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- Magna Mining CEO Jason Jessup joins Mining Stock Daily to discuss the company's decision to restart the Levack Mine in Sudbury, following the release of a preliminary economic assessment outlining approximately $70 million in initial capital, a 0.6-year payback and commercial production targeted for mid-2028. Jessup explains how existing third-party processing infrastructure and pre-production revenues help keep funding requirements low, while the high-grade R2 zone offers potential upside beyond the current mine plan. The conversation also covers the upcoming Crean Hill prefeasibility study, hiring and construction plans, and Magna's strategy to generate cash flow from copper, nickel and precious metals operations.
Morning Briefing: Magna Mining Publish Levack PEA and Give Approval for Restart
08/10/2026 | 10 mins.Magna Mining has released a Preliminary Economic Assessment for the restart of the Levack Mine in the Sudbury Basin of Ontario, and its Board of Directors has formally approved the restart plan. We have new drill results from Arras Minerals and Hot Chili. MSD also reports the latest updates from K2 Gold and Alaska Silver.
This episode of Mining Stock Daily is brought to you by...
Revival Gold
Vizsla Silver
Equinox Gold
Integra Resources - Brian Bosse, CEO of Cupani Metals, outlines the company’s effort to unlock a large copper-nickel-PGE system at its Blue Lake project near Schefferville, Quebec. He explains how Cupani consolidated a long-fragmented land package around historical mineralization and is applying a new geological model inspired by Glencore’s Raglan mine. Recent drilling extended the targeted system roughly 1.4 kilometres beyond known mineralization, including a shallow 2.9-metre massive-sulphide interval grading 1.7% copper equivalent. Bosse discusses pending assays, the potential value of historic drilling, and options for Cupani’s 2027 exploration strategy.
- Argenta Silver CEO Joaquin Marias joins Mining Stock Daily to discuss new drill results from the El Quevar Project, including nearly 1,600 g/t silver over four metres from expansion drilling beyond the current resource. Marias also discusses the emerging gold-copper mineralization beneath the shallow silver system at Yaxtché and Carmen, where the geological transition is encouraging the team to drill deeper. Argenta now has a third rig testing the Manny target, where surface samples have returned exceptionally high-grade silver, as the company works toward an updated mineral resource expected in early 2027.
- Altius Minerals has made an unsolicited non-binding acquisition proposal to buy all of the common shares of TNR Gold that it does not already own. We have new drill results to report from Founders Metals, Osisko Metals, Awale Resources and Revival Gold.
This episode of Mining Stock Daily is brought to you by...
Revival Gold
Vizsla Silver
Equinox Gold
Integra Resources
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About Mining Stock Daily
Mining Stock Daily is a brief overview of finance and resource exploration news from the world's mining and metals sector. Mining Stock Daily is a quick overview of the day's most important sector information for both precious and base metals, including market trends and analysis.
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