Depending on how you look at it, the copper business will either be a great place – or a scary place to be in the coming years. This from octogenarian Dave Lowell, arguably the most successful mineral explorationist in history, with the discovery of eighteen ore bodies credited to him, including Escondida, the world’s largest… Continue Reading
By Frank Holmes CEO and Chief Investment Officer U.S. Global Investors Commodity returns vary wildly, as experienced resource investors can attest and our popular periodic table illustrates. This inherent volatility can spell opportunity for the nimble investor who can look past the mainstream headlines to identify hot spots. Our global resources expert, Brian Hicks, CFA,… Continue Reading
As the S&P 500 flirts within 1% of fresh all-time highs, investor sentiment remains ebullient: Click to enlarge Meanwhile, the market leading small caps have begun to noticeably underperform large caps: And the longer term chart of the Russell 2000 (IWM) offers a picture of a market near a potentially decisive turning point as it… Continue Reading
Ivanhoe Mines published a positive Preliminary Economic Assessment (PEA) for the Platreef project in the Northern Limb of the Bushveld Complex in the South African province of Limpopo. The Platreef mine is projected to be the lowest cost producer of platinum-group metals in Africa, home to over 70% of the world’s production. Key features of the… Continue Reading
> Try Tickerscores free for 14 days The North is interesting from a mining exploration perspective in several ways. First, because it is vast and unexplored, the potential for finding a mega discovery is certainly a possibility. It is no secret that millions of ounces of placer gold have been mined in the Yukon since the… Continue Reading
Proponents of the relatively new crypto-currency, Bitcoin, have long boasted that the system was secure. Onlookers at the recent Vancouver Resource Investment Conference might have seen a company called Greenbank Capital (GBC:CSE) on display, with Director Mark Wettreich telling attendees that his company was betting on Bitcoin because, among other things, it was secure. “How… Continue Reading
Growing disinflationary headwinds are likely to push the European Central Bank (ECB) toward launching a 300-500 billion euro asset purchase program on Thursday morning. Such a monumental shift in monetary policy posture from the ECB could deliver an outsized impact to global financial markets (although we have clearly seen some front running of this announcement… Continue Reading
They just wouldn’t have it. The Conservative Canadian government wanted a new outside competitor to start driving prices down in the local communications market, and Verizon was making all the right noises, but the big Canadian telcos just wouldn’t let it happen. The jury is out on whether admitting a company like Verizon (VZ:NASDAQ) into… Continue Reading
I highly recommend readers who will be in Toronto this weekend to check out an exclusive and boutique investment conference happening at the Downtown Toronto Hilton on Richmond Street West this Saturday March 1, 2014, the day before the PDAC convention begins. The 2014 Subscribers Investment Summit is hosted by three of the junior resource sector’s most… Continue Reading
Elephant hunting for huge international oil plays usually means going into (very) politically risky areas. That’s what makes junior Petromanas (PMI-TSXv) stand out from the crowd. They’re chasing a potential 500-800 million barrel target in Europe—Albania to be exact. Lots of energy investors are familiar with Bankers Petroleum and their heavy oil play there—it’s the… Continue Reading
Facebook sees an opportunity to integrate a company called Whatsapp into its array of offerings so it decided to pay as much as a whopping $19 billion for a company that loses money. An excerpt from the CNN Money article: “Zuckerberg said he doesn’t anticipate trying to aggressively grow WhatsApp’s revenue until the service reaches… Continue Reading
NexGen Energy (TSXV:NXE) announced a potential uranium discovery in the SW Athabasca Basin region of Northern Saskatchewan yesterday. Visible uranium was seen in the first hole drilled into the Arrow target at the Western side of NexGen’s Rook 1 project, which caused shares in the junior explorer to rise over 90% Wednesday. “There’s an element of luck,”… Continue Reading
It’s really humiliating to ask for money from people. When I was a venture capitalist I hated everyone who asked me for money. And I hated my partners who pretended like they had the ability to make important life or death decisions over people. All we really wanted to do was make a lot of… Continue Reading
Coming off of their recent successful acquisition of PMI Gold, Asanko Gold (AKG:TSX) announced its development strategy for the development of the Ghana gold projects. The company now holds the capability of producing over 400,000 ounces of gold per year (from zero currently) within 5 years. Asanko successfully acquired PMI Gold in order to consolidate the Obotan and Esaase development… Continue Reading
I joined CNBC Africa during the Mining Indaba convention last week in Cape Town, South Africa. Interviewer Svetlana Doneva and I discussed Canada’s leading role in mineral and energy exploration and development on that continent, which I credited to our intellectual property and technology, as well as the Canadian style of entrepreneurship, which lends itself… Continue Reading
