Copper and silver tycoon and environmentalist Ross Beaty sees stagnant global growth, but strong fundamentals for gold. Here he shares his views, and a few memorable moments in his career — on both sides of the industry. “Comfortable with ambiguity,” says the sign on Pan American Silver chairman Ross Beaty’s office door. It’s a fitting… Continue Reading
Lumina Copper on Tuesday announced a preliminary economic assessment that gives the Taca Taca project in Salta, Argentina a net present value of $2.1 billion, assuming a discount rate of 8% and $2.75/lb copper, and after-tax internal rate of return of 17.2%. The assessment includes substantial gold and molybdenum at assumed prices of $1,200/oz Au… Continue Reading
May the best of 2012 be the worst of 2013 2012 was both a challenging (to put it mildly) year for junior mining stocks and a great opportunity to pick up high-quality names at bargain prices. I hope you managed to take advantage of some of those sales. Sandstorm Gold, the first company that I… Continue Reading
The Canadian resource sector has been mired in a cyclical bear market for the better part of the last two years. However, it is during times likes these that it is worth digging through the charts in search of stocks that have held up well during the downturn and may be ready to lead markets… Continue Reading
by James Kwantes That thud you heard yesterday was Lumina Copper stock dropping a further 8.5% onnews that its strategic review process has yet to land a buyer for the company’s Taca Taca copper-gold-molybdenum deposit in Argentina – not the easiest place to do business. It wasn’t the NR expected by takeover-hungry investors, who took the stock down hard.… Continue Reading
The Terrible Impotence of Monetary Policy. Forbes Fed Stuck at Zero Into 2015 Seen in Swaps, QE Odds Reach 99%. Bloomberg Ship Magnate Uses Gut in $11 Billion Bet Worst Since ’70s Ending. Bloomberg Shahid Khan: The New Face Of The NFL And The American Dream. Forbes Lumina Copper Update. World of Mining Jim Dines Audio. King… Continue Reading
What I learned in Europe with Canadian mining heavyweights I’ve spent a few years now around Howe Street and I’ve been lucky to make some great connections. One in particular, Gianni Kovacevic, an investor and speaker at this weekend’s Cambridge House conference, has been good to me. What Gianni does is buy positions in companies, and… Continue Reading
What I learned in Europe with Canadian mining heavyweights I’ve spent a few years now around Howe Street and I’ve been lucky to make some great connections. One in particular, Gianni Kovacevic, an investor and speaker at this weekend’s Cambridge House conference, has been good to me. What Gianni does is buy positions in companies, and… Continue Reading
