Brent Cook the author of the newsletter Exploration Insights sat down with Mark Bunting for an hour long program discussing junior mining stocks on BNN market call last night. Brent mentioned three top picks for viewers. Mariana Resources (MRRE.L) – A new exciting drill story in Turkey with a market cap of ~$20 million and $2-$3… Continue Reading
As the mining world departs the annual PDAC conference a quiet day on the news front. Here are two news releases that did catch my attention. Altius Minerals and Callinan Royalties – (ALS:TSX and CAA:TSXV) – Altius has made an offer to acquire all the shares of Callinan for for 0.163 of an Altius common share and C$0.203… Continue Reading
I don`t watch much TV at all unless it is professional sports but one of my must catch shows is the hit reality show Gold Rush on the Discovery Channel. Gold Rush is one of the most popular shows on television on Friday nights (US) the last several weeks attracting upwards of 6 million viewers.… Continue Reading
Josh Wolfson, Vice President, Senior Mining Analyst at Dundee Capital Markets did an excellent presentation at PDAC on the topic “Observations with Respect to Grade in the Gold Mining Industry”. Mr. Wolfson hit on the topics of grade trends, grade economics, as well as provided case studies on the impact of grades on valuation. The study used… Continue Reading
A red morning across the board so far in the markets as the TSX is down (-111.8 ) and the TSX V is down (-4.69). Commodities in red include gold,silver,platinum, and oil (as of press time). Oil is down ~1.5% after a large build in inventory of 10 million barrels according to the EIA. Just… Continue Reading
Rick Rule, Chairman of Sprott U.S. Holdings was interviewed live by Mark Bunting on BNN Market Call this morning at PDAC. I managed to take in some of the live filming but here is the link for those of you may have missed it. Rick Rule – Top picks on BNN Market Call PDAC 2015… Continue Reading
These are the headlines that I found interesting this morning for mining stock investors/traders. Terrax Minerals – (TXR:TSXV) – A good start to the winter drilling season for Terrax with one of the three holes released this morning intersecting 7m of 10.23 g/t gold. Terrax believes they have one of the 6 major high grade… Continue Reading
Red Eagle Mining (RD:TSXV) is set for a transformational year at the Santa Rosa project in the heart of Colombia’s gold district. The catalyst investors are waiting for is the environmental license permit. Receipt of this permit is imminent and if/when awarded will be a game changer, not only for Red Eagle, but for Colombia’s overall mining… Continue Reading
It is a wonderful thing for miners to increase production and cut costs, says private investor Olivier Tielens. Unfortunately, in today’s market, producers are not getting great prices for their gold and silver. In this interview with The Gold Report, Tielens argues that investors with positions in explorers that make discoveries realize immediate and major… Continue Reading
Here are some news releases this morning that caught my eye and a comment on each. Midway Gold – MDW.T – Midway is a Nevada based gold company with three excellent development projects. One of which Pan is expecting to commence production shortly. News today was on the Spring Valley project which is owned 75% by Barrick… Continue Reading
Athabasca Basin, Saskatchewan uranium explorer NexGen Energy (NXE.V) continues to intercept off scale uranium at the Rook 1 project. The winter drill program is well under way with 5,518.9 metres complete of the 18,000 metre program. News this morning was exciting as a new high grade zone (A3) has been discovered at their Arrow discovery. Drill hole AR-15-39… Continue Reading
Here are a few of the press releases that I feel were interesting and a comment on each. NexGen Energy – (NXE.TSXV) – NexGen has intersected more off-scale radioactivity at the Rook 1 project, in the Athabasca Basin, Saskatchewan. Angled drill hole AR-15-39 intersected 89.15m of composite mineralization including 16.75m of off scale mineralization. The… Continue Reading
A flurry of positive news releases from mining companies this morning. Here are five that caught my eye with a brief comment on each. Klondex Mines (KDX:TSX) – Klondex released updated mineral reserves at the Fire Creek Project and Midas Mine. Fire Creek has proven and probable reserves of 238,700 ounces at 1.285 ounces per ton.… Continue Reading
Glenn Mullan and Ian Ball’s Abitibi Royalties (RZZ:TSXV) has reached a deal to sell its 30% free carried interest in the Malartic CHL project to Yamana Gold and Agnico Eagle Mines. The Malartic CHL project adjoins one of Canada’s largest producing mines, the Canadian Malartic mine. Yamana and Agnico acquired Malartic for $3.9 billion in April 2014.… Continue Reading
Lucara Diamond (LUC:TSX) has been one of the better performing mining stocks over the last couple years. This morning the company held their Q4/ 2014 year end conference call, and we listened in to get the latest from CEO, William Lamb. Lucara is coming off a strong year with revenues of $265.5 million on sales of 412,136… Continue Reading
