I still own all of the shares from my first ever private placement. It was 1994, and I was working for Lac Minerals at the Red Mountain project, which I now manage for IDM Mining Ltd. (IDM.v). A few kilometers to the east of us, my Uncle Don McLeod had the Willoughby gold project in… Continue Reading

Accomplished natural resources investor Frank Giustra has two long term investments in the junior energy sector, Colombian focused Petroamerica Oil (PTA.v), and European focused Petromanas Energy (PMI.v). Disclosure note, I own both of them. In early trading Monday, one of these companies was climbing strongly, while the other was heading in the wrong direction. Confirmed… Continue Reading

If you’ve been watching the medical marijuana market from afar these last few months, wondering when the rubber might hit the road (or if it might skid off into a wall), today is the day that many of your questions will be answered. In the movie business, the last thing you want is two huge… Continue Reading

Well known investor Frank Holmes of US Global Investors took some time to talk to us this week (MP3 Link here), and the ‘always on the go’ dynamo was enlightening on many topics.  For those of you who are unfamiliar with Frank’s company, US Global Investors is a registered investment advisor with a unique expertise… Continue Reading

Gold Ignores Geopolitical Concerns – Drops On U.S. Economic Data Despite the ongoing geopolitical issues in Iraq and Syria, Eastern Europe and Gaza, gold dropped well below the $1,300 per ounce mark during the week, finishing at $1,281 per ounce on Friday. The drop in gold price follows positive U.S. economic data during the week,… Continue Reading

Don Argus, led BHP for over a decade, growing the company from US$12 billion market capitalization to over US$200 billion with his tenure ending in 2010. On Thursday the market valued BHP at $US189 billion. Mr. Argus became Chairman in 1999 after leaving his post as the CEO of National Australia Bank and oversaw the Billiton merger… Continue Reading

For over a year we’ve been following NexGen Energy’s (NXE:TSXV) potential to discover the next high-grade uranium deposit. Last week, we attended the inaugural analyst site visit at their high-grade uranium discovery called Arrow, at Rook I, the company’s Northwest Saskatchewan project in the Athabasca Basin, home to the world’s richest uranium mines. The project… Continue Reading

In a unique and creative move, Kaizen Discovery (KZD:TSXV) is hosting a reception in Vancouver that is open to all mineral exploration and development companies with quality assets in the Americas (with a particular focus on Latin America) in the hopes of sourcing new assets. The ‘build it and they will come’ approach. B. Matthew… Continue Reading

I would venture to say that many readers were unaware that the largest primary silver mine by annual production on the planet is in the hands of Australian iron ore and coal juggernaut, BHP Billiton. That mine is known as Cannington and produced over 31 million ounces of silver in 2013.  More than any other mine in the world.  It is the tenth largest… Continue Reading

Colombian focused E&P Petroamerica Oil (TSXV:PTA) filed their financials last night and provided an operational update (Here’s the news release). This is the first from PTA since they successfully acquired Suroco Energy in July in a hotly contested takeover contest. The company reported a substantial increase in reserve numbers on the newly acquired Suroco assets. These numbers increased significantly in a… Continue Reading

Coming off their best drill hole to date (AR-14-15 which hit up to 55.8% U308 over 0.45 metres) as well as the inaugural site visit to their Rook I property that had the analyst crowd very excited, NexGen Energy (NXE:TSXV) continued their successful summer program by announcing the next batch of preliminary drill results from… Continue Reading

By Henry Bonner (hbonner@sprottglobal.com)   Pierre Lassonde is one of the ‘superstars’ of the resource sector. He co-founded Franco-Nevada, the largest royalty and streaming company in the mining sector. The company was acquired by Newmont Mining in 2002, and then split off in ’07 at a value of $1.2 billion. Its current market cap is… Continue Reading

I woke up to some good news this morning.  As a shareholder of Roxgold (ROG:TSXV) I was pleased to see the news that the company had been granted their Environment and Social Impact Assessment (ESIA) from the Government of Burkina Faso just four months after first applying for it. “Where else can you do that?”… Continue Reading

Invest Northern Ireland, which is a regional business development agency and part of the European Regional Development Fund, has offered Dalradian Resources (DNA:TSX) 326,000 pounds sterling ($590,000) worth of job training support in order to expedite the development of the Curraghinalt gold mine located in Northern Ireland. Patrick F.N. Anderson, Dalradian’s CEO, commented: “Our board,… Continue Reading

This morning, one of the best performing and fastest growing copper companies in the world, First Quantum Minerals (FM:TSX), closed their acquisition of Ross Beaty’s Lumina Copper and the behemoth Taca Taca copper project.  That company was the sixth and final iteration of the Lumina Group companies to be developed and sold under the guidance of… Continue Reading