One thing is for sure the junior mining market continues to struggle as we have had four consecutive down years on the TSX Venture (2011-2014) and 2015 is not off to a promising start. Legendary mining financier and company builder Ross Beaty has been one of the few who is actively putting money to work and… Continue Reading
A few of my favourite news releases out this morning and what I think about them. All commodities are in the red in early trading except for natural gas. Red Eagle Mining – (RD:TSXV) – After the big news of announcing the receipt of the environmental permit last week Red Eagle has more news out… Continue Reading
A few more news releases that caught my eye today and some comments on each. Teranga Gold – (TGZ:TSX) – Teranga had positive news this morning that they have successfully received an environmental license for the high grade Gora satellite deposit. The deposit sits ~25 km from the current mill and construction on a road… Continue Reading
Here are a look at my favourite news releases from this morning with some thoughts on each. I will do another post on some more news releases later today. Mart Resources (MMT:TSX) – Mart announced this morning that the deal previously announced with Midwestern is now a definitive arrangement. Each Mart shareholder will receive 80… Continue Reading
Having just returned from a site tour of the company’s flagship Contact copper project in Nevada, CopperBank Resources Corp (CBK:CSE) Executive Chairman Gianni Kovacevic (pictured) is optimistic for project optimization and exploration possibilities, and has been aggressively buying shares in his company in the open market. The Contact project is located on the Idaho border in northeast Nevada… Continue Reading
A quiet morning so far on the news front. Just one story I have found interesting to investors this morning so far that being Nevsun Resources. Oil is below $46 off 2.5% this morning as the IEA says that oil supply is building and that the US oil production has yet to see any signs… Continue Reading
Some more interesting news that I thought I would bring to your attention today. Lake Shore Gold – (LSG.TSX) – One of my favourite small junior gold producers to follow is Lake Shore Gold simply because they are generating free cash flow even at current gold prices. So many gold companies in the last few years… Continue Reading
Here are a couple stories that caught my eye this morning and some thoughts on each news release. Reservoir Minerals – (RMC:TSXV) – A corporate update this morning from Reservoir and their partner Freeport-McMoRan on the Timok project in Serbia. A 2015 budget of $18.7 million will be used to move project forward towards the completion… Continue Reading
Arguably the most exciting gold discovery of 2015 belongs London listed Mariana Resources (MARL:AIM) and their joint venture partner Lidya, at the Hot Maden project in Eastern Turkey. The story began attracting attention in early February. Drill hole HTD‐04 intersected 103m @ 9.0 g/t Au and 2.2% Cu from 25m, an exceptional hole. 6 days latter if investors were not awake… Continue Reading
Here are my favourite news releases this morning and my comments. Kirkland Lake Gold – (KGI:TSX) – Financial results are out for the third quarter of 2015 (Kirkland uses a different year end then most companies). The results are for the 3 month period ending January 2015. An excellent quarter for Kirkland earning a net… Continue Reading
Several interesting mining news releases today. Here are a couple of the ones that caught my eye and some of my own comments. B2Gold (BTO:TSX) – B2Gold has achieved commercial production ahead of schedule at its newest mine Otjikoto in Nambia. The mine is expected to between 140,000-150,000 ounces at an all in sustaining cash cost… Continue Reading
Some weeks ago word began spreading that Apple would be releasing a gold edition of their much anticipated wearable wrist computer, the Apple Watch. A few very ambitious article speculated that Apple on its own would purchase 1/3 rd of the world’s gold supply for production of the luxury version of the new timepiece. It… Continue Reading
A couple of the news releases that caught my eye this morning in the resource world and a brief comment on each. Banks Island Gold (BOZ:TSXV) – Banks Island has decided to sell 100% of the silver production from the Yellow Giant project moving forward to SilverStream for $250,000. SilverStream (a private company) will still be… Continue Reading
Kitco news hosted by Alex Letourneau recently filmed a 20 minute segment of ‘At the Bar’ in Toronto with CEO.ca founder Tommy Humphreys, Exploration Insights Brent Cook, and Keith Neumeyer CEO First Majestic Silver. The group discuss profits in the mining sector costs, the quality of gold deposits, under investment in exploration, have mining companies/investors learned any… Continue Reading
A tough day for commodity stocks so far with gold,silver,platinum,copper,and oil all down well over 1% in early trading this morning. The US added 295,000 jobs in February beating consensus and driving the USD higher sending commodity prices lower. The US dollar was also at a 12 year high against the Euro after the strong jobs report.… Continue Reading
