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 a Wild Animal, Gold Heads for $6,000 in 2026 | Craig Hemke

Is This the End of the Gold and Silver Rally? | Peter Grandich

Why Gold And Silver Stay High Even After Rate Cuts | Todd Bubba Horwitz

Recommended

TomaGold Confirms Presence Of Berrigan Deep Zone Following Geophysics

Antimony Resources Reports Massive Stibnite Mineralization Over 25 Metres At Marcus (West) Zone

Related News

Military Demand Drives Antimony Prices: Hertz Energy’s Strategic Position

In this interview, Kal Malhi, CEO and Director of Hertz Energy Inc. (CSE: HZ), provides...
Tuesday, September 24, 2024, 01:04:00 PM

Why Are Central Banks Buying So Much Gold? — With David Erfle

Joining us on The Daily Dive this afternoon is David Erfle, founder of JuniorMinerJunky.com. Today...

Wednesday, February 1, 2023, 01:30:00 PM

Discovery Silver: Housing The Largest Undeveloped Silver Asset Globally – The Daily Dive

Joining us for the mid-week episode of The Daily Dive is Taj Singh, CEO of...

Wednesday, June 23, 2021, 01:30:00 PM

New Found Gold Hits 26 g/t Gold Over 9 Metres In Latest Iceberg Drilling

Further assay results have been released by New Found Gold (TSXV: NFG) from drilling at...

Thursday, June 8, 2023, 08:27:34 AM

George Adams: COVID-19 Damages The Heart – The Daily Dive

Today’s Daily Dive welcomes back Dr. George Adams, Executive Chairman of VentriPoint Diagnostics (TSXV: VPT)....

Friday, September 17, 2021, 01:30:00 PM