Alpha Minerals Inc (C:AMW) Shares Issued 20,400,561 Last Close 4/8/2013 $4.10 Alpha Minerals Inc. has entered into an agreement with Salman Partners Inc., Cormark Securities Inc. and Raymond James Ltd. pursuant to which the underwriters have agreed to underwrite the offer and sale of 1.2 million flow-through shares and 500,000 non-flow-through units of Alpha Minerals… Continue Reading

In 1973, a young woman named Margaret Thatcher announced on British TV that she doubted there would be a woman prime minister in her lifetime. Seven years later, she surprised herself and the world when she became not only the UK’s first (and only) female head of government, but also the most effective and consequential… Continue Reading

“The premise of Haywood being in any difficulty is both ludicrous and woefully uninformed.” Kevin Campbell, the well respected Haywood Securities Managing Director sounds off in the Gold Report today, defending both Canada’s junior resource industry and his firm. Here are a few key paragraphs: “The Canadian mining marketplace is not in danger of being replaced… Continue Reading

Gina Rinehart is Australia’s richest—and most controversial—billionaire. We had missed this fascinating New Yorker profile of Gina Rinehart, Australia’s wealthiest person, the second generation iron ore prospecting titan, who, along with her father, deserves much of the credit for developing the Pilbara (pronounced: Pilbra), one of the richest iron ore finds in the world, located… Continue Reading

A steady lift of supply from Australia and a moderation in demand growth from China will put pressure on the number one steelmaking input over the next three to five years, analysts say. “Prices will slump as much as 34 percent to $90 a ton by the end of December, according to the median of… Continue Reading

On a day when junior resource stocks are getting absolutely hammered, Alpha Minerals (TSXV:AMW) has announced the first official coverage of the company, by Rob Chang, Cantor Fitzgerald, with a BUY (Speculative) recommendation. At press time, shares in the Athabasca Basin focused uranium explorer were off 12.3% or 57 cents to $4.06. Considering Chang’s recommendation was at… Continue Reading

Amid the felled chief executive officers, shelved projects, tens of billions of dollars that won’t be spent and the barren lines of credit, miners are finding a reason to smile. The very excesses that put them where they are today will help to ease their pain. Equipment and talent are becoming easier to procure. Article:… Continue Reading

Of all the former employees at SAC Capital Advisors LP who have been accused of insider trading, Michael S. Steinberg was closest to Steven A. Cohen, starting as a young recruit and rising to become one of the hedge-fund founder’s most-trusted money managers. He joined SAC in 1997, three years after graduating college, and was… Continue Reading

“People were basically investing in a PowerPoint presentation,” says Ed Kuczma, an emerging-markets analyst at Van Eck Associates, which holds shares in Batista’s companies. “He’s very charismatic. I’ve seen him on roadshows and he definitely lightens up a room when he walks in…” Article: Bloomberg Businessweek

Even by the standards of China’s rough and tumble breed of entrepreneurs, billionaire Liu Han’s brushes with death mark him out. After dodging a hitman’s bullets in 1997, which led to the execution of a rival tycoon and two of his relatives almost a decade later, Liu, 47, finds himself ensnared in more killings. This… Continue Reading

Gradually, inexorably, the great Watergate fraud is unraveling. The Knights of Revelation, 40 years onward, are being exposed, in the light of analysis unclouded by cant and emotionalism, as the myth-makers they always were. Bob Woodward, unable to resist the temptation to try again and again to be at the forefront of investigative journalism, is… Continue Reading

Keir Reynolds posted the 4 year TSX-Venture Index chart on Twitter earlier, and we discussed it with the CEO Technician this evening. He told us, “Utter garbage…needs to base out and begin to show some signs of accumulation…no signs yet.” There you have it.

John Thornton was paid a staggering US$17-million in 2012, his first year with Barrick, according to a proxy circular filed by the company. That includes an US$11.9-million “special cash sign-on payment” for him to buy Barrick shares on the open market. Mr. Thornton, 59, is viewed as Mr. Munk’s likely successor, and is being treated… Continue Reading

“With the regulations and liability being forced upon the brokers, I can foresee the extinction of the independent brokers—Haywood Securities, PI Financial, Leede Financial, Jordan Capital Markets, Toll Cross Securities, Byron Capital Markets—because they’re not built to be asset gatherers. They’re not built to be in competition with the big banks. The investors who do… Continue Reading