NexGen Energy (TSXV:NXE) announced a potential uranium discovery in the SW Athabasca Basin region of Northern Saskatchewan yesterday. Visible uranium was seen in the first hole drilled into the Arrow target at the Western side of NexGen’s Rook 1 project, which caused shares in the junior explorer to rise over 90% Wednesday. “There’s an element of luck,”… Continue Reading

NCQ data by YCharts NCQ:TSX | 53,527,862 Shares O/S (basic) | $80,827,000 Market Cap | $1.45 – $2.20 Year Range | $1.50 Last Trade (halted) NovaCopper Inc which is developing the large, high-grade polymetallic Upper Kobuk Mineral Projects in Alaska, announced after market today that it would raise $20 million of which $10 would be allocated to three strategic investors… Continue Reading

Last Thursday, Alderon Iron Ore (ADV:TSX) announced that the government of Labrador and Newfoundland had approved the building of third power line from Churchill Falls to Labrador West.  This meant that Alderon would be able to negotiate a power agreement with the government for their Kami iron ore project and represented a significantly positive step in… Continue Reading

TGM data by YCharts True Gold Mining (TGM:TSXV) has support from some of the biggest and brightest resource investors, including their Chairman Dr. Mark O’Dea, Canadian mining behemoth Teck Resources and giant US mutual fund Liberty Mutual.  Today, the company announced it has closed a total of $51.9 million in equity. This financing makes the company’s flagship… Continue Reading

TCR first flagged the idea of a Nelson Mandela platinum coin in early November 2013. Now, the coin idea is in the news. See: Mandela Platinum Coin A platinum coin memorializing Nelson Mandela could mesmerize Mandela fans and use 1 million ounces of the metal a year, platinum executives in South Africa estimate. Some mints… Continue Reading

Some are better at allocating the pie than others I am not personally a fan of most “How CEOs Succeed” books because: a) I’m not one and; b) most are pretentious self-serving ghost written cookie cutter full of tired clichés. However, to do CEO.CA justice, I thought it would be worthwhile to sing the praises of… Continue Reading

Are you satisfied with your life? Do you go to work knowing you could do better? Knowing there are unique talents in you that could make you great, the best in the world? This post is about achieving mastery. But also why it’s ok to not get mastery in the traditional sense. You can define… Continue Reading

Coming off of their recent successful acquisition of PMI Gold, Asanko Gold (AKG:TSX) announced its development strategy for the development of the Ghana gold projects.  The company now holds the capability of producing over 400,000 ounces of gold per year (from zero currently) within 5 years.  Asanko successfully acquired PMI Gold in order to consolidate the Obotan and Esaase development… Continue Reading

Recently, we had the pleasure of sitting down with two of exploration geology’s brightest young stars; Dr. Alan Wainwright and Daniel MacNeil.  Dr. Wainwright (Chief Geologist) and Mr. MacNeil (Project Acquisition and Development) allowed us to visit them in the humble Vancouver offices of their current venture, Desert Star Resources (DSR:TSXV). Mr. MacNeil has over… Continue Reading

This morning, Pretium Resources (PVG:TSX) hosted a web conference from Toronto’s St. Andrews Club which was intended to shed light on the Valley of the Kings resource estimate at their Brucejack project.  The presentation was led by Ivor Jones, an Executive Consultant with Snowden Mining Industry Consultants as well as Robert Quartermain (President and CEO,… Continue Reading

GCM data by YCharts Shares of Gran Colombia Gold (GCM:TSX) which came under severe pressure last year on the back of a dramatically dropping gold price and questions about their solvency, are up over 127% in February as the street feels the short squeeze.  Investors gained confidence in gold and gold equities in the early… Continue Reading

AOI data by YCharts Lukas Lundin’s oil exploration vehicle, Africa Oil (AOI:TSX), is planning to drill at least 20 exploration and appraisal wells in the South Lokichar basin which will include exploration wells targeting 4 new oil basins.  This program is fully funded as the company raised over $450 million last year in the largest… Continue Reading

Silver has spent the last 10 weeks forming a wide bottom amid bullish momentum divergences and increasing signs of accumulation: Click to enlarge This bottoming pattern also happens to have formed during a period which saw the most depressed public sentiment towards silver in over a decade: Via The Daily Gold Meanwhile, the gold/silver ratio… Continue Reading

There are many interesting things about Hudbay’s takeover offer for the 84% of Augusta Resource that it doesn’t already own – an offer that has breathed a bit more life into a moribund mining M&A scene that is slowly reviving. Augusta is developing the advanced-stage Rosemont copper deposit southeast of Tucson, Arizona, which is projected… Continue Reading

Orvana Minerals (ORV:TSX) has found a buyer for their Copperwood project in Highland Copper (HI:TSXV).  Orvana has been considering divesting the asset for sometime now in order to focus on its two producing assets and to strengthen its balance sheet.  Orvana announced this morning they have signed a definitive agreement with Highland Copper which will… Continue Reading