Kitco MINING

Kitco MEDIA

The Global Leader In Resource News Kitco Mining delivers the latest news, in-depth analysis and valuable insights into the mining industry. Our extensive coverage of precious and base metal companies will keep you informed and prepared. Our scope isn't limited to gold and silver mining; we also explore base metals like lead and iron ore, as well as critical minerals like copper, cobalt, graphite, lithium, manganese, neodymium, nickel, niobium, palladium, platinum, rhodium, tin, tungsten, vanadium, and zinc. Be informed about energy transition and the battery metal sector. Kitco has exclusive access to influential CEOs and investors, so you can make confident, informed decisions. We cover the entire resource sector, from exploration and development companies to miners and royalty and streaming firms. Stay ahead of the curve. Subscribe today! GOLD LIVE! APP - https://applications.kitco.com In-depth coverage - https://www.kitco.com/mining

  1. Lundin Unveils 70-Year Copper Giant, Targets Top Five Global Scale | Jack Lundin

    17 HR AGO

    Lundin Unveils 70-Year Copper Giant, Targets Top Five Global Scale | Jack Lundin

    Lundin Mining (TSX: LUN; Nasdaq Stockholm: LUMI) has released the first integrated preliminary economic assessment for the Vicuña copper district in Argentina, combining the Jose Maria and Filo del Sol deposits into a staged development plan. Speaking with Kitco Mining at the 35th BMO Global Metals, Mining & Critical Minerals Conference, President and CEO Jack Lundin said the project could rank among the top five copper, gold, and silver producers globally. The PEA outlines an initial 25 years, averaging about 400,000 tonnes of copper and 600,000 ounces of gold annually, with peak years exceeding 500,000 tonnes of copper and 800,000 ounces of gold. Full-scale development carries a projected mine life of more than 70 years. “No better project out there that exists today, I believe in the copper sector than Vicuña,” Lundin said. With fiscal stability applications submitted under Argentina’s RIGI regime and a potential final investment decision targeted before year-end, Lundin Mining is positioning Vicuña as a multi-decade copper growth platform. Lundin also discusses financing flexibility and the company’s ambition to become a top 10 global copper producer. Don’t forget to subscribe to the Kitco Mining & Kitco News YouTube channels to stay up to date on the latest industry news and interviews. Special thanks to our sponsor, First Majestic Silver. To learn more, visit https://firstmajestic.com 01:02 - Vicuña Integrated PEA: Jose Maria + Filo del Sol 01:55 - 70+ Year Mine Life and Top Five Copper Scale 02:49 - Fast Track to FID: RIGI, EIA, and Timeline 05:11 - Leadership Team and Execution Plan at Vicuna 06:26 - Greenfield Build Risks at 4,500m Elevation 08:05 - Infrastructure Strategy and Potential Spinout 11:03 - Chile–Argentina Binational Mining Protocol 12:52 - Funding Strategy, Credit Facility, and Streaming Options 14:55 - Portfolio Reshaping: Europe Exit and Eagle Sale 17:10 - Copper M&A Trends and Top 10 Producer Ambition 19:08 - Chile Politics, Copper Outlook, and 2026 Milestones __________________________________________________________________ Kitco Mining is dedicated to reporting on the mining industry. Our mandate is to be the top resource for all mining information and news, offering a clear perspective on where the industry is going through breaking news coverage, mining trends, and in-depth reporting, presented with precious, rare earth, base metals, and industry stock prices. Get important precious and base metal updates while on the go with the Kitco Gold LIVE! app - https://applications.kitco.com Stay connected with us X - https://x.com/KitcoMining Instagram - https://www.instagram.com/kitcomining LinkedIn - https://www.linkedin.com/company/kitco-mining Facebook - https://www.facebook.com/KitcoMining Connect with the Kitco Mining anchors Paul Harris - https://x.com/paulharrisgold   For more in-depth mining coverage, visit us here - https://www.kitco.com/mining Disclaimer: Videos are not trading advice, and the views expressed may not reflect those of Kitco Metals Inc. Disclaimer: The views expressed in this podcast are those of the author and may not reflect those of Kitco Metals Inc. The author has made every effort to ensure accuracy of information provided; however, neither Kitco Metals Inc. nor the author can guarantee such accuracy. This article is strictly for informational purposes only. It is not a solicitation to make any exchange in commodities, securities or other financial instruments. Kitco Metals Inc. and the author of this podcast do not accept culpability for losses and/ or damages arising from the use of this publication.

    21 min
  2. Collective Targets 5–7 Moz Resource After Major Ramp Intercept | Ari Sussman

    20 HR AGO

    Collective Targets 5–7 Moz Resource After Major Ramp Intercept | Ari Sussman

    Collective Mining (TSX: CNL; NYSE American: CNL) Executive Chair Ari Sussman joins Kitco Mining’s Investment Trends with Paul Harris to discuss new high-grade drilling from the Ramp Zone at the Guayabales Project in Colombia and the path toward a maiden resource in the first half of 2027. On February 24, 2026, the company reported 54.55 metres grading 7.04 g/t gold and 16 g/t silver from hole APC150-D1, with assay results pending for another 370.25 metres. Sussman said it is “the first time we’ve drilled a ramp from the south in a northeastern direction,” a shift he believes is confirming continuity along the breccia margins. Collective has confirmed 315 metres of high-grade mineralization along the outer southeast margin, with roughly 1,200 metres of additional breccia circumference still to be tested. Visual logging from the first western breccia hole intersected at least 20 metres of Ramp-style mineralization, with assays expected in late March 2026. Sussman said the company is “hoping to drill somewhere between five to 7 million ounces in our maiden resource” while advancing what he called its largest drill year ever at up to 100,000 metres in 2026. He also addresses drilling at San Antonio, tungsten prices up north of 500% over the past 12 months, investor focus on Colombia’s upcoming presidential election, and why he believes major producers face long-term growth challenges that could drive future M&A. Don’t forget to subscribe to the Kitco Mining & Kitco News YouTube channels to stay up to date on the latest industry news and interviews. 02:06 - San Antonio Drilling and Porphyry Target Expansion 04:25 - Ramp Zone Expansion and Breccia Margin Potential 06:01 - 5 to 7 Million Ounce Maiden Resource Target 08:14 - Metallurgy Results and Expected Recoveries 09:27 - Gold Bull Market and Valuation Discussion 11:33 - Colombia Election Risk and Investor Concerns 12:53 - Building the Executive Team for Development 15:50 - 100,000 Meter Drill Plan and 2026 Catalysts __________________________________________________________________ Kitco Mining is dedicated to reporting on the mining industry. Our mandate is to be the top resource for all mining information and news, offering a clear perspective on where the industry is going through breaking news coverage, mining trends, and in-depth reporting, presented with precious, rare earth, base metals, and industry stock prices. Get important precious and base metal updates while on the go with the Kitco Gold LIVE! app - https://applications.kitco.com Stay connected with us X - https://x.com/KitcoMining Instagram - https://www.instagram.com/kitcomining LinkedIn - https://www.linkedin.com/company/kitco-mining Facebook - https://www.facebook.com/KitcoMining Connect with the Kitco Mining anchors Paul Harris - https://x.com/paulharrisgold   For more in-depth mining coverage, visit us here - https://www.kitco.com/mining Disclaimer: Videos are not trading advice, and the views expressed may not reflect those of Kitco Metals Inc. Disclaimer: The views expressed in this podcast are those of the author and may not reflect those of Kitco Metals Inc. The author has made every effort to ensure accuracy of information provided; however, neither Kitco Metals Inc. nor the author can guarantee such accuracy. This article is strictly for informational purposes only. It is not a solicitation to make any exchange in commodities, securities or other financial instruments. Kitco Metals Inc. and the author of this podcast do not accept culpability for losses and/ or damages arising from the use of this publication.

    17 min
  3. LunR Royalties Secures $670M Silver Stream on Fruta del Norte | Adam Lundin

    1 DAY AGO

    LunR Royalties Secures $670M Silver Stream on Fruta del Norte | Adam Lundin

    LunR Royalties (TSXV: LUNR) has announced a $670 million life-of-mine silver stream on Lundin Gold’s Fruta del Norte mine in Ecuador, a deal that delivers immediate precious metals cash flow to the recently listed royalty company. Speaking with Kitco Mining at the 35th BMO Global Metals, Mining & Critical Minerals Conference in Florida, CEO Adam Lundin described the structure as “a very elegant way to get cash flow into Lunar,” with approximately 50 million LunR shares issued to Lundin Gold for distribution to its shareholders. The stream provides exposure to more than 500,000 ounces of annual silver production, closely aligned with Lundin Gold’s roughly 500,000 ounces of gold output. The transaction increases LunR’s free float, introduces Newmont as a major shareholder with board representation, and positions the company within the underrepresented $1 billion to $10 billion royalty gap. A shareholder vote is required to complete the transaction as LunR scales into a cash-flowing precious metals platform. Don’t forget to subscribe to the Kitco Mining & Kitco News YouTube channels to stay up to date on the latest industry news and interviews. 👉 Special thanks to our sponsor, First Majestic Silver. To learn more, visit https://firstmajestic.com/ 00:23 - $670M Silver Stream Deal Overview and Rationale 00:43 - How the Share-Based Streaming Structure Works 02:36 - Liquidity, Free Float and Newmont as Shareholder 03:57 - Why Build a Royalty Company Now 04:52 - Scaling LunR Into the $1B–$10B Royalty Gap 05:38 - Competing for Deals in a Crowded Royalty Market 06:33 - Vicuna PEA Results and Phase One Economics 07:36 - Large Silver Stream Deals and Vicuna Potential 08:46 - Faraday Copper Deal With BHP Explained 09:48 - Copper Market Outlook at $6 Per Pound 10:53 - What’s Next for LunR Royalties __________________________________________________________________ Kitco Mining is dedicated to reporting on the mining industry. Our mandate is to be the top resource for all mining information and news, offering a clear perspective on where the industry is going through breaking news coverage, mining trends, and in-depth reporting, presented with precious, rare earth, base metals, and industry stock prices. Get important precious and base metal updates while on the go with the Kitco Gold LIVE! app - https://applications.kitco.com Stay connected with us X - https://x.com/KitcoMining Instagram - https://www.instagram.com/kitcomining LinkedIn - https://www.linkedin.com/company/kitco-mining Facebook - https://www.facebook.com/KitcoMining Connect with the Kitco Mining anchors Paul Harris - https://x.com/paulharrisgold   For more in-depth mining coverage, visit us here - https://www.kitco.com/mining Disclaimer: Videos are not trading advice, and the views expressed may not reflect those of Kitco Metals Inc. Disclaimer: The views expressed in this podcast are those of the author and may not reflect those of Kitco Metals Inc. The author has made every effort to ensure accuracy of information provided; however, neither Kitco Metals Inc. nor the author can guarantee such accuracy. This article is strictly for informational purposes only. It is not a solicitation to make any exchange in commodities, securities or other financial instruments. Kitco Metals Inc. and the author of this podcast do not accept culpability for losses and/ or damages arising from the use of this publication.

    12 min
  4. B2Gold Founder Clive Johnson to Step Down as CEO in June

    1 DAY AGO

    B2Gold Founder Clive Johnson to Step Down as CEO in June

    B2Gold (NYSE American: BTG; TSX: BTO) founder Clive Johnson will retire as President and CEO at the company’s annual meeting on June 4, ending a two-decade run that built the miner into a 1 million ounce per year gold producer. Speaking with Kitco Mining at the 35th BMO Global Metals, Mining & Critical Minerals Conference in Florida, Johnson said it was “a good time to look at passing the baton.” CFO Mike Cinnamond will succeed him, with Johnson remaining as chair emeritus. The transition comes as B2Gold ramps up the Goose mine in Nunavut, where crushing circuit modifications are underway as production moves toward design capacity. The company forecasts 2026 production between 820,000 and 970,000 ounces, with output expected to return to 2025 levels by 2027. In Mali, a regional permit at Fekola is expected shortly and could add 180,000 ounces per year. Johnson said B2Gold is “clearly undervalued” and must “get value for the existing assets” before pursuing acquisitions. Don’t forget to subscribe to the Kitco Mining & Kitco News YouTube channels to stay up to date on the latest industry news and interviews. 👉 Special thanks to our sponsor, First Majestic Silver. To learn more, visit https://firstmajestic.com 00:40 - B2Gold CEO Clive Johnson to Retire on June 4 01:28 - CFO Mike Cinnamond Named Successor 01:45 - Legacy, Values and Global Expansion 02:38 - Goose, Fekola, and Gramalote Growth Pipeline 04:07 - Gramalote Strategy at Higher Gold Prices 05:52 - Path to 2 Million Ounces: M&A and Expansion 06:38 - “Clearly Undervalued”: Stock and Market Perception 08:58 - Goose Ramp-Up and Crushing Circuit Fix 09:34 - 2026 Production Outlook and Free Cash Flow 10:27 - Dividend Policy and Share Buybacks 11:49 - What’s Next for Clive Johnson __________________________________________________________________ Kitco Mining is dedicated to reporting on the mining industry. Our mandate is to be the top resource for all mining information and news, offering a clear perspective on where the industry is going through breaking news coverage, mining trends, and in-depth reporting, presented with precious, rare earth, base metals, and industry stock prices. Get important precious and base metal updates while on the go with the Kitco Gold LIVE! app - https://applications.kitco.com Stay connected with us X - https://x.com/KitcoMining Instagram - https://www.instagram.com/kitcomining LinkedIn - https://www.linkedin.com/company/kitco-mining Facebook - https://www.facebook.com/KitcoMining Connect with the Kitco Mining anchors Paul Harris - https://x.com/paulharrisgold   For more in-depth mining coverage, visit us here - https://www.kitco.com/mining Disclaimer: Videos are not trading advice, and the views expressed may not reflect those of Kitco Metals Inc. Disclaimer: The views expressed in this podcast are those of the author and may not reflect those of Kitco Metals Inc. The author has made every effort to ensure accuracy of information provided; however, neither Kitco Metals Inc. nor the author can guarantee such accuracy. This article is strictly for informational purposes only. It is not a solicitation to make any exchange in commodities, securities or other financial instruments. Kitco Metals Inc. and the author of this podcast do not accept culpability for losses and/ or damages arising from the use of this publication.

    14 min
  5. Agnico Delivers $4.4B FCF, 40% Returns, 4M oz Plan | Ammar Al-Joundi

    2 DAYS AGO

    Agnico Delivers $4.4B FCF, 40% Returns, 4M oz Plan | Ammar Al-Joundi

    Ammar Al-Joundi, President and CEO of Agnico Eagle Mines (NYSE: AEM; TSX: AEM), says the company is in its strongest financial position after a record 2025. Speaking with Kitco Mining at the 35th BMO Global Metals, Mining & Critical Minerals Conference in Florida, Al-Joundi highlighted roughly $4.4 billion in free cash flow, about $950 million in debt repayment, and $1.4 billion returned to shareholders in 2025. “Our job is to give them as much of that increase as possible,” he said, adding Agnico delivered “over 95%” of the gold price increase to its owners through cost discipline and operating performance. Looking ahead, Al-Joundi outlined a plan to increase production 20 to 30% over the next decade, targeting more than 4 million ounces annually in the early 2030s, with growth anchored by Detour Lake, Canadian Malartic, Hope Bay, and Upper Beaver. He said the company expects to make a go-ahead decision on Hope Bay in May and plans to return about 40% of free cash flow to shareholders this year while maintaining full exposure to gold prices. Don’t forget to subscribe to the Kitco Mining & Kitco News YouTube channels to stay up to date on the latest industry news and interviews. 👉 Special thanks to our sponsor, First Majestic Silver. To learn more, visit https://firstmajestic.com 01:05 - Record 2025 Results: Safety, Cost Control, and Margin Discipline 02:39 - 10-Year Growth Plan: Four Projects Targeting 4M+ oz 03:56 - Detour Lake Expansion: Underground Mining to Reach 1M oz 04:46 - Canadian Malartic: Higher-Grade Replacement for Open Pit 06:44 - Capital Allocation Strategy: IRRs, 15% Hurdle Rate and Discipline 08:28 - Free Cash Flow Returns: “It’s our owners’ cash” and 40% Target 10:28 - Dividends in a Cyclical Gold Business and Reserve Growth 14:42 - Cost Control, Gold Outlook, and No Hedging Policy __________________________________________________________________ Kitco Mining is dedicated to reporting on the mining industry. Our mandate is to be the top resource for all mining information and news, offering a clear perspective on where the industry is going through breaking news coverage, mining trends, and in-depth reporting, presented with precious, rare earth, base metals, and industry stock prices. Get important precious and base metal updates while on the go with the Kitco Gold LIVE! app - https://applications.kitco.com Stay connected with us X - https://x.com/KitcoMining Instagram - https://www.instagram.com/kitcomining LinkedIn - https://www.linkedin.com/company/kitco-mining Facebook - https://www.facebook.com/KitcoMining Connect with the Kitco Mining anchors Paul Harris - https://x.com/paulharrisgold   For more in-depth mining coverage, visit us here - https://www.kitco.com/mining Disclaimer: Videos are not trading advice, and the views expressed may not reflect those of Kitco Metals Inc. Disclaimer: The views expressed in this podcast are those of the author and may not reflect those of Kitco Metals Inc. The author has made every effort to ensure accuracy of information provided; however, neither Kitco Metals Inc. nor the author can guarantee such accuracy. This article is strictly for informational purposes only. It is not a solicitation to make any exchange in commodities, securities or other financial instruments. Kitco Metals Inc. and the author of this podcast do not accept culpability for losses and/ or damages arising from the use of this publication.

    19 min
  6. $250B Copper Shortfall Forces New Era of Streaming Deals | Rick Rule

    5 DAYS AGO

    $250B Copper Shortfall Forces New Era of Streaming Deals | Rick Rule

    Rick Rule, President and CEO of Rule Investment Media, joins Kitco Mining’s Digging Deep with Paul Harris to break down what he sees as a structural capital crunch in copper and a turning point in mine finance. Rule says “the copper industry requires at least $250 billion in capital expenditure over the next 10 years to maintain current levels of output,” arguing that traditional funding sources are falling short. He explains why Wheaton Precious Metals’ $4.3 billion silver stream with BHP, announced February 17, 2026, may signal a new era of mega-deals, and how royalty and streaming companies could further lower their cost of capital through long-dated bonds backed by existing streams. On Lundin and BHP’s Vicuña project, following the integrated PEA released February 17, 2026, Rule says if the “most exciting copper discovery on the planet” struggles to meet hurdle rates, it may point to copper’s true incentive price. Rule also contrasts what he calls “the best permitting environment that we've seen in the last 30 years” at the US federal level with the latest legal setback for Alaska’s Pebble project, including a Department of Justice brief filed February 16, 2026. In this interview, Rick Rule also discusses:  • Streaming arbitrage and copper’s capital gap  • Copper IRRs and long-term price signals  • US permitting signals from Arizona to Pebble Don’t forget to subscribe to the Kitco Mining & Kitco News YouTube channels to stay up to date on the latest industry news and interviews. 00:51 - Rick Rule Copper Bootcamp: Investing in Copper in 2026 03:45 - Wheaton–BHP $4.3B Silver Stream Deal Explained 09:24 - Franco & Wheaton 20–30 Year Bonds: Lowering Cost of Capital 11:16 - Lundin & BHP Vicuña PEA: 400kt Copper, $7.1B Stage 1 Capex 14:08 - Copper Price Floor? IRR Sensitivity & Argentina Fiscal Stability (RIGI) 17:54 - How Vicuña Gets Built: Case for Another Billion-Dollar Stream 23:19 - Arizona Sonoran Cactus Project: Rio Tinto Exit & US Permitting Shift 26:44 - Pebble Project Legal Battle: DOJ Brief & Community Strategy 34:53 - Elemental Royalty Dividend in Tether Gold Explained __________________________________________________________________ Kitco Mining is dedicated to reporting on the mining industry. Our mandate is to be the top resource for all mining information and news, offering a clear perspective on where the industry is going through breaking news coverage, mining trends, and in-depth reporting, presented with precious, rare earth, base metals, and industry stock prices. Get important precious and base metal updates while on the go with the Kitco Gold LIVE! app - https://applications.kitco.com Stay connected with us X - https://x.com/KitcoMining Instagram - https://www.instagram.com/kitcomining LinkedIn - https://www.linkedin.com/company/kitco-mining Facebook - https://www.facebook.com/KitcoMining Connect with the Kitco Mining anchors Paul Harris - https://x.com/paulharrisgold   For more in-depth mining coverage, visit us here - https://www.kitco.com/mining Disclaimer: Videos are not trading advice, and the views expressed may not reflect those of Kitco Metals Inc. Disclaimer: The views expressed in this podcast are those of the author and may not reflect those of Kitco Metals Inc. The author has made every effort to ensure accuracy of information provided; however, neither Kitco Metals Inc. nor the author can guarantee such accuracy. This article is strictly for informational purposes only. It is not a solicitation to make any exchange in commodities, securities or other financial instruments. Kitco Metals Inc. and the author of this podcast do not accept culpability for losses and/ or damages arising from the use of this publication.

    42 min
  7. Goldstorm Launches 3,000 m Drill Program on 1.2 km Anomaly | Ken Konkin

    6 DAYS AGO

    Goldstorm Launches 3,000 m Drill Program on 1.2 km Anomaly | Ken Konkin

    Goldstorm Metals (TSXV: GSTM) President and CEO Ken Konkin joins Kitco Mining’s Investment Trends with Paul Harris to outline the company’s 2026 drill campaign in British Columbia’s Golden Triangle, targeting a large copper-gold-silver system along the same regional trend that hosts KSM, Treaty Creek, and Brucejack. Konkin says the focus is a 1.2 km IP chargeability anomaly on the Orion Spine, adding, “we're after the elephant here, not the, not the mink or the fox here, we're after the elephant.” Goldstorm plans a 3,000 m first-pass program this summer to test what Konkin described as “a large 1 billion ton target,” with success defined as intercepting “0.3% copper, say a gram gold over hundreds of meters.” He also pointed to historic drilling on trend that returned “222 meters of 0.9 gold.” Beyond the deep porphyry target, Konkin highlighted high-grade gold-silver upside at Delta West, including surface samples up to 39.9 grams gold. With over $1 million in treasury and what he called “a very safe geopolitical arena,” he argues the region remains underappreciated, adding, “This is truly a silver belt as much as it is a gold belt.” Don’t forget to subscribe to the Kitco Mining & Kitco News YouTube channels to stay up to date on the latest industry news and interviews. 02:20 – From Tudor Gold to Goldstorm: The November 2022 Spinout Strategy 03:55 – The Structural “Pendulum”: Why This Trend Hosts Giant Deposits 05:26 – Exploration Template: Geophysics, Chargeability & “Hunting the Elephant” 07:46 – Defining Success: “1 Billion Ton” Target & What a Hit Looks Like 09:10 – 3,000 m Drill Plan: Spacing Strategy & Resource Timelines 11:01 – AI in Exploration: Where It Works and Where It Doesn’t 13:24 – Surviving the Junior Financing Market Since 2022 15:43 – High-Grade Upside: RUM, Electrum & the Silver-Gold Trend 18:41 – 2026 Field Strategy: Target Selection & Phase Two Funding 20:18 – Drill Logistics: July Start, Helicopters, Camp & Assay Timing 21:11 – Silver Economics: Why “This Is Truly a Silver Belt” 25:07 – Next 12 Months: Catalysts, Delta West & 39.9 g/t Surface Gold __________________________________________________________________ Kitco Mining is dedicated to reporting on the mining industry. Our mandate is to be the top resource for all mining information and news, offering a clear perspective on where the industry is going through breaking news coverage, mining trends, and in-depth reporting, presented with precious, rare earth, base metals, and industry stock prices. Get important precious and base metal updates while on the go with the Kitco Gold LIVE! app - https://applications.kitco.com Stay connected with us X - https://x.com/KitcoMining Instagram - https://www.instagram.com/kitcomining LinkedIn - https://www.linkedin.com/company/kitco-mining Facebook - https://www.facebook.com/KitcoMining Connect with the Kitco Mining anchors Paul Harris - https://x.com/paulharrisgold   For more in-depth mining coverage, visit us here - https://www.kitco.com/mining Disclaimer: Videos are not trading advice, and the views expressed may not reflect those of Kitco Metals Inc. Disclaimer: The views expressed in this podcast are those of the author and may not reflect those of Kitco Metals Inc. The author has made every effort to ensure accuracy of information provided; however, neither Kitco Metals Inc. nor the author can guarantee such accuracy. This article is strictly for informational purposes only. It is not a solicitation to make any exchange in commodities, securities or other financial instruments. Kitco Metals Inc. and the author of this podcast do not accept culpability for losses and/ or damages arising from the use of this publication.

    27 min
  8. Discovery Silver Lays Out Path to 500K–750K Gold Ounces | Mark Utting

    10 FEB

    Discovery Silver Lays Out Path to 500K–750K Gold Ounces | Mark Utting

    Mark Utting, Senior Vice President of Investor Relations at Discovery Silver, joins Kitco Mining to explain how the company is generating gold cash flow in Canada while advancing one of the world’s largest undeveloped silver projects in Mexico. Discovery produced more than 66,000 ounces of gold in Q4 2025 and about 180,000 ounces from the April acquisition close through year end at the Porcupine complex in Northern Ontario. With more than $410 million in cash, no debt, and access to a $250 million revolving credit facility, the company is reinvesting cash flow to scale production toward 500,000 to 750,000 ounces per year over the next three to five years. A key catalyst is the potential restart of the historic Dome Mine, which hosts an estimated 11 million ounces of gold in resources and could add 200,000 to 250,000 ounces of annual production. Utting also provides an update on the Cordero silver project in Mexico, including permitting progress and Discovery’s focus on minimizing dilution. “We give dual exposure on the precious metal side,” Utting said. Don’t forget to subscribe to the Kitco Mining & Kitco News YouTube channels to stay up to date on the latest mining news and interviews. 00:50 – Discovery Silver’s Dual Gold and Silver Exposure 02:06 – Porcupine Complex Operations and Growth Potential 04:14 – Financial Strength, Cash Flow, and Capital Strategy 10:34 – Cordero Silver Project, Permitting, and Mexico Outlook 15:40 – Production Growth Outlook and Closing Thoughts __________________________________________________________________ Kitco Mining is dedicated to reporting on the mining industry. Our mandate is to be the top resource for all mining information and news, offering a clear perspective on where the industry is going through breaking news coverage, mining trends, and in-depth reporting, presented with precious, rare earth, base metals, and industry stock prices. Get important precious and base metal updates while on the go with the Kitco Gold LIVE! app - https://applications.kitco.com Stay connected with us X - https://x.com/KitcoMining Instagram - https://www.instagram.com/kitcomining LinkedIn - https://www.linkedin.com/company/kitco-mining Facebook - https://www.facebook.com/KitcoMining Connect with the Kitco Mining anchors Paul Harris - https://x.com/paulharrisgold   For more in-depth mining coverage, visit us here - https://www.kitco.com/mining Disclaimer: The views expressed in this podcast are those of the author and may not reflect those of Kitco Metals Inc. The author has made every effort to ensure accuracy of information provided; however, neither Kitco Metals Inc. nor the author can guarantee such accuracy. This article is strictly for informational purposes only. It is not a solicitation to make any exchange in commodities, securities or other financial instruments. Kitco Metals Inc. and the author of this podcast do not accept culpability for losses and/ or damages arising from the use of this publication.

    19 min

About

The Global Leader In Resource News Kitco Mining delivers the latest news, in-depth analysis and valuable insights into the mining industry. Our extensive coverage of precious and base metal companies will keep you informed and prepared. Our scope isn't limited to gold and silver mining; we also explore base metals like lead and iron ore, as well as critical minerals like copper, cobalt, graphite, lithium, manganese, neodymium, nickel, niobium, palladium, platinum, rhodium, tin, tungsten, vanadium, and zinc. Be informed about energy transition and the battery metal sector. Kitco has exclusive access to influential CEOs and investors, so you can make confident, informed decisions. We cover the entire resource sector, from exploration and development companies to miners and royalty and streaming firms. Stay ahead of the curve. Subscribe today! GOLD LIVE! APP - https://applications.kitco.com In-depth coverage - https://www.kitco.com/mining

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