Sometimes we get so wrapped up in our own hopes and dreams we have to be reminded that others have them too. And no matter what they are, they can be just as fierce about achieving them. This was brought home to me last week, when I was invited to give a speech to a… Continue Reading
Canadian mining legend Ross Beaty, who founded Pan American Silver and the Lumina Copper Franchise, and made fortunes during the last decade’s resource bull market, is quietly making moves in the junior mining sector again. Earlier today Magellan Minerals announced a deal to sell to Ross its Pocone gold belt exploration projects in Western Brazil… Continue Reading
Robert Friedland’s Ivanhoe Mines has commenced drilling underground at the historic Kipushi Mine in the D.R. Congo some 1225 meters below surface and less than 1 kilometer from the Zambia border. Kipushi was one of the world’s richest copper, zinc, germanium and precious metals mines from 1924 until 1993; it was flooded in 2011. Ivanhoe… Continue Reading
The $65 million market cap Petronova announced a farm-in deal with Pacific Rubiales that will see the tiny oil explorer carried for 4 wells in the largest untested prospect in Colombia, potentially worth as much as $4 billion (40% to Petronova), with drilling starting in this year’s second half. Plus: Petromanas, Petroamerica, Canacol and frontiers… Continue Reading
Congrats are in order to supporters of Vancouver, Canada-based online optical pioneer Coastal Contacts, which announced a friendly sale to France’s Essilor International Thursday for $435 million or $12.45 per share. See: Globe and Mail, Bloomberg and Vancouver Sun coverage. Essilor gains five million customers and a system for providing eye ware consumers with custom glasses… Continue Reading
Robert Friedland’s Ivanhoe Mines has just shared a photo album documenting progression at the company’s three Africa projects: · The Kamoa copper discovery in a previously unknown extension of the Central African Copperbelt in the DRC’s Province of Katanga. · The Platreef Discovery of platinum-group elements, nickel, copper and gold on the Northern Limb of… Continue Reading
The Toronto Stock Exchange will have a new diversified uranium play if a proposed combination of publicly traded Powertech Uranium (TSX:PWE) and privately held Azarga Resources goes to plan, forming Azarga Uranium Corp. Powertech is currently advancing the Dewey Burdock ISR Uranium project in South Dakota, and Azarga is Powertech’s largest shareholder, with 45%. Following… Continue Reading
Warwick Smith resigned as CEO and director of Western Pacific Resources (TSXV:WRP) yesterday after a banner year of accomplishments with the company in 2013. Mr. Smith co-founded Western Pacific in 2009, not long before junior mining markets took a turn for the worse in 2011. Smith was resolved to make something out of Western Pacific… Continue Reading
This morning NexGen Energy Ltd. (TSXV:NXE) announced completion of the first hole at the Arrow prospect, RK-14-21, to 663 meters depth. This was the same hole that caught the market’s attention last week for intercepting what is believed to be uranium mineralization (assays pending) between 207.8 and 231 meters. Today’s news suggests an additional three… Continue Reading
In the mining sector, there’s an investment conference somewhere on earth every day of the year. Well, it’s time for the 2014 BMO Metals & Mining Conference. BMO’s event is considered the best attended and most productive institutional focused event of the year by the CEO’s we’ve interviewed. Kitco.com’s dynamic lead journalist Daniela Cambone is… Continue Reading
I highly recommend readers who will be in Toronto this weekend to check out an exclusive and boutique investment conference happening at the Downtown Toronto Hilton on Richmond Street West this Saturday March 1, 2014, the day before the PDAC convention begins. The 2014 Subscribers Investment Summit is hosted by three of the junior resource sector’s most… Continue Reading
NexGen Energy (TSXV:NXE) announced a potential uranium discovery in the SW Athabasca Basin region of Northern Saskatchewan yesterday. Visible uranium was seen in the first hole drilled into the Arrow target at the Western side of NexGen’s Rook 1 project, which caused shares in the junior explorer to rise over 90% Wednesday. “There’s an element of luck,”… Continue Reading
Anticipation is building to find out what’s going on with NexGen Energy (TSXV:NXE). The company’s shares were halted before the opening bell this morning, and remain halted at press time (11:11amPST). NexGen is currently one month into a drill program at their Rook 1 project in Saskatchewan’s SW Athabasca Basin, a property which is adjacent… Continue Reading
SIGN UP FOR CEO.CA’S FREE LIST | MORE PHOTOS | DISCLAIMER The reality distortion field, made famous by Steve Jobs’ biographer Walter Isaacson, is a personal intensity and vision so powerful it bends people to your will, convincing them of a project’s higher purpose. Isaacson describes this capacity for influence as a notorious trait of Steve Jobs,… Continue Reading
I joined CNBC Africa during the Mining Indaba convention last week in Cape Town, South Africa. Interviewer Svetlana Doneva and I discussed Canada’s leading role in mineral and energy exploration and development on that continent, which I credited to our intellectual property and technology, as well as the Canadian style of entrepreneurship, which lends itself… Continue Reading
