Good morning. The Fed is expected to raise the interest rate at 11 am PST, and so far the gold market is up $14.50 last at US$1,075, as we wait. Drill results from Equitas Resources and Arena Minerals were among the mining news releases that caught my attention this morning. Equitas Resources (EQT:TSXV) – Junior… Continue Reading
Good morning, Some news of note on a day when Syria is heating up, with Turkish fighter jets shooting down a Russian warplane the NATO member says ventured into its air space. The international incident comes after reports that much of the oil being produced on ISIS-controlled territory – both Russia and the U.S. have been… Continue Reading
Chile-focused prospect generator Arena Minerals has landed a third major, Teck Resources, and a US$19.5-million commitment to help develop copper projects at its Atacama Copper project in northern Chile. The agreement announced today will see Teck Chile spend US$19.5 million in two stages over 6 years to acquire up to a 60% interest in the… Continue Reading
One thing is for sure the junior mining market continues to struggle as we have had four consecutive down years on the TSX Venture (2011-2014) and 2015 is not off to a promising start. Legendary mining financier and company builder Ross Beaty has been one of the few who is actively putting money to work and… Continue Reading
