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MLPs in Mining – the Path Less Travelled

While financing in the first half of 2014 has been a quantum leap healthier than in the truly dire days of 2013, the reactivation (if I dare call it that) is certainly not rambunctious and it has not concluded anything that we would call innovative. However we might note that Royalty funds and those that use the Silver Wheaton-type model of advances against production seem to have a strongly funded position to make those the more predominant (possibly) on this go around of the mining cycle. However miners being creatures of…

Agnico Eagle working towards increasing Homestake Resources gold and silver grade

Homestake-Resources
Homestake Resource Corp (‘Homestake’, TSXV: HSR) is developing the gold and silver in northwestern British Columbia. It is part of the same stratigraphic assemblage of rocks as the Brucejack gold project, which was shown to contain several million ounces of gold (13 million ounces of gold and 62 million ounces of silver) and other gold-silver deposits hosted in lower Hazelton Group rocks. The possibility of increasing the current gold resource on the property is very optimistic. Homestake has two projects: Homestake Ridge and Kinskuch. Homestake has full ownership of the Homestake…

Indonesia’s Tin Export Ban – Success or Failure?

tin_exports
The expected boom in tin prices from Indonesia’s tightening of conditions for tin exports has not appeared. Or at least we might say it has not had the effect that Western traders and producers had expected. That is not to say that it hasn’t worked out the way the Indonesian government wanted. The mistake outsiders made was in thinking that Indonesia wanted to ramp the tin price. Whilst every producer wants to see its prices higher, in this case, the goal of the government was twofold, firstly to have tin trading…

Are juniors poised to rally in coming weeks or months?

Gold-Cash
Two articles on August 11th, the first in the Wall Street Journal, entitled, "Hedge Funds are Digging Gold Miners," elicited a thought process that I believe is interesting. To be clear, the WSJ article was focusing on large hedge funds and large gold mining companies. However, the thesis certainly applies in many respects to juniors and not just gold companies. Further evidence of a more bullish stance to natural resources was the news that Franco-Nevada and Sandstorm Gold have entered into a US$120-million stream financing agreement with True Gold Mining to…

Epstein’s gold junior pick with tremendous upside — Gainey Capital

Gainey Capital
Gainey Capital Corp. (TSXV: GNC) is a gold and silver exploration and development company exploring an aggregate of 18,766 hectares strategically located in the gold/silver-rich Sierra Madre Occidental Trend in western Mexico. Surrounded by major and mid-tier TSX and NYSE precious metals producers First Majestic Silver, Primero Corp, Chesapeake Gold, Goldcorp, Endeavor Silver and Great Panther Silver, the Company's flagship El Colomo property is largely underexploited and is the focus of the Company's near-and long-term development plans. However, what makes Gainey Capital unique is its 100% ownership of a completely refurbished gold processing facility operating…

Harry Barr on El Nino’s copper, zinc hat-trick with MMG and Glencore

Harry-Barr-El-Nino
July 31, 2014 -- Tracy Weslosky, Editor-in-Chief and Publisher of InvestorIntel speaks to Harry Barr, President and CEO of El Nino Ventures (‘ELN’, TSXV: ELN) about a copper exploration project in the Democratic Republic of Congo (DRC) and two zinc-lead-silver exploration and development projects in the Bathurst Mining Camp, New Brunswick. ELN has recently announced a deal with MMG (a Chinese controlled group with a USD$ 2 billion market cap), one of the world's largest producers of zinc and a major producer of copper, lead, gold and silver in the DRC.…

It’s raining copper in the DRC’s Katanga Province

El-Nino-Copper
El Nino Ventures Inc. (‘ELN’, TSXV: ELN) has a copper exploration project in the Democratic Republic of Congo and two zinc-lead-silver (copper) exploration and development projects in the Bathurst Mining Camp, New Brunswick. The Copperbelt in the Democratic Republic of Congo (DRC) hosts several world class deposits and its exploration potential is considered one of the best in the world. Mining companies such as Phelps Dodge and First Quantum Minerals have established operations there and ore is world class. Several small companies are also actively considering copper and other minerals in…

Peak Resources: low development cost, long life mine and high (for Tanzania) hopes of mineral diversity

Peak-Resources-Tanzania-2
In 2012 gold made up 94% of Tanzania's mineral exports. The country is the third largest gold producer in Africa, but now it wants to do more. A report out of Britain this week shows that the country is, by 2018, looking to diversify into other metals. The Business Monitor International report cites coal, nickel and uranium as new areas, but the quarterly report out this week from Peak Resources (ASX:PEK) reminds us that Tanzania is likely soon to be a player in the rare earth sector, with that company aiming…

As information continues to bombard us every day, there’s a need to keep some perspective

prediction
In the mining business there’s always the risk of over-reach. Back in mid-2011, Citigroup Global Markets added up the 400 largest greenfield mining projects around the world and the capital commitment through to 2020 for those totalled close to $500 billion — or half a trillion, to put that figure in more dramatic terms. But the analysts also calculated that some twenty-four per cent of those projects were unlikely to be delivered. We await Citigroup someday going back to do an update. I bet the situation compared to their forecasts could…

Lithium just one of several markets that could do with some transparency

Reed-Resources
It requires a considerable amount of detective work to keep tabs on rare earth prices, and what is going on in the tungsten, antimony, graphite and several other metals. It is not just a matter of clicking on the webpage of the London Metal Exchange, as one can do with the base metals, or checking Comex prices for the precious ones. Ditto with lithium, not surprising considering that 80% of world output is produced by just four companies. In fact, lithium (to extrapolate from a point made this week by Christopher…
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News Releases & Media

Gold Edges Lower as European Stocks Recover Lost Ground

August 29, 2014 (Source: Reuters) -- Gold eased on Friday, paring its narrow gains for the month, as European shares recovered some of the previous day's declines and demand for physical metal waned on this week's pick-up in bullion prices. Investors remain on edge over tensions between Russia and Ukraine after Ukraine said on Thursday that Russia had moved troops into…

Ontario Divisional Court Dismisses Wabauskang First Nation’s Application in respect of Rubicon’s Production Closure Plan

August 29, 2014 (Source: Marketwired) -- Rubicon Minerals Corporation (TSX:RMX)(NYSE MKT:RBY) ("Rubicon") announces the Ontario Divisional Court has dismissed an application for judicial review that was previously filed by Wabauskang First Nation ("WFN") in respect of Rubicon's production closure plan for its fully-permitted Phoenix Gold Project (the "Project") located in Red Lake, Ontario. Construction of the Project has been unaffected. The…

Osisko Gold Royalties Completes $4.9 Million Flow Through Private Placement Into NioGold Mining

August 29, 2014 (Source: Marketwired) -- Osisko Gold Royalties (the "Company" or "Osisko") (TSX:OR) is pleased to announce that it has completed its non-brokered private placement of 14,000,000 flow-through common shares (the "Flow-Through Shares") of NioGold Mining Corporation ("NioGold") (TSX VENTURE:NOX)(OTCQX:NOXGF) at a price of $0.35 per share (see Osisko's press release dated July 25, 2014 for more details). Upon closing…

Gold up For Third Day on Softer Dollar; US Rate Hike Pressure Looms

August 28, 2014 (Source: Reuters) -- Gold rose for the third straight day on Thursday on softening dollar and increased tensions between Ukraine and Russia, but the precious metal was under pressure from rallies in equities and the prospect of a U.S. interest rate hike. Higher interest rates would dull the appeal of non-interest-bearing assets such as gold, which was struggling…

Results from Midland’s First Phase Exploration Program Returns New PGE Showings with Values Up to 12.6 g/t on Its Pallas Project in the Labrador Trough

August 28, 2014 (Source: Marketwired) -- Midland Exploration Inc. ("Midland") (TSX VENTURE:MD) is pleased to provide, in partnership with Japan Oil, Gas and Metals National Corporation ("JOGMEC") an exploration update on its 2014 field exploration program on the Pallas Platinum Group Elements ("PGE") project in the Labrador Trough ("Trough"). This five weeks exploration program comprised oriented prospecting on aeromagnetic targets and…

Avino Re-Starts Mining Operations at the Avino Mine

August 28, 2014 (Source: Marketwired) -- Avino Silver & Gold Mines Ltd. (TSX VENTURE:ASM)(NYSE MKT:ASM)(FRANKFURT:GV6) ("Avino" or "the Company") is pleased to announce the re-opening of the Avino Mine and the re-starting of mining operations. The Avino Mine is located 80km northeast of Durango, Mexico. Since dewatering the mine, Avino has hauled out a total of 5,850 tonnes of material from…

Crocodile Gold Announces Agreement on the Sale of Non-Core Assets in the Northern Territory

August 28, 2014 (Source: Marketwired) -- Crocodile Gold Corp. (TSX:CRK)(TSX:CRK.DB)(TSX:CRK.WT)(OTCQX:CROCF)(FRANKFURT:XGC) ("Crocodile Gold" or the "Company") has entered into a sale agreement with Phoenix Copper Limited (ASX:PNX) ("Phoenix Copper") to sell 100% of the Iron Blow and Mount Bonnie massive sulphide deposits (see Figure 1) for a 2% royalty in respect of any gold and silver production from the related tenements. Crocodile…

Gold Edges Higher as Dollar Retreats, Equities Steady

August 27, 2014 (Source: Reuters) -- Gold prices rose towards $1,285 an ounce on Wednesday, recovering further from the previous week's two-month low as stocks took a breather after a 2-1/2 week rally and the dollar index retreated from 13-month highs. Spot gold was up 0.2 percent at $1,284.20 an ounce at 1343 GMT, extending a recovery from last week's low…

First Point Minerals Provides Decar Update

August 27, 2014 (Source: Marketwired) -- First Point Minerals Corp. (TSX:FPX) ("First Point" or the "Company") is pleased to provide a corporate update on activities at its 40%-owned Decar nickel project ("Decar" or the "Project"), located in central British Columbia. Decar is under option to Cliffs Natural Resources Exploration Canada Inc., an affiliate of Cliffs Natural Resources Inc. (NYSE:CLF) ("Cliffs"), pursuant…

Gold settles up 0.5% as stocks continue climb

August 26, 2014 (Source: Marketwatch) -- Gold prices finished higher Tuesday, but two-month lows weren't far off as a stronger dollar and an appetite for equities continue to weigh. Gold for December delivery GCZ4, +0.45%  settled up $6.30, or 0.5%, at $1,285.20 an ounce. September silver SIU4, +0.24%  settled up nearly 3 cents, or 0.1%, to $19.39 an ounce. Gold held on to gains after data…

Tinka Mobilizes First of Three Drill Rigs to Ayawilca-Colquipucro, Peru

August 26, 2014 (Source: Marketwired) -- Tinka Resources Limited ("Tinka" or the "Company") (TSX VENTURE:TK) is pleased to provide an update on the Company's upcoming 10,000 metre diamond drill program at the Ayawilca and Colquipucro projects in central Peru. Key points First drill rig now mobilizing to site, with the first hole anticipated to commence by September 1, targeting the down-dip…

Goldsource Announces Mining Permit on Eagle Mountain Gold Project in Guyana

August 26, 2014 (Source: Marketwired) -- Goldsource Mines Inc. (TSX VENTURE:GXS)(FRANKFURT:G5M) ("Goldsource" or the "Company") is pleased to announce the granting of a Medium Scale Mining Permit No 637/2014 (the "Permit") to Kilroy Mining Inc. ("Kilroy"), issued by the Guyana Geology and Mines Commission for operations on a 250 hectare portion (the "Property") of Goldsource's Eagle Mountain gold deposit located within…

Asanko Gold Eliminates 2% NSR Royalty

August 26, 2014 (Source: Marketwired) -- Asanko Gold Inc. ("Asanko" or the "Company") (TSX:AKG)(NYSE MKT:AKG) announces that it has entered into a settlement agreement ("Agreement") with a private Ghanaian company, Goknet Mining Company ("Goknet"), to eliminate Goknet's claim for a 2% net smelter return ("NSR") royalty on Phase 1 of the Company's flagship Asanko Gold Mine Project ("AGM" or the "Project").…

Revett Announces US $5 Million Loan Agreement

August 26, 2014 (Source: Marketwired) -- Revett Mining Company, Inc. (NYSE MKT:RVM)(TSX:RVM) announced today that it has entered into a US $5.0 million loan agreement with a major equipment financing company. The agreement is collateralized by mobile and selected surface equipment at the Company's wholly owned subsidiary, Troy Mine, Inc. and bears interest at 6.25% per annum. Existing capital equipment leases…

Riverside and Partner Morro Bay Resources Begin Drilling New Target Areas at the Penoles Gold-Silver Project in Durango, Mexico

August 25, 2014 (Source: Marketwired) -- Riverside Resources Inc. ("Riverside" or the "Company") (TSX VENTURE:RRI)(PINKSHEETS:RVSDF)(FRANKFURT:R99), is pleased to announce the initiation of the 2014 drilling program to explore the San Rafael silver-gold system and outlying early stage gold-silver zones, which were recently delineated during regional reconnaissance mineral exploration. Approximately nine drill holes totalling roughly 1,900 metres are planned, with drilling now…

Sarama Resources Ltd. – Positive Metallurgical Test Results From Houndé South Joint Venture Property

August 22, 2014 (Source: CNW) -- Sarama Resources Ltd. ("Sarama" or the "Company") is pleased to advise that Savary Gold Corp. ("Savary") announced on August 21, 2014 that preliminary metallurgical testing results showed gold recoveries averaged in excess of 93% for sulphide/non-oxidised mineralisation from three prospects on the Houndé South property. The Houndé South property is part of the permit package…
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