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
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
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
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 Lac des Iles graphite mine in Quebec is the larger of two Canadian graphite producers, and owned by Imerys S.A., a multi-billion dollar French multinational company which specialises in the production and processing of industrial minerals. Imerys has been around for nearly 140 years. The Lac des Iles graphite mine, which is ran by… Continue Reading
“Most great discoveries have to climb a wall of worry and disbelief,” says a geologist who has worked with the Ivanhoe group in Mongolia, R. Edward Flood. “Especially when it comes to Robert Friedland — because all the seasoned investors who follow this sector cannot allow themselves to believe he has done it again.”
In the current squeeze on the junior sector, much has been said about the challenges in raising money and the impact of lower precious metals prices on the cash costs and feasibility of future projects. However, in these tough markets, another metric that investors should pay close attention to is the General and Administration (G&A)… Continue Reading
Oceanic Iron Ore (FEO:TSXV), the small cap iron ore developer, has received the results of a shipping optimization study to determine whether the benefit justifies the costs of year round shipping from the Company’s Hopes Advance project located in the Canadian Arctic. The study includes direct shipping during summer months and transshipment during winter months.… Continue Reading
Billionaire mining tycoon Robert Friedland has launched Ivanhoe Pictures with Hollywood producer John Penotti and Beijing-based media executive Ray Chen. “Ivanhoe Pictures will finance and produce film and television projects that have broad appeal to a global audience,” said Sunday’s news release. “Initially, the company will bridge production opportunities in America and Asia, focusing on China,… Continue Reading
King World News has released a new podcast with Pierre Lassonde. Mr. Lassonde is one of the world’s most credible and successful gold speculators. He built the original Franco Nevada and is currently Chairman of Franco Nevada Corporation, a seven billion dollar gold royalty company. He was previously CEO of Newmont Mining, the United States’s… Continue Reading
Billionaire promoter and resource developer, Robert Friedland to change name of Ivanplats (IVP:TSX) back to his favorite resource company name, Ivanhoe Mines. The name change will take effect September 3, 2013 and will trade on the TSX under the symbol “IVN”. “The original Ivanhoe Mines and its predecessor company, Indochina Goldfields, earned international recognition and… Continue Reading
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
