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Can the U.S. mining sector survive without China’s rare earth processing power? In the latest episode of Digging Deep, Nicole Adshead-Bell, Director at Cupel Advisory, joins Kitco’s Senior Mining Editor and Anchor Paul Harris to break down the latest developments in the mining sector amid rising geopolitical tensions and trade wars. From Trump’s sweeping tariffs and China’s dominance in mineral processing to Barrick’s high-risk Reko Diq project and growing M&A activity, Adshead-Bell offers sharp insights on global supply chains, resource nationalism, and the bull case for gold equities. Plus, she discusses the strategic importance of rare earth elements and the critical need for smelting and refining capacity in North America. Key points: Trump’s tariffs risk escalating trade wars and disrupting global supply chains. China’s dominance in mineral processing is a major vulnerability for the West. Gold equities still undervalued despite strong gold prices; M&A is heating up. Barrick’s Reko Diq project carries major security risks despite huge upside. Revival Gold, Hot Chili, and others show strategic moves amid shifting investor focus. 00:00 Introduction: Trump's Tariffs and Trade Wars 04:06 Impact on Mining and Supply Chains 06:40 Rare Earth Elements and Global Competition 13:06 Gold Market and Economic Uncertainty 16:31 Challenges in High-Risk Mining Regions 24:37 Aggressive Moves in the Mining Sector 33:33 Water Supply Solutions for Mining #mining #gold #tariffs #commodities #rareearth Follow Paul Harris on X: @PaulHarrisGold (https://x.com/paulharrisgold) Follow Kitco Mining on X: @KitcoMining (https://x.com/kitcomining) __________________________________________________________________ Kitco Mining is dedicated to reporting on the mining industry. Our mandate is to be the top resource for all mining information and news, offering a clear perspective on where the industry is going through breaking news coverage, mining trends, and in-depth reporting, presented with precious, rare earth, base metals, and industry stock prices. Get important precious and base metal updates while on the go with the Kitco Gold LIVE! app - https://applications.kitco.com Stay connected with us X - https://x.com/KitcoMining Instagram - / kitcomining LinkedIn - / kitco-mining Facebook - / kitcomining Connect with the Kitco Mining anchors Paul Harris - https://x.com/paulharrisgold For more in-depth mining coverage, visit us here - https://www.kitco.com/mining Disclaimer: Videos are not trading advice, and the views expressed may not reflect those of Kitco Metals Inc.