City Investors Circle London
We have recently spent time with Mick Billing, the CEO of AIM and ASX listed Thor Mining, and also Ivy Chong, CEO of Canadian listed Dynasty Gold.
Both companies have an interesting story, and so we have initiated coverage of both, and will report their news here from now onwards. Continue reading
Neometals {ASX: NMT}
For the third year in a row, Neometals has paid a 1c dividend to shareholders.
In addition, the company has just completed an AUS $ 6 million share buyback. Continue reading
City Investors Circle
I attended the recent 121 Mining Forum held in London, which was the best of their conferences held in London so far in my opinion.
121 Mining conferences were established a few years ago by Pablo Martin and some fellow former Mines and Money colleagues, who designed an original concept of holding face to face meetings in individual booths, instead of the conventional trade show scenario where people amble round aimlessly and conduct ad hoc conversations, without any real structure. Continue reading
Tinka Resources Ltd. {TSX.V : TK}
Announced assay results for six holes from its ongoing resource step-out drill program at the Company’s 100%-owned Ayawilca project, central Peru.
Three holes are reported from West Ayawilca area, and three from the Zone 3 area, including one of the best holes ever drilled at A-118. Continue reading
Lithium Power International {ASX: LPI}
Provided a response to media reports on the licensing matter currently before the Chilean courts.
The case relates to the awarding of a CEOL to exploit lithium to the state-owned copper company, Codelco, immediately prior to the change of Chile’s government on 11 March 2018. The CEOL covers the entire Maricunga Salar, including properties owned by LPI’s joint venture entity Minera Salar Blanco SA. Continue reading
Storedot
The Israel based private company developing a new type of molecular battery for phones and cars, has received a $20 million investment from British Petroleum.
Clearly the oil company has seen the writing on the wall,and is looking to diversify out of simply being in petroleum supply into battery technology, thus Continue reading
lithium Power International {ASX: LPI}
In a surprise announcement, LPI founder and CEO Martin Holland has announced his resignation with immediate effect.
The search for a successor has commenced, and Mr. Holland will remain in his post until 30th June. Continue reading
Tyranna Resources {ASX: TYX}
In 2016 Tyranna sold the Lynas lithium project, adjoining Pilbara Minerals’ massive Pilgangoora lithium play, to Kairos Minerals.
Kairos has delivered on one of the milestone objectives, and this share payment valued at just under $300,000 is Tyranna’s reward. Continue reading
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Avalon Advanced Materials {TSX: AVL}
Announced a mineral resource estimate update for the Separation Rapids lithium deposit which includes results from the 2018 winter drilling program disclosed in the Company’s news release dated April 3rd 2018. Continue reading
Canuc Resources Corp. {TSX.V: CDA}
Provided an update on exploration at their San Javier project.
Samples taken from the northeast portion of the San Javier mineralised corridor returned high-grade results of up to 625 grams per tonne silver, over 1.5 metres from breccias at the Chiripas workings. Continue reading
Zenyatta Ventures {TSX.V: ZEN}
The ousting of management by a dissident group who are then able to elect their own team to the board of directors is an exceedingly rare event in Canada, or elsewhere for that matter.
Normally, management either have enough votes to prevent this, or can count on support from large holders to prevent it, but ZEN had neither! Continue reading
Canuc Resources Corporation (TSX-V: CDA)
Advised that it has signed a letter of intent (LOI) to acquire Full Circle Energy Ltd., an Ontario Corporation.
Full Circle’s principal assets consist of 6 sections of undeveloped oil prospective acreage in southwest Saskatchewan, and a Farm-in agreement that references a further 6.3 contiguous sections of adjacent land. Continue reading
Colonial Coal {TSX.V:CAD}
Strategic investor Rosseau Asset Management of Toronto added a further 100,000 shares of Colonial Coal, bought in the market on 17th May at 37 cents per share. Continue reading
Komet Resources {TSX.V: KMT}
Announces a corporate restructuring, new CEO confirmed. Continue reading
Zenyatta Ventures Ltd. {TSX.V:ZEN}
Announced that further to the Special Meeting of its shareholders held on May 11, 2018, the appointment of its independent director Brett A. Richards as the Chair of the Board of directors and to provide an update on the composition of the Board Committees and the appointment of a Chief Restructuring Officer and Interim Head of Business Development and Technology. Continue reading
Cascadero Copper {TSX.V: CCD}
An analysis of the shareholders of the shareholders of Cascadero Copper throws up an interesting statistic, the stock is over 87% owned by retail investors, 3-4 % by private companies, and only around 8% held by management.
This perhaps explains why a promising looking ceasium project (despite the company name) is attracting no attention from brokers and analysts, and media mentions are few and far between. Continue reading
Avalon Advanced Materials {TSX: AVL}
Announced that it will re-activate its 100% owned Nechalacho Rare Earth Elements Project, Thor Lake, NWT (“Nechalacho” or “the Project”) in 2018 due to strong demand for the ‘magnet rare earths’ neodymium and praseodymium. Continue reading
GoldMining Inc. {TSX-V: GOLD}
Announced that, further to its news release dated April 26, 2018, the Company has completed its indirect acquisition of the Narrow Lake property .
The Property includes the N1 and N2 claims, which cover a total area of 618 hectares. Continue reading
Zenyatta Ventures {TSX.V: ZEN}
On Friday a rare event took place, a listed company, (in this case on the TSX Venture Exchange), lost a proxy vote to a dissident shareholder group, and four directors including the chairman, and the former CEO, were removed from Office.
This victory is more significant in that it occurred despite management attempts at entrenchment. Continue reading
