Last week I bought some Ivanplats at $1.56 thinking it was too beaten up for the calibre of people and projects it has. Summer months are also historically the best times to pick up junior mining shares. I also just learned that IVP Chairman Robert Friedland (who owns some 135 million IVP shares) will be… Continue Reading

“The red earth that dusts the lush vegetation around Simandou marbles the mountain rock is worth a fortune.” A few weeks ago New Yorker published an amazing story: Burried Secrets: How an Israeli billionaire wrested control of one of Africa’s biggest prizes. The article covers businessman Beny Steinmetz’s takeover of the Simandou iron ore project in Guinea,… Continue Reading

“One drill hole changes the game. It’s very hard to decide who gets to make it and who doesn’t. It’s a big gate, and yet very few make it through. But you have to let them try.” — Lukas Lundin “Did you know you were getting the better end of that deal with Kinross?” I… 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

TORONTO — Ivanplats Robert Friedland needs no introduction. For one, he is North America’s greatest mining showman. Second, he is almost surely a billionaire. Third, he is a miner’s mining exec. “He knows his metals, and his black box works,” platinum prospector and Ivanplats board member William Hayden told me the other day over fizzy… Continue Reading

“The lies are screaming to the heavens.” Dan Gertler Earns Billions as Mine Deals Leave Congo Poorest Nation. Bloomberg “With commodity-supply constraints easing, Chinese growth slowing and producer-company returns normalizing,” it is tempting to say the super-cycle is over, Currie wrote. “Current developments are simply the next phase of a commodity-investment cycle that began in… Continue Reading

Meet the Israeli middleman said to have ‘stripped and flipped’ First Quantum’s DRC mine. Mining Good news. Some fees for the street. Sandstorm Gold increases bought deal to $130 million. Yahoo Gold Fields CEO: Reduction in Guidance, Two Operations Are Struggling(video). Bloomberg A Grandmother “Whose Birth Date Could Not Be Confirmed”, Discovered As Brazil’s Wealthiest Woman, Controlling a… Continue Reading

Romney Should be Proud of Private Equity: Kravis. CNBC Ray Dalio’s Q2 Bridgewater Letter Is Out: Here Are The Highlights. Business Insider Blackrock issues downbeat outlook. Financial Times Blackstone Names Baratta as Global Private Equity Head. Dealbook Continuing commodities super cycle not all about China any more. Mineweb The 10 Tallest Skyscrapers That Are Being Built Right… Continue Reading