Geomechanics.io

  • Free Tools
Sign UpLog In
Built byBoxcut Studio

Geomechanics.io

Geomechanics, Streamlined.

© 2026 Geomechanics.io. All rights reserved.

Geomechanics.io

CMRR-ioGEODB-ioHYDROGEO-ioQCDB-ioFree Tools & CalculatorsBlogLatest Industry News

Industries

MiningConstructionTunnelling

Company

Terms of UsePrivacy PolicyLinkedIn
    Projects

    Gold price rally has legs: planning implications for mine project teams

    February 18, 2026|

    Reviewed by Joe Ashwell

    Gold price rally has legs: planning implications for mine project teams

    First reported on MINING.com

    30 Second Briefing

    Gold’s 2025–26 bull run is being sustained by central bank purchases of 328 tonnes in December 2025, record inflows of $19 billion into physical gold ETFs in January, and mounting concerns over US “dollar debasement” and sovereign debt, according to Scotiabank and Jefferies. Spot gold, now about $4,856/oz after a 2.7% drop Tuesday, is still up roughly 13% year‑to‑date following a more than 60% surge last year, with ETF holdings hitting 4,145 tonnes and $669 billion AUM. Jefferies also flags Tether’s 148‑tonne physical position as a non‑sovereign demand driver, adding 32 tonnes since Q4 2025.

    Technical Brief

    • Central banks collectively hold under 30% of global above‑ground bullion, per Scotiabank estimates.
    • December 2025 official‑sector purchases of 328 tonnes were slightly below the 345 tonnes a year earlier.
    • January’s 14% monthly gold price increase, combined with ETF inflows, lifted ETF AUM by 20%.
    • Analysts explicitly link post‑Covid fiscal deficits and escalating US federal debt to “dollar debasement” concerns.
    • Seizure of Russian assets, resource nationalism and US tariff policy are cited as structural drivers of hard‑asset demand.

    Our Take

    With gold up 49% from July to end-January and ETFs adding 120 tonnes in a single month, producers like Agnico Eagle Mines, which just reported record reserves in our coverage, are positioned to lock in higher-price hedges or accelerate marginal project approvals.

    Tether’s 148-tonne physical position and status among the top 30 gold holders signals that non-traditional financial players are now material demand-side actors, which can complicate price modelling for US- and Russia-linked macro risk scenarios referenced in the article.

    Our database shows many recent gold-project pieces (such as Hecla Mining’s expanded exploration spend) being justified on conservative price decks; if Scotiabank’s view on the rally having legs proves correct, internal hurdle rates for new gold and polymetallic projects may be revised upward without changing geological assumptions.

    Geotechnical Software for Modern Teams

    Centralise site data, logs, and lab results with GEODB-io, CMRR-io, and HYDROGEO-io.

    No credit card required.

    • Save and export unlimited calculations
    • Advanced data visualisation
    • Generate professional PDF reports
    • Cloud storage for all your projects

    Prepared by collating external sources, AI-assisted tools, and Geomechanics.io’s proprietary mining database, then reviewed for technical accuracy & edited by our geotechnical team.

    Related Articles

    Fortescue copper–arsenic Toowong Process: project economics lens for mine planners
    Mining
    about 10 hours ago

    Fortescue copper–arsenic Toowong Process: project economics lens for mine planners

    Fortescue has sold more than 40 tonnes of copper concentrate treated with its patented Toowong Process, a low-temperature, low-pressure hydrometallurgical circuit that removes arsenic from copper concentrates. Developed and tested over four years after Fortescue acquired the technology, the process targets a longstanding penalty element constraint that limits saleability of high-arsenic ores. Commercial deployment could materially change project economics for arsenic-rich copper deposits, enabling miners to convert previously marginal or stranded resources into exportable concentrate streams.

    Core’s Finniss lithium: 92 m Blackbeard hit and what it means for mine design
    Mining
    about 10 hours ago

    Core’s Finniss lithium: 92 m Blackbeard hit and what it means for mine design

    Core Lithium has reported its longest mineralised downhole intersection at the Blackbeard prospect within the Finniss lithium operation in the Northern Territory, with diamond drillhole NMRD104 returning 92m at 1.25 per cent Li₂O, including 73m at 1.45 per cent Li₂O. The thick, continuous spodumene-bearing pegmatite materially extends known mineralisation at depth and along strike, improving the potential for larger, more coherent underground or bulk open-pit mine designs. For resource modellers and geotechs, the interval supports tighter geological domaining and may justify updated pit shells and geotechnical slope assessments.

    South32 Australian manganese output lift: throughput takeaways for mine planners
    Mining
    about 10 hours ago

    South32 Australian manganese output lift: throughput takeaways for mine planners

    South32 lifted Australia Manganese saleable output 15 per cent quarter-on-quarter to 902,000 wet metric tonnes in the September 2026 quarter, driven by higher utilisation of the primary processing circuit, while keeping full-year production guidance unchanged across its operations. Alumina production also increased, and the company is continuing capital deployment into base metals growth projects, including copper and zinc developments. For mine planners and process engineers, the numbers signal more stable plant throughput assumptions and sustained demand for processing circuit optimisation and debottlenecking work.

    Related Industries & Products

    Mining

    Geotechnical software solutions for mining operations including CMRR analysis, hydrogeological testing, and data management.

    CMRR-io

    Streamline coal mine roof stability assessments with our cloud-based CMRR software featuring automated calculations, multi-scenario analysis, and collaborative workflows.

    HYDROGEO-io

    Comprehensive hydrogeological testing platform for managing, analysing, and reporting on packer tests, lugeon values, and hydraulic conductivity assessments.

    GEODB-io

    Centralised geotechnical data management solution for storing, accessing, and analysing all your site investigation and material testing data.

    AllGeotechnicalInfrastructureHazardsEnvironmental