In a recent Ernst & Young study measuring business risks faced by mining companies, capital dilemmas, social license to operate, resource nationalism, and infrastructure access all ranked in the top ten. Integra Gold (ICG:TSXV), a junior Canadian gold developer, recently completed an innovative and transformative acquisition that has removed all of the above risks from… Continue Reading
Quebec is one of the most prolific gold mining jurisdictions in the world. It is home to Canada’s largest gold mine, the Canadian Malarctic mine. It is also home to a plethora of promising junior explorers and developers all of which hope to find the next gold mine. One of these companies has been quietly growing an impressive deposit in… Continue Reading
Nolan Watson, CPA, CFA, is one of the most astute CEOs in mining under 40. In 2005, he became the first employee of Silver Wheaton after it was spun out of Ian Telfer’s Goldcorp. Watson was appointed CFO shortly thereafter and the company quickly became the world’s largest silver producer. Watson left Silver Wheaton in 2008 to co-found Sandstorm Gold (TSE:SSL),… Continue Reading
Ian Hannam, often referred to as the “The Rainmaker” (also “the King of Mining”), headed up JPMorgan’s mining business and has advised on most of the major mining deals over the past 15 years, including the $90 billion merger between Glencore and Xstrata in 2012. Nobody has done more mining deals than Hannam. Now he is back, after a brief hiatus, and… Continue Reading
Mining legend Robert Friedland and his protege Matthew Hornor’s Kaizen Discovery (KZD:TSXV) continues to be one of the few extremely active junior resource companies. This morning Kaizen announced the sale of a non-core project and the preliminary exploration results from their newly acquired Coppermine project in Nunavut, Canada. The results, although early-stage, are very promising. In rock chip… Continue Reading
If you’re looking for a career with a great young company, you should consider Slack, who are soon going to be hiring in Vancouver. Never heard of Slack? Time you did, because according to a recent post by Gabe at MacDrifter, “Slack just sucked the oxygen out of the collaborative work-room”. For those of you… Continue Reading
Carlisle Goldfields (CGJ.TSXV) updated investors on two recently announced transactions involving the junior developer; one a strategic investment and joint venture with AuRico Gold and the other being an all-cash takeover proposal by London-listed Nordgold. After mulling over the request by Nordgold which would allow them to offer $0.096 per share in cash to each shareholder of Carlisle (representing a… Continue Reading
When a businessman of the calibre of Brett Wilson grants CEO.ca an interview, we aren’t going to waste his time with softball questions. I think the ex-Dragon’s Den star, Nashville Predators co-owner and co-founder of FirstEnergy Capital, was a bit surprised with our directness. But as one of Canada’s most approachable titans, he generously obliged… Continue Reading
After the Toronto Stock Exchange rang the closing bell today, Ivanhoe Mines (IVN.TSX) announced they were resuming development work on Platreef, their 75.7 million ounce (Indicated + Inferred) platinum-gold-nickel-copper project in South Africa. The company says it has sent out formal notifications to provincial authorities and landowners to return to work. They have begun moving the required plant and… Continue Reading
Gold Standard Ventures (GSV.V) has been busy consolidating and exploring land positions in the Carlin Trend in Nevada since becoming public in July 2010. The Carlin Trend is one of the most prolific places in the world for gold production and home to the large mines of Newmont and Barrick. The team at Gold Standard… Continue Reading
After market today, Continental Gold (CNL.TSX) delivered their first economic study ever completed on the ultra high-grade Buritica gold project in Colombia. Their maiden Preliminary Economic Assessment (PEA) delivered industry leading economics with an after-tax NPV (5%) of $1.08 billion and an IRR of 31.5% on initial capital of $390.3 million (based on $1,200/oz Au… Continue Reading
Osisko Gold Royalties (OR.T) and Virginia Mines (VGQ.T) have joined forces to create a leading intermediate gold royalty company. The combined market capitalization of ~$1.3 billion will rank the merged company fourth when it comes to precious metals royalty companies behind Franco Nevada, Silver Wheaton and Royal Gold. The newly merged company will hold royalties… Continue Reading
B2Gold (BTO.T) has been extremely busy over the last several years acquiring companies and growing production. And management at the company is known in the industry for bringing mines into production on time and on budget. However, quarterly results for B2Gold were reported today and reactions were mixed as the company moves into a big growth… Continue Reading
In a shocking move, the world’s largest producer of thermal coal, Glencore (GLEN.LON), announced yesterday that it will shut down its Australian coal operations for three weeks starting in mid-December. An estimated 5 million tonnes of output (roughly 6% of Glencore’s annual Australian coal output) will be cut from the markets as a result. Seaborne thermal-coal prices remain at… Continue Reading
The Fraser Institute rated the Canadian province of Quebec number one in 2011 for mining companies to operate in. Since then, la belle province has fallen out of the top 10 to rank at 11 last year due to regulation changes which caused certain mining projects to come under scrutiny. Most of the projects that were scrutinized were… Continue Reading
