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Podcast: Mining Stock Daily
Episode: Rick Rule: Oil Shocks, Mining Costs, and Lessons from the '73 Arab Embargo
Description: We welcome back Rick Rule for a wide-ranging discussion on the state of the resource markets. With renewed volatility in global energy markets and rising geopolitical tensions, we begin by examining the role oil prices play not only in the broader economy but also in the economics and risk profile of mining companies. Rick also offers some historical perspective, comparing today’s environment to past energy shocks like the 1973 Arab Oil Embargo, and what those moments can teach investors about real asset cycles. From there we discuss the tone coming out of PDAC 2026, the current stage of the mining ca...