Canada Carbon (TSX-V: CCB), a Vancouver-based firm engaged in the acquisition and exploration of mineral properties in Ontario and Quebec, announced today that the company had commenced the second phase of drilling at their Miller Graphite project located in Quebec. According to the news release, the campaign is intended to define the graphite mineralization at… Continue Reading

Patterson Lake uranium explorer, NexGen Energy (NXE:TSXV), released the results of their aerial geophysical surveys along their southern Athabasca basin margins, at the Rook and Dufferin areas.  The surveys identified five zones of elevated U-channel radiometrics on the Rook I property of which two are in the area where they completed their initial 12 hole drill… Continue Reading

With the question of whether the deal between Alpha Minerals (AMW:TSXV) and Fission Uranium (FCU:TSXV) now out of the way, the stage is set for consolidation wave in the Patterson Lake region of Saskatchewan.  Some questions were raised recently about whether this deal would be finalized following a lawsuit involving Fission which muddied the waters.  However, now… Continue Reading

Yesterday, the Honourable Ed Fast, Minister of International Trade, announced that Canada and Albania have finalized negotiations on a foreign investment promotion and protection agreement (FIPA). Minister Fast made the announcement at Albania’s Independence Day reception in Ottawa.  A FIPA is a treaty designed to promote and protect Canadian investment abroad through legally binding provisions… Continue Reading

Ronald Pantin’s Pacific Rubiales (PRE:TSX) has closed its acquisition of Colombian-focused light oil producer Petrominerales (PMG:TSX) for $11 per share in cash and 1 common share of NewCo.  The NewCo will be funded with approximately $100 million cash and will hold some of the non-core assets previously held by PMG.  This transaction was expected to… Continue Reading

As the gold price continues to slump, two things in the gold market matter the most: grade and capex intensity.  Dalradian Resources (DNA:TSX) is developing an extremely high-grade Curraghinalt gold mine in northern Ireland and today announced an update on the permitting process there.  According to the release, the strategic planning division of the Department… Continue Reading

Anchor Andrew Bell sported an arm sling on his Commodities program on BNN television earlier, citing a cycling accident. The show must go on, however and three CEOs joined Bell this morning to tell their stories. Brian McLachlan, President and CEO of Yoho Resources (TSXV:YO), was the first guest on the program. Yoho are developing oil… Continue Reading

Ryan Gold Corp. (RYG) added three cents to 14 cents on 925,000 shares. Interim president David Schmidt has moved to vice-president of corporate development so executive chairman Murray John can take over as president. Mr. John is also the president of Corona Gold Corp. (CRG: $0.41) and a director of Dundee Precious Metals Inc. (DPM:… Continue Reading

The largest independent oil and gas producer in Latin America, Pacific Rubiales (PRE:TSX) has closed its previously announced offering of US$1.3 billion of senior unsecured notes with an interest rate of 5.375% maturing in 2019.  PRE is one of the fastest growing and according to Bloomberg their compound production growth over the last five years is… Continue Reading

The Globe and Mail reports in its Tuesday edition that RBC analyst Nathan Piper upgraded Parex Resources ($5.95) to “outperform” from “sector perform.” The Globe’s Darcy Keith writes in the Eye On Equities column that the upgraded came in the wake of Parex posting a cash-flow funded 2014 capital plan that is expected to deliver… Continue Reading

Some of the best value offered in the junior markets come in the form of junior to mid-cap international E&P’s.  These are substantially discounted to their domestic peers.  Petroamerica Oil (PTA:TSXV) is one of these junior international E&P’s.  The company released their third quarter results which highlighted the profitability of this light oil producer.  The company… Continue Reading

Lukas Lundin’s Lucara Diamond (LUC:TSX) sold almost $23 million from their third ‘exceptional’ stone tender.  The diamonds were from the company’s Karowe mine in Botswana which has been the backbone of the company’s success this year.  In May of this year, LUC announced their first stone tender which sold 15 stones for gross revenue of… Continue Reading

Canada Carbon (TSX-V: CCB), a Vancouver-based mineral exploration and acquisition firm operating in Ontario and Quebec, released trenching and drilling assay results from their past producing Miller graphite project located in Quebec. According to the news release, results showed that graphite mineralization extended from the surface to a depth of 39 metres. There were untested… Continue Reading

Once an investor favorite, Cameco Corporation (CCJ) fell on hard times following the Fukushima disaster in March 2011. However, now there is ample reason for optimism from both a fundamental and a technical standpoint: Click to enlarge CCJ Daily CCJ Weekly Uranium Supply/Demand Gap ( Cameco Investor Presentation) Fukushima’s most dangerous operation yields first successes… Continue Reading

Amir Adnani’s Brazil Resources (BRI:TSXV) has closed its acquisition of Brazilian Gold (BGC:TSXV) which it announced in late September.  BRI purchased BGC using its shares in an exchange ratio of 0.172:1 putting a value of roughly $13.5 million on BGC and their extensive gold exploration asset portfolio in Brazil.  Along with building Uranium Energy Corp (UEC:NYSE), Adnani… Continue Reading