Digging Deep
Join a discussion with the brightest minds in the resource investing sector and learn how to navigate the complex world of mining investment. Kitco Mining's Digging Deep, hosted by Paul Harris, is your weekly appointment to understand the key trends in the resource investment space. Paul sits with experts to dissect investment trends and understand the dynamic landscape shaping the future of natural resource extraction. Digging Deep is your guide to understanding resource investment and how to profit from it.
Digging Deep
JuniorMinerJunky’s Erfle on Gold $3,700, Silver $42, and Sector Momentum
JuniorMinerJunky.com founder David Erfle joins Kitco Mining’s Digging Deep to unpack a pivotal week for gold, silver, copper, and mining equities. “Gold futures hit $3,700 and silver now is back over $42 in the futures market as we’re speaking right now,” he says. With money flowing and juniors hitting 52-week and all-time highs, sentiment has flipped. “It’s really nice to see a lot of those frowns from the last couple of years turned upside down.”
Speaking at Precious Metals Summit Beaver Creek, Erfle breaks down the proposed $53 billion Anglo Teck copper mega-merger, calling it a major positive for the sector and noting the 12 to 18-month timeline could invite rival bids from giants like Glencore or Rio. He also points to a new wave of juniors securing producing mines for cash flow, citing Integra, Discovery, and Heliostar as examples.
On royalties, Erfle highlights the $450 million Elemental Altus EMX merger into a $1 billion mid-tier, alongside Tether’s $100 million investment as crypto capital moves into mining.
Erfle says bargains are harder to find and a correction is likely, but he remains bullish on fund flows and sector momentum.
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.
