Economic geologist Brent Cook, the editor of Exploration Insights, a high value subscriber supported publication focused on junior miners, echoed much of what he said in our interview of a few weeks back when he sat down with Vanessa Collette at the Cambridge House conference in Vancouver the other day. Related: Brent Cook: Why gold miners… Continue Reading

There was some concern among investors in Ivanhoe Mines, myself included, that a critical Mining Right Permit for the company’s Platreef platinum deposit in South Africa would be delayed. May 31, 2014 was the looming date by which either the Permit had to be received or all work on the project, such as the ongoing sinking… Continue Reading

Peter Koven of the Financial Post has a missive out this Saturday morning on Canada’s embattled junior resource sector. He speaks to Terry Ortslan, Stan Bharti, John Kaiser and others about why the sector is in trouble, and possible events that could trigger a turnaround. “History suggests that a quick drop in global metal inventories,… Continue Reading

LCC data by YCharts Ross Beaty’s Lumina Copper (LCC:TSXV) which is developing the world-class Taca Taca copper asset (21.15 billion pounds of copper, 5.56 million ounces of gold and 615.8 million pounds of molybdenum) in Argentina has caught a bid, up $1.23 per share to $7.61 at the time of writing. The company released a mandatory… Continue Reading

Mr. Paul Reynolds reports – Canaccord Genuity Group Inc.’s Peter Brown has resigned as a director and officer of the company, effective May 23, 2014, and will not be seeking re-election to the board of directors at the upcoming 2014 annual general meeting of shareholders. “On behalf of the board of directors, management and all… Continue Reading

My trusted friend Jonathan Roth helped Petromanas Energy make a must watch mini-documentary about oil in Albania, and the company’s exploration activities there in partnership with Royal Dutch Shell, which has just been released today to coincide with the company’s Annual General Meeting. Watch the video: Albania: The World’s Next Big Oil Play? Petromanas Energy… Continue Reading

Lucara shares are trading at all-time highs, approaching $2.00/share (up over 184% in the past 12 months)! After officially becoming the only Lundin Group dividend payer, Lucara Diamond (LUC:TSX) announced they have recovered an astounding 13 diamonds that are larger than 100 carats each, including 2 that exceeded 200 carats each (the five largest gem-quality… Continue Reading

“Our financing is sold out, and the books are closed baby !” Via email to CEO.CA at 8:47am EST today. Sent from my iPhone

(Today’s financing represents a 9% discount to the close and a 25% discount to the last financing) Only a few days after Robert Friedland’s Ivanhoe Mines (IVN:TSX) released their first quarter 2014 report which drew concerns from reporters, investors and analysts, alike about an apparent capital crunch; the company announced today that it has secured a… Continue Reading

THE CALANDRA REPORT: Subscribe* *$110 yearly: Does Not Recur Resource prospectors are bleeding their depleted coffers at a time when they might think about hoarding capital firepower. We are seeing evidence that legitimate assay updates of mineral resources, for one, are all but ignored in the investment marketplace. Some public relations professionals tell me the usual… Continue Reading

As stated in our article yesterday, Ivanhoe Mines is currently (emphasis on currently) under capitalized to move Kamoa and Kipushi forward with major developments until the company secures some sort of financing for them.  However, as we stated, these two projects are absolutely world-class and they are controlled by Robert Friedland which means they will be financed in one way or another soon (joint venture, spin-off, equity, strategic investor).… Continue Reading

Robert Friedland’s Ivanhoe Mines (IVN:TSX) could get caught up, if not already, in the mess that is the South African platinum industry today.  The company filed their  mining right application for the Platreef project in June 2013 and if they do not receive it by the end of this month, all activities at the project will have to… Continue Reading

In a report forwarded to CEO.CA by resource tycoon Robert Friedland, the Colorado based research firm, IHS Inc. says that zinc demand will gain new strength from its use as a micronutrient in agriculture which will help increase crop yields.  According to the report, the global population is on trend to exceed 9 billion by… Continue Reading

Pan American Silver (PAA:TSX) Chairman and resource mogul, Ross Beaty was awarded the Vale Medal for Meritorious Contributions to Mining at the annual gala awards dinner of the Canadian Institute of Mining, Metallurgy and Petroleum (CIM) in Vancouver.  The Vale Medal is awarded annually as a mark of distinction and recognition to a person who… Continue Reading

Gold miners will have to acquire new projects in 2015 and 2016 if they intend to stay in business. This from Brent Cook, economic geologist and the editor of Exploration Insights, a respected mineral exploration investment research service. A dearth of new economic discoveries, reluctance to make acquisitions, the “high-grading” of existing mines, and cuts… Continue Reading