Soaring Gold Prices Mask Deep Problems in Mining Sector

Is the mining sector on the brink of a major transformation? In this high-impact episode of Digging Deep, Nicole Adshead-Bell, Director of Cupel Advisory, joins Kitco’s Paul Harris to analyze the M&A boom shaking up the gold and copper markets in 2024—and what it could mean for 2025.

Nicole breaks down the drivers behind the recent wave of consolidation, the impact of record gold margins, and why rising metal prices may be papering over deeper structural issues in global production. She also weighs in on China’s aggressive mining expansion into Latin America, a game-changing Lundin-BHP copper-gold discovery, and how companies like i-80 Gold are staging financing comebacks in today’s volatile environment.

This is essential viewing for investors tracking mining sector deals, geopolitics, and the commodities powering the global economy.

Key points:
- Majors see gold output slide by 1.5M oz while margins exceed 60%
- M&A cycle is accelerating, investors now demanding near-term growth
- Lundin-BHP’s Vicuna project revealed as biggest copper discovery in 30 years
- China’s long-game: Latin American copper takeovers amid Western inaction
- U.S. permitting delays, rising arsenic ore challenge future copper supply

00:00 Introduction
00:23 First Quarter Results Overview
00:58 Mergers and Acquisitions in the Mining Sector
07:32 Gold Fields' Acquisition of Gold Road Resources
12:24 Challenges in the Ghanaian Gold Sector
15:40 Copper Discoveries and Developments
23:03 Chinese Investments in Latin American Copper
29:27 Resolution Copper Project in Arizona
34:06 i-80 Gold's Financing and Future Plans
37:38 Conclusion

Follow Paul Harris on X: @PaulHarrisGold (https://x.com/paulharrisgold)
Follow Kitco Mining on X: @KitcoMining (https://x.com/kitcomining)

#mining #gold #goldprice #investing

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