Seabridge's KSM project has extended its development timeline by 20 years and is benefiting from rising gold, copper, and silver prices in 2024. CEO Rudi Fronk has been seeking a major mining partner for KSM for years, while late 2024 now offers the best setup for a partnership deal, maybe ever. The payback period for KSM's upfront construction cost has decreased to 3-4 years, potentially falli...
Seabridge Gold (NYSE: SA ), which specializes in the acquisition and exploration of gold, saw its shares pop 3% higher on Monday. Sentiment has been strong in recent sessions amid encouraging fundamentals for the precious metals sector.
Michael McCrae is leading Kitco's coverage of the mining sector. McCrae, who has both an MBA and CMA, knows how to build digital media properties.
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