Kitco Mining, Released on 4/22/26

Rick Rule, President and CEO of Rule Investment Media, joins Kitco Mining’s Digging Deep with Paul Harris to break down escalating geopolitical risk and what it means for energy, commodities, and mining. Rule says recent oil and LNG price moves tied to the Persian Gulf conflict are “anticipatory rather than reactive,” warning that markets are still pricing anticipatory shortages rather than real rationing. If supply disruptions materialize, he said, “the price impact is going to be very different than the price impact that we’ve seen,” pointing to potential sharp repricing within two or three weeks. Rule identifies uranium as a key strategic winner as countries prioritize energy security, saying “the real unsung beneficiary will be the nuclear power industry and by proxy the uranium companies.” He also argues resource nationalism and government intervention are likely to continue, with growing pressure on mining assets across key jurisdictions.

(Timestamps are below the video)

00:25 – Iran Conflict and Anticipatory Energy Price Moves
03:23 – Geopolitics, Energy Security, and Uranium Upside
06:47 – Resource Nationalism and Government Control Risks
11:40 – G Mining–G2 Goldfields $3B Guyana Merger
15:11 – Is G Mining Now a Takeover Target?
18:18 – Agnico Eagle Finland Consolidation Strategy
21:14 – Barrick M&A Challenges and Nevada Synergy Debate
24:48 – Rare Earth Supply Chain Deal and U.S. Strategy
29:22 – Rare Earth ETF Demand and Investor Access
32:07 – Seabridge Gold KSM Permitting and Legal Dispute
36:16 – Rule Symposium Preview and Market Outlook

Rick Rule, founder and chairman of Sprott Global Resource Investments Ltd., began his career in the securities business in 1974. He is a leading American retail broker specializing in mining, energy, water utilities, forest products and agriculture. His company has built a national reputation on taking advantage of global opportunities in the oil and gas, mining, alternative energy, agriculture, forestry and water industries. He is also the co-founder of Battle Bank and founder of Rule Investment Media.

  energy, investing, iran war, mining, oil, uranium