Ivanhoe Mines published a positive Preliminary Economic Assessment (PEA) for the Platreef project in the Northern Limb of the Bushveld Complex in the South African province of Limpopo. The Platreef mine is projected to be the lowest cost producer of platinum-group metals in Africa, home to over 70% of the world’s production. Key features of the… Continue Reading

Gold has bounced off the $1180 level twice in the last year, most recently in late December. Since then, it’s had a fantastic run and, at the time of writing, was trading at $1380. That’s nearly a 17% gain in less than 3 months. Nickel’s up nearly 20% off its 52-week low of $5.97 with… Continue Reading

Source: Tabasco: Fighting bland food since 1868 | 60 Minutes

> Try Tickerscores free for 14 days The North is interesting from a mining exploration perspective in several ways. First, because it is vast and unexplored, the potential for finding a mega discovery is certainly a possibility. It is no secret that millions of ounces of placer gold have been mined in the Yukon since the… 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

Dave Lowell’s Lowell Copper announced an option to earn up to 70% in the TC property in the Hillsboro – Bisbee mineral trend in New Mexico from Rose Petroleum PLC and a subsidiary. The deal appears to have been structured in a way that allows Lowell Copper to back out if results aren’t promising. The… 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

Toronto-based Continental Gold (TSX:CNL) released a corporate update Thursday afternoon showing strong operating results for the year 2013, including 59,109 metres of drilling (adding to 215,300 metres for the project total), discovery of several new veins, four new precious metal-mineralized systems and – oh yeah – $117.5 million in hand with no debt to service. In… Continue Reading

Bitterroot Resources Ltd. (BTT, TSX-V) has closed a non-brokered private placement of 5,200,000 units priced at C$0.05 in a non-brokered private placement for gross proceeds of C$260,000. Each unit consists of one common share and one common share purchase warrant which is exercisable at C$0.10 until March 4, 2015. The common shares, plus any common… Continue Reading

One of the most undervalued junior oil companies announced an update with mostly good news this morning, and a little bad. Petroamerica Oil Corp. (TSXV:PTA), which trades at less than 1.4x cash flow, produced an average of 6497 barrels of oil per day for the month of February, and 6,453 barrels of oil per day… Continue Reading

Robert Friedland’s Ivanhoe Mines has commenced drilling underground at the historic Kipushi Mine in the D.R. Congo some 1225 meters below surface and less than 1 kilometer from the Zambia border. Kipushi was one of the world’s richest copper, zinc, germanium and precious metals mines from 1924 until 1993; it was flooded in 2011. Ivanhoe… Continue Reading

Robert Friedland’s Ivanhoe Mines has just shared a photo album documenting progression at the company’s three Africa projects: · The Kamoa copper discovery in a previously unknown extension of the Central African Copperbelt in the DRC’s Province of Katanga. · The Platreef Discovery of platinum-group elements, nickel, copper and gold on the Northern Limb of… Continue Reading

They just wouldn’t have it. The Conservative Canadian government wanted a new outside competitor to start driving prices down in the local communications market, and Verizon was making all the right noises, but the big Canadian telcos just wouldn’t let it happen. The jury is out on whether admitting a company like Verizon (VZ:NASDAQ) into… Continue Reading

This morning NexGen Energy Ltd. (TSXV:NXE) announced completion of the first hole at the Arrow prospect, RK-14-21, to 663 meters depth. This was the same hole that caught the market’s attention last week for intercepting what is believed to be uranium mineralization (assays pending) between 207.8 and 231 meters. Today’s news suggests an additional three… Continue Reading

LUC data by YCharts Lucara Diamond (LUC:TSX), announced this morning that its Board has approved a $0.02 per share semi-annual cash dividend.  This move is the first for the Lundin Group of Companies and highlights the stability of the Karowe mine’s diamond production.  The $0.02 dividend is to be declared in May with payment in June. … Continue Reading