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

Sprott USA Chairman Rick Rule spoke with INN’s Andrew Topf about fundamentals for a higher uranium price, and Rule characteristically provided profund commentary on the natural resources business. “This industry needs amalgamation more than anything else,” according to Rule. “There’s too much G&A across the whole mining space and combining two companies together and getting rid of one… Continue Reading

A few minutes of career advice with mining and movie mogul and olive oil world champ Frank Giustra: Source: Frank Giustra honoured as Distinguished Alumnus | Douglas College

Alterra Power Corp (C:AXY) Shares Issued 466,374,814 Last Close 6/4/2013 $0.295 Tuesday June 04 2013 – News Release Mr. Ross Beaty reports Ross J. Beaty, of 1550, 625 Howe St., Vancouver, B.C., V6C 2T6, on June 4, 2013, acquired ownership of 7,588,500 common shares of Alterra Power Corp. through the facilities of the Toronto Stock… Continue Reading

Check out the Cambridge House Youtube channel for the rest of the WRIC13 interviews.

While many people are moaning and groaning about the sad state of the junior exploration market, the smart ones are paying attention and finding out that there are some real speculative opportunities out there. A great example is Colorado Resources Inc (CXO: TSXV). It started 2012 at less than 30¢, drifted lower to start out… Continue Reading

In the year 2000, Swedish leadership magazine Chef interviewed oil and mineral tycoon Adolf Lundin (1932-2006) and he provided his five keys to entrepreneurial success: 1.  Never give up! 2.  Always follow rule number 1. 3.  “No pain, no gain” – which was written on a stone on his desk. 4.  Forget hobbies and your own comfort. 5.… Continue Reading

One time I tried to move into a homeless shelter in Pittsburgh. I had this image that it would be like some sort of sex dormitory. I would meet all of these homeless ex-prostitutes or lonely single mothers and we would sneak into each other’s rooms and fall in love. We would whisper really quietly… Continue Reading

I limped out of the meeting and said, “excuse me”, and took the elevator down 67 stories, went to Grand Central, limped home, and never went back to work at that job. I never returned the constant phone calls and emails over the next month. “James, where did you go?” For all I know my… Continue Reading

We called up Brent Cook, economic geologist and editor of Exploration Insights, for a quick conversation on the junior resource sector as we head into the summer doldrums yesterday (MP3 download link). Mining stocks are cheap but Brent’s not calling the bottom yet. “If you buy something in this market, be prepared to buy the same number… Continue Reading

“One drill hole changes the game. It’s very hard to decide who gets to make it and who doesn’t. It’s a big gate, and yet very few make it through. But you have to let them try.” — Lukas Lundin “Did you know you were getting the better end of that deal with Kinross?” I… Continue Reading

A World of Mining special – Part 2 of 2 Part 1: Chasing the carat: Canada’s Queen of Diamonds comes full-circle Stornoway Diamonds’ hostile takeover of Ashton Mining and Quebec’s Renard diamond project in January 2007 was followed by an exodus of Ashton executives and managers. Several departed for Peregrine Diamonds, which is advancing its flagship… Continue Reading

Billionaire Eric Sprott suspects sovereign wealth funds have been significant buyers of precious metals in recent weeks, particularly those funds who were heavy buyers of gold and silver in recent years at higher prices. He also expects miners profit margins to explode as bullion prices increase, which he sees going to $3000 soon. “Gold stocks at… Continue Reading

Our friends at Pinnacle Digest published a great 24 minute audio interview with veteran mineral exploration analyst John Kaiser, whose Bottom Fish service tracks over 1800 junior resource companies listed on the TSX-V. Listen: 686 Junior Resource Companies on the Brink | John Kaiser Apr 17, 2013 Interview Kaiser sees commodity prices trending lower. He is… Continue Reading

Copper and silver tycoon and environmentalist Ross Beaty sees stagnant global growth, but strong fundamentals for gold. Here he shares his views, and a few memorable moments in his career — on both sides of the industry. “Comfortable with ambiguity,” says the sign on Pan American Silver chairman Ross Beaty’s office door. It’s a fitting… Continue Reading