From 1924 until 1993, the Prince Leopold (Kipushi) Mine close to D.R. Congo mining capital, Lubumbashi, was the richest copper, zinc, and germanium mine in the world, producing 6.6 million tonnes of zinc, 4 million tonnes of copper, and 278 tonnes of germanium from 60 tonnes of material grading 11% zinc and 7% copper. Kipushi… Continue Reading
A new uranium exploration junior is about to start trading, and the CEO has a lot of experience with exploration promotions. The company is Westham Resources Corp, about to be renamed Roughrider Exploration Limited, which has an option to earn up to an 85% interest in in Kivalliq’s “Genesis” uranium project in Saskatchewan’s Athacasca Basin, not far… Continue Reading
A couple of years ago I did an interview with junior mining analyst Brent Cook, and I asked him to name a few under the radar geologists to follow. One of his suggestions was a man by the name of Rob McLeod, born in Stewart, BC, and now a resident of North Vancouver. “Rob McLeod… Continue Reading
You are about to witness the weirdest promotional material ever created in the history of the investment advisory business. Meet Vancouver, Canada investment advisor Andrew Johns of Raymond James, also known as the Wolf of West Georgia Street: Johns specializes in cash management for public companies with over $1 billion in assets under management. At the conclusion of the… Continue Reading
From Peter Brown: June 30th is my last day at Canaccord Genuity which began 46 years ago on February 2, 1968 with the purchase of 50% of an insignificant firm for $23,000. The Firm’s first trade was the purchase of 1000 shares of Casino Silver (which now belongs to Teck) at $0.78. I still have… Continue Reading
The Athabasca Basin in Northern Saskatchewan, Canada is the most productive uranium producing region in the world, known for its extremely high grade deposits. The latest discovery story to emerge from the Basin is NexGen Energy, which discovered uranium mineralization at their Rook 1 property earlier this year. This morning, NexGen announced initial results from their summer… Continue Reading
One of the youngest and most dynamic executives in the mining industry today is Nolan Watson, 34, founder and CEO of Sandstorm Gold (TSX:SSL, NYSE: SAND), a publicly traded streaming company with an approximate $860 million market capitalization. Earlier this week Sandstorm added Marry Little to its board of directors. Ms. Little is the founder… Continue Reading
Once upon a time, some old perv told me to “choose who chooses you” with regards to dating. Don’t waste your time trying to convince the unconvincable, lower your standards slightly and focus on warm leads only, he told me. This was pretty mind blowing advice for a lonely young man, and I have since found… Continue Reading
Arizona copper explorer Desert Star Resources has three early stage projects in the most productive copper producing region in the US, the Globe Miami district. At the Red Top project the company announced results of a geophysical survey today that show a 1400 meter long anomaly which have helped Desert Star to identify a high priority… Continue Reading
Veteran Canadian venture stock cynic, analyst and promoter John Kaiser of Kaiser Research has published a free report with his take on the current junior resource sector bear market. Kaiser begins with the dire financial straits of many Canadian juniors, 700 of which have negative working capital. Kaiser believes these companies will end up converting… Continue Reading
Miningmx has an exclusive interview with Mick Davis, the dynamic founder of Xstrata, which he built into the world’s fourth largest diversified miner through a series of M&A transactions over the past decade. Since merging his firm with Glencore, and subsequently being forced out of the combined company, Davis has launched X2 Resources, and raised nearly $4… Continue Reading
“A miners’ legend has it that Satan lives in gold mines.” The New Yorker is out with an incredible long form survival story. In 2010, 33 workers at the San José Mine in Chile’s Atacama desert were trapped 2000 feet below the surface for 69 days with barely enough food to keep them alive, and only oil tainted… Continue Reading
Vancouver’s Aquilini family have built one of the most substantial business empires in Canada from scratch, starting from humble beginnings in a $4 a month bathroom-less rental home in 1953. At the time, family patriarch Luigi bathed in a river. Fast forward sixty years and the Aquilini family now control a multi-billion real estate empire, not to mention… Continue Reading
TD Securities energy analyst Jamie Somerville in Calgary raised his price target on Petroamerica Oil Corp to $0.60 this morning from $0.55, citing its relative valuation (particularly on EV/DACF), high netbacks, potential for free cash flow generation, and several high-impact exploration wells planned for the next 6–9 months. Shares in Petroamerica last traded at $0.35… Continue Reading
“Executive with a knack for finding funding adds ‘gold mine builder’ to his resume” James Kwantes of Vancouver Sun is easily one of the best junior mining writers. He has a knack for narrative and finding high quality stories to write about, as is the case with the Mark O’Dea profile published Tuesday evening. Here’s the… Continue Reading
