I spent the past four days at the posh Trump Hotel in Panama City, visiting a friend in the venture brokerage business. Panama is a safe, beautiful country with the friendliest people, and the Trump was a great hotel for the money ($179/). As readers know, Panama is a haven for offshore money. This is… Continue Reading
During the PDAC, Kitco’s Daniela Cambone and I got together At the Bar for a discussion on exploration and the junior market. The discussion included some long time friends and work associates who I consider some of the best exploration geologists in the industry: Graham Brown (Head of Exploration and Acquisitions, Anglo American); Doug Kirwin (Executive… Continue Reading
Father and son Ben and Garrett Ainsworth may have lead Alpha Minerals and JV partner Fission Energy to the radioactive mother lode on a new frontier in the Athabasca Region of Northern Saskatchewan. Not long ago, Alpha Minerals, formerly ESO Uranium, was a dog of a stock. Trading at just $.02 last October, chances of… Continue Reading
TORONTO — Ivanplats Robert Friedland needs no introduction. For one, he is North America’s greatest mining showman. Second, he is almost surely a billionaire. Third, he is a miner’s mining exec. “He knows his metals, and his black box works,” platinum prospector and Ivanplats board member William Hayden told me the other day over fizzy… Continue Reading
Daniela Cambone of Kitco News talks with Nolan Watson of Sandstorm Gold at last week’s PDAC conference in Toronto. Of note Watson is very bullish on his recent Entree Gold transaction, saying it could go down as the best streaming deal in history. He is moderately bearish on gold for the next 18 months, saying… Continue Reading
“By 2025, which is tomorrow morning in geologic time, and at the scale in which we invest in mining, 630 million people, or 14 per cent of the world’s urban population, and 8 per cent of all the people walking on this planet, will live in 37 megacities,” he said. “As you build those cities,… Continue Reading
Mining legend Don McKinnon dies at 83. Timmins Press Selected Achievements: -Self taught, high school drop out prospector turned multi-millionaire; -Discovered the Hemlo Gold Mine — one of the most profitable gold operations in Canadian history; -PDAC Person of the Year in 1982; -Order of Canada winner in 1995; The list goes on. RIP Mr. McKinnon. Leaderboard. PGA… Continue Reading
Some say Ron Paul is the only US Congressman to fly economy class… The man has integrity. In my mind, his junior mining comparable is Nolan Watson, CEO of the Sandstorm Companies, and a personal friend of mine. As of this morning, Sandstorm Gold had a market cap of $591 million, and is cash-flowing several… Continue Reading
