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Mining Stocks - Latest News
Updated: Newmont Corp
Newmont Mining is a solid major, although growth will be flat at around 5 million oz until 2017. They have 125 million oz of gold resources and a large pipeline (15 projects in development). Their problem is that they are so big ($9 billion fully diluted... more
Updated: Chesapeake Gold Corp
Chesapeake Gold is project generator with an awesome project. They have a huge project in Mexico (Metates) with 18 million oz of gold (1 gpt), 525 million oz of silver (15 gpt), and 4 billion lbs of zinc. With gold production of 750,000 oz for 20+ years,... more
Updated: Perseus Mining Ltd
Perseus Mining is a mid-tier producer in West Africa. In 2012 when I analyzed it, the FD market cap was a $1.3 billion market cap. Today the stock price has dropped 90% and it is down to a FD market cap of $113 million. They will produce about 200,000 oz... more
Updated: Torex Gold Resources Inc
Torex Gold Resources has a large late stage project (El Limon) in Mexico. It is a 5 million oz (2.5 gpt) deposit. They have a $715 million FD market cap, so most of the near-term value is already in the stock price. El Limon is permitted and financed,... more
Updated: Northern Star Resources Ltd
Northern Star Resources is a large gold producer in Western Australia. They have 5 producing mines and FD market cap of $900 million. However, they only have 1.5 million oz of reserves and 9 million oz of resources. Investors seem to only care about the... more
Updated: Salazar Resources Ltd
Salazar Resources has a late stage project (El Domo deposit on their large Curipampa property). El Domo (850,000 oz at 2.8 gpt) looks like it is heading to production. The capex is only $110 million and the after-tax IRR is 30% (with a 50% tax rate). It... more
Updated: Cordoba Minerals Corp
Cordoba Minerals is a project generator with a single large property in Colombia. San Matias is on 65,000 acres and already has two discoveries from early drilling. One of the holes was 101 meters at .6 gpt, plus 1% copper. Another hole was 123 meters at... (stock removed)
Updated: RTG Mining Inc
RTG Mining is developing a gold project in the Philippines, where they have two large properties. The Mabilo deposit looks like a potential gold/copper mine. They have a FD market cap of $55 million, yet only have drill results and no 43-101 resource... more
Updated: Midland Exploration Inc
Midland Exploration is a project generator with 41 properties and 22 projects on 600,000 acres in Quebec and Ontario. They have 6 JVs (gold projects), including deals with Agnico Eagle, Osisko, and Aurizon. However, none of them are advanced projects.... more
Updated: Resolute Mining Ltd
Resolute Mining is a strong mid-tier producer with two producing mines in West Africa (Mali) and Australia. They have moderate cash costs ($800 per oz), with about $1150 all-in costs per oz. Not a great balance sheet with $86 million in debt and $39... more
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