Lucara shares are trading at all-time highs, approaching $2.00/share (up over 184% in the past 12 months)! After officially becoming the only Lundin Group dividend payer, Lucara Diamond (LUC:TSX) announced they have recovered an astounding 13 diamonds that are larger than 100 carats each, including 2 that exceeded 200 carats each (the five largest gem-quality… Continue Reading

“Our financing is sold out, and the books are closed baby !” Via email to CEO.CA at 8:47am EST today. Sent from my iPhone

Petromanas Energy (PMI:TSXV) is a junior oil company exploring for light oil on shore in Albania in a partnership with energy super major Royal Dutch Shell. Earlier today the company’s shares closed at a multi-year high of $0.30, on the back of a slew of bullish analyst and newsletter coverage in recent weeks. After market today… Continue Reading

(Today’s financing represents a 9% discount to the close and a 25% discount to the last financing) Only a few days after Robert Friedland’s Ivanhoe Mines (IVN:TSX) released their first quarter 2014 report which drew concerns from reporters, investors and analysts, alike about an apparent capital crunch; the company announced today that it has secured a… Continue Reading

A few weeks ago we interviewed Michael Scherb, the young founder of London-based mining private equity fund Appian Capital Advisory LLP.  In that interview Mr. Scherb told us, he saw tremendous value in the mining sector and aimed to allocate $150 million in select public and private companies this year. Well, Mr. Scherb continues to deliver on his promises.  On… Continue Reading

Undervalued Colombian oil play Petroamerica Oil Corp (TSXV:PTA) has grown its exploration portfolio this morning, just three weeks after taking out a smaller competitor, Suroco Energy, to grow and diversify its asset base. The company is acquiring a 50% interest in the Llanos-19 block from a division of Pacific Rubiales, Colombia’s largest non state owned… Continue Reading

As stated in our article yesterday, Ivanhoe Mines is currently (emphasis on currently) under capitalized to move Kamoa and Kipushi forward with major developments until the company secures some sort of financing for them.  However, as we stated, these two projects are absolutely world-class and they are controlled by Robert Friedland which means they will be financed in one way or another soon (joint venture, spin-off, equity, strategic investor).… Continue Reading

Robert Friedland’s Ivanhoe Mines (IVN:TSX) could get caught up, if not already, in the mess that is the South African platinum industry today.  The company filed their  mining right application for the Platreef project in June 2013 and if they do not receive it by the end of this month, all activities at the project will have to… Continue Reading

In a report forwarded to CEO.CA by resource tycoon Robert Friedland, the Colorado based research firm, IHS Inc. says that zinc demand will gain new strength from its use as a micronutrient in agriculture which will help increase crop yields.  According to the report, the global population is on trend to exceed 9 billion by… Continue Reading

After 3 years of negotiations and court rooms, Bear Creek Mining (BCM:TSXV) has received a very positive court ruling which states that their rights were violated when the Peruvian government passed a supreme decree in 2011 that essentially took all legal rights away from Bear Creek with regards to their Santa Ana project.  The Lima First… Continue Reading

Colombian gold developer and winner of the Mining Journals 2013 Exploration Award, Continental Gold (CNL:TSX), which is developing the multi-million ounce high-grade Buritica gold project released their updated mineral resource estimate.  The estimate saw total gold ounces increase by nearly 1/3 (~30%) from 5.4 million ounces to 7 million ounces.  M&I ounces increased by over… Continue Reading

(Shares of Parex are up nearly 110% in the past 6 months amid continued successful production growth) Parex Resources (PXT:TSX) has agreed to purchase privately held Colombian light oil producer, Verano Energy Limited, in a cash and stock deal valuing Verano at $198 million or $1.25 per share (net).  This deal appears to be beneficial for both companies as… Continue Reading

Petromanas Energy is drilling one of the most highly anticipated oil wells in the world today, the Molisht-1 well in Albania, which has the potential to transform the Calgary-based junior oil company, if good results hit the market in Q3 of 2014. Backed by noted resource financier and philanthropist, Frank Giustra, and partnered with energy… Continue Reading

Continental Gold’s Buriticá project is Colombia’s most valuable gold deposit currently advancing towards production. The company is aiming to have over 10 million ounces of gold by 2015 and be in production by 2017, according to their latest corporate presentation. The Buriticá project covers a large area home to many illegal small scale miners, four… Continue Reading

One of the best performing junior mining stocks of 2014 has been NioCorp Developments Ltd., a Vancouver, Canada based company which owns the Elk Creek niobium deposit in Nebraska (niobium is a steel strengthening and lightening alloy). Shares in NioCorp are trading at $0.63 Monday after reaching $0.78 a few days ago. They could be… Continue Reading