THE CALANDRA REPORT: Subscribe Concordia Resource Corp. – one of Canada’s most puzzling metals equities – is gaining a DRC Congo nickel, copper and cobalt property and another, copper and gold, in Australia. Concordia (CCN in Canada) explains that pending shareholder approval it also shall distribute shares of a new Argentina-focused explorer to shareholders. That’s… Continue Reading

After reviewing most of the corporate presentations from last week’s Denver Gold Forum, some repetitive themes arose: 1.)    Focus on returns: Almost unanimously, the producers claim to be focusing on high-quality operations only and have already, or will look to, dramatically reduce capital spending as well as divest assets that do not meet the margin… Continue Reading

I read a great post yesterday by millionaire VC and blogger Jason Calacanis praising AngelList’s new Syndicates program, which allows any retail investor to team up with prominent VCs over the internet to back new startups. In Jason’s words, here’s how it works: 1. A “power angel” with a solid track record, who provides massive… Continue Reading

This morning, the Peruvian silver developer, Bear Creek Mining (BCM:TSXV), announced that it has received its Environmental and Social Impact Assessment (ESIA) for the company’s Corani silver-lead-zinc project.  The company will now complete detailed engineering and submit construction permits for the project.  This approved ESIA comes less than one month after the company submitted responses… Continue Reading

The World Gold Council has found a new leader; New Gold (NGD:TSX) Chairman, Randal Oliphant.  Mr. Oliphant succeeds Ian Telfer, the Chairman of Goldcorp who has been the Chairman of the World Gold Council since being elected in September 2010.  Randall Oliphant sits on the board of Franco-Nevada and was, previously, the President and CEO of Barrick… Continue Reading

This morning graphite developer, Mason Graphite (LLG:TSXV) announced some surprising results which are not likely to be picked up by the markets.  The company received results from the preliminary purification of the graphitic carbon concentrates from the company’s Lac Gueret project located in Quebec.  Using conventional hydrometallurgical processes, in lock cycle tests, the company received… Continue Reading

Ivanhoe Mines (IVN:TSX) intends to raise up to $108 million for the development of its Kamoa copper discovery and Kipushi copper-zinc project, both located in the Democratic Republic of Congo’s Katanga province.  The raise is comprised of 50 million Class A common shares at a price of $2.00 per share.  Billionaire founder and Chairman, Robert… Continue Reading

Of the 2000 junior resource companies we track, very few have the strength of Continental Gold Corp. It has over $130 million in the bank, analysts believe its 5.5 million ounce Buriticá high-grade gold deposit in Colombia will become a cash cow, its technical and management teams are well-experienced, and when the deposit gets permitted… Continue Reading

Burkina Faso gold developer, True Gold Mining (TGM:TSXV) received its environmental permit for its Goulagou I, Goulagou II and Rambo deposits which make up the company’s Karma gold project.  The next and final step to bring Karma into production is the receipt of the exploitation permits which the company expects getting in 2 months.  In… Continue Reading

Red Kite founder Oskar Lewnowski has spun out a $1.1bn mining fund from Red Kite, the mine finance firm he co-founded: Metal commodities specialist investment manager Red Kite Group facilitated a move by one of its founding partners, Oskar Lewnowski, to spin out the private equity fund he managed, RK Mine Finance Fund II, to… Continue Reading

Global demand for platinum as an investment has increased 30x since 2003. Learn about platinum’s investment potential in Part 3 of The Platinum Series. VC Infographic | Platinum Series: Platinum as an Investment http://t.co/7AcI5FCrnu — Visual Capitalist (@VisualCap) September 19, 2013

NGEx Resources (NGQ:TSX) released an updated resource estimate for its Los Helados copper-gold porphyry project.  The project is a large, low-grade, bulk tonnage copper-gold porphyry system located on a contiguous land package that the company holds in Chile’s Region III.  The company completed an additional 32 holes and over 32,200m which was completed earlier this… Continue Reading

Another good sign for the resource equity markets; Paul Matysek’s Goldrock Mines (GRM:TSXV) quietly raised $9.24 million by way of strategic investment by Austral Gold (AGD:ASX) consisting of units at $0.80 per share (with an $0.80 warrant).  This represents a 51% premium to yesterday’s closing price.  After closing, Austral will own approximately 15% of Goldrock.  Austral’s… Continue Reading

After today’s Fed bombshell all eyes are now focusing back towards the mining & resource space. I have selected four charts (two seniors and two juniors) that contain a significant amount of risk-adjusted potential: Click to enlarge ABX FCX CNL.TO EDV.TO ABX and FCX hold anywhere from 10-50% of short-to-medium term upside, whereas CNL and… Continue Reading

This week 34 year old Sandstorm Gold (NYSE:SAND) CEO Nolan Watson bought approximately $50,000 worth of his Sandstorm Metals and Energy stock in the open market, according to INK Research, bringing his total ownership of the Sandstorm Gold spinoff to 159,399 shares, or approximately half of one percent of the company. Last September, Nolan and… Continue Reading