There’s a high-value junior mining investment conference in Vancouver tomorrow (Saturday). Four independent newsletter writers — Brent Cook and Joe Mazumdar of Exploration Insights, Eric Coffin of Hard Rock Advisors and Gwen Preston of Resource Maven — and a dozen of their top picks are hosting the Metals Investor Forum (MIF) at the Pan Pacific Hotel.… Continue Reading
“What would you like to talk about this time?” I asked my boss, after walking into his office. “Well, I’d like to have a conversation for the issuers,” replied Rick Rule, Chairman of Sprott US Holdings, “in terms of what we look for, before giving a company our client’s money. What do you think?” “I… Continue Reading
At the recent Precious Metals Summit in Zurich on Nov. 4, Gianni Kovacevic hosted a fireside chat with two of the most successful mining entrepreneurs in our history: Ross Beaty and Lukas Lundin. Mr. Kovacevic is chairman of CopperBank (CBK:CSE), which is accumulating copper deposits in this market. I watched the hour-long discussion and wanted to summarize… 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
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
In a junior mining sector where financing drought continues to be the rule, Kaminak Gold continues to cash in and attract deep-pocketed shareholders. On Monday the Yukon gold developer announced a $22.5-million financing and a significant new shareholder: billionaire Thomas Kaplan’s Electrum Strategic Opportunities Fund LP. Existing shareholders Ross Beaty and Lundin trust Zebra Holdings… Continue Reading
At a time when respect for other cultures has never been more important, Canada is fortunate to have an important new world-class cultural institution, the Aga Khan Museum in Toronto. The 113,000-sq-ft museum was designed by Pritzker Architecture Prize winner Fumihiko Maki of Japan and was established by the Aga Khan Development Network (AKDN). Active… Continue Reading
A look at some of the news releases that caught my eye on Monday morning and my comments. Ivanhoe Mines – (IVN:TSX) – Ivanhoe shares are catching a bid this morning up 18% at press time. China-based Zijin Mining Group will be acquiring a 9.9% stake in Ivanhoe through a private placement at C$1.36 per share. Ivanhoe… Continue Reading
One thing is for sure the junior mining market continues to struggle as we have had four consecutive down years on the TSX Venture (2011-2014) and 2015 is not off to a promising start. Legendary mining financier and company builder Ross Beaty has been one of the few who is actively putting money to work and… Continue Reading
The gold mining industry has a big week ahead of it—two of its most important conferences will be held in Colorado. From September 14 to 17, the main event is the Denver Gold Forum, which will host the world’s largest precious metals miners, developers, and investors. The Precious Metals Summit, to be held in Vail… Continue Reading
This morning, one of the best performing and fastest growing copper companies in the world, First Quantum Minerals (FM:TSX), closed their acquisition of Ross Beaty’s Lumina Copper and the behemoth Taca Taca copper project. That company was the sixth and final iteration of the Lumina Group companies to be developed and sold under the guidance of… Continue Reading
Since an unprecedented staking rush in 2010 that had not been seen since the Klondike Gold Rush, the Yukon has fallen out of favor with many mining and exploration investors due to its short seasons and expensive work programs. One company that has continued in the land of the midnight sun is Kaminak Gold (KAM:TSX), which discovered the… Continue Reading
Ecuador has a terrible reputation as a mining jurisdiction, ever since the government there passed a 70% windfall profits tax on metals mined, highlighted by the fact that major miner Kinross abandoned the Fruta Del Norte gold project there last year, which they paid over $1.2 billion for in 2009. So I have no idea… Continue Reading
As reported earlier this morning, Lumina Copper, was halted pending news and most people familiar with the story anticipated that it would announce a take over. We suspected a Chinese bidder, but also cited First Quantum as a potential buyer and that’s exactly who has stepped up to acquire Ross Beaty’s Argentine copper developer for $470 million in cash… Continue Reading
Ross Beaty’s Lumina Copper (LCC:TSXV) which is developing the world-class Taca Taca copper deposit in Argentina has see renewed interest over the past month from investors as rumors spread that a buyer may be close to pulling the trigger on the multi-billion project. This morning, the company’s stock is halted pending an announcement. Shares of… Continue Reading
