Mining Stock Education · Tuesday, September 15, 2026
Joe Mazumdar explains the significant impact of the Nevada Gold Mines joint venture, particularly on profitability and resource grades. Sharing infrastructure, like processing facilities, is key to this benefit. Removing tolling arrangements has demonstrably improved the economics of certain resources.
“And those facilities take a long time to permit, require a lot of capital.”
“And if you can share those facilities, um, you know, and not toll mill, you can make a lot of money.”
“And taking out that toll, just, you know, made that resource all the more profitable, but also lowered the cutoff grade.”