Copper Mountain (CUM:TSX) announced it has entered into an option agreement with Westar Resources and Bearclaw Capital to earn up to 75% interest in the Axe property in British Columbia.  The Axe property is an advanced stage project with the potential to host a large copper porphyry.  Currently Westar and Bearclaw hold the property in… Continue Reading

US equity markets are experiencing capital inflows from around the world for three fundamental reasons: 1) A strengthening currency 2) Growth on the margin; and 3) Capacity. These three characteristics make US equities as extraordinary as an honest politician, and are the basis of an extremely compelling case for US Growth and Consumption stocks as… Continue Reading

When Glencore and Xstrata merged earlier this year in a $30 billion deal, the Chinese regulators demanded that Glencore sell its Las Bambas mine in Peru by September 30, 2014 in order for them to approve the massive merger.  It appears that Chinalco Mining, the listed copper arm of the state-owned Aluminum Corp of China is interested… Continue Reading

Peter Koven of the Financial Post covers uranium’s 14% price correction over the previous two months, last at $US.34.50 per pound, the lowest level since 2006. The Fukushima Nuclear disaster in Japan continues to take its toll, with excess supplies in Japan being reportedly dumped onto the open market. Read: Uranium spot price sinks amid… 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

Looking at this week’s photographs of a convoy of trucks heading out on the first delivery run of exports of copper and gold concentrate from the Oyu Tolgoi mine, I am reminded that it was almost exactly 12 years ago that Ivanhoe Mines announced the first of a series of five world-class mineral discoveries at… Continue Reading

Octogenarian self styled ‘treasure hunter’ Dave Lowell, who we called Mining’s Greatest Explorer in a January, 2013 short film about the legend, has launched a new copper exploration and development company, Lowell Copper, and subsequently raised $11.4 million in a financing in which we participated (details). The company’s principal asset is the Ricardo project in… 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

After spending several months hammering out a top, US equities entered August 2011 facing a growing number of storm clouds (impending US downgrade, US recession fears, renewed eurozone turmoil). On August 3rd stocks appeared to be in free-fall when a late session rebound back into positive territory gave bulls hope that perhaps the worst was… Continue Reading

Farmers will now be forced to relocate… “The government is hoping the farmers become urban consumers. Villagers typically grow their own food and provide their own energy. If the farmers find work in these new cities, they will buy electricity and use public transportation, purchase televisions and washing machines, and stoke the Chinese economy.” Source: China’s… Continue Reading

There’s a lot going on in the world right now, more than usual. In all seriousness, today’s equity market losses were modest relative to what could go wrong in the various simmering global hot spots. The NSA story is nothing short of HUGE, Turkey is indicative of a much larger feeling of uneasiness coursing throughout the… Continue Reading

2013 has been a challenging year for gold investors and the current macroeconomic environment appears to be highly unfavorable for the yellow metal – gold currently faces its most challenging fundamental backdrop in at least two decades: US 10-year real rates have risen 77 basis points in the last two months US 10-year real rates… Continue Reading

In short we’ll be buying gold, mining shares, and US Treasuries on dips all summer long. If we are to presume that the Wall Street Journal’s Jon Hilsenrath is not completely off the reservation, and was in fact prompted by the Fed itself to float a ‘tapering trial balloon’, then we must believe that we… Continue Reading

Why the gold bull thesis is wrong on a near-term (3-months or less) and medium-term (6-months or more) basis. I am and always will be a student of the market, and nothing is more valuable to me than credible, accountable and transparent sources; Keith McCullough of Hedgeye Risk Management taught me that. He has also taught… Continue Reading