market news

$12M Gold Revenue in Q2, But Can it Grow Without The Cost Blowing up?

October 6, 2026

Golconda Gold is a gold producer with two operations. The main focus is the underground Galaxy Gold Mine near Barberton and Mbombela in South Africa, and they’re also restarting the Summit gold-silver mine with the Banner Mill in New Mexico. In this conversation, I asked for a Q2 2026 operational and financial update, plus the Summit restart timeline, costs, the balance sheet, and what they plan to do with future cash flow.

202m Lithium Pegmatite in Quebec, But is This a Real System?

September 28, 2026

Brunswick Exploration’s two main Quebec assets are the Mirage project and the Anatacau Main project, both in the Eeyou Istchee James Bay region. It also has early-stage ground in Greenland and Saudi Arabia. Most of this conversation was about the recent 202 m spodumene-bearing pegmatite intercept at the Anaïs dyke on Anatacau, and what it means for the company’s priorities, with a shorter update on Greenland and Saudi.

Wide Gold Trenches in Private Uruguay Play, But Can They Prove a System?

September 26, 2026

Sun Valley Minerals is a private company that is weeks away from listing on the TSXV under the proposed ticker SUNV. Its flagship is the 100% owned Tarumán gold-silver project, about 8 km west of Pirarajá in Uruguay, with secondary targets at Plumas Doradas and Keana along the same roughly 30 km corridor, plus an early-stage project in the north. In this interview, I asked the CEO about management incentives, the share structure, why B2Gold walked away, the revised geological model, its drill plans and the path to listing.

1.3M Ounces of Gold in Nevada, But Does The Metallurgy Work?

September 26, 2026

Blossom Gold owns 100% of the Rosebud gold-silver project in Pershing County, Nevada. Rosebud is a former underground mine run by a Newmont-Hecla joint venture in the late 1990s, and it sits right next to Hycroft. Blossom also owns the Kamma claims to the west. In this interview, I asked about the history of the asset and why previous operators left, the plan to turn Rosebud into a large open-pit heap leach mine, as well as metallurgy, permitting and water, money, and the early drilling at Kamma.

5 Uranium Projects in Saskatchewan, But Can They Prove Continuity?

September 21, 2026

Xcite Uranium is an early stage uranium explorer with projects near Uranium City in northern Saskatchewan. The flagship is the Don Lake project, which Xcite is earning up to 80% of from Eagle Plains. Its other projects are Lorado, Beaver River, Black Bay and Gulch, five in total. In this interview, I asked the CEO about the first Don Lake drill holes, what the assays need to show, the Eagle Plains option terms, funding and warrant exercises, and his goal of building a large uranium resource.

Copper Sulphides in 8 Drill Holes, But Is There a Real Discovery?

September 21, 2026

Leviathan Metals’ flagship is the Central Project in the Kalahari Copper Belt in Botswana, on the Hyena Hills dome, which sits directly south of MMG’s Khoemacau mine. Leviathan also holds uranium ground in Botswana, zinc-lead-silver ground in Bosnia and Herzegovina (the Foča area), and Australian gold assets it wants to sell. In this interview, I asked CEO Luke Norman about the drill program, the land position, cash, the share price slide, and how he plans to communicate going forward.

1M+ Ounces of Heap Leach Gold in Mexico, But Can They Really Restart It?

September 18, 2026

Axo Metals, until recently named Axo Copper, holds two projects in Mexico. San Antonio, a past-producing, gold and silver focused project in Sonora, is the company’s main asset and the subject of almost this entire conversation. La Huerta, an earlier stage copper project in Jalisco, is the company’s original asset but is currently getting little capital or attention. In this interview, I asked CEO Jonathan Egilo about his background and ownership stake, the long history of San Antonio, current drilling, the company’s cash position, and what’s coming up over the next several months.

District-Scale Copper Targets, But Can Drilling Confirm a System?

September 17, 2026

Tribeca Resources has two projects: La Higuera, an IOCG copper-gold project about 40 km north of La Serena in the Coquimbo region, and Jiguata, a large porphyry copper-molybdenum-gold system with an overlying gold-silver epithermal target in the Tarapacá region near the Bolivian border. It also holds Chiricuto, a smaller IOCG project in the Mantoverde district next to Capstone Copper’s Mantoverde and Santo Domingo operations, currently secondary. This was a catch-up interview covering field and drilling progress since May, pending assay results, financing, and an option payment restructuring.

New Type of Royalty Company, But Can They Really Scale the Model?

September 16, 2026

Nations Royalty buys and pools mining royalty and impact benefit agreement (IBA) payments owned by First Nations. Its founding portfolio, contributed by the Nisga’a Nation, covers five interests tied to BC’s Golden Triangle and northern BC mining region: Brucejack (Newmont), KSM (Seabridge Gold), Premier and Red Mountain (Cambria Gold Mines), and Kitsault (New Moly). In this conversation, I asked the CEO how these unusual mineral-tax-linked payments work, the company’s cash position, and progress toward signing new Indigenous partnerships. TL;DR Only one of the five assets, Brucejack, is currently paying: C$2.2 million in royalty revenue last quarter (about C$8.8 million annualized) against roughly C$3.3 million a year in overhead, so the company says it’s profitable and will be free cash flow positive once that gold-silver mine’s payments are received. Nations Royalty has about C$17 million in cash, last raised C$15 million in January 2026 at C$1.60 a share with a half

Cash-Flowing Gold Mine in Ontario, But Can They Get Costs Under Control?

September 15, 2026

Hemlo Mining’s flagship is the Hemlo gold mine near Marathon, northwestern Ontario, bought from Barrick last year. In this interview with CEO Jason Kosec, I asked about the mine’s history under Barrick, the current operational turnaround, the resource and mine plan rebuild, the Franco-Nevada and Wheaton encumbrances, the contingent payment owed back to Barrick, exploration on the wider land package, and the balance sheet.

High-Grade Silver Veins in Mexico, But Are the Widths Mineable?

September 14, 2026

Mercado Minerals’ flagship is Copalito, an optioned low sulphidation epithermal vein system roughly 120 km northeast of Culiacán and about 35 km from McEwen’s El Gallo complex, with a second 100 percent owned project called Zamora about 110 km north of Mazatlán and signed LOIs over San Rafael and La California in the San Dimas district of Durango. In this interview, we went through the usual smell test on incentives and ownership, then spent most of the time on the just-completed maiden drill program, what Phase II looks like, treasury, and the Sinaloa security question.

Titanium-Vanadium Discovery in Labrador, But Will The Metallurgy Work?

September 11, 2026

SAGA Metals’ flagship is the Radar titanium-vanadium-iron project about 10 km south of Cartwright in southeastern Labrador, covering the Dykes River intrusive complex, a layered mafic intrusion hosting vanadiferous titanomagnetite and ilmenite. The second asset is Wolverine, a rare earth project roughly 50 km west of Hopedale and 12 km inland from the coast. In this interview, I asked about the resource drilling just completed at Radar, the metallurgical work with Temas Resources, treasury and spending, insider ownership and royalties, and permitting and port access.