Matt sits down with Exploration Insights' analyst Joe Mazumdar to talk development risk and investor strategy in this week's episode! The discussion includes a round-up of recent development projects that have experienced some growing pains, including: Red Eagle Mining's (TSX: R; US-OTC: RDEMF) San Ramon operation in Colombia; New Gold's (TSX: NGD; NYSE-MKT: NGD) Rainy River mine in Ontario; and TMAC Resources (TSX: TMR; US-OTC: TMMFF) Hope Bay project in Nunavut.
We also dig into Alamos Gold's (TSX: AGI; NYSE: AGI) recent acquisition of Richmont Mines (TSX: RIC; NYSE: RIC), and what to expect from Canada's gold majors moving into the fourth quarter of 2017. Joe outlines his investment thoughts following the recent rally in precious and base metal prices, and offers investors some advice on strategies when it comes to mine development.
Timeline
4:22 Commodity and investment update
6:23 Mine development 101
8:00 Red Eagle's San Ramon project
11:30 TMAC Resources Hope Bay operation
16:13 Pretium's Brucejack mine
18:00 New Gold's Rainy River deposit
19:00 Nevsun's Bisha operation
21:00 Tips for investors looking at developer discloure
25:00 Gold majors and asset divestments
28:30 Alamos/Richmont deal
31:00 Current investment strategies
Articles referenced:
The Progressive Mine Forum in Toronto: www.northernminer.com/progressive-mine-forum/
Kirkland Lake rides high grades towards banner year: www.northernminer.com/news/kirkland-…ar/1003789201/
Novo Resources strikes gold at Purdy’s Reward in Australia: www.northernminer.com/news/novo-reso…rd/1003788541/
GT Gold surges on greenfield discovery: www.northernminer.com/news/gt-gold-s…le/1003788300/
Site visit: Western Copper approaches final mine design at Casino: www.northernminer.com/news/site-visi…no/1003783863/
Music Credits:
"Cool Rock" Kevin MacLeod (incompetech.com)
Licensed under Creative Commons: By Attribution 3.0 License
creativecommons.org/licenses/by/3.0/
"Isolated" Kevin MacLeod (incompetech.com)
Licensed under Creative Commons: By Attribution 3.0 License
creativecommons.org/licenses/by/3.0/
view more