Dundee uranium guru Dave Talbot did little to hide his excitement for Fission Uranium’s drill results yesterday, titling an update to the firm’s clients, “Wow. This is New. Another Zone and New Target Areas.” Reminds me of a certain double rainbow… Only weeks into the summer drill season Fission Uranium has already hit some big… Continue Reading
NexGen Energy, the latest uranium exploration company to discover shallow and high-grade mineralization in the Athabasca region of Saskatchewan, released more impressive results this morning from a summer drilling program at its Arrow target on the Rook I property. After drilling a total of 22 holes, the Arrow target has a mineralized strike length of… Continue Reading
The last word at Brent Cook’s exploration panel at the Sprott conference last week belonged to geologist Miles Thompson, currently chairman of Resevoir Minerals, developing one of the world’s richest undeveloped copper deposits in Serbia, and is CEO of Lara Exploration, which explores for minerals in Brazil and Peru. Mr. Thompson is someone highly respected by Mr. Cook,… Continue Reading
– Bedrocan will be the second licensed MMJ producer to go public in Canada (mid August expected) – Bedrocan has ten years of overseas experience (not a flash in the pan company) – Market leader Tweed may lose its number one value spot, pundit says Much as they did during the dotcom boom, this year,… Continue Reading
After being halted in the morning, Belo Sun (BSX:TSX) which is developing the 7.2 million ounce Volta Grande gold project in Brazil announced that the Federal Court of Appeal in Brasilia ruled that the company’s preliminary licence is fully valid and in force. Shares are up 14% on 905,000 shares traded since resuming after the news this morning.… Continue Reading
Today, BNN Anchor Andrew Bell was joined by Roxgold’s President and CEO John Dorward (click image above to watch the interview) to discuss the Yaramoko project and some of the reasons his company’s shares are up nearly 100% year-to-date. We highlighted those reasons in an interview we did with Mr. Dorward a few weeks ago (Read: This Gold Developer Punches Above Its… Continue Reading
According to reports this morning, the world’s largest steel maker (ArcelorMittal) and the world’s largest mining company (Glencore Plc) are two of the parties interested in bidding for a piece of the Simandou iron-ore project in Guinea which is the biggest undeveloped iron-ore projects on the planet. The Simandou project has been somewhat of a ‘white buffalo’ and has… Continue Reading
Peter Koven of the Financial Post reminds us why he is one of the best mining reporters, distilling Cameco’s Cigar Lake uranium mine, one of the most complicated and significant mining operations on earth, down to a succinct 61 second video. Watch it over at FP’s site, or read the transcription below. “The cigar lake… Continue Reading
THE CALANDRA REPORT: Sample & Subscribe Today is our daughter’s birthday, 15 years, and here I thought I’d have a Michigan portfolio parcel at her door. I just spoke with Mike Carr at Bitterroot Resources. Deviation is a bad thing in exploration drilling. It ends with no birthday present from Michigan. The meta-sediments at Bitteroot… Continue Reading
Avanti Mining (AVT:TSX) has been a dog for the better part of four years with the share price collapsing from a high in 2010 of $0.37 to a low in April of $0.04 per share. After securing their mining permit and signing off with the First Nations groups in the area this past June, the company announced today… Continue Reading
After the markets closed today, Mason Graphite (LLG:TSXV), the company that is developing the Lac Gueret graphite project in Quebec announced the results of recent drilling and they are impressive. In hole LG-491 the company intersected 98 metres of 29.8% carbon as graphite (Cg) including an interval of 56 metres of 36.2% Cg with mineralization starting from surface.… Continue Reading
As we have mentioned in numerous articles on CEO.CA, the Canadian diamond exploration sector is piquing the interest of investors for the first time in many years. Today, Canadian business billionaire and legend James (Jimmy) Pattison of The Pattison Group ($8.1 billion in sales last year; everything from car dealerships to billboards to forest products) announced… Continue Reading
After Asanko Gold (AKG:TSX) recently announced that its Board of Directors approved the Phase I build of their gold mine in Ghana, the company released better than expected metallurgical test results from the satellite, Dynamite Hill, deposit. On July 17, Asanko announced that they got the green light to build Phase I of their Asanko Gold Project which… Continue Reading
Roughly $70 million in market capitalization has been wiped off Petromanas Energy over the past two weeks, as shares in the Albanian focused oil and gas explorer have tumbled from $0.335 per share July 16th, 2014 to $0.235 at press time, despite no news over the same period. The company is currently drilling the Molisht-1… Continue Reading
It’s the end of an era on Vancouver’s Howe Street, the on-again off-again junior mining capital of the world, with the resignation of J. Francis “Frank” Callaghan as CEO of Barkerville Gold Mines, a role he had occupied since 1991. Mining engineer and current Barkerville Chairman Norman Anderson has been appointed temporary CEO of the BC explorer… Continue Reading
