A look at some of the mining headlines crossing the wires this morning with some additional thoughts. Zenyatta Ventures – (ZEN:TSXV) – Zenyatta is out with the much anticipated PEA on the Albany hydrothermal graphite project in Northern Ontario, Canada. The PEA has returned results of a  base case after-tax Net Present Value at a 10% discount… Continue Reading

Via Energy and Gold.com: It’s been a long time since i’ve seen such an abundance of yellow/red flag warning signs out there. At this moment I would be remiss if I did not point out all the warning signs i’m seeing: M&A activity during the month of May is set to blow the previous record month… Continue Reading

  I had the privilege of attending the Metals Investor Forum 2015 held in Vancouver, BC on Saturday May 30th. The event was well attended with ~350 people. Attendees included retail investors, brokers, company executives, mining engineers, investor relations, accountants, and the odd analyst (blogger). The conference was put on by the four mining newsletter… Continue Reading

A look at few of my top headlines from this morning with some additional comments. BitGold – (XAU:TSXV) – BitGold has announced a $18.2 million dollar bought deal at $3.65 per share. A syndicate of underwrites led by GMP Securities and including Clarus Securities,Canaccord Genuity, and Dundee Securities Ltd has agreed to purchase the 5 million… Continue Reading

Via Energy and Gold.com 4 troubling charts:   1. Chicago PMI at levels which have historically almost always correlated with recessions     2. Producer prices offer a strong whiff of deflation…   3. U.S. 1st quarter GDP was absolutely dreadful regardless of all the excuses we may want to make     4. U.S.… Continue Reading

A look at some of the top mining stories out this morning and some additional comments on each. Ivanhoe Mines – (IVN:TSX) – Ivanhoe hosted a conference call this morning discussing the transaction announced with Zijin Mining. Ivanhoe and Zjin struck an agreement on Tuesday (May 28th) where Zijin would acquire a 49.5% stake in… Continue Reading

Fabrice Taylor, editor of the President’s Club newsletter, shared some smart small-cap selling strategies in the May 26 edition of his influential newsletter. The following is edited slightly to remove company names and for brevity. “I am constantly reminding investors to TAKE PROFITS. We invest in some riskier names, and we do much better than the… Continue Reading

A look at some news releases this morning that caught my eye. Guyana Goldfields – (GUY:TSX) – Guyana Goldfields will be one of the next gold producers worldwide. This mornings press release has announced that mill testing has started at the Aurora gold project in Guyana. Initial production is expected in mid 2015. Project construction… Continue Reading

A look at some of the news out today in the mining world with a few additional comments on each. Mariana Resources (MARL:AIM) – Mariana is out with an update on the Hot Maden prospect in Eastern Turkey. Mariana so far in my opinion is the exploration story of 2015 after hitting two monster drill… Continue Reading

Ivanhoe Mines and China’s Zijin Mining Group sign landmark agreement to co-develop the world-scale Kamoa copper discovery in the Democratic Republic of Congo Zijin to acquire 49.5% of Ivanhoe’s Kamoa stake for a total cash consideration of US$412 million Zijin holds option to acquire an additional 1% share upon successfully arranging project financing for 65%… Continue Reading

A quieter day expected on the news front today as the US market is closed for the memorial day holiday. I did find a couple interesting news stories with my comments below. Barrick Gold – (ABX:TSX) – Barrick will be selling the Cowall Mine in Australia to Evolution Mining for $550 million US.  Barrick will… Continue Reading

Since 1867, after Alfred Nobel invented dynamite, the basic cycle of hard rock mining has remained constant: drill, blast, much, repeat. What has obviously changed at today’s comparatively massive mines, are the technology, processing and mining methods, all triggered by advances in engineering. I recently read a phenominal book about the most innovative of early… Continue Reading

As one of the greatest nations on the planet, the United States excels in a number of areas, innovation and entrepreneurship foremost among them. But something you might be hard-pressed to find at the top of anyone’s best-of list is infrastructure—specifically roads, rail and mass transit. In this department at least, the U.S. has some… Continue Reading

Klondex Mines (KDX:TSX) – Klondex a top performer in the gold space is out with drilling results on the Hui WU Vein. The Hui WU Vein is located at the Fire Creek project in Nevada. Highlights of Hui Wu vein include: 13.5 ounces per ton (461.6 grams per tonne) gold equivalent over 11.5 feet (3.5… Continue Reading

Independence Gold- (IGO:TSXV) – Cash rich Independence Gold is out with a $1.8 million exploration budget for summer work in the Yukon. Work will be completed on  the Boulevard and Henderson projects located in the White Gold area south of Dawson City.  The drill programs are expected to begin in the middle of June and total… Continue Reading