In a unique and creative move, Kaizen Discovery (KZD:TSXV) is hosting a reception in Vancouver that is open to all mineral exploration and development companies with quality assets in the Americas (with a particular focus on Latin America) in the hopes of sourcing new assets. The ‘build it and they will come’ approach. B. Matthew… Continue Reading
This morning, one of the best performing and fastest growing copper companies in the world, First Quantum Minerals (FM:TSX), closed their acquisition of Ross Beaty’s Lumina Copper and the behemoth Taca Taca copper project. That company was the sixth and final iteration of the Lumina Group companies to be developed and sold under the guidance of… Continue Reading
Entrepreneur Frank Giustra has helped raise over $3 billion for early stage mining and energy companies, and also founded Lionsgate Films, the world’s leading independent film studio. Today Giustra provided some exceptional entrepreneurial advice in a MinesandMoney.com interview. When asked his investment regrets, Giustra said basically all of the companies he created sucked at the… Continue Reading
One of the newest entrants to the prolific Red Lake gold district in northwest Ontario, Pure Gold Mining (PGM:TSXV), is about to start a 9,000-metre drill campaign on its Madsen project. The drills are expected to start turning next week and will target the known mineralization where the high-grade resource is currently hosted as well… Continue Reading
Today, BNN Anchor Andrew Bell was joined by Roxgold’s President and CEO John Dorward (click image above to watch the interview) to discuss the Yaramoko project and some of the reasons his company’s shares are up nearly 100% year-to-date. We highlighted those reasons in an interview we did with Mr. Dorward a few weeks ago (Read: This Gold Developer Punches Above Its… Continue Reading
As we have mentioned in numerous articles on CEO.CA, the Canadian diamond exploration sector is piquing the interest of investors for the first time in many years. Today, Canadian business billionaire and legend James (Jimmy) Pattison of The Pattison Group ($8.1 billion in sales last year; everything from car dealerships to billboards to forest products) announced… Continue Reading
This morning, Dundee Capital Markets’ equity research team initiated formal coverage on Lukas Lundin’s Lucara Diamond (LUC:TSX) and put a buy rating with a $3.00 target price on it (approximately 10% higher than the last trade of $2.73). Yesterday, outperforming Lucara announced the sales figures from its second exceptional stone tender of 2014 and fifth… Continue Reading
“There are some simple truths in the resource game,” Frank Giustra tells me. “The first truth is that you pick a great management team and you wait.” For the uninitiated, Giustra is one of the more successful natural resources investors of the past thirty five years. Some of you may know him as the founder… Continue Reading
As the coal market continues to remain soft, especially in the currently oversupplied thermal coal sector, Coalspur Mines (CPT:TSX) is doing everything it can to remain solvent. That challenge has now forced two of the largest shareholders off of the Board. Coalspur recently announced that Colin Steyn and Peter Breese would be resigning from the Board. The… Continue Reading
Last week, Kaizen Discovery (KZD:TSXV) held a conference call with President and CEO, Matthew Hornor to discuss the recent acquisition of West Cirque Resources, their strategic partnership with ITOCHU Corp and his company’s plans for more acquisitions. Last week, ITOCHU agreed to provide $4.25 million in funding to Kaizen (as part of the West Cirque deal) in… Continue Reading
Since an unprecedented staking rush in 2010 that had not been seen since the Klondike Gold Rush, the Yukon has fallen out of favor with many mining and exploration investors due to its short seasons and expensive work programs. One company that has continued in the land of the midnight sun is Kaminak Gold (KAM:TSX), which discovered the… Continue Reading
Bloomberg has a solid profile on KKR founder and private equity tycoon Henry Kravis. The story focuses on the massive leveraged buyout of RJR-Nabisco in 1987, then the largest private equity transaction in history. “We’re going to start our own firm and just focus on something that has never been done before; at the time we called… Continue Reading
After investing $25 million in the latest $1.50 financing, Ivanhoe Mines’ (IVN:TSX) founder and Executive Chairman Robert Friedland now controls 23.8% of the company or 167,133,422 shares (and another 19,166,667 warrants). Today, Ivanhoe announced that the Singapore-based billionaire, Friedland, 61, exercised his overallotment right as part of the financing which enabled him to acquire an additional 2.5 million units at a… Continue Reading
This morning, Dominion Diamond (DDC:TSX), the operator of the Ekati mine which was Canada’s first diamond mine, announced that it had come to an agreement with Chuck Fipke to buy his remaining 10% participating interest in the mine for $67 million. Charles E. (Chuck) Fipke’s Dia Met Minerals discovered what would become the Ekati Mine in the Northwest Territories in… Continue Reading
Joe Mazumdar is the Director of Research and a Senior Mining Analyst at Canaccord Genuity Inc. here in Vancouver. He has a particularly interesting perspective on the mining sector, having spent the majority of his early years at large companies including: Mount Isa Mines (Australia), Rio Tinto (Argentina), Phelps Dodge (Phoenix, USA) and Newmont (Denver,… Continue Reading
