Riverside Resources (RRI:TSXV), the North American focused prospect generator, announced their plans for 2014 this morning.  The company highlights the strategic partnerships created in 2013 and how they intend to build on them in 2014 and beyond.  During 2013, the company secured two new strategic alliances with Antofagasta and Hochschild for gold and copper prospects… Continue Reading

CRITICAL UPDATE: Allied Nevada has called into question the credibility of the offer from China Gold Stone Development… ANV data by YCharts China Gold Stone Mining Developments Ltd., which owns three gold mines in China, began a tender offer for all of Allied Nevada’s outstanding shares for $7.50 per share in cash. The move represents… Continue Reading

Lucara Diamonds (LUC:TSX), the African diamond producer and Lundin Group company, announced its 2014 operational and financial outlook.  The company is forecasting revenues of $150 – $160 million in 2014 on 400,000 – 420,000 carats of diamonds being sold.  This includes the assumption that Lucara will have two ‘exceptional’ stone tenders, although this may be conservative given… Continue Reading

Mason Graphite (LLG:TSXV) is coming off a transformative 2013 whereby the company released an initial preliminary economic assessment (PEA), completed a large, 24,345m drill program and grew their initial resource base by 658% to over 50 million tonnes at 15.6% graphite.  This morning the company announced another milestone, with the signing of a letter of intent to acquire 40% of the… Continue Reading

VANCOUVER – Goldcorp Inc. (TSX:G) is making a $2.6-billion takeover play for Montreal-based Osisko Mining Corp. (TSX:OSK), which has an operating mine in northern Quebec and other projects in Ontario. Vancouver-based Goldcorp, which rivals Barrick Gold (TSX:ABX) in size, is offering a combination of stock and cash that values Osisko at C$5.95 per share —… Continue Reading

We spend a lot of time focusing on gold, however, its little brother silver is currently in a much more interesting situation from a technical perspective: Click to enlarge There is substantial promise in the silver chart: Strong support clearly exists around and just below the $19 level Bullish momentum divergence at December low ($18.72)… Continue Reading

Haywood Securities’ Chairman, John Tognetti, has added 2.4 million shares to his position in Mirasol Resources (MRZ:TSXV) which brings his total position to over 7.9 million shares or roughly 25% of the company.  Mr. Tognetti has been a supporter of Mirasol for a number of years and clearly continues to have his conviction about the… Continue Reading

The man at the helm of Molycorp for 15-plus years, who helped to ignite a mania in the rare earths industry just five years ago, has bet big on a niobium project originally discovered by Molycorp. Mark A. Smith has invested over $1.3 million personally for 8.4 percent of NioCorp Developments (TSXV:NB), which owns the… Continue Reading

Petroamerica (PTA:TSXV) announced exciting news just after market today with two new oil discoveries made in Colombia.   The discoveries were made on the El Eden block (40% working interest with PXT 60% operated interest) in the prolific Llanos Basin of Colombia.  At their La Casona 2 well the companies discovered 545 barrels of light 47 degree… Continue Reading

Fission’s President, COO and Chief Geologist, Ross McElroy, has won the highest accolade for Canadian exploration success this year handed out by the Prospectors and Developers Association of Canada (PDAC).  The award known as the Bill Dennis Award traces its roots back to 1977 and is handed out to a person(s) who either make an important mineral… Continue Reading

Companies in the resource business take note; bring the right deal to the table and BMO and GMP will find you the money.  Hudbay Minerals (HBM:TSX) announced today that they have secured a $150 million bought deal financing being led by GMP and BMO.  The financing was announced at $8.25 per share (only a small discount to… Continue Reading

The uranium explorer NexGen (NXE:TSXV), who is actively searching for the next Patterson Lake South-style discovery in Saskatchewan, has received all analytical results from there +3,000m summer drill program on their Rook I project which is located 2.1km up strike of Fission’s (FCU:TSXV) Patterson Lake South (PLS) discovery. Uranium was confirmed at Rook I in hole RK-13-05… Continue Reading

Drilling is successfully continuing in Colombia for Continental Gold (CNL:TSX) and the company has released assay results for 11 drill holes from the Veta Sur and eastern Laurel vein systems at their high-grade Buritica project.  These results are part of the 2013 program and the company expects to continue to deliver robust resources as well… Continue Reading

After announcing an oil discovery at the Shpirag-2, which had initial flow rates of 1,500 to 2,200 barrels of oil equivalent per day (boe/d), Petromanas (PMI:TSXV) has informed the Albanian government, as per their Production Sharing Contracts, that Blocks 2-3 hold an oil discovery.  Given the success of the discovery at Shpirag-2, this announcement shouldn’t come… Continue Reading

On Fire: ALQA, CUR, SVV, BCRX, Gold & More THE CALANDRA REPORT: Subscribe We send this update from Active Trading Partner’s David Banister, whose analysis thus far is superb. We have been tracking the 48-year-old New England writer’s work on ALQA for about four weeks. Also, CUR. Plus: metals equities, including Almaden Minerals (AAU in… Continue Reading