Endeavour Mining (EDV:TSX) has added some depth to its roster by bringing on Ian Cockerill, Miguel Rodriguez and Frank Giustra to its strategic advisory board.  The three new members will replace Jorje L. Gamarci and Dr. Antony Harwood.  The board now consists of seven members: Michael Beckett (Chairman), Ian Cockerill, Frank Giustra, Ian Henderson, Wayne… Continue Reading

This morning Dale Corman’s Western Copper and Gold (WRN:TSX) provided an update on the developments of their Casino project in the Yukon (see Dale Corman’s Western Copper and Gold Challenge: Developing a Low-Risk Casino). WRN has completed their 2013 field program which is the end of a six-year long engineering and baseline data collection program… Continue Reading

Developments in the potash cartel saga continues as rumours are confirmed that 21.75%-owner of OAO Uralkali, Russian tycoon, Suleiman Kerimov is trying to sell his stake in the company.  The value of the sale is estimated at around $3.5 billion.  This comes after Uralkali left the Belarusian Potash Co (BPC) cartel followed by the Belarusian’s… Continue Reading

IAMGOLD (IMG:TSX) has, with its JV partners AngloGold Ashanti (40%) and the government of Mali  (20%), decided to suspend mining at the Yatela mine in Mali effective September 30, 2013.  The company noted that they will begin dismantling the mine at the end of September, however, processing of leach pads and ore already mined will… Continue Reading

Torex Gold (TXG:TSX) put out its highly anticipated maiden resource at its Media Luna target, south of the river at its Morelos gold project in Guerrero State, Mexico.  The company announced an initial inferred resource comprised of 39.9 million tonnes at 2.63g/t gold, 24.46g/t silver and 0.97% copper which equates to 5.84 million gold equivalent… Continue Reading

Quietly yesterday, Serafino Iacono’s Gran Colombia Gold (GCM:TSX) announced it had grown production month-over-month to 9,988 ounces of gold in August (from 9,441 ounces in July).  These ounces come from the company’s underground mining operations in Colombia at their Segovia and Marmato mines.  The company has produced 70,939 ounces so far in 2013 with the… Continue Reading

If history repeats itself (which it has a habit of doing), then yes the bank is preparing to load up on gold.  This morning, Jeffrey Currie, the global head of commodities research for the bank said: “While we agree with the mid-cycle price somewhere around $1,200, we believe that at least near term it can overshoot… Continue Reading

A spectacular account of the ‘100-year financial crisis’ as told by the 74th United States Secretary of the Treasury, Henry Paulson.  The interview was done for the new Bloomberg documentary which will be on Netflix on Monday called ‘Hank: Five Years from the Brink’. Hank on the Unpopularity of TARP: “The way I read the… Continue Reading

Micro cap zinc explorer, Messina Minerals (MMI:TSXV) agreed to be acquired by Canadian Zinc (CZN:TSXV) for shares.  Messina shareholders will receive 1 shares of CZN for each 5.9 shares they hold of MMI which values MMI at around $0.115 per share.  This equates to an approximate 190% premium to the last close of $0.04 per… Continue Reading

Oceanic Iron Ore (FEO:TSXV), the small cap iron ore developer, has received the results of a shipping optimization study to determine whether the benefit justifies the costs of year round shipping from the Company’s Hopes Advance project located in the Canadian Arctic. The study includes direct shipping during summer months and transshipment during winter months.… Continue Reading

Sulliden Gold (SUE:TSX) has cleared the final hurdle at its Shahuindo gold and silver project in northern Peru by receiving an ‘okay’ for their Environmental Impact Assessment.  With this milestone complete, after an 18 month permitting process, the company expects to begin construction within 30-60 days (once final project finance package completed).  The construction will… Continue Reading

In April of this year, Mexico’s Economics Committee in the Chamber of Deputies approved a proposed new 5% mining royalty tax.  Over the weekend, the Executive Branch of the Mexican federal government presented its 2014 Tax Reform proposal which included new mining specific federal royalties.  These included a Special Mining Royalty which is a 7.5%… Continue Reading

B2Gold (BTO:TSX) and joint venture partner Calibre Mining (CXB:TSXV) have signed a definitive joint venture agreement granting BTO an option to acquire another 19% interest in the Primavera gold-copper project in Nicaragua. Read: Calibre and B2Gold Sign Definitive Joint Venture Agreement. Calibre currently owns 49% of the project and B2Gold owns the remaining 51%.  Once… Continue Reading

Pilot Gold (PLG:TSX) released further assay results from their TV Tower project in Turkey.  This round of drilling focused on near-surface silver-only mineralized zone near the KCD target.  Step-out drilling highlights include hole KCD-151R which hit 91.5m of 90.2g/t silver including 34.5m of 176g/t silver.  Hole KCD-149R intersected 61.5m of 43.6g/t silver.  The company also… Continue Reading

Newstrike Capital (NES:TSXV) hasn’t had an easy ride over the past year, with share prices hitting 3-year lows, however, they have been efficiently adding value to their Ana Paula project in Guerrero State, Mexico.  Today they discovered several high-priority targets on a parallel trend with the Ana Paula project (which, the market didn’t care for much… Continue Reading