Gold Miners Expand Drilling Programs as Margins Reach Record Highs November 26, 2025 - Baystreet.ca Issued on behalf of Lake Victoria Gold Ltd. VANCOUVER – Baystreet.ca News Commentary – Gold maintained strength above $4,100 per ounce through late November 2025, cementing its position among the strongest annual performances in four decades[1]. Mining companies are capitalizing on exceptional profit margins, with all-in sustaining costs averaging around $1,600 per ounce translating to record earnings across the sector as producers accelerate drilling campaigns and advance development timelines[2]. Among those positioned to capture value from this elevated pricing environment are Lake Victoria Gold (TSXV: LVG) (OTCQB: LVGLF), IAMGOLD Corporation (NYSE: IAG) (TSX: IMG), NovaGold Resources Inc. (NYSE-American: NG) (TSX: NG), Dakota Gold Corp. (NYSE-American: DC), and Hecla Mining Company (NYSE: HL). Industry analysts project gold miners have surged over 120% year-to-date yet remain fundamentally undervalued relative to the metal itself, with improved capital discipline and stronger balance sheets differentiating this cycle from previous price rallies[2]. The combination of expanding profit margins and persistent geopolitical uncertainty is creating favorable conditions for companies advancing high-grade projects and demonstrating operational excellence, positioning the sector for continued outperformance as institutional investors rotate into mining equities[3]. Lake Victoria Gold (TSXV: LVG) (OTCQB: LVGLF) has released the first analytical results from its ongoing 4,000-meter drill program at Area C, the highest-grade zone (averaging 3.7 g/t) and the Company’s initial planned production area at the fully permitted Imwelo Gold Project in northwestern Tanzania. Assays from the initial five holes prove down-dip extensions of the primary mineralized zone beneath the current open-pit design, with mineralization now pushing to more than 250 meters vertical depth, shattering the historical resource boundary of 200 meters. Additional lodes intersected in both the footwall and hanging wall expand the mineralization footprint and validate the geological model's potential to support a larger open-pit shell and future underground optionality beyond the planned shallow open-pit operation. Management sees the results as a critical validation of Imwelo's development pathway, with LVG President and CEO Marc Cernovitch framing the data as a construction catalyst. "These first results are exactly what we hoped to see as we advance Imwelo toward development," said Cernovitch. "The drilling confirms that the mineralization continues beyond the limits of the current pit design, with additional lodes emerging in both the hanging wall and footwall. With assays now flowing, we expect steady news flow through year-end as we build the geologic and engineering foundation for construction." The program pairs reverse-circulation pre-collars with diamond-core tails, cutting cost and cycle time while delivering high-quality geological, geotechnical, and metallurgical data for final pit design and early mine planning. Five of the planned 24 drill holes have returned assays from the MSA Laboratory in Geita, demonstrating consistent grades and widths that mirror the modeled historical resource and confirm continuity of the main mineralized lodes. Lake Victoria Gold recently mobilized a second drill rig to accelerate the Area C campaign, positioning the company to release a steady stream of assays through year-end as construction decisions approach. The results land as Lake Victoria Gold advances a dual-track strategy at both Imwelo and its Tembo Project, where Barrick Mining's Bulyanhulu operation bankrolls exploration under an Asset Purchase Agreement that locks in LVG's exposure to up to US$45 million in contingent milestone payments, a major asset tied to discoveries on the sold licenses. Recent financing totaling $8 million funds work programs designed to activate the pre-paid forward purchase facility with Monetary Metals, unlocking non-dilutive construction financing. With gold above $4,100 per ounce and critical regulatory milestones locked in, including an agreement in principle with the Government of Tanzania on the statutory 16% free carried interest framework and environmental approval of its Updated Environmental and Social Management Plan, Lake Victoria Gold is driving Imwelo toward first production within 12 months of construction at Tanzania's next emerging gold producer. NOTE: For a Cautionary Note on Production Decision, please see the Disclaimer below. CONTINUED… Read this and more news for Lake Victoria Gold at: https://usanewsgroup.com/2025/04/02/with-funding-commitments-in-place-a-gold-mine-is-being-built-and-this-stock-is-still-under-0-20/ In other industry developments and happenings in the market include: IAMGOLD Corporation (NYSE: IAG) (TSX: IMG) delivered record third quarter performance with attributable gold production of 190,000 ounces and revenues of $706.7 million from sales at an average realized gold price of $3,492 per ounce. The flagship Côté Gold Mine produced a record 106,000 ounces in the quarter, marking the second consecutive quarter averaging over 30,000 ounces per month, while mine-site free cash flow reached a record $292.3 million. "The third quarter of 2025 marks a pivotal moment for IAMGOLD as we continue to deliver on our commitment to operational excellence, financial discipline and responsible growth," said Renaud Adams, President and Chief Executive Officer of IAMGOLD. "Operating costs continue to see pressure in this strong gold price environment, and while it is important to realize the current gold prices today, we understand the importance of implementing diligent cost controls particularly ahead of the next stage of organic growth." The Company has accelerated its debt reduction strategy, repaying $270 million against second lien notes year-to-date and achieving trailing twelve-month EBITDA exceeding $1 billion. With the recent announcement of acquisitions to consolidate the Chibougamau region in Quebec to create the Nelligan Complex, IAMGOLD has further positioned itself as a leading, modern Canadian-focused multi-asset gold mining company. NOVAGOLD RESOURCES INC. (NYSE American: NG) (TSX: NG) announced final assay results from the 2025 Donlin Gold drill program delivering high-grade intercepts across multiple zones, including standout intervals up to 26.22 g/t gold. The Company also achieved two significant permitting milestones with acceptance into the Federal Permitting Improvement Steering Council's FAST-41 program and a favorable ruling from the Alaska Supreme Court affirming both the project's water rights and the Department of Natural Resources' approval of the State ROW lease for the proposed 316-mile natural gas pipeline. "To date, the drilling at Donlin has yielded terrific results," said Greg Lang, NOVAGOLD's President and CEO. "With consistent high-grade intercepts, acceptance into the FAST-41 program, and a decisive legal win in Alaska, Donlin Gold is advancing with remarkable determination." The 2025 drill program was expanded to support the updated resource model and advance the Bankable Feasibility Study, which is expected to commence by the first quarter of 2026. Top intervals from the final set of 2025 assays include 41.09 meters grading 3.06 g/t gold and 21.03 meters grading 4.51 g/t gold, marking an important milestone on the Company's path to a BFS. Dakota Gold Corp. (NYSE American: DC) reported assay results from 26 drill holes completed as part of its ongoing 2025 drilling campaign at the Richmond Hill Oxide Heap Leach Gold Project, including the first assays from expansion drilling in the northeastern corner of the Project. Drilling continues to confirm high-grade gold mineralization in the northern portion of Richmond Hill, with expansion and infill drill holes intersecting significantly higher-grade gold than the average resource grade including 1.75 grams per tonne gold over 19.9 meters and 2.15 g/t Au over 30.0 meters. "The drill results announced today continue to validate the scale and quality of Richmond Hill, which hosts one of the largest undeveloped heap leach gold resources in the United States" said Jack Henris, President and COO of Dakota Gold. "The continuity and pervasive nature of the near surface deposit support a project that is low-cost, long-life, and delivers high-margins, as highlighted in our Initial Assessment with Cash Flow earlier this year." The Company currently has two drills operating on site and expects to complete approximately 27,500 meters of drilling during the 2025 campaign. With metallurgical drilling for the 2025 campaign now complete, Dakota Gold is advancing heap leach column testing and the core drilling remains active in the northeast Project area where additional assay results from expansion and infill of the unconstrained mineralization are expected through the fourth quarter of 2025 and into 2026. Hecla Mining Company (NYSE: HL) announced exploration results from its Midas Project in Nevada, where initial drilling of the previously untested two mile long Pogo Trend has discovered high-grade gold mineralization with visible gold on a new structure. First pass drilling of the Pogo Trend returned 0.95 oz/ton gold and 0.6 oz/ton silver over 2.2 feet, including 6.42 oz/ton gold and 3.5 oz/ton silver over 0.3 feet, from rocks with visible gold in vein fragments, while the Company also discovered the high-grade Sinter Vein across an estimated 750-foot post-mineral fault offset. "The Pogo discovery represents a significant breakthrough at Midas. Finding visible gold in the first drilling of a two-mile surface trend validates our systematic targeting approach in the untested SE Midas area," said Kurt Allen, Vice President of Exploration. "Combined with successfully tracing the Sinter Vein across major faulting, identifying a potential new ore shoot at Bermingham - Keno Hill, and expanding mineralization at Greens Creek, these results demonstrate the quality and consistency of our exploration programs across multiple districts." Exploration success at the Midas gold-silver project is validating the potential to restart operations at significantly lower capital intensity than comparable development projects, given the existing permitted 1,200 tpd mill and permitted tailings storage facility that remains substantially empty. The Company also reported the successful identification of a potential new ore shoot at Keno Hill's Bermingham Deposit with drilling returning 40.4 oz/ton silver over 12.5 feet, expansion of mineralization at Greens Creek, and advancement of Aurora exploration permitting to FAST-41 Transparency status. Article Source: https://usanewsgroup.com/2025/04/02/with-funding-commitments-in-place-a-gold-mine-is-being-built-and-this-stock-is-still-under-0-20/ Baystreet.ca [email protected] (805) 649-0042 DISCLAIMER: Nothing in this publication should be considered as personalized financial advice. We are not licensed under securities laws to address your particular financial situation. No communication by our employees to you should be deemed as personalized financial advice. Please consult a licensed financial advisor before making any investment decision. This is a paid advertisement and is neither an offer nor recommendation to buy or sell any security. We hold no investment licenses and are thus neither licensed nor qualified to provide investment advice. The content in this report or email is not provided to any individual with a view toward their individual circumstances. Baystreet.ca is owned by Baystreet.ca Media Corp. (“BAY”). BAY has been paid a fee for Lake Victoria Gold Ltd. advertising and digital media from a shareholder of the Company (333,333 unrestricted shares). There may be 3rd parties who may have shares of Lake Victoria Gold Ltd., and may liquidate their shares which could have a negative effect on the price of the stock. This compensation constitutes a conflict of interest as to our ability to remain objective in our communication regarding the profiled company. Because of this conflict, individuals are strongly encouraged to not use this publication as the basis for any investment decision. The owner/operator of “BAY” reserve the right to buy and sell, and will buy and sell shares of Lake Victoria Gold Ltd. at any time without any further notice commencing immediately and ongoing. We also expect further compensation as an ongoing digital media effort to increase visibility for the company, no further notice will be given, but let this disclaimer serve as notice that all material, including this article, which is disseminated by BAY has been approved by Lake Victoria Gold Ltd. Technical information relating to Lake Victoria Gold Ltd. has been reviewed and approved by David Scott, Pr. Sci. Nat., a Qualified Person as defined by National Instrument 43-101. Mr. Scott is a registered member of the South African Council for Natural Scientific Professions (SACNASP) and is a Director of Lake Victoria Gold Ltd., and therefore is not independent of the Company; Cautionary Note on Production Decision: The Company cautions that it has not completed a feasibility study on the Imwelo Project that establishes mineral reserves demonstrating economic and technical viability. As a result, there is increased uncertainty and a higher risk of economic and technical failure associated with the Company’s production decision. In particular, there is no certainty that the planned low-capex open-pit operation will be economically viable or that planned production will occur as anticipated. Risks include, but are not limited to, variations in grade and recovery, unexpected geotechnical or metallurgical challenges, cost overruns, funding availability, and operational or permitting risks.; this is a paid advertisement, we currently own shares of Lake Victoria Gold Ltd. and will buy and sell shares of the company in the open market, or through private placements, and/or other investment vehicles. While all information is believed to be reliable, it is not guaranteed by us to be accurate. Individuals should assume that all information contained in our newsletter is not trustworthy unless verified by their own independent research. Also, because events and circumstances frequently do not occur as expected, there will likely be differences between the any predictions and actual results. Always consult a licensed investment professional before making any investment decision. Be extremely careful, investing in securities carries a high degree of risk; you may likely lose some or all of the investment. -- SOURCES CITED: 1. https://markets.financialcontent.com/stocks/article/marketminute-2025-11-25-golds-unprecedented-ascent-a-deep-dive-into-economic-and-geopolitical-drivers 2. https://www.vaneck.com/us/en/blogs/gold-investing/gold-in-2025-a-new-era-of-structural-strength-and-enduring-appeal/ 3. https://markets.financialcontent.com/stocks/article/marketminute-2025-11-25-golds-unprecedented-ascent-a-deep-dive-into-economic-and-geopolitical-drivers
Gold Miners Expand Drilling Programs as Margins Reach Record Highs November 26, 2025 - Baystreet.ca Issued on behalf of Lake Victoria Gold Ltd. VANCOUVER – Baystreet.ca News Commentary – Gold maintained strength above $4,100 per ounce through late November 2025, cementing its position among the strongest annual performances in four decades[1]. Mining companies are capitalizing on exceptional profit margins, with all-in sustaining costs averaging around $1,600 per ounce translating to record earnings across the sector as producers accelerate drilling campaigns and advance development timelines[2]. Among those positioned to capture value from this elevated pricing environment are Lake Victoria Gold (TSXV: LVG) (OTCQB: LVGLF), IAMGOLD Corporation (NYSE: IAG) (TSX: IMG), NovaGold Resources Inc. (NYSE-American: NG) (TSX: NG), Dakota Gold Corp. (NYSE-American: DC), and Hecla Mining Company (NYSE: HL). Industry analysts project gold miners have surged over 120% year-to-date yet remain fundamentally undervalued relative to the metal itself, with improved capital discipline and stronger balance sheets differentiating this cycle from previous price rallies[2]. The combination of expanding profit margins and persistent geopolitical uncertainty is creating favorable conditions for companies advancing high-grade projects and demonstrating operational excellence, positioning the sector for continued outperformance as institutional investors rotate into mining equities[3]. Lake Victoria Gold (TSXV: LVG) (OTCQB: LVGLF) has released the first analytical results from its ongoing 4,000-meter drill program at Area C, the highest-grade zone (averaging 3.7 g/t) and the Company’s initial planned production area at the fully permitted Imwelo Gold Project in northwestern Tanzania. Assays from the initial five holes prove down-dip extensions of the primary mineralized zone beneath the current open-pit design, with mineralization now pushing to more than 250 meters vertical depth, shattering the historical resource boundary of 200 meters. Additional lodes intersected in both the footwall and hanging wall expand the mineralization footprint and validate the geological model's potential to support a larger open-pit shell and future underground optionality beyond the planned shallow open-pit operation. Management sees the results as a critical validation of Imwelo's development pathway, with LVG President and CEO Marc Cernovitch framing the data as a construction catalyst. "These first results are exactly what we hoped to see as we advance Imwelo toward development," said Cernovitch. "The drilling confirms that the mineralization continues beyond the limits of the current pit design, with additional lodes emerging in both the hanging wall and footwall. With assays now flowing, we expect steady news flow through year-end as we build the geologic and engineering foundation for construction." The program pairs reverse-circulation pre-collars with diamond-core tails, cutting cost and cycle time while delivering high-quality geological, geotechnical, and metallurgical data for final pit design and early mine planning. Five of the planned 24 drill holes have returned assays from the MSA Laboratory in Geita, demonstrating consistent grades and widths that mirror the modeled historical resource and confirm continuity of the main mineralized lodes. Lake Victoria Gold recently mobilized a second drill rig to accelerate the Area C campaign, positioning the company to release a steady stream of assays through year-end as construction decisions approach. The results land as Lake Victoria Gold advances a dual-track strategy at both Imwelo and its Tembo Project, where Barrick Mining's Bulyanhulu operation bankrolls exploration under an Asset Purchase Agreement that locks in LVG's exposure to up to US$45 million in contingent milestone payments, a major asset tied to discoveries on the sold licenses. Recent financing totaling $8 million funds work programs designed to activate the pre-paid forward purchase facility with Monetary Metals, unlocking non-dilutive construction financing. With gold above $4,100 per ounce and critical regulatory milestones locked in, including an agreement in principle with the Government of Tanzania on the statutory 16% free carried interest framework and environmental approval of its Updated Environmental and Social Management Plan, Lake Victoria Gold is driving Imwelo toward first production within 12 months of construction at Tanzania's next emerging gold producer. NOTE: For a Cautionary Note on Production Decision, please see the Disclaimer below. CONTINUED… Read this and more news for Lake Victoria Gold at: https://usanewsgroup.com/2025/04/02/with-funding-commitments-in-place-a-gold-mine-is-being-built-and-this-stock-is-still-under-0-20/ In other industry developments and happenings in the market include: IAMGOLD Corporation (NYSE: IAG) (TSX: IMG) delivered record third quarter performance with attributable gold production of 190,000 ounces and revenues of $706.7 million from sales at an average realized gold price of $3,492 per ounce. The flagship Côté Gold Mine produced a record 106,000 ounces in the quarter, marking the second consecutive quarter averaging over 30,000 ounces per month, while mine-site free cash flow reached a record $292.3 million. "The third quarter of 2025 marks a pivotal moment for IAMGOLD as we continue to deliver on our commitment to operational excellence, financial discipline and responsible growth," said Renaud Adams, President and Chief Executive Officer of IAMGOLD. "Operating costs continue to see pressure in this strong gold price environment, and while it is important to realize the current gold prices today, we understand the importance of implementing diligent cost controls particularly ahead of the next stage of organic growth." The Company has accelerated its debt reduction strategy, repaying $270 million against second lien notes year-to-date and achieving trailing twelve-month EBITDA exceeding $1 billion. With the recent announcement of acquisitions to consolidate the Chibougamau region in Quebec to create the Nelligan Complex, IAMGOLD has further positioned itself as a leading, modern Canadian-focused multi-asset gold mining company. NOVAGOLD RESOURCES INC. (NYSE American: NG) (TSX: NG) announced final assay results from the 2025 Donlin Gold drill program delivering high-grade intercepts across multiple zones, including standout intervals up to 26.22 g/t gold. The Company also achieved two significant permitting milestones with acceptance into the Federal Permitting Improvement Steering Council's FAST-41 program and a favorable ruling from the Alaska Supreme Court affirming both the project's water rights and the Department of Natural Resources' approval of the State ROW lease for the proposed 316-mile natural gas pipeline. "To date, the drilling at Donlin has yielded terrific results," said Greg Lang, NOVAGOLD's President and CEO. "With consistent high-grade intercepts, acceptance into the FAST-41 program, and a decisive legal win in Alaska, Donlin Gold is advancing with remarkable determination." The 2025 drill program was expanded to support the updated resource model and advance the Bankable Feasibility Study, which is expected to commence by the first quarter of 2026. Top intervals from the final set of 2025 assays include 41.09 meters grading 3.06 g/t gold and 21.03 meters grading 4.51 g/t gold, marking an important milestone on the Company's path to a BFS. Dakota Gold Corp. (NYSE American: DC) reported assay results from 26 drill holes completed as part of its ongoing 2025 drilling campaign at the Richmond Hill Oxide Heap Leach Gold Project, including the first assays from expansion drilling in the northeastern corner of the Project. Drilling continues to confirm high-grade gold mineralization in the northern portion of Richmond Hill, with expansion and infill drill holes intersecting significantly higher-grade gold than the average resource grade including 1.75 grams per tonne gold over 19.9 meters and 2.15 g/t Au over 30.0 meters. "The drill results announced today continue to validate the scale and quality of Richmond Hill, which hosts one of the largest undeveloped heap leach gold resources in the United States" said Jack Henris, President and COO of Dakota Gold. "The continuity and pervasive nature of the near surface deposit support a project that is low-cost, long-life, and delivers high-margins, as highlighted in our Initial Assessment with Cash Flow earlier this year." The Company currently has two drills operating on site and expects to complete approximately 27,500 meters of drilling during the 2025 campaign. With metallurgical drilling for the 2025 campaign now complete, Dakota Gold is advancing heap leach column testing and the core drilling remains active in the northeast Project area where additional assay results from expansion and infill of the unconstrained mineralization are expected through the fourth quarter of 2025 and into 2026. Hecla Mining Company (NYSE: HL) announced exploration results from its Midas Project in Nevada, where initial drilling of the previously untested two mile long Pogo Trend has discovered high-grade gold mineralization with visible gold on a new structure. First pass drilling of the Pogo Trend returned 0.95 oz/ton gold and 0.6 oz/ton silver over 2.2 feet, including 6.42 oz/ton gold and 3.5 oz/ton silver over 0.3 feet, from rocks with visible gold in vein fragments, while the Company also discovered the high-grade Sinter Vein across an estimated 750-foot post-mineral fault offset. "The Pogo discovery represents a significant breakthrough at Midas. Finding visible gold in the first drilling of a two-mile surface trend validates our systematic targeting approach in the untested SE Midas area," said Kurt Allen, Vice President of Exploration. "Combined with successfully tracing the Sinter Vein across major faulting, identifying a potential new ore shoot at Bermingham - Keno Hill, and expanding mineralization at Greens Creek, these results demonstrate the quality and consistency of our exploration programs across multiple districts." Exploration success at the Midas gold-silver project is validating the potential to restart operations at significantly lower capital intensity than comparable development projects, given the existing permitted 1,200 tpd mill and permitted tailings storage facility that remains substantially empty. The Company also reported the successful identification of a potential new ore shoot at Keno Hill's Bermingham Deposit with drilling returning 40.4 oz/ton silver over 12.5 feet, expansion of mineralization at Greens Creek, and advancement of Aurora exploration permitting to FAST-41 Transparency status. Article Source: https://usanewsgroup.com/2025/04/02/with-funding-commitments-in-place-a-gold-mine-is-being-built-and-this-stock-is-still-under-0-20/ Baystreet.ca [email protected] (805) 649-0042 DISCLAIMER: Nothing in this publication should be considered as personalized financial advice. We are not licensed under securities laws to address your particular financial situation. No communication by our employees to you should be deemed as personalized financial advice. Please consult a licensed financial advisor before making any investment decision. This is a paid advertisement and is neither an offer nor recommendation to buy or sell any security. We hold no investment licenses and are thus neither licensed nor qualified to provide investment advice. The content in this report or email is not provided to any individual with a view toward their individual circumstances. Baystreet.ca is owned by Baystreet.ca Media Corp. (“BAY”). BAY has been paid a fee for Lake Victoria Gold Ltd. advertising and digital media from a shareholder of the Company (333,333 unrestricted shares). There may be 3rd parties who may have shares of Lake Victoria Gold Ltd., and may liquidate their shares which could have a negative effect on the price of the stock. This compensation constitutes a conflict of interest as to our ability to remain objective in our communication regarding the profiled company. Because of this conflict, individuals are strongly encouraged to not use this publication as the basis for any investment decision. The owner/operator of “BAY” reserve the right to buy and sell, and will buy and sell shares of Lake Victoria Gold Ltd. at any time without any further notice commencing immediately and ongoing. We also expect further compensation as an ongoing digital media effort to increase visibility for the company, no further notice will be given, but let this disclaimer serve as notice that all material, including this article, which is disseminated by BAY has been approved by Lake Victoria Gold Ltd. Technical information relating to Lake Victoria Gold Ltd. has been reviewed and approved by David Scott, Pr. Sci. Nat., a Qualified Person as defined by National Instrument 43-101. Mr. Scott is a registered member of the South African Council for Natural Scientific Professions (SACNASP) and is a Director of Lake Victoria Gold Ltd., and therefore is not independent of the Company; Cautionary Note on Production Decision: The Company cautions that it has not completed a feasibility study on the Imwelo Project that establishes mineral reserves demonstrating economic and technical viability. As a result, there is increased uncertainty and a higher risk of economic and technical failure associated with the Company’s production decision. In particular, there is no certainty that the planned low-capex open-pit operation will be economically viable or that planned production will occur as anticipated. Risks include, but are not limited to, variations in grade and recovery, unexpected geotechnical or metallurgical challenges, cost overruns, funding availability, and operational or permitting risks.; this is a paid advertisement, we currently own shares of Lake Victoria Gold Ltd. and will buy and sell shares of the company in the open market, or through private placements, and/or other investment vehicles. While all information is believed to be reliable, it is not guaranteed by us to be accurate. Individuals should assume that all information contained in our newsletter is not trustworthy unless verified by their own independent research. Also, because events and circumstances frequently do not occur as expected, there will likely be differences between the any predictions and actual results. Always consult a licensed investment professional before making any investment decision. Be extremely careful, investing in securities carries a high degree of risk; you may likely lose some or all of the investment. -- SOURCES CITED: 1. https://markets.financialcontent.com/stocks/article/marketminute-2025-11-25-golds-unprecedented-ascent-a-deep-dive-into-economic-and-geopolitical-drivers 2. https://www.vaneck.com/us/en/blogs/gold-investing/gold-in-2025-a-new-era-of-structural-strength-and-enduring-appeal/ 3. https://markets.financialcontent.com/stocks/article/marketminute-2025-11-25-golds-unprecedented-ascent-a-deep-dive-into-economic-and-geopolitical-drivers