Kitco MINING

Jenny Shaigec, CEO of Sandpiper Trading, joins Kitco Mining’s Paul Harris at the 2026 Precious Metals Summit in Beaver Creek to discuss why she believes investors should look beyond cryptocurrency when assessing the growing shift toward tokenization and digital assets.

Shaigec examines Pax Silica, the U.S.-led economic security initiative launched in December 2025 around AI, critical minerals and technology supply chains, alongside the evolving U.S. regulatory framework for digital assets. She warns that “if you think it’s just about crypto, it is not,” arguing that the tokenization of real-world assets raises broader questions around ownership, custody, traceability and government control.

She also lays out her concerns about greater centralization within the international monetary system and the future role of stablecoins and digital currencies. Shaigec explains why those concerns reinforce her preference for physical precious metals, and why she believes investors should think carefully about custody as gold itself becomes increasingly integrated into digital financial infrastructure.

Don’t forget to subscribe to the Kitco Mining & Kitco News YouTube channels to stay up to date on the latest industry news and interviews.

Special thanks to our sponsor, Newcore Gold. To learn more, visit: https://newcoregold.com/

00:51 - From Energy Trading to Junior Mining
02:20 - What Is Pax Silica?
04:25 - Why the CLARITY Act Matters Beyond Crypto
06:11 - Tokenizing Real-World Assets
07:59 - IMF Immunity and Accountability Concerns
10:23 - The Global Currency Endgame
12:19 - Amero, Stablecoins and Regional Currency Blocs
14:49 - Protecting Physical Gold and Silver
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Kitco Mining is dedicated to reporting on the mining industry. Our mandate is to be the top resource for all mining information and news, offering a clear perspective on where the industry is going through breaking news coverage, mining trends, and in-depth reporting, presented with precious, rare earth, base metals, and industry stock prices.

Get important precious and base metal updates while on the go with the Kitco Gold LIVE! app - https://applications.kitco.com

Stay connected with us
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Instagram - https://www.instagram.com/kitcomining
LinkedIn - https://www.linkedin.com/company/kitco-mining
Facebook - https://www.facebook.com/KitcoMining

Connect with the Kitco Mining anchors
Paul Harris - https://x.com/paulharrisgold
 
For more in-depth mining coverage, visit us here - https://www.kitco.com/mining

Disclaimer: Videos are not trading advice, and the views expressed may not reflect those of Kitco Metals Inc.

Disclaimer: The views expressed in this podcast are those of the author and may not reflect those of Kitco Metals Inc. The author has made every effort to ensure accuracy of information provided; however, neither Kitco Metals Inc. nor the author can guarantee such accuracy. This article is strictly for informational purposes only. It is not a solicitation to make any exchange in commodities, securities or other financial instruments. Kitco Metals Inc. and the author of this podcast do not accept culpability for losses and/ or damages arising from the use of this publication.

Brett Heath, CEO of Metalla Royalty & Streaming, joins Kitco Mining’s Paul Harris at the 2026 Mining Forum Americas in Colorado Springs to explain why he believes streams are becoming a “mainstream form of financing” for the mining industry.

Heath argues that rising borrowing costs and increasingly expensive copper builds could create a larger role for royalty and streaming capital, with some future transactions potentially reaching several billion dollars. He also explains why larger deals could lead to more syndication across the royalty sector.

Heath discusses Metalla’s growing cash flow, what approaching the US$1 billion market-cap threshold means for the company, and its 1.5% NSR covering Gosselin and portions of Côté. He also addresses Tether’s growing position in Metalla and explains why greater access to capital has not changed the company’s acquisition discipline: “we are not going to grow for the sake of growth.”

Heath outlines upcoming catalysts across Gosselin, Taca Taca, Copper World and Castle Mountain as Metalla’s portfolio continues to mature.

Don’t forget to subscribe to the Kitco Mining & Kitco News YouTube channels to stay up to date on the latest industry news and interviews.

Special thanks to our sponsor, Metalla Royalty & Streaming. To learn more, visit: https://www.metallaroyalty.com/

00:35 - Why Streams Can Beat Debt
02:38 - Why Bigger Royalty Deals Are Coming
03:27 - Copper’s Next Build Cycle
04:32 - How Higher Rates Reshape Mining Finance
05:38 - Why Copper Projects Still Take Years
07:20 - Metalla’s Copper Royalty Portfolio
08:13 - Will Royalty Deals Be Syndicated?
09:18 - Metalla’s Cash Flow Step Change
11:19 - What a US$1 Billion Market Cap Changes
12:37 - Repricing Metalla’s Gosselin Royalty
14:33 - Tether’s Growing Stake in Metalla
16:28 - Why Metalla Is Staying Disciplined
17:52 - Metalla’s Next 12 to 18 Month Catalysts
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Kitco Mining is dedicated to reporting on the mining industry. Our mandate is to be the top resource for all mining information and news, offering a clear perspective on where the industry is going through breaking news coverage, mining trends, and in-depth reporting, presented with precious, rare earth, base metals, and industry stock prices.

Get important precious and base metal updates while on the go with the Kitco Gold LIVE! app - https://applications.kitco.com

Stay connected with us
X - https://x.com/KitcoMining
Instagram - https://www.instagram.com/kitcomining
LinkedIn - https://www.linkedin.com/company/kitco-mining
Facebook - https://www.facebook.com/KitcoMining

Connect with the Kitco Mining anchors
Paul Harris - https://x.com/paulharrisgold
 
For more in-depth mining coverage, visit us here - https://www.kitco.com/mining

Disclaimer: Videos are not trading advice, and the views expressed may not reflect those of Kitco Metals Inc.

Disclaimer: The views expressed in this podcast are those of the author and may not reflect those of Kitco Metals Inc. The author has made every effort to ensure accuracy of information provided; however, neither Kitco Metals Inc. nor the author can guarantee such accuracy. This article is strictly for informational purposes only. It is not a solicitation to make any exchange in commodities, securities or other financial instruments. Kitco Metals Inc. and the author of this podcast do not accept culpability for losses and/ or damages arising from the use of this publication.

Greenheart Gold President and CEO Justin van der Toorn joins Kitco Mining’s Paul Harris for Kitco Spotlight at the 2026 Precious Metals Summit in Beaver Creek as the company drills its highest-priority exploration target at Tosso Creek in Suriname.

Greenheart began an initial 2,000-meter diamond drill program at Tosso Creek in August following trench results including 56.0 meters grading 0.97 g/t gold at Swalanga and 7.0 meters grading 4.57 g/t gold at Walaba. Van der Toorn says Tosso Creek now needs to demonstrate “multi-million-ounce potential,” with the first drilling designed to test continuity, structural controls and higher-grade zones before Greenheart decides whether to expand the program.

Van der Toorn also explains how the team is applying its experience from Reunion Gold and the Oko West discovery across the Guiana Shield. He says Greenheart’s roughly C$75 million cash position gives the company flexibility to accelerate successful projects while walking away from those that fail to show sufficient scale, as it continues building a broader pipeline across Suriname and Guyana.

Don’t forget to subscribe to the Kitco Mining & Kitco News YouTube channels to stay up to date on the latest industry news and interviews.

To learn more about Greenheart Gold, visit: https://www.greenheartgold.com/

Sponsored content. This video was produced with support from a Kitco sponsor. Kitco does not endorse or recommend any company, security, investment product, or investment strategy. This content is for informational purposes only and should not be considered investment advice.

00:21 - Why Suriname Matters
00:54 - How Greenheart Gold Was Formed
02:07 - Suriname’s Growing Mining Momentum
03:19 - Greenheart’s Regional Exploration Edge
04:27 - Greenheart’s Exploration Playbook
05:19 - Strategic Investors and Big-Money Interest
08:28 - Why Greenheart Raised C$60 Million
10:04 - What Exploration Success Looks Like
11:20 - Greenheart’s Suriname Project Portfolio
13:44 - Why Tosso Creek Is the Top Priority
14:53 - When Greenheart Walks Away
16:41 - Building the Guyana-Suriname Pipeline
19:27 - Greenheart’s Next 12 to 18 Month Catalysts
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Kitco Mining is dedicated to reporting on the mining industry. Our mandate is to be the top resource for all mining information and news, offering a clear perspective on where the industry is going through breaking news coverage, mining trends, and in-depth reporting, presented with precious, rare earth, base metals, and industry stock prices.

Get important precious and base metal updates while on the go with the Kitco Gold LIVE! app - https://applications.kitco.com

Stay connected with us
X - https://x.com/KitcoMining
Instagram - https://www.instagram.com/kitcomining
LinkedIn - https://www.linkedin.com/company/kitco-mining
Facebook - https://www.facebook.com/KitcoMining

Connect with the Kitco Mining anchors
Paul Harris - https://x.com/paulharrisgold
 
For more in-depth mining coverage, visit us here - https://www.kitco.com/mining

Disclaimer: Videos are not trading advice, and the views expressed may not reflect those of Kitco Metals Inc.

Disclaimer: The views expressed in this podcast are those of the author and may not reflect those of Kitco Metals Inc. The author has made every effort to ensure accuracy of information provided; however, neither Kitco Metals Inc. nor the author can guarantee such accuracy. This article is strictly for informational purposes only. It is not a solicitation to make any exchange in commodities, securities or other financial instruments. Kitco Metals Inc. and the author of this podcast do not accept culpability for losses and/ or damages arising from the use of this publication.

Grant Williams, author and host of the Grant Williams Podcast, joins Kitco Mining’s Paul Harris at the 2026 Precious Metals Summit in Beaver Creek to explain why he believes “the bond market is where people should be looking” as rising yields increase borrowing costs and expose stress across the financial system.

Williams argues that governments and central banks are becoming increasingly constrained as higher debt-service costs collide with persistent inflation and growing competition for capital. He also lays out his case for a future monetary reset in which gold could return as a stabilizing anchor, arguing that such a shift would not be chosen voluntarily but could ultimately be “forced upon them.”

The discussion also covers declining trust between governments and institutions, Williams’s interpretation of gold repatriation as a signal of that shift, geopolitical and energy risks, and how investors should think about protecting portfolios against extreme events. Williams says gold and the bond market are the two key signals to watch for changes in trust, funding pressure and financial stability.

Don’t forget to subscribe to the Kitco Mining & Kitco News YouTube channels to stay up to date on the latest industry news and interviews.

Special thanks to our sponsor, Newcore Gold. To learn more, visit: https://newcoregold.com/

00:54 - Bond Market Stress Returns
03:38 - Why Rising Yields and Debt Costs Matter
05:45 - Treasury vs. the Bond Market
07:36 - Cost of Living and the Midterm Elections
09:11 - Gold: “The Wolf Is Back”
11:01 - Could a Monetary Reset Force Gold Back In?
13:06 - U.S.-China Relations and Political Optics
14:54 - Middle East Risk, Oil and Trust
18:35 - What Gold Repatriation Is Signaling
22:05 - War Risk and Portfolio Protection
24:06 - The Two Indicators Investors Should Watch
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Kitco Mining is dedicated to reporting on the mining industry. Our mandate is to be the top resource for all mining information and news, offering a clear perspective on where the industry is going through breaking news coverage, mining trends, and in-depth reporting, presented with precious, rare earth, base metals, and industry stock prices.

Get important precious and base metal updates while on the go with the Kitco Gold LIVE! app - https://applications.kitco.com

Stay connected with us
X - https://x.com/KitcoMining
Instagram - https://www.instagram.com/kitcomining
LinkedIn - https://www.linkedin.com/company/kitco-mining
Facebook - https://www.facebook.com/KitcoMining

Connect with the Kitco Mining anchors
Paul Harris - https://x.com/paulharrisgold
 
For more in-depth mining coverage, visit us here - https://www.kitco.com/mining

Disclaimer: Videos are not trading advice, and the views expressed may not reflect those of Kitco Metals Inc.

Disclaimer: The views expressed in this podcast are those of the author and may not reflect those of Kitco Metals Inc. The author has made every effort to ensure accuracy of information provided; however, neither Kitco Metals Inc. nor the author can guarantee such accuracy. This article is strictly for informational purposes only. It is not a solicitation to make any exchange in commodities, securities or other financial instruments. Kitco Metals Inc. and the author of this podcast do not accept culpability for losses and/ or damages arising from the use of this publication.

John Hathaway, Managing Partner at Sprott Asset Management, joins Kitco Mining’s Paul Harris at the 2026 Precious Metals Summit in Beaver Creek to discuss why he sees gold as an “all-weather strategy” and why he believes gold equities may be entering a stronger phase.

Hathaway says miners are better managed than they were at the 2011 gold-price peak and more profitable than at any point he has seen since entering the sector in 1998, but argues companies still need to do a better job explaining why investors should own their stocks. He says the “torque” gold equities can provide relative to moves in bullion is starting to play out, while cash-rich producers and what he views as low sector valuations could fuel an M&A wave that he believes is “just around the corner.”

Hathaway also discusses “lazy balance sheets,” why some producers should consider holding bullion, and what could finally bring generalist investors back into gold and mining equities. He says a broader rotation may require investors to lose confidence in bonds and their existing portfolio positioning, while warning that mining inflation could eventually pressure today’s strong margins.

Don’t forget to subscribe to the Kitco Mining & Kitco News YouTube channels to stay up to date on the latest industry news and interviews.

Special thanks to our sponsor, Newcore Gold. To learn more, visit: https://newcoregold.com/

00:22 - John Hathaway’s Gold Investing Journey
02:11 - Joining Sprott and Scaling the Business
02:56 - Why Gold Is an “All-Weather Strategy”
04:02 - How Mining Analysis Has Changed
05:09 - Why Miner Pitch Decks Still Miss the Point
07:53 - Why Gold Producers Should Hold Bullion
09:35 - “Lazy Balance Sheets” and Capital Allocation
11:37 - Why Mining M&A Is “Just Around the Corner”
12:57 - Where Hathaway Sees the Best Equity Opportunities
15:13 - Mining Inflation and Margin Risk
17:04 - Gold’s Consolidation and Cycle Signals
18:55 - What Brings Generalist Investors Back to Gold
21:15 - What Investors May Regret in Five Years

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Kitco Mining is dedicated to reporting on the mining industry. Our mandate is to be the top resource for all mining information and news, offering a clear perspective on where the industry is going through breaking news coverage, mining trends, and in-depth reporting, presented with precious, rare earth, base metals, and industry stock prices.

Get important precious and base metal updates while on the go with the Kitco Gold LIVE! app - https://applications.kitco.com

Stay connected with us
X - https://x.com/KitcoMining
Instagram - https://www.instagram.com/kitcomining
LinkedIn - https://www.linkedin.com/company/kitco-mining
Facebook - https://www.facebook.com/KitcoMining

Connect with the Kitco Mining anchors
Paul Harris - https://x.com/paulharrisgold
 
For more in-depth mining coverage, visit us here - https://www.kitco.com/mining

Disclaimer: Videos are not trading advice, and the views expressed may not reflect those of Kitco Metals Inc.

Disclaimer: The views expressed in this podcast are those of the author and may not reflect those of Kitco Metals Inc. The author has made every effort to ensure accuracy of information provided; however, neither Kitco Metals Inc. nor the author can guarantee such accuracy. This article is strictly for informational purposes only. It is not a solicitation to make any exchange in commodities, securities or other financial instruments. Kitco Metals Inc. and the author of this podcast do not accept culpability for losses and/ or damages arising from the use of this publication.

Ronald-Peter Stöferle, Managing Partner at Incrementum and author of the In Gold We Trust report, joins Kitco Mining’s Paul Harris at the 2026 Precious Metals Summit in Beaver Creek to discuss why he believes gold is moving through a remonetization cycle rather than simply another bull-market phase.

Stöferle says “trust is being repriced” as central banks accumulate and repatriate gold while confidence in bonds and institutions comes under pressure. He also argues that revaluing U.S. gold reserves to current market prices could create a significant balance-sheet gain and potentially help reestablish trust in the U.S. bond market and dollar.

The discussion also covers Bitcoin as “digital gold,” Stöferle’s “Corporate Gold Standard” case for miners holding part of their cash in bullion, the strongest bear case for gold, and why his long-term $8,900 gold target remains in place for the end of 2030.

Don’t forget to subscribe to the Kitco Mining & Kitco News YouTube channels to stay up to date on the latest industry news and interviews.

Special thanks to our sponsor, Newcore Gold. To learn more, visit: https://newcoregold.com/

00:50 - In Gold We Trust Report and AI
02:08 - Gold’s Remonetization Thesis
04:00 - Central Banks and Gold’s Return
07:19 - Trust, Repatriation and Geopolitics
10:45 - Bond Market Stress and Gold
13:10 - Revaluing U.S. Gold Reserves
14:34 - Bitcoin as Digital Gold
16:27 - The Corporate Gold Standard
20:56 - The Bear Case for Gold
24:05 - $8,900 Gold by 2030
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Kitco Mining is dedicated to reporting on the mining industry. Our mandate is to be the top resource for all mining information and news, offering a clear perspective on where the industry is going through breaking news coverage, mining trends, and in-depth reporting, presented with precious, rare earth, base metals, and industry stock prices.

Get important precious and base metal updates while on the go with the Kitco Gold LIVE! app - https://applications.kitco.com

Stay connected with us
X - https://x.com/KitcoMining
Instagram - https://www.instagram.com/kitcomining
LinkedIn - https://www.linkedin.com/company/kitco-mining
Facebook - https://www.facebook.com/KitcoMining

Connect with the Kitco Mining anchors
Paul Harris - https://x.com/paulharrisgold
 
For more in-depth mining coverage, visit us here - https://www.kitco.com/mining

Disclaimer: Videos are not trading advice, and the views expressed may not reflect those of Kitco Metals Inc.

Disclaimer: The views expressed in this podcast are those of the author and may not reflect those of Kitco Metals Inc. The author has made every effort to ensure accuracy of information provided; however, neither Kitco Metals Inc. nor the author can guarantee such accuracy. This article is strictly for informational purposes only. It is not a solicitation to make any exchange in commodities, securities or other financial instruments. Kitco Metals Inc. and the author of this podcast do not accept culpability for losses and/ or damages arising from the use of this publication.

Mackay Gold & Silver CEO and Director Darwin Green joins Kitco Mining’s Kitco Spotlight with Paul Harris at the 2026 Precious Metals Summit in Beaver Creek to discuss the company’s consolidation of Nevada’s historic Comstock district and the first results from its maiden drill program.

Green says Mackay now effectively controls the major historic lodes across the district, allowing the company to explore the system at district scale for the first time. Initial drilling at Occidental South included 59.4 meters grading 1.00 g/t gold, with the first seven holes nearly doubling the Occidental South mineralized strike length to about 550 meters.

Green also outlines Mackay’s goal of framing 2 to 3 million ounces over the next 12 to 24 months by combining new drilling with the conversion of historical estimates. He discusses the deeper Sutro Tunnel target, plans to continue expanding the drill program, and why Mackay believes the broader Comstock district still has significant exploration potential.

Don’t forget to subscribe to the Kitco Mining & Kitco News YouTube channels to stay up to date on the latest industry news and interviews.

To learn more about Mackay Gold & Silver, visit: https://mackaycorp.com/

Sponsored content. This video was produced with support from a Kitco sponsor. Kitco does not endorse or recommend any company, security, investment product, or investment strategy. This content is for informational purposes only and should not be considered investment advice.

00:23 - Consolidating Nevada’s Comstock District
03:09 - Maiden Drill Results at Occidental South
05:35 - Step-Out Drilling Extends Mineralization
07:18 - 2 to 3 Million Ounce Resource Goal
10:34 - Scaling Up Across the District
12:04 - Sutro Tunnel Deep Target
15:03 - 20,000-Meter Drill Program and Funding
18:35 - Permitting in the Historic Comstock District
20:23 - Comstock Site Visit Preview
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Kitco Mining is dedicated to reporting on the mining industry. Our mandate is to be the top resource for all mining information and news, offering a clear perspective on where the industry is going through breaking news coverage, mining trends, and in-depth reporting, presented with precious, rare earth, base metals, and industry stock prices.

Get important precious and base metal updates while on the go with the Kitco Gold LIVE! app - https://applications.kitco.com

Stay connected with us
X - https://x.com/KitcoMining
Instagram - https://www.instagram.com/kitcomining
LinkedIn - https://www.linkedin.com/company/kitco-mining
Facebook - https://www.facebook.com/KitcoMining

Connect with the Kitco Mining anchors
Paul Harris - https://x.com/paulharrisgold
 
For more in-depth mining coverage, visit us here - https://www.kitco.com/mining

Disclaimer: Videos are not trading advice, and the views expressed may not reflect those of Kitco Metals Inc.

Disclaimer: The views expressed in this podcast are those of the author and may not reflect those of Kitco Metals Inc. The author has made every effort to ensure accuracy of information provided; however, neither Kitco Metals Inc. nor the author can guarantee such accuracy. This article is strictly for informational purposes only. It is not a solicitation to make any exchange in commodities, securities or other financial instruments. Kitco Metals Inc. and the author of this podcast do not accept culpability for losses and/ or damages arising from the use of this publication.

Blackrock Silver President and CEO Andrew Pollard joins Kitco Mining’s Kitco Spotlight with Paul Harris at the 2026 Precious Metals Summit in Beaver Creek to discuss new drilling at the company’s Tonopah West silver-gold project in Nevada and its path toward underground development.

Pollard says the latest step-out drilling has extended high-grade mineralization another 600 meters along the Denver vein system, with one hole returning 0.49 meters at 1,096 g/t silver equivalent. The program also identified a new intrusive-complex target, while 12 additional drill assays remain pending.

Pollard also outlines the permitting path for an exploration decline, a planned minimum 50,000-ton bulk sample, underground drilling, and a move directly toward feasibility. He discusses potential U.S. government funding, Blackrock’s valuation gap, the planned TSX uplisting and the company’s goal of breaking ground in 2027.

Don’t forget to subscribe to the Kitco Mining & Kitco News YouTube channels to stay up to date on the latest industry news and interviews.

To learn more about Blackrock Silver, visit: https://www.blackrocksilver.com/

Sponsored content. This video was produced with support from a Kitco sponsor. Kitco does not endorse or recommend any company, security, investment product, or investment strategy. This content is for informational purposes only and should not be considered investment advice.

00:23 - Tonopah West PEA and Development Plan
01:00 - 600-Meter Step-Out Extends Denver Vein
03:24 - Resource Growth and Mine-Life Upside
06:03 - Permitting the Exploration Decline
08:48 - Decline Cost and 50,000-Ton Bulk Sample
11:06 - Underground Drilling and Feasibility Path
14:39 - Financing and Potential U.S. Support
17:51 - Valuation Gap and TSX Uplisting
19:47 - Governance Issue Explained
22:06 - Next 12 to 18 Month Catalysts
22:53 - TSX Timing and What Comes Next
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Kitco Mining is dedicated to reporting on the mining industry. Our mandate is to be the top resource for all mining information and news, offering a clear perspective on where the industry is going through breaking news coverage, mining trends, and in-depth reporting, presented with precious, rare earth, base metals, and industry stock prices.

Get important precious and base metal updates while on the go with the Kitco Gold LIVE! app - https://applications.kitco.com

Stay connected with us
X - https://x.com/KitcoMining
Instagram - https://www.instagram.com/kitcomining
LinkedIn - https://www.linkedin.com/company/kitco-mining
Facebook - https://www.facebook.com/KitcoMining

Connect with the Kitco Mining anchors
Paul Harris - https://x.com/paulharrisgold
 
For more in-depth mining coverage, visit us here - https://www.kitco.com/mining

Disclaimer: Videos are not trading advice, and the views expressed may not reflect those of Kitco Metals Inc.

Disclaimer: The views expressed in this podcast are those of the author and may not reflect those of Kitco Metals Inc. The author has made every effort to ensure accuracy of information provided; however, neither Kitco Metals Inc. nor the author can guarantee such accuracy. This article is strictly for informational purposes only. It is not a solicitation to make any exchange in commodities, securities or other financial instruments. Kitco Metals Inc. and the author of this podcast do not accept culpability for losses and/ or damages arising from the use of this publication.

Florian Grummes, Managing Director of Midas Touch Consulting, joins Kitco Mining’s Paul Harris at the 2026 Precious Metals Summit in Beaver Creek to discuss gold’s secular bull market, silver’s long-term technical setup, and why the next major move may take longer than many investors expect.

Grummes says gold remains in a secular bull market but could take until mid-to-late 2027 to reach a new all-time high. He also discusses rising bond yields, the long-term outlook for the U.S. dollar and an oil shock he believes could push energy prices higher and add further inflationary pressure.

On silver, Grummes revisits what he calls “the mother of all cup and handles,” arguing the multi-decade technical pattern still points to major long-term upside despite the recent correction. He also explains why industrial demand, gold substitution, and the broader monetary backdrop could support silver over the coming years.

Don’t forget to subscribe to the Kitco Mining & Kitco News YouTube channels to stay up to date on the latest industry news and interviews.

Special thanks to our sponsor, Newcore Gold. To learn more, visit: https://newcoregold.com/

01:35 - How Long Until Gold’s Next High?
04:19 - The Risk of Focusing Only on the Dollar
05:37 - Oil Shock, Inflation and Gold
08:57 - U.S. Dollar Reserve Currency Outlook
12:10 - Fed Rates vs. the Bond Market
13:44 - Silver’s Long-Term Bull Case
16:51 - “Mother of All Cup and Handles”
18:25 - Gold Support and Resistance Levels
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Kitco Mining is dedicated to reporting on the mining industry. Our mandate is to be the top resource for all mining information and news, offering a clear perspective on where the industry is going through breaking news coverage, mining trends, and in-depth reporting, presented with precious, rare earth, base metals, and industry stock prices.

Get important precious and base metal updates while on the go with the Kitco Gold LIVE! app - https://applications.kitco.com

Stay connected with us
X - https://x.com/KitcoMining
Instagram - https://www.instagram.com/kitcomining
LinkedIn - https://www.linkedin.com/company/kitco-mining
Facebook - https://www.facebook.com/KitcoMining

Connect with the Kitco Mining anchors
Paul Harris - https://x.com/paulharrisgold
 
For more in-depth mining coverage, visit us here - https://www.kitco.com/mining

Disclaimer: Videos are not trading advice, and the views expressed may not reflect those of Kitco Metals Inc.

Disclaimer: The views expressed in this podcast are those of the author and may not reflect those of Kitco Metals Inc. The author has made every effort to ensure accuracy of information provided; however, neither Kitco Metals Inc. nor the author can guarantee such accuracy. This article is strictly for informational purposes only. It is not a solicitation to make any exchange in commodities, securities or other financial instruments. Kitco Metals Inc. and the author of this podcast do not accept culpability for losses and/ or damages arising from the use of this publication.

Newcore Gold President and CEO Luke Alexander joins Kitco Mining’s Kitco Spotlight with Paul Harris at the 2026 Precious Metals Summit in Beaver Creek to discuss the Enchi Gold Project in Ghana and what comes next after its pre-feasibility study.

At a $4,200 gold price, the PFS outlined a $647 million after-tax NPV, a 45% IRR and roughly $351 million in initial CapEx. With Newcore trading at a market capitalization of about $80 million, Alexander says “there’s a fundamental disconnect” between the company’s valuation and the project economics.

Alexander also explains the move to a CIL operation, Ghana’s mining and royalty changes, Enchi’s leverage to higher gold prices, and the path toward a feasibility study and mining lease. He also discusses roughly 33,000 meters of drill results still to come as Newcore targets higher-grade material, resource growth and future mine-plan optimization.

Don’t forget to subscribe to the Kitco Mining & Kitco News YouTube channels to stay up to date on the latest industry news and interviews.

Special thanks to our sponsor, Newcore Gold. To learn more, visit: https://newcoregold.com/

Sponsored content. This video was produced with support from a Kitco sponsor. Kitco does not endorse or recommend any company, security, investment product, or investment strategy. This content is for informational purposes only and should not be considered investment advice.

01:35 - CIL Plan and Newcore’s Valuation Gap
03:05 - Why Newcore Shares Trade at a Discount
04:43 - Strategic Investment and Project Valuation
08:54 - Ghana Mining Policy and Royalty Changes
11:44 - Gold Price Assumptions and Enchi Economics
13:46 - Feasibility Study and Mining Lease Roadmap
17:29 - Resource Growth and Mine Plan Optimization
20:39 - 80,000-Metre Drill Program and Next Catalysts
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Kitco Mining is dedicated to reporting on the mining industry. Our mandate is to be the top resource for all mining information and news, offering a clear perspective on where the industry is going through breaking news coverage, mining trends, and in-depth reporting, presented with precious, rare earth, base metals, and industry stock prices.

Get important precious and base metal updates while on the go with the Kitco Gold LIVE! app - https://applications.kitco.com

Stay connected with us
X - https://x.com/KitcoMining
Instagram - https://www.instagram.com/kitcomining
LinkedIn - https://www.linkedin.com/company/kitco-mining
Facebook - https://www.facebook.com/KitcoMining

Connect with the Kitco Mining anchors
Paul Harris - https://x.com/paulharrisgold
 
For more in-depth mining coverage, visit us here - https://www.kitco.com/mining

Disclaimer: Videos are not trading advice, and the views expressed may not reflect those of Kitco Metals Inc.

Disclaimer: The views expressed in this podcast are those of the author and may not reflect those of Kitco Metals Inc. The author has made every effort to ensure accuracy of information provided; however, neither Kitco Metals Inc. nor the author can guarantee such accuracy. This article is strictly for informational purposes only. It is not a solicitation to make any exchange in commodities, securities or other financial instruments. Kitco Metals Inc. and the author of this podcast do not accept culpability for losses and/ or damages arising from the use of this publication.