• 4 minutes Oil Price Editorial: Beware Of Saudi Oil Tanker Sabotage Stories
  • 7 minutes Mueller Report Brings Into Focus Obama's Attempted Coup Against Trump
  • 11 minutes Magic of Shale: EXPORTS!! Crude Exporters Navigate Gulf Coast Terminal Constraints
  • 14 minutes Wonders of Shale- Gas,bringing investments and jobs to the US
  • 2 hours Evil Awakens: Fascist Symbols And Rhetoric On Rise In Italian EU Vote
  • 1 hour Is $60/Bbl WTI still considered a break even for Shale Oil
  • 3 hours Theresa May to Step Down
  • 6 hours Old - New Kim: Nuclear Negotiations With U. S. Will Never Resume Unless Washington Changes Its Position
  • 3 hours IMO 2020 could create fierce competition for scarce water resources
  • 6 hours India After Elections: Economy And Hindu Are The First Modi’s Challenges
  • 3 hours IMO2020 To scrub or not to scrub
  • 7 hours Total nonsense in climate debate
  • 3 hours Devastating Sanctions: Iran and Venezuela hurting
  • 11 hours Trump needs to educate US companies and citizens on Chinese Communist Party and People's Liberation Army. This is real ECONOMIC WARFARE. To understand Chinese warfare read General Sun Tzu's "Art of War" . . . written 500 B.C.
  • 227 days Epic Fail as Solar Crashes and Wind Refuses to Blow
  • 4 hours Apple Boycott in China
  • 5 hours Compensation For A Trade War: Argentina’s Financial Crisis Creates An Opportunity For China
  • 29 mins Level-Headed Analysis of the Future of U.S. Shale Oil Industry
Alt Text

This Supermajor Is Leading The Energy Sector

This supermajor has been standing…

Alt Text

What The Market Is Overlooking In The Occidental Deal

Occidental Petroleum has caught a…

Dave Forest

Dave Forest

Dave is Managing Geologist of the Pierce Points Daily E-Letter.

More Info

Trending Discussions

Two Unique Gold Mining Projects About To Hit The Market

Two very important notes for global gold mining developers this week, suggesting some unique investment opportunities are about to hit the market in this space.

In places most people aren't looking.

Such as Iran, a country that's going on the road soon to market new mining investment opportunities, according to Bloomberg, including at least one major gold mine. Related: This Government Is Sending A Powerful Message To The Mining Industry

Iran's government will reportedly travel to France and Italy in November to seek investment for up to 15 mining projects. With the country's deputy minister of Industries, Mines & Trade saying one of the first projects on offer will be the Neekouyeh gold mining operation.

Neekouyeh is reportedly located just west of Tehran, although few other details on the project have been released. Iran's gold mining potential is well-regarded however -- based on discoveries like the in-development Zarshuran project, which is expected to produce over 200,000 ounces gold yearly starting in 2017.

Iran is reportedly also planning to offer zinc and iron ore mining projects for foreign investment. Related: Depressed Coal Markets Could Get Worse

At the same time, another global gold mining nation is offering a first-ever project. India, where the government is now seeking outside investment to create a new mining district.

That's the Baghmara gold project. The only gold mining region in the eastern state of Chhattisgarh, which the state government said this week will be put up for auction -- for the first time bringing outside investment capital here.

Up until now, work at Baghmara has been completed by the state mining department -- outlining a small gold resource of around 63,000 ounces, plus notable anomalies over six kilometres within the project area. Related: Oil Market Showdown: Can Russia Outlast The Saudis?

That could represent an opportunity for a project developer with the investment capital to carry out modern exploration. The Baghmara project will reportedly go to tender next month, with the project award expected in February.

All reasons to keep an eye out as these new gold terrains open. The next big exploration or development find could come in one of these greenfield mining districts.

Here's to going where the gold is,

Dave Forest

More Top Reads From Oilprice.com:




Download The Free Oilprice App Today

Back to homepage

Trending Discussions


Leave a comment

Leave a comment




Oilprice - The No. 1 Source for Oil & Energy News