Industry

Watch our PDAC 2026 interview with Peter Clausi of Silver Bullet Mines (TSXV: SBMI). The discussion focuses on active production at the King Tut and Super Champ mines in Arizona, supported by a company-owned mill. Clausi outlines the dual revenue approach, combining concentrate sales and direct shipping ore, and explains how high-grade material supports margins. The interview also touches on recent acquisitions and upcoming work at the Washington Mine in Idaho. The conversation provides a direct look at how Silver Bullet Mines is moving from development toward steady operations. [more]

Upside Gold Corp. (CSE: UG) is advancing its Kena Gold-Copper Project in British Columbia following its January 2026 listing. CEO Sophy Cesar outlined plans to complete a 5,000-metre drill program this year, with results expected in September. The project hosts a 3.31 million ounce historical gold resource, which the company aims to upgrade to NI 43-101 standards by year-end. Upside Gold is also evaluating silver and copper contributions, which could expand the overall resource. The company is working with a lean team and existing infrastructure to advance the project in a cost-conscious manner. [more]

EDM Resources Inc. is advancing plans to restart the Scotia Mine in Nova Scotia, a past-producing zinc-lead operation with existing infrastructure. CEO Mark Haywood highlighted new revenue streams, including gypsum, gold, and silver, alongside core zinc and lead production. A new prefeasibility study is expected in 2026, while the company moves through final permitting with a Fisheries Act application. EDM is also pursuing an OTCQB listing to expand investor access. With improving commodity prices across its metals and by-products, the Scotia Mine is positioned as a near-term restart opportunity with multiple catalysts ahead. [more]

At PDAC 2026, Glenn Mullan of Val D’Or Mining discussed the company’s exploration strategy and partnership model. Val D’Or Mining focuses on grassroots exploration in Quebec and Ontario and then options projects to partners who fund drilling. Eldorado Gold is the company’s main partner and is advancing multiple properties across the Abitibi region. Mullan also pointed to additional drilling activity from Kirkland Lake Discoveries and Juno Corp. The goal is to generate discoveries while building a portfolio of royalties from early-stage projects. This approach has roots in Mullan’s earlier companies, including Golden Valley Mines and Abitibi Royalties. [more]

At PDAC 2026, Robert Boyd of Endurance Gold outlined recent progress at the Reliance Gold Project in British Columbia. The company recently reported an inaugural inferred resource totaling 1.45 million ounces of gold and plans additional drilling to expand the system. An $8 million financing is expected to fund exploration, including step-out drilling and new target testing across the property. Several undrilled targets show encouraging geochemical signatures and strong gold values. The project sits near the historic Bralorne mining camp and continues to build momentum as the company advances drilling, metallurgical work, and early economic studies. [more]

BHP’s artificial intelligence (AI) mining strategy centers on execution, not technology alone. At PDAC 2026, Mikko Tepponen outlined how data integration, AI, and system-level platforms are reshaping mining decisions from exploration to operations. As ore bodies become deeper and more complex, and demand for critical minerals rises, BHP is prioritizing faster decision cycles, improved capital allocation, and operational stability. Key initiatives include centralized exploration data platforms, computer vision in iron ore operations, and digital twins at Escondida. The company reports over US$2 billion in value from digital initiatives, but emphasizes that scalable execution and integrated systems will define long-term competitive advantage. [more]

At the PDAC 2026 Investment Leaders Forum, Rick Rule argued investors may be entering a rare period when precious metals and industrial commodities advance together. He tied the setup to governments devaluing currencies and decades of underinvestment in mining exploration and broader industrial supply. Rule said the US dollar could lose up to 75% of its purchasing power over the next decade, a backdrop that could lift the nominal price of gold and reprice hard assets. His framework is to build a conservative base first, then add selective higher-risk positions where the market shows hate or boredom. [more]

At PDAC 2026, Vale S.A. CEO Gustavo Pimenta outlined a five-pillar strategy at Vale that he believes can help reshape mining’s role in the global markets. He said mineral demand could rise five to six times, driven by electrification, AI infrastructure, and global development. However, mining company valuations remain low due to weak public perception. Vale plans to meet this demand by focusing on iron ore, copper, and nickel, leveraging existing infrastructure, automation, and lower-carbon products. Pimenta emphasized that execution and social license, not just production growth, will determine whether mining companies can close the valuation gap. [more]