A look at a few mining headlines out this morning that caught my eye with some additional comments on each. Pretium Resources (PVG:TSX) and Teuton Resources (TUO:TSXV) – The old saying in real estate is location,location, location! The same can be said in mining that the best place to look for a mine is in… Continue Reading
A look at some interesting headlines out this morning with some additional thoughts. Columbus Gold – (CGT:TSXV) – Columbus Gold is expected to start drilling at the Eastside project in Nevada within the week. This will be one of the biggest drilling programs this year by any junior mining company. All bonds and permits have been… Continue Reading
Gold is on the move this morning last at $1207 up $9 as short covering is occurring. Physical demand is also seeing being helped by the upcoming Hindu festival in India. The yellow metal is now up 2.3% year to date. Here are some press releases that caught my eye yesterday afternoon and this morning.… Continue Reading
Eastern Platinum (ELR.to) is selling its PGM assets in South Africa to Hebei Zhongbo Platinum Co. Ltd. for US $225 million in cash. Here is a link to the news release. The market was not expecting substantial value for the assets, as the company was worth roughly $89 million this morning, with $81 million in… Continue Reading
