Mike Kozak
Mike Kozak is a metals and mining analyst at Cantor Fitzgerald. Prior to that he was an analyst at Cormark Securities. He has also served as a mining engineer at Barrick Gold and several other mining companies.
Recent Articles
US Puts Antimony Asset in Idaho on Priority List 04/23/2025
This bodes well for Perpetua Resources Corp. (PPTA:TSX.V; PPTA;NASDAQ) having already received the final Record of Decision and potentially getting financed through the Export-Import Bank of the United States. Read on to learn why analysts like this junior miner.
New Trump Order Could Help Antimony-Gold Co. 03/25/2025
The directive requires specific tasks be done to facilitate greater U.S. production of critical minerals, noted a Cantor Fitzgerald report.
Co.'s $100M Financing Draws Strategic Partner 02/28/2025
This is "highly encouraging" given this Canadian mining firm seeks a joint venture partner on its feasibility-stage project, noted a Cantor Fitzgerald report.
US Approves Co.'s Plan For Antimony Mine in Idaho 01/13/2025
This comes in the form of a Final Record of Decision from the U.S. Forest Service after eight years of work put toward this crucial derisking event, noted a Cantor Fitzgerald report.
Antimony Co. Making Progress on Partnerships 12/12/2024
Perpetua Resources Corp. (PPTA:TSX; PPTA:NASDAQ) is reportedly lining up domestic partners, according to a Cantor Fitzgerald research note.
Gold Co.'s Focus Remains on Finding a Partner, Analyst Says 11/26/2024
Cantor Fitzgerald hosts Seabridge Gold Inc. (SEA:TSX; SA:NYSE.MKT) for a one-day institutional marketing non-deal roadshow in New York. The company says its focus remains on finding a JV partner for its massive KSM project in British Columbia.
Critical Milestone Achieved for US Antimony Mine 09/10/2024
With the U.S. Forest Service's authorization of the mine plan for this "highly strategic asset," the federal permitting process for the project could be done by year-end, noted a Cantor Fitzgerald report.
Gold Co. Achieves Major Project Derisking Milestone 07/29/2024
Now the explorer is ready to "secure a large-cap joint venture partner on attractive terms," noted a Cantor Fitzgerald report.
Co. Behind Idaho Au-Sb Asset Awarded US$34.6M by DOD 02/16/2024
This capital should fully fund the project through federal permitting, noted a Cantor Fitzgerald report.
New Conception of Gold Project More Profitable 01/19/2024
A new prefeasibility study proposes an operation that is smaller but with better economics than the one outlined in 2012, noted a Cantor Fitzgerald report.
Dates of Permitting Idaho Mine Pushed Back 01/05/2024
The delay by the U.S. Forest Service is minor, but the mining company will likely have to secure additional funds to see the process to completion, noted a Cantor Fitzgerald report.
Gold Co. Identifies Porphyry Target at Project in B.C. 12/15/2023
Early drill data show the presence of gold mineralization at this explorer's second asset, noted a Cantor Fitzgerald research report.
New US$150 Million Deal Will Support Gold Co. In Achieving Project Designation Well Before Due Date 05/12/2023
The US$150 million Seabridge Gold Inc. will receive from this deal will be used to finish physical work at the site that Kozak expects "will support Seabridge achieving the "substantially started" project designation well before the July 2026 date required by the B.C. government to keep its Environmental Assessment Certificate (EAC) valid for the life of the project," noted a May 12, Cantor Fitzgerald report.
Recent Quotes
"It is highly encouraging to see strategic investor interest in SEA."
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Mike Kozak, Cantor Fitzgerald
(2/20/25)
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"PPTA's [recent] financial update is an important derisking event."
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Mike Kozak, Cantor Fitzgerald
(2/14/25)
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"The ROD is the most important derisking milestone in PPTA's history."
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Mike Kozak, Cantor Fitzgerald
(1/6/25)
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"PPTA potentially created an all-American antimony supply chain."
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Mike Kozak, Cantor Fitzgerald
(12/9/24)
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"SEA expects to complete a JV partnership on KSM in the near term."
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Mike Kozak, Cantor Fitzgerald
(11/21/24)
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"The USFS will be issuing a DROD authorizing PPTA's Stibnite project."
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Mike Kozak, Cantor Fitzgerald
(9/5/24)
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"PPTA's Stibnite project is the largest antimony reserve in the U.S."
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Mike Kozak, Cantor Fitzgerald
(8/22/24)
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"SEA received the 'substantially started' designation for KSM."
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Mike Kozak, Cantor Fitzgerald
(7/26/24)
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"SEA is actively looking for a large-tier miner to partner with KSM."
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Mike Kozak, Cantor Fitzgerald
(6/13/24)
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"SEA offers among the highest torque to underlying gold prices."
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Mike Kozak, Cantor Fitzgerald
(4/29/24)
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"PPTA is in an enviable position among gold developers."
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Mike Kozak, Cantor Fitzgerald
(4/25/24)
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"PPTA sold a royalty on all future silver production from Stibnite."
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Mike Kozak, Cantor Fitzgerald
(3/22/24)
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"PPTA's Stibnite is now fully funded through federal permitting."
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Mike Kozak, Cantor Fitzgerald
(2/12/24)
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"SEA updated the MREs at the Kerr and Iron Cap deposits at KSM."
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Mike Kozak, Cantor Fitzgerald
(2/5/24)
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"The PFS on SEA's Courageous Lake returned a $523M NPV5% and 21% IRR."
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Mike Kozak, Cantor Fitzgerald
(1/16/24)
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"PPTA appointed Andrew Cole to its board of directors."
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Mike Kozak, Cantor Fitzgerald
(1/2/24)
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"SEA discovered a new porphyry target at Snip North, part of Iskut."
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Mike Kozak, Cantor Fitzgerald
(12/14/23)
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"PPTA is guiding to the FEIS and DROD at Stibnite in December 2023."
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Mike Kozak, Cantor Fitzgerald
(8/21/23)
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"SEA's 1.2% NSR royalty sale removes a significant financing overhang."
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Mike Kozak, Cantor Fitzgerald
(5/12/23)
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