Teck Resources (TSX:TCK.B) CEO Don Lindsay made a brilliant comment on BNN Television earlier about long life mining assets. “Whether it’s copper, whether it’s oil, whether it’s zinc, it’s a cyclical business, and you know that you’re going to get all of your money back in 2 or 3 good years. What you don’t know… Continue Reading

Rules of Thumb for Junior Mining Speculators —A Light at the End of the Tunnel by Brent Cook. Initially published by Streetwise Reports (The Gold Report–1/13/14) www.explorationinsights.com As we all know, for most speculators and investors the past few years in the mining and exploration sector have been disastrous. However, there are a number of fundamental trends… Continue Reading

Colombian copper-gold explorer, Cordoba Minerals (CDB:TSXV) has announced plans to raise $12 million to finish acquiring the Cordoba project and other exploration work being done there and the San Matias proejct.  And, guess who is behind this financing?  If you guessed GMP Securities, you are right.  This financing is being done on a best efforts basis… Continue Reading

NioCorp Developments Ltd. (TSXV:NB) has announced a private placement at 20 cents to raise $10 million. The company’s share price has been on a tear over the past ten days, climbing from $.15 on January 6th, to close at $.275 today. NioCorp CEO Mark Smith was featured in an interview on CEO.CA last week, and… Continue Reading

Encanto Potash (TSXV:EPO) Chairman Gordon Keep anticipates an off-take agreement between his firm and a consortium of India potash importers will be ratified in the first quarter of 2014. Details of the agreement first surfaced in January 2013 and again in June, 2013 on an Indian government Web site, calling for 1.8 to 2 million… Continue Reading

GMP data by YCharts If GMP Securities’ business is fully integrated in the resource space, then you could reasonably expect the shares of the company to mirror the resource markets at large, especially the Canadian junior space (granted, many assumptions need to be made). GMP runs a, predominately, institutionally-focused business whereby they underwrite or advise resource companies.  So their… Continue Reading

The former CFO of Energy Fuels (EFR:TSX), Graham Moylan has decided to go back to the sell-side by accepting a position as Managing Director, Investment Banking at Cantor Fitzgerald.  Prior to Energy Fuels, Moylan spend seven years at Dundee Capital Markets in investment banking.  He will join Rob Chang, one the foremost experts in the… Continue Reading

Riverside Resources (RRI:TSXV), the North American focused prospect generator, announced their plans for 2014 this morning.  The company highlights the strategic partnerships created in 2013 and how they intend to build on them in 2014 and beyond.  During 2013, the company secured two new strategic alliances with Antofagasta and Hochschild for gold and copper prospects… Continue Reading

CRITICAL UPDATE: Allied Nevada has called into question the credibility of the offer from China Gold Stone Development… ANV data by YCharts China Gold Stone Mining Developments Ltd., which owns three gold mines in China, began a tender offer for all of Allied Nevada’s outstanding shares for $7.50 per share in cash. The move represents… Continue Reading

Kevin McArthur’s, Tahoe Resources (THO:TSX), which has endured all of the woes of starting up a precious metals mine in a restless Latin country, announced this morning that it has reach commercial production levels at its Escobal silver mine in Guatemala.  The Escobal mine reached 3,000tpd on its way to the design capacity of 3,500tpd.  The… Continue Reading

Indonesia, considered the Saudi Arabia of nickel production, has banned exports of unprocessed material, meaning domestic producers won’t be able to ship their cheap ore to China for processing anymore. The move has huge implications for the global nickel market, according to the Financial Post’s Peter Koven: Miners in Indonesia have provided roughly a quarter… Continue Reading

VANCOUVER – Goldcorp Inc. (TSX:G) is making a $2.6-billion takeover play for Montreal-based Osisko Mining Corp. (TSX:OSK), which has an operating mine in northern Quebec and other projects in Ontario. Vancouver-based Goldcorp, which rivals Barrick Gold (TSX:ABX) in size, is offering a combination of stock and cash that values Osisko at C$5.95 per share —… Continue Reading

An edited version of this story was first published in the Globe and Mail. The man who recently left his job as head of Sprott Resource Corp. says he has yet to sell a share in the company. Kevin Bambrough, who exited his role as the chief executive of Sprott Resource Corp., as well as… Continue Reading

Haywood Securities’ Chairman, John Tognetti, has added 2.4 million shares to his position in Mirasol Resources (MRZ:TSXV) which brings his total position to over 7.9 million shares or roughly 25% of the company.  Mr. Tognetti has been a supporter of Mirasol for a number of years and clearly continues to have his conviction about the… Continue Reading

Kitco News speaks with Exploration Insights’ Brent Cook on this edition of “Mining Minutes.” Cook says that a lot of mining 4Q results will “meet or beat expectations.” He adds that 2014 will be a good year for investors to position themselves to make money. “I don’t expect this to be a great year for… Continue Reading