The European Central Bank has confirmed that gold has surpassed US Treasuries as the world's largest reserve asset.
This marks a notable shift in the composition of global official reserves. Three observations:
Central bank gold purchases have been sustained over multiple years, reflecting a deliberate diversification of reserve holdings rather than tactical positioning.
Institutional confirmation from the ECB adds weight to what has, until recently, been characterized as an emerging trend. Reserve managers across jurisdictions appear to be reassessing the role of gold within their portfolios.
The displacement of US Treasuries from the top position raises broader questions about the long-term composition of sovereign reserves and the relative weighting of dollar-denominated assets.
At Seva Mining, we continue to monitor these developments closely as sovereign demand reinforces the long-term fundamentals supporting responsible gold production.
Sources: https://t.co/fEnnlUabpj, MarketWatch, ECB
In studio with @JayMartinBC today β and what a fantastic conversation.
@RanjPillai1 unpacked Canada's mining sector, the Fiore Group, Seva Mining, the gold market, and where it's all heading.
Episode will be live soon! You won't want to miss this one. Thanks for having us, Jay!
A look at the Cameron Lake Gold Project β Seva Mining's flagship asset in northwestern Ontario.
Members of our team were recently on site, spending time with the technical crew and walking the ground that continues to drive the conviction behind our exploration strategy. Visits like these are a reminder of why we're so focused on this asset: a past-producing, high-grade gold project located in one of the most established and mining-friendly jurisdictions in the world, with significant infrastructure already in place and meaningful upside still to be unlocked.
This short aerial clip captures just a glimpse of the project. We look forward to sharing more in the weeks and months to come.
$SEVA.V
Goldman Sachs has revised its central bank gold buying estimate from 29 to 50 tonnes per month, and now forecasts sovereign demand to average ~60 tonnes per month through 2026 β roughly 720 tonnes for the year. J.P. Morgan independently estimates ~755 tonnes, with 244 tonnes already confirmed in Q1 alone.
What sets this cycle apart is the nature of the buyer. Central banks operate with multi-decade horizons, low price sensitivity, and minimal reversibility β creating a structural price floor that speculative cycles have never been able to provide.
The driver is a sustained reallocation away from US dollar reserves, with emerging-market central banks still structurally underweight gold relative to developed-market peers. This points to a multi-year accumulation cycle, not a short-term trend.
Canada's largest miner just placed a $14B bet on Ontario gold.
Agnico Eagle announced a $14B investment in the province by 2030 β one of the largest private-sector mining commitments in modern Ontario history β anchored by expansions at Detour Lake and Upper Beaver, plus new development and exploration spend across the province.
This reinforces exactly why Seva Mining is built where it's built. Ontario now ranks #2 globally in the Fraser Institute survey of mining jurisdictions, and the new "One Project, One Process" framework is targeting permitting timelines of two years or less. Capital, policy, and geology are aligning in the same place at the same time.
For our Cameron Gold Project, the signal is clear. When Canada's largest miner is committing $14B to growth in our backyard, it validates the jurisdiction, deepens the local talent and services ecosystem, and underscores the long-term strategic value of high-quality, district-scale gold assets in Ontario. Cameron sits right in the middle of that story.
Right jurisdiction. Right commodity. Right time.
https://t.co/aGH648iD4c
"My $17,250 gold price (prediction) is as solid as can be... I'm convinced we will see this."
- Pierre Lassonde
The gold bull market has just begun.
Source: @KitcoNewsNOW
Great energy at the 121 Mining Investment Conference in London this week. Our CEO Ranj Pillai and VP of Investor Relations Daniel Baraghoush had the chance to connect with investors from around the world and share the Seva Mining story. Thank you to everyone who booking a meeting β the conversations were excellent and the momentum continues! $SEVA.V
We are pleased to announce that Seva Mining $SEVA.V will be attending the 121 Mining Investment conference in London this May 11β12.
Our leadership team looks forward to engaging with institutional investors, analysts, and industry partners to discuss our latest milestones and the strategic outlook for 2026.
If you are attending and would like to schedule a 1-on-1 meeting, please reach out via the 121 platform or contact our IR team directly.
+1 604-364-8847 | [email protected]
The team is a critical part of our story.
Senior operators who chose to be here. Advisors with track records spanning decades.
Seva $SEVA.V brings together an extraordinary group of individuals to help advance the Cameron Project.
Watch CEO Ranj Pillai's full interview with @davidlin_TV: https://t.co/cP5Mb7d2tI
In 2001, the market called gold "dead money."
@Frank_Giustra took over Wheaton River at a $10M valuation. It became a $50B empire.
Analysts called the Brucejack grades "statistically impossible" in 2012.
Pretium Resources built it anyway. It was sold for $3.5B in 2021.
The majors overlooked Eskay Creek for decades.
Calpine Resources optioned it for $900k in 1988. They found the highest-grade gold in North America.
Freeport-McMoRan management ordered the Grasberg drills to stop in 1988.
The team drilled one more hole anyway. They found the worldβs largest gold reserve.
This is the beauty of the mining industry. A single drill hole, a strategic acquisition, or a new strategy can change everything.
The next discovery is always one move away.
WATCH: Ranj Pillai, CEO of Seva Mining $SEVA.V, joins @davidlin_TV for a terrific conversation. They cover Canada's relationship with gold, what is needed to drive the economy, and the shifting landscape of mining policiesβas well as what Seva Mining is doing and where they are heading!
Thank you, @davidlin_TV, for the excellent discussion.
https://t.co/cP5Mb7d2tI
BREAKING β CENTRAL BANKS bought 244 TONS of gold in Q1, the fastest accumulation pace in over a year, per the World Gold Council. POLAND, UZBEKISTAN, and CHINA led the charge, deliberately exploiting the quarter's sharp price correction to load up.