Junior miners, especially in bear markets, are all about the people… Wealth Minerals (TSX.V – WML) (http://www.wealthminerals.com) is working to ensure future success by attracting top tier talent with significant experience in Latin America. Yesterday, the company announced that Mr. Xiaohuan (Juan) Tang, B.Eng, M.Eng, M.Sc, M.Phil, is joining the leadership team as a Director… Continue Reading

Permitting progress. A first gold pour. Drill results. Takeovers and asset sales. Miners and explorers are still getting things done. An environmental assessment green light. A first gold pour. Drilling results. A takeover aimed at an in-development U.S gold mine. The sale of half a massive copper mine for a billion dollars. Things are still… Continue Reading

A quick look at the news releases from NexGen Energy and Semafo with additional comments on each. Thanks for reading. NexGen Energy – (NXE:TSXV) – NexGen is out with radioactivity results for 5 drill holes from the Rook 1 property in Saskatchewan.  All 5 drill holes this morning have intersected substantial mineralization  and were step out… Continue Reading

CEO.CA Readers, you should watch this video right now… There’s an old saying in mining: the best place to find a new mine is next to an old one. Integra Gold’s (TSXv:ICG) Lamaque and Sigma mines in Val-d’Or (direct translation: Valley of Gold), Quebec have produced over 9 million ounces of high-grade gold historically, worth roughly US… Continue Reading

A lot of people died fighting tyranny. The least I can do is vote against it. — Carl Icahn at Texaco annual meeting. Jan 20, 1988 From humble beginnings in Queens to the top of Wall Street, Carl Icahn outlines his career from gambling part time while attending Princeton, to dropping out of medical school… Continue Reading

A look at a couple of the mining headlines that caught my eye this morning with some additional comments on each. Ivanhoe Mines – (IVN:TSX) – Ivanhoe and Zijin have extended the date of extend the date for completion of Zijin’s planned investment in Ivanhoe’s Kamoa copper project in the Democratic Republic of Congo. The original… Continue Reading

Imagine if you could safely walk around town with a 10 Oz gold bar in your pocket which you could use to buy whatever you need in a day.  You could grab your morning coffee, pick up a pizza slice for lunch, load up on groceries to cook the week’s meals, and buy a bouquet… Continue Reading

Gold is at an interesting crossroads. Sentiment couldn’t be much worse and the technical picture is putrid. However, we are entering what has historically been by far the most bullish 5 week stretch of the year historically:   The clear bullish bias lasts all the way through Labor Day (September 7th). We will be interested to… Continue Reading

Via Energy and Gold.com: The latest CFTC Commitments of Traders Data shows that as of Tuesday’s close (7/28/2015) dumb money gold futures speculators (small specs) held the largest net notional short position in history:    The small speculators net short position totals 9,199 contracts or slightly more than $1 billion USD notional.  Read also –… Continue Reading

Focus continued to shift from Europe to the Federal Reserve and the timing of a potential interest rate hike. While the Fed kept interest rates at near zero this week, as expected, the governing body of the central bank continued to remain bullish on the U.S. economy, fueling market expectations that interest rates will be… Continue Reading

Via Energy and Gold.com: An interesting dynamic has taken shape in gold in recent weeks. As price has continued to oscillate in a roughly $30 range between $1075 and $1105 sentiment has further deteriorated, here is a small sampling of some of the headlines that have been out there the past couple of days: Two… Continue Reading

Apologies postings are light, we are at the Sprott conference in Vancouver this week. Big news in the gold sector though as Romarco’s Haile gold deposit is being taken off the market… Henry Lazenby at Mining Weekly has the full story. TORONTO (miningweekly.com) – Triple-listed OceanaGold has agreed to buy Canadian project developer Romarco Gold in… Continue Reading

The Sprott Stansberry Natural Resources Symposium is underway at the Fairmont Hotel in Vancouver. This is an excellent gathering for 50-60 junior resource companies that do business with Sprott, a world leader in natural resources investing, as well as roughly 750 retail and professional investors from around the Globe who follow the Sprott and Stansberry… Continue Reading

Via Energy and Gold.com: With gold floundering just below $1,100/oz for the last week gold bulls are digging for reasons to be optimistic. However, the following two charts courtesy of Morgan Stanley Research indicate that relative to other commodities gold is fairly is expensive and producers have not yet responded to the recent price decline… Continue Reading

“When they raid the house of ill repute, they arrest everyone including the piano player” That colourful sentence could certainly be used to describe the current rout in commodity markets, however, should the entire basket be thrown together, i.e. bulks, precious metals, agriculture and the PhD of the economy, copper? Or, is there in fact… Continue Reading