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Aerial view of the Hayden Hill gold project in Lassen County, California. Source: Four Nines Gold Inc.Mining · Nov 4, 2026Sponsored

Why Some of the World’s Richest Gold Discoveries Share the Same Geological DNA

From ancient underground hot-water systems to multimillion-ounce gold deposits, understanding how nature concentrates gold may be just as important as knowing where to look.

Mining · Oct 28, 2026Sponsored

Before Nevada’s Silver Rush, There Was Silver Hill

Miners at Silver Hill, North Carolina, circa 1900. Davidson County Historical Society, via NC DNCR.
Mining · Nov 6, 2026

Shells and Reverse Takeovers on Canada's Venture Markets: How an RTO Works

QTs and RTOs: 28 of 59 new TSXV listings. Chart: TSX Venture new listings, January to August: Qualifying transactions 2025 14, 2026 24; Reverse takeovers 2025 3, 2026 4; IPOs 2025 1, 2026 5; CPC and SPAC IPOs 2025 4, 2026 6. Source: TMX Group MiG Report, August 2026.
Mining · Nov 4, 2026

Operating Leverage in Gold Miners: Why Earnings Move More Than Gold

Newmont's margin per ounce rose faster than gold. Chart: Newmont, Q2 2026 vs Q2 2025, % change: Realized gold price +33%; Gold AISC +18%; Margin per ounce +43.6%; Free cash flow +29%; Net income +7%. Source: Newmont Q2 2026 results; margin is price minus AISC.

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QTs and RTOs: 28 of 59 new TSXV listings. Chart: TSX Venture new listings, January to August: Qualifying transactions 2025 14, 2026 24; Reverse takeovers 2025 3, 2026 4; IPOs 2025 1, 2026 5; CPC and SPAC IPOs 2025 4, 2026 6. Source: TMX Group MiG Report, August 2026.Mining · Nov 6, 2026

Shells and Reverse Takeovers on Canada's Venture Markets: How an RTO Works

Capital pool companies, NEX shells and the reverse takeover process on TSX Venture and the CSE: definitions, halts, approvals, escrow and 2026 deal counts.

Aerial view of the Hayden Hill gold project in Lassen County, California. Source: Four Nines Gold Inc.Mining · Nov 4, 2026Sponsored

Why Some of the World’s Richest Gold Discoveries Share the Same Geological DNA

From ancient underground hot-water systems to multimillion-ounce gold deposits, understanding how nature concentrates gold may be just as important as knowing where to look.

Newmont's margin per ounce rose faster than gold. Chart: Newmont, Q2 2026 vs Q2 2025, % change: Realized gold price +33%; Gold AISC +18%; Margin per ounce +43.6%; Free cash flow +29%; Net income +7%. Source: Newmont Q2 2026 results; margin is price minus AISC.Mining · Nov 4, 2026

Operating Leverage in Gold Miners: Why Earnings Move More Than Gold

A miner's margin is gold price minus cost per ounce. Because costs lag the price, a 10% move in gold can mean a 30% move in margin, both ways.

Hard rock supplied about half of 2025 lithium output. Chart: Mine production 2025 est., tonnes lithium content: Australia (rock) 92,000; China (both) 62,000; Chile (brine) 56,000; Zimbabwe (rock) 28,000; Argentina (brine) 23,000; Canada (rock) 5,600. Source: USGS Mineral Commodity Summaries 2026.Commodities · Nov 2, 2026

Lithium Explained: Brine Versus Hard Rock and Why the Difference Matters

How lithium is produced from salt flat brines and spodumene rock, who produces what, and how cost, carbon and chemistry differ.

Loan guarantee room is far ahead of use. Chart: Deployed vs program capacity, $ billions, Deployed (RBC, Apr 2026) and Capacity not yet used: Federal, $10B Deployed (RBC, Apr 2026) 0.4, Capacity not yet used ~$0.4B; Alberta, $3B Deployed (RBC, Apr 2026) 0.749, Capacity not yet used $0.749B; Ontario, $3B Deployed (RBC, Apr 2026) 0.563, Capacity not yet used $0.563B. Source: Federal, Alberta and Ontario programs; RBC (Apr 29, 2026).Mining · Oct 30, 2026

Indigenous Equity in Canadian Resource Projects: IBAs and Loan Guarantees

How impact benefit agreements, equity stakes and federal and provincial loan guarantee programs work in Canadian resource projects, with dated deals and figures.

Miners at Silver Hill, North Carolina, circa 1900. Davidson County Historical Society, via NC DNCR.Mining · Oct 28, 2026Sponsored

Before Nevada’s Silver Rush, There Was Silver Hill

The fascinating history of America's first silver mine, the challenges that brought early operations to a halt, and why modern exploration is taking another look.

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Hard rock supplied about half of 2025 lithium output. Chart: Mine production 2025 est., tonnes lithium content: Australia (rock) 92,000; China (both) 62,000; Chile (brine) 56,000; Zimbabwe (rock) 28,000; Argentina (brine) 23,000; Canada (rock) 5,600. Source: USGS Mineral Commodity Summaries 2026.Explainer · Commodities

Lithium Explained: Brine Versus Hard Rock and Why the Difference Matters

When new shares in Canada are fully free to trade. Chart: Months until fully released, simplest case: Emerging issuer escrow (Tier 2) 36 months; Established issuer escrow (Tier 1) 18 months; Seed share restrictions 12 months; Private placement hold 4 months and a day. Source: NI 45-102; NP 46-201; TSXV Policy 5.4.Explainer · Mining

Escrow and Hold Periods on New Shares in Canada Explained

China's rare earth share rises along the chain. Chart: China's share, 2024, %: Magnet rare earth mining ~60%; Refined output 91%; Sintered permanent magnets 94%. Source: International Energy Agency.Explainer · Commodities

Rare Earth Elements Explained: Where They Come From and Why AI Needs Them

Holding a BC claim costs more every two years. Chart: Annual requirement, C$ per hectare: Years 1 and 2 Work required $5, Cash in lieu $10; Years 3 and 4 Work required $10, Cash in lieu $20; Years 5 and 6 Work required $15, Cash in lieu $30; Year 7 onward Work required $20, Cash in lieu $40. Source: Province of British Columbia, Mineral Titles fees.Explainer · Mining

How Mineral Claims Work in Canada: Staking in BC, Ontario and Quebec

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Paydirt Capital is published by Apollo Shareholder Relations for informational purposes only and is not investment advice. Apollo provides paid investor relations services and may be compensated in cash or securities by companies in the sectors discussed. Read the full disclosures.