At the Precious Metals Summit Zurich 2026, Commodity TV talks with Darren Blasutti, CEO of Mining Americas (TSX: MAI, OTCQX: MAIFF), formerly Minera Alamos, about building a U.S.-focused intermediate gold producer.
Topics:
Pan Mine, Nevada: in production since the acquisition from Equinox Gold, with 2026 guidance of 32–38 koz and an expected 34–36 koz
Copperstone, Arizona: a permitted underground mine that was about 70% built before construction started; around 50 koz per year for about $55–60M, with first production targeted for H2 2027
Gold Rock, Nevada: a satellite pit about 11 miles from Pan; about $20M to reach 35–40 koz per year
Cerro de Oro, Mexico: a newly permitted greenfield open pit, planned for construction in 2028, with a resource that could grow from about 800 koz to 1.4–1.5 Moz
Growth: three mines for about $115M in total capital, rising to around 180 koz per year and roughly five times today's production
Funding: cash on hand, a revolving credit facility with Scotiabank and National Bank, and cash flow from Pan
Catalysts: a Gold Rock study and construction decision, a maiden open-pit resource at Copperstone, and a Cerro de Oro PFS in 2027
Interview: Marc, Commodity TV
#MiningAmericas #Gold #Nevada #Arizona #Mexico #GoldMining #PreciousMetalsSummit #CommodityTV
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