Are We At The Start Of A Mining M&A Cycle? – The Daily Dive

Today on the Daily Dive, we sit down with Doug Hurst, Chairman of Elevation Gold (TSXV: ELVT), as well as a director of New Found Gold (TSXV: NFG). Doug sits down with us this afternoon to discuss the recent issuance of the Canadian US dollar denominated bond, the impact of the Russia-Ukraine crises on the mining sector, and what countries offer the best conditions for mining. Also discussed is the M&A trend in the mining industry, how he defines good or bad drilling results in the gold space, and his read on the price of gold. Also covered is the recent successes seen at New Found Gold.

New Found Gold is currently advancing its 100%-owned Queensway gold project in Gander, Newfoundland. The firm is owned 32% by Palisades Gold, in which Collin is also the founder and executive chairman. With his recently augmented investment in the company, Eric Sprott effectively owns 23% equity, while the rest is shared by Novo Resources, management, and investors.


Information for this briefing was found via Sedar, and the companies mentioned. The author has no securities or affiliations related to this organization. Not a recommendation to buy or sell. Always do additional research and consult a professional before purchasing a security. The author holds no licenses.

Video Articles

Why This War Made the Gold Case Stronger | Michael Gentile

Wall Street Bought the Ceasefire. Now Oil’s Back Over $100 | Todd Bubba Horwitz

Canada’s Soft Spot: Why Every Canadian Manufacturer Should Be Watching the July 1st CUSMA Negotiation

Recommended

Total Metals Secures High Grade Critical Minerals Property In Northwestern Ontario

Discovery at Luis Hill Prompts Acceleration of Phase 2 Program for Questcorp

Related News

David Nutt: Amanita Muscaria Due For More Research – The Daily Dive

Today on the Daily Dive, our host Cassandra Leah sits down with Dr David Nutt,...

Wednesday, March 10, 2021, 01:30:00 PM

Inca One: A Gold-Focused Firm Without The Mining Risk – The Daily Dive

Joining us today on The Daily Dive is that of Edward Kelly, CEO of Inca...

Thursday, June 24, 2021, 01:30:00 PM

Newfoundland: An Unexpected Gold Exploration Destination

Newfoundland is often overlooked by investors when searching for investment opportunities in the gold sector....

Sunday, October 4, 2020, 09:00:00 AM

Exploits Discovery Extends Length Of Jonathan’s Pond Project Gold Vein

Initial exploration results were released by Exploits Discovery Corp (CSE: NFLD) related to its wholly...

Thursday, November 19, 2020, 08:22:24 AM

Vortex Metals: The Illapel Copper Project

Michael Williams, Executive Chairman of Vortex Metals (TSVX: VMS), joins us today to share his...
Wednesday, July 5, 2023, 01:46:29 PM