Don Argus, led BHP for over a decade, growing the company from US$12 billion market capitalization to over US$200 billion with his tenure ending in 2010. On Thursday the market valued BHP at $US189 billion. Mr. Argus became Chairman in 1999 after leaving his post as the CEO of National Australia Bank and oversaw the Billiton merger… Continue Reading

For over a year we’ve been following NexGen Energy’s (NXE:TSXV) potential to discover the next high-grade uranium deposit. Last week, we attended the inaugural analyst site visit at their high-grade uranium discovery called Arrow, at Rook I, the company’s Northwest Saskatchewan project in the Athabasca Basin, home to the world’s richest uranium mines. The project… Continue Reading

In a unique and creative move, Kaizen Discovery (KZD:TSXV) is hosting a reception in Vancouver that is open to all mineral exploration and development companies with quality assets in the Americas (with a particular focus on Latin America) in the hopes of sourcing new assets. The ‘build it and they will come’ approach. B. Matthew… Continue Reading

I would venture to say that many readers were unaware that the largest primary silver mine by annual production on the planet is in the hands of Australian iron ore and coal juggernaut, BHP Billiton. That mine is known as Cannington and produced over 31 million ounces of silver in 2013.  More than any other mine in the world.  It is the tenth largest… Continue Reading

Coming off their best drill hole to date (AR-14-15 which hit up to 55.8% U308 over 0.45 metres) as well as the inaugural site visit to their Rook I property that had the analyst crowd very excited, NexGen Energy (NXE:TSXV) continued their successful summer program by announcing the next batch of preliminary drill results from… Continue Reading

I woke up to some good news this morning.  As a shareholder of Roxgold (ROG:TSXV) I was pleased to see the news that the company had been granted their Environment and Social Impact Assessment (ESIA) from the Government of Burkina Faso just four months after first applying for it. “Where else can you do that?”… Continue Reading

Invest Northern Ireland, which is a regional business development agency and part of the European Regional Development Fund, has offered Dalradian Resources (DNA:TSX) 326,000 pounds sterling ($590,000) worth of job training support in order to expedite the development of the Curraghinalt gold mine located in Northern Ireland. Patrick F.N. Anderson, Dalradian’s CEO, commented: “Our board,… Continue Reading

After recently taking over as President at Abitibi Royalties (RZZ:TSXV), Ian Ball announced an odd move this morning; re-releasing previously reported drill results from 2008 on the Malartic CHL property.  The drilling is from the Norrie zone which appears to host bulk-tonnage gold mineralization and was drilled by the former owner, Golden Valley Mines, prior to its… Continue Reading

This morning, one of the best performing and fastest growing copper companies in the world, First Quantum Minerals (FM:TSX), closed their acquisition of Ross Beaty’s Lumina Copper and the behemoth Taca Taca copper project.  That company was the sixth and final iteration of the Lumina Group companies to be developed and sold under the guidance of… Continue Reading

There has been a lot of discussion from both Ivanhoe Mines (IVN:TSX) and the investing community about what the best course of action is for the company given the fact they have three world-class assets in their portfolio but are only getting valued as if they had one (if that). This morning, Ivanhoe announced that they have formally… Continue Reading

While on a plane headed to NexGen’s Rook I property this week for a well attended inaugural analyst site visit (more to come on this), I read an article, titled “Renewables Aren’t Enough. Clean Coal is the Future” in Wired Magazine that was absolutely fascinating. The article discussed something I was familiar with on a very… Continue Reading

Low capital intensity projects with good operating margins continue to find financing solutions despite the overall equity markets in the mining sector remaining at stagnant levels.  Mark O’Dea’s West African gold developer, True Gold (TGM:TSX) fits this description and two of the major gold royalty companies agree. Last night, Franco-Nevada and Nolan Watson’s Sandstorm Gold… Continue Reading

This morning Torex Gold (TXG:TSX) which has $90 million of warrants expiring tomorrow at an exercise price of $1.50, announced that they have signed a credit agreement with a syndicate of lenders for the previously announced $375 million project finance facility.  This money is ear-marked for the development of the El Limon-Guajes project and represents… Continue Reading

Since we interviewed CGX Energy’s (OYL:TSXV) President and CEO, Dewi Jones in March (read: Small cap investors should watch CGX Energy…Huge potential should they find a farm-out partner), shares are up nearly 100% as the company continues to get closer to securing a farm-out partner for their three shallow, offshore oil blocks in the Guyana-Suriname… Continue Reading

One of the newest entrants to the prolific Red Lake gold district in northwest Ontario, Pure Gold Mining (PGM:TSXV), is about to start a 9,000-metre drill campaign on its Madsen project.  The drills are expected to start turning next week and will target the known mineralization where the high-grade resource is currently hosted as well… Continue Reading