Kitco Mining Interviews

Blackwater to Be 'Gold Water' for Artemis Gold

Kitco News

Artemis Gold has officially entered commercial production at its massive Blackwater Mine in British Columbia – on time and on budget. CEO Steven Dean joins Kitco’s Senior Mining Editor and Anchor Paul Harris to discuss the significance of this milestone, the path to becoming one of Canada’s largest gold producers, and how Artemis plans to ramp up production, exploration, and shareholder value without issuing new equity. Dean also outlines refinancing plans, long-term growth strategy, and how Artemis could soon rival some of the top-tier gold miners.

Key points:
- Blackwater Mine now in commercial production with industry-leading low AISC
- 2025 production guidance: 160–200k oz with costs as low as $670/oz
- Potential expansion to 500k+ oz/year in Phase 2
- Company plans to self-fund growth from cash flow – no equity dilution
- Exploration around Blackwater and higher gold price pit optimization could add millions of ounces

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.