A final cash-for-reforms proposal was delivered to Greek Prime Minister Alexis Tsipras, along with a clear message from European Union leaders that all patience had been exhausted, and that the Greek government must choose between reforms and an accompanying 15.5 billion euro loan that would see Greece remain solvent at least to the end of… Continue Reading

The mining sector’s first initial public offering on the Toronto Stock Exchange since 2012 is a smashing success. The IPO of TMAC Resources Inc. has been upsized by $30 million because of overwhelming investor demand, according to sources. TMAC is now planning to raise $135 million, and as much as $155 million if the banks… Continue Reading

This morning Toronto-based gold developer Continental Gold (CNL.TO) announced an updated mineral resource estimate for the Buritica project in Colombia. The new resource is based on 271,003 metres of drill core sampling and 7,215 metres of underground sampling over the past eighteen months. Buritica now contains 4.48 million gold ounces in the Measured and Indicated (M&I)… Continue Reading

The Looming Copper Supply Crunch This infographic is presented by Western Copper & Gold Copper is among the three most used metals in the world, and high quantities of the red metal must be mined every year to meet global demand. The market for copper is equal to approximately $120 billion each year, which rivals… Continue Reading

Via Energy and Gold.com: This morning Continental Gold (CNL.TO) released its much anticipated updated resource estimate which greatly increased the size and marginally increased the grade of its flagship Buriticá Project. This news is very significant because it makes the economics of the project significantly more attractive, despite the current weak gold price environment. CNL shares are soaring once… Continue Reading

Via EnergyandGold.com: Yesterday, a Vancouver-based mineral exploration company drilled one of the best holes in the history of uranium exploration. NexGen Energy’s (NXE.TSXV) AR-15-44b resulted in 56.5 meters grading 11.55% including 20 meters at 20.68% U3O8, and shares in the junior company soared 10.45% Monday. The result was widely hailed by the analyst community. Cantor… Continue Reading

A final feasibility study for the Ranger uranium mine in Australia has been cancelled, effectively suspending any future plans for development of Ranger 3 Deeps indefinitely. The news is the latest in what has been a difficult period for uranium miners following the Fukushima disaster in March 2011, which resulted in the shutdown of Japanese… Continue Reading

Midas Gold is a junior gold explorer that IPO’ed during the summer of 2011 when the gold sector was in a frenzy and investors eagerly bid up gold plays to record valuations. Those days have long since passed; after reaching an all-time high of $4.90/share in January 2012, Midas shares currently sit around .40/share after… Continue Reading

There is so much networking potential at the Subscriber Investment Summits.  Case in point: Bitgold (XAU-TSXv). I recently visited Toronto and the buzz on Bay Street was still all Bitgold, a month after the web-based payments and savings platform for gold launched on the TSX-V. Shares in the startup–less than one year old–soared to $8 before retreating. Bitgold… Continue Reading

HIGHLIGHTS: Results from the first two holes of the 2015 drilling program at the Shumagin Prospect, located within the 100% owned Unga Gold Project, Alaska The first hole intersected 12.9 metres of mineralization from 60m, beginning with 1.9 metres containing 202 g/t gold and 82 g/t silver The second hole intersected two mineralized zones: The… Continue Reading

Yesterday I had the opportunity to meet Vancouver mining entrepreneur Randy Turner. Mr. Turner has been involved with multiple mineral discoveries since the late 1970’s, with the most notable being the Snap Lake diamond mine in Northwest Territories, taken over for a combined $478 million in 2000. Mr. Turner splits his time as the CEO of two… Continue Reading

The following interview was conducted via Skype between Oliver Gross, a Munich-based mining analyst and blogger and Vince Sorace, the Vancouver, Canada-based CEO of Desert Star Resources (TSXV:DSR). Desert Star is a copper exploration company active in SW USA set to drill test two exciting targets this year. Oliver Gross (OG): Thank you for agreeing… Continue Reading

Canadian diamond explorer North Arrow Minerals (NAR.V) reported disappointing diamond valuation results from the Qilalugac project bulk sample test this morning: The parcel of 383.55 carats of diamonds greater than +1DTC (~1 mm) was valued at $13,795 or $36 per carat and a modelled range of possible values was also produced with a “possible low” model… Continue Reading

Many of us are aware that 400 billionaires appear on Forbes’ list of the wealthiest Americans. But if you had to guess what percentage of them is self-made, what would you say? A quarter? A third? Before I give you the answer, let me posit which way Thomas Piketty might lean. If you’re unfamiliar with… Continue Reading

The high-grade Spectrum gold project in British Columbia’s Golden Triangle will see a $3.5 million, 10,000-12,000 metre drill program this summer thanks to $8.1 million in financings by its operator, Skeena Resources (SKE.V). Skeena is led by American businessman Walter Coles, CEO, and Canadian Mining Hall of Famer geologist Ron Netolitzky, Chairman. Mr. Netolitzky helped find… Continue Reading