Pilot Gold (PLG:TSX) has made a significant breakthrough in Turkey, by finding a major new discovery of supergene copper underlying the oxide gold zones at the company’s K2 project, part of the TV Tower project (40% Pilot Gold/60% Teck).   According to the Pilot Gold, drilling and surface work suggest that at least two copper-gold porphyry systems… Continue Reading

A. E. (Ted) Turton, broker, promoter, financier and mentor to many, has died age 84. Mr. Turton stood out in the investment business; he cared more about people and their projects than about accumulating wealth. From time to time he could be a rascal, but he was always a gentleman. Loyal, humble and dignified, he… Continue Reading

The African-focused uranium producer, Paladin Energy (PDN:TSX) has come under pressure in the past few years due to a decreasing spot price for uranium as well as $600 million in debt on their balance sheet.  The market has been worried about the company’s ability to meet near-term obligations and the stock has been on a steady… Continue Reading

Since the April 2013 gold meltdown there have been no less than half a dozen failed rallies in the gold miners – is this time different? Click to enlarge As can be seen by the above chart (green dotted lines), most of the recent failed rallies have been relatively steep, a classic characteristic of a… Continue Reading

This morning, NexGen Energy (NXE:TSXV) announced the uranium explorer has begun their winter drill program at their Rook I project immediately adjacent to and northwest of Fission’s Patterson Lake South deposit.  The company has outlined a 6,000m drill campaign with two drill rigs.  NexGen has identified multiple targets from their 2013 summer drill campaign where… Continue Reading

Coming just two days after the announcement of a $12 million private placement, Cordoba Minerals (CDB:TSXV) announced this morning that they increased the placement to $15 million to meet demand.  They also announced the financing was now closed.  No overallotment option was given on the financing.  GMP Securities, Dundee and BMO Capital Markets were the co-leads… 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

At the end of last year we highlighted “3 Stocks for 2014”, as it has turned out we have been quite lucky in the new year with these picks: CSIQ +43.5%, CCJ +6.7%, ABX +3.3%. While CSIQ has rocketed into the stratosphere, CCJ and ABX are just getting started. We are particularly interested in CCJ… Continue Reading

Originally posted on WorldofMining.com Diamond explorer Peregrine Diamonds (PGD) released the second and final batch of results from its bulk sample of the CH-6 kimberlite pipe at its 100% owned Chidliak project on Baffin Island, and they were good. Very good. Here’s the news release. Batch C returned a grade of 2.87 carats per tonne, including… Continue Reading

Today is the one year anniversary of making this video with my brother. I thought it would be a great opportunity to share some of my favourite mining and energy quotes, starting with one from Mr. Lowell, of course: “If there’s anything my career says about me, it’s that I’m very good at being wrong.”… Continue Reading

In the following article, we offer our forecast for 2014 including five stock picks from each of our analysts. Compare 400+ precious metals stocks with a Free 14-day Trial to Tickerscores.com. 2014 Venture Forecast The TSX-V will be a stock picker’s market in 2014. In this environment, investors should stay cautious and the focus should remain… Continue Reading

A few notes from my friendly conversation with Kitco’s Alex Letourneau yesterday: M&A has been seen as a critical catalyst to get the junior mining sector going so I’m glad Goldcorp’s made a move on Osisko and I agree with the market that Goldcorp will sweeten their bid. The China Gold Stone Mining Development /… Continue Reading

Skyharbour Resources (SYH:TSXV), the Patterson Lake South (PLS) explorer, is diversifying outside of the PLS play by acquiring a 60% interest in the Mann Lake project located on the east side of the Athabasca Basin.  The exploration project is roughly 25km SW of Cameco’s (CCO:TSX) McArthur River mine and 15km along strike from their Millennium deposit.  Skyharbour will… Continue Reading

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