On average, silver components make up 40% of the value of by-products from production of zinc. Silver is found in all four types of zinc deposits which also contain gold. Due to the price decline in silver, the last seven months have added approximately 7% to zinc’s production costs. This is causing future zinc production to… Continue Reading

Huge volume on Mark O’Dea’s True Gold Mining (TSX:TGM) yesterday, 24.521 million shares traded via House 62, Haywood Securities. Golden Star Resources had owned a similar sized stake (24.521 million shares as of Nov 21, 2012), and this looks like them getting out. However there appears to be a strong appetite for True Gold’s shares, despite… Continue Reading

Geologix Explorations (GIX:TSX) released revised cash cost estimates for its Tepal Cu-Au project in Michoacan, Mexico in accordance with WGC Standards (total cash cost = mining costs + on-site G&A + treatment/refining charges + royalties + transportation + by-product credits). Due to the large Cu component, GIXs total cash costs are estimated at US$238/oz Au which leaves… Continue Reading

Market darling and favorite among gurus Brent Cook and Rick Rule, Lydian International (LYD:TSX) is taking it on the chin today (down 37% at the time of writing) after announcing that political risk is real. Looks like the Armenian authorities want more information regarding the catchment basin to Lake Seven (Armenia’s largest fresh water resource).… Continue Reading

Visual Capitalist’s Tickerscores, which allows investors to compare precious metals stocks head-to-head, gave 46% of BC Gold & Silver Miners in the development stage a failing grade. Tickerscores uses 20+ variables and rates companies based on financials, management, valuation, recent performance, and project potential. The following infographic displays the highlights for 28 BC development companies. To… Continue Reading

By Lawrence Roulston, Resource Opportunities News that the US Federal Reserve may begin cutting back on Quantitative Easing panicked investors around the world. The mere suggestion that the easy money might be cut back if the economy continues to improve exemplifies how dependent investors have become on what is effectively a government handout. The sharp drop in… Continue Reading

By James Fraser / @MiningStocks Looking through some of the press releases this week on the TSX Venture exchange for mining stocks Wolfpack Gold immediately caught my eye and stood out. The headline on Stockwatch was: Wolfpack cuts salaries, to drop properties I was not 100% familiar with Wolfpack Gold but with the tough times in the junior… Continue Reading

LIBERTY METALS & Mining Holdings continues to take stakes in emerging gold and metals producers. This one has Karma. The unit of the large insurer, Liberty Mutual, came across my screen about a year ago, when it gave Red Eagle Mining in Colombia (RD in Canada) $8 million in exchange for a net smelter royalty… Continue Reading

Alpha Minerals (TSXV:AMW) shares have been on a tear since last fall when they discovered high grade uranium close to surface at the Patterson Lake South project in the Western Athabasca Region of Saskatchewan and analysts believe this trend will continue over the coming months. Here’s the 12 month chart: Today, the company announced more impressive… Continue Reading

Octogenarian self styled ‘treasure hunter’ Dave Lowell, who we called Mining’s Greatest Explorer in a January, 2013 short film about the legend, has launched a new copper exploration and development company, Lowell Copper, and subsequently raised $11.4 million in a financing in which we participated (details). The company’s principal asset is the Ricardo project in… Continue Reading

Exploration Insights editor and economic geologist Brent Cook spoke to Mineweb’s Kip Keen about the harsh reality for today’s junior mining investors. “I think we’re in for a long, slow stretch where mines go bust, companies go bust and the sector consolidates,” Cook commented. Read the full article over at Mineweb. Here are a few excerpts:… Continue Reading

Today we learned that PI Financial Corp. has updated coverage on Silver Bull Resources (TSX: SVB) (NYSE: SVBL), one of the few junior mining names we own. Following the release of positive test results from the silver mineralization zone at the company’s flagship project in Mexico, analyst Philip Ker reiterated his buy recommendation, maintaining his 12-month target… Continue Reading

In an interview with CEO.CA on April 26, 2013 mining legend Ross Beaty told us, “I don’t think it’s time for me to invest just yet, but its getting close.” Yesterday Beaty announced that he had purchased 221,000 shares in Lumina Copper Corp. (TSXV:LCC) at an average cost of $4.68 in the open market on June… Continue Reading

A Colorado Resources press release caught my attention earlier announcing the engagement of Sterling Marketing (Scott Gibson) for investor relations services. While Colorado has been in the news a lot lately for their North Rok discovery, to see the name Scott Gibson was a surprise. Gibson, well-known in the junior mining industry as a conference… Continue Reading

NexGen Commences Drilling at Radio Project, Eastern Athabasca Basin, Saskatchewan Related: Read the NexGen backstory in this CEO.CA interview here. NexGen Energy Ltd. (TSX.V:NXE) (“NexGen” or the “Company”) is pleased to announce that it has commenced a 4,000 meter drill program at the Radio property, which is immediately adjacent to, and on trend approximately 2km east from, Rio… Continue Reading