“Eighty Thousand Ounces of Gold Production in 2027” projects Contango’s CEO Rick Van Nieuwenhuyse
About this episode
Bill Powers interviews Contango Silver and Gold CEO Rick Van Nieuwenhuyse about the company's gold production and future projections.
MSE host Bill Powers interviews Contango Silver and Gold CEO Rick Van Nieuwenhuyse for a quarterly update. Contango produced about 8,000 oz of gold in Q1 from its 30% share of the Manh Choh Mine with 2026 guidance maintained at 40,000–45,000 Au oz due to the transition from the North Pit to pre-stripping the larger South Pit; production is expected to rise through the year, with higher output projected later (including 75,000–80,000 oz in 2027) and lower costs after pre-stripping. The company reduced its hedge book to ~22,000 oz and expects to be hedge-free and debt-free by year-end, and received a $9M JV dividend with three more expected this year. They discuss gold/silver price volatility, anticipated index buying, Lucky Shot drilling and feasibility work under a direct-ship ore model, Johnson Tract permitting and site prep with a March 2028 permit timeline, and a June Kitsault Valley resource update targeting near 100M oz silver followed by ~40,000 m of drilling, alongside evaluating mill acquisition options and post-merger integration. 00:00 Intro 00:48 Q1 Production and Guidance 02:38 Hedges Debt and Dividends 03:32 Gold Price and Cash Flow Outlook 05:48 Hedging Strategy…
People in this episode
Host: Bill Powers
Guest: Rick Van Nieuwenhuyse
Topics covered
- gold production
- mining updates
- financial guidance
- hedging strategy
- resource exploration
- market volatility
Keywords
- gold production
- Contango Silver and Gold
- hedging strategy
- mining updates
- Johnson Tract
- Kitsault Valley
- market volatility
- dividends
- drilling
Mentioned in this episode
Organizations: Contango Silver and Gold
Places: Manh Choh Mine, Johnson Tract, Kitsault Valley
More episodes of Mining Stock Education
- Michael Gentile: “90% of My Net Worth is in Junior Mining Stocks & I’m Still Deploying Cash”
- "We're Testing Several High Priority Targets": 30,000m Exploration - Atomic Eagle CEO Phil Hoskins
- First Phosphate: “378% Increase in Indicated Mineral Resources” - CEO John Passalacqua
- Junior Miner Junky’s David Erfle: ‘Buy the Boredom’ in Gold Stocks (before the next leg up)
- Investors Pushback, Skill vs Luck, & Director Incentives – Junior Mining Insights with Powers & Leni
- Howard Marks’ “You Bet”: Process, Probability, & Proposition Applied to Junior Mining Speculation
Explore listener stats, chart rankings, contacts and more on the Mining Stock Education podcast page.