Speaking at the Gold Coast Gold Conference–2025, Great Divide Mining’s (ASX:GDM) CEO, Justin Haines explained to a record audience why Gold was a superior investment proposition to most other metals.
“Not only is Gold seen as a safe haven for wealth in an increasingly turbulent global environment,” he said , “it doesn’t display the volatility of many of the so-called modern metals.”
Citing Lithium as a current example Haines said ,” There’s been a significant increase in the demand for Lithium driven by all our new electronic devices, but most significantly by EVs. Huge volume.”
“Great if you already had a lithium mine operating at the start of the price rise,” he said, “Off the back of these record high prices, new miners have entered the market, but a new mine takes 3-5 years to bring online. So now we have new mines online & the heat has come out of the pricing. It’s simply supply and demand.”
“Gold just isn’t like that,” said Haines.
Haines went on to show several gold price charts, some going back to the seventeen hundreds.
Speaking specifically about GDM’s success to date, since listing in August, 2023, Haines went on to say, “We focus on brown field sites. It’s not a question of is there gold here? It becomes a question of can we economically extract the gold that we already know is there.”
Haines went on to list, numerous brown field site advantages including:- historical confirmation of resource, decreased project and exploration risk, leading to a reduction in exploration costs.
“Process & planning risk and costs are also reduced,” said Haines. ”Often permitting is facilitated, shortening project timelines to cash-flow.”
“Oh, and as we like to say at GDM, every brown-field site we re-commission, is another piece of the environment we’ve protected,” said Justin.
For further information:
Justin Haines
Chief Executive Officer
e: justin.haines@greatdividemining.com.au
Great Divide Mining Ltd (ASX: GDM)
Great Divide Mining is a Gold, Antimony and critical metals miner, explorer and developer with five projects across 17 tenements (including two in application). GDM’s focus is on operating producing assets within areas of historical mining and past exploration with nearby infrastructure, thus enabling rapid development. Through a staged exploration and development programme, GDM intends to generate cash flow from its initial projects to support further exploration across its portfolio of highly prospective tenements.
GDM CEO, Justin Haines with Chairman Paul Ryan at Gold Coast Gold Conference – 2025.
