Kaizen Discovery (KZD:TSXV) has closed its initial 49% earn-in for the Fairholme copper-gold porphyry exploration project in central New South Wales, Australia (Clancy Exploration owns remaining 51%).   The Fairholme project is located on the Fairholme Igneous Complex.  The company can earn up to 65% in the project by spending $4 million on the ground over the… Continue Reading

Originally posted on WorldofMining.com Diamond explorer Peregrine Diamonds (PGD) released the second and final batch of results from its bulk sample of the CH-6 kimberlite pipe at its 100% owned Chidliak project on Baffin Island, and they were good. Very good. Here’s the news release. Batch C returned a grade of 2.87 carats per tonne, including… Continue Reading

Today is the one year anniversary of making this video with my brother. I thought it would be a great opportunity to share some of my favourite mining and energy quotes, starting with one from Mr. Lowell, of course: “If there’s anything my career says about me, it’s that I’m very good at being wrong.”… Continue Reading

Turquoise Hill (TRQ:TSX) announced this morning that they have completed their US$2.4 billion rights offering which expired yesterday.  The company was able to get 100% of shareholders to participate in the offering which represents over 1 billion shares.  Large shareholders Rio Tinto and Robert Friedland fully participated in the offering.  According to the latest SEDI… Continue Reading

Robert Friedland’s Ivanhoe Mines (IVN:TSX) has completed  dewatering activities to the main working level of the historic and high-grade Kipushi copper-zinc-germanium-lead and precious-metals mine (68% IVN, 32% state-mining company) in the Democratic Republic of Congo (DRC).  The mine’s underground workings were extensively flooded during the previous 18 years when the mine was on care-and-maintenance as a former… Continue Reading

A new mineral exploration company to watch, Kaizen Discovery, will commence trading in Toronto tomorrow under the symbol KZD. Kaizen was born out of an amalgamation with HPX TechCo (50% owned by Robert Friedland) and Concordia Resource Corp. Kaizen will be 85% owned by HPX TechCo (Private) and 15% by Concordia shareholders. The company will… Continue Reading

An article from Mineweb’s Alex Williams this morning summarized the recent discussion Rick Rule (Chairman of Sprott US Holdings) and Robert Friedland had at this year’s Mines & Money Conference in London, UK.  Below are a few of the quotes from the article: “This is very much what a bottom feels like,” said Friedland. “Most of the CEOs of the major mining… Continue Reading

By James Kwantes, World of Mining Eric Friedland’s Peregrine Diamonds released news this morning that moved the stock 52%, to 64 cents, by the time markets closed. A 222-dry-tonne bulk sample from the company’s CH-6 kimberlite returned an impressive grade of 2.7 carats per tonne and 48 diamonds larger than 1 carat, including a 3.54-carat stone. CH-6… Continue Reading

Shareholders of Turquoise Hill Resources (TSX:TRQ) would be wise to participate in an upcoming rights offering, according to company founder and billionaire mining entrepreneur Robert Friedland, who lost control of Turquoise Hill in 2012, and says he still owns 8-9% of the company. “People should buy the rights and exercise them hand over fist,” Mr. Friedland… Continue Reading

LUBUMBASHI, The Democratic Republic Of The Congo – Mining promoter Robert Friedland has released a preliminary economic assessment for a major Congolese copper discovery that he says could be one of the world’s lowest-cost producers. A preliminary economic assessment released Monday by Friedland says a two-phase mine at the site could be worth US$4.3 billion… Continue Reading

According to a private source close to China’s largest gold producer, China National Gold Group, that group is looking at investing in Robert Friedland’s Ivanhoe Mines (IVN:TSX).  The source claims the state-owned China National Gold is interested in acquiring a stake in Ivanhoe’s Platreef project.  The Platreef project is a thick, high-grade Flatreef platinum-palladium-gold-nickel-copper-rhodium deposit in South… Continue Reading

[audio:https://blog.ceo.ca/wp-content/uploads/2013/11/Rick-Rule-CEO.CA-Nov-4-2013-Tommy-Humphreys-Audio.mp3] Sprott USA Chairman Rick Rule, the Carlsbad, California based natural resource financier with nearly four decades of experience, joined us for a conversation earlier today on the current mining bear market, which is approaching its third anniversary. As expected, Mr. Rule was upbeat, and sounds to be making the most of the opportunities being… Continue Reading

Billionaire mining entrepreneur Robert Friedland’s new entertainment company, Ivanhoe Pictures, caught the attention of the Globe and Mail last week (Read: Canadian mining tycoon follows Hollywood dream). Former Friedland financier Frank Giustra is acknowledged in the Globe’s article as the other mining mogul moonlighting in the movie business; In 1997, Giustra founded Lionsgate Films, today… Continue Reading

Robert Friedland’s Ivanhoe Mines (Disclosure: Long) has provided an update on its Kipushi copper-zinc-germanium project in the DRC. Kipushi is one of three flagship assets that Ivanhoe is currently developing, and today’s news release shared a lot of news. Here it is in its entirety: Ivanhoe Mines Reports Ongoing Dewatering at Historic Kipushi Mine in… Continue Reading

US Global Investors (NASD:GROW) CIO Frank Holmes, the always energetic and insightful natural resources fund manager, made two simple yet profound observations regarding identifying junior resource management teams worthy of your investment dollars during a private conversation at Canaccord Genuity’s Global Resources Conference in Miami yesterday. 1) Junior resource companies operating internationally should always have senior managers… Continue Reading