In September, Robert Quartermain did something highly unusual for a mining executive — he signed a streaming deal with an early exit strategy.
In September, Robert Quartermain did something highly unusual for a mining executive — he signed a streaming deal with an early exit strategy.
Rick Rule on BNN Market Call (November 12, 2015) Rick Rule, chairman of Sprott Global, made an appearance on BNN Market Call last night discussing precious metals stocks. BNN host Catherine Murray sat in for regular host Mark Bunting. Rule said that weak global demand is the cause of the price slide in many commodities. For investors with… Continue Reading
Sandstorm Gold (SSL-T) Sandstorm Gold is making a foray into silver and base metals through a blockbuster $152-million streaming agreement with Yamana Gold. The deal, funded through Sandstorm’s line of credit, sees the company pick up: a silver stream on Yamana’s Cerro Moro mine development, including interim silver deliveries between 2016 and 2018 on operating… Continue Reading
After flying into Mayo, central Yukon, from ATAC Resources (Part 2) we packed into a shuttle van to head toward the Keno Hill Silver District. Keno Hill is an extraordinary part of the Yukon; it is the largest and richest silver district in Canada. From 1913 to 1989 there were 35 producing mines which yielded 217… Continue Reading
A look at my top press releases in the mining world this morning. Luna Gold – (LGC:TSX) – Fantastic news for struggling gold company Luna Gold shareholders this morning announcing a $20 million debt and $10 million dollar equity financing with Pacific Road Resources Funds. LGC is not out of the woods yet though as… Continue Reading
Silver Wheaton (SLW:TSX) the world’s largest precious metals streaming company with a market cap of ~$10 billion is out with Q4 and annual results yesterday evening. I am a big fan of the streaming business and believe it should be a part of every resource investors portfolio. I just got off the live conference call this morning… Continue Reading
In a tough market for mining equities royalty companies continue to be solid investments, and in fact, outperform producers. Silver Wheaton (SLW.T) the world’s largest silver streaming company, is an excellent example of this. The company reported net earnings of $4.5 million (1 cent per share) for the third quarter this morning. Silver Wheaton is well… Continue Reading