Precious metal and strategic semi-metal in a single mine

Advertisement/Advertising - This article is distributed on behalf of Southern Cross Gold Consolidated Ltd and GoldMining Inc., with whom SRC swiss resource capital AG maintains paid IR advisory agreements. Publisher: SRC swiss resource capital AG · Author: Ingrid Heinritzi · First published: April 21, 2026, 6:15 p.m. Zurich/Berlin ·

There are mines where gold and antimony occur together. Antimony is a key raw material for the energy transition and the defense industry. Antimony is used in special alloys and in modern battery technologies because it possesses unique hardening properties. Flame retardants require antimony, as do, for example, ammunition alloys, armor-piercing munitions, or night-vision devices in the defense industry.

The U.S. is planning a defense budget of $901 billion for 2026. EU member states, as well as Russia and China, are also investing in their armed forces. Global tensions and conflicts are exacerbating this trend. Once again, most of the antimony comes from China. And China had already imposed export controls as early as 2024. In 2024, a ton of antimony still cost around $6,000. Then the price skyrocketed. Today, a ton of antimony costs about $40,000. Thus, a mining company that owns not only gold but also antimony in its project can count itself lucky.

Gold projects have become more valuable recently. Even though the gold price has fallen from its peak, it is still significantly higher than it was a year ago. Fluctuations in the gold price are a normal part of the market; interest rates and geopolitical events influence the price of the precious metal. And the majority of analysts and banks expect the gold price to rise in the future. The gold price has just broken through the $5,800 mark.

GoldMining - https://www.commodity-tv.com/ondemand/companies/profil/goldmining-inc/ - holds large gold and copper projects in North and South America; the 100% company-owned Crucero project in Peru contains significant antimony mineralization in addition to gold. On a gold-equivalent basis, the indicated resources have been expanded by approximately 75% (thanks to the presence of the critical metal antimony). This increases the value of the project. Exploration drilling has begun in Brazil.

Southern Cross Gold Consolidated - https://www.commodity-tv.com/ondemand/companies/profil/southern-cross-gold-consolidated-ltd/ - the Sunday Creek project in Australia. It contains gold as well as antimony. Excellent recent drill results, such as 17.3 meters grading 22.9 grams of gold per ton of rock, indicate significant exploration potential. The drilling program covers 200,000 meters. The company’s common shares were recently added to the VanEck Junior Gold Miners ETF and the FTSE Canada All Cap Index.

Current company information and press releases from Southern Cross Gold Consolidated (- https://www.resource-capital.ch/en/companies/mawson-gold-ltd/ -) and GoldMining (- https://www.resource-capital.ch/en/companies/goldmining-inc/ -).

Further information is also available in our new Precious Metals Report at the following link: https://www.resource-capital.ch/en/reports/view/precious-metals-report-2025-04/

Sources: Southern Cross Gold Consolidated, GoldMining,

https://www.wallstreet-online.de/nachricht/20704671-gold-ruestungsindustrie-antimon-strategischen-joker-depot;

https://inv3st.de/kommentare/die-antimon-krise-antimony-resources-im-zentrum-der-westlichen-versorgungssicherheit-so-reagieren-lockheed-martin-und-rio-tinto;

https://www.resource-capital.ch/en/reports/view/precious-metals-report-2025-04/

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