NovaRed Enters Standstill Agreement for Mining Surveillance Technology and Appoints Valentin Saitarli as Chief Technology Officer #JuniorMining# #Mining# #MiningStocks# #Agreement# #Appointment# #CSEStocks# #OTC# #OTCMarkets# #OTCStocks# #SmallCaps# #Investing#

$4,400 Gold Can Fix Almost Any Mining Project Except This | Brien Lundin At $4,400 gold, almost every mining project looks better. Brien Lundin says that may be exactly what makes this market dangerous. Lundin joins Kitco News anchor Jeremy Szafron to explain why soaring gold prices are reviving previously uneconomic deposits, attracting money back into junior miners and transforming the balance sheets of major gold producers. But high prices can also conceal weak projects, excessive dilution and risks investors may not see until the cycle turns. >> Watch the full interview at Kitco Lundin lays out the one obstacle even $4,400 gold cannot overcome, why explorers are typically the last mining stocks to move and why major producers could now offer three-to-five-times upside with less risk than junior exploration companies. The conversation also covers China’s gold demand, record copper prices, the coming competition for new projects and why Lundin believes today’s copper price could eventually look like a discount. He also explains why gold initially falls whenever Federal Reserve Chair Kevin Warsh sounds hawkish—and why buyers keep stepping back into the market. Lundin is editor of Gold Newsletter and host of the New Orleans Investment Conference. Kitco News will be reporting from this year’s conference, taking place October 28–31. Register here: ( Recorded September 8 2026 Follow Jeremy Szafron on X: @JeremySzafron ( Follow Kitco News on X: @KitcoNewsNOW ( Follow Brien Lundin on X: @Brien_Lundin ( CHAPTERS 00:00 Has $4,400 gold made mining better—or harder to read? 01:00 The “optionality” plays are finally paying off 03:27 Why gold miners still haven’t caught up to gold 06:02 China is buying more at $4,400 than it did at $3,000 09:01 Copper hits a record—and tells a different story 12:21 Seven factors that can kill a mining project 17:22 The one thing high gold prices cannot fix 18:26 Why an explorer can now become a miner 21:22 Money rushes back into junior mining stocks 23:14 Why explorers are the last mining stocks to move 36:12 Why major producers could outperform the juniors 37:49 Lundin’s costly admission: “I’m a lousy seller” 43:30 Why the market may be wrong about Fed rate hikes

Retail investors are piling into gold-mining stocks: The gold miners ETF, $GDX, attracted +$9 million in retail inflows on Wednesday, posting its 6th daily inflow over the last 7 trading sessions. This follows +$17 million recorded on Monday and +$25 million on Friday, the largest daily inflow in at least a year. By comparison, the previous largest daily inflow in 2026 was +$23 million posted in February. Overall, $GDX has attracted +$419 million in inflows so far this month, putting it on track for its largest monthly intake since February. Demand for gold miners is skyrocketing.

I recently sat down with a $4.5B critical metals CEO. Here's what I learned. It's been a strong week for mining stocks, especially after the market got a reminder of the long game the Trump Admin is playing with another $3B in commitments. But overall, many rare earth / mining stocks have underperformed heavily this year, even despite a massive rally in high beta stocks after the Iran ceasefire. $TMC: -42.3% YTD $LAC: -27.8% YTD $TMQ: -13.2% YTD $NB: -9.3% YTD $CRML: -5.3% YTD So I thought it'd be interesting to share my takeaways from interviewing Lewis Black, CEO of Tungsten miner $ALM about the overall sector and of course Tungsten specifically. 1) As for the sector's underperformance, Lewis attributed it to the "dreaded junior miner". Basically there's been a surge in mining companies, without any operating mines, getting funding or hype in the last year based on all the Trump funding. You need to find companies with real operating mines, growing revenue and profits, with management teams invested alongside. If there's no permits, it is a multi-year, long story... 2) Why should retail care about critical metals at all? Because there's no AI without them. His analogy was that you can bake the greatest cake in the world but not without wheat. Every semiconductor on earth needs tungsten gas during fabrication, tiny amounts, zero substitutes. The AI trade has run through chips, then memory, now power. Almost nobody is pricing the raw inputs sitting underneath all of it. 3) Permitting and processing are where the real moat lives, not in the ground. He's watched an enormous amount of capital get destroyed in this space, and his read is that basically every mine outside his own in Tungsten that has tried to open has failed, because processing is the hard part. That's the part promoters skip. The ore body is the easy story to sell. Turning it into product that a customer will actually take is where projects die. 4) The best geopolitical filter I heard all year. Someone gave Lewis this framework and he passed it on. When you're assessing a critical metals project, ask whether in the event of World War Three it would still supply the United States. That single question kills most of the map. It's why a lot of headline projects in jurisdictions everyone is excited about right now don't clear the bar. 5) The bigger picture is China moving downstream, and it applies to the whole complex. Defense demand is about to pull hard on supply that doesn't exist yet, and something has to give. Lewis's bet is that less essential sectors like autos lose access first, and Europe would rather accept Chinese finished components than slow their lines. China spent 30 years selling the West cheap raw material. Now they take the value-add layer. That's the shift investors should be positioning around, not just the spot price of any one metal.

Premarket movers Mag 7 stocks are all higher (Tesla +1.3%, Meta +0.7%, Alphabet +0.7%, Amazon +0.6%, Nvidia +0.5%, Apple +0.1%, Microsoft +0.1%) Cryptocurrency-linked stocks are rallying as Bitcoin rises, putting it on track for its best weekly gain in more than two years. Strategy (MSTR) climbs 8%, Coinbase (COIN) rises 5%. Mining stocks are rising as gold is on track for a third weekly gain after the US Treasury’s unexpected ramp-up in buybacks of long-dated government debt underscored concerns about its burden. Newmont (NEM) rises 3%. Flowers Foods (FLO) falls 4% after the maker of Wonder Bread cut its adjusted earnings-per-share forecast for the full year. O-I Glass (OI) rises 5% after Citi upgraded the packaging products company to buy, saying shares appear to be “meaningfully oversold.” OSI Systems (OSIS) falls 13% after the medical device maker’s forecast for fiscal 2027 revenue fell short of the average analyst estimate. Parsons Corp. (PSN) rises 2% after Baird upgraded the IT services company to outperform, saying guidance looks conservatively set. NetEase ADRs (NTES) rise 6% after the company’s core gaming business was seen as resilient and forecast to keep growing steadily. Ross Stores (ROST) climbs 8% after the off-price retailer boosted its earnings per share forecast for the full year.