A look at a few of the mining headlines out this morning with additional comments. Balmoral Resources – (BAR:TSX) – Balmoral has released the final drill results from the 2015 winter drill program at the Bug Lake trend project on the Martiniere project in Quebec. Drill intercepts continue to hit high grade gold highlighted by intercepts… 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
A look at some interesting headlines out this morning with some additional thoughts. Columbus Gold – (CGT:TSXV) – Columbus Gold is expected to start drilling at the Eastside project in Nevada within the week. This will be one of the biggest drilling programs this year by any junior mining company. All bonds and permits have been… Continue Reading
With the gold price down to $1170 per ounce this morning with positive job numbers out of the United States. I decided this morning to take a quick look at 5 gold producers who are making money at the current gold price. For my quick analysis I looked at the Q1 results of each company… Continue Reading
Kaminak Gold – (KAM:TSX) – Kaminak has released drill results from the Kona North and Dolce areas of the Coffee gold project in the Yukon. Kona North is 1km north of the Kona deposit while Dolce is 1.1 km south. The Kona deposit is small and contributed ~26,000 recoverable oxide gold ounces to the Coffee… Continue Reading
Not many exciting press releases out this morning but the following did catch my eye. Torex Gold – (TXG:TO) – Torex’s construction at the large El Limon mine in Mexico is now two-thirds complete. The project remains on schedule for first pour in the fourth quarter of this year. Torex also drew down $50 million… Continue Reading
A look some of the press releases catching my eye this morning. Bear Creek Mining – (BCM:TSXV) – Bear Creek has released an updated feasibility study on the Corani deposit in Southern Peru. Corani is one of the worlds largest silver-zinc-lead deposits and was discovered in 2006. Bear Creek states that the area is mining… Continue Reading
A look at some of the mining headlines crossing the wires this morning with some additional thoughts. Zenyatta Ventures – (ZEN:TSXV) – Zenyatta is out with the much anticipated PEA on the Albany hydrothermal graphite project in Northern Ontario, Canada. The PEA has returned results of a base case after-tax Net Present Value at a 10% discount… Continue Reading
I had the privilege of attending the Metals Investor Forum 2015 held in Vancouver, BC on Saturday May 30th. The event was well attended with ~350 people. Attendees included retail investors, brokers, company executives, mining engineers, investor relations, accountants, and the odd analyst (blogger). The conference was put on by the four mining newsletter… Continue Reading
A look at few of my top headlines from this morning with some additional comments. BitGold – (XAU:TSXV) – BitGold has announced a $18.2 million dollar bought deal at $3.65 per share. A syndicate of underwrites led by GMP Securities and including Clarus Securities,Canaccord Genuity, and Dundee Securities Ltd has agreed to purchase the 5 million… Continue Reading
A look at some of the top mining stories out this morning and some additional comments on each. Ivanhoe Mines – (IVN:TSX) – Ivanhoe hosted a conference call this morning discussing the transaction announced with Zijin Mining. Ivanhoe and Zjin struck an agreement on Tuesday (May 28th) where Zijin would acquire a 49.5% stake in… Continue Reading
A look at some news releases this morning that caught my eye. Guyana Goldfields – (GUY:TSX) – Guyana Goldfields will be one of the next gold producers worldwide. This mornings press release has announced that mill testing has started at the Aurora gold project in Guyana. Initial production is expected in mid 2015. Project construction… Continue Reading
A look at some of the news out today in the mining world with a few additional comments on each. Mariana Resources (MARL:AIM) – Mariana is out with an update on the Hot Maden prospect in Eastern Turkey. Mariana so far in my opinion is the exploration story of 2015 after hitting two monster drill… Continue Reading
A quieter day expected on the news front today as the US market is closed for the memorial day holiday. I did find a couple interesting news stories with my comments below. Barrick Gold – (ABX:TSX) – Barrick will be selling the Cowall Mine in Australia to Evolution Mining for $550 million US. Barrick will… Continue Reading
BitGold – (XAU:TSXV) – Bitgold Inc., the savings and payments platform for gold that has taken Canada’s capital markets by storm this past week, is out with news this morning that they will acquire GoldMoney for 11.16M shares. The transaction is initially valued at $51.9 million CAD based on the $4.65 closing price on May 21st. GoldMoney… Continue Reading
