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

Silver Is in a New Price Regime, and the Market Isn’t Used to It | Keith Neumeyer – First Majestic

Agnico Eagle Just Made a Massive Gold Land Grab

A Copper-Gold Deposit Caught the White House’s Attention | Rob McLeod – Cambria Gold

Recommended

Antimony Resources Drills 4.38% Sb Over 7.05 Metres At Bald Hill In Final Hole Of 2025 Program

Kirkland Lake Drills 121 Metres Of 1.01 g/t Gold At Mirado

Related News

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

Has The Market Baked In A Large Stimulus Package? – The Daily Dive feat Brian G. Belski

Starting off the week for the Daily Dive is that of Brian G. Belski, Chief...

Monday, January 25, 2021, 01:30:00 PM

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

300% RETURNS! The Junior Mining Stocks About To Explode In This Gold Bull Market | John Feneck

In this interview, John Feneck provides a comprehensive analysis of the current gold bull market,...

Sunday, May 11, 2025, 03:13:00 PM

First Helium: A Self-Funded Helium Exploration Play – The Daily Dive

Closing out the week on The Daily Dive is that of Ed Bereznicki, CEO of...

Friday, April 8, 2022, 01:30:00 PM