Elephant hunting for huge international oil plays usually means going into (very) politically risky areas. That’s what makes junior Petromanas (PMI-TSXv) stand out from the crowd. They’re chasing a potential 500-800 million barrel target in Europe—Albania to be exact. Lots of energy investors are familiar with Bankers Petroleum and their heavy oil play there—it’s the… Continue Reading

Lukas Lundin’s base metals explorer, NGEx Resources (NGQ:TSX) this morning released seven of fourteen holes from their 2013/2014 field season at their Josemaria project in Argentina.  The focus of their 7,302m program was to define the high-grade supergene zone near the north end of the project and to test a possible extension there. Two of… Continue Reading

Bob Quartermain’s Pretium Resources (PVG:TSX) had a less than stable year in 2013.  The shares went from a high of $13.18 on January 2, 2013 down to a low of $2.89 in November 2013 amid controversy surrounding the legitimacy of their extremely high-grade Valley of the Kings deposit in BC, part of their Brucejack project.  Since… Continue Reading

NexGen Energy (TSXV:NXE) announced a potential uranium discovery in the SW Athabasca Basin region of Northern Saskatchewan yesterday. Visible uranium was seen in the first hole drilled into the Arrow target at the Western side of NexGen’s Rook 1 project, which caused shares in the junior explorer to rise over 90% Wednesday. “There’s an element of luck,”… Continue Reading

Coming off the back of the recent early-stage discovery made by NexGen Energy (NXE:TSXV) yesterday, Skyharbour Resources (SYH:TSXV) and their joint venture partners have announced they have completed their gravity surveys on the Preston Lake project located in the Patterson Lake South region.  The gravity survey identified 23 gravity low anomalies which the company will follow up… Continue Reading

NCQ data by YCharts NCQ:TSX | 53,527,862 Shares O/S (basic) | $80,827,000 Market Cap | $1.45 – $2.20 Year Range | $1.50 Last Trade (halted) NovaCopper Inc which is developing the large, high-grade polymetallic Upper Kobuk Mineral Projects in Alaska, announced after market today that it would raise $20 million of which $10 would be allocated to three strategic investors… Continue Reading

THE CALANDRA REPORT: Subscribe $91 yearly SAN FRANCISCO — I promised more from J. Kristina Walcott, the 44-year-old mine developer who has been running Alaska operator Freegold Ventures since September 2009. Freegold (FVL in Canada and FGOVF in USA) this week got a 4-cent nudge, mostly from a Germany mailer to individual investors in that country.… Continue Reading

After announcing the stock was halted yesterday morning, all eyes have been on the newswires for NexGen (NXE:TSXV) in anticipation of a new Athabasca Basin uranium discovery.  Well, the anticipation is over and the company has made a discovery.  Alright, an early-stage discovery.  This find comes in an unexpected area which means more drilling is warranted… Continue Reading

Anticipation is building to find out what’s going on with NexGen Energy (TSXV:NXE). The company’s shares were halted before the opening bell this morning, and remain halted at press time (11:11amPST). NexGen is currently one month into a drill program at their Rook 1 project in Saskatchewan’s SW Athabasca Basin, a property which is adjacent… Continue Reading

The M&A markets in the resource sector have been hot so far this year with Goldcorp’s hostile bid for Osisko holding the top spot.  This morning, the Toronto-based private equity firm, Waterton Global Resource Management announced it has made a hostile bid for all of the shares of Chaparral Gold (CHL:TSXV) for $0.50 per share… Continue Reading

SIGN UP FOR CEO.CA’S FREE LIST  |  MORE PHOTOS  |  DISCLAIMER The reality distortion field, made famous by Steve Jobs’ biographer Walter Isaacson, is a personal intensity and vision so powerful it bends people to your will, convincing them of a project’s higher purpose. Isaacson describes this capacity for influence as a notorious trait of Steve Jobs,… Continue Reading

TCR first flagged the idea of a Nelson Mandela platinum coin in early November 2013. Now, the coin idea is in the news. See: Mandela Platinum Coin A platinum coin memorializing Nelson Mandela could mesmerize Mandela fans and use 1 million ounces of the metal a year, platinum executives in South Africa estimate. Some mints… Continue Reading

I joined CNBC Africa during the Mining Indaba convention last week in Cape Town, South Africa. Interviewer Svetlana Doneva and I discussed Canada’s leading role in mineral and energy exploration and development on that continent, which I credited to our intellectual property and technology, as well as the Canadian style of entrepreneurship, which lends itself… Continue Reading

LUP data by YCharts Lundin Petroleum (LUP:TSX) the 40% operator of the massive Johan Sverdrup oil field and their partners (40% Statoil, 20% Maersk Oil) have announced development plans.  Johan Sverdrup has between 1.8 to 2.9 billion barrels of gross recoverable contingent resources making it one of Norway’s largest oil discoveries.  At full field production, the group… 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