Clive Johnson is a big, fast-talking ex-rugby player and one of Canada’s best gold mining executives. The 56-year-old has built back-to-back multi-billion-dollar gold companies. His latest, B2Gold Corp. (TSX:BTO), is one of the few gold producers to have delivered for investors over the past five years. Johnson’s contrarian instincts have served him well in a… Continue Reading
Developments in the potash cartel saga continues as rumours are confirmed that 21.75%-owner of OAO Uralkali, Russian tycoon, Suleiman Kerimov is trying to sell his stake in the company. The value of the sale is estimated at around $3.5 billion. This comes after Uralkali left the Belarusian Potash Co (BPC) cartel followed by the Belarusian’s… Continue Reading
PRD Energy (TSXV:PRD), the Canadian based, Germany focused oil and gas exploration company, has encountered drilling difficulties at its Boerger 7Awell. Here’s a link to the news release. “After setting a whipstock at 660m, PRD encountered directional drilling challenges in soft sediments requiring changes to the well plan. The decision has now been made to… Continue Reading
Pilot Gold (PLG:TSX) released further assay results from their TV Tower project in Turkey. This round of drilling focused on near-surface silver-only mineralized zone near the KCD target. Step-out drilling highlights include hole KCD-151R which hit 91.5m of 90.2g/t silver including 34.5m of 176g/t silver. Hole KCD-149R intersected 61.5m of 43.6g/t silver. The company also… Continue Reading
By Mich Massaad, Beating The Index I still remember quite well the oil shock we witnessed in 2008; oil hit a record of $147 per barrel and quickly tumbled back down as the economy collapsed. The way events are moving these days, chances are we are about to witness a larger oil shock thanks to… Continue Reading
OGIB’s Keith Schaefer thinks Canadian based oil companies are set for a run. Lots of int'l money flowing into #Canada #oil stocks today–if you like it, better buy it–sector trade starting in earnest — Oil&Gas Investments (@OilandGasInvest) September 6, 2013 Take a look at these three charts: 1. Gran Tierra Energy Inc. (TSX:GTE) $1.94 billion market… Continue Reading
King World News has released a new podcast with Pierre Lassonde. Mr. Lassonde is one of the world’s most credible and successful gold speculators. He built the original Franco Nevada and is currently Chairman of Franco Nevada Corporation, a seven billion dollar gold royalty company. He was previously CEO of Newmont Mining, the United States’s… 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
The Belarusian/Russian potash conflict continues to deepen after the Belarusian government detained OAO Uralkali CEO Vladislav Baumgertner on Monday. Russia has officially responded to the actions taken by Belarus by ordering Russian oil companies to cut oil exports to Belarus by one quarter. Uralkali Chairman, Suleiman Kerimov, has been cited by Belarusian authorities as potentially… Continue Reading
OAO Uralkali CEO Vladislav Baumgertner is being detained in Belarus. Baumgertner is also the Chairman of the Belarusian Potash Co (a trading venture set up by Russia’s Uralkali and Belaruskali and controlled 40% of global potash exports) and is accused of abusing his position after Uralkali shocked the markets by stating it would be quitting the… Continue Reading
Shares in Petromanas Energy (TSX-V:PMI) are up approx. 65% since the Calgary-based, Albania-focused oil and gas explorer announced an operational update and Q2 results last Thursday. Petromanas is exploring Blocks 2-3 in Albania with super-major Shell (75%). At the Shpirag-2 target (pictured), PMI intends to conduct a controlled test of approximately 350-400 metres of the… Continue Reading
US equity markets are experiencing capital inflows from around the world for three fundamental reasons: 1) A strengthening currency 2) Growth on the margin; and 3) Capacity. These three characteristics make US equities as extraordinary as an honest politician, and are the basis of an extremely compelling case for US Growth and Consumption stocks as… Continue Reading
By James Kwantes, World of Mining Rebalancing, Part 2: Signs of life (click here for part 1) In my last post, I detailed the positions that I’ve sold (Amerigo Resources, Sandstorm Gold/Metals & Energy) or dramatically reduced (Lumina Copper) in the past couple of months. This post takes a closer look at stocks I’ve purchased… Continue Reading
Alamos Gold (AGI:TSX) announced that it has received final signatures from the Turkish Ministry of the Environment and Urbanization for its Kirazli gold project located in Turkey. The EIA on the Agi Dagi project has been progressing as well and is now at the final stages for approval. With no debt and approximately $475 million… Continue Reading
