Thanks Glencore, You just promised to cut more production than there is current LME inventory in the copper market. 400,000 tonnes of production is a huge cut that should push the copper market into deficit for the next 18 months. This is going to be great for the copper market and copper-producing countries like the… Continue Reading
Up until a couple days ago we had ants in our office. Once they made it to the kitchen counter I bought ant poison and eradicated the issue, but before that I spent some time studying their behaviour. The more I watched them the more and more they reminded me of stock market investors. Most… Continue Reading
James here… A quick post letting you all know that I will be heading out in the field tomorrow morning for 10-14 days doing mineral exploration work. I will doing (IP) work on the Hot Bath property located close to Dease Lake, British Columbia. I have had the opportunity a few times in the last… Continue Reading
A look at the top mining press releases out this morning with some additional comments on each. Fission Uranium – (FCU:TSX) – Fission is out with a PEA on the Triple R Deposit on the PLS property in the Athabasca Basin. The PEA was completed by RPA Inc. The PEA does show an attractive post tax… Continue Reading
By Simon Moores, Co-Founder and Analyst at Benchmark Intelligence Tesla Motors’ CEO Elon Musk has admitted the company is pursuing lithium deals in Nevada. Tesla is looking to add to the conditional deal it struck with Bacanora Minerals / Rare Earth Minerals and Musk was forced to admit last night on Twitter that Nevada projects are… Continue Reading
Source: JT Long of The Energy Report (9/1/15) Canadian natural gas prices have held up so well that the majors are taking strategic positions to prepare for an eventual demand spike. But the paydays could be delayed depending on the outcome of the Canadian federal election on Oct. 19. In this interview with The Energy Report,… Continue Reading
Our final site visit in this whirlwind tour of the Yukon was to the most advanced and fully permitted development stage project in the Territory, Victoria Gold’s (TSX.V : VIT) Eagle Project, which is well supported by both Government and First Nations. The Eagle project has completed a Feasibility Study and finalized an Environmental Assessment.… Continue Reading
A flurry of news releases to start the month of September. I take a look at a few of what I consider to be the top headlines and provide a link to a few others. Integra Gold – (ICG:TSXV) – Integra Gold is out with final drill results from the winter/spring program at the Lamaque South… Continue Reading
This interview of Rob Chang of Cantor Fitzgerald is based entirely on his own Uranium Sector views. Disclosure here a piece of cake — I have no prior or existing relationship with Mr. Chang, Cantor Fitzgerald or any company listed herein. Rob Chang has been a proponent of the uranium sector for years. Like many of his peers, including… Continue Reading
Skeena Resources (SKE:TSXV) and Dolly Varden Silver (DV:TSXV) – News out this afternoon that Skeena Resources has made a proposal to acquire Dolly Varden Silver. The offer is a share based deal for $4.2 million total with each Dolly Varden share being exchanged for 2.763 Skeena shares. At today’s closing price of 8 cents per shares… Continue Reading
Currency devaluation does not create long term, stable, cost savings for mining companies. Currently, most cost savings touted by mining companies are driven by a weakening of local currency vs USD. However, I don’t think this can be counted on in the long term. At best, it is a nine-month lag, and afterwards, the local… Continue Reading
A look at a few of the mining news releases for today that caught my eye with some additional comments on each. Premier Gold Mines (PG:TSX) – Premier Gold is out with an update on the 100% owned Hasaga project in the Red Lake gold-mining district of Northwestern Ontario. Drill results released this morning include an intercept… Continue Reading
“Without a doubt CEO.ca was the best place to be today for anyone interested in the jr investment game. I’ve paid a lot of money and put on a suit without getting any better insights than I picked up this morning.” This from Tim Oliver, Tucson, Arizona-based minerals and environmental engineer (Source). Thank you for… Continue Reading
Via Stockhouse.com… Brent Cook is one of the grand old newsletter writers of the North American resource scene, a name long respected by investors and sought after by junior miners. Resource guru Eric Coffin is also well respected and a giant on the geo scene. So when the get together for a chat about all… Continue Reading
A look at a few of the mining press releases that caught my eye this morning and some additional thoughts. Goldcorp (G:TSX), Teck Resources (TCK.B:TSX), and New Gold (NGD:TSX) – A couple deals this morning by Goldcorp on the same asset the El Morro copper-gold project in Chile. The first involves buying the 30% interest… Continue Reading
