Commentary: Thank you De Beers, for doing the unthinkable
De Beers deserves a huge thank you from northerners for doing what many might believe is the unthinkable. Let me be the first to say it: “Thank you De Beers for Snap Lake.”
News
ICYMI: The most-clicked stories of 2015
In good times and bad, there’s never a shortage of fascinating stories in our industry. In case you missed any of them, here are the most-clicked stories of 2015, in descending order of popularity:
High grades, good execution keeps Klondex shining
Salman Partners’ analyst Derek Macpherson has recently initiated coverage on Klondex Mines (TSX: KDX; NYSE-MKT: KLDX), with a “buy” rating and a one-year, $5-per-share price target.
A sobering look at gold M&A since 2010
Raymond James analyst Phil Russo has reviewed 67 mergers and acquisitions (M&A) in the gold space since 2010 to determine how many are viable producing, developing and streaming deals. He has found that 40% of transactions would not recoup…
Patricia Mohr names lithium as one of top picks for 2016
Most mined commodities declined in price this year, but spot prices in China for lithium carbonate actually increased, rising 15% year-on-year to as high as US$7,500 per tonne, making it one of Patricia Mohr’s top picks for 2016.
Blue sky for NGEx at Filo del Sol
NGEx Resources (TSX: NGQ; US-OTC: NGQRF) has bulked up the resource at its Filo del Sol silver-copper-gold deposit, located in Argentina’s San Juan province, and is taking a step back to evaluate how to expand the epithermal system’s…
Site Visit: Persistence pays off for INV Metals at Loma Larga
CUENCA, ECUADOR — Richard Spencer likes to think that there is a fine line between tenacity and stupidity in the exploration business.
Nordgold raises stake in Northquest
As Canadian mining companies look inward, licking their wounds from the prolonged rout in commodity markets, a Russian gold producer with nine operating mines and heaps of cash has exercised warrants above market price to take a majority stake…
Champion Iron buys Bloom Lake for $10.5M
Champion Iron (TSX: CIA; ASX: CIA) is taking advantage of the commodities crash to snatch the shuttered Bloom Lake iron ore mine in the Labrador Trough for a fraction of its previous purchase price.
Pilot rediscovers a Carlin-style gold trend in Utah
It’s not every day that a junior exploration company takes a step outside the well-trodden Carlin and Cortez districts of Nevada to look for Carlin-style gold deposits, but Pilot Gold (TSX: PLG; US-OTC: PLGTF) is proving to be the…
Southern Arc shifts focus to Japan
In 2005, Southern Arc Minerals (TSXV: SA) became the first Canadian junior exploration company to return to Indonesia after the Asian financial crisis in 1997. The junior acquired two key projects: the West Lombok property on Southwest Lombok…
Scotiabank’s Pat Mohr on metal prices, China demand
Extremely challenging market conditions will persist for some time, but the resource sector can look forward to supply-side tightness in the medium-term, along with better metal prices, Pat Mohr, a vice-president and economics and commodity…