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

The $30,000 Gold Case Just Got Stronger | Simon Marcotte

Why Silver’s Move Is ‘Scary’ to Some Miners | Frank Basa

Are Commodities Entering a Generational Cycle? | Terry Lynch

Recommended

First Phosphate Finalizes $16.7 Million Non-Repayable Funding From Government Of Canada

Ottawa Backs First Phosphate Battery Grade Validation Push With $16.7M Boost

Related News

Bitcoin Is Showing Signs Of Exhaustion: Chris Vermuelen

Starting off this week on the Daily Dive, is that of Chris Vermuelen of The...

Monday, April 19, 2021, 01:30:00 PM

New Found Gold Expands Strike Of Iceberg Zone To 550 Metres

New Found Gold (TSXV: NFG) continues to prove-out a discovery it identified earlier this year...

Wednesday, May 31, 2023, 08:53:57 AM

The Future of Cannabis Delivery – The Daily Dive feat Adam Berk of Driven By Stem

Today on the Daily Dive, host Cassandra Leah is joined by Adam Berk, CEO of...

Wednesday, January 20, 2021, 01:30:00 PM

Phenomenal Time To Buy GOLD STOCKS! | Adrian Day

In this interview, Adrian Day, President of Adrian Day Asset Management, discusses the disconnect between...

Monday, February 3, 2025, 03:44:00 PM

Are There Any 50 Million Oz Gold Discoveries Left? – The Daily Dive feat Michael Dehn of Temas Resources

For our final episode of the Daily Dive during this short holiday week, host Cassandra...

Thursday, December 31, 2020, 01:30:00 PM