After successfully acquiring the Masbate Mine as part of their buyout of CGA Mining, it appears Clive Johnson and his team may be looking for more assets to buy.  This morning B2Gold (BTO:TSX) announced a US$225 million offering of senior subordinated convertible notes due in 2018.  The company currently has $95 million cash with an additional $100… Continue Reading

By James Kwantes, World of Mining Rebalancing, Part 2: Signs of life (click here for part 1) In my last post, I detailed the positions that I’ve sold (Amerigo Resources, Sandstorm Gold/Metals & Energy) or dramatically reduced (Lumina Copper) in the past couple of months. This post takes a closer look at stocks I’ve purchased… Continue Reading

Today I got tired of looking at Nevada Copper NCU in my portfolio. The copper junior was promoted to me last year as a no-brainer for M&A (Apparently not yet)… So I sold it and began accumulating Robert Freidland’s Ivanplats IVP. While nothing against NCU’s Pumpkin Hollow project, IVP has three of the best development stage projects in… Continue Reading

NexGen Energy (NXE:TSXV) has started a 3,000m drill program on their Rook I property which is located next door to Alpha/Fission’s PLS project (see recent drill results here). NexGen has already completed aerial VTEM and magnetics as well as ground gravity testing. The exploration team at NexGen, led by Andrew Browne, has already defined a… Continue Reading

Pretium Resources (PVG:TSX) released more stellar high-grade results from its Brucejack project  located 65km north of Stewart, BC.  The results come from the resource zone known as the Valley of the Kings which hosts the company’s world-class 6.6 million ounces of gold at an average grade of 13.6g/t gold.  The Company is currently performing an… Continue Reading

B2Gold (BTO:TSX) announced its Q2/2013 results which appeared, on the face, to be weak.  However, a dig deeper illustrates that most of the downward earnings adjustments were related to one-time charges related to the closing of the acquisition of CGA Mining and the Masbate gold project in the Philippines.  Adjusted EPS came in below consensus of $0.03… Continue Reading

Joseph Conway’s Primero Mining (P:TSX) announced its Q2/2013 results this morning and they were impressive.  The company was able to achieve what most junior gold producers do not these days; to deliver solid results and raise production guidance for the year.  Primero produced over 39,000 ounces at $551/oz Au-Eq (gold equivalent) cash costs.  On the… Continue Reading

Capstone Mining (CS:TSX) announced today that it would acquire the right to earn up to 70% of the Project Providencia from Sociedad Quimica y Mineral de Chila S.A. (SQM).  The property is somewhat strategic in that it sits approximately halfway between Capstone’s Santo Domingo Project and Anglo American’s Mantos Blancos copper mine. SQM is a… Continue Reading

Fission Uranium (FCU:TSXV) and Alpha Minerals (AMW:TSXV) announced the results of an additional four drill holes from their Patterson Lake South Deposit (50/50 Joint Venture) in the Athabasca region of Saskatchewan.  The two are in the process of completing a $6.95 million, 11,000m drill and ground geophysics program on the project.  Drilling highlights included 18.5m… Continue Reading

David Talbot, Senior Mining Analyst at Dundee Capital Markets, is one of the foremost uranium analysts in Canada. He sat down with the Energy Report to discuss a few of his favourite names. Read: Top Ten Stocks for a Uranium Price Rebound: David Talbot On the uranium price’s recent poor performance, Mr. Talbot commented, “What we… Continue Reading

Kip Keen at Mineweb has a new interview with Dave Lowell, Chairman & CEO of Lowell Copper (TSXV:JDL), discussing the Ricardo property in Chile. Finding an ore body at Ricardo will be challenging, Lowell says. “We’re looking for vertical tabular slabs of ore with no alteration halo on either side and it probably will be deep,… Continue Reading

Cream Minerals Ltd. (TSXV:CMA) has entered into a LOI for the sale of its Nueveo Milenio Silver-Gold project in Mexico for $600,000. The acquisition is being led by a group which includes current Cream shareholders. In November 2010, Vancouver-based Endeavour Silver made a 14 cent offer for all of Cream’s 88 million shares, implying Nuevo Milenio… Continue Reading

Peter Koven of the Financial Post covers uranium’s 14% price correction over the previous two months, last at $US.34.50 per pound, the lowest level since 2006. The Fukushima Nuclear disaster in Japan continues to take its toll, with excess supplies in Japan being reportedly dumped onto the open market. Read: Uranium spot price sinks amid… Continue Reading

Primero Mining Corp (TSX:P) provides an update on the proceedings at the Cerro del Gallo Au-Ag project in Mexico. Primero acquired the Cerro del Gallo project in May 2013 from Cerro Resources NL in a share/cash/spin-out deal that saw Primero retaining a 69.2% interest in the project; offering Cerro Resources shareholders 0.023 Primero shares and shares… Continue Reading

Many analysts are claiming that new platinum ETF and trust products such as Sprott’s physical products have begun to wreak havoc on an already beat up and battered South African platinum industry.  Just as the gold ETFs did in the gold run over the last decade, these new platinum products could rip billions of investment… Continue Reading