QOTD: “Under promise and over deliver is smart. Over promise and over deliver is talent.” D’Arcy Stuart, Odgers Berndtson Kansas Farmers Prepare to Plant Winter Wheat in Driest Soil Since 1991. Bloomberg Carlyle Group to Buy DuPont Unit for $4.9 Billion. CNBC RBC, CIBC and TD hike dividends as profits surge. Financial Post.  18 brilliant… Continue Reading

QOTD: “You hang around for as long as I have and they start giving you awards… Twenty years earlier they wanted to put you in jail.” Peter Brown, Chairman of Canaccord, BCBusiness George Kalmar, Prominent Toronto Businessman and Holocaust Survivor, “Who Arrived With A Pregnant Wife and Just $7.50 In His Pocket” Passes Away Peacefully At The Age of… Continue Reading

Cameco Acquires BHP Australian Uranium Deposit For $430 Million. Globe and Mail Harper’s Chief of Staff Faces Conflict of Interest Questions Over Barrick Gold Links. Financial Post “Electricity is the Only Commodity in the World That Isn’t Really Stored…When Storage Becomes Cheap and Massive, ‘The Impact Will Be Huge.'” Bloomberg Some Suggest Putin’s Net Worth… Continue Reading

Greg Weldon’s Macro Market Update Audio. Weldon Financial Greg’s update focuses solely on Gold and Silver, with perspective on … … Gold’s med-term technical breakout … Gold’s longer-term technical position … the decline in the US Dollar Index … Gold ‘priced-in’ Eurocurrency … Gold ‘priced-in’ Yen … the new RECORD HIGH in Gold ‘priced-in’ Brazilian Real… Continue Reading

Meet the Israeli middleman said to have ‘stripped and flipped’ First Quantum’s DRC mine. Mining Good news. Some fees for the street. Sandstorm Gold increases bought deal to $130 million. Yahoo Gold Fields CEO: Reduction in Guidance, Two Operations Are Struggling(video). Bloomberg A Grandmother “Whose Birth Date Could Not Be Confirmed”, Discovered As Brazil’s Wealthiest Woman, Controlling a… Continue Reading

Reformed Calgary/Bogotá-Based Oil & Gas Junior Hits 65 Feet of Colombian Pay And The Market Responds Featuring commentary from Frank Giustra, Jeff Boyce and Ralph Gillcrist, three key stakeholders in the company, Petroamerica Oil Corp. Caution: See PTA’s Foward Looking Statements. Jump to audio. It’s been a tough ride for Petroamerica Oil Corp. (PTA) shareholders,… Continue Reading

There was a 13.8% move upwards today in Petroamerica Oil Corp., stock symbol $PTA.v (bigchart), a company backed by well-known resource investor Frank Giustra. After market a news release came out that suggests PTA.v could have legs: Petroamerica Provides an Update on the Las Maracas-4 Well Results and Las Maracas Production, Colombia. More to come… Continue Reading

by James Kwantes “In a world of steel-eyed death and men Who are fighting to be warm, Come in, she said, I’ll give ya Shelter from the storm.” Bob Dylan, Blood on the Tracks (1975) by James Kwantes Steel-eyed death? Not quite, but speculative investors are bruised and bloodied. And Venture investors are certainly fighting to… Continue Reading

Here’s what I took away from the headlines this morning: Barrick in talks to sell Africa stake to China Gold. See also – why? and Gold expected to pull out of slump. Globe and Mail 5 Founders Who Came Back to Rescue Their Companies. Fiscal Times

What Frank Holmes calls, “The love trade.”

Rory McIlroy Wins the PGA Championship. WSJ Egypt president sweeps out army rulers in hopefully a peaceful end to 60 years of military leadership there. Reuters Five years on, the Great Recession is turning into a life sentence. Telegraph

Mining legend Don McKinnon dies at 83. Timmins Press Selected Achievements: -Self taught, high school drop out prospector turned multi-millionaire; -Discovered the Hemlo Gold Mine — one of the most profitable gold operations in Canadian history; -PDAC Person of the Year in 1982; -Order of Canada winner in 1995; The list goes on. RIP Mr. McKinnon. Leaderboard. PGA… Continue Reading

Apparently a “rogue” Standard Chartered Plc banking unit violated U.S. anti-money laundering laws by scheming with Iran to hide more than $250 billion of transactions. WTF Standard Chartered Plc? Reuters  See also: Crazy details. Business Insider.  Strait Of Hormuz Attack Iran ‘Last Resort,’ Author Says. Bloomberg “Moment of truth.” Best Buy Founder Offers $8.8 Billion to Buy Out Company. Dealbook… Continue Reading

A fun story for mining and US history buffs and an argument for continued strength in copper demand. Stanford University, located in Palo Alto, California, and today known as the epicenter of technology, has graduated untold thousands of students. However, as with most top schools in the world, few of those graduates have chosen mining-related careers. But… Continue Reading

House Passes Ron Paul’s ‘Audit the Fed’ Bill. WSJ (Photograph by Frank Rebelo/CSU-Chico/AP Photo) Robert expects Gold Set for a Huge Break Out. Stock Sage “He who owns the oil will own the world.” Canada again a focus of a new Great Scramble for oil. Globe and Mail The idea that inflation might be our friend is gaining traction. LA Times… Continue Reading