Ivanhoe Mines’ Platreef project in northern South Africa, one of the richest and largest platinum ore bodies every discovered, may be getting a lot bigger. Exploration drilling at the Ga-Madiba target, several kilometres to the South East of the Platreef Indicated Resource, turned up 48.6 meters of 4.63 grams per ton platinum, palladium and gold,… Continue Reading
While gold continues to form a bullish consolidation pattern just below resistance ($1355-$1360): Click to enlarge Another precious metal, albeit a less popular one, is shining brightly after breaking out from a 3-year symmetrical triangle last week: This breakout has all the makings of one that investors should not take lightly (volume, duration, and price… Continue Reading
Robert Friedland’s Ivanhoe Mines has commenced drilling underground at the historic Kipushi Mine in the D.R. Congo some 1225 meters below surface and less than 1 kilometer from the Zambia border. Kipushi was one of the world’s richest copper, zinc, germanium and precious metals mines from 1924 until 1993; it was flooded in 2011. Ivanhoe… Continue Reading
Robert Friedland’s Ivanhoe Mines has just shared a photo album documenting progression at the company’s three Africa projects: · The Kamoa copper discovery in a previously unknown extension of the Central African Copperbelt in the DRC’s Province of Katanga. · The Platreef Discovery of platinum-group elements, nickel, copper and gold on the Northern Limb of… Continue Reading
SIGN UP FOR CEO.CA’S FREE LIST | MORE PHOTOS | DISCLAIMER The reality distortion field, made famous by Steve Jobs’ biographer Walter Isaacson, is a personal intensity and vision so powerful it bends people to your will, convincing them of a project’s higher purpose. Isaacson describes this capacity for influence as a notorious trait of Steve Jobs,… Continue Reading
I joined CNBC Africa during the Mining Indaba convention last week in Cape Town, South Africa. Interviewer Svetlana Doneva and I discussed Canada’s leading role in mineral and energy exploration and development on that continent, which I credited to our intellectual property and technology, as well as the Canadian style of entrepreneurship, which lends itself… Continue Reading
We think the risk/reward proposition for buyers of Ivanhoe Mines (TSX:IVN) is quite attractive from current levels (below 1.70). From a Technical Analysis perspective, the multi-month falling wedge has dropped into the 1.50-1.70 support zone. Volume has also dried up which we like to see before a big bounce – $2.00 is a reasonable short… Continue Reading
Today is the one year anniversary of making this video with my brother. I thought it would be a great opportunity to share some of my favourite mining and energy quotes, starting with one from Mr. Lowell, of course: “If there’s anything my career says about me, it’s that I’m very good at being wrong.”… Continue Reading
Robert Friedland’s Ivanhoe Mines (IVN:TSX) has completed dewatering activities to the main working level of the historic and high-grade Kipushi copper-zinc-germanium-lead and precious-metals mine (68% IVN, 32% state-mining company) in the Democratic Republic of Congo (DRC). The mine’s underground workings were extensively flooded during the previous 18 years when the mine was on care-and-maintenance as a former… Continue Reading
A new mineral exploration company to watch, Kaizen Discovery, will commence trading in Toronto tomorrow under the symbol KZD. Kaizen was born out of an amalgamation with HPX TechCo (50% owned by Robert Friedland) and Concordia Resource Corp. Kaizen will be 85% owned by HPX TechCo (Private) and 15% by Concordia shareholders. The company will… Continue Reading
The Rant Thank you Toronto, and other observations Your neighbours to the south will be eternally grateful for your crackpot mayor providing considerably better entertainment value than your mining markets of late. The comic relief is greatly appreciated– keep it coming. The relentless hammering of the junior mining markets and gold price continues despite the… 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 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
[audio:https://blog.ceo.ca/wp-content/uploads/2013/11/Rick-Rule-CEO.CA-Nov-4-2013-Tommy-Humphreys-Audio.mp3] Sprott USA Chairman Rick Rule, the Carlsbad, California based natural resource financier with nearly four decades of experience, joined us for a conversation earlier today on the current mining bear market, which is approaching its third anniversary. As expected, Mr. Rule was upbeat, and sounds to be making the most of the opportunities being… Continue Reading
Robert Friedland’s Ivanhoe Mines (Disclosure: Long) has provided an update on its Kipushi copper-zinc-germanium project in the DRC. Kipushi is one of three flagship assets that Ivanhoe is currently developing, and today’s news release shared a lot of news. Here it is in its entirety: Ivanhoe Mines Reports Ongoing Dewatering at Historic Kipushi Mine in… Continue Reading
