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. 2D AGO

    Collective Mining Up 265% in 2025 as Apollo Expands at Depth | Ari Sussman

    Collective Mining (TSX: CNL; NYSE American: CNL) Executive Chair Ari Sussman joins Kitco Mining’s Investment Trends with Paul Harris to reflect on a breakout 2025 and outline what could drive the next phase at the Guayabales Project in Colombia. At Apollo, Sussman explains that the discovery of the deeper RAMP zone has reignited growth at depth with higher-grade, bulk-style mineralization after the system appeared to be nearing its limits. “So we’re in growth mode, and this thing’s getting bigger and better,” he said. Looking ahead, Collective plans to drill up to 100,000 meters in 2026, aiming to deliver a more advanced maiden mineral resource than is typical for early-stage discoveries, with a meaningful portion classified as indicated. The program will also refocus on the Trap target and continue early-stage drilling at San Antonio, where a shallow vein system sits above a deeper porphyry target. Sussman adds that the company is already thinking like a future builder, with plans to start an exploration drift in the second half of 2026 to improve access, accelerate drilling, and help shorten the path toward future economic studies. Don’t forget to subscribe to the Kitco Mining and Kitco News YouTube channels to stay up to date on the latest industry news and interviews. 00:41 – Collective Mining’s 2025 Discoveries and Share Price Momentum 01:23 – Apollo Deposit Update and RAMP Zone Expansion 02:43 – High-Grade Intercepts, Visible Gold, and Deeper Drilling at Apollo 06:57 – 2026 Drill Program and Maiden Resource Strategy 11:48 – Exploration Access Tunnel, Underground Strategy, and Permitting 14:23 – Colombia’s Political Outlook and Mining Investment Climate 16:09 – Financing, Institutional Support, and Corporate Strategy 22:00 – Key Catalysts, Growth Targets, and Long-Term Outlook __________________________________________________________________ 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.

    24 min
  2. 2D AGO

    Debt, Currency Debasement, and Why Gold Still Wins in 2026 | David Garofalo

    Gold Royalty (NYSE American: GROY) CEO and Chairman David Garofalo joins Kitco Mining’s Paul Harris to outline why the macro forces driving gold higher remain firmly in place as 2026 begins, and how those dynamics are reshaping the royalty and streaming sector. Garofalo links gold’s strength to decades of currency debasement, record global debt, and persistently negative real interest rates, arguing policymakers have few options left beyond devaluing fiat currencies. “Gold is the one monetary instrument that can't be debased,” he said, adding that with real yields still negative, there is little opportunity cost to holding gold versus sovereign debt. Turning to the royalty space, Garofalo says the sector is entering a consolidation phase driven by cost of capital and scale. He outlines Gold Royalty’s evolution from a portfolio-build phase into a free cash flow business, highlighting a debt-free balance sheet, roughly 90% margins, and expectations for approximately 360% growth in attributable gold equivalent ounces over the next five years as key assets ramp up. He also discusses the growing role of new capital providers, including Tether, and why the industry is missing a mid-cap royalty “champion” capable of attracting large institutional investors while still delivering growth. 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. 00:34 – David Garofalo on Gold, Debt, and Currency Debasement 03:15 – Geopolitics, Negative Real Rates, and Gold’s Opportunity Cost 05:35 – Royalty Consolidation, Scale, and Cost of Capital 09:07 – Gold Royalty’s Free Cash Flow Profile and 360% Growth Outlook 16:22 – 2026 Outlook, Deal Discipline, and What Comes Next __________________________________________________________________ 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
  3. Gold Near $4,500, Silver Above $80: What Comes Next in 2026 | Greg Orrell

    JAN 6

    Gold Near $4,500, Silver Above $80: What Comes Next in 2026 | Greg Orrell

    Greg Orrell, Portfolio Manager at OCM Gold Fund, joins Kitco Mining’s Paul Harris to break down why the precious metals market enters 2026 in uncharted territory. With gold closing in on $4,500/oz and silver pushing through $80/oz at the time of recording, Orrell highlights how unusual the move has been, noting that “the gold price went up every single month in 2025,” something he says has not happened going back to 1971. Orrell says the rally reflects a structural shift in demand, led by non-Western buyers and new participants such as Tether, which he says is buying gold on a regular basis. He argues that rising U.S. debt and deficit spending remain the central drivers for gold, while Western investors are still largely on the sidelines. The discussion also explores why silver has entered a new phase, what record margins mean for miners, and why discipline, per-share delivery, and capital returns matter as the cycle evolves. 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. 00:28 – Greg Orrell and the OCM Gold Fund 01:37 – Gold and Silver’s Historic 2025 Run 03:02 – What Drove Gold and Silver Higher 06:33 – Outlook for Gold and Silver in 2026 13:00 – What $4,500 Gold Means for Producers 18:39 – How Orrell Evaluates Gold Stocks 24:35 – M&A Outlook for Gold Miners 27:10 – Risks, Pullbacks, and Key Watchpoints 30:17 – Final Thoughts on the Gold Cycle __________________________________________________________________ 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. 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.

    31 min
  4. New TSXV Listing Syntholene Eyes Commercial Fuel Before 2030

    12/17/2025

    New TSXV Listing Syntholene Eyes Commercial Fuel Before 2030

    Syntholene Energy (TSXV: ESAF) CEO Dan Sutton says the company’s synthetic jet fuel strategy is built on proven industrial execution, supported by a board with deep mining, uranium, and infrastructure experience. Newly listed on the TSXV, Syntholene is positioning itself as a next-generation fuel producer using geothermal heat to drive high-temperature electrolysis and deliver a major cost advantage. “We build real things, and I think over the course of the next. Six, 12, and 18 months. Investors are gonna see the evidence of that materialized,” he said. The company expects to deploy its first geothermal to electrolysis demonstration system by the end of next year, following successful prototype work at Idaho National Lab. Sutton says commercial production before 2030 is possible with strategic customers and project financing similar to large-scale mining infrastructure. He added that synthetic fuels can meet the purity and performance standards required for civilian and military turbines, aligning the technology with broader themes of energy security. Key catalysts include the demonstration build, Iceland deployment, customer discussions, and potential strategic partners. Don’t forget to subscribe to the Kitco Mining and Kitco News YouTube channels to stay up to date on the latest industry news and interviews. 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
  5. Tom Palmer’s Final Interview: Newcrest, Divestitures, and What’s Next

    12/16/2025

    Tom Palmer’s Final Interview: Newcrest, Divestitures, and What’s Next

    In his final interview as CEO of Newmont (NYSE: NEM; TSX: NGT), Tom Palmer joins Kitco Mining’s Paul Harris to reflect on the decade that reshaped the world’s largest gold producer. Palmer steps down on December 31 after steering the company through the Goldcorp integration, the COVID era, cost inflation, and the landmark acquisition of Newcrest. He says the Newmont he is handing to incoming CEO Natasha is fundamentally stronger. “We now have 12 managed operations. Each of them has very long life ore bodies that we can confidently make decisions on a 20 to 30 year timeframe.”  Palmer explains how Newmont exceeded expectations in its divestiture program, returned more than $2.7 billion to shareholders this year, and built a portfolio designed to generate reliable free cash flow through the price cycle. He also discusses the shift toward generalist investors, the role of discipline as gold trades near record levels, and how consolidation, digital gold, and new buyers like Tether could shape the sector in 2026. As he transitions into an advisory role, Palmer shares what he hopes to see next from the global gold industry.  Don’t forget to subscribe to the Kitco Mining and Kitco News YouTube channels to stay up to date on the latest industry news and interviews. 00:27 – Tom Palmer’s Tenure and Leadership at Newmont 01:48 – Newmont’s Strength, Portfolio Quality, and Long Life Assets 04:32 – Why Tom Palmer Is Stepping Down as CEO 05:50 – Divestitures, Newcrest Strategy, and Capital Returns 10:21 – Investor Expectations, Guidance, and Free Cash Flow Discipline 17:56 – Gold Industry Trends, Consolidation, and Digital Gold 21:44 – Palmer’s Next Chapter and Life After Newmont 23:56 – Final Reflections and Farewell 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.

    24 min
  6. 350 Moz Silver Project Accelerates as AbraSilver Prepares Q1 2026 FS

    12/10/2025

    350 Moz Silver Project Accelerates as AbraSilver Prepares Q1 2026 FS

    AbraSilver Resource Corp. (TSXV: ABRA; OTCQX: ABBRF) CEO John Miniotis says the Diablillos silver gold project is entering its strongest development window yet as Argentina’s new RGI regime reshapes project economics. Speaking with Kitco Mining at the NBF CEO Mining Conference in London, Miniotis says, “RGI has been an absolute game changer for Argentina as a whole, and specifically for our project.” Based on current metal prices, the tax and export duty changes alone represent more than one billion dollars in value uplift. AbraSilver expects EIA approval, RGI approval, and a full feasibility study by the end of Q1 2026. The project is anchored by a 350 million ounce silver equivalent resource, ongoing high-grade drilling, and a balance sheet holding 65 million dollars in cash with no debt. Miniotis says the company will review multiple financing options ahead of a final investment decision targeted for late Q3 2026, with early works construction already funded. Key themes shaping AbraSilver’s next development phase include:  • Diablillos’ potential to become one of the world’s largest primary silver mines  • Feasibility study delivery targeted for Q1 2026  • Financing paths for a roughly 540 million dollar build  • High-grade gold and silver results across multiple zones  • Expansion scenarios up to 18,000 tons per day  • Catalysts leading to a construction decision next year Don’t forget to subscribe to Kitco Mining for full coverage of the NBF CEO Mining Conference in London.  Special thanks to our sponsor, Agnico Eagle, for making this coverage possible. Visit https://agnicoeagle.com/ to learn more. https://youtu.be/_H33j3TzYGs?si=0iAArSQMJJrPAhOO 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.

    22 min
  7. Aris Mining Targets 500K oz in 2026 as Arbitration Deal Clears the Path

    12/10/2025

    Aris Mining Targets 500K oz in 2026 as Arbitration Deal Clears the Path

    Aris Mining (TSX: ARIS; NYSE American: ARMN) CEO Neil Woodyer joins Kitco Mining at the 2025 NBF CEO Mining Conference in London to break down a pivotal month for the company, including the landmark settlement of its long-running international arbitration with the government of Colombia. As Woodyer explains, “It now has a very clear legal obligation spelled out in many pages and many subpages,” marking the first time Colombia has reached a commercial resolution of this kind with a mining company. Woodyer also discusses acquiring the remaining 49 percent of the Soto Norte project, strengthening government relationships, and the redesigned development plan, now moving toward EIA submission. He outlines how Aris’s integrated small-miner model, strong cash flow from Segovia, the ongoing expansion at Marmato, and progress at Toroparu position the company on a pathway toward long-term growth and multi-asset production scale. Don’t forget to subscribe to the Kitco Mining and Kitco News YouTube channels to stay up to date on the latest industry news and interviews. Special thanks to our sponsor, Agnico Eagle, for making this coverage possible. Visit https://agnicoeagle.com/ to learn more. https://youtu.be/z-ejCf0ms3U?si=5O3QCPG7MFc4wEW8 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
  8. Artemis Gold Targets Major Growth as Blackwater Delivers Record Margins

    12/10/2025

    Artemis Gold Targets Major Growth as Blackwater Delivers Record Margins

    Artemis Gold (TSXV: ARTG; OTCQX: ARGTF) Executive Chair Steven Dean says Blackwater is generating exceptional margins as the company accelerates its next stages of growth. Speaking with Kitco Mining at the NBF CEO Mining Conference in London, Dean says “we’re in a very fortunate position to have significant organic growth,” noting all-in sustaining costs of about $840 per ounce and a margin of more than $3,000 per ounce at current gold prices. Blackwater achieved commercial production earlier this year and is already operating above its 6 million tonne nameplate capacity. Dean outlines how the phase 1A expansion to 8 million tonnes per year is underway, with a major phase 2 build expected to start in Q2 2026 and take throughput north of 20 million tonnes per year over a two-year construction window. He discusses funding this largely from cash flow, supported by a C$700 million revolving credit facility, while maintaining life-of-mine AISC below $1,000 per ounce and targeting production well above 500,000 ounces per year. In this interview, Dean also discusses:  • Blackwater’s rapid ramp-up, margin profile and capital allocation priorities  • How the 6 Mtpa plant is being expanded to 8 Mtpa (phase 1A) and then to 20+ Mtpa under phase 2  • Funding options for a $1 billion-plus expansion and the role of the new C$700 million revolver  • Exploration plans on Artemis’ 1,500 square kilometre land package around Blackwater  • How strong cash balances, perceived undervaluation and about 38% insider ownership shape Artemis’ M&A options Don’t forget to subscribe to Kitco Mining for full coverage of the NBF CEO Mining Conference in London. Special thanks to our sponsor, Agnico Eagle, for making this coverage possible. Visit https://agnicoeagle.com/ to learn more. https://youtu.be/udL00GrTKtQ?si=ye1orTLgfMMVH2O9 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.

    24 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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