Articles for tag: CEO, discounts, force, Fury, Gold, juniors, PDAC, performers, poor, quality, steep, Video

March 29, 2025

Ron Finklestien

mining

“Market Pressures: Fury Gold CEO Discusses Impact of Poor Performers on Junior Miners”

Fury Gold Mines Faces Valuation Challenges Amid Market Pressures During the PDAC 2025 in Toronto, Fury Gold Mines CEO Tim Clark discussed the current challenges in the mining sector with TNM host Devan Murugan. He emphasized how excessive spending and stretched financing among project developers can lead to significant discounts even for strong projects. A prime example of this situation is the Committee Bay greenstone belt in Nunavut, which stretches over 300 kilometers. This site boasts a full camp and contains nearly 1.3 million ounces of gold resources. Specifically, the resources include an indicated 2 million tonnes at 7.9 grams

May 23, 2024

Ron Finklestien

mining

Video: China’s dominance drives global battery trends, says Adamas Intelligence

“They produce more than they sell inside the country. So, if you want to look at trends, you must start in China,” Els, head of Adamas Inside, told The Northern Miner’s western editor, Henry Lazenby, last month during the Energy Transition Metals Summit in Washington, D.C. Els, who’s also editor-at-large with The Northern Miner’s sister publication MINING.COM, pointed out that battery chemistry is quickly evolving.  Following a shift toward lithium iron phosphate (LFP) batteries that began in China in 2020, over half of the EVs sold there are LFP. The chemistry, which is cheaper than others, is also lower density.

March 29, 2024

Ron Finklestien

mining

Revolution Ahead: A Glimpse at Volt Lithium’s Journey Towards 2025 Commercial Production

Embracing the Future of Electric Vehicle Battery Production Embarking on a journey toward commercial production, Volt Lithium has broken new ground by achieving a pivotal milestone: the in-house production of lithium carbonate. In a recent conversation with The Northern Miner’s western editor, Henry Lazenby, Wylie expressed optimism about the road ahead. Sharing insights during the Prospectors and Developers Association of Canada’s recent convention, Wylie revealed, “What we’ve learned from the demonstration plant will absolutely put us in a position to start going into commercial production as we move into 2025.” This breakthrough opens doors to a new frontier, as Volt

March 26, 2024

Ron Finklestien

mining

Video: Eldorado Gold geared for growth as Skouries build progresses

Eldorado Gold’s Ascendancy: Skouries Construction Forges Path to Progress Embracing Expansion Eldorado Gold’s CEO George Burns articulates that ramping up production is the definitive approach to augmenting shareholder value. Eldorado Gold (TSX: ELD; NYSE: EGO) envisions a robust 45% expansion in its production capacity over the next quartet of years, targeting an output of 703,250 oz. of gold annually, as voiced by CEO George Burns. Capping off a commendable operational display in 2023, the company achieved a noteworthy 7% upsurge in gold output year-over-year, minting 485,000 oz. of the precious metal at an all-in sustaining cost hovering around $1,200 per

March 22, 2024

Ron Finklestien

mining

Exploring Wheaton Precious Metals’ Booming Year in Deals with Randy Smallwood

An Exciting Year for Wheaton Precious Metals Revel in the glory of Wheaton Precious Metals – a titan in the industry – as it basks in the afterglow of one of the most sensational deal-making years it has ever witnessed. The mood is upbeat as CEO Randy Smallwood joyously announces the clinching of eight transactions, with a staggering sum exceeding $1 billion, executed over the course of approximately a year. You can sense the ebullience in Smallwood’s voice as he paints a picture of an environment brimming with deals. However, a tinge of wistfulness creeps in as he highlights the

February 8, 2024

Ron Finklestien

mining

JV Video: Updates on Fury Gold Mines’ Work and Newmont JV

Bryan Atkinson, senior vice-president exploration with Fury Gold Mines, at the Vancouver Resources Investment Conference in January. Credit: The Northern Miner Fury Gold Mines (TSX: FURY) is working on a resource update at its flagship Eau Claire project in Quebec, says Bryan Atkinson, senior vice-president of exploration. But the project, where recent drilling returned 3.5 metres of 31.7 grams gold per tonne at the Hinge target, isn’t the only one Fury expects to advance this year. Sign Up for the Precious Metals Digest

February 8, 2024

Ron Finklestien

mining

A Mining Crusade: Power Nickel CEO Exposes the Hazards of Naked Short-Selling

Terry Lynch, Power Nickel. Credit: The Northern Miner A crusade for transparency and the survival of junior mining companies against market manipulation is unfolding before our eyes, with Power Nickel (TSXV: PNPN; US-OTC: PNPNF) CEO Terry Lynch leading the charge. Lynch, a steadfast guardian of his company’s fortunes, uncovered what he deemed as persistent and suspicious trading patterns, prompting him to launch an investigation. In 2019, he spearheaded the formation of Save Canadian Mining, an alliance that has rallied industry leaders to confront and counter what he is convinced are illicit short-selling practices aimed at undermining the junior mining sector.

February 6, 2024

Ron Finklestien

mining

The Dichotomy of Junior Mining: A Revealing Look at Fundraising Data

Kai Hoffman, CEO of Soar Financial, captivated the audience at the Vancouver Resource Investment Conference in January. He painted a surprising picture of the junior mining sector, debunking the prevailing pessimism by revealing compelling fundraising data. Despite the prevailing despondency, Hoffman’s insights shed light on a surprisingly positive aspect of the industry. According to the CEO, the total funds raised in the previous year were actually quite substantial. However, he points out a notable “bifurcation” in the market that warrants closer examination. Highlighting the bifurcation, Hoffman emphasized that the cash raised in the past year gravitated towards developers and late-stage

February 2, 2024

Ron Finklestien

mining

The Conundrum of Junior Miners in a Booming Market

Ross Beaty: A Mining Visionary Speaks Ross Beaty, a prominent figure in the mining industry, shared his insights with The Northern Miner at AME Roundup 2024. Credit: Northern Miner In an unprecedented market, with gold and copper hovering around all-time highs, mining veteran Ross Beaty expressed astonishment at the absence of financial support for the junior mining sector. During an interview at AME Roundup in January, the chair of Equinox Gold and founder of Pan American Silver delved into the intricate dynamics that will untangle the current paradox, shedding light on cost pressures within the industry and explicating the prevailing

January 22, 2024

Ron Finklestien

mining

TNM’s Anthony Vaccaro Hosts the Celebrated Canadian Mining Hall of Fame TNM’s Anthony Vaccaro Hosts the Celebrated Canadian Mining Hall of Fame

TNM Group president Anthony Vaccaro MCs the 2024 Canadian Mining Hall of Fame ceremony in January. Credit: Canadian Mining Hall of Fame Bestowing honor upon five extraordinary individuals in the Canadian mining industry, the Canadian Mining Hall of Fame induction ceremony stands as a testament to the relentless spirit of innovation and dedication. On the 11th day of January, amidst the bustling streets of Toronto, the event commemorated the illustrious contributions of William Roscoe and John Postle, David Bell, Ross Lawrence, and Eric Sprott, as they ascend to the venerable echelons of the CMHF. Prior to the ceremonious inductions, Anthony