A look at some of the mining headlines out this morning that caught my eye. Rubicon Minerals – (RMX:TSX) – Rubicon is the world’s newest high grade gold producer as the Phoenix project in Red Lake, Ontario. First gold pour has been completed of ~741 ounces. Rubicon has now completed construction at the mill… Continue Reading
A look at some of the more interesting mining press releases out this morning with some additional thoughts. Mariana Resources – (MARL:AIM) – Mariana has released more drill assays from the promising Hot Maden project in eastern Turkey. Step back drilling has intersected high grade mineralization of 109.9m @ 11.9 g/t Au and 1.13% Cu in… Continue Reading
A look at a couple of the mining news releases out this morning with some additional comments on each. Atac Resources-(ATC:TSXV) – Atac has commenced the summer exploration program at the Rackla project in the Yukon. Diamond drilling is under way and will focus on the Conrad zone and Anubis cluster. The plan is for… Continue Reading
It was tough kid. We were just coming out of the most perfect spring. The fruit trees were all in blossom, streams filled with fish, deer abounded, and we were all feeling pretty right with the world—we owned it and were the chosen ones. Then we headed out across the flats, believing the prophets that… Continue Reading
Gold producers certainly needed a break, and now they have two, reports Haywood Securities Mining Analyst Geordie Mark. Much lower energy costs and the strength of the U.S. dollar mean that producers can and do make money at $1,200 per ounce gold. In this interview with The Gold Report, Mark touts the virtues of three… Continue Reading
Ever wonder how much gold has ever been exhumed in the history of the world? The GFMS Gold Survey estimates that the total amount is approximately 183,600 tonnes, or 5.9 billion ounces. If we take that figure and multiply it by the closing price on June 16, $1,181 per ounce, we find that the value… Continue Reading
A look at what I found interesting in the mining related press releases out this morning. Klondex Mines – (KDX:TSX) – Klondex has received a key permit for the high grade Fire Creek project in Nevada. The receipt of a water pollution control permit will allow the tonnage cap to be lifted. The WPCP permit allows for… Continue Reading
Bill Gross has founded a lot of startups, and incubated many others — and he got curious about why some succeeded and others failed. So he gathered data from hundreds of companies, his own and other people’s, and ranked each company on five key factors. He found one factor that stands out from the others… Continue Reading
Why are recent natural gas deals in the Western Canadian Sedimentary Basin (WCSB) getting done at very expensive metrics, when the consensus for Canadian gas prices in the near to medium term is lower—potentially a lot lower? The obvious answer is LNG—Liquid Natural Gas exports; even though the first exports are realistically a minimum five… Continue Reading
A look at some of the top mining headlines out this morning with some additional context on each. Pilot Gold – (PLG:TSX) – Pilot Gold is out with news this morning that a 20,000m drill program is under way on the 60-per-cent-owned TV Tower property in northwestern Turkey. Major mining company Teck is the other 40%… Continue Reading
A quick look at a few of the mining news releases out this morning that caught my attention with some additional comments on each. Continental Gold – (CNL:TSX) – Continental has released an additional 20 drill results at the Veta Sur and Yaragua vein systems at the Buritica project in Colombia. The plan is to release… Continue Reading
Chance encounters can provide some of the most rewarding opportunities for investors. Rick Rule, Chairman of Sprott US Holdings, recounts how a small mining event led to a career-changing investment. Rick still attends conferences on a regular basis. As he says, you never know who you may meet. With the 2015 Sprott-Stansberry Vancouver Natural Resource… Continue Reading
To make money in this energy market, you have to be innovative and flexible. I warned subscribers earlier this year to prepare themselves for some out-of-the-box investment ideas to make 2015 a very profitable year. In 2012 I did that with refineries. In 2013 I did that with ethanol stocks as traditional upstream E&P stocks… Continue Reading
A look at some of my favourite news releases out this morning with some brief comments on each. NexGen Energy – (NXE:TSXV) – A huge drill hole out of NexGen Energy this morning as hole AR-15-44b has intersected 68.5 m of 9.56% U3O8 at the Rook 1 project in Saskatchewan. Rook 1 is located in the… Continue Reading
Solitario Exploration and Royalty Co (SLR:TSX) and Ely Gold (ELY:TSXV) – Waterton has purchased the Mt. Hamilton gold project in Nevada off partners Solitario and Ely Gold for $30 million USD. Solitario owns an 80% interest and will receive $24 million with Ely holding 20% and receiving $6 million. An updated feasibility study was completed… Continue Reading
