Ginguro Exploration (GEG:TSXV) has a new insider. Robert McEwen, the self-proclaimed ‘Chief Owner’ of McEwen Mining (he owns 25% of the company) and co-founder of Goldcorp has invested $1 million into GEG via $0.10 unit ($0.15 ½ warrant) private placement through his Evanachan Limited. This brings his ownership up to 18.5% in the junior Canadian… Continue Reading

I wrote my article on Robert Friedland so fast on Saturday I forgot to include a critical part of the story, notably, how he’s going to finance platinum production at Platreef in South Africa, amidst abysmal capital markets for mining projects. This is what he said: “We’re still running one of the world’s greatest exploration programs… Continue Reading

Roxgold Inc. (TSXV:ROG), a Toronto based junior gold company focused on the Yaramoko project in Burkina Faso, has released results from its Preliminary Economic Assessment (PEA) for the 55 Zone on it’s 100% owned Yaramoko permit. The 55 Zone at Yaramoko has 850,000 ounces at 13.88 grams per tonne gold, with 250,000 ounces at 9.88… Continue Reading

With excerpts from today’s Ivanhoe Mines news release. Robert Friedland, Executive Chairman of Ivanhoe Mines (TSX: IVN), and Lars-Eric Johansson, Chief Executive Officer, announced today that the company is proceeding with the sinking of a bulk-sample shaft to access the underground Flatreef platinum, palladium, nickel, copper, gold and rhodium discovery at its Platreef Project in… Continue Reading

THE CALANDRA REPORT: Subscribe $91 yearly and rising JOHANNESBURG — Ivanhoe Mines (TSX:IVN) this week began what looks like a two-year strategy to fortify deposit estimates and tune technical criteria for its Platreef/Flatreef platinum group metals properties in South Africa’s Limpopo Province. A bulk mining permit is in the works, one of perhaps 16 applications,… Continue Reading

Micro-cap African explorer, Legend Gold (LGN:TSXV) has closed the acquisition of several exploration assets in Mali from Endeavour Mining (EDV:TSX) and has also acquired a private Canadian exploration company called Corado Resources which has assets in the Congo.  Legend recently rolled back their shares 6:1, giving them a total share count of 13.4 million and… Continue Reading

US hedge fund, Two Fish Management, is making a renewed call for the breakup of Barrick Gold (ABX:TSX).  The hedge fund, led by Mike Morris said “the market is essentially assigning a massive conglomerate discount to the company.”  Morris cannot see any compelling reason to own a worldwide conglomerate of gold mines.  Two Fish wrote… Continue Reading

No time to write. May be surprise assays soon from Ivanhoe Mines’ Gabon gold property. Attached are photos from Drc Kamoa and Kipushi projects. Kamoa is likely biggest high grade copper property in world. In SA now at Flatreef Platreef … the African Minerals property that has been in Ivanhoe family since 1991. Platinum nickel… Continue Reading

Just a friendly reminder that Robert Friedland’s Ivanplats has been renamed Ivanhoe Mines and has commenced trading under the symbol IVN on the TSX. Mr. Friedland is touring investors around his properties in South Africa and the DRC this week. Our August 22, 2013 prediction that he would soon send Ivanhoe’s shares above $2 has… Continue Reading

Africa Oil (AOI:TSXV) announced its second quarter results and an update on exploration and operations. The company expects to have a fourth Tullow Oil and Africa Oil JV rig drilled and tested on the 10BB and 13T Blocks in Kenya in October 2013. AOI has also secured a fifth rig for Block 9 in Kenya… Continue Reading

Billionaire promoter and resource developer, Robert Friedland to change name of Ivanplats (IVP:TSX) back to his favorite resource company name, Ivanhoe Mines.  The name change will take effect September 3, 2013 and will trade on the TSX under the symbol “IVN”. “The original Ivanhoe Mines and its predecessor company, Indochina Goldfields, earned international recognition and… Continue Reading

Many analysts are claiming that new platinum ETF and trust products such as Sprott’s physical products have begun to wreak havoc on an already beat up and battered South African platinum industry.  Just as the gold ETFs did in the gold run over the last decade, these new platinum products could rip billions of investment… Continue Reading

By Lawrence Roulston, Resource Opportunities News that the US Federal Reserve may begin cutting back on Quantitative Easing panicked investors around the world. The mere suggestion that the easy money might be cut back if the economy continues to improve exemplifies how dependent investors have become on what is effectively a government handout. The sharp drop in… Continue Reading

LIBERTY METALS & Mining Holdings continues to take stakes in emerging gold and metals producers. This one has Karma. The unit of the large insurer, Liberty Mutual, came across my screen about a year ago, when it gave Red Eagle Mining in Colombia (RD in Canada) $8 million in exchange for a net smelter royalty… Continue Reading

To follow the smart money in junior gold stocks is to subscribe to Brent Cook and Quinton Hennigh’s Exploration Insights newsletter. Ten days ago we caught up with Brent and today we’ve got Quinton on the line to tell us about his latest opportunities. Jump to the audio here -> This afternoon’s conversation with Quinton… Continue Reading