SOURCE: [Globe and Mail] - Lukas Lundin has no tricks for how to play the market, but somehow he has timed his deals impeccably.
The mining tycoon managed to sell a big gold mine for billions at the top of cycle. Then after bullion slumped 30 per cent he bought another gold project for a fraction of the original cost.
“It was some luck and some skill,” the executive said in an interview at this... [Read more...]
SOURCE: [Mining Weekly] - The recycling of gold, which fell to a seven-year low in 2014, is expected to remain low this year, and possibly decrease further owing to substantial near-market supply being flushed out, the World Gold Council (WGC) reported on Thursday.
“The decline in recycling in 2014 was widespread across both developing and industrial countries, although more severe in the latter,”... [Read more...]
SOURCE: [Reuters] - Canadian gold projects once shunned by miners in favor of more alluring opportunities overseas are regaining their sheen, as a weaker currency, new tax breaks and greater security of tenure are wooing miners to return home.
In the gold rush during the last decade, Canadian miners had largely focused on projects in far flung countries that often offered much larger potential output... [Read more...]
SOURCE: [Pacific Standard] - The latest entry in a series of interviews about subculture in America.
Prospecting for gold in the Sierra Nevada foothills is not the most popular way to get rich in California anymore, but it’s still a going concern for a few thousand romantics and fortune seekers. Modern prospectors converge on Northern California in the summer months and during holidays. One group,... [Read more...]
SOURCE: [MINING.COM] - Forget all the doom and gloom you hear about junior miners, says Lawrence Roulston, president of Quintana Resources Capital ULC. Canny investors should pay close attention to the flood of new money entering the sector and note carefully where it is going. In this interview withThe Mining Report, Roulston presents a host of undervalued gold and silver miners with management that... [Read more...]
SOURCE: [MINING.com] - Lower oil prices in concert with currency devaluation versus the U.S. greenback in established mining jurisdictions like Mexico and Canada could translate into sustainably increased operating margins at some operations and a rally in precious and base metals equities, says Shane Nagle, mining analyst with Toronto-based National Bank Financial. In this interview with The Gold... [Read more...]