Rick Rule, President and CEO of Rule Investment Media, joins Kitco Mining’s Digging Deep with Paul Harris to break down escalating geopolitical risk and what it means for energy, commodities, and mining. Rule says recent oil and LNG price moves tied to the Persian Gulf conflict are “anticipatory rather than reactive,” warning that markets are still pricing anticipatory shortages rather than real rationing. If supply disruptions materialize, he said, “the price impact is going to be very differen...
Apr 23, 2026•41 min
Neil Adshead, Consultant Analyst at the Commodity Discovery Fund, joins Kitco Mining’s Digging Deep with Paul Harris to unpack the recent price slump in precious metals, and how gold and the mining majors are performing amid the Iran war. “The long term supply/demand for commodities is in place, but if this war really does damage the global economy significantly, then we could be in for quite a longer ‘air pocket', let's call it a bit of a trough,” he warned. Adshead also discusses a range of si...
Apr 01, 2026•27 min
Rick Rule, President and CEO of Rule Investment Media, joins Kitco Mining’s Digging Deep with Paul Harris to assess how escalating conflict in the Persian Gulf is exposing deeper risks across energy, debt, and global resource markets. Rule warns that “30 years of underinvestment in natural resources means that we are less able to deal with shocks,” pointing to vulnerabilities across oil, LNG, fertilizer, and industrial supply chains. On markets, Rule says rising war spending and roughly $39 tril...
Mar 27, 2026•38 min
Christopher Ecclestone, principal and mining strategist at Hallgarten + Company, joins Kitco Mining’s Digging Deep with Paul Harris to break down a week of major mining developments and what they reveal about jurisdiction risk, politics, and project strategy. Ecclestone discusses SSR Mining’s agreement to sell its 80% stake in the Copler mine in Türkiye for $1.5 billion following the February 13, 2024 heap leach disaster that killed nine workers. He said the company is “getting a good price to g...
Mar 16, 2026•32 min
Joe Mazumdar, Editor of Exploration Insights, joins Kitco Mining’s Digging Deep, to break down a pivotal stretch for mining as copper consolidation stalls, major producers downgrade output, and gold trades above $5,000 per ounce. On Rio Tinto walking away from Glencore, Mazumdar says, “It’s almost cheaper to merge and generate more copper for the combined entity than it is to build a new project,” highlighting how capital intensity and permitting delays are reshaping the copper growth playbook. ...
Feb 13, 2026•43 min
Neil Adshead, Consultant Analyst at the Commodity Discovery Fund, joins Kitco Mining’s Digging Deep with Paul Harris to examine how new US policy initiatives and price volatility are shaping mining and critical minerals in 2026. Discussing the Trump administration’s $12 billion “Project Vault” initiative and Vice President JD Vance’s proposal for enforceable price floors, Adshead explains how smaller commodity markets can experience extreme price swings that complicate financing decisions. Adshe...
Feb 10, 2026•30 min
Rick Rule, President & CEO of Rule Investment Media, joins Kitco Mining’s Digging Deep with Paul Harris to explain why he believes the strength in precious metals reflects a long-term erosion in purchasing power, not a short-term cycle. Rule argues that gold performs best when confidence in fiat-denominated savings breaks down, noting “a gold bull market and conversely a bond bear market has been underway since the year 2000,” driven by persistent negative real interest rates and growing fis...
Feb 04, 2026•42 min
John Feneck, Founder and CEO of the Feneck Commodities Report, joins Kitco Mining’s Digging Deep to break down one of the strongest years yet for precious metals. He says the December 10 Fed rate cut reflects rising concern about the labor market, while the political shift underway in 2025 may ultimately shape the direction of rate policy more than Powell’s guidance. Silver led the reaction to the announcement, breaking above US$62 and now trading near US$63 as the gold-to-silver ratio tightens....
Dec 12, 2025•44 min
Neil Adshead, Consultant Analyst at the Commodity Discovery Fund, joins Kitco Mining’s Digging Deep to unpack the three forces that will shape the mining sector in 2026. He warns that copper is heading into a structural supply crunch as major miners remain unwilling to approve the multibillion-dollar projects needed to meet future demand. Years of cost blowouts, long paybacks, and permitting challenges have created what he calls a global “decision moat,” leaving the next generation of large copp...
Dec 10, 2025•38 min
Stephen Stewart, founder and chairman of Ore Group, joins Kitco Mining’s Ernest Hoffman at Explor 2025 in Montreal to discuss Canada-U.S. relations, government policy, and how Ore Group is positioning for the next phase of the commodities cycle. “The United States and Canada are brothers and sisters,” Stewart said. “We have probably the most fruitful economic partnership in the history of the world, and I think that's going to continue.” Stewart argues that new government intervention policies, ...
Oct 29, 2025•17 min
Christopher Ecclestone, Principal and Mining Strategist at Hallgarten + Company, joins Kitco Mining’s Digging Deep as gold drops more than US$400 per ounce from record highs. Ecclestone, who predicted the correction earlier this month, says it reflects the inevitable turn in overheated markets. “What goes up must come down,” he said. “Eventually, everything corrects in some way or another.” He links the retreat to easing global tensions and the prospect of “an outbreak of peace,” arguing that mu...
Oct 29, 2025•44 min
With gold and silver at all-time highs, and copper hovering around US$5, John Feneck of The Feneck Commodities Report tells Kitco Mining’s Digging Deep that gold has finally broken out after months of consolidation. “Gold obviously was kind of a sideways pattern for a good portion of 2025,” he said, adding that it “then broke out of that consolidation and just skyrocketed past $3600, and just went ballistic here.” Feneck also highlighted the growing institutional support behind gold’s rally, p...
Oct 20, 2025•37 min
Exploration geologist Jeff Pontius joins Kitco Mining’s Digging Deep to discuss Nevada discoveries, royalty market premiums, and the outlook for M&A. Pontius, who led Corvus Gold through its C$570 million acquisition by AngloGold Ashanti in 2022, has advanced multiple discoveries across his career and continues to advise and evaluate new opportunities. On AngloGold’s Nevada build-out, he said, “They’ve done a very good job of advancing that, keeping the locals on side, pushing the permitting...
Oct 06, 2025•23 min
Neil Adshead, Consultant Analyst at Commodity Discovery Fund, joins Kitco Mining’s Digging Deep as gold pushes past US$3,700 per ounce and silver hits 14-year highs. In the discussion, he points to central banks as the marginal buyers driving bullion higher, noting “The marginal buyer is these central banks,” and that nations across Asia and Europe are steadily adding gold to reserves. Adshead explains silver’s dual role, with nearly 60% of demand coming from solar, electrification, and other in...
Sep 29, 2025•23 min
Nicole Adshead-Bell, Director at Cupel Advisory, joins Kitco Mining’s Digging Deep to unpack what the current bull market looks like on the ground after two intense weeks of meetings and panels. “We are definitely in a bull market, but we are not yet seeing the crazy bubble-like behavior.” From financing windows reopening to packed investor schedules, she lays out the signals that matter. After running a well-attended Mining 101 short course aimed at non-specialists, Adshead-Bell says interest i...
Sep 29, 2025•33 min
JuniorMinerJunky.com founder David Erfle joins Kitco Mining’s Digging Deep to unpack a pivotal week for gold, silver, copper, and mining equities. “Gold futures hit $3,700 and silver now is back over $42 in the futures market as we’re speaking right now,” he says. With money flowing and juniors hitting 52-week and all-time highs, sentiment has flipped. “It’s really nice to see a lot of those frowns from the last couple of years turned upside down.” Speaking at Precious Metals Summit Beaver Creek...
Sep 29, 2025•25 min
Is silver's technical breakout above $35 the real deal, and could it rapidly surge to $50? David Erfle from JuniorMinerJunky discusses silver's technical breakout above $35 and the potential for it to quickly reach $50, referencing its history of rapid, violent moves. In this latest episode of Digging Deep with Kitco’s Senior Mining Editor and Anchor Paul Harris, he notes that silver miners are already leading the metal higher, with ETFs like SIL and SILJ posting multi-year highs ahead of the br...
Jun 11, 2025•28 min
Will the current M&A wave reshape the mining sector in 2025? Nicole Adshead-Bell, Director of Cupel Advisory, joins Kitco’s Senior Mining Editor and Anchor Paul Harris to break down a pivotal Q1 for the gold and copper sectors. In this Digging Deep episode, she unpacks the M&A frenzy sweeping the mining space, the implications of record gold margins, and why high prices may be masking deeper production issues. Nicole also weighs in on China’s aggressive push into Latin America, a massive...
May 09, 2025•38 min
Are you waiting for a better gold price before investing in mining stocks? You might be missing the boat. John Feneck, Founder and CEO of The Feneck Commodities Report, joins Kitco’s Senior Mining Editor and Anchor Paul Harris to share why many junior mining companies are wasting money on ineffective promotions and why serious investors are getting fed up. Feneck urges companies to be more strategic about where they spend their capital, especially with gold trading above $3,000. He also discusse...
May 05, 2025•30 min
Can Newmont ever catch up to Agnico Eagle’s performance? Joe Mazumdar, Editor of Exploration Insights, joins Kitco Mining’s Paul Harris to break down a busy week for mining and M&A activity. Mazumdar discusses Agnico Eagle’s outperformance over Newmont, the implications of Trump’s proposed 28-day mining permit approvals, and the major Barrick gold divestments. He also unpacks the takeover of Lumina Gold and Orogen Royalties, and what these deals signal for the mining sector’s future. Key poi...
Apr 28, 2025•40 min
Is the U.S. setting itself up for failure in the critical minerals war with China? Gold has soared above $3,300, but geopolitical risks and shifting mining policies are reshaping the global resource landscape. Christopher Ecclestone, Principal and Mining Strategist at Hallgarten & Company, returns to Digging Deep to break down Barrick’s controversial copper pivot, Ghana’s crackdown on illegal Chinese artisanal miners, and Fortuna’s costly exit from Burkina Faso. In a conversation with Kitco’...
Apr 22, 2025•30 min
What does China’s shift from Treasuries to gold mean for the U.S. dollar? Gold surged past $3,200 as geopolitical tensions, tariffs, and market volatility shook investor confidence. In this latest Digging Deep episode, Kitco’s Senior Mining Editor and Anchor Paul Harris interviews David Erfle, founder of JuniorMinerJunky.com, who breaks down why gold and mining stocks are outperforming. Erfle also weighs in on how Trump’s economic moves are reshaping global markets and what the rise in copper an...
Apr 15, 2025•27 min
Can the U.S. mining sector survive without China’s rare earth processing power? In the latest episode of Digging Deep, Nicole Adshead-Bell, Director at Cupel Advisory, joins Kitco’s Senior Mining Editor and Anchor Paul Harris to break down the latest developments in the mining sector amid rising geopolitical tensions and trade wars. From Trump’s sweeping tariffs and China’s dominance in mineral processing to Barrick’s high-risk Reko Diq project and growing M&A activity, Adshead-Bell offers s...
Apr 04, 2025•39 min
Is gold's $3,000 breakout the spark for a new M&A boom in mining? Neil Adshead, Consultant Analyst at the Commodity Discovery Fund, joins Kitco's Senior Mining Editor and Anchor Paul Harris to break down the latest deals, including Gold Fields' bid for Gold Road, and what this means for the gold bull cycle. Adshead also weighs in on Trump's executive order to boost U.S. mineral production and whether it will truly speed up permitting. Plus, reaction to New Found Gold's maiden resource estima...
Mar 27, 2025•33 min
Why are gold stocks finally catching fire – and what took so long? Gold has surged to $3,000/oz, sparking breakouts in mining stocks and renewed investor interest. Kitco’s Senior Mining Editor and Anchor Paul Harris interviews John Feneck, CEO of the Feneck Commodities Report. In this latest Digging Deep episode, Feneck breaks down the market’s reaction, discusses the latest M&A moves, and why copper is finally getting its moment. He also shares insights on navigating junior mining stocks an...
Mar 24, 2025•25 min
What does the Equinox Gold and Calibre Mining mega-merger mean for your gold investments? Kitco’s Senior Mining Editor and Anchor Paul Harris interviews Joe Mazumdar, Editor of Exploration Insights, at the 2025 PDAC conference in Toronto, Canada. In this episode of Digging Deep Mazumdar shares his recent experiences in Africa, discussing resource nationalism in West Africa and promising developments elsewhere. The interview also delves into the recent Equinox Gold and Calibre Mining merger, anal...
Mar 10, 2025•30 min
Are mining companies finally delivering the returns investors have been waiting for? Discover how margin expansion in the gold sector is changing the game. Kitco’s Senior Mining Editor and Anchor Paul Harris interviews Nicole Adshead-Bell, Director at Cupel Advisory, about the 2024 financial results for mining companies. They discuss Agnico Eagle Mines' record margins and Newmont's all-in sustaining costs decreasing. Adshead-Bell shares insights on shareholder returns, M&A activity in the go...
Feb 26, 2025•21 min
What’s copper's real story and what are the forces driving the market? In this episode of Digging Deep, Kitco’s Senior Mining Editor and Anchor Paul Harris interviews Christopher Ecclestone, Principal and Mining Strategist at Hallgarten & Company, about the factors influencing gold prices. Ecclestone shares his insights on taking profits in gold and the importance of dividends from gold companies. They also discuss copper's supply and demand dynamics, the potential of tungsten and antimony a...
Feb 21, 2025•37 min
How will President Trump's policies specifically affect the mining industry, and which companies are best positioned to capitalize on these changes? In this episode of Kitco Mining's Digging Deep, John Feneck, founder and CEO of the Feneck Commodities Report, discusses the current state of the mining and commodities markets. Feneck speaks with Kitco Senior Mining Editor and Anchor Paul Harris to share his insights on how President Trump's policies are impacting the mining sector, particularly re...
Jan 31, 2025•32 min
Is the mining industry on the verge of a new M&A cycle? Nicole Adshead-Bell, Director of Cupel Advisory, speaks with Kitco Senior Mining Editor and Anchor Paul Harris on the sidelines of the Vancouver Resource Investment Conference (VRIC). They delve into the latest trends in the mining and exploration sector, discussing everything from global investment shifts to specific company strategies. Nicole shares her insights on the challenges faced by junior mining companies, the importance of lon...
Jan 31, 2025•30 min
