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@MiningBookGuy Infill drill results from Kebigada extend mineralisation http://www.asx.com.au/asxpdf/20161031/pdf/43ch2r583ly1cf.pdf $BYR.AX $BYR #DRC #gold #index
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@MiningBookGuy Castle Peak Completes Scout Drilling @newsfile/castle-peak-completes-scout-drilling $CPKOF $CAP #Ghana #gold #index
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@MiningBookGuy East Africa: Dar, Kinshasa Keen On Oil Exploration http://allafrica.com/stories/201610310838.html #Tanzania #DRC #EastAfrica #Africa #oil #gas #exploration
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@MiningBookGuy Nigeria senate chairman says gov't needs to clarify use for new mining funds http://www.vanguardngr.com/2016/10/need-result-n30bn-mining-intervention-fund-senator-manager/ hat-tip @PiercePoints #Nigeria #mining
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@MiningBookGuy Russian firm to build nuclear reactor in Tanzania http://www.theeastafrican.co.ke/news/Russian-signs-nuclear-energy-deal-with-Tanzania-and-Uganda/2558-3436550-hu8wwk/index.html hat-tip @sndwky #Tanzania #Russia #Uganda #Kenya #Zambia #Ghana #Nigeria #Africa #nuclear #uranium #index Partial Quote: "Russia’s nuclear energy agency has signed agreements with Tanzania and Uganda, only a few months after inking similar deals with Kenya, Zambia, Ghana and Nigeria, signalling Russia’s intention to become Africa’s key partner in nuclear development."
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@MiningBookGuy Ivory Coast voters back new constitution: Officials say more than 90 percent supported the new charter, though turnout was low following an opposition boycott. http://www.aljazeera.com/news/2016/11/ivory-coast-voters-constitution-161101205411361.html #IvoryCoast
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@drezinho $BYR.AX Burey to acquire interest in neighbouring Tendao Project Highlights Tendao Gold Project borders Burey’s Giro Gold Project to the west Project area comprises five exploitation permits covering a total area of 1,456 km2 which has been the subject of historical gold mining Belgians mined extensively from two areas, the Tendao Prospect and Ao Prospect Subject to due diligence and completion of commercial negotiations, an interest of 60% will be acquired by Burey, significantly increasing its tenement holding to over 2,000km2 Administrative and tenure due diligence ongoing http://www.asx.com.au/asxpdf/20161103/pdf/43cm1gwwjqnrrp.pdf
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@MiningBookGuy Check out my Orca Gold (ORG) clip, and hoping for some discussion in 'mbgtrends'. further info here! https://ceo.ca/mbgtrends?d8f0074d69a8
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@Excelsior @MiningBookGuy - forgot to say well done on your Orca Gold video clip. Very well done and also an interesting case study on how to follow a CEO.CA room for a pick up in news and activity, and even how your views and take on Orca changed over time. Good stuff man. Keep on keepin' on!
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@MiningBookGuy @Excelsior - see full response here: https://ceo.ca/mbgtrends?f5c0f41bfa5e :)
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@MiningBookGuy $CDV.AX - 4 Million Ounce Maiden Resource at Namdini http://www.asx.com.au/asxpdf/20161107/pdf/43cpn3m32rsxb3.pdf #Ghana #gold #index share price down roughly ~25% on the news (so far this evening). will be interesting to see how this one trades throughout the week. larger resource than most people expected, but perhaps some other issues like metallurgy.
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@MiningBookGuy $EDV - Endeavour reports maiden resource for its recent Ity Mine discoveries and identifies several new exploration targets http://hugin.info/171882/R/2054698/769266.pdf #gold #IvoryCoast #index Partial Highlights: -Significant high-grade maiden resource totaling 515koz of Indicated and 108koz of Inferred on the recently announced Bakatouo and Colline Sud discoveries -Feasibility Study for Ity CIL Project expected to be published later this week, which will be updated in H1-2017 to include the Bakatouo and Colline Sud discoveries
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@MiningBookGuy $THX - Thor Explorations Ltd.: Mining License Renewal, Private Placement Financing, and New CFO @marketwired/thor-explorations-ltd-mining-license-renewal-private #Nigeria #Senegal #BurkinaFaso #gold #index Highlights: - #Nigeria mining license has been successfully renewed for 25 years for Segilola #gold project - Private Placement for up to CAD$2,000,000 through the issuance of common shares of the Company at an issue price of CAD$0.145 per share. (*my note- No warrants and significant premium to current share price of CAD$0.10) - New CFO Ben Hodges, significant previous experience with #ASX & #AIM listed natural resource companies
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@MiningBookGuy $ASE - Ned Goodman’s Best Kept Secret – Asante Gold Corp. (CSE: ASE) & Its $580M Chinese JV Partner http://palisade-research.com/ned-goodmans-best-kept-secret-asante-gold-corp-cse-ase-its-580m-chinese-jv-partner/ #Ghana #gold #NedGoodman #PalisadeResearch #Promotions #index Haven't had time to read this yet, looks interesting.
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@MiningBookGuy $BYR.AX - High Gold Recoveries from Standard CIL Testwork from Burey Gold’s Kebigada Target http://www.asx.com.au/asxpdf/20161109/pdf/43crqgywyl8jwp.pdf $BYR #DRC #gold #index
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@Excelsior @MiningBookGuy- I've been traveling quite a bit the last 2 weeks and haven't had as much time to pop on here, but just wanted to say how much I appreciate the updates here in ~AUfrica Cheers!
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@MiningBookGuy @Excelsior - thanks for the additional kind words! i've been a little out of it this week...but that's mostly due to trying to buy stocks on the cheap...hopefully not too early! i think i've got an article or two i forgot to post in ~AUfrica...will try to dig those up now.
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@MiningBookGuy oh, before looking for those articles, $CDV.AX just got absolutely crushed this week! i took a massive hit on my position (lucky for me it's quite a small position...maybe what held me back was my big mistake with $ORE). in any case, we seem to have 2 'pretty big' disasters in #WestAfrica with $ORE and $CDV.AX ...both projects could still work (I think $ORE is in better shape right now, but $CDV.AX is earlier stage and has further growth potential). But it's taken the sails out of various African plays, while at the same time showing how few 'good' (let alone 'great') projects are out there. We just need to realize that economic #gold discoveries will be GREATLY rewarded, and #Africa is one of the places to look for them. #discovery #exploration
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@MiningBookGuy $EDV - Endeavour poised to approve $307m Ity project in 2017 http://www.miningmx.com/top-story/28412-endeavour-poised-approve-307m-ity-project-2017/ #IvoryCoast Good companion piece to the NR earlier this week. Ity seems to be an impressive project, good economics with plenty of exploration potential. While $EDV can seem overvalued, they are absolutely the leaders in putting together these ~100k-200k oz/year producing mines. I love this 1-2 punch of #Hounde in #BurkinaFaso and #Ity in #IvoryCoast, I believe both of of those are sharing the 'flagship' position. Also note that the CEO is talking about Endeavour possibly paying dividends soon! I'm personally not a big fan of this. But keep in mind $RRS.L has done the same thing (very successfully), and I believe $EDV is modelling their company on $RRS.L, with high-quality, low-cost projects, and the dividends are something European investors especially like (with both of these companies focusing on them as a core shareholders). Just some thoughts from me on this.
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@MiningBookGuy @Newton RE: https://ceo.ca/aan?cb2ff68ea1a3 - I think there are some well-balanced details on the #IMF loan to #Egypt in this clip: IMF approves $12 billion loan to Egypt https://www.youtube.com/watch?v=pgEYokbYiHA+ #CCTVafrica Positives & Negatives, and anyone interested in $AAN will want to monitor how the money is used. I am hopeful we will hear more positives on this going into 2017.
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@MiningBookGuy Fast growing TAHE boost Sudan’s gold exports http://www.theworldfolio.com/news/fast-growing-tahe-boost-sudans-gold-exports/3743/ hat-tip @Jayfire #Sudan #gold relevant to $ORG TAHE International Mining Inc. is a great example of one of the increasing number of foreign mining companies investing in Sudan, Africa’s third largest gold producer
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@MiningBookGuy Sudan steeled for sharp price rises as state cuts fuel and electricity subsidies https://www.theguardian.com/global-development/2016/nov/10/sudan-steeled-sharp-price-rises-state-cuts-fuel-electricity-subsidies hat-tip @Jayfire #Sudan relevant to $ORG, needs to be monitored over time.
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@MiningBookGuy Orca Gold Series #2 - Learn about the Arabian-Nubian Shield & Sudan with CEO.CA! https://youtu.be/1l3Rk9xgX0s+ ~AUfrica $ORG $AAN $EAM $NSU
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@MiningBookGuy $WAF $WAF.AX - West African hits 5m at 30.28 g/t Au and 14m at 11.82 g/t Au from 216m at M1 South http://www.westafricanresources.com/wp-content/uploads/2016/11/161115_M1_Final.pdf #BurkinaFaso #gold #index
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@MiningBookGuy $EDV - Endeavour says Ity emerging as potential ‘flagship asset’ http://www.northernminer.com/news/endeavour-says-ity-emerging-potential-flagship-asset/1003780816/ #IvoryCoast #gold #Ity #WestAfrica #NorthernMiner #index Partial Quote: [“It’s the #exploration upside that really demonstrates the potential for the Ity complex to become another flagship asset,” de Montessus elaborated. “This is a great story because I believe there’s only a handful of companies today that have the ability to advance #grassroots discoveries to production, which is the best way to create value in our industry. The current feasibility document doesn’t include our near-mine discoveries, and we expect that exploration success to continue with the near-mine targets already identified,” he added.] #discovery
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@Excelsior Asanko Gold $AKG is a Top #Takeover Target After Impressive Q3 Results Toronto, Ontario (FSCwire) - Posted By Smallcappower - November 10, 2016 "We first wrote about the Asanko Gold Inc. $AKG story back in April, speculating that its low-cost production and country synergies would make the Company an ideal acquisition candidate for Newmont Mining Corporation $NEM . Since then, Asanko’s stock price has surged more than 45% and its most recent financial/operating results suggest that the Company is firing on all cylinders and may attract the attention other suitors..." http://smallcappower.com/expert-articles/asanko-gold-101116/
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@MiningBookGuy $EDV - Investors Day PowerPoint, focus on #exploration - https://www.endeavourmining.com/assets/docs/ppt/investor-day-presentation-20161115095828.pdf This is some REALLY heavy duty stuff! 200+ pages, I'm skimming through it. I'm surprised they are sharing all these details. If you're serious about #WestAfrica #gold, highly recommend you at least take a quick look, and then consider looking deeper. A video will be available soon here as well: https://www.endeavourmining.com/investors/webcasts For the record, I think $EDV has the clearest '5 year strategy/growth plan' of ANY mid-tier in the world. With that said, it's trading for a premium, and there's plenty of room for competitors. I am constantly trying to find other mid-tiers that can stack up, and are relatively undervalued right now. @nasdaq/endeavour-mining-posts-investor-day-presentations
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@Brownie Still in your $SWA MBG?
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@MiningBookGuy @Brownie - yes. Will comment more soon
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@Brownie Picked it up at .165 today
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@MiningBookGuy Sudan: Minerals Minister Calls On Canadian Companies to Invest in the Mineral Resources http://allafrica.com/stories/201611150335.html hat-tip @sndwky #Sudan #Canada #gold #mining #ArabianNubianShield #index Hey Canadians, you're all invited to join $ORG!
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@MiningBookGuy Egypt's first gold mining tender since 2009 set for early December http://english.ahram.org.eg/NewsContent/3/12/248995/Business/Economy/Egypts-first-gold-mining-tender-since--set-for-ear.aspx hat-tip @piercepoints #Egypt #gold #mining #ArabianNubianShield #index And Egypt wants more companies to join $AAN!
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@MiningBookGuy I just posted positive articles on #Sudan / #Egypt, implying positives for $ORG / $AAN and all the companies in the #ArabianNubianShield. I had no idea these news items were coming out when I created this video over the weekend: https://www.youtube.com/watch?v=1l3Rk9xgX0s+ This is real positive momentum, and it will be hard to stop if more discoveries and companies keep joining the fold, whether it's in #Sudan / #Egypt / #Eritrea / #Ethiopia / #SaudiArabia, or any part of the #ArabianNubianShield! #areaPlays #shieldPlays #regionalPlays #saudi #gold #mining #geopolitics #PositiveMomentum
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@Excelsior Q3 2016 RESULTS AND OPERATIONAL UPDATE from Aureus Mining Inc. $AUE $ARSMF ~AUfrica West #Africa #Gold #Production #TurnAroundStory 14 November 2016 http://aureus-mining.com/investors/news/latest-news/q3-2016-results-and-operational-update
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@MiningBookGuy #Egypt - This Well-Positioned Gold Nation Is Granting Its First Licenses In 7 Years http://piercepoints.com/mining-investment-exploration-gold-egypt-licensing-round-nubian-shield-ethiopia/ @PiercePoints #PiercePoints #ArabianNubianShield #gold #Ethiopia #Sudan #index Nice little write-up from @PiercePoints, I was only aware of this from his twitter feed in the first place. As mentioned before, this is good for all companies in #ArabianNubianShield, but #Egypt news especially good for $AAN & $CEE $CEY.L & $STI.L. Interesting note to bring up $NEM, didn't realize their #greenfields focus is #Utah #Guyana & #Ethiopia. I'll need to look into that!
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@MiningBookGuy Follow-up: Here's $NEM confirmation in #Ethiopia from Jan. 2016: Newmont Mining aiming to expand presence in Africa http://www.miningweekly.com/article/newmont-mining-aiming-to-expand-presence-in-africa-2016-01-22 Will be interested to see how this develops! #Africa
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@FundamentalAnalysis @MiningBookGuy Thanks. Currently I am only aware of $KEFI as a publicly listed company which has an advanced project in Ethiopia, which is currently in financing phase. I have spoken to the enquired with the management, and it looks like they have continuously pushed back the financing deadlines despite mentioning that the government is on Board. My suspicion is the deposit is too small for financiers to take the risk. The grade is also highly variable, and the plan was to finance the mine with mostly debt, so any hiccups during production and they will end up with cash flow issues. Apart from that, I'm not aware of any advanced exploration projects there.
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@MiningBookGuy @FundamentalAnalysis - yes, $KEFI.L $KEFI is the most advanced in #Ethiopia. btw, you will see more posts on $KEFI.L in that room, there was a guy @Paul from the UK who followed it closely, but he hasn't been around in a while. You can check #Ethiopia room for more info as well. $EAM is trying to move forward with a smaller scale project than $KEFI.L (or I should say multiple projects, but I need to look closer). Anyway, those are some additional rooms to look into if you're interested in #Ethiopia. I would like to see more juniors enter this country, as well as the rest of the #ArabianNubianShield. *EDIT - i noticed @Paul posted in the $KEFI room. this is a slight issue at ceo.ca -- sometimes you will miss info because of ticker confusion ('KEFI' being AIM listed is supposed to have a '.L' at the end, but many of the posts are just in the 'KEFI' room). Anyway, you have already seen some, and I just realized that.
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@MiningBookGuy Tanzania: Mining Firms in Tanzania Must Float 30% Stake on Dar Bourse http://allafrica.com/stories/201611150757.html #Tanzania #mining Hmm, immediate thoughts-- might be some unintended consequences, possibly negative. But government clearly wants mining to be a bigger part of the economy, I liked this quote from the article: "Tanzania's mining sector has made tremendous progress over the past 20 years but its contribution to the country's GDP has never exceeded five per cent. The government is targeting a 10 per cent contribution to GDP in the next ten years, which is when the country expects to attain middle-income status."
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@Excelsior Asanko Gold $AKG – 2017 Guidance and Site Visit Presentations (Marketwired – Nov. 17, 2016) #Index 2017 Guidance The Company is targeting production of 230,000 – 240,000 ounces and All-in sustaining costs of US$810 – US$840 per ounce. http://www.marketwired.com/press-release/asanko-gold-2017-guidance-and-site-visit-presentations-tsx-akg-2176960.htm
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@Excelsior To further the point @MiningBookGuy made above $RRS.L $NCM.AX Randgold, Newcrest join forces to explore #IvoryCoast for more #Gold Cecilia Jamasmie | about 3 hours ago #Index http://www.mining.com/randgold-newcrest-join-forces-to-explore-ivory-coast-for-more-gold/
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@Onlyflaws @Excelsior its good to see the big boys entering Ivory Coast same time as mariana.
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@MiningBookGuy @Onlyflaws - they've been there MUCH longer than Mariana. it's just getting more attention now :)
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@Onlyflaws Oh, okay. Im happy nevertheless. :)
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@Excelsior EXCLUSIVE #Korelin Economics Report – FRI 18 NOV, 2016 #Index #drillplays AN UPDATE ON MARIANA RESOURCES AND THE PROJECT IN CÔTE D’IVOIRE "There is a lot of interest in Mariana Resources $MRA $MARL $MRLDF thanks to the continued high-grade drill results out of the Hot Maden property in Turkey – the most recent being 69.9m @ 62.7 g/t and 2.68% Cu, released on October 25th, click here if you missed that news. However the Company also holds properties in Côte d’Ivoire and Argentina. In this exclusive interview with Mariana CEO Glen Parsons we discuss the Côte d’Ivoire property. We talk about what first interested the team and the work that investors should expect through next year." http://www.kereport.com/2016/11/18/update-mariana-resources-project-cte-divoire/
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@MiningBookGuy thanks for sharing that @Excelsior! i'll listen soon.
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