What’s behind Mogo Finance’s decision to cut its IPO price? On Thursday shares of Mogo Finance Technology will start trading on the Toronto Stock Exchange for the first time. In all, Mogo sold 5 million shares at $10 a piece. But getting to that stage proved to be a little more difficult than the Vancouver-based… Continue Reading

  A look at some of the mining headlines out this morning that caught my eye. Rubicon Minerals – (RMX:TSX) – Rubicon is the world’s newest high grade gold producer as the Phoenix project in Red Lake, Ontario. First gold pour has been completed of ~741 ounces. Rubicon has now completed construction at the mill… Continue Reading

The Looming Copper Supply Crunch This infographic is presented by Western Copper & Gold Copper is among the three most used metals in the world, and high quantities of the red metal must be mined every year to meet global demand. The market for copper is equal to approximately $120 billion each year, which rivals… Continue Reading

Via Energy and Gold.com: This morning Continental Gold (CNL.TO) released its much anticipated updated resource estimate which greatly increased the size and marginally increased the grade of its flagship Buriticá Project. This news is very significant because it makes the economics of the project significantly more attractive, despite the current weak gold price environment. CNL shares are soaring once… Continue Reading

A look at some of the more interesting mining press releases out this morning with some additional thoughts. Mariana Resources – (MARL:AIM) – Mariana has released more drill assays from the promising Hot Maden project in eastern Turkey. Step back drilling has intersected high grade mineralization of 109.9m @ 11.9 g/t Au and 1.13% Cu in… Continue Reading

A look at a couple of the mining news releases out this morning with some additional comments on each. Atac Resources-(ATC:TSXV) –  Atac has commenced the summer exploration program at the Rackla project in the Yukon. Diamond drilling is under way and will focus on the Conrad zone and Anubis cluster. The plan is for… Continue Reading

It was tough kid. We were just coming out of the most perfect spring. The fruit trees were all in blossom, streams filled with fish, deer abounded, and we were all feeling pretty right with the world—we owned it and were the chosen ones. Then we headed out across the flats, believing the prophets that… Continue Reading

There has been a solid but quiet performer in the commodities sector recently. Flying largely under most investors’ radar is zinc, up 3.9% in 2014. It’s often overlooked because as an “industrial” metal it doesn’t have the same shine as “precious” metals. According to many analysts, zinc is setting up nicely to continue its upward… Continue Reading

Gold producers certainly needed a break, and now they have two, reports Haywood Securities Mining Analyst Geordie Mark. Much lower energy costs and the strength of the U.S. dollar mean that producers can and do make money at $1,200 per ounce gold. In this interview with The Gold Report, Mark touts the virtues of three… Continue Reading

Ever wonder how much gold has ever been exhumed in the history of the world? The GFMS Gold Survey estimates that the total amount is approximately 183,600 tonnes, or 5.9 billion ounces. If we take that figure and multiply it by the closing price on June 16, $1,181 per ounce, we find that the value… Continue Reading

A look at what I found interesting in the mining related press releases out this morning. Klondex Mines – (KDX:TSX) – Klondex has received a key permit for the high grade Fire Creek project in Nevada.  The receipt of a water pollution control permit will allow the tonnage cap to be lifted. The WPCP permit allows for… Continue Reading

Have you ever tried to achieve a Buddha like level of enlightenment? I tried once and lasted less than 24 hours. Too many other distractions were getting in the way, like my work commitments and a real estate purchase I was trying to close. Unfortunately, a true state of enlightenment requires a level of concentration… Continue Reading

Bill Gross has founded a lot of startups, and incubated many others — and he got curious about why some succeeded and others failed. So he gathered data from hundreds of companies, his own and other people’s, and ranked each company on five key factors. He found one factor that stands out from the others… Continue Reading

Why are recent natural gas deals in the Western Canadian Sedimentary Basin (WCSB) getting done at very expensive metrics, when the consensus for Canadian gas prices in the near to medium term is lower—potentially a lot lower? The obvious answer is LNG—Liquid Natural Gas exports; even though the first exports are realistically a minimum five… Continue Reading

A look at some of the top mining headlines out this morning with some additional context on each. Pilot Gold – (PLG:TSX) – Pilot Gold is out with news this morning that a 20,000m drill program is under way on the 60-per-cent-owned TV Tower property in northwestern Turkey. Major mining company Teck is the other 40%… Continue Reading