Is Nevada still a prime location for gold mining? Kitco’s Senior Mining Editor and Anchor Paul Harris interviews Kelly Malcolm, the CEO of Borealis Mining at the 2025 Mines Money Conference in Miami about gold mining in the USA. Borealis Mining went public in August 2024 and is already seeing the positive effects of rising gold prices. Kelly discusses the company's strategy of acquiring undervalued assets like Gold Bull resources and consolidating them into a larger, more financeable entity. Borealis is focused on resuming production at its permitted mine and aims to become a mid-tier miner in Nevada.

Key Points:
- Borealis Mining: An emerging gold producer in Nevada
- Aims to consolidate under-appreciated assets
- Resuming production at a fully permitted mine
- Targeting 100-150,000 ounces per annum

Special thanks to our sponsor, Goldshore Resources, for making this coverage possible. Visit https://goldshoreresources.com/ to learn more.

00:00 Introduction: Borealis Mining’s IPO
00:53 Challenges and Successes in Fundraising
02:14 Youthful Optimism in the Mining Industry
03:15 Building a Strong Board
03:49 Investor Reception and Business Strategy
06:53 Impact of U.S. Policies on Mining
09:33 Borealis Mining's Future Plans

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Disclaimer: The views expressed in this podcast are those of the author and may not reflect those of Kitco Metals Inc. The author has made every effort to ensure accuracy of information provided; however, neither Kitco Metals Inc. nor the author can guarantee such accuracy. This article is strictly for informational purposes only. It is not a solicitation to make any exchange in commodities, securities or other financial instruments. Kitco Metals Inc. and the author of this podcast do not accept culpability for losses and/ or damages arising from the use of this publication.

Gold Mining in the USA: Borealis Mining's Plan for Expansion

Kitco MINING

Gold Mining in the USA: Borealis Mining's Plan for Expansion