Podcasts about agnico eagle

  • 38PODCASTS
  • 205EPISODES
  • 28mAVG DURATION
  • 5WEEKLY NEW EPISODES
  • Feb 24, 2026LATEST

POPULARITY

20192020202120222023202420252026


Best podcasts about agnico eagle

Latest podcast episodes about agnico eagle

CruxCasts
Conference Season Sets Stage for Gold Sector Deal-Making

CruxCasts

Play Episode Listen Later Feb 24, 2026 28:08


Recording date: 16th February 2026Gold mining companies are generating unprecedented levels of free cash flow, with major producers like Agnico Eagle reporting more than $11 million per day in Q4 2024 at an average realized gold price near $4,200 per ounce. With gold prices running approximately $800 per ounce higher in the current quarter, that figure is tracking toward $15 million or more per day - a level that is fundamentally reshaping how companies think about capital allocation.Speaking on the Compass podcast, Samuel Pelaez and Derek Macpherson of Olive Resource Capital argued that this cash flow environment gives producers the rare ability to pursue multiple priorities simultaneously: debt reduction, dividend increases, share buybacks, and acquisitions. That flexibility, they noted, sets the current cycle apart from previous periods in the sector.The discussion comes as the mining industry enters its most active conference season of the year. An institutional-focused gathering in Miami is followed shortly by PDAC in Toronto - the world's largest mining conference - beginning around March 1st. Both events are expected to accelerate M&A discussions, as corporate development teams from major miners hold direct meetings with junior company management. Pelaez and Macpherson suggested that transaction announcements could coincide with or immediately follow PDAC.In the near term, Chinese New Year - which began February 17th - introduces a period of thin liquidity across commodity markets as Chinese exchanges close for the week. The hosts characterized any resulting price volatility as mechanical rather than fundamental, and suggested investors treat sell-offs in stocks they already favor as potential entry points.On the macro side, four factors continue to underpin the commodity bull market: expanding US manufacturing PMIs, resilient employment data, continued global liquidity growth, and a US fiscal deficit of approximately $800 billion - the third largest on record - reinforcing the case for hard assets even as the economy grows.Sign up for Crux Investor: https://cruxinvestor.com

The KE Report
FinEx Metals - Finland Gold Exploration: Ruoppa and Kero Project Exploration Updates

The KE Report

Play Episode Listen Later Feb 23, 2026 12:03


In this company update, we sit down with Brennen Zerb, Vice President of Investor Relations at FinEx Metals (TSX-V: FINX). Brennen provides an in-depth recap of the company's recent activities in Northern Finland, focusing on the maiden drill program at their flagship project and the new exploration licenses in a world-class district. Key Discussion Points Maiden Drill Program at Ruoppa: Brennen recaps the ~2,500-meter program, confirming the presence of a robust gold mineralized system. High-grade highlights included intercepts of 5.79 g/t gold over 0.95 meters and 6 g/t gold over 1 meter, providing clear targets for the upcoming Phase 2 program. Phase 2 Exploration Strategy: A second phase of exploration is planned for Q2 2026, consisting of roughly 1,500 meters of drilling alongside additional geophysical and geochemical work to identify higher-density vein zones. The Caro Project Potential: Discussion on the newly permitted Kero Project, located in the same belt as Agnico Eagle's Kittilä mine and Rupert Resources' Ikkari discovery. Historic work at Kero has already shown high-grade potential, including surface samples up to 25.6 g/t gold.   If you have any follow up questions for Tero please email us. Fleck@kereport.com and Shad@kereport.com.    Click here to visit the FinEx Metals website to learn more about the Company.    --------------------- For more market commentary & interview summaries, subscribe to our Substacks:  The KE Report: https://kereport.substack.com/  Shad's resource market commentary: https://excelsiorprosperity.substack.com/ Investment disclaimer: This content is for informational and educational purposes only and does not constitute investment advice, an offer, or a solicitation to buy or sell any security or investment product. Investing in equities, commodities, really everything involves risk, including the possible loss of principal. Do your own research and consult a licensed financial advisor before making any investment decisions. Guests and hosts may own shares in companies mentioned.

CruxCasts
Maple Gold Mines (TSXV:MGM) - 'Undervalued?' Investment Series, with Kiran Patankar

CruxCasts

Play Episode Listen Later Feb 20, 2026 29:18


Interview with Kiran Patankar, President & CEO of Maple Gold MinesOur previous interview: https://www.cruxinvestor.com/posts/maple-gold-mines-tsxvmgm-meet-the-team-with-kiran-patankar-8973Recording date: 6th February 2026As gold prices surge past $5,000 per ounce, retail investors increasingly question whether opportunities remain in junior mining stocks or if valuations have run too hot. Kiran Patankar, President and CEO of Maple Gold Mines, makes a compelling case that his company represents a significant exception to this concern.Despite delivering 252% returns since completing its corporate reset in August 2025, outperforming peers by more than double, Maple trades at just $29 per ounce of resource. This stands well below the peer group average of $50 per ounce and recent Quebec transaction multiples of $80 per ounce. The discount translates to concrete upside potential, with fair value estimates ranging from $3.56 to $5.43 per share compared to the recent $2.29 trading price.The company's market capitalization of $153 million sits roughly where it stood four years ago, despite gold prices tripling over that period. Patankar argues this reflects value restoration rather than speculative gains, with the company having systematically addressed legacy execution issues while gold appreciation creates additional upside yet to be recognized by the market.A restructured partnership with Agnico Eagle demonstrates the company's strategic positioning. Maple reacquired 100% of its Douay project for zero cost, compared to Agnico's original $10 per ounce acquisition price, while securing $36 million in exploration funding through 2027. This capital supports 100,000 meters of drilling over two years, enabling year-round operations designed to expand the current 3 million ounce resource.Near-term catalysts include imminent drill results and an updated resource estimate expected in the first half of 2026, which management anticipates will show material expansion. Combined with advancing economic studies and strong insider participation in recent financings, Maple presents what Patankar characterizes as a rare undervalued opportunity in an otherwise fully valued sector.View Maple Gold Mines' company profile: https://www.cruxinvestor.com/companies/maple-gold-mines-ltdSign up for Crux Investor: https://cruxinvestor.com

Podcast Minier
#103 ESG, stratégie et impact | Cindy Valence et Francesca Rios, ethos stratégie

Podcast Minier

Play Episode Listen Later Feb 18, 2026 33:12


Dans cet épisode, enregistré lors du congrès Xplor 2025 de l'AEMQ, on plonge au cœur de la stratégie, du développement durable et de la performance ESG (environnement, social et gouvernance) avec Cindy Valence et Francesca Rios, cofondatrices d'ethos stratégie. Comment transformer une démarche ESG en moteur stratégique concret? Qu'est-ce que la double matérialité? Comment éviter le greenwashing et intégrer l'ESG au cœur du modèle d'affaires, que l'on soit société d'exploration minière ou fournisseur? Elles partagent leur expérience terrain, leur vision d'une industrie plus consciente et les clés pour transformer les attentes des parties prenantes en avantage stratégique durable. Un échange concret, accessible et inspirant pour toutes les entreprises qui veulent laisser un héritage positif et performant. Le Podcast Minier est présenté par Agnico Eagle.

Podcast Minier
#102 Les différentes facettes de formation pour le secteur minier | UQAT, CFP Val-d'Or et Cégep AT

Podcast Minier

Play Episode Listen Later Feb 12, 2026 51:09


Dans cet épisode du Podcast Minier, présenté par l'INMQ et Eldorado Gold Québec, on explore les multiples façons d'accéder au secteur minier à travers des parcours professionnels concrets et les options de formation offertes en Abitibi-Témiscamingue. Benoit Plante, Martin Richard et Régis Normand, représentants de l'UQAT, du CFP Val-d'Or et du Cégep de l'Abitibi-Témiscamingue, partagent leur expérience, leur vision et ce que ça signifie, au quotidien, de travailler dans le milieu minier. Destiné aux conseillères et conseillers d'orientation, aux jeunes en réflexion, aux adultes en réorientation de carrière et aux professionnels du secteur, cet échange aborde la formation professionnelle, collégiale et universitaire, tout en touchant à des enjeux bien actuels : diversité, environnement et possibilités d'emploi. Un épisode accessible, ancré dans la réalité et éclairant pour mieux comprendre le secteur minier… et peut-être découvrir qu'une place pourrait être la vôtre. Propulsé par Agnico Eagle

CruxCasts
Market Volatility Opens Door for Mining Mergers as Stock Prices Stabilise

CruxCasts

Play Episode Listen Later Feb 11, 2026 28:49


Recording date: 6th February 2026The precious metals and mining sector experienced notable volatility in early February 2026, but institutional investors view the pullback as a tactical opportunity rather than a fundamental shift in market dynamics. Derek Macpherson, Executive Chairman, and Samuel Pelaez, President and CEO of Olive Resource Capital, characterize the recent correction as a normal return to established trend lines following an extended rally.The turbulence stems from temporary liquidity withdrawal by the Treasury Department and seasonal factors, particularly the Chinese New Year in mid-February, which historically coincides with reduced market participation and liquidity drawdowns. However, key global liquidity risk indicators—including option-adjusted spreads and high yield bond indices—show no systemic concerns. The Treasury Department is expected to provide net liquidity throughout 2026, while March and April historically represent strong months for commodities.Stabilizing valuations have unlocked significant M&A activity after a volatile January rally made share-exchange negotiations impractical. Three transactions highlight evolving sector dynamics:Eldorado Gold surprised markets by acquiring Foran Mining's zinc-copper project at zero premium to the previous Friday close. The move raises strategic questions as the gold-focused producer diversifies into base metals during a strong gold bull market, though the permitted mine expected to produce later in 2026 will boost cash flow.Goldsky Resources completed a transformative acquisition of full control over the Barsele deposit in Sweden from Agnico Eagle, consolidating nearly 2 million ounces. The transaction elevates Goldsky from explorer to tier-one developer with a market capitalization under $1 billion, suggesting substantial re-rating potential.CANEX Metals secured 51.93% of Great Basin Resources through a hostile takeover, positioning the company to transform a 1.5-2 million ounce Arizona asset currently in cease trade. Strong financial backing including Eric Sprott provides capital to address anticipated issues.For investors, the environment favors selective accumulation in quality names and transformation stories with defined catalysts, emphasizing jurisdiction quality, asset scale, and capital access.Sign up for Crux Investor: https://cruxinvestor.com

Proactive - Interviews for investors
Novo Resources upgrades Belltopper target, plans 2026 drilling at Victorian Gold project

Proactive - Interviews for investors

Play Episode Listen Later Feb 11, 2026 7:31


Novo Resources Corp Executive Co-Chairman Mike Spreadborough and Kas De Luca, the company's Exploration General Manager Kas De Luca joined Steve Darling from Proactive to discuss the company's latest exploration target update at its Belltopper gold project in Victoria, highlighting a significant upgrade to the project's potential and outlining plans for renewed drilling in 2026. The Belltopper project is located approximately 60 kilometres south of Agnico Eagle's Fosterville gold mine and lies within the highly prospective Bendigo Tectonic Zone, one of Victoria's most prolific gold-producing regions. De Luca explained that Novo has undertaken an extensive integration of historical datasets, including legacy underground workings, into a comprehensive and detailed 3D geological model to better inform its exploration strategy. “We've captured it all in a really good 3D model, so it really speaks to both the geology and the mineralisation,” De Luca said, noting that the model has significantly improved the company's understanding of the controls on gold mineralisation at Belltopper. As a result of this work, Novo has now defined eight prospective quartz reef systems across the project area, with several reefs extending up to two kilometres along strike at surface. The updated 2026 exploration target outlines a high-case scenario of up to 880,000 ounces of gold at an average grade of 8.9 grams per tonne, representing a 48% increase compared with the previous exploration model. Spreadborough said the upgraded exploration target and improved geological confidence have positioned the company to advance the project toward the next phase. Novo is now seeking the necessary approvals and is planning to recommence drilling in the third quarter of 2026. “We're planning to go back drilling starting in July and continue through the rest of the year,” Spreadborough said, adding that the upcoming program is designed to test the most prospective reefs identified by the updated model and further unlock the project's discovery potential. #proactiveinvestors #novoresources #asx #nvo #tsx #nvo #otcqb #nsrpf #NovoResources #BelltopperProject #VictoriaGold #GoldExploration #BendigoTectonicZone #QuartzReef #3DGeology #MiningExploration #Drilling2026 #GoldMineralisation #HighGradeGold #ResourceUpgrade #PreciousMetals #AustralianMining #FutureMines

CruxCasts
Li-FT Power (TSXV:LIFT) – Consolidating a Tier-One Lithium Asset as the Next Bull Cycle Begins

CruxCasts

Play Episode Listen Later Feb 9, 2026 26:29


Interview with Francis Macdonald, Director & CEO of Li-FT Power Ltd.Our previous interview: https://www.cruxinvestor.com/posts/li-ft-power-tsxvlift-commits-7m-to-environmental-studies-for-50m-ton-lithium-project-7632Recording date: 6th February 2026Li-FT Power (TSXV:LIFT) has positioned itself at the forefront of North America's lithium sector through strategic consolidation, executing its acquisition of Winsome's Adina project as spodumene prices rebound from a 2.5-year downturn. CEO Francis MacDonald reports lithium prices have tripled from $600 per ton in July 2025 to nearly $2,000 per ton, signaling what the company believes is the early stage of an 18-24 month bull cycle.The Adina transaction addresses a critical development constraint that had artificially limited the project's potential. A claim boundary bisected the deposit, preventing Winsome from optimizing pit design across its 78 million ton resource estimate—only 35 million tons could be incorporated into preliminary mine plans. Li-FT Power had strategically acquired the southern claims before announcing the transaction, enabling complete consolidation that MacDonald expects will unlock 80-100+ million tons of resource, positioning Adina among North America's largest hard rock lithium deposits.The transaction was announced alongside $48 million in financing led by Avenir Minerals, a wholly-owned subsidiary of Agnico Eagle, at $4.30 per share—a price that subsequently doubled to over $9 as lithium sentiment strengthened. Combined with existing equity positions, the company now holds approximately $75 million to fund aggressive 2026-2027 technical programs across both its Adina and Yellowknife flagship projects.MacDonald emphasizes the importance of cyclical timing, noting that strategic acquisitions should occur during market downturns when valuations are depressed. "We saw prices starting to fall in January of 2023. And so, it was really a falling or a flat price environment for 2.5 years," he explains, adding that volatility becomes advantageous when positioned correctly within the cycle.The company plans 50,000 meters of drilling at Adina in 2026 to support a feasibility study targeted for 2027, while concurrent drilling at Yellowknife aims to expand its existing 50 million ton resource base. At the anticipated 80-100 million ton scale, MacDonald argues Adina could justify throughput rates of 4-5 million tons per year, significantly larger than typical 2 million ton per year lithium operations and improving project economics through economies of scale.View Li-FT Power's company profile: https://www.cruxinvestor.com/companies/li-ft-power-ltdSign up for Crux Investor: https://cruxinvestor.com

CruxCasts
Understanding the January Precious Metals Shakeout: Technical vs. Fundamental

CruxCasts

Play Episode Listen Later Feb 5, 2026 22:00


Recording date: 3rd February 2026Olive Resource Capital executives Derek Macpherson and Samuel Pelaez discussed the sharp correction in precious metals markets during their February 2nd investor update, providing context for the volatility and outlining their investment strategy moving forward.Gold and silver experienced significant declines on January 30th, falling 9% and 26% respectively, effectively erasing approximately two weeks of gains. Despite this sharp correction, both metals remained positive for the month, with January ranking as the fifth-best performing month for gold since the December 2015 market bottom. The fund itself posted a 12% gain for January despite the month-end selloff.The managers characterized the correction as technical rather than fundamental, noting that key systemic risk indicators remained stable throughout the volatility. High-yield credit spreads, option-adjusted bond spreads, and overnight repo rates showed no signs of financial stress, leading them to conclude that "the plumbing of the system is working fine." They attributed the selloff to a large institutional participant unwinding positions, possibly ahead of month-end requirements, rather than any deterioration in underlying market fundamentals.Looking ahead, the managers identified upcoming fourth-quarter earnings reports from major gold producers as a significant catalyst. Beginning with Agnico Eagle on February 12th, these reports should showcase exceptional cash flow generation, with gold prices averaging $700 per ounce higher than the previous quarter. The expected announcements of dividend increases, share buybacks, and debt reduction should support equity valuations.The fund maintains heavy precious metals exposure while gradually rotating toward industrial commodities and base metals. This strategy reflects their thesis that monetary policy-driven gains in precious metals will broaden to include industrial commodities as fiscal stimulus reaches the real economy. The managers remain confident in the commodity bull market thesis, viewing the recent correction as a tactical pause rather than a trend reversal.Sign up for Crux Investor: https://cruxinvestor.com

CruxCasts
Western Nickel Projects Gain Momentum as Supply Dynamics Improve

CruxCasts

Play Episode Listen Later Feb 4, 2026 35:26


Interview withAndrew Penkethman, MD & CEO of Ardea Resources Ltd.Mark Selby, CEO of Canada NickelRecording date: 2nd February 2026The global nickel market is undergoing a fundamental transformation that is creating investment opportunities in Western-controlled supply chains. Andrew Penkethman, CEO of Ardea Resources, and Mark Selby, CEO of Canada Nickel, recently discussed how their large-scale projects in Australia and Canada are positioned to capitalise on this shift.After two challenging years dominated by Indonesian supply flooding global markets, the landscape is changing. Since December 2025, nickel prices have risen approximately $4,500 per ton as Indonesia transitions from overwhelming production to active supply management. Selby characterises Indonesia as "an OPEC of one country," now implementing quota controls rather than unrestricted output. Price increases across the entire supply chain—from ore to nickel pig iron to stainless steel—indicate genuine market tightness rather than temporary speculation.Both executives emphasise a critical distinction between their new development projects and the aging operations that closed in 2024. Legacy assets from BHP and First Quantum represent 30-year-old mines with declining grades, increasing costs, and years of underinvestment. In contrast, Ardea's Goongarrie Hub and Canada Nickel's Crawford project offer fresh economics with 30-50+ year mine lives, substantial resources, and modern processing capabilities that position them favourably on the cost curve.Strategic validation has arrived through significant partnerships. Ardea secured $98.5 million in definitive feasibility study funding from Sumitomo Metal Mining and Mitsubishi Corporation, whilst Canada Nickel attracted Anglo American, Agnico Eagle, and Samsung SDI as investors. These experienced institutions seek long-term supply arrangements spanning decades, not speculative positions.Government support is accelerating development timelines. Both projects have received major project status enabling streamlined permitting and access to sovereign wealth fund financing. Canada's Prime Minister Mark Carney personally promotes the Crawford project to Middle Eastern investors, whilst Australia develops an "investor front door" program for critical minerals projects.The investment thesis extends beyond electric vehicles into broader critical minerals security. Chinese interests control approximately 80% of refined nickel supply, creating strategic vulnerabilities that Western governments address through supply chain diversification initiatives. With defence spending increasing globally and only a handful of quality nickel projects advancing worldwide, both companies expect construction decisions in 2026-2027.Sign up for Crux Investor: https://cruxinvestor.com

Podcast Minier
#101 Comment se construit une future mine tournée vers l'avenir | Dumont Nickel

Podcast Minier

Play Episode Listen Later Feb 4, 2026 33:14


Dans cet épisode du Podcast Minier, présenté par Charl-Pol, on vous propose une immersion captivante au cœur du projet Dumont Nickel, l'un des projets miniers les plus structurants actuellement en développement au Québec. En direct du colloque de l'INMQ, Manon Rouillier reçoit Mathieu Labarre et Marc Hénault pour une discussion authentique sur la réalité derrière la création d'une mine moderne. On y explore les étapes clés d'un projet en phase de développement, les enjeux liés à l'ingénierie, à l'obtention des permis, à l'énergie et à l'acceptabilité, ainsi que les défis technologiques d'une mine à ciel ouvert tournée vers l'avenir. L'épisode aborde aussi l'évolution des métiers miniers, la place grandissante de la donnée, de l'automatisation et de l'intelligence artificielle, sans oublier les importantes retombées humaines et économiques pour la région. Une conversation riche, accessible et inspirante qui met en lumière la transformation de l'industrie minière et les compétences qui façonneront la relève de demain. Propulsé par Agnico Eagle

The KE Report
Craig Hemke - Precious Metals Bloodbath or Buying Opportunity?

The KE Report

Play Episode Listen Later Feb 2, 2026 24:11


In this daily editorial, we are joined by Craig Hemke, Founder and Editor of the TF Metals Report, to dissect one of the most volatile periods in recent precious metals history. Following a historic Friday sell-off that saw silver drop over $30 in a single day, Craig shares his perspective on whether this is the end of the bull run or a standard - albeit violent - consolidation phase. Analyzing the Friday Flush: Craig discusses the "mind-blowing" price action in silver and gold, noting that despite the record-breaking one-day drop, silver still managed to end the month in positive territory. The "Warsh" Factor and Fed Speculation: We evaluate the market's reaction to the nomination of Kevin Warsh for the Federal Reserve, questioning the narrative that a "hawkish" Fed shift is the true driver behind the metals' decline. Technical Gaps and Institutional Maneuvers: The discussion covers the filling of technical gaps in the GDX and the impact of month-end profit taking, option expirations, and delivery cycles on the Comex. Mining Stock Valuations vs. Metal Prices: Craig explains why the fundamental outlook for producers like Agnico Eagle, Newmont, and Kinross remains incredibly strong as they move into a quarter with significantly higher average selling prices. Long-term Conviction vs. Short-term Volatility: A look at the difference between trading momentum and long-term investing in a system where the dollar continues to lose value against the "stable unit" of gold.   Click here to visit Craig's website - TF Metals Report - https://www.tfmetalsreport.com/   --------------------- For more market commentary & interview summaries, subscribe to our Substacks:  The KE Report: https://kereport.substack.com/  Shad's resource market commentary: https://excelsiorprosperity.substack.com/ Investment disclaimer: This content is for informational and educational purposes only and does not constitute investment advice, an offer, or a solicitation to buy or sell any security or investment product. Investing in equities, commodities, really everything involves risk, including the possible loss of principal. Do your own research and consult a licensed financial advisor before making any investment decisions. Guests and hosts may own shares in companies mentioned.

Bloor Street Capital - Making Money With Minerals
Agnico: The World's Second Largest Gold Producer | Jamie Porter and Jimmy Connor

Bloor Street Capital - Making Money With Minerals

Play Episode Listen Later Jan 29, 2026 26:43


*Bloor Street Capital Inc. was paid a fee for producing this event. Bloor Street Capital Inc. and its affiliates may or may not hold investments in companies discussed or interviewed. Agnico Eagle is Canada's largest mining company and is the second largest gold producer in the world with 11 mines in 4 countries. To learn more https://www.agnicoeagle.com/French/overview/default.aspxGain More Insights On: Listen on Spotify When You're Pretending to Workout: https://open.spotify.com/show/33A8EgAk8PnrECoywJ8rYj?si=xHYlCz2zTkKaKw2Aq1fZ7QListen on Apple When You're Driving: https://creators.spotify.com/pod/profile/james-connor1Can't Get Enough of Jimmy Follow On:LinkedIn: https://www.linkedin.com/in/jimmyconnorofficial/X (@jamesconnor1999): https://x.com/JamesConnor1999X (@BloorStreetCap): https://x.com/BloorStreetCap*For business inquires including any potential acting gigs in Hollywood Blockbusters, please reach out at info@bloorstreetcapital.com*This video/interview is not financial advice. This channel, Bloor Street Capital, is not responsible for the performance of its guests, sponsors or affiliates. WAIVER & DISCLAIMERIf you register for this webinar/interview you agree to the following: This webinar is provided for information purposes only. All opinions expressed by the individuals in this webinar/interview are solely the individuals' opinions and neither reflect the opinions, nor are made on behalf of, Bloor Street Capital Inc. Presenters will not be providing legal or financial advice to any webinar participants or any person watching a recorded version of the webinar. The investing ideas and strategies discussed on this webinar/interview are not recommendations to buy or sell any security and are not intended to provide any investment advise of any kind, but are made available solely for educational and informational purposes. Investments or strategies mentioned in this webinar/interview may not be suitable for your particular investment objectives, financial situation, or needs. You should be aware of the real risk of loss in following any investment strategy discussed in this webinar/interview. All webinar participants or viewers of a recorded version of this webinar should obtain independent legal and financial advice. All webinar participants accept and grant permission to Bloor Street Capital Inc. and its representatives in connection with such recording. The information contained in this webinar/interview is current as of January, 2026 the date of this webinar/interview, unless otherwise indicated, and is provided for information purposes only. Bloor Street Capital Inc. was paid a fee for this interview.

Podcast Minier
#100 Dans les coulisses du podcast minier avec Manon Rouillier | Rouillier

Podcast Minier

Play Episode Listen Later Jan 28, 2026 49:09


C'est le 100e épisode du Podcast Minier. Et pour marquer le coup, les rôles s'inversent : cette fois, c'est Manon Rouillier qui se fait interviewer. À travers une conversation franche avec Olivier Grondin de Agnico Eagle et Mathieu Savard de Corporation Aurifère Vior inc., Manon revient sur son parcours : de son enfance bercée par les radios de forage, à la création de son agence, puis du podcast qui donne une voix à toute une industrie. Elle partage les moments-clés qui l'ont menée à redéfinir la communication dans le secteur minier, son engagement pour l'équité, les doutes de l'entrepreneuriat… et la passion qui alimente chaque épisode. C'est un regard rare et intime sur la personne derrière le micro, et sur l'impact réel que peut avoir une initiative comme le Podcast Minier.

CruxCasts
Cartier Resources (TSXV:ECR) - Market Economics Fuel 250,000m Drilling Campaign

CruxCasts

Play Episode Listen Later Jan 21, 2026 40:40


Interview with Philippe Cloutier, President & CEO of Cartier Resources Inc.Our previous interview: https://www.cruxinvestor.com/posts/cartier-resources-tsxvecr-agnico-backed-junior-targets-mining-camp-scale-gold-discovery-8319Recording date: 19th January 2026Cartier Resources represents a compelling investment opportunity in Canadian gold exploration, combining exceptional drilling economics, strategic backing from Agnico Eagle Mines, and systematic execution of a mining camp-scale discovery programme across 15 kilometres of Quebec's prolific Cadillac Fault.The investment thesis centres on resource growth from the current 3.2 million ounce baseline at the flagship Chimo Mine toward 4-5 million ounces by year-end 2026, with longer-term potential for 12-15 million ounces across multiple deposits. Independent consultants have formally identified exploration targets for an additional 1.1 million ounces achievable through disciplined drilling, validating management's systematic approach to proving up a mining camp rather than a single-asset development story.Cartier's operational advantages stem directly from location within Val-d'Or's established mining infrastructure. The company has secured all-in drilling costs of C$105-110 per metre—from site preparation through assay results to press release—representing exceptional value in the current inflationary environment. This cost structure enables an aggressive 250,000-metre programme with two rigs currently operating 24/7 and plans to deploy four to six additional rigs, matching in one year the total drilling accomplished over the previous decade.Strategic validation from Agnico Eagle, which holds a 27% stake acquired through its O3 Mining purchase, provides both financial support and technical credibility. Monthly technical committee meetings enable rapid reallocation of drilling resources based on emerging results, whilst Agnico's involvement significantly enhances Cartier's profile amongst institutional investors who view major mining company participation at the exploration stage as validation of project quality and future acquisition potential.The company has initiated critical de-risking studies that progressively enhance project economics. Independent metallurgical testwork targets 96-97% gold recovery rates versus historic 93% recoveries, whilst evaluating toll-milling opportunities at four different processing facilities within 60 kilometres. Establishing toll-milling arrangements could reduce capital expenditure by approximately C$120 million by eliminating dedicated mill construction requirements. Environmental baseline studies and a preliminary economic assessment scheduled for 2026 delivery provide the technical foundation for various development scenarios.Cartier's recent surpassing of C$100 million market capitalisation represented a critical threshold that unlocked institutional investor access previously unavailable. The company has traded over 80 million shares since July 2025, representing complete shareholder base rotation toward sophisticated investors with longer time horizons and larger position sizes. This evolution provides improved liquidity, reduced volatility, and establishes the foundation for additional institutional participation as exploration objectives are achieved.Management has demonstrated disciplined capital allocation by optioning three non-core Windfall District projects to Exploits Discovery for C$2 million cash, nearly 10 million shares, and retained royalties whilst maintaining singular focus on the Cadillac Project. Integration of AI-driven targeting methodologies has already validated discoveries like the Contact zone, accelerating exploration timelines by six to eight months compared to traditional approaches.With C$10 million in treasury supporting aggressive drilling without near-term dilution, gold prices sustained above US$4,600 per ounce dramatically improving project economics, and multiple catalysts including ongoing drill results, metallurgical studies, and year-end PEA delivery, Cartier offers substantial upside leverage at current valuations. The company trades at significant discount to peers with comparable resource bases despite superior jurisdictional advantages, strategic backing, and cost structure. For investors seeking exposure to Abitibi gold discovery potential with clearly defined catalysts and multiple value realisation pathways, Cartier Resources represents a compelling core holding within precious metals portfolios during a critical value inflection period.View Cartier Resources' company profile: https://www.cruxinvestor.com/companies/cartier-resources-incSign up for Crux Investor: https://cruxinvestor.com

Podcast Minier
#99 Étudier en génie des mines : réalités, stages et perspectives | Polytechnique de Montréal

Podcast Minier

Play Episode Listen Later Jan 21, 2026 26:56


Cet épisode est un must pour les étudiants, les parents, les conseillers d'orientation… et tous ceux qui veulent mieux comprendre les enjeux (et les opportunités !) du secteur minier moderne. Présenté par l'INMQ, enregistré à Polytechnique Montréal, Manon Rouillier reçoit Carlos Ovaille, professeur en génie des mines, et Amelia Parisel, étudiante en 3ᵉ année, pour une discussion passionnante sur la nouvelle génération d'ingénieurs miniers. De la géotechnique à l'environnement, en passant par les stages terrains et les défis du fly-in fly-out, cet épisode explore les coulisses de la formation minière et la réalité du terrain. On y parle aussi de perceptions du public, de parité femmes-hommes, de coopération Polytechnique-McGill, et de l'importance de l'éthique environnementale dans l'enseignement. **Le podcast est propulsé par Agnico Eagle.

pr perspectives stages mines alit polytechnique polytechnique montr agnico eagle
CruxCasts
Canada Nickel (TSXV:CNC) - Government Fast-Track Targets 2026 Construction Decision for Crawford

CruxCasts

Play Episode Listen Later Jan 16, 2026 25:22


Interview with Mark Selby, CEO of Canada NickelOur previous interview:  https://www.cruxinvestor.com/posts/canada-nickel-tsxvcnc-major-projects-office-fast-tracks-crawford-build-8552Recording date: 14th January 2026Canada Nickel has achieved critical milestones positioning its Crawford nickel sulfide project for a construction decision by year-end 2026, securing both federal Major Projects Office designation in November 2025 and Ontario's "one project, one process" fast-track permitting status on January 13, 2026. These designations reflect coordinated government commitment to establishing domestic critical mineral supply chains independent of Chinese influence.The company has transformed the Timmins region into the world's largest nickel sulfide district, expanding from two resources at year-end 2024 to eight separate resources totaling over 20 million tons of contained nickel. The recently announced Reid deposit demonstrates superior economics with half Crawford's strip ratio, one-third less overburden, and 15% chromium content. CEO Mark Selby indicated the company has identified three to four additional deposits potentially offering higher value than the flagship Crawford project.Strategic validation comes from a diversified investor base including Anglo American, Agnico Eagle, Samsung SDI, and Taykwa Tagamou Nation, which invested $20 million directly. This cornerstone group spans major mining operators, battery supply chain participants, and Indigenous partners, demonstrating confidence across the value chain.Canada Nickel's downstream processing strategy targets 70-90 cent per pound North American premiums by converting concentrate into products for stainless steel and battery markets. This approach aligns with government priorities around value-added manufacturing while capturing sustained regional pricing advantages. The company has completed front-end engineering design with Hatch, moving beyond standard feasibility-level work to reduce execution risk.The 2026 timeline includes federal permit approval by mid-year, initial government funding announcements in Q1, and financing package completion by Q3. Ontario Minister Stephen Lecce publicly committed to "go full tilt to unlock one of the world's largest nickel deposits," representing invested political capital that reduces regulatory uncertainty. Combined with first-quartile cost positioning from iron and chromium byproducts, existing infrastructure, and an experienced local workforce, Crawford represents Canada's tactical execution of critical mineral supply chain independence.View Canada Nickel's company profile: https://www.cruxinvestor.com/companies/canada-nickelSign up for Crux Investor: https://cruxinvestor.com

The KE Report
Erik Wetterling – Value Proposition Updates In Amex Exploration, First Nordic Metals, and Firefox Gold

The KE Report

Play Episode Listen Later Dec 19, 2025 17:57


[Recorded December 17th, 2025]:  Erik Wetterling, Founder and Editor of The Hedgeless Horseman website, joins me to update us on the value proposition he see in 3 gold exploration stocks, based around recent press releases and milestones.   He sees this newsflow and fundamental catalysts as much more relevant for any changes to the company's valuation (either up or down), rather than the improving sentiment within the backdrop of rising underlying precious metals price environment.      The companies we discuss in this interview are:     Amex Exploration Inc. (TSXV: AMX) (FSE: MX0) (OTCQX: AMXEF) – On December 16th announced the closing of its acquisition of a 100% undivided interest in the 324 non-contiguous mining claims comprising 8,392.92 hectares in the Abbotsford and Hepburn Townships in the province of Ontario. These adjacent Abbotsford and Hepburn Projects will compliment their land concessions at their flagship Perron Gold Project in Quebec. Additionally, on December 17th, Eric Sprott announced that, 2176423 Ontario Ltd., a corporation beneficially owned by him, sold 14,868,200 common shares of Amex Exploration Inc., through a private agreement, at $4.00 per Share for total consideration of $59,472,800.   On the same day, Eldorado Gold Corporation (TSX: ELD) (NYSE: EGO) acquired ownership of 14,868,200 common shares of Amex Exploration Inc. at a price per Share of C$4.00, for total consideration of C$59,472,800, pursuant to a private agreement with a third party (which were Eric Sprott's shares).      First Nordic Metals Corp. (TSXV: FNM) (FNSE: FNMC SDB) (OTCQX: FNMCF) and Mawson Finland Limited (TSXV: MFL) (FRA: PM6) – On Dec. 16, 2025 announced the successful closing of the previously announced acquisition by First Nordic of all of the issued and outstanding common shares of Mawson by way of a court-approved plan of arrangement. The Transaction consolidates a large and prospective gold development and exploration portfolio in Sweden and Finland, including First Nordic's Barsele Project, a joint venture with Agnico Eagle Mines Limited and its Gold Line Belt projects in northern Sweden and Oijärvi Project in Finland, and Mawson's Rajapalot Project and surrounding Rompas-Rajapalot Property in northern Finland. In connection with the Transaction, the Company will change its name to Goldsky Resources Corp., subject to receipt of the approval of the TSX Venture Exchange.     FireFox Gold Corp. (TSX.V:FFOX) (OTCQB:FFOXF) – On December 8, 2025 reported results from an additional four holes of its 2025/26 diamond drilling program at the Company's 100%-held Mustajärvi Gold Project in Lapland, Finland. Drill hole 25MJ005 is among the best holes yet drilled on the property, extending both shallow and deeper high-grade gold zones well to the west from previous drilling at the East Zone.    We went on to speculate on how Agnico Eagle may be willing to negotiate turning over their JV interest on  Barsele in Sweden with First Nordic, to focus on a regional consolidation in Finland of Firefox, Rupert, and Aurion into a district camp.   Agnico already has a strategic position in both Rupert and Firefox.   * In full disclosure, the companies mentioned by Erik in this interview, are positions held in his personal portfolio, and also may be site sponsors of The Hedgeless Horseman website at the time of this recording.   Click here to visit Erik's site – The Hedgeless Horseman   Investment disclaimer: This content is for informational and educational purposes only and does not constitute investment advice, an offer, or a solicitation to buy or sell any security. Investing in equities and commodities involves risk, including the possible loss of principal. Do your own research and consult a licensed financial advisor before making any investment decisions. Guests and hosts may own shares in companies mentioned.     For more market commentary & interview summaries, subscribe to our Substacks:   The KE Report: https://kereport.substack.com/ Shad's resource market commentary: https://excelsiorprosperity.substack.com/  

CruxCasts
From Gold Profits to Oil Equities: The Next Contrarian Setup? | Compass

CruxCasts

Play Episode Listen Later Dec 12, 2025 36:24


Recording date: 10th December 2025Olive Resource Capital's November 2025 portfolio performance—reaching year-to-date highs despite October's commodity market volatility—demonstrates the strategic value of disciplined gold position management within diversified resource portfolios. Whilst the firm identifies compelling contrarian opportunities in oil equities trading at generational lows, their analysis paradoxically reinforces gold's foundational importance through quantitative validation and macro context.The most striking evidence emerges from commodity ratio analysis. The oil-to-gold ratio currently sits at 20% of its 25-year historical average, representing an extraordinary dislocation that simultaneously confirms oil's severe undervaluation and validates gold's exceptional relative strength. This 500% premium to historical norms reflects fundamental repricing within commodity markets, with gold demonstrating superior pricing power amidst coordinated global liquidity expansion.Executive Chairman Derek McPherson and President & CEO Samuel Pelaez articulated the macro framework supporting hard asset valuations: persistent deficit spending across the United States, China, Canada, and European nations creates monetary conditions under which gold has historically thrived. "There is tons of liquidity coming and so your hard assets which oil is one of are going to be economic at least economic stability if not economic growth," McPherson explained, referencing macroeconomist Lyn Alden's observation that debt-financed economic support creates inexorable momentum favouring tangible assets over financial claims.China's commodity accumulation behaviour provides instructive parallels. The nation's documented gold reserve building during 2022-2024 contributed significantly to gold's rally from $1,800 to over $4,000 per ounce. Now applying similar logic to crude oil—stockpiling 700,000 barrels daily beyond refining needs—China demonstrates sovereign recognition of strategic hard asset acquisition during relative weakness. This pattern validates gold's completed appreciation cycle whilst identifying emerging opportunities in complementary commodities.Olive Resource Capital's tactical approach exemplifies professional position management. The team trimmed gold exposure during September 2025's strength, capturing profits whilst maintaining strategic core holdings, then added positions during October-November weakness at improved valuations. "We've actually been adding positions and effectively reducing our cash balance," McPherson confirmed, describing deployment across selective gold equities alongside exploratory oil positions.This disciplined rebalancing contrasts sharply with wholesale rotation between commodity sectors. Gold maintains permanent strategic importance through unique characteristics: portfolio insurance properties, liquidity during market stress, and systematic sensitivity to monetary conditions. Whilst cyclical opportunities in energy or base metals may offer superior near-term returns, gold provides stability and appreciation independent of specific economic outcomes.The investment framework applies across commodity cycles. Pelaez referenced Agnico Eagle's 20-30x return from 2015-2025, demonstrating rewards from acquiring premier assets during sector pessimism. "You can buy top of class best management best run companies and you still stand an opportunity to make multiples on your money," he observed regarding current oil valuations—a principle equally applicable to quality gold producers offering continued leverage to further monetary metal appreciation.For sophisticated investors, gold's role transcends cyclical trading. The monetary environment—coordinated deficit spending, currency debasement, sovereign reserve diversification—creates conditions for sustained appreciation whilst maintaining portfolio foundation that enables tactical exploration of complementary opportunities. The lesson from Olive Resource Capital proves clear: gold serves as strategic anchor whilst other commodity sectors rotate through relative value cycles.Learn more: https://cruxinvestor.comSign up for Crux Investor: https://cruxinvestor.com

CruxCasts
Abcourt Mines (TSXV:ABI) - Cash Flow in Sight With Sleeping Giant Ramp + Flordin Drills

CruxCasts

Play Episode Listen Later Dec 5, 2025 26:35


Interview with Pascal Hamelin, President & CEO of Abcourt Mines Inc.Our previous interview: https://www.cruxinvestor.com/posts/abcourt-mines-tsxvabi-new-quebec-producer-positioned-for-growth-cash-flow-buybacks-8051Recording date: 3rd December 2025Abcourt Mines (TSXV:ABI) has successfully transitioned from exploration to production at its Sleeping Giant mine in Quebec, representing an increasingly rare case study in debt-financed mine development that avoids the severe shareholder dilution typical of traditional equity-financed builds. The company secured $12 million in financing from Nebari—including C$8 million initial tranche, $2 million follow-on, and $2 million used to buy down the Triple Flag NSR royalty from 2% to 1.5%—and commenced gold production.October 2025 production reached 475 ounces whilst operating at conservative staffing levels and building mill circuit inventory. Management projects cash flow positivity by Q2 2026 at approximately 700 ounces monthly production, with current monthly burn rate below $1 million. The Nebari credit facility includes a two-year interest-only period until July 2027, providing critical runway to demonstrate operational consistency and build cash reserves before principal repayments commence.The operational leverage inherent in Abcourt's asset base is substantial. The company operates an 800-tonne-per-day mill (permitted for 950 tonnes per day) currently running at less than 45% capacity. Management targets 350 tonnes per day by autumn 2025, with the mill processing all current mine production in approximately eight hours on day shift only. Plans include expanding to two shifts in early 2026 and eventually four shifts as production scales, providing a clear pathway to meaningful production growth without major capital investment.The constraint on production growth is labour availability rather than geological or metallurgical factors. CEO Pascal Hamelin explicitly stated: "It's not the feed, it's the people, that's the problem you're trying to solve for." The company has invested in infrastructure to address recruitment challenges, including a sleep camp commissioned in September 2024 with Phase Two expansion pending permit approval.The current mine plan supports seven years producing 25,000–33,000 ounces annually, with variation driven by grade. Management's strategic priority centres on extending mine life to 10+ years through three underground drill rigs at Sleeping Giant, then increasing mining fronts to utilise full mill capacity. This narrow-vein, high-grade mining approach—room-and-pillar methods targeting veins 30 centimetres to one metre wide—inherently limits tonnes but maximises grade, with underground samples showing visible gold exceeding 300 g/t.The Flordin discovery adds significant exploration upside. Systematic work exposed 300 metres of strike length grading 5 g/t gold over 15–20 metres width at surface, located 138 kilometres from existing mill infrastructure within a potential two-kilometre mineralised corridor. Abcourt has planned 20,000 metres of drilling for 2026—winter programmes targeting the eastern extension towards Agnico Eagle's adjacent property boundary, spring/summer/autumn programmes targeting northwestern extensions—entirely funded from operating cash flow.Management and directors hold approximately 30% ownership, having consistently supported development through equity investments. Shareholders have expressed preference for share buybacks over dividends once balance sheet permits, with capital allocation decisions driven by financial strength rather than arbitrary timelines.Sustained gold prices above US$4,000 per ounce have fundamentally improved narrow-vein deposit economics. Every US$100 increase translates to approximately US$2.5–3.3 million in additional annual revenue at current production guidance. The investment case depends on execution during the 18-month ramp-up period, successful miner recruitment, and drilling success at both assets to extend mine life and confirm district-scale potential at Flordin.View Abcourt Mines' company profile: https://www.cruxinvestor.com/companies/abcourt-mines-incSign up for Crux Investor: https://cruxinvestor.com

CruxCasts
Wallbridge Mining (TSX:WM)- Gold Explorer Targets 2M Resource Size by 2027 With Fresh Funding

CruxCasts

Play Episode Listen Later Dec 3, 2025 21:38


Interview with Brian William Penny, CEO of Wallbridge MiningOur previous interview: https://www.cruxinvestor.com/posts/wallbridge-mining-wm-updated-resource-will-delight-market-2169Recording date: 27th November 2025Wallbridge Mining is navigating challenging junior gold markets through a strategic two-asset approach in Quebec's Abitibi region under CEO Brian Penny, a mining finance veteran with three decades at Kinross, Western Goldfields, and New Gold . The company controls over 600 square kilometers of prospective ground and has secured financial runway through Q1 2027 following a $15 million equity financing and $8 million from selling its Detour East property to Agnico Eagle .The company's strategy prioritizes near-term value creation at Martinière while maintaining long-term optionality at the advanced-stage Fenelon deposit . Martinière has emerged as the primary catalyst, with 2025 drilling extending mineralization from 400 meters to 800 meters depth across a 2-kilometer strike length . Recent intercepts included 50 grams per tonne over 1.7 meters, with the company targeting expansion from the current 750,000-ounce resource to 2 million ounces by 2027—a threshold management considers economically compelling for partnerships or development .Fenelon represents a longer-term opportunity, with a March 2025 preliminary economic assessment outlining a 3,000 ton-per-day underground operation using ramp access, dry-stack tailings, and paste backfill . However, the required $50-60 million prefeasibility study cost—representing half the company's $100 million market cap—makes immediate advancement impractical . Instead, Wallbridge conducts limited metallurgical testing and desktop optimization while remaining open to joint venture partnerships .The Detour East sale exemplified disciplined capital allocation, eliminating future dilution risk and funding expanded Martinière drilling without requiring larger equity financings . Despite gold trading above $4,000 per ounce—up 40% in 2025—junior explorers have not participated meaningfully in the rally, though Penny expects capital to eventually rotate from cash-generating producers to quality exploration stories .With $31 million cash and a clear strategic roadmap, Wallbridge positions itself for multiple outcomes: continued independent development, strategic partnerships, or acquisition by larger producers seeking quality ounces in mining-friendly jurisdictions as the exploration cycle recoversView Wallbridge Mining's company profile: https://www.cruxinvestor.com/companies/wallbridge-miningSign up for Crux Investor: https://cruxinvestor.com

Mining Stock Daily
Jon Cherry: Balancing Gold Economics, National Defense, and Regulatory Certainty

Mining Stock Daily

Play Episode Listen Later Nov 21, 2025 49:26


Mining Stock Daily welcomes Jon Cherry, CEO of Perpetua Resources, to discuss the strategically important Stibnite Gold Project in Idaho. Stibnite is advancing as a critical mineral supplier while simultaneously committing to the responsible restoration of a long-neglected mining district. The project holds the United States' only SK 1300 published reserve of antimony, a critical mineral the U.S. currently relies on from foreign sources. Antimony is vital for national defense, as the Stibnite project is expected to supply about 35% of the U.S. demand, including crucial antimony trisulfide for military munitions. Cherry details the project's recent milestones, including receiving the federal record of decision and the final 404 wetlands permit, allowing the company to break ground on construction about a month ago. The CEO unpacks the monumental $255 million financing package, featuring investments from Agnico Eagle and JP Morgan Chase, highlighting that Perpetua was the inaugural recipient of the latter's Strategic Resilience Initiative funding. The discussion also covers the current lack of downstream processing capacity in the U.S. for the antimony concentrate and ongoing exploration efforts targeting gold, antimony, and tungsten. This episode of Mining Stock Daily is brought to you by... Revival Gold is one of the largest pure gold mine developer operating in the United States. The Company is advancing the Mercur Gold Project in Utah and mine permitting preparations and ongoing exploration at the Beartrack-Arnett Gold Project located in Idaho. Revival Gold is listed on the TSX Venture Exchange under the ticker symbol “RVG” and trades on the OTCQX Market under the ticker symbol “RVLGF”. Learn more about the company at ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠revival-dash-gold.com⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠Vizsla Silver is focused on becoming one of the world's largest single-asset silver producers through the exploration and development of the 100% owned Panuco-Copala silver-gold district in Sinaloa, Mexico. The company consolidated this historic district in 2019 and has now completed over 325,000 meters of drilling. The company has the world's largest, undeveloped high-grade silver resource. Learn more at⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ ⁠https://vizslasilvercorp.com/⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠Equinox has recently completed the business combination with Calibre Mining to create an Americas-focused diversified gold producer with a portfolio of mines in five countries, anchored by two high-profile, long-life Canadian gold mines, Greenstone and Valentine. Learn more about the business and its operations at ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠equinoxgold.com⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ Integra Resources is a growing precious metals producer in the Great Basin of the Western United States. Integra is focused on demonstrating profitability and operational excellence at its principal operating asset, the Florida Canyon Mine, located in Nevada. In addition, Integra is committed to advancing its flagship development-stage heap leach projects: the past producing DeLamar Project located in southwestern Idaho, and the Nevada North Project located in western Nevada. Learn more about the business and their high industry standards over at integraresources.com

Mining Stock Education
“Gold Miners are Cheap Relative to the Gold Price” says Pro Investor David Erfle

Mining Stock Education

Play Episode Listen Later Nov 18, 2025 24:01


In this episode of Mining Stock Education, host Bill Powers speaks with David Erfle from Junior Miner Junky. David believes that the gold producers and developers are cheap both relative to the gold price and also when compared to the 2011 bull market P/E and P/NAV miner valuations. He provides commentary on the gold and silver price while also sharing how he is managing his portfolio in this bull market. David also offers his analyses of Fresnillo's bid for Probe Gold and Silver Tiger's recent approval to construct the El Tigre Stockwork Silver-Gold Project in Sonora, Mexico. 00:00 Intro 0:44 Gold & Silver price commentary 2:29 Undervalued miners 6:20 Retail gold stock inflow 8:46 Silver Tiger permit & Fresnillo buying Probe Gold 13:32 Agnico Eagle to bid for Probe Gold? 15:30 M&A 17:47 Canada backs critical metals projects 18:39 Contract mining concerns? 19:38 JMJ sentiment David's website: https://juniorminerjunky.com/ Sign up for our free newsletter and receive interview transcripts, stock profiles and investment ideas: http://eepurl.com/cHxJ39 Mining Stock Education (MSE) offers informational content based on available data but it does not constitute investment, tax, or legal advice. It may not be appropriate for all situations or objectives. Readers and listeners should seek professional advice, make independent investigations and assessments before investing. MSE does not guarantee the accuracy or completeness of its content and should not be solely relied upon for investment decisions. MSE and its owner may hold financial interests in the companies discussed and can trade such securities without notice. If you buy stock in a company featured on MSE, for your own protection, you should assume that it is MSE's owner personally selling you that stock. MSE is biased towards its advertising sponsors which make this platform possible. MSE is not liable for representations, warranties, or omissions in its content. By accessing MSE content, users agree that MSE and its affiliates bear no liability related to the information provided or the investment decisions you make. Full disclaimer: https://www.miningstockeducation.com/disclaimer/

CruxCasts
White Gold Corp (TSXV:WGO) - $23M Financing Funds Major Drill Program at Yukon Gold Project

CruxCasts

Play Episode Listen Later Nov 13, 2025 31:22


Interview with David D'Onofrio, CEO of White Gold Corp.Our previous interview: https://www.cruxinvestor.com/posts/white-gold-corp-wgo-project-generator-finding-gold-in-the-yukon-3263Recording date: 11th November 2025White Gold Corp is developing one of Canada's most compelling gold stories in Yukon's historic Klondike district, where the company controls a massive 300,000-hectare land position - 15 to 30 times larger than typical junior exploration companies. Founded in 2016 by CEO David D'Onofrio, PowerOne Capital, and renowned explorer Shawn Ryan, the company has delineated a substantial 3 million ounce gold resource at its flagship Golden Saddle deposit, representing the highest-grade open-pit resource in the Yukon at 1.4 grams per ton.The project's most significant attribute is an ultra-high-grade core containing 700,000 ounces at 5 grams per ton with exceptional 92% metallurgical recoveries. This high-grade zone, identified through recent structural reinterpretation by Dylan Langille from Great Bear Resources' discovery team, positions the company for robust starter-pit economics with rapid payback potential. A Preliminary Economic Assessment targeted for the first half of 2026 will quantify these advantages and evaluate accelerated development scenarios.White Gold recently closed a $23 million financing that represents a capital inflection point, enabling a 25,000-meter drill program—nearly ten times larger than the company's historical 3,000-meter programs. This expanded budget allows simultaneous pursuit of multiple high-probability targets: extending the ultra-high-grade zone at depth, drilling newly identified parallel footwall zones, and returning to earlier discoveries for systematic expansion. Management considers 4 to 5 million ounces a "reasonable" target, with potential pathways to 7 to 10 million ounces if deposits connect at depth.The company benefits from strategic validation through Agnico Eagle's maintained 19% shareholding and the advancement of the neighboring Coffee project to production, which establishes clear permitting pathways and infrastructure benefits. With the Yukon jurisdiction regaining favor following recent major discoveries and resolution of regional concerns, White Gold offers investors leveraged exposure to rising gold prices in an underexplored Canadian frontier with major company backing and clear development catalysts ahead.Learn more: https://www.cruxinvestor.com/companies/white-gold-corpSign up for Crux Investor: https://cruxinvestor.com

The KE Report
Dave Erfle – Gold And Silver Stocks Rebounding Some This Week, But Valuations Still Have A Lot Of Room To Catch Up To Record Precious Metals Prices

The KE Report

Play Episode Listen Later Nov 13, 2025 24:17


In this Daily Editorial, we welcome back Dave Erfle, Founder and Editor of The Junior Miner Junky, for his technical and fundamental outlook on the gold and silver prices up near record levels, and then the recent rebound in the precious metals stocks.  While the PM stocks have done quite well this year, they've still not come close to factoring in the huge economic implications of these higher underlying metals prices into their current valuations.    Key takeaways from Dave in this interview:   Gold and Silver Price Strength Continues – With gold up near $4,200 and silver up in the $52-$53 area, after having hit $54 again earlier this week, it is now trying to make $50 the floor instead of a 45-year ceiling.   Miners' Rebound After A 2-Week Correction – GDX and GDXJ have clawed their way higher since the end of last week, but they've not performed as well as some of the quality junior mining stocks have on a percentage basis in this recent recovery.   Chart and Cycle Patterns – After gold hit $3,500 in April, it consolidated for 5 months before resuming its uptrend. When gold recently hit an all-time high near $4,400 in October, it only waited a couple weeks before resuming its uptrend.  This may bode well for this correction not being as drawn out in time.  Dave would prefer to see the PM sector correct in time versus price, in more of a sideways consolidation to build the strength for the next move higher.   Company Valuations Are Still Cheap In Relation To Current Metals Prices – We are now half way through Q4 at substantially higher metals prices than in Q3, and yet the market caps and gains in the stocks have not even come close to reflecting the higher gold and silver producer margins, nor the improved economics of development-stage projects.   Merger and Acquisition Transactions Continue – After IAMGOLD's (IMG.TO) recent twin acquisitions, and Coeur Mining's (CDE) takeover of New Gold (NGD), we've also seen news that Probe Gold (TSX: PRB) (OTCQB: PROBF) is being acquired by Fresnillo Plc. (FRES.L) (FNLPF).   Dave highlights why he feels that the takeover premium for Probe is on the low side at US$56 per ounce of gold in the ground, and that he and his subscribers are waiting to see if Probe gets a counter-offer from a larger producer like Agnico Eagle or Kinross Gold.  He goes on to highlight why a higher valued takeover offer would be good for the whole sector; with regards to what quality ounces in the ground in a top tier jurisdiction are being valued at.   Silver Tiger's Receipt Of A New Open-Pit Permit A Boon To Mexican PM Stocks - We discuss how in addition to the nice pop we saw in Silver Tiger Metals Inc. (TSXV:SLVR)(OTCQX:SLVTF) after receipt of their open-pit mining permit at El Tigre, that other Mexican companies like GoGold Resources Inc. (TSX: GGD) (OTCQX: GLGDF) and Discovery Silver Corp. (TSX: DSV) (OTCQX: DSVSF) also moved higher in reaction to this permitting milestone achieved.     Click here to visit the Junior Miner Junky website to learn more about Dave's investment letter.    For more market commentary & interview summaries, subscribe to our Substacks:   The KE Report: https://kereport.substack.com/ Shad's resource market commentary: https://excelsiorprosperity.substack.com/     Investment disclaimer: This content is for informational and educational purposes only and does not constitute investment advice, an offer, or a solicitation to buy or sell any security. Investing in equities and commodities involves risk, including the possible loss of principal. Do your own research and consult a licensed financial advisor before making any investment decisions. Guests and hosts may own shares in companies mentioned.    

CruxCasts
Quebec Gold Explorers Target Resource Growth in Infrastructure-Rich Mining District

CruxCasts

Play Episode Listen Later Oct 23, 2025 47:47


Interview withKiran Patankar, President & CEO of Maple Gold MinesMatt Manson, President & CEO of Radisson Mining Resources Inc.Recording date: 16th October 2025Two junior mining companies are systematically advancing high-grade gold projects in Quebec's Abitibi greenstone belt, leveraging the region's extensive infrastructure while pursuing disciplined capital allocation strategies that prioritize technical de-risking over speculative development.Radisson Mining Resources focuses on the O'Brien Gold Project, a historical high-grade mine that operated until 1957 when economic constraints at $35-per-ounce gold forced closure at one-kilometer depth. CEO Matthew Manson now targets two kilometers as the economic floor, with approximately 1.5 million ounces of high-grade resources currently identified. The company has launched a 140,000-meter drill program, its largest ever, to systematically expand the resource base within the well-understood Piché formation geology adjacent to the Cadillac-Larder Lake break.Maple Gold Mines controls 481 square kilometers straddling the Cadillac Break, hosting over 3 million ounces including the historical Eagle mine that produced one million ounces at 6.5 grams per tonne between 1974 and 1993. Since 2021, CEO Kiran Patankar has restructured operations, reducing annual administrative costs from $6 million to $2 million while repositioning the company's joint venture with Agnico Eagle. The restructuring secured 100% project ownership while maintaining Agnico Eagle as a strategic equity partner.Both companies executed substantial institutional financings, with Radisson raising approximately $25 million through a fully institutional bought deal involving 22 institutions, and Maple securing investment at a 100% premium to previous rounds, including a $7 million lead order from a US mutual fund. These financings deliberately targeted long-term institutional investors rather than retail speculators, with Maple implementing 12-month lock-up agreements to ensure shareholder alignment.The Abitibi region provides critical infrastructure advantages that fundamentally alter project economics. Highway access, grid power at 4 cents per kilowatt-hour, proximity to multiple operating mills with existing permitted capacity, and an established mining workforce reduce capital requirements and enable toll milling opportunities. Both CEOs reject small-scale, bootstrapped development approaches in favor of right-sizing projects based on optimal economics.Strategic investor Michael Gentile plays a central role in both companies, providing capital, board expertise, and validation through thorough diligence-based investment decisions. His involvement signals quality to sophisticated investors and provides network access to institutional capital sources.With discovery costs around $30-40 per ounce against current company valuations near $150 per ounce, both management teams emphasize that successful systematic exploration creates immediate shareholder value accretion while positioning assets for potential acquisition by producers seeking to extend existing mill operations.Sign up for Crux Investor: https://cruxinvestor.com

CruxCasts
Cartier Resources (TSXV:ECR) - Agnico-Backed Junior Targets Mining Camp-Scale Gold Discovery

CruxCasts

Play Episode Listen Later Oct 22, 2025 27:43


Interview with Philippe Cloutier, President & CEO of Cartier Resources Inc.Our previous interview: https://www.cruxinvestor.com/posts/cartier-resources-tsxvecr-cartier-launches-massive-gold-exploration-7820Recording date: 21st October 2025Cartier Resources (TSXV:ECR) represents a compelling gold exploration opportunity centered on demonstrating mining camp-scale potential along Quebec's renowned Cadillac Fault in the Abitibi region—one of the world's most productive gold districts with over a century of mining history and hundreds of millions of ounces produced. The company has consolidated approximately 15 kilometers of strategic land position between multiple historic mining camps and adjacent to Agnico Eagle's producing operations, positioning itself to become what management characterizes as "the next mining camp along the Cadillac fault."The investment thesis centers on an exceptionally aggressive exploration program that fundamentally differentiates Cartier from typical junior explorers. The company has committed to a 100,000-meter, 600-hole diamond drilling program—representing an order of magnitude increase over the 5,000-10,000 meters that typical juniors drill annually. This intensive approach directly addresses the prolonged timelines that often frustrate junior resource investors by front-loading discovery work and compressing value recognition timelines. Strategic partner Agnico Eagle explicitly endorsed this aggressive strategy, with management noting Agnico's directive to "demonstrate that there's a mining camp there, not one mine, but a cluster of maybe three or four mines" with potential for 10-15 million ounces rather than the 3 million ounces typical of single-mine scenarios.Cartier's operational efficiency provides embedded value often overlooked in exploration-stage analysis. The company secured $12 million in full program funding while simultaneously locking in drilling costs at $110 per meter for two years—substantially below typical market rates of $150-200 per meter and representing 25-35% cost advantages. This pricing reflects fortuitous timing in contracting and the project's proximity to Val-d'Or mining infrastructure, effectively providing 15-20% more drilling capacity for the same capital outlay. Over a 100,000-meter program, these savings compound meaningfully while eliminating near-term dilution concerns.Recent exploration results validate the geological model, with the company's third press release since August program commencement demonstrating systematic expansion of mineralization. Drill intercepts include 11 g/t over 9 meters and ounce-per-ton material over metric widths in stacked vein systems with true widths extending approximately 50 meters. The mineralization occurs at surface in multiple parallel structures, suggesting both high-grade vein mining potential and bulk tonnage scenarios—a combination characteristic of the region's most successful operations.Management has structured a comprehensive five-pronged development program simultaneously advancing drilling, metallurgical testing, environmental baseline studies for permitting, resource estimate updates, and preliminary economic assessments. This parallel execution compresses typical sequential development timelines while generating bi-weekly news flow expected to continue for 18 months. The metallurgical work specifically targets toll milling opportunities at existing regional mills, a strategy that could reduce development capital requirements by 50-75% compared to standalone mill construction.The project benefits from exceptional infrastructure access, sitting within 30 minutes of Val-d'Or with its established workforce, service providers, power, and multiple processing facilities. The historic Chimo Gold Mine, encompassed within Cartier's land package, achieved 93% recovery rates and operated until 1997 when it closed not from resource exhaustion but from gold prices collapsing to $275 per ounce. With gold now exceeding $2,700 per ounce—nearly 10x higher—combined with superior mining technology and metallurgical methods, the same geological setting offers dramatically enhanced economic potential.CEO Philippe Cloutier articulates a clear timeline for value recognition, stating the program is almost 7 months pregnant with the company targeting a different level by the end of 2025, early 2026. For investors seeking exposure to gold discovery upside in a premier mining jurisdiction, backed by strategic producer validation and managed by a team demonstrating capital discipline and commercial focus, Cartier Resources presents a compelling risk-reward proposition with multiple near-term catalysts and substantial revaluation potential should management successfully demonstrate camp-scale mineralization.View Cartier Resources' company profile: https://www.cruxinvestor.com/companies/cartier-resources-incSign up for Crux Investor: https://cruxinvestor.com

CruxCasts
Val-d'Or Mining (TSXV:VZZ) – Eldorado-Backed Prospect Generator Drives $36.5M Exploration Push

CruxCasts

Play Episode Listen Later Oct 15, 2025 39:43


Interview with Glenn Mullan, President & CEO of Val-d'Or Mining CorporationOur previous interview: https://www.cruxinvestor.com/posts/val-dor-mining-vzz-new-royalty-story-emulating-recent-success-1729Recording date: 10th October 2025Val-d'Or Mining Corporation employs a prospect generation model centered on staking mineral properties 100%, conducting minimal initial exploration with an annual budget of only $300,000, then partnering with larger mining companies to fund drilling and development work. This approach reduces the need for capital-intensive exploration and limits shareholder dilution typical in junior miners. Their current major partnership with Eldorado Gold involves $36.5 million committed exploration spending across 12 properties in Quebec and Ontario. Val-d'Or earns revenues from this partnership via 10% management fees on Ontario properties they operate, option payments totaling about $200,000 per year, advance royalty payments, and leasing income from their office building.Val-d'Or owns over 50 properties in tier-one mining jurisdictions within Quebec and Ontario, focusing on geological regions like the Abitibi greenstone belt. Their strategic property acquisition targets gaps left between major players such as Agnico Eagle, who consolidated much of the region's geology. By acquiring and thoroughly evaluating properties with modest spending, they attract partners who fund detailed exploration, while Val-d'Or retains royalty interests generally targeting a 2% net smelter return (NSR). As partners meet spending milestones and vest their interests, Val-d'Or's royalties become crystallized, providing long-term revenue without the risks and capital requirements of full mine development.The company's President and CEO, Glenn Mullan, boasts a track record of three successful exits generating over $500 million collectively by selling royalty companies rather than mines. This strategy, combined with the current high gold price environment and the industry's demand for exploration assets, positions Val-d'Or as a compelling investment. Their structure maintains significant insider ownership for stability, while the partnership model minimizes dilution and exploration risk. With drilling commencing on multiple properties and over $36 million committed from Eldorado, Val-d'Or is actively advancing their asset base toward royalty monetization in a robust gold market.In summary, Val-d'Or Mining exemplifies a non-dilutive, prospect generation model leveraging partnerships to develop a portfolio of royalty-bearing properties with diversified near-term revenue, a strong historical track record, and optimized for current market conditions in Canadian gold mining .Learn more: https://www.cruxinvestor.com/companies/val-dor-miningSign up for Crux Investor: https://cruxinvestor.com

Mining Stock Daily
Morning Briefing: Loncor Acquired for C$261M, Collective Raises C$140M

Mining Stock Daily

Play Episode Listen Later Oct 14, 2025 12:02


Good morning and welcome to the Tuesday, October 14th edition of Mining Stock Daily. Filling in for Trevor Hall, Michael McCrae reported that while markets are sliding—with Bitcoin, oil, and the S&P all down—gold remains steady, with December futures flat at around $4,128. Market volatility followed former President Trump's threat of 100% tariffs on China, which he later partially retracted, prompting China to vow retaliatory sanctions. The briefing, sponsored by Vizsla Silver, highlighted the company's progress in developing the Panuco-Copala silver-gold district in Sinaloa, Mexico, where it has drilled over 375,000 meters and consolidated one of the world's largest undeveloped high-grade silver resources. In company news, Loncor Gold agreed to be acquired by Chengtun Mining Group in a C$261 million all-cash deal at C$1.38 per share, marking a 33% premium over the 30-day VWAP, with major shareholders supporting the transaction. McEwen Mining announced the acquisition of Canadian Gold in an all-stock deal valuing shares at C$0.60, gaining control of the Tartan Lake Gold Mine Project in Manitoba. Benz Mining reported strong drill results from its Glenburgh project in Western Australia, intersecting 79 meters at 4.4 g/t gold and expanding its multi-lens gold system to 350 meters in strike length and open at depth. Scorpio Gold released encouraging assays from its Manhattan District project in Nevada, with highlights including 10.07 g/t Au over 5.94 meters and 5.49 g/t Au over 7.32 meters. Collective Mining closed concurrent financings totaling C$140 million, including a bought deal led by BMO and Scotia and a C$15 million private placement with Agnico Eagle, to fund exploration at its Guayabales Project in Colombia. American Pacific Mining underscored the national significance of its Palmer VMS Project in Alaska, citing its 980,000 tonnes of indicated and 3.05 million tonnes of inferred barite resources as key to reducing U.S. dependence on imported critical minerals. On the production front, G Mining Ventures reported 46,360 ounces of gold output from its Tocantinzinho Mine in Brazil, up 9% from Q2; Orla Mining produced 79,645 ounces despite earlier operational setbacks at Camino Rojo; and Avino Silver & Gold Mines generated 580,780 silver equivalent ounces, slightly down due to normal sequencing adjustments.

CruxCasts
Gold Mining Sector Transformation Draws Professional Investor Interest

CruxCasts

Play Episode Listen Later Sep 24, 2025 30:38


Recording date: 23rd September 2025The Denver Gold Forum Americas marked a pivotal moment for the gold mining sector, with buy-side attendance surging over 30% as institutional investors demonstrate renewed interest in precious metals equities. This dramatic shift from the sparse attendance witnessed two years prior signals broader market recognition of the sector's improved fundamentals and investment potential.Major gold miners have fundamentally transformed their financial profiles, moving from debt-heavy structures to robust cash positions. AngloGold Ashanti exemplifies this transformation, transitioning from net debt to net cash even after completing major acquisitions like Centamin. This financial strength has created unprecedented flexibility for capital allocation strategies previously unavailable during weaker commodity environments.Share buyback programs have emerged as a key theme among major producers, creating consistent market liquidity and generating positive feedback effects through passive fund flows. Industry observers expect buyback announcements from larger mid-cap companies over the next twelve months, representing a new marginal buyer category that provides ongoing support for gold mining equities.The gold mining sector has undergone a philosophical transformation regarding growth strategies. Previously, companies emphasized organic growth while treating acquisitions as taboo investments that attracted negative analyst and investor sentiment. The current environment shows marked openness to inorganic growth opportunities, with management teams no longer viewing expansion as inherently problematic.B2Gold's explicit targeting of 2026 acquisitions represents the most candid expression of this strategic shift, while other companies express cautious optimism about appropriate opportunities. Even companies with substantial organic growth potential, including Agnico Eagle, indicate receptiveness to suitable acquisition targets when they emerge.Investment managers Derek Macpherson and Samuel Pelaez identified Bellevue Gold as their primary new portfolio addition, representing a classic single-asset turnaround story. The Western Australian underground producer operates one of the world's highest-grade gold deposits, containing approximately 3.5 million ounces at nearly 10 grams per tonne.The company experienced multiple operational challenges during 2024 production startup, including delayed mine development, balance sheet strain, and unusual flooding events. These difficulties triggered lender covenant violations and forced balance sheet restructuring, creating attractive entry valuations for patient investors.Current operational metrics indicate successful turnaround execution, with mine development catching up to planned schedules and access to higher-grade ore blocks improving production flexibility. Management projects 170,000 ounces of annual production, though operational capacity suggests potential for 200,000 ounces annually.The combination of strong gold prices, improved sector sentiment, and increased institutional participation creates favorable conditions for both operational turnarounds and sector re-rating opportunities. With Bellevue's market capitalization under $1 billion USD, the company trades at significant discounts to comparable Western Australian producers, suggesting fair value potential in the $2-3 billion range.This institutional interest surge, coupled with miners' enhanced financial flexibility and strategic openness, positions the gold sector for continued evolution as both a defensive precious metals play and growth-oriented investment opportunity.Sign up for Crux Investor: https://cruxinvestor.com

The KE Report
Fury Gold Mines - Eau Claire PEA, Sakami Drill Results, Committee Bay Drilling Update

The KE Report

Play Episode Listen Later Sep 16, 2025 19:45


In this company update, Cory Fleck is joined by Tim Clark, President & CEO of Fury Gold Mines  (TSX:FURY - NYSE:FURY), and Bryan Atkinson, SVP Exploration, to provide a comprehensive update on the company's projects and recent milestones. Discussion Highlights: Eau Claire Project (PEA Released Sept 2, 2025): Three development scenarios: standalone operation, hybrid toll milling, and full toll milling. Strong economics, including an after-tax IRR of 41% (base case) and up to 84% (toll milling case). Path toward a Pre-Feasibility Study (PFS) supported by 76% of ounces already in M&I categories. Exploration upside with mineralization open in all directions. Sakami Project (Drill Results - Aug & Sept 2025): Wide gold intercepts with higher-grade cores. Discovery of a silver zone grading 546 g/t Ag over 1.5m. Large-scale 23 km mineralized trend with multiple targets still to be tested. Committee Bay (2025 Drill Program): First drilling in years following Agnico Eagle's investment. Testing new shear-hosted targets at Three Bluffs and Raven. Results coming soon. With strong economics at Eau Claire, ongoing discovery at Sakami, and strategic exploration at Committee Bay, Fury is positioning itself for near- and long-term growth. For follow-up questions, email Cory at fleck@kereport.com.  -------------- For more market commentary & interview summaries, subscribe to our Substacks:  The KE Report: https://kereport.substack.com/   Shad's Resource Market Commentary: https://excelsiorprosperity.substack.com/ Investment Disclaimer: This content is for informational and educational purposes only and does not constitute investment advice, an offer, or a solicitation to buy or sell any security. Investing in equities and commodities involves risk, including the possible loss of principal. Do your own research and consult a licensed financial advisor before making any investment decisions. Guests and hosts may own shares in companies mentioned.

The KE Report
Erik Wetterling – Key Takeaways From The PM Summit In Beaver Creek, and Reaction To The Merger Of First Nordic Metals With Mawson Finland

The KE Report

Play Episode Listen Later Sep 16, 2025 17:08


Erik Wetterling, Founder and Editor of The Hedgeless Horseman website, joins me to review his key takeaways from the Precious Metals Summit in Beaver Creek, and the best opportunities he sees presenting themselves in the resource sector.  Additionally, we get to hear Erik's reaction to the news that broke this Monday reporting on the merger of First Nordic Metals with Mawson Finland, to produce a larger Scandinavian exploration and development vehicle.   Coming into the PM Summit in Beaver Creek, gold, silver, and the precious metals stocks were continuing to make new highs, giving a much improved sentiment to the conference as the bull market raged on. We also got into the nuances of how one may need to adjust company valuations in a dynamic way based on how their newsflow compliments or is at odds with the underlying macro conditions and gold and silver price action.   Erik points out that many of the PM producers and developers, that looked grossly undervalued a year ago and seemed to be ignoring the surging metals prices, are now finally up multiple-fold.  Even the optionality “beta” plays, with sunk costs and banked success via ounces in the ground, have continued to rerate higher at this point; making them less attractive from his vantage point.   In contrast, many of the exploration stocks have only started to move recently, and some explorers or early-stage discovery stocks haven't even moved that much in contrast to the rest of the sector. Erik remains more encouraged by these “alpha” plays, that have clear catalysts on the horizons from their ongoing work programs.   We then shifted over to the news that broke early this week on September 15th, announcing the merger of First Nordic Metals Corp. (TSXV: FNM) (FNSE: FNMC SDB) (OTCQX: FNMCF) (FSE: HEG0) and Mawson Finland Limited ("Mawson") (TSXV: MFL) (FSE: PM6).   Erik unpacks the synergies that he sees in this transaction between the 2 companies, the value proposition of their combined projects, management teams, and board of directors, and how this may provide a better cost of capital, more liquidity, and the ability to negotiate with Agnico Eagle from more of a position of strength.   This transaction will consolidate a large and prospective gold development and exploration portfolio in Sweden and Finland, including First Nordic's Barsele Joint Venture Project and Gold Line Belt projects in northern Sweden and Oijärvi Project in northern Finland, and Mawson's Rajapalot Project and surrounding Rompas-Rajapalot Property in northern Finland.   In full disclosure, both Erik and Shad are shareholders of First Nordic Metals.   Click here to follow Erik's analysis over at The Hedgeless Horseman website     Investment disclaimer: This content is for informational and educational purposes only and does not constitute investment advice, an offer, or a solicitation to buy or sell any security. Investing in equities and commodities involves risk, including the possible loss of principal. Do your own research and consult a licensed financial advisor before making any investment decisions. Guests and hosts may own shares in companies mentioned.

CruxCasts
Fury Gold Mines (TSX:FURY) - Diversified Assets, Recent PEA & Toll Milling Optionality Drive Upside

CruxCasts

Play Episode Listen Later Sep 15, 2025 22:41


Interview with Tim Clark, CEO, Fury Gold MinesOur previous interview: https://www.cruxinvestor.com/posts/fury-gold-mines-tsxfury-multi-asset-canadian-high-grade-gold-explorer-with-strong-financials-5957Recording date: 11th September 2025Fury Gold Mines has emerged as a compelling investment opportunity in the junior gold mining sector, presenting multiple pathways to value creation through its high-grade Eau Claire resource in Quebec and diversified portfolio approach. The company's recently released preliminary economic assessment demonstrates robust standalone economics with a $554 million net present value and 41% internal rate of return, based on conservative $2,400 gold pricing.What sets Fury apart from typical junior miners is its strategic toll milling optionality, which could dramatically enhance returns while reducing capital requirements. Located 50-60 kilometers from an underutilized processing facility, the company has modeled scenarios showing potential IRR increases to 84% under full toll milling arrangements. This flexibility addresses one of the primary challenges facing junior developers: substantial upfront capital expenditure.The company's financial strength provides significant competitive advantages through its $65 million equity position in Dolly Varden Silver Corporation and New York Stock Exchange listing, which grants access to US retail investors comprising two-thirds of the shareholder base. CEO Tim Clark emphasizes this positioning enables selective capital raising while maintaining disciplined dilution management of just 3-4% annually.Beyond the flagship Eau Claire project approaching 2 million ounces, Fury maintains additional growth catalysts including a partnership with Agnico Eagle on Committee Bay properties in Nunavut and recently acquired Quebec assets. The company also holds the only full feasibility study on an unbuilt rare earth project, adding further monetization potential.Despite recent 30% share price appreciation following the PEA release, Clark believes Fury remains significantly undervalued at $25 per ounce compared to peer averages of $50 per ounce. With sustained gold price strength driving renewed investor interest in quality junior miners, Fury appears positioned to capture disproportionate value as market recognition increases and development activities advance across its diversified portfolio.Learn more: https://www.cruxinvestor.com/companies/fury-gold-minesSign up for Crux Investor: https://cruxinvestor.com

Stocks To Watch
Episode 677: First Nordic Metals ($FNM) CEO on Drill Results, Gold Line Belt Strategy, and Growth

Stocks To Watch

Play Episode Listen Later Sep 10, 2025 16:36


Recognized as a 2025 TSX Venture 50 company, First Nordic Metals (TSX.V: FNM | FNSE: FNMC SDB | OTCQB: FNMCF | FRA: HEG0) is advancing its flagship Barsele project in Sweden, which already hosts 2.4 million ounces of indicated and inferred gold and sits in a joint venture with Agnico Eagle.In this interview, CEO Taj Singh shares updates on recent drilling at Aida, upcoming Nippas results, and the broader Gold Line Belt strategy. The interview also highlights a $15.4 million financing and the acquisition of EMX Royalty, which strengthens First Nordic's growth and district-scale potential.Learn more about First Nordic Metals: https://firstnordicmetals.com/Watch the full YouTube interview here: https://youtu.be/D53Zc3-6lik?feature=sharedAnd follow us to stay updated: https://www.youtube.com/@GlobalOneMedia?sub_confirmation=1

Stocks To Watch
Episode 677: First Nordic Metals ($FNM) CEO on Drill Results, Gold Line Belt Strategy, and Growth

Stocks To Watch

Play Episode Listen Later Sep 10, 2025 16:36


Recognized as a 2025 TSX Venture 50 company, First Nordic Metals (TSX.V: FNM | FNSE: FNMC SDB | OTCQB: FNMCF | FRA: HEG0) is advancing its flagship Barsele project in Sweden, which already hosts 2.4 million ounces of indicated and inferred gold and sits in a joint venture with Agnico Eagle.In this interview, CEO Taj Singh shares updates on recent drilling at Aida, upcoming Nippas results, and the broader Gold Line Belt strategy. The interview also highlights a $15.4 million financing and the acquisition of EMX Royalty, which strengthens First Nordic's growth and district-scale potential.Learn more about First Nordic Metals: https://firstnordicmetals.com/Watch the full YouTube interview here: https://youtu.be/D53Zc3-6lik?feature=sharedAnd follow us to stay updated: https://www.youtube.com/@GlobalOneMedia?sub_confirmation=1

The Northern Miner Podcast
Agnico Eagle's Sean Boyd and Northern Miner's Anthony Vaccaro on the Great Canadian Treasure Hunt

The Northern Miner Podcast

Play Episode Listen Later Sep 9, 2025 84:56


This week's episode features Agnico Eagle chair Sean Boyd and Northern Miner Group president Anthony Vaccaro on the Great Canadian Treasure Hunt—a contest launched by the Northern Miner that hides a treasure box on public land, containing a code redeemable for C$1.3 million in gold. Boyd also shares his insights on the gold market and Agnico Eagle's philosophy, while both guests reflect on mining in Canada, mining and the Arctic. Get you first clue to the Great Canadian Treasure Hunt at http://treasure.northernminer.com All this and more with host Adrian Pocobelli. This week's Spotlight features Dale Verran, CEO of Fortune Bay, who discusses the company's Goldfields and Poma Rosa gold projects in northern Saskatchewan and Mexico. To learn more, visit fortunebaycorp.com. “Rattlesnake Railroad”, “Big Western Sky”, “Western Adventure” and “Battle on the Western Frontier” by Brett Van Donsel (⁠www.incompetech.com⁠). Licensed under Creative Commons: By Attribution 4.0 License ⁠creativecommons.org/licenses/by/4.0⁠ Apple Podcasts:⁠ https://podcasts.apple.com/ca/podcast/the-northern-miner-podcast/id1099281201⁠ Spotify:⁠ https://open.spotify.com/show/78lyjMTRlRwZxQwz2fwQ4K⁠ YouTube:⁠ https://www.youtube.com/@NorthernMiner⁠ Soundcloud:⁠ https://soundcloud.com/northern-miner

CruxCasts
Pivotal Metals (ASX:PVT) - $7M Market Cap Targets 400kt CuEq Resource Unlock

CruxCasts

Play Episode Listen Later Sep 5, 2025 29:42


Interview with Ivan Fairhall, Managing Director of Pivotal Metals Ltd.Recording date: 26th August 2025Pivotal Metals Limited operates two complementary mining projects in Quebec that highlight the current disconnect between asset quality and market valuation in the junior mining sector. The company's flagship Horden Lake copper project contains 400,000 tons of copper equivalent resources, positioning it well above the scale threshold for strategic interest, yet trades at a $7 million market capitalization that management believes significantly undervalues the underlying assets.Managing Director Ivan Fairhall has spent two years consolidating technical work at Horden Lake, completing metallurgical testing and resource definition to create what he describes as a cohesive development narrative. Despite this progress, the market has not reflected the enhanced technical profile in the company's share price, creating what appears to be a substantial value gap.Rather than pursuing traditional drill-intensive expansion programs, Pivotal has adopted a disciplined capital allocation approach focused on high-return activities. The company is emphasizing metallurgical optimization and strategic partnership discussions for Horden Lake while shifting exploration capital toward its Belleterre projects in Quebec's infrastructure-rich Abitibi region.The Belleterre portfolio encompasses 160 kilometers of greenstone belt geology with multiple untested geophysical anomalies and historical high-grade discoveries dating to the 1960s. Using modern fixed-loop electromagnetic surveys, the company has identified several drill-ready targets that could provide near-term discovery catalysts. The projects benefit from proximity to operating mines and available processing facilities, reducing development risk.Pivotal operates alongside well-funded competitors, including Vior Inc., which raised $40 million for extensive drilling programs on contiguous properties. This regional activity validates the district's prospectivity while creating potential strategic opportunities as major operators like Agnico Eagle seek projects to fill underutilized mills. The combination of advanced development assets and high-grade exploration potential positions Pivotal as a potential beneficiary of improved market sentiment toward quality junior mining companies.Sign up for Crux Investor: https://cruxinvestor.com

The KE Report
FireFox Gold - Largest Financing Competed, Largest Drill Program Starting At Mustajärvi, Finland

The KE Report

Play Episode Listen Later Aug 29, 2025 22:08


FireFox Gold (TSX.V: FFOX - OTCQB: FFOXF) has just launched its largest drill campaign ever at the Mustajärvi Project in Finland's Lapland Greenstone Belt, supported by a recent $7M financing and share consolidation. Patrick Highsmith, President and CEO of FireFox joins me to discuss: The scale and strategy of the 10,000+ meter drill program, focused on the East, Northeast, and Central Zones. See Figure 1 from the news release below. Historic high-grade results, including intercepts of 14m @ 29 g/t gold and surface trenching of 7m @ 59 g/t gold. Plans to test deeper targets (300–500m) for potential underground extensions. Exploration upside at the Jeesiö and Sarvi Projects, located near Rupert's Ikkari discovery. The role of strategic shareholders, including Agnico Eagle and Crescat Capital. With the strongest treasury in its history, FireFox Gold is advancing its Finnish gold portfolio through 2025 into 2026.   Figure 1. Mustajärvi Gold Project mineralized zones and untested target areas.   Any further questions for Patrick? Email me at Fleck@kereport.com. Click here to visit the FireFox Gold website to learn more about the Company.  https://www.firefoxgold.com/

The KE Report
Valkea Resources - Fall Drilling Starts at Paana, Focus on Koivu Zone

The KE Report

Play Episode Listen Later Aug 28, 2025 12:53


Valkea Resources (TSX-V: OZ | OTCQB: OZBKF | FSE: S600) has launched its fall drill program at the Paana Project in Finland. President & CEO Chris Donaldson joins the KE Report to outline the strategy, starting with step-outs at the Koivu Zone, new target generation, and the company's broader exploration plans in this Tier-1 district. Key points:  Fall Drill Program (~2,000m): Step-outs at the Koivu Zone following encouraging intercepts from the last campaign (e.g., ~55m @ ~1.6 g/t Au; ~36m @ ~1.5 g/t Au), plus ongoing target generation. Geologic Model & Strategy: Koivu Zone shows disseminated “Ikkari/Rupert-style” gold; Honka Zone is “Kittilä-style” high-grade. Team will test if Koivu and Honka zones connect. Target Pipeline: Base-of-till drilling across multiple anomalies and work advancing the northern Rova project. Core Re-logging & Structural Work: Refining structure and controls on mineralization using historic holes to tighten targeting. Team & Operations: New Exploration Manager, Jens Rönnqvist, on the ground in Finland to coordinate fieldwork and community engagement. Jurisdiction & Neighbors: Paana sits in a Tier-1 district alongside Agnico Eagle's Kittilä Mine, B2Gold/Aurion, and Rupert Resources. Finland ranked #1 by the Fraser Institute for mining attractiveness; recent financings underscore capital flowing into the belt. Near-Term Catalysts: Drills now turning; a ~2-month program with assays expected to begin in the fall (lab timing dependent). Step-outs at Koivu are the headline driver. Any follow up questions for Chris can be emailed to me directly at Fleck@kereport.com.  Click here to visit the Valkea Resources website to learn more about the Company.

Mining Stock Education
Multiple Gold Discovery “Shots on Goal” - Results in Next 60 Days says Fury Gold Mines CEO Tim Clark

Mining Stock Education

Play Episode Listen Later Aug 13, 2025 21:47


Fury Gold Mines offers investors multiple gold discovery “shots on goal.” Drill results from the Committee Bay project, funded by Agnico Eagle, and the Sakami gold project are due within the next 60 days. In this episode, SVP Exploration Bryan Atkinson and CEO Tim Clark provide an update on Fury Gold Mines many projects across the portfolio, including the first drill hole at Sakami which yielded an intercept of 41.5m of 1.23 g/t gold. Sponsor: https://furygoldmines.com/ Ticker: FURY Press Release discussed: https://furygoldmines.com/fury-intercepts-41-5-metres-of-1-23-g-t-gold-at-sakami-gold-project-in-quebec/ 0:00 Intro 0:43 Sakami project intercept: 41.5m of 1.23 g/t gold 4:31 Committee Bay drilling 6:02 Multiple discovery “shots on goal” 8:35 Eau Claire project 9:59 Kipawa rare earths project 11:51 Lithium project 13:37 SG&A & share dilution rate 16:53 Investor feedback Sign up for our free newsletter and receive interview transcripts, stock profiles and investment ideas: http://eepurl.com/cHxJ39 Sponsor Fury Gold Mines pays MSE a United States dollar seven thousand per month coverage fee. The forward-looking statement found in Fury Gold's most-recent presentation found at www.FuryGoldMines.com applies to everything discussed in this interview. Mining Stock Education (MSE) offers informational content based on available data but it does not constitute investment, tax, or legal advice. It may not be appropriate for all situations or objectives. Readers and listeners should seek professional advice, make independent investigations and assessments before investing. MSE does not guarantee the accuracy or completeness of its content and should not be solely relied upon for investment decisions. MSE and its owner may hold financial interests in the companies discussed and can trade such securities without notice. MSE is biased towards its advertising sponsors which make this platform possible. MSE is not liable for representations, warranties, or omissions in its content. By accessing MSE content, users agree that MSE and its affiliates bear no liability related to the information provided or the investment decisions you make. Full disclaimer: https://www.miningstockeducation.com/disclaimer/

CruxCasts
Lafleur Minerals (CSE: LFLR) - Positioning for Near-Term Gold Production

CruxCasts

Play Episode Listen Later Aug 13, 2025 43:05


Interview with Paul Ténière, CEO of Lafleur Minerals Inc.Recording date: 4th August 2025Lafleur Minerals Incorporated is emerging as a compelling opportunity in Quebec's prolific Abitibi gold belt, where CEO Paul Ténière is executing a strategic plan to become a near-term gold producer through recently acquired mining assets from Monarch Mining's bankruptcy proceedings in 2024.The company's foundation rests on two key acquisitions: the Swanson gold project containing approximately 200,000 ounces of gold, and the Beacon gold mill, a fully refurbished processing facility. The Swanson deposit, located 50-60 kilometers north of Val-d'Or, sits on an existing mining lease originally granted to Agnico Eagle in 2009, significantly reducing typical permitting timelines that can extend for years.Lafleur's near-term production strategy centers on bulk sampling 80,000-100,000 tons at Swanson for processing at the Beacon mill. This approach serves multiple objectives: metallurgical testing, revenue generation, and operational experience while maintaining capital efficiency. The company plans to implement ore sorting technology to enhance grade and reduce transportation costs.The Beacon mill represents a critical strategic advantage, having been completely refurbished by Monarch with a $20 million CAD investment before the bankruptcy. With capacity ranging from 750-1,000 tons per day and potential expansion to 2,000-5,000 tons per day, the mill requires only $5-6 million CAD to restart operations.Beyond immediate production, Lafleur targets regional consolidation across its expanded 180-square-kilometer land package, aiming to exceed one million ounces through systematic exploration of additional deposits including Bartec and Jolin targets. The company also sees opportunity in custom milling services, capitalizing on limited regional processing capacity.Operating in an environment where gold has risen from $1,800 to above $3,300 per ounce since acquisition, Lafleur exemplifies how higher prices are revitalizing previously sub-economic deposits, particularly those with existing infrastructure and streamlined development pathways in established mining districts.Sign up for Crux Investor: https://cruxinvestor.com

CruxCasts
Beyond the Gold Rush: Why Mining's Multi-Year Bull Cycle is Just Getting Started

CruxCasts

Play Episode Listen Later Aug 13, 2025 30:31


Recording date: 5th August 2025The global mining sector has reached a critical juncture in Q2 2025, driven by exceptional financial performance and fundamental policy shifts that signal a multi-year bull cycle ahead. Major gold producers delivered record-breaking results that have forced institutional investors to take notice, while government policy changes in key Western nations provide unprecedented structural support for the industry.Leading the charge, Newmont Corporation achieved what may be its best quarter in company history, generating $2.99 billion in EBITDA and $1.3 billion in free cash flow at an average gold price of $3,320 per ounce. This translates to approximately $32 million in daily EBITDA and $18 million in daily free cash flow. Agnico Eagle demonstrated even superior efficiency, producing $2 billion in EBITDA and $1.3 billion in free cash flow while operating at roughly half of Newmont's production volume.These exceptional results have created compelling investment dynamics. Agnico Eagle's current $8 billion annual EBITDA run rate makes it Canada's third-largest company by this metric, surpassing major banks and technology companies. This dramatic shift is forcing generalist portfolio managers to buy mining stocks to avoid significant tracking error against their benchmarks.Simultaneously, both Australia and the United States have implemented price floor mechanisms for critical minerals and defense-critical metals. This represents a fundamental reversal from decades of policy neglect, acknowledging that Western nations effectively "exported pollution" to China while allowing it to build dominant refining capacity. China now controls approximately 66% of global copper flows and maintains near-monopolistic positions in rare earths, tungsten, and antimony.Record profitability is enabling major M&A activity, exemplified by Royal Gold's $1 billion streaming deal with First Quantum at attractive mid-50% valuation multiples. This transaction demonstrates how mining companies are deploying their substantial cash flows for strategic growth, with the sector itself representing the largest pool of available investment capital.The convergence of exceptional profitability, supportive government policies, and forced institutional participation suggests the mining sector is experiencing a generational revaluation rather than a typical cyclical upturn, positioning it for sustained outperformance across multiple years.Sign up for Crux Investor: https://cruxinvestor.com

The Canadian Investor
Two Canadian Stocks That Are Printing Money

The Canadian Investor

Play Episode Listen Later Aug 7, 2025 52:56


In this episode, we kick things off with a quick look at the newly imposed 35% tariffs by the U.S. on Canadian goods.We then break down earnings from some key Canadian names, starting with TMX Group, which continues to benefit from strong options trading volumes and solid growth from its energy and ETF data platforms.Tourmaline posts strong results despite weak natural gas prices, and signs a lucrative long-term export deal linked to European gas benchmarks.We also dig into Celestica, arguably Canada’s best-performing AI-related stock, and explain why its explosive growth may have more to run—even if customer concentration adds some risk.In the gold space, Agnico Eagle delivers another standout quarter as higher gold prices widen margins and drive profitability to record levels.Lastly, we revisit Allied Properties REIT, where payout ratios are getting dangerously close to unsustainable levels, and where asset sales and debt refinancing will be key to keeping the distribution intact. Tickers of stocks discussed: CLS.TO, X.TO, TOU.TO, AEM.TO, AP-UN.TO Check out our portfolio by going to Jointci.com Our Website Our New Youtube Channel! Canadian Investor Podcast Network Twitter: @cdn_investing Simon’s twitter: @Fiat_Iceberg Braden’s twitter: @BradoCapital Dan’s Twitter: @stocktrades_ca Want to learn more about Real Estate Investing? Check out the Canadian Real Estate Investor Podcast! Apple Podcast - The Canadian Real Estate Investor Spotify - The Canadian Real Estate Investor Web player - The Canadian Real Estate Investor Asset Allocation ETFs | BMO Global Asset Management Sign up for Fiscal.ai for free to get easy access to global stock coverage and powerful AI investing tools. Register for EQ Bank, the seamless digital banking experience with better rates and no nonsense.See omnystudio.com/listener for privacy information.

Mining Stock Education
Don Durrett's 100-Bagger Mining Stock and Investment Strategies Revealed

Mining Stock Education

Play Episode Listen Later Jul 28, 2025 64:05


In this episode of Mining Stock Education, host Bill Powers interviews Don Durrett from GoldStockData.com. Don shares his experience in the mining stock sector, emphasizing his investment strategies and revealing how his investment in Crocodile Gold is turning into a 100-bagger. The discussion covers his views on various mining companies like Newmont, Agnico Eagle, and First Majestic Silver, and his thoughts on balancing risk with potential rewards in the mining sector. Don also provides valuable tips for evaluating mining stocks, highlighting the importance of strong projects, management teams, and having an investment edge. 0:00 Introduction and Guest Welcome 0:44 Analyzing Newmont's Q2 Earnings 3:04 Investment Strategies and Market Predictions 17:47 Mid-Tier Producers and Success Stories 21:13 Developer Checklist and Investment Criteria 24:10 Management Teams and Path to Production 27:29 Takeovers and Market Positioning 31:43 Trading Strategies and Stock Selection 32:28 Avoiding the OTC Pinks and Understanding Insiders 33:31 Bearish on Exploration Stocks 34:11 Optionality Plays in Gold and Silver 35:40 Early-Stage Exploration and the Lassonde Curve 38:33 Inelasticity of Exploration Stocks 43:38 Managing a Diverse Portfolio 55:28 AI in Mining Stock Analysis 1:00:30 Concluding Thoughts and Market Predictions https://www.goldstockdata.com/ Sign up for our free newsletter and receive interview transcripts, stock profiles and investment ideas: http://eepurl.com/cHxJ39 This episode was not sponsored. Mining Stock Education offers informational content based on available data but it does not constitute investment, tax, or legal advice. It may not be appropriate for all situations or objectives. Readers and listeners should seek professional advice, make independent investigations and assessments before investing. MSE does not guarantee the accuracy or completeness of its content and should not be solely relied upon for investment decisions. MSE and its owner may hold financial interests in the companies discussed and can trade such securities without notice. MSE is biased towards its advertising sponsors which make this platform possible. MSE is not liable for representations, warranties, or omissions in its content. By accessing MSE content, users agree that MSE and its affiliates bear no liability related to the information provided or the investment decisions you make. Full disclaimer: https://www.miningstockeducation.com/disclaimer/

CruxCasts
AngloGold Ashanti: The Gold Stock That Keeps On Winning

CruxCasts

Play Episode Listen Later Jul 23, 2025 27:27


Recording date: 21st July 2025AngloGold Ashanti has emerged as one of the most compelling large-cap gold mining investments, delivering exceptional returns while maintaining significant upside potential. The company has generated a remarkable 300% return for investors since trading around $17 per share, now valued at $50 with a $25 billion market capitalization as the world's fourth-largest gold producer.The cornerstone of AngloGold's investment appeal lies in its Arthur Deposit (formerly Silicon-Merlin) in Nevada, representing a rare tier-one greenfield discovery of approximately 16 million ounces. This entirely buried deposit showcases the geological characteristics of a low sulphidation epithermal system with significant expansion potential beyond current estimates. The Nevada project positions AngloGold among the few major miners with substantial organic growth prospects.AngloGold has successfully transformed from a South African-focused company to a globally diversified operation, relocating headquarters to Denver and securing primary listing on the New York Stock Exchange. This strategic repositioning reflects management's commitment to operating in favorable jurisdictions that appeal to international investors.The company's operational excellence shines through its impressive cash generation, producing approximately $8 million in daily free cash flow at current gold prices above $3,300 per ounce. This financial strength enables self-funded development of the Nevada project without dilutive financing. Strategic acquisitions, including Centamin's 500,000-ounce Sukari mine in Egypt and Augusta Gold's Nevada assets, have consolidated over 21 million ounces in the district.Despite this strong performance, AngloGold trades at an approximate 40% discount to peers like Agnico Eagle, with the Nevada project receiving minimal market valuation. The development timeline extends to 2030, with initial production estimates of 100,000-200,000 ounces annually, potentially scaling to one million ounces. For investors seeking exposure to gold mining with immediate cash generation and long-term growth potential, AngloGold Ashanti represents an attractive opportunity in a proven jurisdiction.Sign up for Crux Investor: https://cruxinvestor.com

CruxCasts
Maple Gold Mines (TSXV:MGM) - Targets 5Moz Resource Growth After Exceptional Drilling Results

CruxCasts

Play Episode Listen Later Jul 21, 2025 35:20


Interview with Kiran Patankar, President & CEO of Maple Gold MinesOur previous interview: https://www.cruxinvestor.com/posts/maple-gold-mines-tsxvmgm-turnaround-100-ownership-46-leaner-and-agnico-at-its-side-7230Recording date: 18th July 2025Maple Gold Mines (TSXV: MGM) has emerged as a compelling exploration story in Quebec's Abitibi Greenstone Belt following the successful completion of its most substantial drilling program in nearly two years. The company's 2025 winter drilling campaign at its flagship Douay Gold Project delivered exceptional results that validate management's strategy to build a multi-million ounce gold district.The 12,240-meter program achieved a remarkable 100% success rate, with gold mineralization intersected in all 21 holes while coming in under budget at $300 per meter versus $400 budgeted. Standout results included 4.87 g/t gold over 15 meters in the 531 Zone and 2.21 g/t gold over 31 meters in the Nika Zone, representing significant step-outs that extend mineralization 200-600 meters below current resource pit shells.President and CEO Kiran Patankar emphasized the systematic approach: "When you have consistency, when you hit gold in every hole, when you are doing bolder stepouts... having 100% success rate while executing properly, being under budget, having a great cost saving and safety performance, all that stuff is important when you have a major partner."Maple Gold currently controls over 3 million ounces of gold resources at Douay, positioning it among fewer than 20 companies that fully own multi-million ounce projects in Canada. The company is targeting expansion to 5 million ounces through continued exploration, with both high-grade zones remaining open in multiple directions.The development strategy balances scale with economics, envisioning an initial 100,000-150,000 ounce annual operation that leverages current gold prices above $3,300 per ounce. Following restructuring to 100% ownership, Maple Gold maintains strategic partnership benefits with Agnico Eagle while gaining operational control for more efficient capital deployment. With a resource update planned by year-end 2025 and potential preliminary economic assessment by early 2026, the company is well-positioned to advance toward development in Quebec's premier mining jurisdiction.View Maple Gold Mines' company profile: https://www.cruxinvestor.com/companies/maple-gold-mines-ltdSign up for Crux Investor: https://cruxinvestor.com

CruxCasts
Maple Gold Mines' (TSXV:MGM) Turnaround: 100% Ownership, 46% Leaner, and Agnico at Its Side

CruxCasts

Play Episode Listen Later Jun 5, 2025 26:14


Interview with Kiran Patankar – President, CEO & Director, Maple Gold Mines Our previous interview: https://www.cruxinvestor.com/posts/maple-gold-mines-tsxvmgm-drill-results-show-path-to-5moz-resource-7008Recording date: 4 May 2025Maple Gold Mines has emerged as a compelling turnaround story in Quebec's premier Abitibi gold region, demonstrating how operational discipline and strategic partnerships can unlock value in today's elevated gold price environment. Under CEO Kiran Patankar's leadership over the past 18 months, the Canadian exploration and development company has transformed from what he describes as "a stagnant and somewhat bloated company" into an efficient operation positioned for growth.The operational restructuring has been dramatic. General and administrative costs have been slashed by 46%, with the company now operating on just $150,000 monthly cash burn while delivering improved exploration results. Drilling efficiency has improved 25%, reducing costs from $400 to $300 per meter and allowing expanded programs within existing budgets. These improvements have translated into renewed market interest, with daily trading volumes increasing from 150,000 to over 600,000 shares following recent drill results.Central to Maple Gold's value proposition is its strategic partnership with Agnico Eagle, one of Canada's premier gold producers and the company's largest shareholder. This relationship provides technical expertise, potential processing solutions, and validation of project quality. "It's a benefit to Maple and Maple shareholders to have the strong partnership that we have," Patankar noted, emphasizing the alignment of interests.The company owns 100% of 3 million ounces of gold resources across district-scale projects in Quebec's Abitibi region, representing a significant shift from previously owning only 50% of assets. Recent drilling has demonstrated expansion potential, with systematic exploration targeting both near-mine growth and district-scale discoveries.Perhaps most intriguingly, Maple Gold is pursuing a dual strategy of continued exploration alongside development studies for smaller-scale production scenarios of 100,000-150,000 ounces annually. This approach could generate cash flow to self-fund future exploration, breaking the traditional junior mining cycle of continuous dilution.Trading at $8 per ounce with a $40 million market cap despite gold prices above $3,300, Maple Gold appears significantly undervalued compared to historical metrics when the company traded at $150 million with only 50% asset ownership at $1,800 gold prices.Learn more: https://www.cruxinvestor.com/companies/maple-gold-mines-ltdSign up for Crux Investor: https://cruxinvestor.com

CruxCasts
Permitted, Backed, and Building: Osisko Development's (TSXV:ODV) Fast-Track to 200,000 oz Gold

CruxCasts

Play Episode Listen Later Jun 5, 2025 23:07


Interview with Sean Roosen, Founder & CEO of Osisko Development Corp.Our previous interview: https://www.cruxinvestor.com/posts/osisko-development-tsxvodv-permitted-cariboo-project-towards-becoming-500000-oz-gold-camp-6379Recording date: 4th June 2025Osisko Development Corporation presents a compelling investment opportunity as one of only two fully permitted gold mines in Canada, positioning the company to capitalize on gold's strategic renaissance while benefiting from exceptional project economics and proven management execution.Project FundamentalsThe Cariboo Gold project in British Columbia represents a rare permitted asset in an increasingly constrained development environment. With construction permits secured in under 5 years compared to the industry average of 14 years, Osisko Development has overcome the primary hurdle facing gold developers. The project targets initial production of 200,000 ounces annually from a 5,000 ton per day operation, requiring $650 million capex versus competitors demanding $6.5 billion.The deposit contains 2 million ounces in reserves at 3.8 grams per ton, significantly exceeding comparable Canadian operations like Alamos' Young Davidson mine at 2.2 g/t and Agnico's Goldex at 1.52 grams. Cariboo's additional resources include 1.6 million ounces measured and indicated plus 1.8 million ounces inferred, spanning a 4.4 kilometer strike within a 50 kilometer mineralized trend under company control.Superior EconomicsProduction economics appear robust with costs targeting $1,157 per ounce, generating substantial margins at current gold prices exceeding $2,400. At these levels, the operation projects annual free cash flow of $457 million, providing significant financial flexibility.Construction activities are underway with 1,200 meters of underground development completed and critical equipment secured. The company has invested $700 million to date with over 700,000 meters of drilling, demonstrating development thoroughness that reduces execution risk.Proven Management Track RecordCEO Sean Roosen brings exceptional credibility through his track record building Canadian Malartic, which became Canada's largest gold mine. After selling that asset for $4.1 billion in 2014, now the  mine represents $22 billion of Agnico Eagle's valuation. This value creation extends across the Osisko platform, including Osisko Mining's $2.16 billion sale to Gold Fields.Scaling and M&A PotentialThe project offers significant expansion potential through phased development, potentially reaching 500,000 ounces annually. Management envisions scaling from 5,000 to 15,000 tons per day processing rates, supported by the deposit's exceptional size. As Roosen noted, "You could put all three of those mines [Young Davidson, Goldex, and Landronne] in the footprint of this deposit and still have room for one more Young Davidson."The company operates with a $375 million market capitalization and benefits from strategic shareholder support, with investors holding 24% and 9.9% stakes respectively. Industry consolidation trends favor quality assets like Cariboo Gold, with management noting that "If I look at all the top 10 M&A ideas that come out, ODV is always on the list."Near-Term CatalystsProject financing announcements expected within two months should significantly de-risk the investment while potentially providing share price catalysts. The G Mining precedent, which achieved a $4.3 billion valuation after successful project development, demonstrates potential upside for executed development stories.Osisko Development represents leveraged exposure to gold's strategic importance through a rare permitted asset with superior economics, proven management, and multiple value creation pathways.View Osisko Development's company profile: https://www.cruxinvestor.com/companies/osisko-developmentSign up for Crux Investor: https://cruxinvestor.com

CruxCasts
Abitibi Metals (CSE:AMQ) - Unlocking an 18.5Mt Copper-Gold Asset Hidden for 20 Years

CruxCasts

Play Episode Listen Later Jun 4, 2025 21:33


Interview with Jon Deluce, Founder & CEO of Abitibi Metals Corp.Recording date: 3rd June 2025Abitibi Metals Corp (CSE:AMQ) presents a compelling copper development opportunity through its control of Quebec's B26 deposit, a substantial resource that recently entered public markets for the first time after two decades of government development. The company's combination of asset scale, jurisdictional advantages, and patient capital positioning addresses key investor priorities in the current copper market environment.*Asset Quality and Scale*The B26 deposit represents one of Canada's larger undeveloped copper resources, with 18.5 million tons grading 2.18% copper equivalent. Located in Quebec's established mining region, the asset benefits from strong metallurgical characteristics including 98% copper recovery and 90% gold recovery rates. Significant gold credits in inferred resources enhance overall project economics while expanding potential acquirer interest beyond traditional copper companies.The deposit's technical profile ranks in the top 10% of VMS opportunities globally according to management, with a 1.6-kilometer continuous strike length open in both directions. This expansion potential distinguishes B26 from typical junior-developed assets, as systematic exploration has been limited during its government development phase.*Financial Strength and Deal Structure*Abitibi maintains exceptional financial positioning with $18.4 million cash funding operations through Q1 2027, eliminating near-term dilution pressure. Abitibi Metals completed and confirmed in collaboration with its partner SOQUEM that all requirements to earn a 50% interest in the B26 Polymetallic deposit have been successfully fulfilled. The company has completed over $10 million of its $14.5 million work commitment to progress 80% ownership of B26 ahead of schedule.  This partnership structure provides both government backing and clear pathways to 100% ownership while aligning with Quebec's economic development objectives. The province's mining-friendly regulatory environment and established infrastructure reduce development risk compared to more remote or jurisdictionally challenging locations.*Operational Development and Strategy*CEO Jon Deluce brings relevant industry experience including operational exposure with Kirkland Lake Gold and Barrick, while recent executive additions from O3 Mining and Agnico Eagle strengthen the team's development credentials. The company has transitioned from contractor reliance to full-time operational capabilities, addressing previous execution challenges that impacted market performance.Abitibi's immediate drilling program targets 400-1,000 meter depths using directional techniques to optimize cost efficiency while testing both near-term economic zones and longer-term expansion potential.Investors OutlookThe company's current valuation at approximately half its cash position suggests significant disconnect between asset quality and market recognition. Management is pursuing multiple value catalysts including engineering studies to demonstrate economic viability, aggressive resource and  expansion drilling.Quebec's advantages as a tier-one jurisdiction become increasingly valuable as supply chain security concerns drive premiums for politically stable copper sources. With limited comparable opportunities in the Canadian market and growing institutional interest in copper-gold assets, Abitibi's combination of resource scale, financial strength, and jurisdictional security positions the company favorably for revaluation as operational catalysts unfold through 2025.View Abitibi Metals' company profile: https://www.cruxinvestor.com/companies/abitibi-metalsSign up for Crux Investor: https://cruxinvestor.com

Mining Stock Education
Agnico Eagle Invests in Fury Gold Mines to Fund Drilling at Committee Bay explains CEO Tim Clark

Mining Stock Education

Play Episode Listen Later May 28, 2025 18:24


“We are pleased to have Agnico Eagle, one of Canada's premier companies and a top global gold producer, make an additional investment that will permit Fury to advance our understanding of the exploration potential at our Committee Bay project in Nunavut,” commented Tim Clark, CEO of Fury. “We believe the Arctic is likely to become increasingly important for future mineral exploration and with this in mind, we are excited to accelerate our plans to build on past drilling success. As a reminder to investors, Fury retains full ownership of this exceptional project, which spans a 300km greenstone belt—an impressive land package that is unique for a junior exploration company.” Fury announced that it has entered into a subscription agreement with Agnico Eagle Mines Limited pursuant to which Agnico Eagle has acquired, on a non-brokered private placement basis, 6,728,000 units in the capital of Fury at C$0.64 per unit for gross proceeds of C$4,305,920. Each unit consists of one common share of Fury and one common share purchase warrant. Each Warrant is exercisable to purchase one share at C$0.80 for a 36-month period from the date of issuance on May 26, 2025. Sponsor: https://furygoldmines.com/ Ticker: FURY Press Releases discussed: https://furygoldmines.com/fury-announces-c4-3m-strategic-investment/ 0:00 Intro 0:43 $AEM invests in $FURY 5:18 Agnico to fund Committee Bay project drilling 7:44 Summer drilling programs 10:14 Kipawa rare earths project 13:54 Treasury Sign up for our free newsletter and receive interview transcripts, stock profiles and investment ideas: http://eepurl.com/cHxJ39 Sponsor Fury Gold Mines pays MSE a United States dollar seven thousand per month coverage fee. The forward-looking statement found in Fury Gold's most-recent presentation found at www.FuryGoldMines.com applies to everything discussed in this interview. Mining Stock Education (MSE) offers informational content based on available data but it does not constitute investment, tax, or legal advice. It may not be appropriate for all situations or objectives. Readers and listeners should seek professional advice, make independent investigations and assessments before investing. MSE does not guarantee the accuracy or completeness of its content and should not be solely relied upon for investment decisions. MSE and its owner may hold financial interests in the companies discussed and can trade such securities without notice. MSE is biased towards its advertising sponsors which make this platform possible. MSE is not liable for representations, warranties, or omissions in its content. By accessing MSE content, users agree that MSE and its affiliates bear no liability related to the information provided or the investment decisions you make. Full disclaimer: https://www.miningstockeducation.com/disclaimer/