This morning, Canada Carbon (CCB:TSXV) announced the preliminary results of laboratory characterization tests being conducted by Evans Analytical Group (EAG) on its Miller high-purity hydrothermal graphite. The results were obtained using Raman spectroscopy and definitely determines the degree of crystallinity of graphite (and other materials). These tests showed that the Miller project’s graphite has an abnormally… Continue Reading

Late last night, Silver Standard Resources (SSO:TSX) announced it has entered into an agreement with Barrick and Goldcorp to acquire their producing Marigold mine in Nevada for $275 million.  The mine is owned 66.7% and 33.3% by Goldcorp and Barrick, respectively.  The mine produce 162,000 ounces of gold in 2013 and is expected to produce between… Continue Reading

Chicks dig the bulls-eye Early reports indicate that Japan’s annualized 2013 Q4 GDP growth likely reached 2.6%, which would make it the fifth straight quarter seeing an increase in annualized GDP. This bit of good news is naturally attached to the government’s spiked punch bowl fiscal, monetary and structural reforms dubbed Abenomics. After Prime Minister… Continue Reading

If we had to title a book describing the market environment of the past few months it would be appropriately entitled “A Market of Complacency”. Today for the first time much of that complacency was washed away as fear took its place front and center: Click to enlarge VIX (daily) E-mini S&P futures (hourly) 30-Year… Continue Reading

Dr. John-Mark Staude’s prospect generator, Riverside Resources (RRI:TSXV) has signed an agreement with a private Mexican company to acquire a 100% interest in the Cajon gold project with their strategic alliance partner, Hochschild Mining Plc.  The Cajon project is located near Goldgroup’s (GGA:TSX) Cerro Colorado mine and Timmins’ (TMM:TSX) San Francisco mine.  Recent exploration work… Continue Reading

Virginia Mines (VGQ:TSX), a hybrid between an exploration company and a royalty company, has signed an agreement between three Quebec institutions to help finance $28 million worth of expedited exploration at the company’s Coulon massive-sulphide prospect in Quebec.  The financing group included SODEMEX Developpement LP (a subsidiary of the Caisse de depot et placement du Quebec)… Continue Reading

Which way is the beach? If you’re having flashbacks of Elton John singing “Candle in the Wind” or Leo helping Kate fly, don’t be alarmed. It’s not actually 1997. It sure does feel like it though. Concern over China’s inevitable potential crash and Fed tapering have sent emerging markets spinning. In response, Turkey (+5.5%), South… Continue Reading

By 1994, it was emerging that Alumbrera, our huge copper and gold project in Argentina, was shaping up to become a very large deposit. With the impending sale of our interests to a major mining company, I began to ponder our next venture. I asked John C. Thornton, noted geologist from Tucson, Arizona, where the… Continue Reading

We think the risk/reward proposition for buyers of Ivanhoe Mines (TSX:IVN) is quite attractive from current levels (below 1.70). From a Technical Analysis perspective, the multi-month falling wedge has dropped into the 1.50-1.70 support zone. Volume has also dried up which we like to see before a big bounce – $2.00 is a reasonable short… Continue Reading

Robert Disbrow, the Vice President of Institutional Sales and Director of Haywood Securities Inc and co-founder of former institutional powerhouse firm First Marathon, is acquiring shares of micro-cap silver-zinc explorer Caracara Silver (CSV:TSXV).  According to filings, Mr. Disbrow has acquired roughly 2 million shares since September 2013 at prices ranging between $0.065 and $0.025 per… Continue Reading

Today, one can’t turn on CNBC or Bloomberg without being slapped in the face with the latest episode of Japan’s Abenomics or China’s Great Leap to a Consumption Economy. No doubt, how these two Asian giants manage their economies will determine the fate for many countries in 2014 and beyond. To get a better grasp… Continue Reading

The Matthew Hornor led Kaizen Discovery (KZD:TSXV), which is over 40%-owned by legendary resource developer Robert Friedland, has secured a $5.1 million strategic investment from ITOCHU Corp. of Japan.  Matthew Hornor has deep connections in Japan and was instrumental in securing Ivanhoe Mines’ (IVN:TSX) $300 million investment by a Japanese consortium for their Platreef platinum project… Continue Reading

Endeavour Mining Delivers 324k oz in 2013, Forecasts 400k to 440k oz in 2014. All in costs: $985-$1070 Today, after the Canadian markets closed, Endeavour Mining (EDV:TSX) released their 2013 fiscal year end numbers as well as an official outlook for fiscal 2014.  The company produced a total of 324,275 ounces of gold in 2013 which… Continue Reading

Jim Dines has been writing one of the world’s best read financial newsletters, The Dines Letter, since the 1950’s, and he’s still going strong… A few days ago Dines joined King World News to discuss his outlook for 2014 (Listen to the interview). Dines pats himself on the back for calling the coming 3D printing… Continue Reading

Bankers Petroleum (BNK:TSX), the Calgary-based heavy oil producer, is Albania’s largest foreign direct investor.  The video focuses on Albania’s oil history as well as Bankers’ massive Patos-Marinza oilfield.  That oilfield is the largest ever discovered in continental Europe.  The company drilled 146 wells into the Patos-Marinza field in 2013 and expects to drill over 175 in… Continue Reading