Here is a look at some of the news releases that caught my eye this morning with some additional comments on each. Balmoral Resources – (BAR:TSX) – Balmoral Resources is out with assays from 9 holes from the 2015 winter drill program at the Martiniere property in Quebec. The Martiniere property forms part of Balmorals massive 700+ square… Continue Reading
By Henry Bonner Last summer, Sprott Asset Management LP launched a new gold ETF, the Sprott Gold Miners ETF (NYSE Arca: SGDM). This ETF was one of the most successful new ETFs in 2014 according to ETFtrends1, garnering around $180 million in assets as of March 15, 2015.2 Sprott recently launched a second ETF called… Continue Reading
Via Energy and Gold.com: Weekend Commodity Chart Wrap 4/18/2015… Gold with realized volatility (top) and implied volatility (bottom) Both realized and implied gold volatility have been in decline since the beginning of the year. The GVZ (CBOE Gold Volatility Index) is currently pricing in barely more than a 4% move over the next 30… Continue Reading
Precious Metals Steady Despite Renewed Concerns of a Greek Euro Exit The week saw re-escalating concerns surrounding Greece’s ability to finance its sovereign debt. There is growing speculation that finance ministers will not grant further financial support to Greece after the next Eurogroup meeting beginning next Friday (April 24th), resulting in a debt default that… Continue Reading
Interview by Frik Els (Mining.com) Director of $1 billion fund discusses Denham’s unique approach, the vibrant parts of the M&A market and what juniors should do to attract capital. In 2014 the number of mergers and acquisitions in the mining and metals industry doubled from the year before. Was hardly a bumper year though. At $21 billion… Continue Reading
Not everyone can be a Mark Zuckerberg! Not everyone can be an Elizabeth Holmes, who dropped out of Stanford at 19, started a business in a basement, and is now a multi-billionaire. Not everyone can be a Bill Gates. Or a Beyonce (although Claudia wants to be Beyonce in her next life. Which I hope… Continue Reading
Foran Mining (FOM:TSXV) – Foran Mining is out this morning with one of the best drill holes I have seen in awhile in the junior mining space. Drill hole BS-15-239(1) has intersected 2.03% Cu over 104.94m, including 4.11% Cu over 20.35m and 3.16% Cu over 19.00m. This is the second hole completed on the Bigstone property located… Continue Reading
Miranda Gold CEO Ken Cunningham sees 2-3 more difficult years ahead for mining investors, which gives his company more time to acquire and advance its projects with less competition. His low-market-cap prospect generator, Miranda Gold (MAD.V), plans to further monetize its Nevada gold assets, while another JV-partner in Alaska forges ahead modest, high-grade gold production with… Continue Reading
Gaily bedight, A gallant knight, In sunshine and in shadow, Had journeyed long, Singing a song, In search of Eldorado. But he grew old- This knight so bold- And o’er his heart a shadow Fell as he found No spot of ground That looked like Eldorado. And, as his strength Failed him at length, He… Continue Reading
Via Energy and Gold.com: GDX is on the brink of one of most anticipated “breakouts” we’ve seen in quite a while: There is a lot going on in the above chart and the situation is by no means clear. Here is some of what i’m looking at: The much talked about $20 support/resistance level… Continue Reading
Trevali Mining – (TV:TSX) – Trevali has released drill results from exploration drilling at the Caribou zinc mine in New Brunswick. Drill hole BR-1014A intersected 50.9 metres grading 5.08 per cent Zn, 1.76 per cent Pb, 0.37 per cent Cu, 59.66 g/t Ag and 1.63 g/t Au. The key piece of information was that this was a ~200m… Continue Reading
Every quarter, the mining research team at Haywood Securities writes a Junior Exploration Report covering many of the most active and exciting prospectors and developers today. This morning, Haywood released their Q2 2015 report. Here’s a quick introduction: Since the release of our Junior Exploration Q1/15 Report in January, junior mining stocks have experienced a… Continue Reading
Cameco strikes deal to provide india with 7.1 million pounds of uranium The numbers certainly aren’t mind-blowing on Cameco Corp.’s five-year agreement to provide 7.1 million pounds of uranium to India through 2020. The deal is only estimated to be worth $350 million and it’s small when you consider that the Saskatchewan-based miner sells about… Continue Reading
Via Energy and Gold.com: After a parabolic rally (sell-off in the Canadian dollar) to begin the year, the USD/CAD has been working on putting in a top for the past couple of months: The key level to watch here is 1.2380 – a daily close below 1.2380 would hold major significance and I will… Continue Reading
A summary of what I found to be the top news releases for Wednesday March 15th a fairly quiet day so far. Dynacor Gold (DNG:TSX) – Great news out of the largest toll mining company (I believe) listed on the Canadian markets. Dynacor has received an expansion permit for the Metallex plant located in Huanca, Peru.… Continue Reading
