These are still early days at Skeena Resources’ $SKE (TSXV) Spectrum gold project, located in B.C.’s Golden Triangle, but early signs are promising. It’s where Skeena chairman Ron Netolitzky is going for his third home run after his involvement with the Snip and Eskay Creek discoveries of the 1980s and ’90s. Both went on to become… Continue Reading
NexGen Energy (NXE.v) continues to expand its Arrow project at the Rook I property in Saskatchewan’s Athabasca Basin by enlarging existing zones of high-grade uranium mineralization and discovering new ones. NexGen announced today it has discovered a higher-grade sub-zone with a strike length of 113 metres “characterized by substantial accumulations of dense massive and semi-massive… Continue Reading
Via Energy and Gold.com: Something unusual happened today in the S&P 500 exchange-traded fund SPY; a perfect doji candlestick: SPY opened at 196.44 and closed at 196.44 while traversing a nearly 2 1/2 point range during the session. There are a few notable observations: The 50% retracement level of the entire July-August decline has… Continue Reading
The key to business is following through. And in the case of iron ore’s relentless drop, respect anyone who can pull off an 1870s-style J.D. Rockefeller “good sweating” – even if it’s the big boys of the commodity space: “Rockefeller’s audacious battle plan (“Our Plan”), which his brother called “War and Peace,” began in each area… Continue Reading
Nevada Sunrise (NEV.v), Pilot Gold’s 21% partner on the Kinsley Mountain gold project, is making a foray into lithium. The company is issuing shares to pick up an option on the Neptune property, an early-stage exploration property located in Clayton Valley, Nevada. Neighbours include the the Silver Peak lithium mine, now owned by Albemarle Corporation,… Continue Reading
African gold miner Endeavour Mining (EDV on the TSX) is adding production and strengthening its balance sheet through an alliance with La Mancha, the private gold producer controlled by the family of billionaire Naguib Sawiris. The deal sees Endeavour picking up La Mancha’s 55% indirect interest in Société des Mines d’Ity S.A. (“SMI”), which operates the… Continue Reading
Analysis of 34 Technical Studies Exploration Insights by Brent Cook www.explorationinsights.com Issue No. 342 September 13, 2015 This week our go-to mining engineer, Tim Oliver, discusses the results of his investigation into 34 recently published National Instrument 43-101 technical reports. These reports are mining disclosure standards implemented by the Ontario Securities Commission for Canadian-listed companies.… Continue Reading
Don Mosher is calling on execs, workers and First Nations to march down Georgia Street and protest about the loss of jobs and wealth creation opportunities in Canada. The twin culprits are the increasing amount of red tape for public companies as well as increased regulation that prevents the vast majority of investors from participating… Continue Reading
This may be your last opportunity to RSVP for the Subscriber Summit on October 8 at the Pan Pacific Hotel in Vancouver. Nichola, our tireless event organizer, tells me we’re about to pass the RSVP quota, and I’m worried that not enough of the CEO.CA family will get in. So if you’re serious about coming,… Continue Reading
This week’s Weekly Dig from the Haywood Mining Team Companies covered include Sabina $SBB, Asanko $AKG, Nevsun $NSU, Orezone $ORE, Lake Shore $LSG, Roxgold $ROX, Klondex $KDX, and Pilot Gold $PLG. Here’s the link: http://cdn.ceo.ca/1avp4bi-MMSep182015_CEO_secure.pdf www.Haywood.com
Via Energy and Gold.com: Gold finished the week strong with a nearly $40 rally between Wednesday morning and Friday’s close on the back of the Federal Reserve’s decision to keep interest rates on hold. The CFTC Commitments of Traders Report helps to explain the sharp reversal in gold after weeks of gold prices dribbling lower:… Continue Reading
Via Energy and Gold.com: The Federal Reserve did not hike interest rates today – here are 5 key takeaways from the announcement: The following excerpt from the first paragraph of the Fed statement is a clear signal that China is very much on the Fed’s radar and likely played a significant factor in the decision… Continue Reading
NovaCopper Inc. (NYSE-MKT, TSX:NCQ) CEO Rick Van Nieuwenhuyse’s path to success in the Ambler mining district of Alaska, where he started his career, is a road. The company’s Arctic and Bornite deposits in northwestern Alaska contain huge caches of high-grade copper and zinc, as well as lead, gold and silver. But they are currently remote… Continue Reading
“The power to do good is also the power to do harm.” – Milton Friedman Will they? Won’t they? Hearsay. Unelected, unaccountable, unaudited bureaucrats playing with other people’s money can do anything they like. Currently, the Fed Fund Futures are pricing in a 30% probability of a rate increase this week. There has been plenty… Continue Reading
Freight does not matter for everything. Of course, it will be extremely important to the likes of the clothing and food industry. This is why the services of Forager Logistics are very much sought after. A concept that I think most mining investors miss is: what is economically affected by logistics and freight vs. what… Continue Reading
