January 12, 2015 When China celebrates its new year next month, we will transition into the Year of the Ram, also known as the Year of the Goat or Sheep. If you believe in luck, this could be a good sign. The ram comes eighth in the 12-zodiac cycle, and in Mandarin, “eight” sounds very… Continue Reading
In 1852 the clipper ship The Flying Cloud sailed from New York to San Francisco in 89 days, a world record time that would stand until 1989. What is truly remarkable about the story of The Flying Cloud is not only the speed, but the motivation behind it. The clipper’s record setting voyage took place… Continue Reading
Sentiment in the thermal coal market is nearly as poor as it gets right now. The mood has been further dampened this week by price cutting from Chinese coal producers. With sellers slashing prices in an attempt to clear out inventory. That’s led to an almost complete loss of appetite for imports into China. With… Continue Reading
“Europe is a landscape. East Asia is a seascape. Therein lies the crucial difference between the 20th and 21st century.” History is replete with seemingly isolated incidents ballooning into something much larger. As a stark reminder, the 100th anniversary of the start of World War I is only a few months away. Back then,… Continue Reading
GRAND PRAIRIE, Alberta – Mike Weeks and Delayne Weeks of Canada had a dream five years ago: create a gold mine. Do it in a nation that has never produced gold commercially. Use the process to educate and enrich an impoverished population. The country is Cambodia. The mine is in northeast Cambodia, close to Vietnam. Phum Syarung,… Continue Reading
This post originally appeared in South China Morning Post. Three years ago, Robert Friedland, executive chairman and founder of Ivanhoe Mines, told the Hong Kong Mines and Money conference: “Hong Kong will become the largest mining finance market in the world.” Four years on this clearly hasn’t happened, which has led some to wonder if it… Continue Reading
Fairfax Holdings recent annual letter to shareholders offers many nuggets of wisdom including this excerpt on China (emphasis our own): “In the last few years we have discussed the huge real estate bubble in China. In case you continue to be a skeptic, here are a few observations from Anne Stevenson Yang, an American who… Continue Reading
Canadian Solar’s (CSIQ) earnings disappointment last Friday has set the stage for a potentially large shakeout in one of the best performing sectors of 2014. After a 40% gain for the solar sector during the first two months of the year, many of the leading solar names are set up for a sizable correction: Click… Continue Reading
Recently, we had the pleasure of sitting down with two of exploration geology’s brightest young stars; Dr. Alan Wainwright and Daniel MacNeil. Dr. Wainwright (Chief Geologist) and Mr. MacNeil (Project Acquisition and Development) allowed us to visit them in the humble Vancouver offices of their current venture, Desert Star Resources (DSR:TSXV). Mr. MacNeil has over… Continue Reading
Source: Rabobank Interesting outlook on the global economy from Rabobank via Business Insider. Richard McGuire, Head of Strategy for Rabobank, charts the likelihood and impact of various global catalysts that could shake markets up. We see the usual suspects such as the Fed tapering too quickly, emerging market issues and Chinese growth slowing. However, McGuire… Continue Reading
“Blast you Excel!!” While Kenneth Rogoff took his lumps last year due to an enormously inexcusable excel error, this former Chief Economist for the IMF and co-author of This Time Its Different: Eight Centuries of Financial Folly is still a voice to be reckoned with. As part of Project Syndicate’s cleverly-titled-no-pun-intended “Submerging Markets” series, Rogoff… Continue Reading
This morning, Canada Carbon (CCB:TSXV) released further drill results from the winter exploration program being done at their Miller graphite project in Quebec. Since discovering the VN3 vein in December, the company has focused exploration work there. In hole DDH13-15, they intersected 1.8m of 48.6% Cg including a 0.5m intersection of 63.2% Cg. This hole… Continue Reading
Jordan Trimble joined BNN Television’s Andrew Bell earlier. Trimble is CEO of Skyharbour Resources (SYH:TSXV), a micro-cap uranium explorer focused on Northern Saskatchewan’s Athabasca Basin region. Trimble discussed his company’s exploration plans for 2014, which includes an ongoing $6 million program at Skyharbour’s flagship Preston Lake project near Fission Uranium’s Patterson Lake South uranium discovery.… Continue Reading
This morning, Continental Gold (CNL:TSX) released another batch of 13 drill holes as well as underground sampling from the Yaragua vein at the company’s Buritica gold project in Colombia. The company has resumed 2014 drilling and is aiming for an updated NI 43-101 resource estimate which should be released this quarter. The market is waiting… Continue Reading
This morning, explorer Desert Star Resources (DSR:TSXV) announced Mark Selby would be joining the company’s advisory board. Mr. Selby is currently the Senior VP, Business Development at Royal Nickel (RNX:TSX) and is the owner of his own consulting firm, Selby & Co. Mr. Selby is also and has been since August, 2009, a director of… Continue Reading
