One of the largest and richest undeveloped gold assets in the world is Continental Gold’s Buriticá project in Colombia, with over 7 million ounces at average grades of over 9 grams gold per ton. The company published a Buriticá development update this morning (here’s a link). Of note, the cross cut at Veta Sur is validating the… Continue Reading

One of Canada’s leading uranium explorers announced assay results from a game-changing drill hole this morning.  NexGen Energy’s AR-14-30 was the first vertical hole drilled at the Arrow discovery, designed to test the upper and lower vertical limits of the steeply dipping high grade mineralization encountered in hole AR-14-15. “AR-14-30 signals the arrival of Arrow as a significant… Continue Reading

* When a major player in the weed space hits the market quietly, opportunities abound for long players You don’t know Bedrocan (TSX:V.BED, Stock Price). You say you do, but you don’t. Nobody does. Why I say this is because, frankly, before having a long, detailed chat with CEO Marc Wayne and CFO Michael Singer,… Continue Reading

Mining Equities and Commodities Continue To Slide Mining equities and commodity prices continued to fall this week; while the TSX composite index fell to as low as 14,570 on Thursday before rebounding to 14,792 on Friday, the TSX Venture continued fall, ending the week below 900 to 880. Gold fell below $1,200 per ounce for… Continue Reading

Plenty to smile about… Vancouver, Canada mining executive Mark O’Dea beat out Endeavour Silver’s Bradford Cooke and Fission Uranium’s Dev Randhawa to win Ernst & Young’s Entrepreneur of the Year Award in the mining category last night. Here’s the BCBusiness story and event photos. While a crippling downturn has crushed the Vancouver mining community in… Continue Reading

As a young boy, long before the hunt for buried treasure in the frozen reaches of the Canadian North and the discovery of one of the world’s richest diamond mines, Gren Thomas’s adventures took place mostly in his imagination. Thomas grew up in Wales, coal mining country. And he was captivated by the exploits of… Continue Reading

Talk to anyone involved in the Canadian diamond business and ask them if they could have convinced banks to raise them $75 million in a bought-deal for their project over the last two decades.  My suspicion is they would respond with a resounding “NO!” Today, shares of Mountain Province (MPV:TSX) resumed trading after the company announced late… Continue Reading

Many people I know, myself included, felt that the Taseko Mines’ friendly bid for fellow Hunter Dickinson group company Curis Resources (CUV:TSX) was lowball.  This morning, we were reminded why a large takeover premium might not have been warranted. Judge Milhasky, the administrative law judge assigned to case No. 12-005-WQAB in the Arizona Office of Administrative Hearings,… Continue Reading

An incredible group of geologists and mining investors have circled Kaminak Gold for its Coffee gold deposit in the Yukon which is heap leachable. Based on the backing of the people involved, it looks like it will be one of the world’s next major gold mines. CEO Eira Thomas is one of the most respected… Continue Reading

If you were around in the mid 1990’s, it’s likely the name BRE-X conjures up some frightening memories. It’s a true rags to riches story that involves murder, international intrigue, arson, and exotic adventure. It’s also a story about a fantastic investment fraud that left once rapt investors, both big and small in humiliating ruins.… Continue Reading

Roxgold (ROG:TSXV) which is developing the ultra high-grade Yaramoko gold deposit in Burkina Faso has been approved by their banking syndicate for the previously announced $75 million debt package. The loan has a term of 6 years and an interest rate of between LIBOR +4.25% and +4.75%.  The mandated banks, which included Societe Generale and Credit Suisse,… Continue Reading

One of the most influential institutional investors in the early stage mining industry, Ms. Diana Walters, has left her post atop Liberty Metals and Mining Holdings LLC, according to a news release from Alderon Iron Ore Corp., a Liberty investee company, where Ms. Walters was serving on the board of directors. By all accounts Ms.… Continue Reading

Two of the most compelling junior mining companies in our universe saw considerable insider buying today, a positive sign for investors in both companies. 1. NexGen Energy – NXE.V -$0.405 NexGen Energy is exploring for uranium in the prolific Athabasca Basin at the 100% owned Rook 1 property. Investors are eagerly awaiting assays results from… Continue Reading

Above: Bert Koth of Denham speaking at Mines and Money Hong Kong in 2012. Denham Capital is a $7.9 billion private equity firm that was founded to focus on domestic E&Ps, but has since expanded to power and mining.  Since its inception in 2004, Denham has invested hundreds of millions of dollars in the natural resources… Continue Reading

Canada’s most western province (BC) has had a rocky history with regards to the ease of doing business in the mining sector.  Despite being one of the most endowed mineralized regions in the world, many large projects have encountered delays and setbacks especially in the areas of environmental and social licensing. The Imperial Metals disaster… Continue Reading