Unlike many analysts, Joe Mazumdar of Canaccord Genuity does not expect a substantially higher gold price any time soon. So what are hard-pressed gold investors to do? In this interview with The Gold Report, Mazumdar argues that they should seek high-grade resources—usually underground—in stable jurisdictions that benefit from the strong American dollar. And he highlights seven near-term… Continue Reading
Montan Mining (MNY.v) is a small junior miner in the process of acquiring the Mollehuaca Gold Processing Plant in Peru for US $3.3 million. The Plant will allow Montan to process ore for Peru’s formalized small-scale miners, and potentially make a profit in good and bad metals markets. This morning, Montan announced it had secured… Continue Reading
A look at my top news releases out this morning in the mining world. Today we look at news releases from Royal Gold and Randgold. Thanks for reading. Royal Gold – (RGL:TSX) – Royal Gold has been busy issuing a few news releases in the last couple days. 2015 fiscal results were released this morning… Continue Reading
A quick look at the news releases from NexGen Energy and Semafo with additional comments on each. Thanks for reading. NexGen Energy – (NXE:TSXV) – NexGen is out with radioactivity results for 5 drill holes from the Rook 1 property in Saskatchewan. All 5 drill holes this morning have intersected substantial mineralization and were step out… Continue Reading
A look at a couple of the mining headlines that caught my eye this morning with some additional comments on each. Ivanhoe Mines – (IVN:TSX) – Ivanhoe and Zijin have extended the date of extend the date for completion of Zijin’s planned investment in Ivanhoe’s Kamoa copper project in the Democratic Republic of Congo. The original… Continue Reading
Gold is at an interesting crossroads. Sentiment couldn’t be much worse and the technical picture is putrid. However, we are entering what has historically been by far the most bullish 5 week stretch of the year historically: The clear bullish bias lasts all the way through Labor Day (September 7th). We will be interested to… Continue Reading
I used to jokingly characterize Canadian Juniors as three geologists with a mail drop in Vancouver. One is too old to travel, one is drilling in the jungle and the third is somewhere raising money. If that was ever correct, it is not correct today. A random selection of 21 out of 1180 companies listed… Continue Reading
A look at a few mining press releases that caught my eye to start the week and a few additional comments on each. First Majestic Silver (FR:TSX) and SilverCrest Mines (SVL:TSX) – First Majestic Silver has announced a definitive agreement to acquire SilverCrest Mines. SilverCrest shareholders have been offered 0.2769 of a common share of First… Continue Reading
A look at a few of the mining press releases out this morning that caught my eye with some additional comments. B2Gold – (BTO:TSX) -B2Gold is out with second quarter production results of 121,566 ounces. BTO is one of he fastest growing mid tier producers and hopes to grow production from 380,000 in 2014 to… Continue Reading
A slow day for mining news as commodity related stocks continue to sell off. Today I take a look at the news from Klondex Mines and Platinum Group Metals. Klondex Mines – (KDX:TSX) – Klondex Mines has released 2nd quarter production results this morning. The Midas Mine and the Fire Creek project in Nevada combined… Continue Reading
A look at a few of the mining headlines that caught my eye this morning with some additional comments on each. Torex Gold – (TXG:TSX) – Torex is out this morning with a new PEA on the Media Luna project in southwest Mexico. Also included in the news release was an updated 43-101 resource estimate… Continue Reading
Gold has broken down overnight after hitting a low of $1080 on a large $2.7 billion sell order. Gold is last trading at $1107 per ounce. Here is a look at a few of the mining releases out this morning with my comments on each. Royal Gold (RGL:TSX) and New Gold (NGD:TSX) – Royal Gold… Continue Reading
Gold breaks below the $1140 mark (last at $1133) as good economic news out of the US causes further selling in the yellow metal. A quieter Friday but a look at a few of the mining releases out today with some additional comments. Metanor Resources – (MTO:TSXV) – Metanor has released fourth quarter production results… Continue Reading
A look at a few of the more prominent mining releases out on this Thursday morning. NexGen Energy – (NXE:TSXV) – NexGen Energy continues to impress at the Rook I uranium project in Saskatchewan. The first set of results from the 25,000m summer program were released this morning. NexGen after the Fission/Denison merger is the… Continue Reading
Dear CEO.CA readers, The programme for Europe’s largest mining investment forum has just been launched and you can view it online here: http://bit.ly/1OdfDfm Inside we reveal the resource investment titans, revered industry veterans and innovative mining entrepreneurs set to feature at Mines and Money London this Nov 30 to Dec 3. You’ll also gain a glimpse… Continue Reading
