July 2012
Mid-Spring Showers Lead to a Slower Canadian Economy
July 31, 2012 by prospectingjournal · Leave a Comment
GUEST COMMENTARY – The Canadian economy slowed down during the month of May which will potentially create a devastating financial blow to the second quarter. The Canadian gross domestic product (GDP) won’t look too attractive in the months ahead. Diana Petramala, an economist at Toronto-Dominion Bank said, “Strapped down by high household debt and weak [...]
Have You Overlooked Comprehending This Piece of the US Economic Puzzle?
July 31, 2012 by prospectingjournal · Leave a Comment
GUEST COMMENTARY — David Galland, Casey Research This missive begins with a couple of unusual charts – unusual because they contain no reference points. Here’s the first. As you’ll note, something occurred that triggered a waterfall slide in the chart. We’ll get to what that triggering event was in a moment. (Click on image to [...]
Bonanza Grade Intercept at Newman Todd 19.86 Ounces/t Gold Over 1.64 Feet (681 g/t Over 0.50 Metres)
July 31, 2012 by prospectingjournal · Leave a Comment
NEWS –Confederation Minerals Ltd. (“Confederation”) (TSX.V: CFM) is pleased to announce additional results from the 2012 diamond drill program holes at the Newman-Todd property in Red Lake, Ontario. Summary of Results for hole NT-114: (See Table 1) • 4.0 metres of 8.43 g/t gold including 1.0 metre of 19.0 g/t gold • 31.0 metres of [...]
Junior Miners Still Giving the Street Something to Talk About: Philip Ker
July 30, 2012 by prospectingjournal · Leave a Comment
Guest Commentary — Brian Sylvester of The Gold Report (7/30/12) http://www.theaureport.com/pub/na/13998 Which junior miners are giving the Street something to talk about? Some shining examples of promising companies with good balance sheets do exist despite what seems like a market dominated by bad news. In this exclusive interview with The Gold Report, Philip Ker, an [...]
Harry Dent’s Formula for Surviving the Great Bust Ahead
July 27, 2012 by prospectingjournal · Leave a Comment
Guest Commentary — Karen Roche of The Gold Report (7/27/12) http://www.theaureport.com/pub/na/13989 With a perfect storm brewing on the horizon, investors should be building their cash cache and running for cover, warns Harry Dent, author of The Great Crash Ahead. In this exclusive interview with The Gold Report, Dent explains how central bank stimulus programs are fighting [...]
The New Economic Collapse Video
July 24, 2012 by prospectingjournal · Leave a Comment
GUEST VIDEO — Casey Research – When Casey Research Chief Technology Investment Analyst Alex Daley met former Reagan Budget Director David Stockman to talk about the economy and where he sees it leading taxpayers investors and savers in the near future, he got some very intriguing insights from a man who served right at the [...]
Anomalous U3O8 in Last 4 Drill Holes of Winter Program, Patterson Lake South JV, Saskatchewan
July 24, 2012 by prospectingjournal · Leave a Comment
NEWS–ESO Uranium Corp. (TSX-V: ESO), (the “Company” or “ESO”) has received encouraging results from the analytical data submitted by its 50% Joint Venture (JV) partner Fission Energy (TSX-V: FIS) from the winter drilling program at Patterson Lake. Strongly anomalous uranium (30-873 ppm U) along 823 m of graphitic EM conductor. Located approximately 3.5 km up [...]
Profiting from Europe’s New Gold Rush
July 20, 2012 by prospectingjournal · Leave a Comment
GUEST COMMENTARY — Jeff Clark, Casey Research Europe owns a sizable chunk of the world’s natural resources. Over the past few decades, however, EU countries have mostly imported their resources. Outlandish? Maybe. But it was simply easier, cheaper, and most importantly it avoided most environmental conflicts. Getting through government regulation and facing off eco-friendly groups [...]
How to Minimize Risk and Increase Returns on Juniors: Joe Mazumdar
July 20, 2012 by prospectingjournal · Leave a Comment
Source: Peter Byrne of The Gold Report (7/20/12) www.theaureport.com/pub/na/13937 Joe Mazumdar, senior mining analyst at Vancouver’s Haywood Securities, adheres to certain fundamental metrics when reviewing the pedigree of a junior firm. In this exclusive interview with The Gold Report, Mazumdar explains why some juniors are positioned to do better than some majors in the current [...]
Paladin Energy Rebounds as Japan Restarts Reactors
July 19, 2012 by prospectingjournal · Leave a Comment
GUEST COMMENTARY — ProspectingJournal.com – Paladin Energy Inc. (PDN), Australia’s second-largest uranium miner, has been enjoying some much needed time in the green as media speculation suggests it could be targeted for a take over. The company’s stock has fallen almost 80% since the 2011 Fukushima disaster and is trading below book value, at a [...]
CEO’s are Pressuring Premiers to Create Business Partnerships with First Nations Groups
July 17, 2012 by prospectingjournal · Leave a Comment
GUEST COMMENTARY–ProspectingJournal.com–Equality is more than just a dream: Aboriginal communities will become full-fledged partners when taking hold of Canada’s vast resource wealth. CEO’s are stepping up their game when negotiating with Aboriginal communities. Mining and energy companies wish to partner with aboriginals. The Canadian Council of Chief Executives have developed a report that will urge [...]
Confederation Minerals Ltd.: More High Grade Gold at Newman Todd-22.0 Metres of 4.31 g/t Gold Including 1.0 Metres of 78.0 g/t Gold
July 17, 2012 by prospectingjournal · Leave a Comment
NEWS–VANCOUVER, BRITISH COLUMBIA–(Marketwire – July 17, 2012) – Confederation Minerals Ltd. (“Confederation”) (TSX VENTURE:CFM) is pleased to announce additional drill results from on-going diamond drill program at Newman Todd. An additional two holes are reported in this press release where drilling is targeting shallow mineralization above the Hinge Zone area of the Newman Todd Structure [...]
Crescent Miners Begin Exploratory I-Drifting on South Vein
July 17, 2012 by prospectingjournal · Leave a Comment
GUEST COMMENTARY–By Chris Major, The Wallace Miner, July 2012 Big Creek – On June 8, United Silver Corp. miners at the Crescent Mine Project intersected the South Vein from the newly driven 3890-attack ramp. Crews subsequently began exploratory I-drifting on East and West headings along the vein. It has been a year since exploratory I-drifting [...]
Endeavour Mining Delivers 102,691 Oz of Gold Production in First Half of 2012 and Updates Guidance
July 16, 2012 by prospectingjournal · Leave a Comment
NEWS–Vancouver, July 16, 2012 – Endeavour Mining Corporation (“Endeavour”) (TSX:EDV, ASX:EVR, OTCQX:EDVMF) announces total production of 102,691 ounces of gold in the first half of 2012, including 4,813 ounces produced at Nzema from ore purchased from an independent producer (“purchased ore”). As a result of the strong H1 performance, the Company is updating its full [...]
Does Central-Bank Gold-Buying Signal the Top Is Near?
July 13, 2012 by prospectingjournal · Leave a Comment
GUEST COMMENTARY–By Jeff Clark, Casey Research Doug Casey told me in January, “The only thing that scares me is that central banks are buying a lot of gold; they’re historically contrary indicators.” When it comes to buying gold, central banks have such a poor timing record that they’re frequently joked about as a contrary indicator. [...]
Endeavour Mining Files Technical Report For Agbaou Gold Project
July 13, 2012 by prospectingjournal · Leave a Comment
NEWS–Vancouver, July 12, 2012 — Endeavour Mining Corporation (“Endeavour”) (TSX:EDV, ASX:EVR, OTCQX:EDVMF) has filed an updated NI 43-101 technical report entitled “Agbaou Gold Mine, Côte d’Ivoire, NI 43-101 Technical Report” dated May 25, 2012 on SEDAR. The report is available at www.sedar.com, www.asx.com.au and www.endeavourmining.com. About Endeavour Mining Corporation Endeavour is a gold producer delivering [...]
43-101 Fail: 10 Million Ounces of Gold or BS in Cow Mountain?
July 12, 2012 by prospectingjournal · Leave a Comment
COMMENTARY—ProspectingJournal.com—People really need to watch what they write, especially when a couple calculations show that you have one of the largest gold deposits in the world. True, I was secretly hoping that Barkerville Gold’s (BGM: TSX.V) recent NI 43-101 was the real and pure truth. After all, having been forced to go on countless excursions [...]
The Race for Energy Resources Just Got Hotter
July 10, 2012 by prospectingjournal · Leave a Comment
GUEST COMMENTARY — Marin Katusa, Casey Research Malaysia’s state-owned oil and gas company just made a multibillion-dollar bet that Canada will choose to export its shale gas riches. Even though the odds of securing permission to export liquefied natural gas (LNG) from the Canadian west coast are still pretty poor, the costs of such an [...]
Bienvenido a Nacionalización: Bolivia Nabs Silver Deposit
July 9, 2012 by prospectingjournal · Leave a Comment
COMMENTARY—ProspectingJournal.com—These days, it seems the best thing to do if you are a miner who hits a big deposit in [enter foreign country here] is to try to keep the deposit as hush-hush as possible. Of course, pesky regulations prevent this secrecy from happening, as all those nosey shareholders demand “full and true disclosure” after [...]
The Rio-Alcan Stalemate Finale
July 6, 2012 by prospectingjournal · Leave a Comment
NEWS—ProspectingJournal.com—Approximately 780 Rio Tinto Alcan workers have finally ended their six month labour dispute in Alma, Quebec. Thursday July 5th 2012 was a historic day for Rio workers. Between 82 to 92 % of workers were in favour of a new tentative deal between the union and the aluminum mining company. The dispute erupted on [...]
Oracle Mining’s Oracle Ridge Copper Mine Receives Air Quality Operating Permit
July 6, 2012 by prospectingjournal · Leave a Comment
NEWS–VANCOUVER, BRITISH COLUMBIA–(Marketwire – July 5, 2012) – Oracle Mining Corp. (“Oracle Mining” or the “Corporation”) (TSX:OMN)(OTCQX:OMCCF)(PINKSHEETS:OMCCF)(FRANKFURT:OMC) is pleased to announce that its Oracle Ridge Copper Mine project near Tucson, Arizona received its Class II Air Quality Operating Permit from the Pima County Department of Environmental Quality (“PDEQ”) on July 3, 2012 (the “Air Permit”). [...]
Hunting for Elephants in Manitoba
July 5, 2012 by prospectingjournal · Leave a Comment
ANALYSIS—ProspectingJournal.com—When hunting for elephants, you have to head to elephant country. This is exactly what’s on the minds of the junior, mid-tier and major miners who have taken root in Manitoba. The elephants they are looking for are Volcanogenic Massive Sulphide (VMS) deposits, which hold riches in the minerals of copper, zinc and lead. And [...]
Deadly Clash in Peru Continues PR Nightmare for Newmont
July 4, 2012 by prospectingjournal · Leave a Comment
COMMENTARY—ProspectingJournal.com—If the image of mining in Peru wasn’t already on shaky ground, it is now: on Tuesday, 3 protestors died and 21 were injured as clashes between police and locals over Newmont’s $5 billion gold mine turned ugly. Again, Peru had to declare a state of emergency in the mineral-rich Cajamarca region where Newmont’s Conga [...]
Commodities Come Up for Air, But for How Long?
July 3, 2012 by prospectingjournal · Leave a Comment
COMMENTARY—ProspectingJournal.com—Despite the economy’s sluggish performance, commodities have made the biggest gains since November. The S&P/TSX composite index closed 2.2 % up, which marks its fifth gain in a row. Commodity producers, which have taken a beating in the volatile markets lately, led the gains with the Reuters/Jefferies CRB index of 19 commodities rising 3% for [...]
Which Course Will North American Natural Gas Producers Choose?
July 3, 2012 by prospectingjournal · Leave a Comment
Guest Commentary — Marin Katusa, Casey Research News of a “monster” natural gas find in British Columbia has one again highlighted that North Americans need to make a choice. Do we want to keep the huge volumes of natural gas that have been discovered in recent years across the continent landlocked and transportable only by [...]
