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Bitcoin broke past $100,000, but that doesn't mean Bitcoin mining was all smooth sailing. We dug into this week's stories, including layoffs and basement Bitcoin mining.Welcome back to the Mining Pod! We jump into Foundry's 27% workforce reduction, Marathon's wind farm acquisition, and Mawson's bankruptcy troubles. Plus, analysis of mining industry financing trends and a humorous take on illegal university mining operations in Poland. Also, happy $100,000 Bitcoin!
Live from Top Shelf Partners' Commodities Global Expo 2024 in Fort Lauderdale, Metallic Minerals (TSX.V: MMG | OTCQB: MMNGF) President Scott Petsel discusses the company's unique position in the critical minerals sector. With two world-class assets and an alluvial gold royalty portfolio generating revenue, Metallic Minerals stands apart in the junior mining space.The company's La Plata Project in Colorado hosts 1.2 billion pounds of copper and 17 million ounces of silver, with significant growth potential across 16 untested targets. Adding to the story, Metallic Minerals has attracted attention from major mining player Newmont Corporation, fostering a growing strategic relationship.Watch the full interview to learn how Metallic Minerals is advancing its portfolio of essential and critical minerals projects, upcoming milestones, and why now might be the best time for investors to take notice.Learn more about Metallic Minerals: https://metallic-minerals.comWatch the full YouTube interview here: https://www.youtube.com/watch?v=LoDMdNARRt0And follow us to stay updated: https://www.youtube.com/@GlobalOneMedia?sub_confirmation=1
Interview with Robert Wrixon, Executive Director of Nordic ResourcesOur previous interview: https://www.cruxinvestor.com/posts/nordic-nickel-asxnnl-advancing-projects-in-finland-to-fill-nickel-supply-as-ev-boom-accelerates-5441Recording date: 4th December 2024Nordic Resources, a junior exploration company focused on copper and nickel in Finland's Central Lapland Greenstone Belt (CLGB), presents a compelling investment case for those seeking exposure to the burgeoning battery metals sector. With a vast land package of 240 sq km in a highly prospective yet underexplored region, Nordic is well positioned to make significant discoveries and help meet Europe's growing demand for critical raw materials.The company's flagship asset is the Hotinvaara deposit, where a maiden resource already positions Nordic as the owner of the largest undeveloped nickel-cobalt resource in the EU. Recent metallurgical test work has demonstrated the potential for Hotinvaara to produce a high-grade nickel concentrate at good recoveries, enhancing the project's economic viability. Over the next 12 months, Nordic plans to optimize these metallurgical parameters while completing a scoping study to establish preliminary project economics and position the asset for EU development funding.But the real blue sky potential lies in Nordic's extensive regional land package. With six additional exploration permits expected to be granted shortly, the company will control approximately 25 km of strike along the prospective eastern limb of the CLGB's Pulju belt. Nordic is employing a range of low-cost, systematic exploration techniques to identify and prioritize drill targets, including relogging of historic drill core, geochemical and geophysical data compilation, and structural analysis.This disciplined approach to exploration allows Nordic to rapidly advance its project pipeline and make new discoveries at a fraction of the cost of drilling. Importantly, the company is able to continue this critical work even in a challenging market environment. As Executive Director Robert Wrixon notes, "There's also no need to spend lots of money when you don't really need to and there's a clear path forward on what might sound a little bit boring like geophysics."Nordic is also actively pursuing strategic partnerships and alternative financing options to accelerate its exploration efforts. While such deals may result in some dilution, they would provide the capital necessary to undertake more aggressive programs such as deep drilling to test the full potential of the system. With its large, prospective land package in a Tier-1 jurisdiction, Nordic should be well placed to attract investment from larger players looking to secure future supplies of critical battery metals.The company is also positioning itself to benefit from emerging EU funding opportunities as the bloc looks to develop secure, domestic supplies of raw materials for its growing EV and battery storage industries. With its strategic location and significant resource base, Nordic is an attractive candidate for this type of development capital.In summary, Nordic Resources represents a unique investment opportunity in the battery metals space. With a large, highly prospective land package, a maiden nickel-cobalt resource, and a clear path to value creation, the company is well positioned to deliver shareholder returns as the EV revolution accelerates. As the saying goes, "the best place to find a new mine is near an existing one." In the mineral-rich CLGB of Finland, Nordic may be on the cusp of doing just that.View Nordic Resources' company profile: https://www.cruxinvestor.com/companies/nordic-nickelSign up for Crux Investor: https://cruxinvestor.com
Interview with Dev Randhawa, Chairman & CEO of F3 Uranium Corp.Our previous interview: https://www.cruxinvestor.com/posts/f3-uranium-tsxvfuu-high-grade-discovery-strategic-spin-out-fuel-athabasca-basin-exploration-5715Recording date: 4th December 2024F3 Uranium (TSXV:FUU) announced a major milestone at its flagship JR Zone uranium project in Saskatchewan's Athabasca Basin, with recent drilling hitting 50% U3O8 grades over 4 meters. CEO Dev Randhawa called it "one of the best holes we've heard in a long time."The JR Zone discovery is 12 km from NextGen Energy's Arrow deposit and Fission Uranium's Triple R. Initial estimates suggest 20-25 million pounds of high-grade uranium. Randhawa believes JR Zone is part of a larger system, with high boron values indicating additional mineralization at depth. Proving up multiple pods could spark M&A interest.F3 is well-funded to explore this expansion potential, with $8 million to drill through spring and $18 million cash beyond that. The project's location provides key advantages. Nearby mills being considered by NextGen and Paladin Energy as well as a year-round access road make JR Zone's pounds more valuable in Randhawa's view.He sees high-grade deposits like JR Zone as critical to fill a projected supply deficit as nuclear power grows. Global uranium output has been stagnant since the 1970s as grades declined. With China alone expecting to need 100 million pounds per year by 2035, Randhawa believes "grade is king" and the Athabasca Basin is the world's premier uranium jurisdiction.While uranium markets have been depressed, Randhawa sees a perfect storm ahead. He argues the renewables game is up and nuclear offers an attractive baseload alternative. However, supply remains uncertain with political risks around major producers like Kazakhstan. "The industry could never handle a true sanction," he warned, noting 40% of global processing is done there.Randhawa expects uranium prices to react like a rubber band as catalysts emerge, creating opportunities for F3 Uranium. The company's strong financial position, high-grade discovery, strategic location, and experienced technical team make it well positioned to create value in an improving market.View F3 Uranium's company profile: https://www.cruxinvestor.com/companies/f3-uranium-corpSign up for Crux Investor: https://cruxinvestor.com
Interview with Dr. Mike Jones, MD of Impact Minerals Ltd.Our previous interview: https://www.cruxinvestor.com/posts/impact-minerals-asxipt-set-to-disrupt-hpa-market-with-innovative-low-cost-process-6189-0b382Recording date: 5th December 2024Impact Minerals (ASX:IPT) is advancing its Lake Hope high purity alumina (HPA) project in Western Australia, positioning itself to meet growing demand for this crucial material in the energy transition. HPA, which is aluminum oxide with at least 99.99% purity, is essential for LED lighting, lithium-ion batteries, and sapphire glass applications used in smartphones and military equipment.The Lake Hope project stands out for its remarkably simple mining approach. The resource consists of aluminous clay material located in a salt lake bed, requiring only shallow mining to a depth of 1-2 meters. This "dig and deliver" model eliminates the need for crushing or explosives, significantly reducing operational complexity and costs.The company plans to process the mined material at a facility in Perth, strategically located next to a hydrochloric acid plant. This proximity ensures ready access to key reagents, including hydrochloric acid and potassium hydroxide. Impact's team has developed an innovative processing circuit that addresses one of the main challenges in HPA production – acid consumption. Their solution cuts acid usage in half compared to competing projects, making the process more economical and sustainable.Preliminary economic assessments show promising results, with an estimated NPV exceeding A$1 billion, capital expenditure of A$250 million, and operating costs around US$4,000 per tonne of HPA. The company is progressing toward key milestones, including completion of a Pre-Feasibility Study in Q2 2025 and the commissioning of a pilot plant by mid-2025. The pilot facility will produce kilogram-scale quantities of HPA for potential customer testing.Looking ahead, Impact is considering various scale-up options, potentially targeting 10,000 tonnes per annum of HPA production. However, management is contemplating a staged approach, possibly building multiple smaller plants rather than one large facility, to manage technical risk and capital requirements effectively.The global HPA market, currently estimated at 70,000-80,000 tonnes annually, remains relatively opaque with only a handful of suppliers. Impact Minerals' success will depend on proving its technology, securing offtake agreements, and attracting capital investment. The situation mirrors the lithium market a decade ago, with rising demand but limited transparency in supply and pricing. Companies that can successfully navigate these challenges while maintaining cost discipline and meeting development timelines will be well-positioned to capture the growing market opportunity.View Impact Minerals' company profile: https://www.cruxinvestor.com/companies/impact-mineralsSign up for Crux Investor: https://cruxinvestor.com
Interview with Joanne Jobin, Principal & Founder of IR.INC & VID Media Inc and THE Mining Investment Event of the NorthRecording date: 3rd December 2024Since it's inception in 2022, THE Mining Investment Event of the North, hosted each June in Quebec City, has quickly becoming a must-attend conference for mining companies and investors worldwide. The event has seen impressive 150% growth in just a few short years, attracting a wide range of participants from major mining firms to qualified investors.One of the conference's main draws is the opportunity for investors to connect directly with a large number of prominent mining companies in a focused setting. Last year, 16 companies with billion-dollar-plus market caps presented on the main stage, and this year's lineup is shaping up to be even stronger. The conference has already confirmed 100 companies to present, and organizers expect to host 300 qualified investors from family offices, funds, and brokerage firms, primarily from the US and Europe.In addition to main stage presentations, the event provides ample opportunities for one-on-one meetings between investors and mining companies. Each company is given a private meeting room, allowing investors to easily move from one meeting to the next. The conference also fosters a strong sense of community through inclusive evening events, creating an atmosphere conducive to relationship building.The event's agenda is carefully crafted to address the most pressing issues and opportunities in the mining industry. With growing concerns around critical metals and the rapid expansion of green energy technologies, the conference has made these topics a central focus. This year's event will feature a dedicated Critical Metals Day, complete with expert speakers and panels on subjects like copper and transition energy metals.Sustainability and diversity are also core values for The Mining Investment Event Of The North. This year's conference will feature the first women's indigenous business panel, highlighting the important role of indigenous communities in the mining industry. The event also sponsors 50 students from across Canada to attend each year, providing valuable learning and networking opportunities for the next generation of mining professionals.As the Mining Investment Event continues to grow and evolve, it is cementing its position as a premier destination for mining companies and investors to connect, share knowledge, and drive the industry forward. With a strong focus on critical minerals, sustainability, and indigenous engagement, the conference is well-positioned to help shape the future of mining in Canada and beyond.
A CEO is arrested for turning satellite receivers into DDoS attack weapons, and we journey into the world of bossware and "affective computing" and explore how AI is learning to read our emotions – is this the future of work, or a recipe for dystopia?All this and more is discussed in the latest edition of the "Smashing Security" podcast by cybersecurity veterans Graham Cluley and Carole Theriault.Warning: This podcast may contain nuts, adult themes, and rude language.Episode links:Korea arrests CEO for adding DDoS feature to satellite receivers - Bleeping Computer.Data on our minds: affective computing at work - IFOW. How Much Does 'Bossware' Really Curb Remote Work Slacking? - Inc. MN8 – 2 Channel EEG Headphones - Emotiv.Commercial EEG Headsets for Enterprises - Emotiv.‘Bossware' computer tracking devices harm workers' wellbeing, says report - The Times.Your Company's Bossware Could Get You in Legal Trouble - 1Password.The Abandoned, Apocalyptic Architecture of One Bold 1970s Retail Chain - Atlas Obscura.Bankrupt - BEST Products Co. - YouTube.Defunct BEST Products Store Architecture Documentary - YouTube.Play Winning Cribbage - Amazon.Cribbage Classic - iOS App Store.Smashing Security merchandise (t-shirts, mugs, stickers and stuff)Sponsored by:1Password Extended Access Management – Secure every sign-in for every app on every device.BlackBerry - Tune in and empower your team with the knowledge to stay connected, no matter what crisis. Learn more about BlackBerry's critical event management solutions.ThreatLocker - the Zero Trust endpoint protection platform that provides enterprise-level cybersecurity to organizations globally. Start your 30-day free trial today!SUPPORT THE SHOW:Tell your friends and colleagues about “Smashing Security”, and leave us a review on
Interview with Oliver Dachsel, SVP Capital Markets of Aris Mining Corp.Recording date: 3rd December 2024Aris Mining, a Canadian gold mining company, is positioned for significant expansion with plans to double its production within two years through a fully funded and permitted growth strategy. The company, formed in September 2022 through the merger of Gran Colombia Gold and Aris Gold, operates under the leadership of CEO Neil Woodyer, known for his successful track record of growing Endeavour Mining into a multi-billion dollar producer.The company's growth strategy centers on two key Colombian assets. The Segovia mine, recognized as the world's highest-grade underground gold mine with a reserve grade of 10.8 g/t Au, is undergoing a major expansion. The project will increase throughput from 2,000 to 3,000 tonnes per day by Q1 2025, boosting annual production to 300,000 ounces by 2026, up from 190,000 ounces in the last quarter. This expansion, costing just $15 million, is already more than 50% complete.Simultaneously, Aris is developing a new lower mine at its Marmato property, which will transform the operation into a modern, large-scale mine producing 162,000 ounces annually over a 20-year life span at an all-in sustaining cost of $1,200 per ounce. The company's long-term pipeline includes the high-grade Soto Norte project, which hosts 8.5 million ounces of gold at 5.5 g/t, potentially pushing total production beyond 500,000 ounces per year.Financially, Aris Mining maintains a solid position with $266 million in cash and $233 million in net debt following a recent $450 million senior notes issuance at 8% interest. The company's leverage ratio of 1.6x last twelve months EBITDA ($147 million) is expected to improve significantly as expansion projects come online, with analyst consensus forecasting EBITDA to exceed $300 million in 2025 and $500 million by 2026.Despite its strong growth prospects, Aris trades at a significant discount to peers, with a market capitalization of US$630 million representing just 4x projected 2025 EBITDA, compared to mid-tier peer multiples of 8-12x. This valuation gap could close as the company executes its growth strategy and benefits from favorable gold market conditions, supported by persistent inflation, geopolitical risks, and central bank buying.The company's low-cost operations, with all-in sustaining costs in the lowest industry quartile at approximately $1,200 per ounce, position it to benefit significantly from current gold prices around $2,500 per ounce, potentially driving substantial margin expansion and free cash flow generation as its growth projects come online.View Aris Mining's company profile: https://www.cruxinvestor.com/companies/aris-mining-corpSign up for Crux Investor: https://cruxinvestor.com
Interview with Caedmon Marriott, Managing Director of Western Mines GroupOur previous interview: https://www.cruxinvestor.com/posts/nickel-about-to-get-shoved-upwards-by-funds-4741Recording date: 4th of December, 2024Western Mines Group is making significant strides in developing its Mulga Tank nickel sulphide discovery in Western Australia, positioning itself to meet the growing demand for battery-grade nickel. Since its IPO in July 2021, the company has completed an extensive drilling campaign of 81 holes totaling 36,000 meters, revealing a substantial nickel sulphide system with dual potential for both large-scale and high-grade resources.The company's systematic exploration has confirmed Mulga Tank as a significant Type 2 disseminated nickel sulphide system, with potential to host 3 to 5 million tons of contained nickel. More importantly, recent drilling has yielded 23 intersections above 1% nickel, with grades reaching up to 4.5% in semi-massive sulphides, suggesting the presence of valuable high-grade zones within the broader system.Managing Director Caedmon Marriott highlights the significance of these high-grade findings, noting that if the company can prove up shallow pods of 30,000-50,000 tons of nickel at 1.5% to 2% grade in the top couple hundred meters, it could enable Western Mines to become a junior producer without requiring the substantial capital expenditure typically associated with large, low-grade operations.The Mulga Tank project, located under 60 meters of sand cover, had limited historical exploration despite 10 out of 12 previous holes intercepting nickel sulphide mineralization. Western Mines has invested approximately A$9 million in exploration to date, adopting a strategic approach that combines systematic step-out drilling with targeted infill drilling to define both the system's extent and high-grade zones.With a current market capitalization of $15 million, Western Mines sees significant upside potential as it advances toward resource definition and metallurgical studies. The company's focus on a stable, mining-friendly jurisdiction positions it favorably to meet growing demand for ESG-compliant nickel supply, particularly from the electric vehicle and renewable energy storage sectors.The project's advancement comes at a crucial time in the nickel market, where supply chain security and environmental compliance are becoming increasingly important. Unlike the majority of global nickel production from laterite deposits in countries like Indonesia and the Philippines, Mulga Tank represents a potential new source of sulphide nickel in a tier-one jurisdiction, addressing growing concerns about secure and environmentally responsible nickel supply for the battery sector.Learn more: https://www.cruxinvestor.com/companies/western-mines-groupSign up for Crux Investor: https://cruxinvestor.com
Interview with Chris Doornbos, President & CEO of E3 Lithium Ltd.Our previous interview: https://www.cruxinvestor.com/posts/e3-lithium-tsxvetl-pioneering-lithium-development-in-the-heart-of-canadas-energy-industry-5064Recording date: 2nd December 2024E3 Lithium represents a compelling opportunity in the North American critical minerals sector, developing what could become one of the region's largest lithium production facilities in Alberta, Canada. The company's Direct Lithium Extraction (DLE) project aims to begin production by 2027-2028, leveraging existing oil and gas infrastructure and strong government support.The company's resource base of 16 million tonnes of lithium carbonate equivalent (LCE) - five times larger than all other Canadian lithium resources combined - provides significant scale potential. E3 has adopted a phased development approach, initially targeting 10,000-12,000 tonnes annual production instead of the originally planned 32,000 tonnes, demonstrating prudent capital management and risk mitigation.Financial positioning is robust, with $23 million in cash and $37 million in federal and provincial grants secured. Importantly, the project qualifies for Canada's 30% Investment Tax Credit on capital expenditure, substantially reducing the financing burden. Operating costs are projected at $6,200 per tonne against current market prices of $10,000-12,000/tonne, suggesting healthy margins even in the current softer price environment.The company's DLE technology, under development since 2017, benefits from Alberta's established regulatory framework for resource extraction. Rather than facing traditional mining permits, the project falls under oil and gas regulations, potentially streamlining the development timeline.Strategic partnership potential is significant, with E3 actively engaging automotive, battery, oil and gas, and mining companies for project-level investment. Recent sector moves by major players like Rio Tinto's acquisition of Arcadium and General Motos (GM)'s investment in Thacker Pass validate growing institutional confidence in the lithium sector.Key investment considerations include:Scale Advantage: Largest measured and indicated lithium resource in Canada, supporting multiple potential projects.Strong Financial Position: Funding secured plus 30% Investment Tax Credit eligibility.Strategic Location: Established energy province with existing infrastructure.Technical De-risking: DLE technology validated since 2017 with demonstration plant pending.Market Position: Early mover potential in North American supply with multiple strategic partnership opportunities.The macro environment strongly supports domestic lithium development, driven by supply chain security concerns and growing Western emphasis on reducing dependency on Chinese processing capacity (currently 70-80% of battery-grade lithium). Government policy and funding support reflect lithium's critical mineral status.E3's approach of repurposing existing oil and gas infrastructure for critical mineral production could provide a template for future North American resource development. While market conditions remain challenging, the company's robust fundamentals and strategic positioning suggest potential for significant value creation as North American lithium supply chains develop.Management's focus on securing strategic partnerships at the project level rather than corporate equity investment demonstrates a commitment to minimizing dilution while maximizing long-term value potential. The phased development approach and strong government support provide multiple paths to value realization.View E3 Lithium's company profile: https://www.cruxinvestor.com/companies/e3-lithiumSign up for Crux Investor: https://cruxinvestor.com
Interview with Brett Heath, Director & CEO of Metalla Royalty & Streaming Ltd.Our previous interview: https://www.cruxinvestor.com/posts/metalla-royalty-tsxvmta-a-growing-precious-metals-and-copper-royalty-company-to-watch-for-5043Recording date: 3rd December 2024Metalla Royalty is a mining royalty company focused on gold, silver, and copper assets across the Americas and Australia. The company has built a portfolio of 101 assets through 32 transactions since 2016 and is entering a "harvesting phase" as many of its properties begin production. They expect to double their gold equivalent ounces production by 2025, with additional growth projected for 2026-2027.The company is now entering what CEO Brett Heath describes as a "harvesting phase" after years of aggressive portfolio building. Production forecasts highlight this transition, with Metalla expecting to double its output in 2025 compared to 2024 levels. By 2027, the company aims to achieve 8,000-10,000 gold equivalent ounces of annual production, with potential to double again within the following 2-3 years as key assets like Endeavor and Cote begin operations.A distinguishing feature of Metalla's strategy is its emphasis on long-term sustainability. The company's top 10 assets boast a combined reserve life exceeding 20 years, the highest among junior and mid-tier royalty companies. This extensive reserve life ensures consistent returns across various commodity price cycles and market conditions.Despite its impressive portfolio growth, Metalla continues to pursue expansion opportunities. The company has identified a sweet spot in the market, targeting transactions between $50-200 million – a range increasingly overlooked by larger industry players who focus on deals above $300 million. This positioning could enable Metalla to become a leading mid-tier royalty consolidator.The royalty and streaming business model offers investors a unique advantage in the precious metals sector. Unlike traditional mining companies, royalty firms provide upfront capital in exchange for rights to future metal production at preset prices, creating leveraged exposure to metal prices while avoiding operational risks and capital-intensive mining operations.With a current market capitalization of US$273 million, Metalla appears undervalued given its growth trajectory and high-quality asset base. The company's growth strategy aligns with industry trends, where mid-tier royalty companies are scaling up to attract institutional capital, with Heath noting that a $5 billion valuation is now necessary to draw significant investment from outside the sector.Sign up for Crux Investor: https://cruxinvestor.com
A story splashed across the front of News Corp's biggest-selling tabloid newspapers this week was all about gas. We need to ‘step on the gas', the papers said, to avoid higher bills and blackouts. But the ‘special report' was actually ‘proudly sponsored' by the fossil fuel industry.Bridie Jabour talks to Guardian Australia's editor, Lenore Taylor, and deputy editor Patrick Keneally about how the mining industry – and the media – are trying to shape the election agenda
The Bitcoin Brief is a show hosted by Max and Bitcoin QnA. We cover important updates in the world of bitcoin and open source software. It is our imperative to provide some education along the way too, so that the misfits can expand their knowledge base and become more sovereign as a result. We do this every second week to keep our listeners informed without having to dedicate hours every day to keep on top of developments. We break things down in a simple and fun way and we welcome questions or topic suggestions via Podcasting 2.0 boosts.SHOW DETAILSAOBMore Foundation teasersNEWSAppeals court overturns Tornado Cash sanctionsSamourai + Tornado Cash prosecutor to step downBTClock repository back onlineMining for SamouraiUPDATES/RELEASESEnvoy v1.8.5UmbelOS v1.3Phoenix Android v2.4.3 (and 2.4.4)Phoniex iOS v2.4.3Bitcoin Keeper v1.2.20ESP Miner v2.4Robosats v0.7.3-alphaBisq v1.9.18BlueWalelt v7.0.5Zeus v0.9.3 beta2Fountain v1.1.8BitAxe mining dashboardRewind BitcoinPhoenix server lightning walletLopp released a new guide for node operatorsLifPay announces new reusable payment QR with fixed amountsFlotillaBTC Sessions BTCPay videoAmethyst v0.9.3Notedeck alphaIMPORTANT LINKS https://freesamourai.comhttps://p2prights.org/donate.htmlhttps://ungovernablemisfits.comSPONSORSFOUNDATIONhttps://foundation.xyz/ungovernableFoundation builds Bitcoin-centric tools that empower you to reclaim your digital sovereignty.As a sovereign computing company, Foundation is the antithesis of today's tech conglomerates. Returning to cypherpunk principles, they build open source technology that “can't be evil”.Thank you Foundation Devices for sponsoring the show!Use code: Ungovernable for $10 off of your purchaseCAKE WALLEThttps://cakewallet.comCake Wallet is an open-source, non-custodial wallet available on Android, iOS, macOS, and Linux.Features:- Built-in Exchange: Swap easily between Bitcoin and Monero.- User-Friendly: Simple interface for all users.Monero Users:- Batch Transactions: Send multiple payments at once.- Faster Syncing: Optimized syncing via specified restore heights- Proxy Support: Enhance privacy with proxy node options.Bitcoin Users:- Coin Control: Manage your transactions effectively.- Silent Payments: Static bitcoin addresses- Batch Transactions: Streamline your payment process.Thank you Cake Wallet for sponsoring the show!VALUE FOR VALUEThanks for listening you Ungovernable Misfits, we appreciate your continued support and hope you enjoy the shows.You can support this episode using your time, talent or treasure.TIME:- create fountain clips for the show- create a meetup- help boost the signal on social mediaTALENT:- create ungovernable misfit inspired art, animation or music- design or implement some software that can make the podcast better- use whatever talents you have to make a contribution to the show!TREASURE:- BOOST IT OR STREAM SATS on the Podcasting 2.0 apps @ https://podcastapps.com- DONATE via Paynym @ https://paynym.is/+maxbuybit- DONATE via Monero @ https://xmrchat.com/ugmf- BUY SOME CLOTHING @ https://ungovernablemisfits.com/store/- BUY SOME ART!! @ https://ungovernablemisfits.com/art-gallery/(00:00) INTRO(00:57) THANK YOU FOUNDATION(01:38) THANK YOU CAKE WALLET(02:44) The BitBuyBit's Are Sick(03:59) Christmas Eve Shopping with Max(06:52) MORE TEASING(09:32) NEWS(09:44) Tornado Cash Sanctions Overturned(12:10) Samourai & Tornado Cash Prosecutor to Step Down(16:51) Ocean Announces Support for Samourai via Mining(17:00) BTClock Repo is Back and Self Hosted(18:07) Free Advert for the Voltage Goat Nixie(19:42) BOOSTS(29:15) UPDATES & RELEASES(29:20) Just Some Bug Fixes in Envoy(29:42) Umbrel Adds Swappable Apps(31:28) New Sending Screen on Phoenix(32:32) Keeper's UI Heavy Update(34:13) Cake Wallet Adds Better Fee Estimation(34:58) ESP Miner's Laundry List of Changes(36:58) Fetching Orders Over Telegram on Robosats(38:00) QUESTIONS(38:04) BISQ Hot Fix(38:19) Blue Wallet Maintenance(39:20) ZEUS Pay Enhancements(39:52) Fountain Debuts Fountain Radio(42:31) Bart Mol and Co. Create Bitaxe Dashboard(44:26) REWIND Reverses Transactions(47:13) Zaprite Creates Wallet on Top of Phoenixd(49:51) Using UTXO Snapshots with Lopp(52:11) Lifpay Creates Novel Reusable Invoice Amounts(53:39) BTCPay by BTC SESSIONS(54:21) Amethyst Adds Blossom(54:57) Notedeck by Damus(55:38) QUESTIONS(55:42) Can People See My Paynym Transactions?(57:31) Business On Air
Una testimonianza preziosisima di David Marcus, ex CEO di Libra, ci racconta come i governi e la politica hanno ucciso il tentativo di Facebook di introdurre una valuta digitale globale, sottolineando come solo un protocollo autenticamente ditribuito, incesurabile e open source possa sconfiggere un monopolio. Esiste solo Bitcoin.Inoltre: Michael Saylor pubblica la sua presentazione a Microsoft, un nuovo paper dimostra come il minig di Bitcoin sia essenziale per realizzare nuovi parchi solari, arriva la stablecoin brasiliana costruita su taproot asset, e analizziamo il nuovo Bitcoin Popularity Index.It's showtime!
In this episode, we chat with Stuart McDonald, President and CEO of Vancouver headquartered Taseko Mines, a dynamic and growing mid-tier mining company, driven to unlock the true value of copper for a complex and changing world. The companies corporate strategy has been to grow the company sustainably and profitably by focusing on the continued operations of its foundational asset, the Gibraltar Mine in central British Columbia, and the advancement of North America's next copper mine, Florence Copper in Arizona - while also advancing its pipeline of advanced-stage development projects. Stuart is a senior corporate executive with more than 30 years of experience in mining, corporate development, financial and management roles. He shares his career and journey with us, the history of Taseko Mines, updates on projects, their ESG initiatives, and the future of copper in the coming decades. KEY TAKEAWAYS Taseko Mines is a mid-tier mining company focused on copper production, with its foundational asset being the Gibraltar mine in British Columbia and the upcoming Florence Copper project in Arizona, which is currently under construction. The Florence Copper project utilises in-situ copper recovery, which is a low-impact mining method that results in lower operating costs and a significantly reduced environmental footprint compared to traditional mining methods. Taseko prioritises environmental protection and community engagement, having developed a production test facility to demonstrate the viability of its mining method and to gain regulatory approval before scaling up to commercial production. The demand for copper is expected to grow significantly due to the global shift towards electrification and renewable energy, while the supply side faces challenges, potentially leading to a shortfall in copper availability by the mid-2030s. Taseko aims to transition from a single-mine to a two-mine company with the completion of the Florence project in late 2025, while also advancing the Yellowhead copper project through feasibility studies and permitting processes. BEST MOMENTS "I think we've got a great opportunity in the coming years to grow our business." "The Florence Project is pretty unique in the copper world. It's an in-situ copper recovery project." "We'll produce refined copper cathode with a carbon footprint about 80% less than a conventional copper mine." "It's going to be a very busy time for us in the next six to 12 months." VALUABLE RESOURCES Mail: rob@mining-international.org LinkedIn: https://www.linkedin.com/in/rob-tyson-3a26a68/ X: https://twitter.com/MiningRobTyson YouTube: https://www.youtube.com/c/DigDeepTheMiningPodcast Web: http://www.mining-international.org GUEST SOCIALS https://www.tasekomines.com/ https://www.facebook.com/TasekoMines https://x.com/TasekoMines https://www.youtube.com/channel/UCsydp9xsrB6KuZEwbFDsGHA https://www.instagram.com/tasekomines/ https://www.linkedin.com/company/taseko/ ABOUT THE HOST Rob Tyson is the Founder and Director of Mining International Ltd, a leading global recruitment and headhunting consultancy based in the UK specialising in all areas of mining across the globe from first-world to third-world countries from Africa, Europe, the Middle East, Asia, and Australia. We source, headhunt, and discover new and top talent through a targeted approach and search methodology and have a proven track record in sourcing and positioning exceptional candidates into our clients' organisations in any mining discipline or level. Mining International provides a transparent, informative, and trusted consultancy service to our candidates and clients to help them develop their careers and business goals and objectives in this ever-changing marketplace. CONTACT METHOD rob@mining-international.org https://www.linkedin.com/in/rob-tyson-3a26a68/ Podcast Description Rob Tyson is an established recruiter in the mining and quarrying sector and decided to produce the “Dig Deep” The Mining Podcast to provide valuable and informative content around the mining industry. He has a passion and desire to promote the industry and the podcast aims to offer the mining community an insight into people's experiences and careers covering any mining discipline, giving the listeners helpful advice and guidance on industry topics.
Award winning journalist and author, Vince Beiser, joins us again to talk about his new book; Power Metal: The Race for the Resources that will Shape the Future. The energy transition consumes immense amounts of critical metals and minerals. What are the trade-offs being made in mining and processing them? How and where is recycling of these metals ongoing? What are the human stories and impacts behind this enormous industry and what might the solutions be to make the transition more sustainable and achievable? Vince's book is out and available in all good book stores and published by Penguin Random House.
It's Wednesday, December 4th, A.D. 2024. This is The Worldview in 5 Minutes heard on 125 radio stations and at www.TheWorldview.com. I'm Adam McManus. (Adam@TheWorldview.com) By Jonathan Clark 1,500 people loot harvest of Christians in India Christian Solidarity Worldwide reports eight villages in India's central state of Chhattisgarh banned Christians last month. The village resolutions told Christians to either leave or renounce their faith in Christ. Otherwise, the believers would have their property and fields looted. The resolutions affect about 100 Christians. Soon after, a mob of 1,500 people, many of them Hindus, looted the harvest of the Christians who received little assistance from local police. Forty villagers had to leave their homes following the looting. In Luke 18:29-30, Jesus said, “There is no one who has left house or parents or brothers or wife or children for the sake of the kingdom of God, who shall not receive many times more in this present time, and in the age to come eternal life.” South Korean president declares Martial Law (audio of South Korean protestors) South Korea erupted in chaos on Tuesday after President Yoon Suk Yeol issued a martial law declaration. Yoon claimed he was trying to eliminate “anti-state” forces at work among his political opponents in the country. He accuses them of sympathizing with communist North Korea. It's the first martial law declaration since 1980. The military attempted to enter the Parliament building, and hundreds of people gathered to protest the move. South Korea's parliament quickly voted that the martial law declaration was invalid. Yesterday morning, President Yoon rescinded the declaration after the tense standoff, reports Reuters. 23 Conservative Party members voted for British euthanasia bill After the British Parliament voted for the euthanasia bill in a 330-275 vote, let the record show that 23 Conservative Party members joined 234 Labor Party members who voted for the bill. Conservative Party leader, and former Prime Minister Rishi Sunak, a Hindu, voted in favor of the bill. However, previous Prime Ministers Boris Johnson, Theresa May, and Liz Truss had publicly stated opposition to the bill. Pro-death euthanasia laws have been incorporated into the ex-Christian nations of Belgium, Canada, the Netherlands, New Zealand, Portugal, Spain, and Australia; as well as Columbia and Ecuador. Trump picks reformer Kash Patel to lead FBI In the United States, President-elect Donald Trump announced last Saturday that Kash Patel is his pick to lead the Federal Bureau of Investigation. Patel served during Trump's first administration as Chief of Staff for the Department of Defense and wrote the book entitled Government Gangsters: The Deep State, the Truth, and the Battle for Our Democracy. In his endorsement of Patel's book, Trump wrote, “We will use this blueprint to help us take back the White House and remove these Gangsters from all of Government!” Appearing on CBS' Face the Nation, Republican Senator Ted Cruz of Texas commented on the pick. CRUZ: “He has a serious, professional background. He was a prosecutor. He was a public defender. He was a senior intelligence staffer on Capitol Hill. He was a senior intelligence staffer in the White House. He was the Chief of Staff of the Department of Defense. He was the deputy director of National Intelligence. "And I got to say, all of the weeping and gnashing of teeth, all of the people pulling their hair out are exactly the people who are dismayed about having a real reformer come into the FBI and clean out the corrupted partisans who sadly have burrowed into senior career positions at the FBI. "The FBI and the Department of Justice are two institutions incredibly important to the rule of law in the United States. I revere both. And one of the most tragic consequences of four years of Joe Biden and Kamala Harris is both the DOJ and the FBI have been politicized and weaponized. And I think Kash Patel is a very strong nominee to take on the partisan corruption in the FBI." Guttmacher: Abortions up 10% between 2020 and 2023 The U.S. Center for Disease Control has issued a report indicating that the number of abortions in the U.S. had decreased by 2% between 2021 and 2022, and a 1% decrease between 2020 and 2022. However, earlier this year, another report from the pro-abortion Guttmacher Institute concluded the number of abortions in 2023 of 1,027,000 was a 10% increase between 2020 and 2023. Medication abortions, which include those issued by "virtual clinics" through the mail, were up 31% in just three years. Today, 63% of abortions in the U.S. are medication abortions, and 37% are surgical abortions. Office mortgage delinquency hit 10.4% The delinquency rate of office mortgages has spiked to 10.4%, just about where the index was in 2010, during that last great recession. Vacancy rates are higher than ever, causing defaults on these commercial loans. Visual Capitalist tracks the survival rate of U.S. businesses over the last 10 years. 35% are still functioning, with farming businesses touting the highest survival rate of 51%. Mining and technology companies were the lowest at 25% and 29% respectively. Bible sales grew 22% And finally, the sale of printed Bibles is up this year. U.S print book sales increased only 1% from January through October this year compared to last year. Meanwhile, printed Bible sales grew by 22% over the same period! In 2023, 14.2 million Bibles were sold in the U.S. During the first 10 months of this year alone, 13.7 million were sold. It's not clear what all is behind the increase in Bible sales. One theory was offered by Amy Simpson with Tyndale House Publishers who noted a growing interest in the Bible among Gen Z and college students. She said, “You have a generation that wants to find things that feel more solid.” Psalm 119:160 says, “The entirety of Your word is truth, and every one of Your righteous judgments endures forever.” Close And that's The Worldview on this Wednesday, December 4th, in the year of our Lord 2024. Subscribe by Amazon Music or by iTunes or email to our unique Christian newscast at www.TheWorldview.com. Or get the Generations app through Google Play or The App Store. I'm Adam McManus (Adam@TheWorldview.com). Seize the day for Jesus Christ.
How will Trump's second term potentially impact precious metals and global markets?From proposed tariffs to geopolitical tensions, AuAg Funds Founder and Portfolio Manager Eric Strand provides a comprehensive analysis of how new policies could affect commodity prices and currency markets.Despite market optimism around Trump's cabinet choices, Strand provides a contrarian view on debt, inflation, and monetary policy. Drawing parallels to historical patterns, including lessons from the Roman Empire's currency debasement, he explains why hard assets might become increasingly important.Watch the full interview to understand how proposed tariffs, America First policies, and potential currency devaluations could reshape the investment landscape in 2025 and beyond. Strand also shares insights into why traditional market reactions might not align with long-term economic realities.Learn more about AuAg Funds: https://www.auagfunds.com Watch the full YouTube interview here: https://www.youtube.com/watch?v=LoDMdNARRt0And follow us to stay updated: https://www.youtube.com/@GlobalOneMedia?sub_confirmation=1
Interview with Neil Pettigrew, VP Exploration of GT Resources Inc.Our previous interview: https://www.cruxinvestor.com/posts/gt-resources-tsxvgt-strategic-position-in-critical-metals-exploration-with-glencore-backing-5954Recording date: 28th November 2024GT Resources (TSXV:GT) offers investors a compelling opportunity to gain exposure to the high-potential nickel and copper space via Canadian and Finland projects. The company's flagship asset is the Canalask nickel-copper project in Yukon. Located just off the Alaska Highway, Canalask is a high-grade magmatic sulfide system with similarities to world-class nickel camps like Norilsk and Voisey's Bay.The company recently completed its first drill program at Canalask in over 20 years, returning impressive intercepts like 2% nickel over 20-30 meter widths. VP Exploration Neil Pettigrew believes these high-grade footwall intercepts are indicative of a larger source in the main ultramafic intrusion that has yet to be drill-tested. A follow-up drill program is planned for 2025 to vector in on the location of potential massive sulfides.GT also owns 100% of the North Rock copper project in mining-friendly Ontario. North Rock features a 13 km trend of copper-bearing gabbros, with historic resources of 1 Mt at 1.2% Cu at the Beaver Pond zone. This includes a 10,000 tonne stockpile grading up to 8% Cu. Pettigrew sees potential for both bulk tonnage and high-grade mineralization at North Rock and is undertaking borehole geophysics to define targets for follow-up drilling.GT is led by a proven management team with multiple successes under their belts, including advancing the 90 Mt LK nickel project in Finland. The company is well-funded with over C$10 million in working capital and counts major miner Glencore as one of its largest shareholders. With a market capitalization of under C$25 million, GT is significantly undervalued relative to the quality and potential of its projects. Near-term catalysts include ongoing exploration results from both Canalask and North Rock, along with potential strategic interest given the scarcity of high-quality nickel and copper projects globally. As the electrification trend accelerates, GT Resources offers speculative investors a low-risk, high-reward way to play rising demand and prices for these critical metals.View GT Resources' company profile: https://www.cruxinvestor.com/companies/palladium-one-miningSign up for Crux Investor: https://cruxinvestor.com
Interview with Jason Kosec, CEO of Integra ResourcesOur previous interview: https://www.cruxinvestor.com/posts/integra-resources-tsxvitn-starting-to-demonstrate-scale-and-margin-3882Recording date: 3rd of December, 2024Integra Resources has transformed its business model through the acquisition of the Florida Canyon gold mine in Nevada, positioning itself for significant growth in the gold mining sector. The acquisition makes Integra an immediate gold producer while providing a platform for expansion to over 250,000 ounces of annual production through a sequence of projects.Florida Canyon currently produces approximately 70,000 ounces of gold annually from oxide ores with a 7-year reserve life. Integra plans to invest $3.5 million in 2025 to optimize the operation through improved mining rates, recoveries, and costs. The company expects to produce 70-75,000 ounces in 2025 and will release an updated technical report and three-year guidance in early 2026.The company's growth strategy centers on developing the DeLamar project in Idaho as its next major asset. A feasibility study is in progress, incorporating 42 million tons of stockpiled oxide ore that is expected to boost annual production to 135-140,000 ounces and extend the mine life. Integra aims to begin the permitting process by the end of 2025, with a targeted two-year timeline. The company's management emphasizes that DeLamar's permitting should be straightforward given its brownfield status and absence of major environmental concerns.Further growth potential exists through the Nevada North project, which features a high resource conversion rate and could benefit from expedited permitting in Nevada. The company plans to advance long-lead items for this project as DeLamar development spending decreases.A key advantage of the Florida Canyon acquisition is that it enables Integra to self-fund its growth initiatives through operational cash flow, eliminating the need for frequent equity raises that typically burden development-stage mining companies. This financial independence is expected to help Integra achieve a valuation more in line with producing peers, potentially moving from its current 0.22x P/NAV multiple toward the 0.4-0.6x range typical of producers.The company's growth strategy aligns well with the current strong gold price environment, with gold trading around $2,500/oz in 2024. CEO Jason Kosec believes the company is positioned to unlock over a billion dollars in NAV at $2,000 gold as it executes its project sequence to reach its production target of 250,000 ounces per year.Learn more: https://www.cruxinvestor.com/companies/integra-resourcesSign up for Crux Investor: https://cruxinvestor.com
This week's episode features Dr. Nathan Wright, author and founder of Transformational Performance Solutions. As a leadership coach specializing in the mining industry, Dr. Wright delves into how various leadership styles influence both profitability and employee quality of life within mining companies. He breaks down the key differences between transactional and transformational leadership and shares his personal journey—revealing how his own promotion into management highlighted the need for specialized training to lead effectively in the mining sector. All this and more with host Adrian Pocobelli. Music Credits “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
The Biden administration announced a big decision to block new mining in a key region producing nearly half of the nation's coal over climate change concerns, but it could be short-lived as President-elect Trump prepares to make U.S. energy dominance a key focus of his incoming administration. The decision will block any new federal mining leases in Wyoming's Powder River Basin, the country's largest coal producing region, by 2041. Please Like, Comment and Follow 'The Ray Appleton Show' on all platforms: --- 'The Ray Appleton Show' is available on the KMJNOW app, Apple Podcasts, Spotify, YouTube or wherever else you listen to podcasts. -- 'The Ray Appleton Show' Weekdays 11 AM -2 PM Pacific on News/Talk 580 AM & 105.9 FM KMJ | Website | Facebook | Podcast | - Everything KMJ KMJNOW App | Podcasts | Facebook | X | Instagram See omnystudio.com/listener for privacy information.
Revolutionzing the logging industry many years ago, winch assisted logging has enabled contractors to harvest previous unreachable timber resources. On this episode, Mack sits down with Kelway Cox, President of Timbermax USA, to talk all about the Timbermax product. They cover how/where the idea for winch assist slope work started, the origin of Timbermax product and how it is built, applications for Timbermax winch outside of forestry, and more!To learn more about Timbermax, visit their website here https://timbermaxusa.com/Find Mack on social media @earthmovers_media or visit their website to learn more and buy some swag! https://earthmoversmedia.com/
Jack Dorsey's Block is making a new Bitcoin ASIC, including a custom shipment of chips to Core Scientific. We dig into the new unit on an exclusive show with the team!Welcome back to the Mining Pod! On today's show, we have an exclusive with Proto and Core Scientific, who recently announced a collaboration on a new ASIC chip design. Core Scientific–one of the largest Bitcoin miners in the world–will be buying 15 EH/s of chips to make custom units. Meanwhile, Proto will be working on selling more chips and a custom form factor of its own. Timestamps:00:00 Start03:20 Building hardware at Argo03:48 Proto miner05:36 Proto tools development06:29 Intel chips08:59 Why is Core Scientific interested in ASIC creation13:34 Collaboration vs competition16:06 Interacting with Bitcoin needs to be easier17:59 Geopolitics19:54 Having US built ASICs22:33 Have ASICs gotten better?25:01 Repairs27:26 Upgrading rigs30:09 Form factor changes35:51 AI & mining45:36 Is AI driving site design?50:50 15 exahash or bust?52:34 EPIC collaboration56:50 Launch date?57:28 Open market sales eventually?Published twice weekly, "The Mining Pod" interviews the best builders and operators in the Bitcoin and Bitcoin mining landscape. Subscribe to get notifications when we publish interviews on Tuesday and a news show on Friday!
Investor David Erfle offers pro buying tips for junior mining tax-loss selling season in this MSE episode. He also discusses where he expects the gold price to go under Trump. Furthermore, David shares how he is positioning his junior mining portfolio and reveals what he considers when selling a junior mining stock. David Erfle is a self-taught mining sector investor. He stumbled upon the mining space in 2003 as he was looking to invest into a growing sector of the market. After researching the gains made from the 2001 bottom in the tiny gold and silver complex, he became fascinated with this niche market. So much so that in 2005 he decided to sell his home and invest the entire proceeds from the sale into junior mining companies. When his account had tripled by September, 2007, he decided to quit his job as the Telecommunications Equipment Buyer at UCLA and make investing in this sector his full-time job. David founded the Junior Miner Junky subscription-based newsletter in April, 2017 and writes a weekly column for precious metals news service Kitco.com, whose website attracts nearly a million visits every day. 0:00 Introduction 0:57 Gold price under Trump 5:12 Miners' performance relative to gold price 6:55 When to buy during tax loss selling season 9:51 Wanting to sell, but waiting to sell a junior 12:18 Lassonde curve development trough too long 14:22 Current opportunities 16:39 Fully financed pre-production companies 18:43 Unknown risks in junior mining 21:20 “Put yourself in the position to be lucky” 24:36 How Dave consumed mining newsletter content 26:03 Miners and silver will tell you when gold will bottom 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/
Interview with Brendan Yurik, CEO of Electric RoyaltiesOur previous interview: https://www.cruxinvestor.com/posts/opportunity-in-volatility-lithium-projects-poised-for-rebound-5610Recording date: 29th of November, 2024As the world accelerates its transition to a low-carbon future, the demand for clean energy metals is set to soar. Electric Royalties (TSX-V:ELEC), is a unique royalty company focused exclusively on critical minerals essential for clean energy technologies.Electric Royalties offers investors a diversified portfolio of 73 royalties across 9 key metals including lithium, graphite, manganese, tin, zinc and copper. This broad asset base spans 4 continents, mitigating operational and geopolitical risk. Importantly, the company focuses on securing royalties in stable mining jurisdictions like Canada, the US, Europe and Australia. With the US and its allies increasingly prioritizing security of clean energy metal supply, Electric Royalties' assets in these regions could become increasingly strategic.While the company is early-stage, it is poised to enter a period of significant growth as its portfolio advances. Management expects up to 35 of its assets to potentially generate revenue in 2025, setting the stage for meaningful cash flow growth. Near-term catalysts include revenue from lithium properties under option agreements, as well as the potential restart of more advanced-stage assets like a European tin mine and a US zinc project.Electric Royalties also recently announced the transformative acquisition of a cash-flowing copper-gold royalty in Chile. This asset provides immediate revenue to the company, derisking the story for investors. The company was able to secure this royalty on accretive terms thanks to its first-mover status in clean energy metals and its strong industry relationships.The royalty model is highly attractive for investors. It offers direct leverage to rising metal prices with no cost inflation. Electric Royalties' portfolio provides this commodity price torque with significantly lower risk than investing in individual mining projects. Electric Royalties is led by a highly experienced management team with a proven track record of value creation in the royalty space. CEO Brendan Yurik and his team were early to recognize the opportunity in clean energy metals and have spent the past five years painstakingly constructing a portfolio of royalties on the most attractive projects globally.Electric Royalties trades at a substantial discount to producing royalty peers. As its assets begin to generate cash flow, there is significant potential for valuation upside.Learn more: https://www.cruxinvestor.com/companies/electric-royaltiesSign up for Crux Investor: https://cruxinvestor.com
Interview with Dan Wilton, CEO of First Mining Gold Corp. Our previous interview: https://www.cruxinvestor.com/posts/first-mining-gold-tsxvff-key-catalysts-on-two-of-largest-underdeveloped-canadian-gold-projects-5978Recording date: 28th of November, 2024The gold mining sector presents what industry leaders describe as a "once in a generation" investment opportunity, particularly in the development space. While producing gold companies have seen their valuations soar, with gold prices maintaining levels well above $2,000 per ounce, development-stage companies with substantial resources remain significantly undervalued, creating a compelling entry point for investors.At the heart of this opportunity lies a critical supply-demand imbalance. Major gold producers are facing dwindling reserves, typically holding only 7-8 years of production in reserve, while the timeline to bring new mines into production has nearly doubled to 19.8 years. This creates urgent pressure for producers to acquire advanced-stage projects, particularly those that have navigated significant portions of the permitting process.First Mining Gold exemplifies this opportunity, controlling two projects exceeding 5 million ounces in premier Canadian jurisdictions - putting it in an elite group of only about 12 such projects globally that meet major mining companies' acquisition criteria. The company's Spring Pole project is among the most advanced large gold projects approaching environmental approval in Canada, with final approval targeted for the end of 2025.The company has demonstrated strong financial management, raising $60 million through non-core asset sales over five years while minimizing shareholder dilution. Spring Pole's economics are particularly attractive in the current gold price environment, with every $100 increase in gold price adding $250 million to the project's after-tax NPV. The company's second major asset, Duparquet, provides additional optionality through potential optimization and development scenarios.Historical precedent suggests significant upside potential - similar-sized projects have typically been acquired or funded at valuations exceeding $500 million once receiving environmental assessment approvals. First Mining Gold's current market valuation reflects the broader disconnect between producer and developer valuations, suggesting substantial room for value appreciation.The investment thesis is strengthened by several key factors:Strong gold price environment above $2,000/ozScarcity of large-scale projects in favorable jurisdictionsStrategic imperative for major producers to replace reservesAdvanced stage of permitting at Spring PoleDemonstrated ability to raise non-dilutive capitalMultiple paths to value creation across two major assetsAs First Mining's CEO Dan Wilton notes, "We're sitting today at a one in a generation discrepancy and dislocation between the value of producers and the value of developers, which is only going to get worse because the producers have by and large not been investing in increasing their own capacity."Learn more: https://www.cruxinvestor.com/companies/first-mining-goldSign up for Crux Investor: https://cruxinvestor.com
Interview with Jeffrey R. Wilson, President & CEO of Precipitate Gold Corp.Our previous interview: https://www.cruxinvestor.com/posts/precipitate-gold-tsxvprg-patient-explorer-poised-for-dominican-discovery-5892Recording date: 29th November 2024Precipitate Gold, a Canadian junior explorer, is poised to capitalize on the Dominican Republic's emerging mining sector. With a promising project portfolio, strategic partnerships, and a well-funded treasury, the company offers a compelling investment opportunity.Recent developments in the Dominican Republic have created a more favorable environment for mining. The government has streamlined environmental impact study processes, providing clarity for advancing projects. Precipitate's flagship Pueblo Grande project is contiguous with GoldQuest's Romero deposit, suggesting potential for similar mineralization. Whilst at Juan de Herrera, drilling has yielded high-grade gold samples up to 73.8 g/t and consistent trench results. The company plans to aggressively advance multiple targets to the drill stage.With a healthy treasury of approximately $5 million and no outstanding commitments, Precipitate can strategically allocate capital across its portfolio. The Pueblo Grande project, under earn-in with Barrick Gold, and more 100%-owned projects provide additional upside potential.Precipitate's management team has a proven track record in the Dominican Republic and a commitment to responsible mining practices. As the country attracts more investment, the company is well-positioned to create shareholder value through exploration and development. CEO Jeff Wilson emphasized the opportunity: "The world is our oyster a little bit in that regard and I mean all we can really sort of focus our strategy on is the things that we control." Precipitate Gold represents an exciting opportunity to gain exposure to an emerging mining jurisdiction with untapped potential. With positive momentum, a strong project portfolio, and a clear strategy, the company is poised for success in the Dominican Republic.View Precipitate Gold's company profile: https://www.cruxinvestor.com/companies/precipitate-gold-corpSign up for Crux Investor: https://cruxinvestor.com
Interview with Eric Zaunscherb, Chairman & CEO of GR SilverOur previous interview: https://www.cruxinvestor.com/posts/gr-silver-mining-tsx-v-grsl-time-to-restructure-and-rebuild-3878Recording date: 29th of November, 2024GR Silver Mining (TSXV:GRSL) is poised to capitalize on the resurgence of Mexico's mining industry under the new administration of President Claudia Sheinbaum. With its flagship Plomosas silver project in Sinaloa, strengthened balance sheet, and strategic vision for consolidation, GR Silver offers investors a compelling opportunity to gain leveraged exposure to rising silver prices.The Plomosas project encompasses the past-producing Plomosas mine and the highly prospective San Marcial area. The Plomosas mine, which boasts 7.4 km of underground development, is fully permitted and represents a near-term monetization opportunity through a potential partnership. However, the real excitement lies in San Marcial, where GR Silver has delineated a 134 Moz silver equivalent resource across indicated and inferred categories.San Marcial hosts a unique geological model with wide, high-grade silver mineralization in hydrothermal breccias and feeder structures. Drilling highlights, like the 102m intercept grading 308 g/t Ag, showcase the potential for further resource growth. GR Silver's geological team, led by President and COO Marcio Fonseca, is confident in the potential for low-cost, bulk underground mining at the project.Over the past year, GR Silver has executed an impressive financial turnaround, eliminating a $28M working capital deficit by divesting a non-core asset. The company now has positive working capital, no debt, and a modest cash balance to resume exploration. Management is confident in its ability to raise additional funds as needed, given the compelling investment thesis.Beyond exploration, GR Silver is actively seeking opportunities to participate in the ongoing consolidation of the Mexican silver industry. The company's ideal acquisition target would have existing production, a development-stage project, and exploration upside. With a disciplined approach to M&A and a focus on value creation, GR Silver is well-positioned to build a leading silver company in the region.The macro backdrop for silver is also highly supportive, with demand from the solar industry expected to grow from 16% to 19% of total supply in 2024. As Mexico's new government takes a more pragmatic approach to mining, the combination of rising silver prices and increased investor interest should drive a re-rating of GR Silver's valuation. Currently trading at just $0.65/oz in the ground, in line with Mexican peers, the company offers an attractive entry point for investors seeking exposure to the silver space.Learn more: https://www.cruxinvestor.com/companies/gr-silver-miningSign up for Crux Investor: https://cruxinvestor.com
Interview with Timothy Froude, President & CEO of Sokoman Minerals Corp.Our previous interview: https://www.cruxinvestor.com/posts/sokoman-minerals-tsxvsic-major-2024-drill-program-for-the-next-newfoundland-gold-discovery-5436Recording date: 29th November 2024Sokoman Minerals (TSXV:SIC) is poised for a transformative year in 2025 as it advances its diverse portfolio of gold and lithium projects in mining-friendly Newfoundland, Canada. Despite a challenging market backdrop, the company has positioned itself for success through strategic partnerships, innovative exploration techniques, and a disciplined focus on its core assets.The key catalyst on the horizon is the planned spin-out of the Killick lithium project into a new publicly-traded vehicle, Vinland Lithium. Discovered by Sokoman on one of its gold properties, Killick caught the eye of lithium developer Piedmont Lithium, which has invested to earn a 19.9% stake and committed $12 million in exploration funding over 36 months. With Piedmont's pending merger with Sayona Mining, Vinland will gain access to a broader project pipeline and technical expertise. Sokoman plans to dividend out Vinland shares to its own shareholders upon listing in early 2025.At the flagship Moose Head gold project, Sokoman is embarking on a two-phase bulk sampling program to demonstrate the potential for a high-grade, low-cost operation. The first 1,000 tonne sample will be extracted and processed in Q1, followed by an innovative selective high-grade sample using Nova Mirror technology in Q2.Recent trenching also revealed a previously unknown mineralized vein system in the Western Trend at Moose Head, opening up a new area for exploration in a part of the property unencumbered by water or swampy ground. Follow-up drilling is already underway. Over at the early-stage Fleur de Lys project, Sokoman is targeting Irish-type orogenic gold deposits similar to the 6Moz Curraghinalt deposit in Northern Ireland. Assays are pending from a 23-hole drill program completed in late 2024.With multiple irons in the fire, Sokoman offers investors exposure to both the long-term growth potential of lithium and the security of gold as a hedge against economic uncertainty. As CEO Tim Froude explains, "High-grade nuggety gold vein systems are notorious for trying to nail down, but Moose Head continues to deliver. A deep hole there is a potential game-changer that could happen on the first hole."In a market where many junior explorers are struggling to raise capital and advance their projects, Sokoman stands out as a company with a clear path forward. With the Killick spin-out, bulk samples at Moose Head, and drilling at Fleur de Lys, 2025 is shaping up to be a year of value creation for Sokoman shareholders. While early-stage exploration is inherently risky, the company's track record of attracting strategic partners and deploying cutting-edge technology suggests it is well-equipped to capitalize on the opportunities in front of it. For investors looking for a high-quality explorer with exposure to in-demand metals and near-term catalysts, Sokoman Minerals is a compelling consideration.View Sokoman Minerals' company: https://www.cruxinvestor.com/companies/sokoman-minerals-corpSign up for Crux Investor: https://cruxinvestor.com
There's a clash of wills going on between central and local government in Taranaki when it comes to plans for seabed mining…Go to this episode on rnz.co.nz for more details
Join Previn Pillay in this KAJ Masterclass Live as he shares powerful insights on leadership, resilience, and sustainable innovation in the mining industry. Discover how responsible resource management and cutting-edge mining solutions are shaping the future of the industry. ===============================================
Heliostar Metals announced drill results from the Ana Paula project in Guerrero, Mexico. Canterra Minerals announced new assays from the maiden drill program at its Buchans Project in the Central Newfoundland Mining District in Canada. Northern Star Resources has agreed to take over rival De Grey Mining in an all-share deal. Minera Alamos issued it's Q3 operations update and select financial highlights. The Mining Stock Daily morning briefing is produced by Clear Commodity Network. It is distributed throughout the world through your podcast network of choice, and by our friends at the Junior Mining Network. The information presented should not be considered investment advice. Mining stock daily and its affiliates are not responsible for any loss arising from any investment decision in connection with the material presented herein. Please do your own research or speak with a licensed financial representative before making any investment decisions.
Interview with Arturo Préstamo Elizondo, Executive Chairman & CEO of Santacruz Silver Mining Ltd.Our previous interview: https://www.cruxinvestor.com/posts/santacruz-silver-mining-tsxvscz-stabilising-silver-production-to-bolster-balance-sheet-3925Recording date: 27th November 2024Santacruz Silver Mining (TSXV:SCZ) is hitting its stride after a transformational year that has significantly bolstered the company's financial position and growth prospects. The Bolivia and Mexico-focused silver producer delivered strong Q3 2024 results with $78M in revenue and $16M in EBITDA. More importantly, Santacruz has emerge from a multi-year restructuring effort with a much cleaner balance sheet and ample liquidity to fund organic growth.The key development was a successful renegotiation of Santacruz's agreement with senior partner Glencore. By amending the terms, Santacruz eliminated $8M in annual royalty payments and pushed out the maturity on $40M of debt to late 2025. This, combined with improved operations, has enabled Santacruz to generate meaningful free cash flow, with $20M in cash as of Q3.Management is taking a two-pronged approach to driving shareholder returns: reducing costs at existing mines while advancing low-capex, high-impact growth projects. A focus on optimizing ore blending, modernizing equipment and leveraging synergies between mines is starting to bear fruit, with all-in sustaining costs trending lower. CEO Arturo Préstamo Elizondo sees further opportunities to boost efficiency, stating "We're doing works and having initiatives across all our mines to achieve better production and lower costs."On the growth front, the flagship organic project is restarting the past-producing Soracaya mine in Bolivia. Originally built to produce 4Moz silver annually, Soracaya is essentially turnkey and can be brought online within a year for minimal capital. Santacruz is also building a new mill at San Lucas to double output to 4Moz silver equivalent by bringing processing in-house. Together these two projects provide a clear path to 25%+ production growth over the next 2-3 years.Underpinning the Santacruz investment case is a bullish outlook for silver prices. While up substantially since 2020, Prestamo sees $20/oz as "a solid floor" based on strong industrial demand growth. "More and more uses are coming for silver, not only solar panels but for environmental and pharmaceutical use. Unlike gold, silver is used up, so you always need new ounces," he explained. Higher silver prices would amplify the impact of Santacruz's operational improvements and growth initiatives.In summary, Santacruz offers investors a compelling turnaround story with multiple ways to win. With its balance sheet derisked, costs falling and production poised to climb, the company is well positioned to deliver outsized returns going forward. If management and the entire operations can execute, Santacruz has the potential to be a standout performer in a rising silver price environment.View Santacruz Mining's company profile: https://www.cruxinvestor.com/companies/santacruz-silver-miningSign up for Crux Investor: https://cruxinvestor.com