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First Majestic Silver, Del Toro Mine Video Update
The Del Toro Silver Mine is 100% owned and operated by First Majestic Silver. The mine is a major component of First Majestic’s growth plans, and is ideally situated with excellent infrastructure and several other major mines located nearby. Del Toro consists of three underground silver, lead and zinc mining operations as well as a dual-circuit flotation and cyanidation processing mill. Initial... [Read more]
Stream financing: A primer
Stream financing, also known as resource streaming or metal purchase agreements, is becoming increasingly popular in the resources sector. Stream financing can be used to help bring a development stage project into production or to expand existing production capacity of an operating mine. It provides an alternative way of raising capital for a project at a time when market conditions make equity financings... [Read more]
WELL SAID: Deloitte, Tracking the Trends 2013
A really good quote from an even better Deloitte publication for miners. Click the image to read “The top 10 issues mining companies may face in the coming year”. Read More →
Chinalco Mining moves a town in Peru, with mixed results
Mineral projects sometimes need to relocate people in order to proceed through mine development. In poverty stricken parts of the world this can be an opportunity for mining companies to help people, providing them with improved living conditions, including new homes with power and water, but without the proper dialogue companies risk alienating the very people they are trying to win over. Read More →
Peru revisited: How cell phones, internet and paved roads are transforming rural Peru—and creating better opportunities for exploration
When assessing new potential investments for my portfolio, I often look for new companies that have a similar mix of qualities to other winners in my portfolio—or or to companies that have been in my portfolio in the past. When a company is acquired, bought, taken over, etc., the management team moves on. Many successful management teams actually move on together, at least in part. For example,... [Read more]
Gold slides, but not without explanation
With many investors still twitching from the 2008 global economic downturn and fears of a “double dip” echoing in our ears, there’s always a concern that market fears may turn contagious, and lead to a massive sell off of gold, or securities, or what have you. This morning was deeply concerning with headlines of, Gold price plunges, years of ‘gentle bear market’ seen,... [Read more]
Sandspring releases pre-feasibility for Toroparu, economics improve with $691M NPV
Sandspring Resources (TSX VENTURE:SSP) has waded further into the catalyst territory with the release of a pre-feasibility study on its Toroparu project in Guyana. The report also proposes an initial mineral reserve for the project. The report proposes annual production of 246,000 ounces of gold at 1.32 g/t at a life of mine cash cost of $700 and cash costs for the first four years totalling $504... [Read more]
Sienna Gold new management targets $7 million financing for new phase of exploration
Source: Resource Intelligence Brian Maher and his team are moving quickly in their new role at the helm of Sienna Gold. After two brief stints on the project to assess exploration targets and familiarize themselves with the exploration team, the company has now announced it plans to raise $7 million through the sale of 35,000,000 shares listed at $0.20 per share. Casimir Capital and GMP Securities... [Read more]
SilverCrest Continues to Expand Santa Elena Deposit with High Grade Intercepts
In the category of Company with Most Consistent Updates, SilverCrest Mines has released more encouraging drill results from its Santa Elena silver and gold mine, with 21.6m @ 1.46 g/t Au and 169.1 g/t Ag including 0.60m @ 5.2 g/t Au and 1,840 g/t Ag. Flash Player 9 or higher is required to view the chartClick here to download Flash Player nowView the full SVL chart at WikinvestSince mid-2012, SilverCrest... [Read more]
Graphite Is About Grade: Mason Graphite Continues To Deliver
Source: James West, Midas Letter Investors looking for the next Zenyatta Ventures (TSX.V:ZEN) should be looking for companies that will perform as exceptions to the rule – rising strongly on continuous fundamental development, as opposed to drifting downward on progress. Another consideration would be a deposit that is better than Zenyatta’s Albany deposit. What characteristics does such a company... [Read more]
Tinka Resources bucks the market downtrend with more good assays from Peru
While the junior resource sector continues to take its lumps, there are a few out there that have bucked the trend and impressed investors with solid performance in exploration or production. Tinka Resources’ (TSXV: TK) (Frankfurt: TLD) (Pinksheets: TKRFF) share price has gained more than 50% in the last six months, while the TSX Venture exchange has sloughed off roughly 20% of its value. Whatever... [Read more]
Newstrike Capital maiden resource is big, shows signs of growing
Newstrike Capital has reported a maiden 43-101 resource estimate on its Ana Paula project in Guerrero, Mexico. It’s a noteworthy resource estimate for a number of reasons, yet coming in the midst of a chill in the TSX Venture market, the company’s share price hasn’t budged. In fact, the more than two million ounce gold equivalent resource caused a short-lived dip in share price from about $1.40... [Read more]
JACK CALDWELL: Mining Proposals for Filter Pressed Tailings, Greens Creek to El Morro
By Jack Caldwell, Ithinkmining.com Paarl is the only South African brandy I can get in Vancouver. It is rough—not like cognac—but rather the flavor of the veldt & bush, of scrub & dust, of a long-forgotten home & inequities long-rectified. Thus inebriated, I blog. Many years ago I wrote a proposal to do work at Greens Creek, then but a dream of a mine in Alaska. We won the proposal. ... [Read more]
BMO: Long term iron ore consensus prices too low
Source: BMO BMO Research forecasts a balanced (to possibly slight deficit) iron ore market through 2015, with no significant supply cuts required until 2018. Following a very strong Q1/13 for iron ore prices, BMO Research is revising down its forecasts for the remainder of 2013. However, the revisions reflect a price “correction” rather than changes to underlying fundamentals. Significant supply... [Read more]
ODDITIES: Company unveils plan for mining asteroids
True Gold Mining wades further into “catalyst country”
One of the greatest catalysts for junior mining companies is the stage that bridges exploration and actual mining operations. This is comprised of several steps, each with its own inherent risk and potential for growth—scoping, pre-feasibility, feasibility and mine development. It is in this “catalyst country” that a company can surge by more than 100% in share price in just a short period... [Read more]
Trend of falling gold prices is aftermath of 2011 end to bull-run: CPM Group
The Queen inspects her stash… worth a little less today. Source: Mining.com, Cecilia Jamasmie While gold climbed 6.2% in 2012, the bull-run for the precious metal ended in 2011 and the market will continue to feel the aftermath effects this year, especially when it comes to the precious metal prices, says the latest report by U.S.-based mining consultants CPM Group. In its the Gold Yearbook... [Read more]
SilverCrest increases resources, improves metallurgy at La Joya
SilverCrest Mines continues to push forward on its La Joya project in Durango, Mexico. The company, which also has a 2,500 tpd silver-gold operation in Sonora, announced today improved knowledge of the metallurgical properties of the La Joya project. Results from batch cleaner flotation tests indicate that the Main Mineralized Trend mineralization at La Joya is amenable to conventional flotation processes... [Read more]
Four billion reasons REEs and graphite will make you money
What do electric cars, wind turbines and cell phones have in common? You guessed it: Rare Earths. Source: Metals Report. Self-help manuals tell us that what we focus on, we manifest. This is certainly true for rare earth elements enthusiast Chris Berry. Where some see a spiraling global economy and stagnation, Berry sees an emerging world with four billion people hungry for new technologies in which... [Read more]
Frank Holmes: Royal Gold vs Newmont in 2 Minutes
In a TAKE 120 ReutersTV clip, Frank Holmes tells Rhonda Schaffler that Royal Gold appears to be a more attractive investment due to higher profit margins and record royalty revenues. With gold oversold on our oscillator model today, there’s a high probability that gold could rally soon, and gold stocks could participate in that rise. Flash Player 9 or higher is required to view the chartClick here... [Read more]
