People-projects-capital are the three pillars of the mining business, according to Teck Resources founder Norman Bell Keevil. The formula is a simple but effective high-level filter to identify promising early-stage mining opportunities. I was reminded of the formula with the emergence of Brian Paes-Braga as the CEO of Royce Resources, a new lithium exploration play.… Continue Reading
RENO, Nevada — Mac Jackson is Gold Standard Venture’s exploration chief. Like the Nevada prospector’s CEO, he and his co-workers are youngish — late 30s, early 40s. I imagine most of them were not born when the Carlin Trend “became” a gold trend in Nevada sometime in the 1960s. Gold Standard Ventures’ latest reverse-circulation drill… Continue Reading
What happens if the United States prints 18 trillion new dollars and pays off its debt overnight? My belief, which I think is widely shared, is that no one expects the U.S. to pay back its debts – so in reality we have already defaulted. Why not just go one step further and issue the… Continue Reading
Via Energy and Gold.com: The chart of 30-year fixed mortgage rates dating back to the early ’70s is a sight to behold: For the last several years American borrowers have been blessed with the good fortune of historically low Treasury Bond yields which have in turn translated into historically low 30-year fixed mortgage rates (a… Continue Reading
A standout among three of the best Alaska and Yukon gold juniors today. Also, a picnic. Last month I had the opportunity to attend an analyst’s tour in Alaska and the Yukon on behalf of CEO.ca / Resource Opportunities where we checked out three of the North’s most interesting projects, run by three different companies. Each… Continue Reading
We just completed an eventful week across global financial markets which included among other things: More all-time highs for US large cap equity indices (Dow, Nasdaq-100, S&P) An unprecedented ECB decision to impose negative deposit rates and enact a targeted 4-year LTRO The May US non-farm payrolls report continued to show a steady pace of improvement… Continue Reading
Source: Tabasco: Fighting bland food since 1868 | 60 Minutes
> Try Tickerscores free for 14 days The North is interesting from a mining exploration perspective in several ways. First, because it is vast and unexplored, the potential for finding a mega discovery is certainly a possibility. It is no secret that millions of ounces of placer gold have been mined in the Yukon since the… Continue Reading
Dave Lowell’s Lowell Copper announced an option to earn up to 70% in the TC property in the Hillsboro – Bisbee mineral trend in New Mexico from Rose Petroleum PLC and a subsidiary. The deal appears to have been structured in a way that allows Lowell Copper to back out if results aren’t promising. The… Continue Reading
Bitterroot Resources Ltd. (BTT, TSX-V) has closed a non-brokered private placement of 5,200,000 units priced at C$0.05 in a non-brokered private placement for gross proceeds of C$260,000. Each unit consists of one common share and one common share purchase warrant which is exercisable at C$0.10 until March 4, 2015. The common shares, plus any common… Continue Reading
NCQ data by YCharts NCQ:TSX | 53,527,862 Shares O/S (basic) | $80,827,000 Market Cap | $1.45 – $2.20 Year Range | $1.50 Last Trade (halted) NovaCopper Inc which is developing the large, high-grade polymetallic Upper Kobuk Mineral Projects in Alaska, announced after market today that it would raise $20 million of which $10 would be allocated to three strategic investors… Continue Reading
THE CALANDRA REPORT: Subscribe $91 yearly SAN FRANCISCO — I promised more from J. Kristina Walcott, the 44-year-old mine developer who has been running Alaska operator Freegold Ventures since September 2009. Freegold (FVL in Canada and FGOVF in USA) this week got a 4-cent nudge, mostly from a Germany mailer to individual investors in that country.… Continue Reading
The M&A markets in the resource sector have been hot so far this year with Goldcorp’s hostile bid for Osisko holding the top spot. This morning, the Toronto-based private equity firm, Waterton Global Resource Management announced it has made a hostile bid for all of the shares of Chaparral Gold (CHL:TSXV) for $0.50 per share… Continue Reading
Recently, we had the pleasure of sitting down with two of exploration geology’s brightest young stars; Dr. Alan Wainwright and Daniel MacNeil. Dr. Wainwright (Chief Geologist) and Mr. MacNeil (Project Acquisition and Development) allowed us to visit them in the humble Vancouver offices of their current venture, Desert Star Resources (DSR:TSXV). Mr. MacNeil has over… Continue Reading
Vista Gold is currently working on progressing the environmental permitting of their Mt Todd project in Northern Australia. The company burns roughly $1 million per month and was sitting on just over $4 million in cash as of September 30, 2013. It seems, the company has evaluated its options for raising funding to continue the development… Continue Reading
