The Northern Miner Podcast

Matt hits the road to report on-site from Benchmark Mineral Intelligence's lithium-ion supply chain seminar. We sit down to with managing director Simon Moores to talk supply-demand fundamentals in the lithium market, the potential re-emergence of graphite plays, and emerging supply concerns in the cobalt market driven by socio-political volatility in the Democratic Republic of Congo. On Lesley's Geology Corner we drill into sediment-hosted stratiform copper deposits, which are top of mind following a massive resource update from Robert Friedland's Ivanhoe Mines (TSX: IVN) and it's "historic" Kamoa-Kakula project. We discuss the mineralizing events behind these typically large-scale copper ore bodies, which Lesley says was sort of a post-Archean geological hang over! Bonus: Matt digs into a busy upcoming earning season in the U.S., impending Bank of Canada policy moves, and PwC's junior market update! Timeline: Macro update and earning season: 2:35 Geology Corner ft. Ivanhoe Mines and sediment-hosted copper: 4:59 The lithium-ion battery rush ft. Simon Moores: 19:10 Upcoming Yukon territorial elections: 29:25 PwC's junior mining update: 31:20 Story references in this episode: Ivanhoe claims largest copper discovery in African history at Kamoa: http://www.northernminer.com/news/ivanhoe-completes-resource-kamoas-kakula-deposit-drc/1003778384/ Ivanhoe, Zijin wrap up prefeasibility study at Kamoa in DRC: http://www.northernminer.com/news/ivanhoe-zijin-wrap-up-prefeasibility-study-at-kamoa-in-drc/1003769644/ Junior markets show ‘signs of life,’ PwC reports: http://www.northernminer.com/news/junior-markets-show-signs-life-pwc-reports/1003778594/ Pure Energy’s Robinson surveys the world’s lithium deposits: http://www.northernminer.com/news/pure-energys-robinsons-take-lithium-deposits/1003773821/ Music Credit: Slow Burn Kevin MacLeod (incompetech.com) Licensed under Creative Commons: By Attribution 3.0 License creativecommons.org/licenses/by/3.0/

Matt and Lesley are back with a Ring of Fire edition of the Geology Corner! We talk Noront Resources' (TSXV: NOT) regional consolidation and dig into the underlying science behind chromite and iron. Bikinis are also briefly mentioned. Meanwhile, Matt talks recent narratives from the U.S. Federal reserve, protests at Goldcorp's (TSX: G; NYSE: GG) Penasquito operation in Mexico, ongoing political volatility in the Phillipines, and the pending closure of Capstone Mining's (TSX: CS; US-OTC: CSFFF) Minto Mine in the Yukon. Timeline: The U.S. Economy and Brexit : 1:36 Goldcorp's Penasquito and the Phillipines: 3:40 Ring of Fire Geology Corner: 7:18 Yukon Minute ft. Capstone's Minto: 23:30 Story references in this episode: Noront lobbies for road access to Eagle’s Nest: http://www.northernminer.com/aboriginal-issues/noront-lobbies-road-access-eagles-nest/1003778294/ Capstone outlines strategy to combat low copper price: http://www.northernminer.com/financial-matters/capstone-outlines-relief-levers-to-combat-low-copper-price/1003763032/ Editorial: Price drop catches gold investors off guard: http://www.northernminer.com/news/editorial-price-drop-catches-gold-investors-off-guard/1003778287/ Music Credit: Slow Burn Kevin MacLeod (incompetech.com) Licensed under Creative Commons: By Attribution 3.0 License creativecommons.org/licenses/by/3.0/

Matt and Lesley are back with another edition of the Geology Corner. This week we're focusing on Quebec gold deposits with discussion ranging from Agnico Eagle Mines’ (TSX: AEM; NYSE: AEM) and Yamana Gold's (TSX: YRI; NYSE: AUY) Canadian Malartic operation to Goldcorp's (TSX: G; NYSE: GG) Eleonore mine and Osisko Mining's (TSX: OSK) emerging Windfall project. Matt talks metallurgical coal restrictions in China, the $1-billion merger between Kirkland Lake Gold (TSX: KLG; US-OTC: KGILF) and Newmarket Gold (TSX: NMI; US-OTC: NMKTF), and more! Timeline: Commodity round-up: 0m42s China's met and thermal coal moves: 4m45s The Geology Corner: 8m40s Kirkland Lake and Newmarket Gold merger: 25m40s Yukon Minute ft. Western Copper and Gold: 32m50s Story references in this episode: Kirkland Lake, Newmarket unveil terms of $1B merger: http://www.northernminer.com/news/kirkland-lake-newmarket-unveil-terms-1b-merger/1003777941/ Quebec snapshot: Eight juniors strut their stuff: http://www.northernminer.com/news/quebec-snapshot-eight-juniors-strut-stuff/1003777825/ The geology behind Quebec’s world-class metal districts: http://www.northernminer.com/news/geology-behind-quebecs-world-class-metal-districts/1003777813/ Editorial: Metallurgical coal prices go through the roof: http://www.northernminer.com/commodities-markets/editorial-metallurgical-coal-prices-go-roof/1003777390/ Osisko calls Windfall a ‘company maker’: http://www.northernminer.com/people-in-mining/osisko-mining-says-windfall-project-quebec-will-company-maker/1003777728/ Music Credit: Slow Burn Kevin MacLeod (incompetech.com) Licensed under Creative Commons: By Attribution 3.0 License creativecommons.org/licenses/by/3.0/

Matt and Lesley are back in studio to unveil a new feature on the podcast: Lesley's geology corner! Today we discuss Endeavour Mining's (TSX: EDV) Ity gold mine in Côte d'Ivoire and Archaean greenstone belts, including Agnico Eagle Mines' (TSX: AEM; NYSE: AEM) Amaruq discovery near its Meadownbank mine in Nunavut. Conversation then turns to recent dramatic trading activity of Colorado Resources (TSXV: CXO) shares and its Inel gold asset in B.C.'s golden triangle. Bonus topics: Victoria Gold’s (TSXV: VIT; US-OTC: VITFF financing scenario at the Eagle project in the Yukon and SolidusGold's (TSXV: SDC)US$20-million deal with major Newmont Mining (NYSE: NEM)for the Northumberland gold project in Nevada! Timeline: Introducing the geology corner: 2m08s Commodity round-up: 3m45s Inaugural geology corner: 7m24s Greenstone belts and Agnico Eagle's Amaruq discovery in Nunavut: 15m23s Colorado Resources recent share movement: 18m50s Rick Van Nieuwenhuyse's SolidusGold deal with Newmont in Nevada: 24m18s Yukon Minute ft. Victoria Gold and Atac Resources: 26m08s Story references in this episode: Agnico boosts Amaruq gold resources, eyes 2019 production: http://www.northernminer.com/news/agnico-boosts-amaruq-gold-resources-eyes-2019-production/1003777580/ Site visit: Victoria on track to gold production at Eagle: http://www.northernminer.com/news/site-visit-victoria-track-to%e2%80%a8-gold-production-eagle/1003777632/ Colorado hunts for high-grade gold at KSP: http://www.northernminer.com/news/colorado-hunts-for-high-grade-gold-at-ksp/1003772633/ Atac eyes road access to Tiger gold deposit in the Yukon: http://www.northernminer.com/news/atac-eyes-road-access-tiger-gold-deposit-yukon/1003773987/ Music Credit: Slow Burn Kevin MacLeod (incompetech.com) Licensed under Creative Commons: By Attribution 3.0 License creativecommons.org/licenses/by/3.0/

Lesley's back from her adventurous kayaking vacation in B.C. to talk Ontario geology for our upcoming special! Matt digs into metallurgical coal, Lundin Mining's strategy on the change in ownership at the Tenke mine in the Democratic Republic of Congo, and the general state of markets. Bonus coverage: Arizona Mining's emerging Taylor zinc project! Timeline: Macro economic and commodity update: 2m47s Lesley's Ontario geology corner: 5m02s The bounce-back in met coal: 10m53s Arizona Mining's emerging Taylor zinc deposit: 12m40s Lundin's strategy at the Tenke operation in the DRC: 17m35s The Yukon minute: 20m40s Stories referenced in this episode: Ontario snapshot: Nine microcaps on the move: http://www.northernminer.com/news/ontario-snapshot-nine-microcaps-move/1003777406/ The geology behind Ontario’s world class metal districts: http://www.northernminer.com/news/geology-behind-ontarios-world-class-metal-districts-2/1003777417/ Altius reaps benefits of contrarian investing: http://www.northernminer.com/news/altius-ceo-touts-exploration-portfolio-rising-resource-markets/1003777464/ Editorial: Metallurgical coal prices go through the roof: http://www.northernminer.com/commodities-markets/editorial-metallurgical-coal-prices-go-roof/1003777390/ Freeport to sell Tenke stake for US$2.7B: http://www.northernminer.com/news/freeport-cuts-us2-65b-deal-with-china-moly-for-tenke-stake/1003773143/ Music Credit: Slow Burn Kevin MacLeod (incompetech.com) Licensed under Creative Commons: By Attribution 3.0 License creativecommons.org/licenses/by/3.0/

Western Editor Matthew Keevil sits down with Joe Mazumdar from Exploration Insights (https://www.explorationinsights.com/) for a wide-ranging discussion on the resource sector. Topics include the recent resource estimation troubles for Orezone Gold (TSXV: ORE; US-OTC: ORZCF) at the Bomboré gold project in Burkina Faso, West Africa. What's up with those resource estimates and 43-101 reports? We talk Pretium Resources' (TSX: PVG; NYSE: PVG) Brucejack gold project in northwestern B.C. and Nevsun Resources' (TSX: NSU; NYSE-MKT: NSU) Bisha operation in Eritrea. What is the deal with zinc markets? Bonus topics: Managing investment risk, where's the upside, and more! Macro commodity rundown: 1m24s Orezone's resource troubles: 3m55s Thoughts on 43-101s and resource estimation: 11m35s Pretium's Valley of Kings project: 13m30s Managing investment risk: 16m18s Finding value in resource stocks: 17m57s Nevsun's Bisha mine and zinc markets: 20m51s Investing in emerging South American markets: 23m12s Mergers and acquisitions trends: 25m25s Stories referenced in this episode: Nevsun sees bright future at Bisha: http://www.northernminer.com/news/nevsun-sees-bright-future-at-bisha/1003768267/ Nevsun trumps Lundin bid for Reservoir: http://www.northernminer.com/news/nevsun-trumps-lundin-bid-for-reservoirs-timok/1003772577/ PotashCorp, Agrium talk merger amid weak fertilizer markets: www.northernminer.com/news/potashcor…ts/1003777087/ Orezone takes a beating after bumbled Bomboré resource: www.northernminer.com/news/orezone-t…ce/1003776689/ Orezone cuts Bomboré resource by 29%: http://www.northernminer.com/news/orezone-reveals-bombore-resource-revision/1003777315/ Pretium boosts confidence in Brucejack: http://www.northernminer.com/news/pretium-boosts-confidence-in-brucejack/1003772639/ Music Credit: Slow Burn Kevin MacLeod (incompetech.com) Licensed under Creative Commons: By Attribution 3.0 License creativecommons.org/licenses/by/3.0/

Matt Keevil is joined by analyst Joe Mazumdar of Exploration Insights to talk investing strategy in the current market. Topics include a focus on earlier-stage exploration projects, the recent surge in Robert Friedland's Ivanhoe Mines (TSX: IVN; US-OTC: IVPAF), and Joe's pick of an explorer in northern B.C.'s Golden Triangle region. Check out the full interview with Joe Mazumdar in our upcoming podcast on Monday, September 12. Articles referenced: Kakula discovery a potential ‘game changer’ for Kamoa: http://www.northernminer.com/news/kakula-discovery-may-complete-game-changer-kamoa/1003776395/ The Northern Miner podcast – episode 25: Discovery round-up and chromite bikinis: http://www.northernminer.com/news/northern-miner-podcast-episode-25-discovery-round-chromite-bikinis/1003776417/ Colorado hunts for high-grade gold at KSP: http://www.northernminer.com/news/colorado-hunts-for-high-grade-gold-at-ksp/1003772633/ Music Credit: Energy Recorded by Bensound (http://www.bensound.com/royalty-free-music/track/energy) Licensed under Creative Commons: By Attribution-NoDerivs 3.0 Unported https://creativecommons.org/licenses/by-nd/3.0

Matt is joined by the Mercenary Geologist, Mickey Fulp, to talk the U.S. economy, elections, and a potential interest rate hike from the Federal Reserve. We question whether gold stocks are currently a bit overvalued, and drill into Mickey's long-term view on copper investment. Matt also explores the PotashCorp-Agrium merger rumors, which triggered comments from Saskatchewan Premier Brad Wall, and the recent eye-opening discovery by Wesdome Gold Mines (TSX: WDO; US-OTC: WDOFF) at the Kiena gold complex in Val D’Or, Quebec. Timeline: Show summary: 1m30s Commodity price talk: 3m10s Mickey and Matt talk macro metals: 6m23s Agrium-PotashCorp rumor discussion: 22m10s Yukon Mining Alliance minute: 27m02s Wesdome's high-grade discovery at Kiena: 28m50s Stories referenced in this episode: Wesdome management talks high-grade discovery at Kiena: http://www.northernminer.com/news/wesdome-management-talks-high-grade-discovery-kiena/1003776919/ PotashCorp, Agrium talk merger amid weak fertilizer markets: http://www.northernminer.com/news/potashcorp-agrium-talk-merger-amid-weak-fertilizer-markets/1003777087/ Orezone takes a beating after bumbled Bomboré resource: http://www.northernminer.com/news/orezone-takes-beating-bumbled-bombore-resource/1003776689/ Timely acquisitions set B2Gold on growth path: http://www.northernminer.com/news/b2gold-ceo-strategic-growth-defying-industry-trends/1003776976/ Music Credit: Slow Burn Kevin MacLeod (incompetech.com) Licensed under Creative Commons: By Attribution 3.0 License creativecommons.org/licenses/by/3.0/

Matt launches an exciting new feature this week entitled "CEO Corner." We touch base with B2Gold (TSX: BTO; NYSE-MKT: BTG) president and CEO Clive Johnson to talk about the right way to build a gold company, and drill into current gold markets and merger-and-acquisition strategy. Matt also heads up to IDM Mining’s (TSXV: IDM) Red Mountain property in northwestern B.C. to catch-up with president and CEO Robert McLeod. The company recently unveiled an exciting new drill target at its Lost Valley zone, and continues to advance the project through permitting and towards a new feasibility study. Bonus: Federal Reserve Chair Janet Yellan and company are at it again in Jackson Hole, Wy. Matt digs into the recent depression in commodity prices, and shares his thoughts on both B2Gold and IDM Mining. Timeline: Macro Commodity Round-Up: 4m20s B2Gold's Johnson talks growth profile: 8m44s B2Gold's Johnson on M&A and gold markets: 13m19s IDM's McLeod on the Lost Valley disocvery: 19m58s IDM's McLeod talks field season at Red Mountain: 22m35s The Yukon Minute: 24m44s Stories referenced in this episode: IDM’s Red Mountain moves closer to development: http://www.northernminer.com/news/idm-updates-red-mountains-pea/1003775380/ Premier Gold invests in IDM Mining: http://www.northernminer.com/news/premier-gold-invests-in-idm-mining/1003773053/ B2Gold locks up funding for Fekola mine in Mali: http://www.northernminer.com/news/b2gold-locks-up-funding-for-fekola-mine-in-mali/1003769680/ Atac eyes road access to Tiger gold deposit in the Yukon: www.northernminer.com/news/atac-eyes…on/1003773987/ Facts ‘n’ Figures: Gold demand nears new record, WGC says: http://www.northernminer.com/commodities-markets/facts-n-figures-gold-demand-nears-new-record-wgc-says/1003776653/ Editorial: LME shakes up gold world with gold and silver trading: http://www.northernminer.com/commodities-markets/editorial-lme-shakes-gold-world-gold-silver-trading/1003776684/ Music Credit: Slow Burn Kevin MacLeod (incompetech.com) Licensed under Creative Commons: By Attribution 3.0 License creativecommons.org/licenses/by/3.0/

Matt and Lesley round-up the week in commodities and talk about major BHP Billiton's (NYSE: BHP; LON: BLT) historically terrible financial year. Lesley digs into her recent in-depth geological piece on Canada's East Coast, while Matt drills down into a conversation he had with lawyer Fred Pletcher on new hostile takeover rules in Canada, and the mergers-and-acquisitions climate. Bonus: Lesley brings a list of "funnest games played in camp" from her friends around the industry! Timeline: Macro Commodity Round-Up: 1m07s BHP's "worst ever" year: 2m48s Lesley talks geology on Canada's East Coast: 6m28s Legal insights from Borden Ladner Gervais' Fred Pletcher: 11m58s Lesley talks fun games to pass the time in mining camps: 16m10s The Yukon Minute: 20m19s Stories referenced in this episode: Interview: BLG’s Pletcher talks Dolly Varden and Canada’s new hostile takeover rules: http://www.northernminer.com/news/interview-blgs-pletcher-talks-hostile-takeover-regulations-canada/1003776588/ BHP CEO discusses historically poor year, future plans: http://www.northernminer.com/news/bhp-ceo-discusses-historically-poor-year-future-plans/1003776523/ The geology underlying the quest for minerals on Canada’s East Coast: http://www.northernminer.com/news/geology-underlying-quest-minerals-canadas-east-coast/1003776452/ Atac eyes road access to Tiger gold deposit in the Yukon: http://www.northernminer.com/news/atac-eyes-road-access-tiger-gold-deposit-yukon/1003773987/ Music Credit: Slow Burn Kevin MacLeod (incompetech.com) Licensed under Creative Commons: By Attribution 3.0 License creativecommons.org/licenses/by/3.0/