He pays little attention to the daily trading noise, or to prophesies that the commodity supercycle is over. Even on a day when gold is nosediving, he remains bullish about the five- to 10-year prospects as long as monetary expansion and currency volatility remain rampant – and China, he feels, has come back nicely. Gold,… 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

Seven months after the B.C. Securities Commission slapped a cease-trade order on shares of Barkerville Gold Mines (BGM), the stock remains halted. The regulatory slapdown came after Barkerville, helmed by Frank Callaghan, proclaimed an NI 43-101 resource estimate of 10.6 million gold ounces, indicated, for its Cow Mountain project and the “geological potential” for 65 to 90… Continue Reading

The Toronto-listed stock of Allied Nevada ($ANV), which operates the Hycroft silver/gold mine near Winnemucca in north-west Nevada, on Tuesday spiked by more than 30%, after it released preliminary operational results for the first quarter ended March 31.  Article: Henry Lazenby, Mining Weekly

Lumina Copper on Tuesday announced a preliminary economic assessment that gives the Taca Taca project in Salta, Argentina a net present value of $2.1 billion, assuming a discount rate of 8% and $2.75/lb copper, and after-tax internal rate of return of 17.2%. The assessment includes substantial gold and molybdenum at assumed prices of $1,200/oz Au… Continue Reading

Petroamerica Oil Corp (C:PTA) Shares Issued 580,721,594 Last Close 4/8/2013 $0.305 Petroamerica Oil Corp. has provided preliminary drilling results for its Las Maracas-8 well on the Los Ocarros block, and provides the results of selective testing for the La Casona-1 well on the El Eden block, Colombia.

Alpha Minerals Inc (C:AMW) Shares Issued 20,400,561 Last Close 4/8/2013 $4.10 Alpha Minerals Inc. has entered into an agreement with Salman Partners Inc., Cormark Securities Inc. and Raymond James Ltd. pursuant to which the underwriters have agreed to underwrite the offer and sale of 1.2 million flow-through shares and 500,000 non-flow-through units of Alpha Minerals… Continue Reading

by Stockwatch Business Reporter Richard Angus Bruce McDonald, the promoter who found the Casa Berardi gold mine in Quebec, has died, age 73. His colleagues will remember him dearly as a capable fundraiser, an admired mentor and a kind friend. Mr. McDonald is credited with turning around a 1980s mining market that was cooling off… Continue Reading

“The premise of Haywood being in any difficulty is both ludicrous and woefully uninformed.” Kevin Campbell, the well respected Haywood Securities Managing Director sounds off in the Gold Report today, defending both Canada’s junior resource industry and his firm. Here are a few key paragraphs: “The Canadian mining marketplace is not in danger of being replaced… Continue Reading

Gina Rinehart is Australia’s richest—and most controversial—billionaire. We had missed this fascinating New Yorker profile of Gina Rinehart, Australia’s wealthiest person, the second generation iron ore prospecting titan, who, along with her father, deserves much of the credit for developing the Pilbara (pronounced: Pilbra), one of the richest iron ore finds in the world, located… Continue Reading

A steady lift of supply from Australia and a moderation in demand growth from China will put pressure on the number one steelmaking input over the next three to five years, analysts say. “Prices will slump as much as 34 percent to $90 a ton by the end of December, according to the median of… Continue Reading

On a day when junior resource stocks are getting absolutely hammered, Alpha Minerals (TSXV:AMW) has announced the first official coverage of the company, by Rob Chang, Cantor Fitzgerald, with a BUY (Speculative) recommendation. At press time, shares in the Athabasca Basin focused uranium explorer were off 12.3% or 57 cents to $4.06. Considering Chang’s recommendation was at… Continue Reading

Robert Friedland’s Ivanplats has summarised the latest data on its exciting Kamoa, Platreef and Kipushi mining projects.  Article: Lawrence Williams, Mineweb

“We were almost killed several times,” Frank Giustra tells me. He’s recalling his first trip to Colombia in 1994 with his friend Serafino Iacono. FARC guerrillas and cocaine traffickers had made the country the most dangerous in the Americas, but it seemed like nothing could stop the two young natural resource promoters’ quest for the… Continue Reading

Amid the felled chief executive officers, shelved projects, tens of billions of dollars that won’t be spent and the barren lines of credit, miners are finding a reason to smile. The very excesses that put them where they are today will help to ease their pain. Equipment and talent are becoming easier to procure. Article:… Continue Reading