Frequently asked questions
What type of data does Opaxe have?
We extract data from every announcement and store it in our databases. This data is then made available to our subscribers who can download it to their own systems. The data we have includes intercept data, resources and reserves data, names of CP/QPs, planned exploration information and much more. Opaxe also has company and project information, including location data, and the latest commodity prices.
How many announcements does Opaxe have?
As of April 2022, we have more than 36,000 listed mining company announcements in our database. As a subscriber you can view and download any of these announcements.
Gold is the most common commodity reported in these announcements with more than 26,000 of them including Gold.
There are more announcements just for Lithium (920) than there are just for Copper (650).
Some more numbers around announcements:
Drilling results = c21,500
Gold only announcements – c16,000
Deposit estimations – c6,600
Planned exploration (business leads) – c4,800
What is the Opaxe Index?
The Opaxe Index is a way of comparing drilling results from different projects and commodities. It is calculated by converting a drilling result for the most common commodity, or mix of commodities, into a Gold Equivalence value and multiplying the figure by the length of the intercept, i.e. the Opaxe Index is AuEq x m.
What is the largest Opaxe Index in the database?
Currently the highest Opaxe Index we have calculated is 27,268 and belongs to Osisko Mining Inc.’s Windfall project located in Eeyou Istchee, James Bay, Québec, in Canada.
What are the top ten projects world-wide ranked by Opaxe Index?
|Date of intercept||Company||Project||Commodity||Location||Opaxe Index|
|1 Dec 2020||Osisko Mining Inc||Windfall||Gold||Canada||27268|
|8 Mar 2016||NexGen Energy Ltd||Rook I||Uranium||Canada||24835|
|17 Jan 2017||Kirkland Lake Gold Ltd||Fosterville||Gold||Australia||21649|
|12 May 2016||Pretium Resources Inc||Brucejack||Gold, Silver||Canada||18709|
|3 Jan 2018||Fission Uranium Corp||Patterson Lake South||Uranium||Canada||18256|
|23 Dec 2020||Hummingbird Resources Plc||Yanfolila||Gold||Mali||15424|
|10 Dec 2018||Ramelius Resources Ltd||Mt Magnet||Gold||Australia||12900|
|14 Jul 2014||Ivanhoe Mines Ltd||Kipushi Mine||Silver, Copper, Zinc, Germanium, Sulphur||Democratic Republic of the Congo||10678|
|14 May 2020||Sandstorm Gold Ltd.||Hod Maden||Gold, Copper||Turkey||8157|
|20 Dec 2018||Northern Star Resources Ltd||Kanowna||Gold||Australia||7314|
How much is Gold worth?
The price of Gold changes on a daily (well actually almost constant) basis. As at 12 April 2022 the Gold price was US$1957 per ounce or AU$2365 per ounce.
Since January 2017 the price of Gold has steadily risen from circa US$1320 per ounce to around US$1970 per ounce on 12 April 2022.
Can I get announcements from ASX listed companies on Opaxe?
Yes, we collect and republish most announcements released by ASX listed mining companies. We also cover mining companies listed on the TSX/TSX-V, LSE, NYSE and 22 other stock exchanges world-wide.
Is Opaxe free?
No Opaxe is not free to use. Access to the my.opaxe app is via a subscription with prices starting at Au$10 per month. We have a range of four subscriptions so there is a plan to suit everyone. And if you are looking for a bespoke data set, or some specific analysis, we can handle that too. Just contact us at email@example.com.
I am looking for information on CPs and QPs – does Opaxe have this information?
We extract and store the name of the CP/QP for every announcement that we republish, together with the company they work for and who accredited them. This data is available on the Opaxe website from where it is easily accessible. This information is great for companies looking for a CP/QP with the experience you might require for your next company report.
Does Opaxe have job vacancies?
Opaxe does not have specific job vacancies, but it does have early-stage news from the majority of mining companies across the world. Stories like “10,000m drilling programme to start in the spring…”, and “field work is planned to commence shortly…” are excellent sources of business intelligence and leads.
What is the best gold mine in Australia?
Its hard to say what makes a mine the best of its type in the world. We have the details on more than 2,500 Gold Mines across the world and who can say exactly which one is the best? We wouldn’t try to pick a winner. But don’t take our word for it – join Opaxe, view all the available data and make your own decision.
Is it true that Chile has the most copper in the world?
Chile certainly has a huge amount of the world’s copper resources. But the most in the world – probably not. There is quite a lot of copper in Canada, and many Australian miners are finding and extracting a good chunk of copper. Use my.opaxe your self to download the latest deposit estimations for copper for projects in Chile, Canada and Australia and do your own comparison. Maybe Chile really does have most of it!
Where does the development for Opaxe get done?
Development of Opaxe is done by Tekkon who are based in Nepal. We have a team of developers, designers and database engineers constantly building new features and functionality for my.opaxe. We generally release new developments every week. New releases range from simple bug fixes right through to new products and services.
Who runs Opaxe?
Opaxe is run by Managing Director Nick Saunders, Technical Director Rene Sterk, and Strategy Director Craig Wright. The real work is done by Phil Anderson in New Zealand and an operational and development team in Kathmandu, Nepal.
Who owns Opaxe?
Opaxe is privately owned by people and companies in Australia and New Zealand.