Via Energy and Gold.com: Not much has been talked about palladium recently, but weak supply growth and strong demand from auto-producing countries has ignited a powerful breakout in this white metal: The breakout above $820 from a 6-month base initially targets $860 followed by the August 2014 high of $913. The supply shortfall for palladium… Continue Reading
Via Energy and Gold.com: There is an interesting piece on palladium up on Bloomberg this morning entitled “Palladium is a Metal Rarer Than Gold. Now It’s Even More Rare, Thanks to Cheap Oil”. The article makes some logical points regarding global auto demand and the global palladium supply/demand dynamic. The article even includes quotes such as… Continue Reading
After the Toronto Stock Exchange rang the closing bell today, Ivanhoe Mines (IVN.TSX) announced they were resuming development work on Platreef, their 75.7 million ounce (Indicated + Inferred) platinum-gold-nickel-copper project in South Africa. The company says it has sent out formal notifications to provincial authorities and landowners to return to work. They have begun moving the required plant and… Continue Reading
Robert Friedland’s Ivanhoe Mines (IVN:TSX) and the Department of Mineral Resources (DMR) in South Africa jointly announced today that the mining right for the development and operation of the Platreef project has been finalized and work can resume immediately. Work at Platreef, which will be one of the world’s largest platinum mines, had been delayed since May… Continue Reading
While gold continues to form a bullish consolidation pattern just below resistance ($1355-$1360): Click to enlarge Another precious metal, albeit a less popular one, is shining brightly after breaking out from a 3-year symmetrical triangle last week: This breakout has all the makings of one that investors should not take lightly (volume, duration, and price… Continue Reading
SIGN UP FOR CEO.CA’S FREE LIST | MORE PHOTOS | DISCLAIMER The reality distortion field, made famous by Steve Jobs’ biographer Walter Isaacson, is a personal intensity and vision so powerful it bends people to your will, convincing them of a project’s higher purpose. Isaacson describes this capacity for influence as a notorious trait of Steve Jobs,… Continue Reading
TCR first flagged the idea of a Nelson Mandela platinum coin in early November 2013. Now, the coin idea is in the news. See: Mandela Platinum Coin A platinum coin memorializing Nelson Mandela could mesmerize Mandela fans and use 1 million ounces of the metal a year, platinum executives in South Africa estimate. Some mints… Continue Reading
The most interesting aspect of today’s nearly $20 gold rally was the fact that other metals appear to still be stuck in neutral while gold and stocks rocket higher: Click to enlarge Copper Daily Silver Daily Platinum Daily While silver has a mix of industrial and investment uses, copper and platinum are almost exclusively industrial… Continue Reading
The Matthew Hornor led Kaizen Discovery (KZD:TSXV), which is over 40%-owned by legendary resource developer Robert Friedland, has secured a $5.1 million strategic investment from ITOCHU Corp. of Japan. Matthew Hornor has deep connections in Japan and was instrumental in securing Ivanhoe Mines’ (IVN:TSX) $300 million investment by a Japanese consortium for their Platreef platinum project… Continue Reading
Nearly one month into 2014 we have decided to separate the wheat from the chaff and identify the 5 most promising charts in the junior space: Click to enlarge Alderon Iron Ore Corp. (ADV.TO) Alderon, with its partner Hebei Iron and Steel, are set to move its Kami iron ore project in Quebec’s Labrador Trough… Continue Reading
Today is the one year anniversary of making this video with my brother. I thought it would be a great opportunity to share some of my favourite mining and energy quotes, starting with one from Mr. Lowell, of course: “If there’s anything my career says about me, it’s that I’m very good at being wrong.”… Continue Reading
In the following article, we offer our forecast for 2014 including five stock picks from each of our analysts. Compare 400+ precious metals stocks with a Free 14-day Trial to Tickerscores.com. 2014 Venture Forecast The TSX-V will be a stock picker’s market in 2014. In this environment, investors should stay cautious and the focus should remain… Continue Reading
Rules of Thumb for Junior Mining Speculators —A Light at the End of the Tunnel by Brent Cook. Initially published by Streetwise Reports (The Gold Report–1/13/14) www.explorationinsights.com As we all know, for most speculators and investors the past few years in the mining and exploration sector have been disastrous. However, there are a number of fundamental trends… Continue Reading
GMP data by YCharts If GMP Securities’ business is fully integrated in the resource space, then you could reasonably expect the shares of the company to mirror the resource markets at large, especially the Canadian junior space (granted, many assumptions need to be made). GMP runs a, predominately, institutionally-focused business whereby they underwrite or advise resource companies. So their… Continue Reading
Companies in the resource business take note; bring the right deal to the table and BMO and GMP will find you the money. Hudbay Minerals (HBM:TSX) announced today that they have secured a $150 million bought deal financing being led by GMP and BMO. The financing was announced at $8.25 per share (only a small discount to… Continue Reading
