Pretium Resources (PVG:TSX) – Bob Quartermain’s Pretium Resources is developing one of the highest-grade gold projects in the world. News this morning included stunning high-grade drill results from the fifth batch of underground infill drill holes. Assays included several hits over 1,000 grams per tonne – including 0.5m of 20,287 g/t gold – and Canaccord analyst Eric Zaunscherb had an interesting… Continue Reading
In September, Robert Quartermain did something highly unusual for a mining executive — he signed a streaming deal with an early exit strategy.
Turquoise Hill Resources – (TRQ:TSX) – A big deal for the mining industry, Turquoise Hill and its majority shareholder Rio Tinto this morning. Turquoise Hill and Rio Tinto have signed a US$4.4-billion project finance facility for the Oyu Tolgoi underground mine expansion in Mongolia. The project finance facility will be backed by over 20 different lenders around… Continue Reading
A look at a few mining press releases that caught my eye. Hard to find much exciting these days as the summer doldrums are in full swing. The TSX V continues to trade at 52 week lows and volume is light. Pretium Resources – (PVG:TSX) – Pretium has released the third set of drill assays… Continue Reading
A look at a few mining headlines out this morning that caught my eye with some additional comments on each. Pretium Resources (PVG:TSX) and Teuton Resources (TUO:TSXV) – The old saying in real estate is location,location, location! The same can be said in mining that the best place to look for a mine is in… Continue Reading
A look at some of my favourite news releases out this morning. Pretium Resources (PVG:TSX) – Pretium has provided an update on the Brucejack Project in northwestern British Columbia. 2015 plans for the uber high grade project have been released this morning. Pretium has a large land package of over 254,518 acres at Brucejack but the… Continue Reading
