Podcasts about natural resources

Interview with Richard Young, Chief Executive Officer of i-80 GoldOur previous interview: https://www.cruxinvestor.com/posts/i-80-gold-tsxiau-pitch-perfect-november-2025-8431Recording date: 19th November 2025i-80 Gold (TSX: IAUX) is executing a methodical three-phase development plan designed to transform the company from a marginal Nevada gold producer into a profitable mid-tier operator generating 200,000 ounces annually by 2028 with projected EBITDA of $200 million to $300 million. The company's third quarter 2025 results marked a critical inflection point, delivering the strongest financial performance in company history whilst completing permanent dewatering infrastructure that had previously constrained access to higher-grade mineralisation at the flagship Granite Creek underground mine.President and CEO Richard Young confirmed that permanent dewatering systems installed during Q3 2025 will enable accelerated underground development over the next six months into zones where "grades get better, ground conditions get better, and we expect mining rates to rise." A 47-hole infill drilling programme scheduled for completion in mid-December 2025 is yielding results that Young characterised as "consistently solid. Very good grades over very good widths," with a feasibility study incorporating these results expected at the end of Q1 2026 showing "materially better" economics than previous assessments.Construction of the Archimedes underground mine commenced in Q3 2025, providing the second production centre necessary to justify the strategic refurbishment of i-80 Gold's Lone Tree autoclave facility. The autoclave refurbishment represents the pivotal value creation opportunity in management's development thesis. With current toll milling costs ranging between $1,000 and $1,500 per ounce, i-80 Gold is effectively surrendering $200 million to $300 million in annual EBITDA at the 2028 production target of 200,000 ounces. Young stated unequivocally: "Strategically and economically, that refurbishment is very important for us to move forward with."Engineering firm Hatch has largely completed engineering work on the approximately $400 million autoclave refurbishment, with the board approving a $25 million limited notice to proceed authorising detailed engineering, long-lead equipment orders, and permitting initiation. The company expects to commence pouring gold through the refurbished autoclave before the end of 2027, creating an 18 to 24 month payback period on the capital investment at current gold prices.Beyond Granite Creek and Archimedes, i-80 Gold completed infill drilling at its Cove underground project during Q3 2025, with results showing the total mineralised envelope up between 10 and 20 percent compared to previous estimates. A feasibility study is scheduled for Q1 2026, with permitting targeted for completion before the end of 2028. The company will release three major feasibility studies between Q1 2026 and Q1 2027 covering its core underground operations, each expected to show material improvements over preliminary economic assessments.Management has received six term sheets from financing partners and is advancing toward recapitalisation completion by Q2 2026 to fund both phase one and phase two of the development plan. The company has successfully recruited experienced technical teams across mining engineering, metallurgy, and geology disciplines, a critical leading indicator of execution capability as i-80 Gold transitions from single-asset operator to multi-mine producer.For investors evaluating Nevada-focused gold producers, i-80 Gold offers substantial leverage to successful execution and higher gold prices, with the 2028 target of 200,000 ounces production and $200-300 million EBITDA generation providing a concrete benchmark for measuring management's progress toward transformational value creation.Learn more: https://cruxinvestor.com/companies/i-80-goldSign up for Crux Investor: https://cruxinvestor.com

This week on From The Woods Today, we are joined by Dr. DJ McNeil, UK Forestry and Natural Resources, as he gives us another edition of Wings of Kentucky, but this time with a Thanksgiving flair!   Also on tap...we learn how to forage for decorations for your holiday table. Need an excuse to get out in nature during this busy holiday season? Join Anna Wiker from the Kentucky Master Naturalist Program for some ideas on how to give your Thanksgiving table a Kentucky woodland theme with easy foraged décor. Learn more by tuning into FromTheWoodsToday.com. 11.19.25  

Interview with Rupert Verco, Managing Director & CEO, Cobra ResourcesOur previous interview: https://www.cruxinvestor.com/posts/cobra-resources-lsecobr-high-grade-copper-gold-acquisition-ree-isr-7824Recording date: 19th November 2025Cobra Resources is positioning itself as a potential disruptor in the global rare earths market through its innovative Boland project in South Australia. The London-listed company is developing an in-situ recovery (ISR) operation targeting high-value heavy rare earths including dysprosium and terbium - critical components in permanent magnets for electric vehicles, renewable energy, and defense applications.What distinguishes Boland from conventional rare earth projects is its unique geological setting. Unlike traditional clay-hosted deposits, the project features permeable paleochannel geology similar to uranium ISR operations, which Managing Director Rupert Verco says "bypasses a lot of the operational challenges of traditional clays." The mineralization sits within naturally confined sand horizons, protected by 20 meters of impermeable clay above and below.Recent field hydrology studies have validated commercial viability, achieving pump rates of nearly 20,000 liters per day with 60% tracer recovery in just four days. These results support well spacing of 20-30 meters - comparable to uranium operations - and demonstrate the uniform aquifer response essential for efficient ISR extraction.The project's most significant breakthrough involves natural acid generation from sulfide-rich organics within the ore body. When oxidized, these materials produce sulfuric acid in-situ, potentially eliminating the largest operating cost and reducing dependence on Chinese supply chains. Current testing indicates acid consumption under 4 kilograms per ton—dramatically lower than typical rare earth operations.Metallurgically, Cobra has achieved 90% cerium suppression without heavy rare earth loss, producing concentrate containing 35% magnet rare earths and 50% heavy rare earths. This compares favorably to traditional carbonatite deposits that typically contain over 50% low-value cerium.With 3,300+ square kilometers of controlled tenure, resource drilling planned for early 2026, and a modular development approach targeting 4,000-5,000 tons annual production, Cobra is advancing toward what Verco describes as cost competitiveness comparable to "how Kazatomprom established themselves in the uranium game"—potentially offering Western supply chains a commercially viable alternative to Chinese rare earth dominance.Learn more: https://www.cruxinvestor.com/companies/cobra-resourcesSign up for Crux Investor: https://cruxinvestor.com

Recorded November 19, 2025, from the Benchmark Conference in Los Angeles.In this critical episode of The Compass, Sam Pelaez (President, CEO & CIO of Olive Resource Capital) and Derek Macpherson (Executive Chairman of Olive) dissect a fundamental shift occurring in mining project finance as traditional debt-equity structures replace the exotic capital arrangements that dominated recent years.KEY TOPICS COVERED:Troilus Gold's Financing BreakthroughThe expanded debt facility announcement signals developers can now credibly finance construction independently rather than depending entirely on takeovers. At $4,100 gold, project profitability has driven down the cost of capital materially, enabling traditional banking structures instead of 20%+ private equity arrangements."The Generalists Are Coming"Nine-figure equity financings now occur weekly, with non-resource institutions like Fidelity regularly participating. This marks a dramatic expansion of available capital pools beyond traditional mining investors and validates the sector's investment thesis to Wall Street.Year-End Market DynamicsNo tax loss selling pressure this year as most mining equities are substantially higher than purchase points. However, seasonal liquidity constraints from holiday spending may create temporary dislocations and attractive entry points ahead of typically strong Q1 performance.Flow-Through Financing RushCanadian flow-through funds must deploy 2025 capital before December 31st, creating a year-end rush of placements working down the capitalisation spectrum from larger companies to progressively smaller explorers.Building as Negotiating LeverageDevelopers who can credibly "threaten to build" maintain stronger negotiating positions with potential acquirers. Clean capital structures without permanent streaming impairments make projects more valuable takeover targets post-construction.Why This Matters:Traditional banking institutions have long been willing to finance mining projects but were constrained by developers' inability to assemble the equity component without destroying capital structures. With both debt and equity now accessible at reasonable rates, a select group of well-positioned developers may advance independently, populating the mid-tier producer pipeline essential for an industry facing depletion of existing assets.ABOUT OLIVE RESOURCE CAPITAL:Olive Resource Capital is a specialist mining investment fund focused on precious metals, base metals, and battery metals across the development and production spectrum.

Interview with Stephen Hanson, President & CEO of Surface Metals Inc.Our previous interview: https://www.cruxinvestor.com/posts/surface-metals-csesur-former-lithium-player-pivots-to-nevada-gold-with-walker-lane-project-7467Recording date: 21st November 2025Surface Metals Inc. (CSE: SUR) has strategically positioned itself across two commodity cycles through its April 2025 acquisition of the Cimarron gold project in Nevada whilst maintaining a diversified lithium portfolio anchored by a 300,000+ ton LCE resource at Clayton Valley, California. This dual-commodity approach provides investors with exposure to gold's current bull market and lithium's structural electrification demand.Following recent meetings on Wall Street and Bay Street, President and CEO Steve Hanson reports renewed institutional appetite for junior and mid-cap mining opportunities. Major banks including JP Morgan, Goldman Sachs, UBS, Deutsche Bank, and HSBC forecast gold reaching $5,000 per ounce in 2026, driven by central bank accumulation, interest rate dynamics, and geopolitical tensions. Simultaneously, lithium markets show stabilisation following the 2023-2024 correction, with institutional interest returning to quality projects.The Cimarron gold project, located in Nevada's prolific Walker Lane trend approximately 35 kilometres south of Kinross's Round Mountain mine, benefits from extensive historical work conducted by Newmont and Echo Bay during the 1980s-1990s. Surface Metals has digitised this historical database and created three-dimensional geological models, positioning the company to commence phase one drilling in early 2026 with clear targeting rationale. The programme aims to confirm historical high-grade intercepts, validate a non-43-101 compliant resource, and expand towards a million-ounce target. Shallow oxide mineralisation suggests potential heap leach processing economics - a lower-cost development pathway relevant for junior companies.Surface Metals' lithium portfolio demonstrates geographic and geological diversification across three projects. The Clayton Valley brine project sits immediately northwest of Albemarle's Silver Peak operation - North America's only producing lithium brine facility operational since 1966. The company targets a preliminary economic assessment in 2026, evaluating direct lithium extraction technology offering faster processing and higher recovery versus traditional evaporation ponds. Neighbouring operator SLB's 2025 demonstration facility successfully produced lithium from similar brine chemistry, de-risking technology application.Fish Lake Valley represents exposure to sedimentary claystone lithium mineralisation, sitting contiguous to Ioneer's Rhyolite Ridge project backed by Ford, Toyota, and Panasonic offtakes with 2026 construction commencement planned. Surface Metals actively seeks joint venture partners to fund initial drilling. In Manitoba, NASDAQ-listed Snow Lake Resources earns into the company's pegmatite project through funded exploration whilst Surface Metals maintains carried interest without capital outlay.Capital efficiency distinguishes Surface Metals' approach. The company has reduced operational costs whilst advancing projects through partnership structures and targeted technical work avoiding dilutive capital raises during unfavourable market conditions. Sector consolidation reduced lithium-focused companies from 200-250 to approximately 60, with Surface Metals amongst survivors maintaining intact portfolio positioning to capture recovery momentum.Management contemplates multiple value realisation pathways including asset sales, joint ventures, or corporate restructuring to separate gold and lithium portfolios. In market conditions where commodities experience distinct cycles, portfolio separation could unlock valuation disparities whilst providing shareholders direct exposure to preferred commodity themes.All projects benefit from tier-one North American jurisdictions with established infrastructure, proximity to operating mines, and relatively streamlined permitting. Nevada exploration permits typically achieved in 90-120 days. As gold supply deficits emerge from major producers exhausting high-grade reserves, and lithium supply security achieves strategic priority, Surface Metals' portfolio positioning addresses structural market dynamics favouring quality junior mining opportunities in premier jurisdictions.View Surface Metals' company profile: https://www.cruxinvestor.com/companies/acme-lithiumSign up for Crux Investor: https://cruxinvestor.com

Interview with Philip Williams, Director & CEO of IsoEnergy Ltd.Our previous interview: https://www.cruxinvestor.com/posts/isoenergy-tsxiso-inside-isoenergys-strategic-play-on-uraniums-supply-demand-revolutiont-7872Recording date: 19th November 2025IsoEnergy is building an institutional-scale uranium platform spanning Canada, the United States, and Australia through strategic acquisitions and targeted exploration spending. CEO Philip Williams recently announced the acquisition of Toro Energy, which adds the 75-million-pound Wiluna project in Western Australia to what the company calls its "Core Four" assets. This portfolio includes Canada's Hurricane deposit, described as the world's highest-grade uranium resource, along with near-term production capabilities at past-producing Utah mines and the 160-million-pound Coles Hill resource in Virginia, the largest uranium deposit in the United States.The company is prioritizing exploration capital in Canada's Athabasca Basin, where its PurePoint joint venture recently made the Dorado discovery, validating the consolidation strategy. Additional programs target the LaRocque East project and US properties in Utah's Henry Mountains district, where IsoEnergy sees accessible near-term discovery potential from historically productive areas that haven't been systematically explored in decades.Williams emphasized the company's positioning to benefit from US government initiatives to rebuild domestic uranium supply chains, including the Strategic Uranium Reserve. With uranium demand fundamentally outstripping supply through 2040 and governments deploying multiple support mechanisms, from direct purchases to project investments and accelerated permitting, IsoEnergy's diversified portfolio provides multiple value realization pathways across different development timelines and jurisdictions.The diversification strategy deliberately mirrors industry leader Cameco, reducing single-asset risk while maintaining the technical teams and financial strength to advance projects simultaneously. Management maintains flexible capital allocation responsive to jurisdictional developments and market conditions, with plans for significant project milestones across all Core Four assets in 2026.—Learn more: https://cruxinvestor.com/companies/isoenergySign up for Crux Investor: https://cruxinvestor.com

Interview with Oliver Turner, Vice President of Corporate Development, Americas Gold & Silver Our previous interview: https://www.cruxinvestor.com/posts/americas-gold-silver-tsxusa-triples-ore-production-targets-5moz-annually-8137Recording date: 18 November 2025Americas Gold & Silver is rapidly executing a growth and consolidation strategy in Idaho's historic Silver Valley, highlighted by its recent $65 million acquisition of the Crescent Mine and an oversubscribed $150 million capital raise. The company's strategic moves have attracted significant institutional interest, with ownership increasing from just 7% to over 63% as top-tier global mining institutions recognize the value proposition.The Crescent Mine acquisition represents a calculated move to utilize spare milling capacity at the flagship Galena complex. Located just 9 miles from Galena, Crescent historically produced over 25 million ounces of silver at grades averaging 900 grams per ton and can be restarted within six months. The mine's ore is metallurgically identical to Galena's tetrahedrite, enabling seamless integration into existing processing facilities. With Crescent's average grade of 655 grams per ton silver exceeding Galena's blended average of 466 grams per ton, the acquisition provides immediate high-grade feed while Galena ramps underground production.Management aims to restore Galena to historical production levels of 5+ million ounces annually potentially within 36 months, up from current levels. The operation currently utilizes only one of four available shafts and has ramped throughput from 300 tons per day to over 410 tons per day, yet still maintains spare mill capacity of 750-1,050 tons per day. Key catalysts include the paste backfill plant commissioning in Q3 2026 and formal production guidance expected in February-March.Beyond silver, Americas Gold & Silver has emerged as the largest active antimony producer in the United States, producing 450,000 pounds year-to-date. Management is pursuing development of a domestic antimony processing circuit with potential government support, addressing critical mineral security while potentially adding significant margin expansion at minimal incremental cost. Trading at 0.7-0.8x NAV versus peer average near 2x NAV, the company offers compelling value as it transforms into a major silver producer with exceptional byproduct credit potential.Learn more: https://www.cruxinvestor.com/companies/americas-gold-silver-corporationSign up for Crux Investor: https://cruxinvestor.com

Interview with Thomas Lamb, CEO, Myriad UraniumOur previous interview: https://www.cruxinvestor.com/posts/myriad-uranium-csem-200-million-pound-potential-as-rush-merger-delivers-100-project-control-7894Recording date: 19th November 2025Myriad Uranium Corp. is unlocking significant value at its Copper Mountain uranium project in Wyoming through modern analytical techniques that reveal substantially higher uranium grades than historic exploration indicated. CEO Thomas Lamb recently outlined how the company's systematic chemical assaying program has discovered radiometric disequilibrium that shows 50-60% more uranium than conventional gamma probe readings detected during Union Pacific Railway's $85 million exploration campaign in the 1970s.The company recently completed a bought deal financing that raised C$8.6 million, exceeding its C$6 million target, led by Research Capital and Red Cloud Securities. This brings Myriad's cash position to approximately C$10 million, providing capital to expand land holdings, convert historic resources to NI 43-101 compliance, and aggressively drill high-priority targets that remained untested during previous exploration.Central to Myriad's investment thesis is a 1982 U.S. Department of Energy Bendix report identifying a 655 million pound uranium endowment across the broader Copper Mountain area, with 245 million pounds in a core zone where Myriad controls 70% of the acreage. Critically, these estimates only extend to 600 feet depth, while Myriad's recent drilling has encountered uranium mineralization as deep as 1,495 feet with assays exceeding 800 ppm.The chemical assay breakthrough transforms project economics by revealing that much of what Union Pacific classified as waste rock actually contains economic uranium grades. Myriad submitted nearly 800 samples from zones where probes detected little or no uranium, with results showing significant uranium content that expands grade shells while increasing contained metal.Myriad is also pursuing a merger with Rush Rare Metals Corp. to achieve 100% ownership of Copper Mountain, currently owned 50-50, and advancing plans for a U.S. exchange listing to unlock institutional investment. The company has permitted 222 new drill holes and bonded 70 of them, targeting underexplored areas where favorable geological structures suggest multiple additional deposits comparable to Copper Mountain's largest known resource.Learn more: https://www.cruxinvestor.com/companies/myriad-uraniumSign up for Crux Investor: https://cruxinvestor.com

Welcome to your weekly UAS News Update. We have three stories for you this week: A UK police drone crash injures a child, a drone helps rescue a missing 85-year-old man in Wisconsin, and a viral drone show proposal lights up the Dallas skyline. Let's get to it.First up, a serious incident out of the United Kingdom, where a police drone crashed and injured a child. According to multiple sources, on August 2nd, police in Kent were responding to an alleged assault in Sheerness. An officer deployed a DJI Matrice 30T, but during the flight, the drone reportedly struck an overhead power line. It then fell and struck a child, causing severe hand injuries that required them to be taken to a hospital for treatment. The confirmation of the crash and injury didn't occur until a freedom of information request was submitted. There currently aren't any updates on the status of the child struck by the drone, and while we don't normally cover stories out of the United States, we wanted to cover this one to remind everyone that safety must come first in any operation. Next up, a drones-for-good story! In Juneau County, Wisconsin, deputies used a drone to find a missing 85-year-old man. The sheriff's office received a call shortly after 5 p.m. about a man who had wandered into a dense wooded area and was possibly injured. Multiple agencies, including the fire department and the Department of Natural Resources, joined the search. As daylight started to fade and temperatures dropped, the situation became more urgent.Shortly before 7 p.m., deputies launched a drone over the search area. Using its camera, the drone team spotted the man stuck in thick mud and unable to free himself. Ground crews could have spent hours searching that difficult terrain on foot, but the drone provided an immediate bird's-eye view. Rescuers were able to reach him quickly and bring him to safety. He was taken to a medical center for evaluation but is expected to be fine. While the report didn't specify the exact drone model, it's likely it was equipped with a thermal camera, which is a game-changer in search and rescue. And finally this week, a story that went viral and shows a much more creative use for drones. A man in Dallas used a massive drone light show to propose to his girlfriend. Cybersecurity engineer Travon Duncan planned the elaborate proposal for his girlfriend, Erica McDowell, who is a content creator. The video, which you've probably seen on social media, shows hundreds of drones lighting up the Dallas skyline. They spelled out "Will you marry me?" and created animations of hearts, a ring box, and an infinity symbol.To pull this off, Duncan said he had to get a permit to block off nearby streets, which is a great reminder for all of us that you can't just fly over moving cars, even for a grand romantic gesture. He said the proposal was a "major investment," and I can only imagine! It's not every day you see someone take over the airspace of a major city for a proposal. The couple's friends and family were on a rooftop to watch the whole thing unfold. It's a pretty amazing use of drone show technology, and I have to say, he really raised the bar for proposals everywhere!Be sure to check out our Black Friday deals and we'll see you on Post Flight, our Premium community show where we share our uncensored opinions that aren't always suitable for YouTube! Have a great weekend! https://dronexl.co/2025/11/19/police-crashed-dji-drone-into-child/https://www.axios.com/local/dallas/2025/11/19/a-dallas-drone-proposalhttps://dronexl.co/2025/11/19/drone-wisconsin-deputies-missing-85-old-man/

Parker Weil is Executive Managing Director, Co-Head of Global Corporate and Investment Banking Coverage at TD Securities (TDS), and sits on the CIB Executive Management Committee. He is responsible for overseeing the business' global strategy, managing key relationships, and leading high-profile transactions to drive business growth and market expansion.   Prior to this, Parker was the Co-Head of the Financial Sponsors Group which manages the firm's relationships with Private Equity firms, Family Offices, and Independent Sponsors. He has over 30 years of experience providing M&A advice and capital raising services to companies in the manufacturing, energy & power, and business services industries. Prior to TD Cowen, Parker served as Managing Director and head of the Industrials and Natural Resources investment banking group for Stifel Financial Corp. He previously held roles at Bank of America Merrill Lynch and Salomon Brothers. Parker currently serves on the Board of Directors of 180 Degree Capital Corp. He has also served on Clean Energy Fuels and on the Board of Trustees of the Ridgewood Lacrosse Association.   Parker holds a BA in Economics from the University of Pennsylvania and an MBA from the Kellogg Graduate School of Management at Northwestern University.

Steve Gruber discusses news and headlines 

US Gold Corp (NASDAQ: USAU) represents an increasingly rare investment opportunity in the North American mining sector - a fully permitted, shovel-ready gold-copper development project approaching a critical inflection point. The company's CK Project in Wyoming is completing its Definitive Feasibility Study by mid-December 2025, with public release planned for January 2026, positioning investors ahead of formal project financing negotiations and potential strategic interest from consolidating producers.The project's fundamental advantages centre on infrastructure and operational simplicity. Located 20 miles from Cheyenne, Wyoming, the CK Project benefits from established power and water infrastructure, rail connectivity within three miles, and access to a skilled industrial workforce without requiring worker accommodation. Chairman Luke Norman emphasized this distinction: "If we were trying to build this up in the snow belts in Alaska or something, it would be an entirely different undertaking." These infrastructure advantages translate directly into reduced capital intensity and lower operating costs compared to remote mining developments.The operational approach further differentiates the project from conventional precious metals mining. Norman characterized it as "a glorified quarry just with a little more infrastructure to extract the minerals," utilizing straightforward crushing and flotation processes with no on-site smelting required. The geology enhances this simplicity, with mineralization exposed at surface and "the richest stuff at surface," eliminating extensive pre-stripping requirements and accelerating the timeline to cash flow generation.Project economics demonstrated sub-year payback potential in previous studies, an exceptional metric that speaks to rapid capital recovery. Whilst Norman acknowledged the forthcoming DFS will reflect increased capital costs for enhanced environmental measures, he maintained that "the margins on the project have just increased dramatically" due to gold and copper price appreciation. This economic robustness has attracted considerable financing interest, with Norman confirming "so many term sheet come across our desk in the last 12 months."The resource base comprises a 1.7 million ounce gold reserve supporting projected annual production exceeding 100,000 ounces over a minimum 10-year mine life. Importantly, management identifies potential for "another million ounces plus potential for harvesting within the pit," providing resource growth opportunity without requiring additional permitting or fundamental changes to the mining plan.The strategic context enhances the investment thesis. Norman characterized the project financing environment as "a lot of capital chasing very few projects that are permitted and ready to go," reflecting the scarcity of development-ready projects in North America. This dynamic creates both favourable financing terms and potential M&A premium, with Norman acknowledging the DFS completion "might even trigger some interest from an M&A perspective." Management's stated focus on equity value creation - "whatever is best for the stock" - aligns with shareholder interests across multiple potential value realisation pathways.For investors seeking exposure to North American gold and copper production development without the regulatory uncertainties that plague most junior mining investments, US Gold Corp offers a differentiated opportunity. The convergence of complete permitting, exceptional infrastructure advantages, robust project economics, secured financing interest, and imminent DFS completion positions the company for significant value creation as it enters what management anticipates will be "a really fast and furious 2026."

In this episode, we are privileged to be joined by the legendary crew from Michigan Out of Doors a cornerstone of Michigan outdoor television. We're diving into one of the most important topics affecting hunters, anglers, conservationists, and EVERY Michigan resident the management of our natural resources. We talk about the Michigan Department of Natural Resources what they're doing well, where they're falling short, and how WE think they should be managing public lands, wildlife, and waterways for generations to come. From deer populations and invasive species control to fishing access, permit systems, and the future of Michigan's wild spaces—we break down the real issues and propose REAL solutions. What You'll Learn: • The role of Michigan DNR in conservation & recreation • How wildlife & fish populations are being managed • Controversial policies and where improvements are needed • Our ideas for smarter stewardship and community involvement • Why YOU should care and how you can help shape the future Whether you're a seasoned outdoorsman or just love the Great Lakes State, this episode is for you. Watch our HISTORY Channel show on: - HISTORY Follow us on: - Facebook - Instagram - Twitter - Youtube - Our Website

On this episode, we are joined by Georgia State Representative David Huddleston. Rep. Huddleston is a fifth-generation farmer from Carrollton and runs a cow-calf operation alongside his family. Before being elected to office, Huddleston participated in NCBA's Young Cattlemen's Conference (YCC) where he came to Washington, D.C. to advocate for the cattle industry. That experience encouraged Huddleston to step up and run for public office to be an even strong voice for cattle farmers and ranchers. Today, Rep. Huddleston is the Secretary of the Georgia House Committee on Agriculture and Consumer Affairs and serves on the Georgia House Committees on Energy, Utilities, and Telecommunications; Interstate Cooperation; Natural Resources and Environment; and the Special Committee on Resource Management. Huddleston shares his story about standing up to be an advocate for the cattle industry.

For a long time, there's been this mostly unspoken rule that “real” outdoor experiences have to be rugged. You've got to rough it, hike ten miles in the rain, sleep on the ground and eat beans from a can — or else it somehow doesn't count. Luckily, that's changing. More and more people are discovering that you don't have to give up comfort to connect with the outdoors. Here in Pennsylvania – especially in state parks - that change has been evident. Instead of only offering tent sites, state parks have cottages, cabins, yurts and other accommodations. Many offer amenities like stoves, refrigerators, microwaves, tables and chairs.No longer are you forced to pack up everything you own for a weekend in the woods. You can book a comfortable accommodation AND still be in nature. However, these upgraded accommodations still have rubbed people the wrong way. It isn't “real' camping. What does that even mean anyway? Real camping? Does it mean sleeping on the ground. Waking up with a sore back and condensation in the tent. Cold and miserable. No thanks. It's that sort of attitude that I despise in the outdoors. You're not a real hiker unless. You're not a real hunter unless. You're not really camping unless. It's such a pointless and divisive way of thinking. Thankfully, the Pennsylvania Department of Conservation and Natural Resources does not think that way. They are more considered with getting people outdoors and meeting them where they are in their outdoor recreation journey. As opposed to bending them to their will.That's why I was so excited when they announced in 2025 that they were partnering with Timberline Glamping Company to bring glamping to seven Pennsylvania state parks in 2026. The public would have the chance to reserve one of the 54 fully outfitted sites —no gear needed. Glamping will be available in Pymatuning, Hills Creek, Promised Land, Hickory Run, French Creek, Codorus and Laurel Hill State Parks. Timberline will provide the beds, heat, air conditioning, coffee maker, linens, pillows and comfortable accommodations. All you have to bring is an open mind and a sense of adventure. These wonderful glamping spots are creating space for everyone to experience the magic of nature in their own way. By making the outdoors accessible for everyone- from people who don't own camping gear to those physically unable to sleep in a tent - glamping is opening doors, breaking down barriers and reimagining what it means to “get outside.” Because nature belongs to all of us — whether you're sleeping under the stars or under a heated canopy.On this episode I speak with Nathan and Rebeka Self, founders of Timberline Glamping Company, and Kaitlyn Gundersen-Thorpe, manager of the French Creek State Park Complex. Be sure to support our 2025 sponsors:Keystone Trails AssociationPurple Lizard MapsPennsylvania Parks and Forests FoundationSisters' SunflowersSupport the showVisit our website to learn more about the podcast, to purchase merch and to find out about our incredible sponsors. Follow us on Instagram and Meta to stay connected. Hosting, production and editing: Christian AlexandersenMusic: Jon SauerGraphics: Matt Davis

Interview with Gwen Preston, VP Communications, West Red Lake Gold MinesOur previous interview: https://www.cruxinvestor.com/posts/west-red-lake-gold-mines-tsxvwrlg-all-known-questions-answered-7761Recording date: 18th November 2025West Red Lake Gold Mines is restarting the Madsen Mine in Ontario's prolific Red Lake district, positioning itself as a rare new gold producer emerging at the beginning of a bull market rather than after years of depressed prices . The company targets commercial production in early 2026 with expected annual output of 50,000 ounces, growing to 100,000 ounces by 2028 through site optimization and development of the high-grade Rowan deposit .The third quarter of 2025 demonstrated significant operational momentum, with production exceeding 7,000 ounces generating $33 million in revenue . October data showed a 24% increase in daily mine tons compared to September, driven by completion of underground waste rock storage solutions that eliminated the need to truck waste material to surface, freeing equipment for ore movement . The company has achieved cash-flow positive status during ramp-up while maintaining over $45 million in treasury, providing substantial financial flexibility heading into commercial production .West Red Lake's dual-asset production growth plan aims to reach 100,000 annual ounces without requiring external financing . The first phase involves optimizing Madsen production to 60-65,000 ounces by 2027 as mining progresses to deeper, less-historically-worked zones with higher grades . The Rowan project, located 80 kilometers by road from Madsen, will contribute an additional 35,000 ounces annually starting in 2028 from a remarkably high-grade deposit averaging nearly 13 grams per ton . Critically, Rowan requires no mill construction, with ore trucked to the existing Madsen facility, simplifying permitting to an advanced exploration permit rather than full mining authorization.The company expects to finance Rowan's $70 million capital cost entirely from operational cash flow, spread over multiple quarters beginning mid-2026 . Management has explicitly stated no further equity financing is expected for Madsen, contrasting sharply with typical junior producers who exhaust capital during construction and face dilutive financings just as production begins . This financial discipline resulted from acquiring the asset at favorable terms and executing a methodical restart plan that prioritized reaching cash flow over aggressive production targets .Learn more: https://www.cruxinvestor.com/companies/west-red-lake-gold-mines-incSign up for Crux Investor: https://cruxinvestor.com

Interview with Mark Selby, Chief Executive Officer of Canada Nickel. Our previous interview: https://www.cruxinvestor.com/posts/g7-nations-advance-critical-minerals-pact-to-reshape-global-supply-chains-and-industrial-policy-8401Recording date: 18th November 2025Canada Nickel Company has secured a transformative milestone with its Crawford Nickel project's referral to Canada's Major Projects Office, joining only three mining developments selected for expedited government support. This highly selective designation provides coordinated permitting assistance, enhanced financing access, and direct political backing from Prime Minister Mark Carney and Minister of Natural Resources Tim Hodgson.The MPO, led by proven infrastructure executive Dawn Farrell and backed by $200 million in funding, functions as a single point of contact that eliminates bureaucratic duplication across federal and provincial jurisdictions. For Crawford, this translates to accelerated permitting timelines, with federal approvals targeted for early 2026 and provincial permits following through Ontario's new accelerated framework. CEO Mark Selby has committed to breaking ground by the end of 2026, representing an aggressive 18-month timeline from referral to construction start.Beyond permitting efficiency, the MPO provides priority access to international funding programs in France, Germany, and Japan, plus government-led engagement with sovereign wealth funds seeking billion-dollar co-investment opportunities. Canada Nickel expects multiple financing announcements through early-to-mid 2026, with the complete capital stack in place by mid-year to support a Q3-Q4 construction decision.The project's selection from among 15-20 late-stage critical minerals candidates validates Crawford's competitive positioning across government priorities: scale, deliverability, First Nations partnership, and low-carbon credentials. Prime Minister Carney's statement that Crawford is "setting a new standard in terms of how responsible mining gets done" underscores the political commitment extending well beyond typical project announcements. For investors, this government backing substantially de-risks the development pathway while providing clear near-term milestones for value inflection.—Learn more: https://cruxinvestor.com/companies/canada-nickelSign up for Crux Investor: https://cruxinvestor.com

Interview with Nic Earner, Managing Director of Alkane Resources Ltd.Our previous interview: https://www.cruxinvestor.com/posts/alkane-resources-asxalk-post-merger-gold-producer-targets-180k-aueq-ounces-7916Recording date: 17th November 2025Alkane Resources has successfully completed its transformational merger with Mandalay Resources, establishing itself as a diversified mid-tier gold producer with three operating mines across Australia and Sweden. The integration, finalized in August 2025, has delivered on all key strategic objectives while positioning the company for its next phase of growth in a strengthening gold price environment.The merger has transformed Alkane's market profile substantially. Production guidance now stands at 160,000-175,000 ounces annually, with management targeting a 180,000-ounce run rate by next year. Market capitalization has expanded from approximately A$900 million at the pro-forma merger date to around A$1.4 billion currently. Trading liquidity has improved dramatically, with daily ASX turnover reaching A$8 million and the company securing placement in the ASX 300 index while approaching ASX 200 status.Perhaps most significantly, Alkane maintains a pristine balance sheet with A$170 million in cash and bullion and zero debt beyond equipment financing. This financial strength, combined with the company's largely unhedged production profile, creates substantial cash generation capacity. Managing Director Nic Earner explained the mathematics: with 80% of production unhedged, "each 100 bucks you add to the gold price, it's 15 million bucks" in additional cash flow.Looking ahead, management has established a 12-month timeline for potential acquisitions while maintaining strict jurisdictional discipline, focusing exclusively on tier-one regions including Australia, New Zealand, USA, Canada, and Scandinavia. Simultaneously, operational priorities center on cost reduction at Sweden's Bjorkdal mine, where initiatives could reduce all-in sustaining costs by 20-25% from US$2,700 to approximately US$2,200 through production increases and grade optimization.The company's disciplined capital allocation framework, operational focus, and accelerating cash generation position Alkane as a compelling investment opportunity in the current gold market environment, with management emphasizing that superior cash accumulation should drive valuation re-rating versus comparable peers.View Alkane Resources' company profile: https://www.cruxinvestor.com/companies/alkane-resourcesSign up for Crux Investor: https://cruxinvestor.com

Interview with Thomas Mumford, President of Scottie Resources Corp.Our previous interview: https://www.cruxinvestor.com/posts/scottie-resources-tsxvscot-funded-to-advance-high-grade-2m-oz-gold-asset-in-bc-golden-triangle-5191Recording date: 17th November 2025Scottie Resources is positioning itself as a near-term gold producer through a direct ship ore (DSO) model that bypasses traditional milling infrastructure, targeting commercial production by mid-2028 at its flagship property 40 kilometers north of Stewart, BC. The company's strategic approach leverages existing deep water port facilities and high-grade mineralization outcropping at surface to accelerate project timelines while minimizing capital intensity in an environment of sustained elevated gold prices.The project's location adjacent to North America's northernmost ice-free deep water shipping port provides critical infrastructure advantages. Recently acquired by the Nisga'a First Nation in partnership with Tsimshian people, this facility already services established operations like Brucejack and Red Chris, eliminating concentrate transportation challenges that typically burden remote exploration projects. President Thomas Mumford emphasizes this represents "a simple project" that capitalizes on regional infrastructure rather than requiring standalone processing facilities costing $300-500 million.Ocean Partners secured an 11% equity position while committing $25 million US toward construction financing and an offtake agreement covering the feasibility-level resource. CEO Brent Omland joined Scottie's board concurrent with the transaction, aligning producer and offtaker interests. The agreement incorporates flexible buyout provisions and per-ton penalties rather than restrictive covenants, preserving Scottie's optionality as the project scales. This partnership capitalizes on favorable smelter market dynamics, with structural supply deficits in China driving negative treatment charges that enhance margins for direct ore shipments.Project economics demonstrate significant leverage to elevated gold prices, with preliminary economic assessment showing an NPV of $216 million CAD at $2,600 per ounce expanding to $670 million CAD at $4,200 per ounce with a 150% internal rate of return. The initial 18-month open pit phase targets 80,000 ounces at 7.7 grams per ton, generating sufficient cash flow to self-fund underground development and repay initial capital expenditures. This rapid payback profile reduces execution risk while accelerating unencumbered cash flow generation.Total capital requirements of $130 million CAD will be met through Ocean Partners' facility, traditional project financing structures evaluated post-feasibility study, and open pit cash flow. The company recently launched a $23 million financing round with strong insider participation, including mining entrepreneur Ross Beaty's 5% position. Management plans a competitive process for remaining funding, targeting a 70/30 debt-to-equity ratio that minimizes shareholder dilution while leveraging institutional appetite for senior secured positions in near-production precious metals projects.Permitting progresses through two-year environmental baseline studies initiated summer 2025, positioning Scottie to submit a Joint Permit Amendment Application in 2027. This streamlined pathway modernizes the property's historic mining permit rather than requiring full environmental assessment. Using Ascot Resources' eight-month approval precedent for a more complex operation, Mumford projects mid-2028 permitting completion enabling commercial production that year.First Nations relationships benefit from unique circumstances involving the Nisga'a Nation, BC's only treaty First Nation, whose recent port facility acquisition creates direct economic alignment with regional mining success. The company is negotiating an Impact and Benefit Agreement formalizing commercial terms and community commitments that underpin social license. Beyond near-term production, Scottie maintains active exploration targeting resource expansion from 700,000 ounces toward 2+ million ounces through a planned 10,000-meter drilling campaign in 2026.View Scottie Resources' company profile: https://www.cruxinvestor.com/companies/scottie-resources-corpSign up for Crux Investor: https://cruxinvestor.com

Interview with NexMetals Mining's CEO Morgan LekstromRecording date: 18 November 2025NexMetals Mining Corp has executed a comprehensive transformation that positions its two past-producing Botswana copper-nickel-cobalt assets as potential near-term development opportunities in a market characterised by acute supply constraints and major mining company acquisition activity.The company recently closed an US$80 million equity financing led by Texas-based institutional investor Condire Capital, which acquired a 9.9% stake, whilst existing major shareholder EdgePoint increased its position despite having no obligation to participate. The financing increased institutional ownership from 30% to 75% and eliminated US$21 million in legacy debt that had created a significant market overhang. With approximately US$90 million in cash, the company is fully funded for its 2026 work programme without near-term dilution requirements.Perhaps more significant than the financing itself is the metallurgical breakthrough that underpins the investment thesis. The original Selebi operation utilised a bulk concentrate smelter that subsequent owners dismantled. Rather than contemplate rebuilding infrastructure requiring over US$1 billion in capital, NexMetals' technical team developed concentrate-splitting technology that fundamentally alters project economics. Management now targets sub-US$500 million capital intensity per asset - a fraction of integrated smelter operations - whilst enabling cobalt recovery that previous operators could not economically achieve.The asset base comprises two distinct opportunities. Selebi represents an underground operation that produced continuously for over 30 years, with existing workings providing several years of access without additional development. The current resource stands at approximately 30 million tonnes grading 3.35% copper equivalent (roughly 1.75% copper and 1% nickel), with cobalt grades to be incorporated following metallurgical test work. Electromagnetic surveys have identified numerous additional conductive anomalies strongly associated with mineralisation, providing systematic drill targets for resource expansion.Selkirk presents a different profile as an open-pit deposit hosting over 200 million tonnes of mineralised horizon, though only 44 million tonnes currently feature in the resource estimate. The company completed a comprehensive 30,000-metre reassay programme of historical core and drilled 13 additional holes to support metallurgical test work, with a resource update expected in Q1 2026 and preliminary assessment-level economics targeted for Q2 2026.Management's strategy centres on demonstrating scale through 2026 exploration programmes before committing to development scenarios, targeting 15-20 year mine lives at optimal throughput rates. This approach positions the assets for either internal development or strategic transactions at substantially higher valuations than optimising smaller, near-term production scenarios. Selkirk, with its open-pit profile and platinum-palladium credits, may attract joint venture interest or acquisition proposals, potentially providing non-dilutive funding for Selebi North advancement.The board combines relevant experience across exploration, development, operations, and strategic transactions, including former BlackRock CIO Chris Leavy, former Gatos Silver CFO André van Niekerk (Gatos sold for US$1.2 billion), and Chairman Paul Martin (former CEO of Detour Gold). The team operates in Botswana's stable 59-year democracy with established mining infrastructure and government support for economic diversification away from diamonds.With preliminary assessments expected on both assets in 2026 and a compressed two-year strategic timeline, NexMetals has positioned itself as a potential acquisition target or development candidate in a copper-nickel market characterised by supply deficits and major company appetite for quality assets.

The Ministry of Lands and Natural Resources regrets to announce that a team of five (5) members of the National Anti-Illegal Mining Operations Secretariat (NAIMOS) was involved in a fatal motor accident Wednesday, 19th of November near the Obuasi Airport area.The incident occurred while the team was undertaking a major anti-galamsey operation aimed at curbing the menace of illegal mining within the enclave.

Prime Minister Mark Carney unveiled the latest list of major projects last week. While the list includes new projects, some question what's missing from the list, like pipelines. Heather Exner-Pirot, Senior Fellow and Director of Energy, Natural Resources and Environment at the Macdonald-Laurier Institute in Ottawa, joins Evan to explain what the announcement means and where the province stands on oil and gas.

Rafe and Harry discuss the general wonders, and the specifics of the combustion, of wood, one of the great (if not the greatest!) natural resources on planet earth.Again, more proof that this planet was made for us.*****As always, you can reach the Buf at bufnagle@bufnagle.com*****As you know, this is an independent podcast so your hosts also carry all the expenses of running this podcast. As such, some of you have asked how you can help out. Well, here's the answer: support us on Buy Me a Coffee:https://buymeacoffee.com/bufnagleOn this page, you can do a really nice thing like send us a couple dollars to help cover the cost of recording and hosting and microphones and research and all that. Any little bit really helps! Thank you in advance!!!

Interview with Justin van der Toorn, President & CEO of Greenheart Gold Inc.Our previous interview: https://www.cruxinvestor.com/posts/greenheart-gold-tsxvghrt-proven-explorer-accelerates-guiana-shield-drilling-for-major-discovery-8003Recording date: 17th November 2025Greenheart Gold (TSXV:GHRT) is leveraging a proven management team and substantial capital base to pursue multiple gold discoveries across Guyana and Suriname. Led by President and CEO Justin van der Toorn, the executive team previously built Reunion Gold and discovered the 6-million-ounce Oko West deposit, which is now advancing toward production in 2027. This track record provides credibility as Greenheart pursues its disciplined exploration strategy across the highly prospective Guyana Shield.The company's most distinguishing feature is its approximately $35 million cash position—unusual for a junior explorer. This capital cushion enables Greenheart to operate differently than competitors, maintaining exploration momentum across multiple projects simultaneously without the constant pressure of capital raises and shareholder dilution. As van der Toorn explains, this financial flexibility allows systematic project evaluation where promising targets advance quickly while underperforming projects are dropped without hesitation.Greenheart has already demonstrated this discipline by relinquishing certain Guyana projects that failed to generate attractive drilling targets or lacked the scale necessary for economic development. The company recognizes that discovery thresholds vary significantly based on location—projects near existing operations like Newmont's Merian mine could be valuable with smaller discoveries, while remote interior projects require substantially larger deposits.Currently, Greenheart is executing an active drilling program at its Majorodam project in Suriname, with 1,500 meters planned by year-end. The program builds on earlier reverse circulation and diamond drilling that established structural controls on mineralization. Additional drilling campaigns are scheduled for Igab in January 2026 and Tosso Creek in Q1 2026, creating multiple discovery opportunities over approximately six months.Operating in Guyana and Suriname provides significant jurisdictional advantages, including efficient permitting and established infrastructure. The Oko West example demonstrates what's achievable: a seven-year timeline from discovery to production, remarkably fast by global standards. Greenheart maintains all-in drilling costs of approximately $300 per meter despite challenging jungle terrain, reflecting operational efficiency developed through years of regional work.Despite favorable gold market conditions creating investor demand for rapid results, Greenheart maintains its methodical approach of thorough soil sampling, trenching, and structural mapping before committing significant drill capital. This strategy optimizes capital efficiency even if it doesn't generate the rapid-fire news releases some investors expect in strong markets.With three Suriname projects at various advancement stages, proven management expertise, operational efficiency, and financial flexibility to maintain exploration momentum, Greenheart Gold has positioned itself to systematically pursue new discoveries in one of the world's premier exploration environments.View Greenheart Gold's company profile: https://www.cruxinvestor.com/companies/greenheart-gold

Interview with Riaan Davel, CFO, and Henriette Hooijer, CFO Designate and GM: Finance of DRDGOLD Ltd.Our previous interview: https://www.cruxinvestor.com/posts/drdgold-nysedrd-moving-towards-200000-oz-gold-production-from-tailings-8411Recording date: 17th November 2025DRDGOLD Limited, a 130-year-old South African gold mining company, is executing a carefully orchestrated leadership transition as CFO Riaan Davel prepares to hand over responsibilities to Henriette Hooijer on February 1, 2026. The succession, built on a 20-year working relationship including nine years together at DRDGOLD, reflects the company's commitment to maintaining strategic continuity as it pursues ambitious growth plans.The company operates a distinctive business model focused on surface tailings retreatment—processing historical mining waste to extract gold while simultaneously remediating over a century of environmental damage. This "mega volumes, nano recovery" approach processes material containing just 200 parts per billion of gold, demonstrating that environmental restoration and economic viability need not be mutually exclusive. As Davel explains, "We own waste essentially. So how do we make the most of that?"DRDGOLD's disciplined execution has generated impressive results. Market capitalization has grown to approximately $2 billion, enabling capital deployment of roughly 10 billion rand in recent years, with another 8 billion rand planned over the next three years. This investment is building infrastructure designed for 20-40 year operational lifespans at operations like Far West, while repositioning the older Ergo facility for improved cost efficiency.Despite favorable gold prices—currently around 2.2 million rand per kilogram versus 600,000 rand when Far West was initially planned- management maintains the cost discipline developed during tougher market conditions. The company has paid dividends for 18 consecutive years while internally financing major capital projects, balancing stakeholder interests through what Davel describes as keeping "all your stakeholders equally unhappy" to optimize long-term resource extraction over short-term profit maximization.Looking ahead, DRDGOLD is exploring expansion opportunities across Africa and potentially South America, considering partnerships with established operators in unfamiliar jurisdictions while maintaining gold as its primary focus. Hooijer's operational project experience, combined with Davel's continued 12-month consulting support, positions the company to execute its Vision 2028 strategy while exploring how its proven retreatment model might address tailings challenges for major mining companies globally.View DRDGOLD's company profile: https://www.cruxinvestor.com/companies/drdgold-limitedSign up for Crux Investor: https://cruxinvestor.com

Interview with Hayden Locke, President & CEO of Marimaca Copper Corp.Our previous interview: https://www.cruxinvestor.com/posts/marimaca-copper-tsxmari-environmental-milestone-clears-path-for-q1-2026-ground-breaking-8471Recording date: 14th November 2025Marimaca Copper is advancing its Pampa Medina project in northern Chile with drill results that significantly exceed expectations and confirm the potential scale of a sedimentary-hosted copper system. The latest intercepts include nearly 50 meters at 2% copper within a broader 160-meter zone grading 1% copper, representing a material extension to the oxide envelope with grades surpassing current resource models.The company's aggressive exploration strategy has delivered impressive results from long-distance stepout drilling. Holes positioned 900 meters south of known mineralization successfully intersected the same sedimentary horizon, encountering zones of 20 to 40 meters at 1.5% copper. According to CEO Hayden Locke, these results were "thicker higher grade zones than we were expecting in that area where we thought it was going to be thinning," prompting continued drilling in multiple directions.Marimaca is executing a 30,000-meter drill program split between aggressive 300-meter-spaced stepouts to define deposit limits and tighter infill drilling to establish grade continuity. The approach reflects confidence that sedimentary-hosted copper systems "tend to be laterally and regionally quite extensive," with early results suggesting mineralization across a basin spanning multiple kilometers.Perhaps most significantly, geological review has prompted a fundamental reassessment of the deposit's development potential. The mineralized sedimentary horizon averages over 200 meters thickness with consistent grades, leading management to reconsider what was previously viewed as an underground-only opportunity. The identification of lower-grade material in halos around high-grade cores suggests potential for large-tonnage open-pit development, fundamentally expanding the project's scale.The oxide resource, originally expected to add 20,000 tons of annual copper production, now appears poised to deliver "significantly more than that" according to Locke. The company is targeting release of a standalone Preliminary Economic Assessment by December 2025, which will provide initial economics for the oxide opportunity while sulfide potential continues to be evaluated through ongoing exploration.View Marimaca Copper's company profile: https://www.cruxinvestor.com/companies/marimaca-copperSign up for Crux Investor: https://cruxinvestor.com

Interview with Trey Wasser, CEO of Dryden Gold Corp.Our previous interview: https://www.cruxinvestor.com/posts/dryden-gold-tsxvdry-centerra-backed-explorer-targets-district-scale-gold-in-ontario-8109Recording date: 17th November 2025Dryden Gold Corp (TSXV: DRY) has emerged as a compelling strategic acquisition target in Ontario's gold sector following successful execution of its 2025 exploration program and explicit endorsement from major mining company partners. The company controls 70,000 hectares in northwest Ontario hosting multiple high-grade gold discoveries across four distinct mineralization types, with fully funded drilling planned for 2026 under management explicitly targeting a Great Bear Resources-style exit.The investment thesis centers on systematic district-scale exploration designed to attract strategic buyers rather than pursue standalone mine development. Recent drilling fundamentally reshaped the geological understanding at the Gold Rock target area, revealing nine interconnected high-grade structures within a 300-meter span—including intercepts of 300 grams per ton over 3.9 meters and 55 grams per ton over 3.5 meters—connected by continuous one gram per ton mineralization. This discovery transformed what appeared to be isolated veins into an integrated system where lower-grade material provides economic continuity while high-grade shoots create exploration upside.Strategic validation provides perhaps the most compelling near-term catalyst. Centerra Gold invested in 2024 and has explicitly directed management to continue district-scale exploration rather than focus exclusively on infill drilling at known high-grade zones. Alamos Gold maintains similar engagement, while additional confidentiality agreements with unnamed major and mid-tier mining companies indicate active corporate interest. These sophisticated mining companies endorse the systematic approach because it generates the comprehensive geological understanding and high-quality data they require for acquisition decisions.The technical team significantly de-risks execution. President Maura Kolb led the Red Lake mine exploration team for five years, managing 90 personnel and a $50 million annual budget while reducing finding costs from $500 to $50 per ounce. Her major-mine experience directly informs Dryden's exploration protocols including oriented core drilling, 100% core assaying, and property-wide geochemical surveys—practices that distinguish systematic explorers from promotion-focused juniors. Kolb's team discovered the hanging wall structures specifically because they assayed all rock types rather than only visible quartz veins.The property's geological diversity creates multiple value pathways. Beyond the Archean lode gold system at Gold Rock—which Kolb compares directly to Red Lake geology—the company has confirmed intrusive-related mineralization at Sherridon, granite diorite-hosted stockwork at Hyndman analogous to NexGold's 1.5-million-ounce Goliath Gold project, and VMS-style mineralization elsewhere. CEO Trey Wasser characterizes this as a "Timmins-like camp" where exceptional gold endowment manifests across multiple geological settings, creating optionality for project-specific joint ventures or staged transactions.Infrastructure advantages reduce development risk and enhance acquisition appeal. Highway 502 provides direct access from Sherridon through Gold Rock to the town of Dryden, while the Trans-Canada Highway accesses Hyndman. Both regional projects have been clear-cut for logging, creating existing access roads. The northwest Ontario location provides political stability, established mining regulations, available contractors and skilled labor, and proximity to operating mines including Red Lake—attributes that command premium valuations as mining companies reassess exposure to jurisdictions with increasing political risk.Dryden enters 2026 fully funded from August 2025 financing to complete 20,000-25,000 meters of drilling, with approximately 50% dedicated to Gold Rock expansion and the remainder advancing multiple district targets. At $4,000 gold, the company offers leveraged exposure to exploration success, strategic transaction, or both, backed by partner validation and systematic technical approach designed specifically for strategic buyer requirements.View Dryden Gold's company profile: https://www.cruxinvestor.com/companies/dryden-goldSign up for Crux Investor: https://cruxinvestor.com

Recording date: 14th November 2025The precious metals sector is experiencing a convergence of favorable conditions that veteran investors describe as one of the best commodity setups in decades. At the recent Precious Metals Summit in Zurich, industry leaders including Pierre Lassonde, Frank Giustra, and Marc Faber highlighted observable market fundamentals supporting this outlook: global liquidity at record highs, structural demand emerging from technological infrastructure, and mining companies generating unprecedented cash flows while trading at reasonable valuations.Global liquidity continues expanding despite recent volatility. The People's Bank of China maintains liquidity injections, while the New York Fed has announced plans for substantial liquidity injection into US markets during Q1 2026. The recent government shutdown ending will release capital trapped in the treasury system for over a month. This liquidity expansion creates sustained support for precious metals as fiat currency purchasing power deteriorates.A less obvious but transformative demand driver emerges from artificial intelligence infrastructure development. The US needs to build at least 350 gigawatts of power dedicated to AI infrastructure—equivalent to 50 nuclear power plants—representing a trillion-dollar investment cycle for power generation alone. This excludes electrical grids, transmission infrastructure, and computing hardware. Recent government partnerships with Brookfield, Cameco, and Westinghouse for nuclear facility development signal the beginning of infrastructure spending requiring massive copper, steel, and concrete quantities while necessitating continued government liquidity injection supportive of gold prices.Third quarter 2025 results demonstrated the financial leverage inherent in gold mining operations. AngloGold Ashanti increased quarterly operating cash flow from $300 million to $1.4 billion—more than quadrupling while gold prices doubled. Even accounting for the Centamin acquisition contributing 20% of production, cash flow expansion significantly exceeds gold price appreciation. The company now operates with zero net debt, increased dividends, and strategic flexibility for acquisitions or capital returns while trading at roughly half the valuation of Agnico Eagle Mines despite comparable cash generation.K92 Mining offers equally compelling value, posting six consecutive quarters of free cash flow while organically funding construction of a complete new mill, twin declines, and associated infrastructure. The Phase 3 expansion completing commissioning in Q4 2025 will drive significant cash flow growth as throughput increases with minimal incremental operating costs. Operating costs scale favorably—an 800 tonne per day mill requires similar oversight as a 3,000 tonne per day mill. Market valuations have not yet reflected this coming cash flow expansion, creating opportunity for investors who understand the timeline and trust management execution.The M&A cycle is accelerating as producers with pristine balance sheets deploy capital. Recent examples include B2 Gold taking a 19.9% stake in Prospector Generator (now funded with $40 million for 2026 exploration), Probe Gold's acquisition, New Gold's pending takeover, and Gold Fields committing $50 million to junior investments. The competition for quality assets remains in early stages despite this activity.Investment opportunities span the market capitalization spectrum: established producers generating record profits at reasonable valuations, funded developers approaching major cash flow inflections, and well-backed exploration companies positioned for discoveries. Current Q4 volatility represents tactical entry opportunities before typical Q1 seasonal strength, with multiple fundamental drivers supporting sustained outperformance of real assets over the coming decade.Learn more: https://cruxinvestor.comSign up for Crux Investor: https://cruxinvestor.com

Interview with Paul Gow, CEO, Tribeca ResourcesOur previous interview: https://www.cruxinvestor.com/posts/tribeca-resources-trbc-why-copper-start-up-is-hitting-it-big-2978Recording date: 14th November 2025Tribeca Resources Corporation has rapidly emerged as a focused copper exploration company in northern Chile, backed by a recent C$6.5 million financing that exceeded its original C$5 million target. The raise, completed in a strengthening copper market, brought 82 investors onto the register, including 67 new shareholders, and diversified ownership while still keeping management significantly aligned through a 22% stake. This capital provides roughly 18 months of runway and positions the TSX Venture-listed junior to advance a three-project portfolio across several of Chile's most prolific copper belts.At the core of Tribeca's strategy is a portfolio approach to early-stage exploration, designed to manage the inherent risk of discovery. The flagship La Higuera project, located in Chile's coastal iron oxide copper gold (IOCG) belt, is the most advanced asset, with about 10,000 meters of drilling completed. Results outline a 1.5-kilometer mineralized strike with broad copper intersections amenable to open-pit, bulk-tonnage development. Low all-in drilling costs of roughly 300 USD per meter, shallow cover, and strong infrastructure support an efficient exploration model. Planned 4,000-meter drilling will expand known zones, test additional targets, and refine the project toward eventual resource definition, while metallurgical work highlights copper, gold, magnetite, and cobalt recovery potential.Complementing La Higuera, the newly acquired Jiguata project offers high-risk, high-reward exposure to a large porphyry system in a belt hosting world-class deposits such as Chuquicamata. A back-end loaded, five-year option agreement totaling 15 million USD minimizes early cash outlay and mandates 3,000 meters of deep drilling to properly test the system. Tribeca aims to generate clear technical outcomes that can either justify a major joint venture or allow disciplined exit. A third project, Chiricuto, remains in the portfolio as an earlier-stage opportunity, underscoring the company's willingness to follow data and recycle assets as value and results dictate.Tribeca augments traditional geological expertise with artificial intelligence, partnering with WovenAI to interrogate Chile's SIGEX database of more than 1,200 prospects and rank the top IOCG targets for potential acquisition. Operating with a lean team and directing a high proportion of capital into the ground, the company offers investors leveraged exposure to copper discovery in a tier-one jurisdiction, balancing near-term advancement at La Higuera with the scale potential of Jiguata and future AI-driven project generation.Learn more: https://www.cruxinvestor.com/companies/tribeca-resourcesSign up for Crux Investor: https://cruxinvestor.com

Dr. Janet Roark was raised in Central Michigan. She knew from an early age that she wanted to be a Veterinarian, and started working in a Veterinary Clinic as a teenager. She also was introduced to wildlife rehabilitation when she was young, through her father's job as a Biologist with the Department of Natural Resources.She did her undergraduate work at the University of Findlay and earned her DVM from Michigan State University in 2005. After graduation, she worked for the United States Department of Agriculture and started her own mixed animal mobile practice in Michigan.In 2009, she moved to Austin, Texas and started a mobile mixed animal practice there. She had been exposed to equine acupuncture and chiropractic during her undergraduate years, and was certified by IVAS in acupuncture after moving to Texas.A personal health challenge led her to using essential oils for herself and then extending their use for her animal patients. In 2019, she started her own essential oil business, educating owners and veterinary professionals about the use of essential oils. As part of this effort, she has written a guidebook, presented lectures both online and in-person, and authored numerous publications both online and in print.Please enjoy this conversation with Dr. Janet Roark as we discuss her introduction to veterinary medicine, her early work history, her interest in acupuncture and essential oils, and her recent animal chiropractic certification.

Jacob and Eric catch up to discuss the rut. They cover everything from what triggers the rut to phases of the rut, changes in buck behavior, and hunting strategies. Check out the MSU Deer Lab's online seminar series (here) and select the Natural Resources option from the Categories drop-down menu. You will need to create an account to view the seminars. The seminars are free unless you are seeking professional educational credits. Also, be sure to visit our YouTube channel (here)

Interview with Shaun Bunn, Managing Director of Empire Metals Ltd.Our previous interview: https://www.cruxinvestor.com/posts/empire-metals-loneee-titanium-market-disruptor-targets-2026-pilot-pant-7736Recording date: 12th November 2025Empire Metals is developing the Pitfield project in Western Australia, home to one of the world's largest titanium deposits with a maiden resource estimate of 2.2 billion tons grading just over 5% TiO2. This multigenerational asset positions the company as a potential disruptor in global critical minerals supply chains at a time when the industry faces unprecedented restructuring.The company's strategic advantage extends beyond scale. Pitfield's geology features high-purity titanium minerals formed through weathering processes in sandstone formations, eliminating deleterious elements that typically complicate conventional processing. Empire has already produced 99% pure TiO2 products, validating the ore's metallurgical responsiveness and demonstrating the viability of its innovative hydrometallurgical approach.Unlike traditional titanium processing that relies on energy-intensive smelting and generates substantial waste, Empire's three-stage process bypasses these costly operations entirely. The surface deposit requires no blasting, drilling, crushing, or grinding, with friable material feeding directly into flotation circuits. This technical differentiation, combined with low mining costs, positions Empire to deliver products at significantly lower cost than 90% of existing global supply.Management is pursuing dual revenue streams, targeting both pigment production and strategic metal feedstock for defense and aerospace applications. The company has engaged with Boeing, the U.S. Department of Defense, and other end-users to align product specifications with market demand before finalizing process design. This customer-driven approach preserves optionality while reducing downstream marketing risk.The timing proves strategic. Major producers including Rio Tinto, Venator, and Iluka are retreating from titanium operations amid Chinese price competition and tariff responses. Empire aims to fill emerging supply gaps with government support through Australia's $4 billion Critical Minerals Facility.With £11 million in funding secured and continuous piloting targeted for mid-2026, Empire maintains development momentum toward demonstrating cost competitiveness and securing end-user commitments that could accelerate the project's pathway to production.View Empire Metals' company profile: https://www.cruxinvestor.com/companies/empire-metalsSign up for Crux Investor: https://cruxinvestor.com

On the phone-in: Jess Ross, author of "Rise: A devotion to whole grains" answers questions about baking bread. And off the top of the show, we hear from John Herron, New Brunswick's Minister of Natural Resources. He speaks about the Sisson mine near Stanley, NB. And we also hear about an event at UPEI called "Find Your Indigenous Path".

Interview with Scott Caithness, Managing Director of Hawk Resources Ltd.Our previous interview: https://www.cruxinvestor.com/posts/hawk-resources-asxhwk-new-exploration-model-revitalises-historic-utah-mining-district-6860Recording date: 12th November 2025Hawk Resources (ASX:HWK) is preparing to drill its flagship Cactus copper-gold project in Utah this December, targeting five high-priority prospects in a historically productive mining district. Managing Director Scott Caithness recently outlined the company's systematic exploration approach and the multiple pathways to value creation at this advanced-stage project.The Cactus district boasts an impressive mining heritage, with the original mine operating between 1905 and 1920, producing 1.3 million tons at 2% copper with gold credits of 0.3 grams per ton and 6-7 grams per ton silver. Modern exploration has validated this potential, with Rio Tinto's previous work intersecting 42 meters at 1.9% copper and 0.6 g/t gold, while multiple historical drill holes have exceeded 1.4% copper grades.Hawk has employed a sophisticated dual-track strategy, identifying both deep geophysical targets with district-scale potential and near-surface oxide mineralization that could provide rapid development opportunities. The company's comprehensive geophysical surveys and systematic soil sampling—the first conducted over these targets - have defined five priority drill targets ranked by geological confidence.The Copperopolis target exemplifies the project's exploration potential, featuring a massive geophysical anomaly with surface soils returning up to 1,000 ppm copper. A 1974 drill hole off the anomaly's edge intersected 30 meters at 0.2% copper, yet the core remains untested with potential for substantial mineralization.With A$5 million recently raised and Utah permitting expected by end-November 2025, Hawk is fully funded for its 12-hole drilling program. Initial assay results are anticipated in Q1 2026, providing regular newsflow through the critical discovery phase.Beyond Cactus, the company has secured the Olympus scandium project in Western Australia, featuring a 4km x 7km soil anomaly grading over 500ppm scandium. This provides significant optionality in an emerging critical mineral with growing aerospace and defense applications, currently valued at approximately $3-3.5 million per ton.View Hawk Resources' company profile: https://www.cruxinvestor.com/companies/alderan-resourcesSign up for Crux Investor: https://cruxinvestor.com

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

This week Peter Neill, founder of W2O and host of World Ocean Radio, argues that wars, particularly those in the Middle East, are all about the water: rivers, access to the sea: water is the source of life, and of conflict. We all need it in equal measure every day to survive, to thrive, to sustain our nations, cities, agriculture, and ourselves. About World Ocean Radio World Ocean Radio is a weekly series of five-minute audio essays available for syndicated use at no cost by college and community radio stations worldwide. Peter Neill, Founder of the World Ocean Observatory and host of World Ocean Radio, provides coverage of a broad spectrum of ocean issues from science and education to advocacy and exemplary projects.World Ocean Radio 15 years More than 760 episodes Ocean is climate Climate is ocean The sea connects all thingsWorld Ocean Radio: 5-minute weekly insights in ocean science, advocacy, education, global ocean issues, marine science, policy, challenges, and solutions. Hosted by Peter Neill, Founder of W2O. Learn more at worldoceanobservatory.org

Join us as Dr. D.J. McNeil, UK Forestry and Natural Resources, talks about our feathered friends in another edition of Wings of Kentucky. Also on tap...Dr. Amanda Gumbert, UK Forestry and Natural Resources-Extension, and Dr. Brian Storz, KY Division of Water, will discuss the Licking River Watershed. 11.5.25 For more episodes of From the Woods Today, visit https://forestry.ca.uky.edu/woods-today

 This week we are joined by Dr. Mark Turner of Oklahoma State University. Mark is an Assistant Professor and Extension Wildlife Specialist in the Department of Natural Resources, Ecology and Management. Our discussion matches his research focus on applied habitat management practices. We talk about improving properties and some of the limiting factors. The first question we ask though…What would you do if someone intentionally shot your hunting dog? Listen, Learn and Enjoy.  Send a text message to the show! Support the showStay connected with GameKeepers: Instagram: @mossyoakgamekeepers Facebook: @GameKeepers Twitter: @MOGameKeepers YouTube: @MossyOakGameKeepers Website: https://mossyoakgamekeeper.com/ Enter The Gamekeeper Giveaway: https://bit.ly/GK_Giveaway Subscribe to Gamekeepers Magazine: https://bit.ly/GK_Magazine Buy a Single Issue of Gamekeepers Magazine: https://bit.ly/GK_Single_Issue Join our Newsletters: Field Notes - https://bit.ly/GKField_Notes | The Branch - https://bit.ly/the_branch Have a question for us or a podcast idea? Email us at gamekeepers@mossyoak.com

Wade Crowfoot leads California's Natural Resources Agency, which has been implementing a groundbreaking set of policies designed to end the 60-year-old conflict among agricultural and environmental interests in order to achieve an impressive set of ecological and rural economic goals 

Interview with Hayden Locke, CEO & Jose Antonio Merino, CFO of Marimaca CopperOur previous interview: https://www.cruxinvestor.com/posts/marimaca-copper-tsxmari-industry-leading-economics-meet-growth-potential-7830Recording date: 10th November 2025Marimaca Copper has secured environmental approval for its oxide copper project in northern Chile, marking a significant milestone that positions the company to break ground by the end of Q1 2026. The approval, granted through Chile's Declaration of Environmental Impact (DIA) pathway, represents years of strategic planning and proactive stakeholder engagement that distinguished the company's approach from typical mining development.The DIA approval followed submission of a comprehensive 4,800-page document that underwent rigorous review by 17 separate government agencies. Each agency examined whether the project would generate "significant environmental impact" within their specific scope, from water resources and flora to archaeology and air quality. Managing Director Jose Antonio Merino emphasized that the pathway selection was not arbitrary but rather "a result of your environmental impact assessment," with the company's design qualifying for the streamlined DIA process by demonstrating minimal environmental impact.Marimaca's strategic approach centered on designing the project around environmental sensitivities from the outset rather than retrofitting considerations after engineering completion. This methodology, while adding approximately one quarter to the submission timeline, proved instrumental in securing approval. The company also engaged proactively with local communities despite no regulatory mandate, opening dialogue about expectations and concerns that informed the final community engagement plan.The approval arrives amid favorable shifts in Chile's political environment, where Merino noted "more consensus in the Chilean political and regulatory agencies about the importance of economic growth" compared to the environmentalist wave of four to five years ago. CEO Hayden Locke views the timing as optimal, stating that "the next 5 to 10 years in copper is going to be very favorable, and we are coming to market with a new project at exactly the right time."With primary environmental approval secured and remaining sectoral permits considered low-risk, Marimaca has successfully navigated what Locke described as permitting issues that have "delayed junior companies in some cases by two decades," positioning the oxide project for near-term construction commencement.Learn more: https://www.cruxinvestor.com/companies/marimaca-copperSign up for Crux Investor: https://cruxinvestor.com

KVMR News speaks with Dr. Daniel Swain, a climate scientist with the University of California Agriculture and Natural Resources and creator of the popular Weather West blog, about Nevada County's impending winter weather and the effects of DOGE cuts and the historic government shutdown on National Weather Service employees. 

Join host Brent Barnett on this episode of Brownfield's Outdoor Adventures as he's joined by Jeff Pritzl, deer program specialist with the Wisconsin Department of Natural Resources. Jeff shares the fascinating story of Wisconsin's rare white deer — how they came to be, what makes them so unique, and why the state has chosen to protect them. Whether you're a hunter, wildlife enthusiast, or simply curious about these striking animals, this episode sheds light on one of Wisconsin's most remarkable deer populations.See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

Bert Cregg is a professor of Horticulture and Forestry in Michigan State University's College of Agriculture and Natural Resources.Cregg talks about the Christmas tree industry's place in Michigan's economy and says there are plenty of trees available for those who want them this season. He talks about the latest MSU research on Christmas trees and says that climate change is likely already impacting the industry. And he shares his tips for selecting, caring for, and properly disposing of a real tree.Conversation Highlights:(0:29) - Talk about Michigan's Christmas tree industry and its economic impact in the state.(1:27) - What's your background, and how did you originally become interested in studying Christmas trees?(2:31) - What are your and MSU's research interests and activities in this area? (6:25) - How's the supply this year? Are there plenty of trees to go around for all who want them?(8:25) - Is climate change impacting the industry? If so, how?(11:30) - Compare and contrast real and artificial trees and their respective impacts on the environment?(14:53) - What are your tips for selecting, maintaining, and properly disposing of a real Michigan Christmas tree? (20:04) - What is the Michigan Christmas Tree Association?Listen to “MSU Today with Russ White” on the radio and through Spotify, Apple Podcasts, and wherever you get your shows.

The most substantial by-product of human consumption is waste, thus far omitted on balance sheets and in calculation of individual and gross national product. Waste comes in many forms: polluted water, poisoned land, energy lost, habitat destroyed, industrial waste, food discarded, planned obsolescence, even recycling. What remains? The ocean. While under stress by the same forces, it contains the necessary supply of source and resource if we have the courage to sustain it.About World Ocean Radio World Ocean Radio is a weekly series of five-minute audio essays available for syndicated use at no cost by college and community radio stations worldwide. Peter Neill, Founder of the World Ocean Observatory and host of World Ocean Radio, provides coverage of a broad spectrum of ocean issues from science and education to advocacy and exemplary projects.World Ocean Radio 15 Years, 760+ Episodes Ocean is climate Climate is ocean The sea connects all thingsWorld Ocean Radio: 5-minute weekly insights in ocean science, advocacy, education, global ocean issues, marine science, policy, challenges, and solutions. Hosted by Peter Neill, Founder of W2O. Learn more at worldoceanobservatory.org

Bill Stormont has worked in Hawaiian land stewardship for more than forty years. Born to a multi-generational Hāmākua family and raised on Hawaiʻi Island, Bill started in high school building trails and fences beginning in 1976 through the Youth Conservation Corps. His career within the Department of Land and Natural Resources has taken him from natural areas preservation, to trails and access, and Mauna Kea stewardship. Bill gets into the controversies around feral pig removal in sensitive ecosystems, as well as managing eucalyptus stands for commercial ventures on Hawaiʻi Island, and why coming into any endeavor with heart first is always an essential approach.

Join us for a creepy journey into the forest! Dr. Jonathan Larson from UK Entomology will uncover the creepy critters lurking in and around our woodlands.   Also on tap...Laurie Thomas, UK Forestry and Natural Resources -Extension will dive into the eerie origins of spooky tree names. And William Gibson, UK Forestry and Natural Resources student, will help us discover the strange and carnivorous world of Venus flytraps. 10.29.25 For more episodes of From the Woods Today, visit https://forestry.ca.uky.edu/woods-today.   

Recording date: 4th November 2025The gold mining sector demonstrated extraordinary financial performance in Q3 2025, with gold stabilizing near $4,000 per ounce and silver between $47-49 after a recent $300 pullback. Major producers generated unprecedented free cash flow despite market volatility, positioning the sector for sustained growth.Agnico Eagle Mines produced exceptional results with $3 billion in revenue and 66% gross margins, generating $1.2 billion in free cash flow at all-in sustaining costs of $1,400 per ounce. At current gold prices, this translates to approximately $17-18 million in daily free cash flow. Newmont Corporation similarly posted strong performance with $8 billion in revenue and $1.6 billion in free cash flow from 1.4 million ounces produced.Despite Federal Reserve rate cuts temporarily reducing global liquidity flows, the fundamental investment case for precious metals remains robust. Market weakness may extend through November, but recovery is anticipated approaching December's Fed meeting as monetary debasement trends continue supporting sector strength.M&A activity accelerated significantly with Fresnillo acquiring Probe Gold for $780 million cash, marking the world's largest primary silver producer's expansion into Canadian gold assets. This departure from Mexican operations may signal jurisdiction concerns given limited recent permitting activity. Coeur Mining's acquisition of New Gold demonstrated valuation arbitrage opportunities, with the U.S.-domiciled company leveraging its 50% premium to double operational scale while achieving 40% net accretion.Strategic investments are flowing downstream from major producers to developers and explorers. Gold Fields invested $50 million in Founders Metals targeting Suriname projects, while B2Gold deployed $10 million into Prospector Metals for Yukon exploration. These investments represent modest commitments relative to daily free cash flow generation Agnico's $180 million Perpetua investment equals just ten days of current free cash flow.The preference for cash transactions injects capital directly into specialist mining funds likely to redeploy within the sector, creating a multiplier effect. Development-stage assets trading at 0.4 times net asset value versus full NAV multiples for producers enable immediate accretion through strategic acquisitions.This capital migration down the market capitalization structure from major producers to mid-tier companies, developers, and explorers represents an early-stage phenomenon with substantial additional activity expected as producer profitability compounds at sustained gold prices.Sign up for Crux Investor: https://cruxinvestor.com

Chronically parched is not something anyone in this country or anywhere should ever have to feel, but here we are. So how are towns and states making clean water more affordable, reliable, and less controversial? 'cause remember, it's fucking water. Look, you might feel like you're giving it all you got but when you look around things are a little dark out there. So you, our listeners and readers and viewers and users, whatever, across the world, want and demand more examples of fight and progress you can see and touch and feel, taste, and in these conversations, in this special series, in our partnership with our best friends that Run For Something, we're gonna do that.Each of these episodes features two guests both sourced from the Run For Something pipeline and graduating classes. First, I'll introduce one young elected official at the state or local level who has actually made real measurable progress on an issue facing more Americans than ever before, something that you'll notice.And then in the same episode, I'll introduce a bright-eyed candidate who's currently running for a state legislature for mayor, for city council, or for school board, who is similarly hellbent on attacking the same issue in their own hometown or their state. And for all you know, one of these could be in yours or near yours, or just have lessons that apply to yours.Today our topic: drinking water. You'd think it wouldn't be complicated or controversial, but remember folks, bad guys are real.Introducing our incumbent, State Rep Laurie Pohutsky is a Michigan born millennial microbiologist serving her fourth term in the Michigan House of Representatives where she serves on the Oversight Committee and is the Chair of the Progressive Women's Coalition. Laurie sponsored legislation that became Michigan's Clean Energy and Jobs Act of 2023. She's the co-sponsor of legislation to make polluters pay, which is always great, and to amend Michigan's Natural Resources and Environmental Protection Act, which focuses on environmental cleanup standards and procedures, which would be stellar since, as you know, the EPA has, basically been abolished.Our candidate, Denzel McCampbell is a fine, young community advocate and native Detroiter, living and running for Detroit City Council District Seven. Denzel was born and raised in the east side and is a graduate of Michigan State University. He is dedicated to public service, to fighting day in and day out to increase access to democracy and representation for marginalized groups. He believes the Detroit city government should be a responsive government that uses its resources to ensure that every neighborhood is well resourced and that every resident is able to have the fundamentals. Two amazing humans fighting for water, and fighting for everything else. Let's find out what it means for their hometowns, for Michigan, and for yours.-----------Have feedback or questions? Tweet us, or send a message to questions@importantnotimportant.comNew here? Get started with our fan favorite episodes at podcast.importantnotimportant.com.Take Action at www.whatcanido.earth-----------INI Book Club:

On Today's Episode –Hello again everyone…today we welcome back Bonner Cohen who is going to talk to us about Climate issues and the Supreme Court. But first, Mark tells us how we could fix the healthcare issues in about a weekend. Our FDA is an armed enforcement bureau for big pharma.We then hop into Dr. Cohen's topic…great stuff.Tune in for all the Fun Topic-https://www.cfact.org/2025/09/26/supreme-court-must-halt-states-climate-shakedowns/ Bonner R. Cohen is a senior policy analyst with the Committee for a Constructive Tomorrow, where he concentrates on energy, natural resources, and international relations. He also serves as a senior policy adviser with the Heartland Institute, senior fellow at the National Center for Public Policy Research, and as adjunct scholar at the Competitive Enterprise Institute. Articles by Dr. Cohen have appeared in the Wall Street Journal, Forbes, Investor's Business Daily, New York Post, Washington Times, National Review, Philadelphia Inquirer, Detroit News, Atlanta Journal-Constitution, Miami Herald, and dozens of other newspapers in the U.S. and Canada. He has been interviewed on Fox News, CNN, Fox Business Channel, BBC, BBC Worldwide Television, NBC, NPR, N 24 (German language news channel), Voice of Russia, and scores of radio stations in the U.S. Dr. Cohen has testified before the U.S. Senate committees on Energy & Natural Resources and Environment & Public Works as well as the U.S. House committees on Natural Resources and Judiciary. He has spoken at conferences in the United States, United Kingdom, Germany, and Bangladesh. Dr. Cohen is the author of two books, The Green Wave: Environmentalism and its Consequences (Washington: Capital Research Center, 2006) and Marshall, Mao und Chiang: Die amerikanischen Vermittlungsbemuehungen im chinesischen Buergerkrieg (Marshall, Mao and Chiang: The American Mediations Effort in the Chinese Civil War) (Munich: Tuduv Verlag, 1984). Dr. Cohen received his B.A. from the University of Georgia and his Ph.D. – summa cum laude – from the University of Munich.See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.