• Trump's Mining Boom: How New Policies Could Reshape the Industry – John Feneck

  • Jan 31 2025
  • Length: 32 mins
  • Podcast

Trump's Mining Boom: How New Policies Could Reshape the Industry – John Feneck

  • Summary

  • How will President Trump's policies specifically affect the mining industry, and which companies are best positioned to capitalize on these changes? In this episode of Kitco Mining's Digging Deep, John Feneck, founder and CEO of the Feneck Commodities Report, discusses the current state of the mining and commodities markets. Feneck speaks with Kitco Senior Mining Editor and Anchor Paul Harris to share his insights on how President Trump's policies are impacting the mining sector, particularly regarding critical minerals and domestic production. The discussion also covers gold's potential, the disconnect between gold prices and gold stocks, and the possibility of increased M&A activity in the mining sector. Feneck also touches on the tech market and its potential impact on the broader economy and investment landscape.

    Key Points:
    - Trump's Pro-Mining Stance: The new administration's focus on increasing domestic energy and critical mineral production through executive orders
    - Critical Mineral Focus: The importance of companies producing defense minerals like antimony and tungsten
    - Gold Market Dynamics: Despite gold prices nearing $2,800 per ounce, many gold stocks are struggling to keep pace
    - M&A Potential: With Newmont completing its mine divestiture program, there are numerous companies seeking assets
    - Importance of Communication & Planning: The need for junior mining companies to clearly communicate their business plans

    Disclaimer: The views expressed in this podcast are those of the author and may not reflect those of Kitco Metals Inc. The author has made every effort to ensure accuracy of information provided; however, neither Kitco Metals Inc. nor the author can guarantee such accuracy. This article is strictly for informational purposes only. It is not a solicitation to make any exchange in commodities, securities or other financial instruments. Kitco Metals Inc. and the author of this podcast do not accept culpability for losses and/ or damages arising from the use of this publication.

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