mining news, data, and trends.
Gold price to reach $4,000 on Central Bank Demand, DoubleLine’s Gundlach says
Sift through mining news in this week's nugget.
Prospector
Mar 19, 2025
Here's Your Weekly Nugget!
🔥 What's New
Have You Met Geo Yet?
If you didn’t get a chance to stop by our booth at PDAC, now is your chance to meet Geo, Prospector’s new chatbot! While Geo has a similar feel to tools like ChatGPT that you probably use, what sets it apart is its in-depth mining data knowledge!
Geo uses Prospector’s own database to answer your questions about mining data, the latest news, drill results, and more.
📰 In The News
Prospector CEO Emily King Featured on Oreatory
- The mining industry must embrace risk, innovation, and new leadership strategies to stay competitive, with a venture capital mindset and diverse talent pools playing key roles in its transformation.
- Strong storytelling and cutting-edge technology, including AI, are essential to driving sustainable growth and attracting investment.
USGS Projects World Production & Capacity for 7 Critical Minerals
& Helium from 2025 - 2029
- The USGS released its first World Minerals Outlook, projecting that global lithium and cobalt production capacity will double in five years, while other critical minerals like gallium and palladium remain stable.
- The report aims to help U.S. leaders and industries anticipate supply chain risks and plan for future mineral demand.
Junior Miners Struggle Despite Gold’s Record Highs, but What’s Next?
- Gold prices have hit record highs above $3,000 an ounce, but junior mining stocks continue to struggle due to financing challenges and weak investor interest.
- Experts suggest that strong sponsorship, insider buying, and effective storytelling are key to attracting capital in the sector.
Chinese Scientists Design Insect-Inspired Robot for Space Mining
- Chinese scientists have developed a six-legged "space mining robot" inspired by insects, designed to explore and mine resources on the moon and asteroids.
- The innovative design enhances mobility and grip in microgravity, potentially aiding future lunar and deep-space missions.
Gold Price to Reach $4,000 on Central Bank Demand, DoubleLine’s
Gundlach Says
- Gold has surged past $3,000 per ounce for the first time, with analysts predicting further gains driven by strong central bank demand.
- Investor Jeffrey Gundlach believes gold could eventually reach $4,000, while Macquarie analysts foresee $3,500 by Q3 2025.
✉️ Subscribe to the Weekly Nugget
Our weekly blog and newsletter, "The Nugget," offers readers an inside look at commodity prices, current events in the mining and commodities industries, and the latest 43-101 Reports published to the Prospector Portal.