About Andrew

Experienced private investor in the mining and commodities sectors. I look for long term growth companies, with a strong management team in tier 1 jurisdictions.

i-80 raise $50 million in Convertible Debentures


Announced that it has entered into an agreement with Sprott Capital Partners and CIBC Capital Markets and together with Sprott, in connection with a “best efforts” private placement offerin of up to US$50,000,000 principal amount of secured convertible debentures of the Company.  Continue reading

Cape Town 2023 – Conferences Are Busy

Cape Town 2023

The first major mining conferences of 2023, Indaba and 121 Mining Forums, both had busy first days in sunny Cape Town.

These conferences are very popular with fund managers and investors from London taking the opportunity to spend a few days away from the cold and rain in the UK, and this year is no exception.  Continue reading

Calidus Report Improved Results, But Disappoint

Calidus Resources (ASX: CAI)

Reported improved results from the last quarter, but the market was disappointed and the stock fell 25% afterwards.

The main issue is the AISC of around AUS$2,000 – 2,200, much higher than we’d like to see, but still well below the price of gold in AUS$ of around AUS$2,800.  Continue reading

Wesdome Gold CEO Falls on His Sword

Wesdome Gold (TSX: WDO)

CEO Duncan Middlemiss would appear to have fallen on his sword after submitting his resignation yesterday after a year of poor performance and missed guidance for Wesdome Gold Mines.

The market has reacted to the recent problems at the company and the CEO has resigned. Normally this is likely to be seen as a positive, but in this case it has unnerved investors.  Continue reading

Neometals Signs Critical Minerals agreement

Neometals Ltd (ASX / AIM: NMT)

Has signed a Term Sheet to investigate opportunities with AVL to purchase and further process the co-product vanadium/iron concentrate generated from Neometals’ Barrambie Project,  and to co-locate and/or share infrastructure near AVL’s processing
plant site.  Continue reading

Ascot Drills 199 g/t Gold Over 1.0 m

Ascot Resources (TSX: AOT)

Announced the last remaining assay results from the 2022 exploration drill program at the Company’s Premier Gold Project located in the prolific Golden Triangle of northwestern British Columbia.

Ascot Drilled Its highest grade intercept to date at the Day Zone, 199 g/t Gold Over 1.0 Metre.  Continue reading

Mining Review 22nd January 2023

Mining Review 22nd January 2023

Copper is up as once again supply concerns emerge as more protests erupt in Peru, constraining production in the second largest exporting country.

Ascot Resources, Calidus Resources, Impact Minerals, Minera Alamos, Orla Mining, and TriStar Gold made news this week.

Continue reading