Category Archives: Uncategorized

NexGen Energy, next moves

NexGen Energy (NXE.V) energized the junior mining world Tuesday (after being halted all day Monday) with a drill hole described variously as “landmark” (by the company) to a “barnburner” (Dundee). NexGen’s AR-14-30 at its Rook 1 project, part of the … Continue reading

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Pattison backs Canterra, Randy Turner’s diamond explorer

by James Kwantes Billionaire Jim Pattison’s business empire in automotive, food, forestry, packaging, media and coal terminals has made him Canada’s richest or third richest person, depending on who’s doing the counting. Turns out part of Pattison’s fortune is also … Continue reading

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Busy week in Canadian diamond world

by James Kwantes As regular World of Mining readers know, I have written about Eira Thomas and followed her career since I was an Ashton Mining shareholder. I interviewed Eira recently about her diamond pursuits and other endeavours for the … Continue reading

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Cashed-up IDM Mining takes gold hunt to Red Mountain

Rob McLeod’s IDM Mining has closed its financing, raising about $3.3 million to drill for high-grade gold at its Red Mountain project, near Stewart in northwestern B.C. The area has been home to some of Canada’s highest-grade gold mines, including … Continue reading

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WEQ revisited

Small-cap dividend play WesternOne Inc ($WEQ.CA) named its new CEO this week and the market applauded. On Sept. 1, current Ritchie Bros CEO Peter Blake will succeed interim CEO Robert King at the helm, the company announced May 26. Blake … Continue reading

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NEWS FLASH: Sherritt insider buying

One of the main beefs activist investor George Armoyan has with Sherritt executives and board members is their lack of “skin in the game.” Armoyan recently failed to get his slate of directors elected to the board of the underperforming … Continue reading

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Peregrine Diamonds: (Barely) buried treasure on Baffin Island

by James Kwantes, World of Mining Peregrine Diamonds released its maiden resource estimate for Chidliak Wednesday, and it sparkled. The diamond exploration company led by Eric Friedland reported an NI 43-101 compliant inferred resource of 7.47 million carats of diamonds … Continue reading

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An eventful day

And I didn’t have the time to post on today’s Peregrine Diamonds resource estimate news, which moved the stock up 15% (6.5 cents) to 47.5 cents. Please check back tomorrow on that, as well as an update on the Sherritt/Clarke … Continue reading

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A (re-)visit with Pretium CEO Bob Quartermain

by James Kwantes, WorldofMining.com I first interviewed Bob Quartermain for the Vancouver Sun in December 2011 when his Pretium Resources IPOed on the Toronto Stock Exchange. At $265 million, it was one of the larger IPOs that year, and allowed … Continue reading

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Fight Club, Canadian-style (Sherritt vs. shareholders)

by James Kwantes, WorldofMining.com Sherritt and Clarke resumed their very public boardroom battle this week with fresh accusations and countercharges. Sherritt chairman Hap Stephen opened fire Monday morning with a 7-page broadside attacking dissident shareholder George Armoyan. Stephen spent about … Continue reading

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