Anyone who pollutes will pay, Alberta says as it releases tough climate change policies CALGARY – Alberta will be coal-power emissions-free by 2030 and will impose a $30 per tonne carbon tax on all emissions – including emissions from cars and furnaces – by 2018. Alberta Premier Rachel Notley unveiled her government’s climate change policies… Continue Reading
Shares of gold miners B2Gold, Endeavour Mining and Randgold slid in Friday trading in the aftermath of a terrorist attack and hostage-taking at a Western hotel in the Mali capital of Bamako that killed at least 27 people. The producers are among mining companies with operations in the west African country. B2Gold had two employees staying… Continue Reading
Christmas came early for Lucara CEO William Lamb, and it took the shape of a near-tennis-ball-sized diamond that captured the world’s imagination and the market’s attention. Lucara shares surged 49 cents, or 30.43%, to a close of $2.10 on heavy trading Thursday on the Toronto Stock Exchange, adding about $200 million to the company’s market… Continue Reading
Newsletter writer Keith Schaefer of the acclaimed Oil and Gas Investments Bulletin stopped by this morning at CEO Chat, the investment conference in your pocket. And the questions – and Keith’s answers – came fast and furious: upstream, downstream and everything in between. Keith is offering CEO.CA subscribers a one-month test drive of his solid newsletter… Continue Reading
In the midst of a gruelling bear market, companies that provide services to publicly traded resource ventures have been hit almost as hard as those operating in the space. However, advising and consulting to junior miners also provides an intimate view into the company, a perspective many individuals are not granted. This, in turn, offers… Continue Reading
Canadian miner Lucara finds 1,111-carat diamond – believed to be second-largest ever A Canadian mining company has recovered a diamond for the ages. The astounding stone has no precedent in the past century and will command a massive price at auction. The only question is how high it will go. I’m still waking up at… Continue Reading
I caught up with royalty specialist John Budreski recently for an update on Morien Resources, a small resource royalty play with two long-life assets in Nova Scotia. The shares had recently slumped below 20 cents from a 52-week high of 28 cents, and I took a position. Budreski, Morien’s president and CEO, didn’t seem too… Continue Reading
Tintina Resources (TAU-V) Australian miner Sandfire Resources is buying out George Soros’s Quantum Partners to consolidate control of Tintina Resources’ Black Butte Copper project in Montana. The deal will see Sandfire purchase an additional 47,244,095 shares at a price of $.0831 per share, a 38.5% premium to Tintina’s Tuesday closing price. Sandfire now owns 57.19%… Continue Reading
Via EnergyandGold.com: Precious metals have had an awful month of November thus far with both silver and gold suffering significant declines while posting record losing streaks. Most notably silver has posted a record 14 consecutive losing sessions and is currently working on a 15th as I write this: Silver (Daily) Several things stand out to me… Continue Reading
Peregrine Diamonds (PGD-V) The peregrine falcon is known for its high-speed dive, which can reach speeds of more than 300 km-h (186 miles-h) as it descends on an unwitting target. Peregrine Diamonds’ stock has undergone more of a low-speed dive since April highs of the high-.30s – it’s been trading near 52-week lows of 14… Continue Reading
It’s been a busy couple of days for Kirkland Lake Gold: this morning the Ontario high-grade producer announced second-quarter production results on the heels of its takeover offer for St. Andrew Goldfields yesterday. Kirkland Lake Gold- (KGI:TSX) – Second-quarter production for the quarter was 33,511 ounces, keeping Kirkland Lake on track to meet annual guidance. Production was… Continue Reading
Newsletter writer and CEO Chat regular Allan Barry Laboucan interviewed Sabina Gold & Silver CEO Bruce McLeod today on his show, Allan Barry Reports. McLeod took the helm on Feb. 15 and it’s been a busy year. Sabina has advanced the Back River gold deposit in Nunavut through two Feasibility Studies, progressed on the permitting… Continue Reading
Third in a series on currencies and leverage, by Benjamin Cox China made the right choice to sell a “leveraged growth” story. They ended up with roads, steel mills, bridges, buildings, and ports. Frankly, even with the cost of a debt default or an inflationary period, they will have – on a net basis –… Continue Reading
Fission Uranium has sent a letter to shareholders, along with the management information circular, ahead of the company’s Dec. 15 AGM in Kelowna. Included in the letter is the dissident slate for the board of directors of Fission, the Athabasca Basin-focused company that is advancing the Triple R deposit at Patterson Lake South. A friendly merger… Continue Reading
The growth outlook in both Asia and Europe, in addition to retail sales in the U.S., all conspired to batter metal prices this week, resulting in significant declines in mining equities. This was reflected in the S&P/TSX Global Base Metals and Global Mining Indices, which both fell to 52-week lows, finishing at 68 and 45.3… Continue Reading
