Olive Resource Capital Cuts Asia-Pacific Exposure, Adds 5 Western Miners on Hormuz Risk
Updated
Updated · cruxinvestor.com · May 30
Olive Resource Capital Cuts Asia-Pacific Exposure, Adds 5 Western Miners on Hormuz Risk
1 articles · Updated · cruxinvestor.com · May 30
Olive Resource Capital shifted capital out of Australia and broader Asia-Pacific holdings, adding five western-focused explorers including White Gold, Prospector, Goldsky, Valhalla and ValOre.
Strait of Hormuz supply concerns and a broader deglobalisation trend drove the move, with the firm arguing western critical-minerals assets now command a strategic premium as supply chains fragment.
The repositioning comes during a 2- to 3-month consolidation in mining markets that managers called healthy and seasonal, with copper still outperforming and lower volatility supporting a gradual rise in equities.
White Gold’s roughly 3 million-ounce Yukon resource, Goldsky’s expected June maiden resource and upcoming drill catalysts at Prospector and Valhalla are the near-term rerating triggers Olive is targeting.
Olive said junior explorers typically strengthen in spring as drilling starts and are often trimmed into the fall conference season, when results and financings cluster.
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