Shareholders of Turquoise Hill Resources (TSX:TRQ) would be wise to participate in an upcoming rights offering, according to company founder and billionaire mining entrepreneur Robert Friedland, who lost control of Turquoise Hill in 2012, and says he still owns 8-9% of the company. “People should buy the rights and exercise them hand over fist,” Mr. Friedland… Continue Reading

Once an investor favorite, Cameco Corporation (CCJ) fell on hard times following the Fukushima disaster in March 2011. However, now there is ample reason for optimism from both a fundamental and a technical standpoint: Click to enlarge CCJ Daily CCJ Weekly Uranium Supply/Demand Gap ( Cameco Investor Presentation) Fukushima’s most dangerous operation yields first successes… Continue Reading

Battered by operational challenges and financial troubles, Niko Resources’ (NKO:TSX) Chairman, CEO and President, Ed Sampson, announced he will resign by year-end and that Jake Brace will take over.  Ed Sampson founded the company 18 years ago and developed its impressive asset base in Bangladesh, Indonesia, and Trinidad and Tobago.  Mr. Brace was hired as an advisor a few… Continue Reading

LUBUMBASHI, The Democratic Republic Of The Congo – Mining promoter Robert Friedland has released a preliminary economic assessment for a major Congolese copper discovery that he says could be one of the world’s lowest-cost producers. A preliminary economic assessment released Monday by Friedland says a two-phase mine at the site could be worth US$4.3 billion… Continue Reading

According to Strateco Resource’s (RSC:TSX) CEO, Guy Hébert, a group of the company’s US shareholders intend to challenge Quebec’s recent resistance to uranium exploration and mining.  In March, Quebec environment minister, Yves-Francois Blanchet announced a moratorium on all uranium exploration and mining until the government had the opportunity to review and submit an environmental report… Continue Reading

According to a private source close to China’s largest gold producer, China National Gold Group, that group is looking at investing in Robert Friedland’s Ivanhoe Mines (IVN:TSX).  The source claims the state-owned China National Gold is interested in acquiring a stake in Ivanhoe’s Platreef project.  The Platreef project is a thick, high-grade Flatreef platinum-palladium-gold-nickel-copper-rhodium deposit in South… Continue Reading

First posted on PennyMiningStocks.com. Follow James Fraser @MiningStocks How the Price of Gold Reflects the Value of the US Dollar It is undeniably true that the price of gold is related to the value of the US dollar, so it is essential to understand how this association has come about and exactly how the dollar influences the… Continue Reading

Reindeer people, near lake Huvsgul, North Western Mongolia.  One of the treasures and wonders of Mongolia. http://www.beforethey.com/tribe/tsaatan

We had the wonderful opportunity of attending the Canaccord Genuity Global Resources Conference during the past couple of days in Miami, Florida. Canaccord put on a first class event with many of mining and energy sector’s best CIOs and CEOs on hand. Below are some of the key takeaways from the conference: Most miners are… Continue Reading

Resource consulting firm, Wood Mackenzie put out a report Monday stating that by 2020, coal will surpass oil as the key fuel for the global economy.  Global coal consumption is expected to rise by 25% on the backs of China and India as they fill demand for cheaper energy sources to meet their fuel needs.  By… Continue Reading

Please note: The following are “Exploration” stage companies. Companies with a Resource in Colombia, including Continental Gold, Red Eagle Mining, and Eco Oro Minerals, have not been ranked in this report. The year has been a disappointing one for the BRICs, with China being the only country to bring significant GDP growth to the table. However, with… Continue Reading

I want to show you charts of three energy stocks, then I have a special surprise. Let’s start with Devon Energy … (Updated chart) Check out how Devon fell below its trend line in September.  It hugged it, and looked like it would break down. Nope.  Now, it’s trying to get back above that trendline.… Continue Reading

Discovery Investing’s Chris Berry says he’s just returned from the SME Global Uranium Symposium last week in Corpus Christi, Texas, with his tail between his legs. “It appears that any “nuclear renaissance” will be delayed for some time due to a confluence of factors…This offers investors perhaps the most precious commodity of all – time… Continue Reading

It looks like the rumours have proved to be correct as China’s Minmetals announces a first round bid for Glencore-Xstrata’s (GLEN:LN) Peruvian Las Bamabas copper mine.  Prior to the mega-merger being finalized between Glencore and Xstrata last year, the Chinese antitrust authorities demanded the sale of Glencore’s $5.2 billion Las Bambas mine in order to reduce the power… Continue Reading

THE CALANDRA REPORT: Subscribe Concordia Resource Corp. – one of Canada’s most puzzling metals equities – is gaining a DRC Congo nickel, copper and cobalt property and another, copper and gold, in Australia. Concordia (CCN in Canada) explains that pending shareholder approval it also shall distribute shares of a new Argentina-focused explorer to shareholders. That’s… Continue Reading