Mid tear Colombian oil and gas producer Pacific Rubiales Energy (TSX:PRE) today announced plans to buy back up to 10% of their public float, which would cost over $650 million at current prices. Read the press release here. Colombia’s oil producers in general are undervalued, according to the analysts we talk to. Frank Giustra backed Petroamerica… Continue Reading

Copper and silver tycoon and environmentalist Ross Beaty sees stagnant global growth, but strong fundamentals for gold. Here he shares his views, and a few memorable moments in his career — on both sides of the industry. “Comfortable with ambiguity,” says the sign on Pan American Silver chairman Ross Beaty’s office door. It’s a fitting… Continue Reading

Topics include NexGen Energy, Fission Energy, Alpha Minerals and Denison Mines. Recorded April 24, 2013.

Despite dramatic headwinds in both the uranium and exploration industries, Canadian explorer NexGen Energy has cornered the Athabasca Basin’s two best, recent uranium discoveries. On March 11, 2011, the uranium industry was devastated by the nuclear catastrophe at the Fukushima power plant on the west coast of Japan. The black swan event also coincided with… Continue Reading

Pretium Resources Inc (PVG) announce this morning that it has entered into a subscription agreement with Liberty Metals & Mining Holdings, LLC (“LMM”), a subsidiary of Boston-based Liberty Mutual Insurance, to issue to LMM by way of a private placement 5,780,346 common shares of Pretium (the “Purchased Shares”) at a price per share of C$6.92… Continue Reading

Petroamerica Announces Initial Test Results of more than 3,250 BOPD of Light Oil from the Mirador with its Las Maracas-8 Well This is another spectacular well from Petroamerica, our largest position. Press release, Stock quote.

Alpha Minerals Reports 53m of 6.57% U3O8 With 10.5m of 29.26% U3O8 at Patterson Lake South JV, SW Athabasca Basin Industry sources continue to be amazed with the quality of this discovery. Press release, Stock quote.

Rick Rule rules the junior resource world with his checkbook. The acclaimed speculator has been financing mining and energy companies for nearly forty years and has the big scores and scars to prove it. From his perch as chairman of Sprott USA, the world’s best known natural resources & precious metals focused investment firm, Rule… Continue Reading

Paul Reynolds is the president and CEO of Canaccord Financial Inc. (TSX:CF, LSE:CF), a leading financial services firm specializing in wealth management and global capital markets. Established in 1950, Canaccord rose to prominence under the leadership of former CEO and now honorary chairman Peter Brown. For decades, the company was synonymous with Canadian venture capital… Continue Reading

Upcoming feasibility study and bulk sample test could prove mining legend Bob Quartermain has struck gold again with Pretivm’s Valley of the Kings discovery. Pretivm Resources’ (TSX:PVG) Valley of the Kings discovery on the Brucejack property in Northern B.C. is just about the best Canadian gold project in the hands of a development company right… Continue Reading

Alterra Power Corp (C:AXY) Shares Issued 466,374,814 Last Close 4/18/2013 $0.30 Mr. Ross Beaty reports: Ross Beaty, of 1550 — 625 Howe St., Vancouver, B.C., V6C 2T6, acquired ownership of 14.93 million common shares of Alterra Power Corp. on April 17, 2013, by way of a private purchase, made in reliance on the private agreement… Continue Reading

Congo took measures to block exports of the metals to force mining companies to add value to the commodities before shipping them outside the country, Mines Minster Martin Kabwelulu said today in a phone message. Article: National Post

Meet the natural resources industry’s most respected headhunter. Veteran mining CEO headhunter Bill Haldane has used “Diogenes” — the Greek philosopher who reportedly carried a lamp through Athens during broad daylight, looking for an honest man — as a moniker for over 20 years. “Diogenes was an honest, down-to-earth man, and I have tried to… Continue Reading

Today we had a very significant breakdown in the gold market. Market pundits will go through lists of reasons in an attempt to explain gold’s massive plunge below $1500/ounce. While the fundamental reasons are likely to be quite lengthy, the technical explanation is quite simple; gold had tested the $1550 support level multiple times in… Continue Reading

A World of Mining Special – Part 1 of 2 This is a story about Eira Thomas, dubbed the “Queen of Diamonds” for her role leading the geologists who discovered the kimberlite pipes that became the Diavik diamond mine. Diavik, Canada’s second diamond mine, produced 1.9 million carats of the sparkling stones in the fourth quarter… Continue Reading