Chile-focused prospect generator Arena Minerals has landed a third major, Teck Resources, and a US$19.5-million commitment to help develop copper projects at its Atacama Copper project in northern Chile. The agreement announced today will see Teck Chile spend US$19.5 million in two stages over 6 years to acquire up to a 60% interest in the… Continue Reading

Uranium explorer Kivalliq Energy Corp. released drill results from a new discovery at its Nunavut property earlier this week, and CEO Jim Paterson and president Jeff Ward stopped by the CEO.CA office in Vancouver to talk about it. Through a terrible market for junior mining companies generally and uranium plays specifically, Kivalliq has managed to… Continue Reading

My head is starting to spin a little as we reach the 4th site visit on the 2015 Yukon Media Tour; there’s an excessive amount of information to take in. To get up to speed see Part 1, Part 2, Part 3, and Part 4. The media members had just boarded another mini-airplane from Burwash Landing… Continue Reading

>>Interview with Ross Beaty (MP3) Tekoa Da Silva recently sat down with serial entrepreneur Ross Beaty, founder of Pan American Silver and Alterra Power. Mr. Beaty is a legendary investor in the resource sector. He made his fortune buying up mineral assets in depressed markets and selling them years later at hefty premiums. Is Mr.… Continue Reading

Mining legend Ross Beaty made a fortune buying up copper deposits when nobody wanted them. He has also financed several mega-wealth creating mineral discoveries, contributing to his astounding track record, outlined in this earlier CEO.ca article. Leo Hathaway, VP Exploration for Odin Mining & Exploration, has been working closely with Mr. Beaty for the last… Continue Reading

Could equity crowdfunding fix junior mining’s financial woes? The Globe and Mail asked this question of a number of PDAC participants, and heard a variety of responses. The least optimistic of which came from one of the sector’s most accomplished faces. “The trouble with mining and exploration is it requires large amounts of capital,” Mr.… Continue Reading

Dalradian Resources, a Toronto-based junior gold developer focused on the Curraghinalt deposit in Northern Ireland and led by CEO Patrick Anderson, welcomes one of the most influential investors in mining to its team Tuesday. Veteran geologist and mining entrepreneur Ross Beaty, founder of Pan American Silver and the Lumina Copper franchise, will purchase 9.9% of… Continue Reading

“Anybody who says that the super-cycle is over is an idiot, it’s just been deferred for a little bit”, mining tycoon Robert Friedland told a packed audience in London last week. I was there for the 12th annual Mines and Money show. And if you’re in the mining business and haven’t been to London lately, the Mines… 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

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

Ecuador has a terrible reputation as a mining jurisdiction, ever since the government there passed a 70% windfall profits tax on metals mined, highlighted by the fact that major miner Kinross abandoned the Fruta Del Norte gold project there last year, which they paid over $1.2 billion for in 2009. So I have no idea… Continue Reading

As reported earlier this morning, Lumina Copper, was halted pending news and most people familiar with the story anticipated that it would announce a take over.  We suspected a Chinese bidder, but also cited First Quantum as a potential buyer and that’s exactly who has stepped up to acquire Ross Beaty’s Argentine copper developer for $470 million in cash… Continue Reading

Ross Beaty’s Lumina Copper (LCC:TSXV) which is developing the world-class Taca Taca copper deposit in Argentina has see renewed interest over the past month from investors as rumors spread that a buyer may be close to pulling the trigger on the multi-billion project.  This morning, the company’s stock is halted pending an announcement. Shares of… 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

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