With excerpts from today’s Ivanhoe Mines news release. Robert Friedland, Executive Chairman of Ivanhoe Mines (TSX: IVN), and Lars-Eric Johansson, Chief Executive Officer, announced today that the company is proceeding with the sinking of a bulk-sample shaft to access the underground Flatreef platinum, palladium, nickel, copper, gold and rhodium discovery at its Platreef Project in… Continue Reading

Africa Oil (AOI:TSXV) announced its second quarter results and an update on exploration and operations. The company expects to have a fourth Tullow Oil and Africa Oil JV rig drilled and tested on the 10BB and 13T Blocks in Kenya in October 2013. AOI has also secured a fifth rig for Block 9 in Kenya… Continue Reading

Ten days ago, shares in Alberta Oilsands (TSXV:AOS) exploded to the upside when the company announced that the Government of Alberta had cancelled their oil lease at Clearwater, and must repay AOS $51 million (or approx. $.24 per share) plus interest as part of a government compensation framework for cancelled contracts. This is the second… Continue Reading

Lundin Group oil junior, Africa Oil (TSXV:AOI) depended the hole of its Etuko-1 target to penetrate the Lower Lokhone formation and has hit 50m of potential net pay.  The company already hit 40m of net pay in the Auwerwer and Upper Lokhone reservoirs, so this increase in depth will be flow tested later this year… Continue Reading

By Lawrence Roulston, Resource Opportunities News that the US Federal Reserve may begin cutting back on Quantitative Easing panicked investors around the world. The mere suggestion that the easy money might be cut back if the economy continues to improve exemplifies how dependent investors have become on what is effectively a government handout. The sharp drop in… Continue Reading

LIBERTY METALS & Mining Holdings continues to take stakes in emerging gold and metals producers. This one has Karma. The unit of the large insurer, Liberty Mutual, came across my screen about a year ago, when it gave Red Eagle Mining in Colombia (RD in Canada) $8 million in exchange for a net smelter royalty… Continue Reading

Well-known Toronto-based mining and energy promoter Stan Bharti of Forbes and Manhattan has opened up to Mineweb’s Kip Keen. Here’s a link to the article. Excerpts include: “At Forbes & Manhattan we always tell people, find good assets in emerging markets so you don’t overpay for them. I mean any fool can go and pay… Continue Reading

“One drill hole changes the game. It’s very hard to decide who gets to make it and who doesn’t. It’s a big gate, and yet very few make it through. But you have to let them try.” — Lukas Lundin “Did you know you were getting the better end of that deal with Kinross?” I… Continue Reading

A World of Mining Special – Part 1 of 2 This is a story about Eira Thomas, dubbed the “Queen of Diamonds” for her role leading the geologists who discovered the kimberlite pipes that became the Diavik diamond mine. Diavik, Canada’s second diamond mine, produced 1.9 million carats of the sparkling stones in the fourth quarter… Continue Reading

Source: “Junior Venture Exchange Needs Cleansing” says Rick Rule of Sprott Global Resource Investments. Small Cap Power Q: The Canadian junior market and the resource juniors continue to struggle as investors shy away from them despite the TSX and Dow Jones trading at very good levels. When do you see the junior markets starting to perform again?… Continue Reading

With special thanks to Odgers Berndston, global leaders in executive search, for supporting this production. Click here to launch the video in Youtube, or scroll to the bottom of this article. The Atascosa Ranch is walking distance from the US/Mexico border, just outside of Nogales, Arizona. It’s owned by Dave Lowell, an affable 84-year-old man… Continue Reading

Billions in Hidden Riches for Family of Chinese Leader ExxonMobil oil chief ‘assassinated’ in Brussels street. Telegraph Now is the time to reduce equity exposure. Ritholtz South Africa has made progress since becoming a full democracy in 1994. But a failure of leadership means that in many ways, South Africa is now going backwards. Over the Rainbow. The Economist Blackstone… Continue Reading

The rial-ity of Persia-stroika. FT Alphaville A war for oil and competing pipe dreams. Ritholtz Chinese copper consumption falls. Bloomberg French rich up in arms about higher taxes. Dealbook Listen: One Direction. PianoGuys

Robert Friedland returned to the mining spotlight with a vengeance this week on news of IPO plans for Ivanplats, his private company with copper and zinc projects in the Congo and platinum and nickel projects in South Africa. Friedland showed his Midas touch with the discoveries of Voisey’s Bay nickel deposit in Canada, purchased by… Continue Reading

Amir Adnani’s “Uranium and nuclear energy state of the union.” Business Insider Equity Firms Like Bain Are Depicted as Colluding. NYTimes The Tragedy of the European Union and How to Resolve It. George Soros Peter Koven: Robert Friedland is back. Financial Post AngloGold’s Cutifani Sees South Africa Solution in Months. Bloomberg Could Private Equity Solve Pro… Continue Reading