What did you do this weekend? It’s a common enough Monday morning question. It usually involves recounting your adventures or answering with few monosyllabic words followed by a hollow, apathetic shrug. Then you ask the same, and get the same response. Meh all ‘round. It’s a very superficial conversation, if it can be even called… Continue Reading

The “dominant fundamental” for the gold market during the past few years has clearly been the ‘illusion of central banking.’ Allow me to explain a bit. First there was the illusion that Fed easing would stoke enormous inflation. This proved to be false as the pernicious deleveraging cycle brought about by the global financial crisis… Continue Reading

Source: Karen Roche of The Gold Report  (9/18/13) Many mining companies find themselves in a high-grading dilemma, according to Brent Cook, publisher of Exploration Insights. As companies deplete higher grade reserves, they have to acquire new deposits. But unless you are a geologist, don’t look to NI 43-101s to always give you reliable information about the quality of a… Continue Reading

IAMGOLD (IMG:TSX) has, with its JV partners AngloGold Ashanti (40%) and the government of Mali  (20%), decided to suspend mining at the Yatela mine in Mali effective September 30, 2013.  The company noted that they will begin dismantling the mine at the end of September, however, processing of leach pads and ore already mined will… Continue Reading

Torex Gold (TXG:TSX) put out its highly anticipated maiden resource at its Media Luna target, south of the river at its Morelos gold project in Guerrero State, Mexico.  The company announced an initial inferred resource comprised of 39.9 million tonnes at 2.63g/t gold, 24.46g/t silver and 0.97% copper which equates to 5.84 million gold equivalent… Continue Reading

As we enter the week of September 16th, 2013 everything appears to be hinging on the FOMC announcement Wednesday at 2pm EST. Chairman Bernanke will hold a press conference at 2:30pm EST which will be heavily parsed, to say the least. For a Fed which has had a major communication problem in recent months, the… Continue Reading

With excerpts from today’s Ivanhoe Mines news release. Robert Friedland, Executive Chairman of Ivanhoe Mines (TSX: IVN), and Lars-Eric Johansson, Chief Executive Officer, announced today that the company is proceeding with the sinking of a bulk-sample shaft to access the underground Flatreef platinum, palladium, nickel, copper, gold and rhodium discovery at its Platreef Project in… Continue Reading

Micro-cap African explorer, Legend Gold (LGN:TSXV) has closed the acquisition of several exploration assets in Mali from Endeavour Mining (EDV:TSX) and has also acquired a private Canadian exploration company called Corado Resources which has assets in the Congo.  Legend recently rolled back their shares 6:1, giving them a total share count of 13.4 million and… Continue Reading

Pilot Gold (PLG:TSX) is increasing its land position near its TV Tower project in Turkey.  The joint venture company, Orta Truva (60% Teck, 40% Pilot, which Pilot is earning into 60%) is acquiring 100% of the 20 square kilometer Karaayi project from Chesser Resources (CHZ:ASX).  Pilot is issuing 1.25 million PLG shares and paying US$300,000… Continue Reading

Shares in Dalradian Resources (DNA.TO) have traded up 37.3% since an August 15th news release announcing exploration results at the company’s 100% owned Curraghinalt gold project in Northern Ireland. You can view the results here. Curraghinalt is a potentially high-margin, low-capex project with impressive grades of gold. Receiving a favorable outlook in its 2012 PEA,… Continue Reading

Torex Gold (TXG:TSX) released the final batch of results from its Media Luna target at the Morelos Gold Project in the Guerrero Belt in Mexico.  The company expects to release a maiden resource by mid-September on the Media Luna zone.  Highlights of the final holes include 19.9m of 11.56 gold equivalent (8.17g/t gold, 24.53g/t silver and… Continue Reading

Investor, geologist and writer Malcolm Shaw has provided exceptional coverage of the PLS Discovery on Seeking Alpha. Here’s a repost of his Monster In The Making piece from earlier this morning: Fission Uranium (FCUUF.OB) and Alpha Minerals (ESOFF.PK) have released an update on their ongoing Patterson Lake drilling program. The companies have identified a 4th zone of mineralization on… Continue Reading

By Lawrence Roulston, Resource Opportunities News that the US Federal Reserve may begin cutting back on Quantitative Easing panicked investors around the world. The mere suggestion that the easy money might be cut back if the economy continues to improve exemplifies how dependent investors have become on what is effectively a government handout. The sharp drop in… Continue Reading

Well-known Toronto-based mining and energy promoter Stan Bharti of Forbes and Manhattan has opened up to Mineweb’s Kip Keen. Here’s a link to the article. Excerpts include: “At Forbes & Manhattan we always tell people, find good assets in emerging markets so you don’t overpay for them. I mean any fool can go and pay… Continue Reading

From yesterday’s Stockwatch Energy Summary: Pacific Rubiales and Ecopetrol hold the largest interests in the $4.2-billion (U.S.) Bicentenario pipeline, with 32.88 per cent and 55 per cent, respectively. Petrominerales Ltd. (PMG), up 10 cents to $6.16, holds 9.65 per cent, and Canacol Energy Ltd. (CNE), up nine cents to $2.90, holds 0.5 per cent. The 960-kilometre pipeline will carry… Continue Reading