Yesterday, Australian-listed Papillon Resources (PIR:ASX) was halted at the company’s request pending a “potential corporate transaction”.  If Papillon is part of a larger producers’ M&A mandate, then it would represent the 3rd such gold transaction in the past 2 weeks. Last week saw Rio Alto make a friendly, $300 million, bid for nearby Sulliden Gold and… Continue Reading

Endeavour Mining Delivers 324k oz in 2013, Forecasts 400k to 440k oz in 2014. All in costs: $985-$1070 Today, after the Canadian markets closed, Endeavour Mining (EDV:TSX) released their 2013 fiscal year end numbers as well as an official outlook for fiscal 2014.  The company produced a total of 324,275 ounces of gold in 2013 which… Continue Reading

Endeavour Mining (EDV:TSX), the African gold miner, that currently operates three mines in West Africa has announced commercial production has been reached at its fourth mine; Agbaou in Cote d’Ivoire.  The company expects to grow production by 1/3rd this year, to approximately 400,000 ounces (up from 300,000 ounces in 2013) while reducing all-in costs per ounce below… Continue Reading

Kaizen Discovery (KZD:TSXV) has closed its initial 49% earn-in for the Fairholme copper-gold porphyry exploration project in central New South Wales, Australia (Clancy Exploration owns remaining 51%).   The Fairholme project is located on the Fairholme Igneous Complex.  The company can earn up to 65% in the project by spending $4 million on the ground over the… Continue Reading

Endeavour Mining Corp. | 413,043,293 Shares | $227,174,000 Market Cap | $.415 – $2.34 Year Range | $.55 Last Trade I called Endeavour Mining’s Vancouver office this afternoon for an update from the operator of three African gold mines. SVP of Business Development Doug Reddy returned my voice mail moments later with the following update:… Continue Reading

Fission Uranium (FCU:TSXV) has released assay results from three holes drilled at Patterson Lake South.  The company is excited about PLS13-099 which is the eastern-most hole drilled in the R945E zone and encountered shallow mineralization over several wide intervals including 17m of 3.99% U308 and 3.5m of 18.52% U308.  The highest grade assay in the… Continue Reading

After coming off their huge Patterson Lake South win, the former management team of Alpha Minerals is now running Alpha Explorations (AEX:TSXV) which is a spinout with assets in the Cluff Lake and Patterson Lake areas in Saskatchewan.  They also hold prospective land in the Timmins gold camp area in Ontario.  Today they announced their… Continue Reading

Canada Carbon (TSX-V: CCB), a Vancouver-based firm engaged in the acquisition and exploration of mineral properties in Ontario and Quebec, announced today that the company had commenced the second phase of drilling at their Miller Graphite project located in Quebec. According to the news release, the campaign is intended to define the graphite mineralization at… Continue Reading

With the question of whether the deal between Alpha Minerals (AMW:TSXV) and Fission Uranium (FCU:TSXV) now out of the way, the stage is set for consolidation wave in the Patterson Lake region of Saskatchewan.  Some questions were raised recently about whether this deal would be finalized following a lawsuit involving Fission which muddied the waters.  However, now… Continue Reading

November 14th 2013, Vancouver, BC, Canada – Canada Carbon Inc. (the “Company”) (TSX-V:CCB) is pleased to announce that it has received the final modeling results from the Geotech VTEM airborne survey performed over the East claim block of the Miller graphite property (refer to news release, October 8th, 2013).  The inversion modeling allows the three-dimensional definition of… Continue Reading

With the gold price unable to meaningfully breakout this year, gold miners have been increasingly conscious of the quality versus quantity of the ounces they produce.  The West African gold miner, Endeavour Mining (EDV:TSX), led by Neil Woodyer (Founding Partner of mining finance firm Endeavour Financial) and a slew of other mining executive powerhouses, has been consistently lowering… Continue Reading

GREENWICH, CT, Oct. 31, 2013 /CNW/ – On October 21st, 2013 FrontFour Capital Group LLC (“FrontFour”) and a like-minded shareholder (the “Requisitionists”) announced that they had served the board of Renegade Petroleum Ltd. (“Renegade”, or the “Company”) (“RPL-V; RPTTF-O”) with legal notice of their requisition of a special meeting of shareholders. FrontFour also demanded the… Continue Reading

TODAY is Friday the 13th (again) and the last school day before spring break.  Of much lesser importance (to a couple of my children anyway), today is school report card day. My husband and I used to love it when my kids brought their report cards home. It was exciting to see how they were… Continue Reading

With gold set for its first annual decline since the year 2000, Goldman Sachs, the outspoken pessimist of the gold markets, put out a report summarizing their expectations for third quarter earnings.  The focus of the piece was Europe, Middle East and Africa (EMEA) gold miners and was titled “3Q earnings previews: Lower gold price… Continue Reading

163,000 shares of buying was enough to send Newstrike Capital Inc. (TSXV:NES), a Vancouver-based, Mexico-focused gold exploration company run by Richard Whittle and backed by the Lundin Group, up 13 cents or 15.6% Monday. Last Thursday, Newstrike announced that an airborne geophysical survey flown over the company’s Aurea Norte property generated fifteen high priority exploration targets,… Continue Reading