This story was first posted at 9:00AM today, and was briefly updated at 8:14PM. Micro cap Vancouver-based junior miner Niocorp Developments Ltd. (TSXV:NB), which is advancing its Elk Creek, Nebraska niobium project, has announced that they have recruited Marc Smith to become the company’s new CEO. Smith was formerly CEO of rare-earths producer Molycorp (NYSE:MCP),… Continue Reading

Of the 2000 junior resource companies we track, very few have the strength of Continental Gold Corp. It has over $130 million in the bank, analysts believe its 5.5 million ounce Buriticá high-grade gold deposit in Colombia will become a cash cow, its technical and management teams are well-experienced, and when the deposit gets permitted… Continue Reading

I was able to catch up with billionaire Ivanhoe Mines (TSX:IVN) Executive Chairman Robert Friedland in Toronto yesterday. The Singapore-based mining legend was in Toronto this week to announce the launch of Ivanhoe Pictures, a new film and TV finance and production company, and to host the first investor presentations for his Ivanhoe Mines after… Continue Reading

Carpathian Gold (CPN:TSX) has closed its second tranche of a planned $16 million equity raise led by Cormark and Macquarie.  Surprisingly, the bought deal was fully subscribed to including the underwriter’s purchase of $3.4 million worth of stock which enabled the company to raise a total of over $19.4 million.  This is a good sign… Continue Reading

Pacific Potash (PP:TSXV) announced today that it intends to merge with Cowley Mining Plc to create the second largest landholder in the Amazonas potash basin, similar in size to Petrobras and Brazil Potash.  The two also intend to raise up to $12 million in equity (120 million units at $0.10 per unit).  Cowley owns strategic land… 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

In the world before Brazilian billionaire, Eike Batista fell from grace, CB Gold (CBJ:TSXV) was a market favorite.  Prior to Batista losing the vast majority of his wealth due, in part, to the commodity price decline as well as some unhealthy personal leverage, Colombian gold juniors had a bid.  In February 2011, after a few… Continue Reading

Bloomberg reports on the current mining market meltdown’s devastating impact on Canada’s investment community. Mark Morabito, chairman of Alderon Iron Ore Corp. (ADV), was quoted. “I’m now dealing with the top guys, the global heads of mining, because the guys in between are all gone… Toronto is just a dead zone.” Read: Toronto Bankers Feel Pain From Mining… Continue Reading

Brazilian billionaire promoter Eike Batista regrets using the public markets to finance his activities, he writes in an op-ed to Valor Thursday. “More than anyone, I wonder where I went wrong. What should I have done differently? A first question might be linked to the funding model I chose for the companies. Today, if I could go… 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

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

Lately, the media has made much of Canada’s “Cold War Era” uranium policy, limiting foreign ownership rights to 49 percent of a producing uranium project. The policy’s loudest critics include Saskatchewan Premier Brad Wall, Newfoundland & Labrador Premier Kathy Dunderdale, Rio Tinto, Areva Resources, Paladin Energy Ltd. and the Australian government. As it stands, a… Continue Reading

“He really has to do something to prove he isn’t having any cash problem,” Brito at Teorica said. “Maybe selling an asset, like MPX, or doing a farm-out at OGX; anything that proves that he has assets that he can sell at a good price.” Brazil Billionaire Batista Said to Face Collateral Calls | Bloomberg… Continue Reading

Two weeks ago an investor friend phoned me up and asked “Should I dump my shares of Luna Gold? I’m worried about gold and all my other stocks are down…..”. I pulled up the LGC chart and was quickly impressed by the relative strength and large recent consolidation between $3.00 and $3.50. Instead of advising… Continue Reading

No-rail advantage puts Oceanic’s Hopes Advance project before Asian steelmakers for potential partnership. Iron ore is the key ingredient used to make steel. The majority of the seaborne trade, that is, iron to be shipped to other countries, goes to China. An oligopoly exists today whereby China is forced to rely on Big 3 producers… Continue Reading