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Global Mining Market Size Poised to Cross $350 Billion in Revenue By 2037 Despite Geopolitical Uncertainties
PALM BEACH, Fla., July 30, 2025 (GLOBE NEWSWIRE) -- FN Media Group News Commentary - ...
About this update from Hercules Metals Corp
[{"type":"text","content":"Global Mining Market Size Poised to Cross $350 Billion in Revenue By 2037 Despite Geopolitical Uncertainties\n\n\n\n PALM BEACH, Fla., July 30, 2025 (GLOBE NEWSWIRE) --\n \n\n FN Media Group\n \n\n\n News Commentary\n \n - The demand for gold is rising every year. Besides being a safe-haven asset, the novel metal is also a crucial part is manufacturing electronics, raising the surge for gold. Its contribution to producing circuitry and aesthetic crafts has secured a steady consumer base for the gold mining market. The industry is gaining demand from several developing sectors such as jewelry, technology, and reserve banks. According to the report published by the World Gold Council, in October 2024, the value of gold demand increased by 35%, exceeding USD 100 billion. Irrespective of the reduced quantity of purchased jewelry, expenditure increased by 13% achieving around USD 36 billion. Increasing investments in exploration: The continuous investments from mining corporations in exploration activities are creating new reservoirs for the gold mining market. This is further resulting in the long-term growth of untapped regions and geological formations, creating a profitable scope for investors. A recent\n \n report\n \n from Research Nester said: “Gold Mining Market in 2025 is assessed at USD 225.25 billion. The global Market size was worth more than USD 218.6 billion in 2024 and is poised to witness a CAGR of around 3.8%, crossing USD 354.99 billion revenue by 2037. North America is likely to cross USD 163.65 billion by 2037, driven by presence of major gold producers and large mining projects.” Active mining companies in the markets this week include\n \n American Pacific Mining Corp.\n \n (OTCQX: USGDF) (CSE: USGD),\n \n Rio Tinto Group\n \n (NYSE: RIO),\n \n Hercules Metals Corp.\n \n (OTCQB: BADEF) (TSX-V: BIG),\n \n Hecla Mining Company\n \n (NYSE: HL),\n \n Newmont Corporation\n \n (NYSE: NEM) (TSX: NGT).\n \n\n Research Nester continued: “The rise in gold prices is one of the major drivers for growing interest in mining and related technologies. The height in pricing during economic uncertainty or inflation makes exploration and extraction more viable and profitable. This attracts mining companies to invest in this sector. According to a report published by the World Bank, in May 2024, geopolitical te...