Video News/Digging Deep

Gold mining companies face tightening margins as bullion prices retreat and operating costs increase, according to Joe Mazumdar, Editor of Exploration Insights. Speaking with Kitco Mining's Paul Harris on October 30, 2026, Mazumdar examines the Federal Reserve's interest rate decision, persistent inflation pressures and the industry's shortage of experienced workers. He also warns that a potential correction in AI-related stocks could spill into mining equities, even as data centers drive additional demand for copper, uranium and critical minerals. Mazumdar also assesses the outlook for mining development in British Columbia, including permitting reform and infrastructure investment. He examines Boroo's proposed C$140 million acquisition of Yukon's Eagle Gold Mine assets, the operational challenges facing West Red Lake Gold's Madsen Mine, and growing investment interest in Idaho. The discussion includes Hercules Metals' C$45 million bought-deal financing and the challenges of advancing exploration projects toward development.