Lahontan Gold Corp

Commented by Nico Popp on February 23rd, 2026 | 07:05 CET

Reserves at their limit: Why Newmont and Barrick Mining depend on developers such as Lahontan Gold

• Mining
• Gold
• Commodities
• Investments

The price of gold is hitting new highs, driven by global debt of over USD 340 trillion and the devaluation of fiat currencies. Analysts at JPMorgan forecast an average gold price of USD 5,055 per ounce by the end of 2026. In this market environment, gold mine operators are seeing revenue and EBITDA growth. Nevertheless, producers face a massive problem: they are extracting the precious metal faster than they can discover new deposits. The procurement of new resources in reliable jurisdictions has become a matter of operational survival for players in industry. We present a promising stock that aims to make great strides in 2026.