Sandstorm Gold (SSL-T) Sandstorm Gold is making a foray into silver and base metals through a blockbuster $152-million streaming agreement with Yamana Gold. The deal, funded through Sandstorm’s line of credit, sees the company pick up: a silver stream on Yamana’s Cerro Moro mine development, including interim silver deliveries between 2016 and 2018 on operating… Continue Reading
China is going to do everything it can to support a five-year price war on iron ore and oil, and they will do so by keeping Fortescue Metals Group Limited (ASX:FMG), Hancock Prospecting and U.S. shale oil producers alive as long as possible. China wins from lower prices, even as the rest of the world… Continue Reading
A look at the mining headlines that caught my eye this morning with some additional comments. Auryn Resources – (AUG:TSXV) – Nunavut explorer Auryn Resources is out with results from a summer till sampling program at the Committee Bay gold project. The till program was successful in identifying five new significant anomalies that are between… Continue Reading
Via Energy and Gold.com: Here’s the quick take on gold via Morgan Stanley: Clearly a bearish view on gold from MS, also not a very deep view either. This is a classic example of what Howard Marks calls “first-level thinking”. All of the points mentioned are known and already discounted by the market;… Continue Reading
Chile-focused prospect generator Arena Minerals has landed a third major, Teck Resources, and a US$19.5-million commitment to help develop copper projects at its Atacama Copper project in northern Chile. The agreement announced today will see Teck Chile spend US$19.5 million in two stages over 6 years to acquire up to a 60% interest in the… Continue Reading
This morning I take a look at news from two high-grade producers Klondex Mines, and Excellon Resources. Klondex Mines – (KDX:TSX) – Klondex Mines continues to deliver fantastic operational results for shareholders. In the third quarter, Klondex produced 33,846 gold-equivalent ounces at its two mines in Nevada. CEO Paul Huet and his team have consistently… Continue Reading
Uranium explorer Kivalliq Energy Corp. released drill results from a new discovery at its Nunavut property earlier this week, and CEO Jim Paterson and president Jeff Ward stopped by the CEO.CA office in Vancouver to talk about it. Through a terrible market for junior mining companies generally and uranium plays specifically, Kivalliq has managed to… Continue Reading
Eastern Platinum (ELR-T) “Where there’s smoke, there’s fire,” the saying goes. In the case of Eastern Platinum, the smoke was the multiple delays in closing a deal that would have seen a Chinese buyer pick up Eastern Platinum’s PGM business in South Africa. The flames arrived yesterday after the market close when Beijing Hehe Fengye… Continue Reading
Almost exactly 2 years ago, CEO.CA correspondent Jamie Keech interviewed Liberal natural resources critic Geoff Regan about the party’s ideas on natural resources development, the environment, First Nations and more. The Liberal party won a majority of seats in Monday’s federal election and while Prime Minister-elect Justin Trudeau will not name a cabinet until Nov.… Continue Reading
NovaCopper (NCQ-T) Alaska copper-zinc developer NovaCopper has more rich intercepts to add to the resource at its Arctic deposit in Alaska’s Ambler mining district. The 14-hole diamond drill program, which yielded 3,056 metres of core, was designed to test the continuity of mineralization as well as upgrade resources from inferred to measured and indicated categories… Continue Reading
A look this morning at news from McEwen Mining and Integra Gold, with some additional comments on each. An interesting connection between the two is Integra’s open-data Gold Rush Challenge, which was inspired by Rob McEwen’s pioneer Goldcorp Challenge 15 years ago while McEwen was CEO there. McEwen Mining (MUX:TSX) – McEwen is out with a… Continue Reading
Hello from 30,000 feet. I’m on a flight from San Diego to Toronto after attending Howard Lindzon’s Stocktoberfest conference. The event is media, fintech and charts-focused and the roughly 400 attendees included many prominent investors and personalities. The commodity complex is getting a lot of attention from chartists, with gold, oil and others at critical… Continue Reading
It’s been a busy couple of days on the Canadian diamond exploration front, even as rough prices for diamonds grind lower in response to a slowing global economy. Rio Tinto this week cut back on diamond production at its Argyle mine in Australia, the world’s largest source of fancy pink diamonds, and expects to produce 18… Continue Reading
You’ve spent years and shed sweat and tears building up your business, but now it’s time to either sell the business or transition away from it. How to pull it off? It’s one of the biggest issues facing entrepreneurs but the process can be riddled with potholes and pitfalls, not to mention emotions. Help is… Continue Reading
Real estate location drives valuations, and the mining business is legendary on the games that are played to maximize real estate value. As this industry can become quite complicated at times, it would just be easier to take a look at brentwood condos for sale and everyone move to Vancouver. They’ve got some pretty amazing… Continue Reading
