The miners who are winning while gold is spiking - Joe Mazumdar warns you need to watch margins

Copper is attracting investor interest from the Middle East, noted Joe Mazumdar, editor of Exploration Insights.
On Thursday Mazumdar recorded Digging Deep with Kitco correspondent Paul Harris.
With copper prices hitting $5 pound recently, interest in the metal is spiking. However sizeable funding is coming a non-traditional player in the resource sector. Mazumdar noted Saudi Arabia has been investing heavily, noting the Kingdom's state mining company, Manara Minerals, is nearing a $1 billion deal for stake in Barrick’s Reko Diq.
Mazumdar and Harris also looked at Teck earnings. The company divested its metallurgical coal business. CEO of Teck is Jonathan Price.
"It did seem that Jonathan Price was trying to put a positive spin on the company, having sold...the best and most profitable part of its business," said Mazumdar, adding that the company wanted to have more exposures to copper and attract more interest from ESG investors.
The two also looked at gold. Despite high gold prices, major gold producers haven't seen significant margin expansion due to increased costs and lower grades. Mid-tier gold miners are outperforming majors in terms of margins, with some achieving sub $1,000/oz all-in sustaining costs.
Troilus Gold's feasibility study for its Quebec project was poorly received due to lower grades, increased throughput, and higher capital intensity. Osino Resources' acquisition by Yintai Gold marks a significant approval of Chinese investment in the Canadian mining sector.
Red Pine Exploration's assay manipulation scandal raises concerns about trust and chain of custody in the junior mining sector, and New Gold's buyback of cash flow interest in the New Afton mine from the Ontario Teachers' Pension Plan is a positive move, potentially making the company a more attractive takeover target.
00:00 Welcome to Digging Deep with Kitco Mining
00:24 The Copper Market Surge: Analysis and Insights
01:40 Teck's Coal ESG Decision
02:41 Exploring Junior Copper Explorers and Major Mining Investments
09:24 Gold Market Dynamics and Financials
12:58 Feasibility Study Woes: The Case of Troilus Gold
18:40 Canada gives green lights China investment in Osino
25:47 Financial Strategies in Mining: New Gold's Cash Flow Deal
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[@henryterranauta9100]

🎲🎲Mazumdar knows🎲🎲 inside and the outside 🎲of precious metals 🌟🌟🌟🌟🌟🌟🌟🌟

[@Timothy_Pitt]

Quite
His newsletter, recommended?

[@goldismoney5899]

END THE FED. Gold is money.

[@AM-bf9tb]

Cool, send me your worthless paper money please.

[@Timothy_Pitt]

Thank you, good interview
What do we think of points discussed Troilus, anyone?

[@B.V.1008]

Gold Pridiction plz nxt two year???

[@grumpy3517]

Higher...

[@garymellow1185]

NorthIsle Copper and Gold has a promising project

[@fritzbender5050]

Awesome stuff keep it coming! cheers!