Antimony in Gold Projects
Advertisement – This article is distributed on behalf of GoldMining Inc. and Southern Cross Gold Consolidated Ltd., with which SRC swiss resource capital AG has paid IR consulting agreements. Producer: SRC swiss resource capital AG · Author: Ingrid Heinritzi · First published: July 13, 2026, 5:10 p.m. Zurich/Berlin ·
Antimony is an indispensable component for the military and defense sectors, for various technologies, and for clean energy storage. At the same time, many countries are investing more and more in the defense sector due to global tensions. The global supply of antimony has been under Chinese control for more than 100 years. Including further processing, China controls around 80 percent of the global supply. Antimony is used in the production of flame-retardant textiles, as well as in a contrasting application: as a combustible substance in matches.
Last year, the price of antimony rose dramatically. It would be nice to have antimony reserves in our own country. In Europe, the raw material could be mined primarily in Slovakia. In the Little Carpathians near Bratislava lies the Trojarova mine – presumably the largest antimony deposit in the entire EU – which was shut down in the 1990s. There are fears of potential environmental damage. And so the exploration license has now been revoked from the company that wanted to revive the mine.
It is not only the EU that is striving for independence from countries like Russia or China when it comes to antimony. And China has imposed export restrictions. The U.S. is currently completely dependent on other countries, spends the most money on the military , and does not (yet) own a single antimony mine. But there are, for example, two mining companies that have antimony projects in addition to gold or copper.
GoldMining – https://www.commodity-tv.com/ondemand/companies/profil/goldmining-inc/ – has large gold and copper projects in North and South America. The 100 percent company-owned Crucero project in Peru contains significant antimony mineralization in addition to gold. This increases the project’s value. The extensive resource base includes, among other things, 13.1 million ounces of gold equivalent (proven and indicated). GoldMining is debt-free. An updated preliminary economic assessment for the La Mina project in Colombia has been extremely positive.
Southern Cross Gold Consolidated – https://www.commodity-tv.com/ondemand/companies/profil/southern-cross-gold-consolidated-ltd/ – owns the Sunday Creek project in Australia. Antimony accounts for approximately 20 percent of the in-situ value, alongside gold. Excellent recent drill results – such as up to 493 grams of gold per metric ton of rock – point to significant exploration potential. The drilling program covers 200,000 meters. The company’s common stock has been included in the S&P/TSX Composite Index. Currently, the first new adit in the state of Victoria in 20 years is being developed at the Sunday Creek project.
For the latest company news and press releases from Southern Cross Gold Consolidated (- https://www.resource-capital.ch/de/unternehmen/mawson-gold-ltd/ -) and GoldMining (- https://www.resource-capital.ch/de/unternehmen/goldmining-inc/ -).
You can also find further information in our new Precious Metals Report at the following link: https://www.resource-capital.ch/de/reports/ansicht/edelmetall-report-2026-03/.
Sources: GoldMining, Southern Cross Gold Consolidated,
https://www.tagesschau.de/ausland/europa/slowakei-antimon-abbau-100.html;
https://www.resource-capital.ch/de/reports/ansicht/edelmetall-report-2026-03/.
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