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Gold Fields to Industry: Majors Must Step Up in Gold Exploration

At the Diggers and Dealers conference in Australia, Gold Fields’ VP of greenfields exploration, Matthew Crawford, urged major gold companies to take greater responsibility in early-stage discovery, traditionally led by junior miners. He emphasized that the gold sector isn’t discovering enough new ounces and that seniors must “”lean in”” with capital, technical support, and long-term commitment.

Gold Fields itself is expanding exploration across Australia, Chile, Peru, and now Canada. The company recently launched its first drilling program in Queensland since 2013 and is pursuing full ownership of the Gruyere mine through a $3.7 billion acquisition of Gold Road Resources. Other highlights include the low-cost Salares Norte mine in Chile and the 7.4-million-ounce Windfall project in Canada.

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Stacked gold and silver bars with an oil pumpjack silhouetted at sunset, representing the gold silver ratio today
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Gold Falls as Oil Pushes Fed Rate-Hike Bets Higher 

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