In this episode, Trevor interviews Jamie Beck, the CEO of Filo Mining Corp, about the recent acquisition of Filo Mining by BHP and Lundin Mining. They discuss the reasons behind the acquisition, the future plans for the Filo Del Sol project, and the benefits of the recently passed legislation in Argentina. Jamie reflects on his career journey and the significance of this deal. He also shares his thoughts on what the future holds for him after the deal closes.
Aug 07, 2024•19 min
Calibre Mining provides an update on the progress of the Valentine Gold Mine project in Newfoundland, Canada. The company has received approval for an amendment to include the Berry Pit in the mine plan, which will contribute to the overall production of 195,000 ounces of gold per year. Construction of the mine is 77% complete, and the company expects to deliver first gold by Q2 2025. Calibre Mining is also conducting a significant exploration program to expand the resource base at Valentine, wi...
Aug 07, 2024•21 min
This episode of Mining Stock Daily is brought to you by... Arizona Sonoran Copper Company (ASCU:TSX) is focused on developing its brownfield copper project on private land in Arizona. The Cactus Mine Project is located less than an hour's drive from the Phoenix International airport. Grid power and the Union Pacific Rail line situated at the base of the Cactus Project main road. With permitted water access, a streamlined permitting framework and infrastructure already in place, ASCU's Cactus Min...
Aug 07, 2024•9 min
The conversation discusses the implications of the recent market volatility on precious metals, particularly gold and silver. The guest, Alan Hibbard from GoldSilver.com, explains that during times of volatility and risk in the market, investors tend to gravitate towards gold and silver for stability and de-risking. They discuss the relationship between interest rates and gold, with Hibbard noting that while rate cuts are generally bullish for gold in the short term, the long-term trend of risin...
Aug 06, 2024•22 min
Meridian Mining published new drill results out of the Cabaçal Cu-Au-Ag project in Brazil where the company is finding more strong copper and gold grades. CEO Gilbert Clark talks about reporting some results in CuEq because of the higher grade copper returns. He also walks listeners through ongoing work at Santa Helena and also working at testing some new targets along the belt.
Aug 06, 2024•17 min
Awalé Resources has released the first drill results from its Odienné project. Results published were follow up drill holes at the Charger Zone. These results confirm the breccia zones are link to the previously reported and high-grade Hole 83. Nine holes for 2,953m were drilled at Charger in two phases for this campaign, with five holes for 1,295 m reported in the latest news release.
Aug 06, 2024•16 min
FPX Nickel has conducted value engineering studies to improve the operations and reduce the carbon emissions of the Baptiste project. The studies have led to a significant reduction in carbon intensity, making the project world-class in terms of low carbon emissions. The company has implemented various technologies and design modifications, such as trolley assist haul trucks and autonomous haulage, to decarbonize the mining fleet. These improvements not only lower carbon emissions but also impro...
Aug 06, 2024•18 min
Patriot Battery Metals published their updated consolidated mineral resource estimate for the CV5 and the CV13 spodumene pegmatites at its Shaakichiuwaanaan Property. Brixton Metals have results out from their second drill hole this year at Thorn. Elemental Altus Royalties highlight an announcement out of their Karlawinda royalty. Delta Resources add to their land package in Ontario. Calibre get its Berry Pit approved. Tarachi Gold does a deal with Prospector Portal. This episode of Mining Stock...
Aug 06, 2024•9 min
Riley Keast, from Medalist Capital, joins Mining Stock Daily for the firm's very first public interview. Keast discusses the low profile of Medalist Capital and why they prefer to work behind the scenes rather than focus on personal branding. He shares his professional history in resource capital markets and the lessons he learned along the way. Keast also talks about the challenges of early deals and the importance of understanding permitting in the mining sector. He discusses his experience at...
Aug 02, 2024•50 min
We begin to wrap up the Filo story with our ongoing guest in this subject, Koala. Lundin Mining and BHP acquired Filo Corp in a $4.5 billion deal, marking the end of a remarkable story. The deal involved cash payments to Filo shareholders and a joint venture between Lundin and BHP. The acquisition unlocks the potential of the Josemaria project and positions Lundin as a major copper company. The deal also highlights a shift in sentiment among mining majors towards investing in quality discoveries...
Aug 01, 2024•23 min
Jared Dillian discusses the discombobulating market conditions, the potential impact of Middle East tensions, and his outlook on the dollar and commodities. He also shares his thoughts on the rotation out of tech and into small caps and commodities. The conversation touches on the recent Federal Reserve meeting and the potential for a rate cut. Dillian also discusses the political landscape and its potential impact on the markets.
Aug 01, 2024•17 min
Montage Gold is progressing the Koné Gold project in the Ivory Coast and has recently secured a $180 million financing. The company has obtained the necessary environmental and mining permits and expects to begin construction in Q1 of next year. They have also conducted a successful exploration program, with results showing high-grade intercepts at several deposits. The exploration results will be integrated into the mine plan, potentially improving the production profile. The company's equity p...
Aug 01, 2024•15 min
Agnico Eagle Mines reported their financials and operating results for the second quarter yesterday after the closing bell. Group Eleven Resources announced results of two recent step-out holes in this year’s work a the Ballywire zinc-lead-silver discovery at the PG West Project in Ireland. Reyna Silver looks to option in the Mineral Hill Project. Torq options out the Santa Cecilia project. This episode of Mining Stock Daily is brought to you by... Arizona Sonoran Copper Company (ASCU:TSX) is fo...
Aug 01, 2024•8 min
Graham Harris, Chairman and Director of Surge Battery Metals, discusses the company's lithium exploration project in Nevada. The Nevada North Project has shown extremely high-grade lithium results, making it stand out among other clay stone lithium projects. Surge Battery Metals has been actively drilling and expanding the resource, with the goal of delivering a main resource to the market and working on a Preliminary Economic Assessment (PEA). Despite the current downturn in the lithium market,...
Jul 31, 2024•14 min
There are new drill results out this morning from Awalé Resources, Amex Exploration, and Wallbridge Mining. Hercules Metals provided an exploration update from Idaho. This episode of Mining Stock Daily is brought to you by... Arizona Sonoran Copper Company (ASCU:TSX) is focused on developing its brownfield copper project on private land in Arizona. The Cactus Mine Project is located less than an hour's drive from the Phoenix International airport. Grid power and the Union Pacific Rail line situa...
Jul 31, 2024•8 min
Doug Ramshaw, president of Minera Alamos, discusses a recent share cross within the company and the reasons behind it. This was done to handle the expiration of five-year options and to cover tax obligations. Ramshaw emphasizes the importance of handling capital market transactions cleanly and transparently. The conversation also touches on the recent Filo deal between Lundin Mining and BHP, highlighting the significance of large-scale M&A in the mining sector.
Jul 30, 2024•17 min
District Metals has released new drill results from the Tomtebo property in Sweden. The Steffenberg zone, part of the historic Tomtebo mine, has shown promising results with high-grade zinc and copper mineralization. The company has also discovered significant gold values in the area. District Metals has a positive collaboration with Boliden, which provides expertise and access to databases and downhole electromagnetic systems. The company is also planning drilling at the Stollberg project....
Jul 30, 2024•13 min
Sandeep Singh, CEO of Western Copper and Gold, provides updates on the company's activities and addresses the aftermath of the Victoria Eagle mine incident. He discusses the importance of focusing on safety and environmental impact, as well as the impact on employees and local communities. Sandeep also talks about the communication with First Nations and the scrutiny on the heap leach facility at the Casino project. The conversation concludes with an update on the company's management team and f...
Jul 30, 2024•13 min
Lundin Mining and BHP have joined together as 50/50 partners to acquire Filo Corp. There are new drill results out from Metals Acquisition. Corporate updates from American Pacific Mining, Sierra Madre Gold and Silver, and Kenorland Minerals. Victoria Gold provides an update on mitigation efforts ongoing at the Eagle Mine. This episode of Mining Stock Daily is brought to you by... Arizona Sonoran Copper Company (ASCU:TSX) is focused on developing its brownfield copper project on private land in A...
Jul 30, 2024•11 min
Integra Resources announced the acquisition of Florida Canyon Gold, making them a gold producer in the Great Basin of the United States. The deal was well-received by major shareholders and is seen as a creative transaction. Integra will raise $20 million and secure a debt package to finance the deal. Florida Canyon has a seven-year mine life with higher cash costs, but Integra sees potential for additional mining and operational synergies. DeLamar remains Integra's flagship project, with a reco...
Jul 29, 2024•15 min
Collective Mining has announced new drill results from its Guayabalas project in Colombia, specifically from the Trap target. The results confirm the presence of a large-scale precious metal dominant rich camp, with the potential for multi-million ounce systems. The company is focused on building its audience in the US following its listing on the NYSE. The drilling at Trap has provided a geological model for the deformation zone and has shown promising results. The company is also exploring oth...
Jul 29, 2024•16 min
Integra Resources announced it has entered into an agreement to acquire Florida Canyon Gold. Collective Mining has drill results from the Trap Target. Regulus and Coimolache partner to study a unified sulphide project. Bravo Mining has new drill results out from Luanga. This episode of Mining Stock Daily is brought to you by... Arizona Sonoran Copper Company (ASCU:TSX) is focused on developing its brownfield copper project on private land in Arizona. The Cactus Mine Project is located less than ...
Jul 29, 2024•8 min
Barry Knapp of Ironsides Macro discusses the volatility in the markets due to US politics and the upcoming election. He talks about the rotation happening in the market based on the polling numbers and the potential economic policies of different administrations. The conversation also covers the possibility of a rate cut by the Fed and its impact on the market. They discuss the risk factors for specific stocks, the role of banks and shadow banks, and the potential for a rotation from growth to v...
Jul 26, 2024•43 min
Headwater Gold CEO Caleb Stroup provides an update on the company's gold exploration activities in Nevada, specifically focusing on the Spring Peak project. Stroup discusses the expansion of the land position at Spring Peak and the commencement of drilling. He explains the importance of having a large land position to explore for tier one size gold deposits. The conversation also touches on the Doug target zone and the ongoing drilling program. Stroup mentions that the program is fully funded by...
Jul 25, 2024•14 min
There are new drill results to report this morning from Brixton Metals and Sun Peak Metals. Orezone Gold is initiating a 30,000m drill program at Bomboré. We cover Newmonts Q2 financials. Yukon's Carcross/Tagish First Nation publish a statement not supporting mine development on their traditional lands. This episode of Mining Stock Daily is brought to you by... Arizona Sonoran Copper Company (ASCU:TSX) is focused on developing its brownfield copper project on private land in Arizona. The Cactus ...
Jul 25, 2024•8 min
The conversation with Thomas Thornton of Hedgefund Telemetry discusses the current market volatility and the potential for an unwind in the tech sector. The high levels of market sentiment and positioning, along with the crowded trade in tech stocks, are contributing to the market's instability. The conversation also touches on the impact of earnings reports, the state of the consumer, and the possibility of rate cuts by the Fed. Overall, there is a sense of caution and uncertainty in the market...
Jul 24, 2024•15 min
Visla Silver's PEA for the Panuco project shows promising numbers, with a net present value of $1.1 billion and an after-tax IRR of 85.7%. The project has an initial capex of $224 million and an average annual production of 15.2 million ounces of silver equivalent. The PEA is based on a snapshot of the resource, which has already grown and improved in confidence since the acquisition of the data. The project has the potential for further exploration and expansion. Visla Silver is well-financed a...
Jul 24, 2024•16 min
Sky Harbor Resources is a uranium exploration and prospect generator company with a unique dual-pronged hybrid business model. They have a portfolio of 29 properties in the Athabasca Basin, the highest grade depository of uranium in the world. The company has two co-flagship projects, Russell Lake and Moore. They also have several other more advanced stage exploration projects and grassroots exploration properties. Sky Harbor operates as a prospect generator, acquiring projects and finding partn...
Jul 24, 2024•23 min
Vizsla Silver has published results for its preliminary economic assessment for its Panuco silver-gold project in Mexico. Snowline Gold provided results for the first two holes of its 2024 exploration campaign in Yukon. Omega Pacific Resources published new drill results. MAG Silver published their Q2 production numbers. This episode of Mining Stock Daily is brought to you by... Arizona Sonoran Copper Company (ASCU:TSX) is focused on developing its brownfield copper project on private land in Ar...
Jul 24, 2024•8 min
Sierra Madre Gold and Silver has commenced test mining and processing at the Guitarra Mine Complex in Mexico. The company has accelerated its timeline and aims to be in commercial production by the end of 2024, producing 500 tons per day. Cash flows are expected to start soon, with concentrate shipments and payments. Sierra Madre has been able to utilize existing equipment at the mine, saving on costs. The workforce has returned to the mine, providing economic development to the community. The c...
Jul 23, 2024•13 min