Copper and silver mining legend and environmentalist Ross Beaty joined Cambridge House Live at the Vancouver Resource Investment Conference in Vancouver this past Sunday. Beaty is best known for founding Pan American Silver, one of the world’s largest primary silver producers, and the Lumina Copper franchise, one of the most successful copper exploration groups ever,… Continue Reading
Norway’s largest domestic non-state owned oil producer, Lundin Petroleum (LUP:TSX) announced fourth quarter and full year 2013 production results today. The company produced an average of 31,100boe/d in the fourth quarter and 32,700boe/d for the full year average. In the fourth quarter, Lundin Petroleum received an average price per barrel of US$109. This remains a… 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
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
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
Rules of Thumb for Junior Mining Speculators —A Light at the End of the Tunnel by Brent Cook. Initially published by Streetwise Reports (The Gold Report–1/13/14) www.explorationinsights.com As we all know, for most speculators and investors the past few years in the mining and exploration sector have been disastrous. However, there are a number of fundamental trends… Continue Reading
Lucara Diamonds (LUC:TSX), the African diamond producer and Lundin Group company, announced its 2014 operational and financial outlook. The company is forecasting revenues of $150 – $160 million in 2014 on 400,000 – 420,000 carats of diamonds being sold. This includes the assumption that Lucara will have two ‘exceptional’ stone tenders, although this may be conservative given… Continue Reading
Mason Graphite (LLG:TSXV) is coming off a transformative 2013 whereby the company released an initial preliminary economic assessment (PEA), completed a large, 24,345m drill program and grew their initial resource base by 658% to over 50 million tonnes at 15.6% graphite. This morning the company announced another milestone, with the signing of a letter of intent to acquire 40% of the… Continue Reading
An edited version of this story was first published in the Globe and Mail. The man who recently left his job as head of Sprott Resource Corp. says he has yet to sell a share in the company. Kevin Bambrough, who exited his role as the chief executive of Sprott Resource Corp., as well as… Continue Reading
Haywood Securities’ Chairman, John Tognetti, has added 2.4 million shares to his position in Mirasol Resources (MRZ:TSXV) which brings his total position to over 7.9 million shares or roughly 25% of the company. Mr. Tognetti has been a supporter of Mirasol for a number of years and clearly continues to have his conviction about the… Continue Reading
Kitco News speaks with Exploration Insights’ Brent Cook on this edition of “Mining Minutes.” Cook says that a lot of mining 4Q results will “meet or beat expectations.” He adds that 2014 will be a good year for investors to position themselves to make money. “I don’t expect this to be a great year for… Continue Reading
On Fire: ALQA, CUR, SVV, BCRX, Gold & More THE CALANDRA REPORT: Subscribe We send this update from Active Trading Partner’s David Banister, whose analysis thus far is superb. We have been tracking the 48-year-old New England writer’s work on ALQA for about four weeks. Also, CUR. Plus: metals equities, including Almaden Minerals (AAU in… Continue Reading
This morning, Norway’s largest oil producer, Lundin Petroleum (LUP:TSX, LUPE:ST) announced its capital allocation for 2014 and its a staggering $2.1 billion. Projected expenditures on development projects in 2014 are expected to grow by 25% over the 2013 to $1.4 billion. The company expects to spend roughly the same this year as they did last year on exploration which is… Continue Reading
Turquoise Hill (TRQ:TSX) announced this morning that they have completed their US$2.4 billion rights offering which expired yesterday. The company was able to get 100% of shareholders to participate in the offering which represents over 1 billion shares. Large shareholders Rio Tinto and Robert Friedland fully participated in the offering. According to the latest SEDI… Continue Reading
