Dahlman Rose & Co. Global Metals, Mining and Materials Conference

Presentations by some of the main US listed Miners.

Junior Silver M&A - First Majestic to Buy Orko Silver

First Majestic is a well rated growth silver Miner, here again using a strong stock price to acquire a long standing junior silver developer, Orko, with its Preciosa deposit for $380m, a premium of 70% to recent prices.
Orko have a resource estimate of 110m oz resource and 154m oz inferred and still awaiting a PEA to consider open pit mining economics.
Pan American Silver previously decided not to proceed with a right to earn into the project. ........

Abe wins Japanese Election - Global Print?

Will Japan do "unlimited easing"
Good for gold, or a mirage strong US$ ?

Couer D'Alene Buy Mirasol's Interest in Joaquin Silver Project

The Joaquin project is in Argentina, which has seen investors running scared of project nationalisation, risks of being unable to take cash and profits out of the country and some more localised permitting issues.

Gold Junior M&A - Primero Acquire Cerro Resources

Primero are one of the juniors in Mexico with a Goldcorp relationship/history.

John Kaiser - Discovery Cycle Coming

Kaiser expounds on his thesis, detailed in recent links to his articles at this blog, that the trading culture on the TMX is killing the junior sector.


Kaiser emphasises that a resource discovery cycle is coming after a resource feasibility cycle.
Rick Rule has also suggested the shock  will be the discovery cycle to come.
It is the smallest juniors which will drive new discoveries.

Golden Points to Ponder - Rick Mills

A good overview, familiar from a number of presentations by Mining leaders previously posted here, summarising the shortage of large gold discoveries, the reducing grade and quality of deposits and the growing attractiveness of low total cost deposits and discoveries held by junior companies.

At Ahead of the Herd

Rick Rule - Sprott Asset Management - Largest Capital in the world now entering the Gold & Silver Space

Interview with Rick Rule at KWN

Mylchreest - Thunder Road - The Ultimate Bubble is in Money itself - Gold & Silver "Go To" Assets

Paul Mylchreest's Thunder Road Report now published by Seymour Pierce is deep reading on Gold and on its place during Long Wave Kondratieff cycles.........

Brent Cook - Profiting from the Dismal State of Gold Miners and Explorers

Cook raises similar issues to Kaiser (see recent post) but sees a mining industry that is in dire need of quality economic discoveries.

Full article HERE

John Kaiser - Venture Market Survey and Finding One Big Anomaly

These papers by the ever analytical John Kaiser have been widely referenced by the likes of Rick Rule and Brent Cook.

Gold Junior Merger - Keegan and PMI Ventures to form Asanko Gold

Two neighbouring junior gold developers in Ghana are to merge utilising Keegan's $200m cash to advance PMI's Obotan deposit into production during 2014 at 200koz pa and develop Keegan's Esaase project by 2017 to create a 400k oz pa producer. They should now be fully funded to progress.

Gold Junior Financings - Aureus & Midway

A few are getting money recently to Develop mines

Midway in Nevada for $70m

Aureus - in Liberia for $80m

Gold Junior M&A - Maudore propose Merger with Eagle Hill

Maudore propose merger with Eagle Hill, consolidation of their Windfall Lake deposit with Noront's stake and financing.
Propose synergies with Comtois deposit.

San Francisco Hard Assets Companies

A Review at the always interesting Metal Augmentor

http://www.metalaugmentor.com/analysis/this-is-hard-assets-thoughts-from-san-francisco.html

Gold as a Tier 1 Bank Asset - Sprott

There has been discussion for some time around gold's potential to re-enter the monetary system with an increased weighting on bank balance sheets if "Basel III" / BIS rulings change the risk weightings to be applied. Sprott makes clear there is still much to be confirmed.

Mickey Fulp Interview at Beneath the Surface

Fulp is a Geologist newsletter writer who gains some respect in the industry and has warned of hard times for the junior companies for some time.

JUMEX Survey - Grant Thornton Junior Mining & Exploration

Key issues; funding, regulation, labour availability.
Increased M&A activity is likely if funding conditions do not improve as companies with cash take advantage.
Linked HERE

London Bullion Market Association - LBMA - Conference - Hong Kong - 2012 - Marc Faber Slides - Barrick Mining Presentation

The LBMA Conference 2012 agenda and presentations.

Ron Rosen - Bullish Gold, Silver, HUI Price Targets 2014

An interesting view of price targets, with the most bullish outlook for the Gold mining stocks from Ron Rosen on KWN..... Including Update 26th Nov

Pierre Lassonde at Grant's Autumn 2012 Conference

A good presentation of gold's fundamentals by Pierre Lassonde, one of the industry's most successful figures.

Brent Cook - Tips for Picking Companies with Potential

Brent Cook on Beneath the Surface with Scott Gibson.......

Peter Brandt - 30 Years of Chart Patterns in Gold

Quite a document by Peter Brandt reviewing chart patterns in Gold over 30 years........

Ian McAvity Gold Price Targets

Technical analyst Ian McAvity suggests gold price support at $1650 and a break out above $1,800 being key to see $2,000 by year end and on past gain percentages seeing $2,600 as early as February / March. Others see a longer journey to those levels.

Will Japan target 2-3% inflation?

Japan's election following the US and Chinese leadership change is discussing money printing "solutions".
Article here

Rick Rule at San Francisco Hard Assets

Rick Rule interviewed by Daniella Cambone at Kitco news.......

Jim Sinclair - Gold Balancing the International Balance sheet of the US / Technicals

Recent Posts discussing Gold price objectives to balance the International Balance sheet of the US and technical analysis.

Cashed Up Buyers of Junior Miners and Explorers?

A discussion of Capstone and Nevsun's cash holdings, $500-700m and $400m respectively, perhaps for Mergers and acquisitions.
Will they stick to base metals or look to gold?
Nevsun is a significant gold producer already in Africa, Capstone is more Copper focussed but is funding an IOCG exploration venture with Westminster resources in Mexico, so might be interested in diversification.

HERE

Junior Gold Mining M&A - Osisko to buy Queenston

The junior developer buyouts keep coming.
Here Osisko, now in production with very large open pit mine, securing in Queenston a large position in the Kirkland Lake camp, with Upper Beaver the most developed asset which could get into production by 2016.

Paying $550, EV $400m

Story HERE

High Stakes Speculation

I'm not usually a fan of Casey, but this is quite a good article from Louis James on what it can take to hit the 10-baggers speculators look for in grass roots gold exploration stocks.

11.11 - Remembrance

More.....

Gold Junior M&A Valuation Comparisons

A comparison of Prodigy and Galway acquisition valuation metrics by Danny Deadlock at Stockhouse.

Randall Oliphant - Virtues of Growth Mid-Tier and Junior Miners - New Gold Looking for M&A Targets

Interview with Barrick's former head now at New Gold with several other leading industry figures including Pierre Lassonde, Robert Gallagher, Raymond Threlkeld and Martin Konig.

Gold Junior M&A - Hochschild buy Andina

"Hochschild has agreed, subject to the terms of the Support Agreement, to make an offer to purchase all of the outstanding common shares of Andina by way of a friendly take-over bid at a price of C$0.80 per share in cash (the "Offer").

Obama Wins - Good for Gold - Don Coxe

Interview at Kitco

Monumental Move for Gold - 15x3 Point & Figure

From KWN News - LINK HERE to read more and see chart

Ron Rosen - “The 15 X 3 point and figure chart shows us that there have been three major selloffs since the year 1980.  Each bullish breakout from the selloff has returned to and successfully tested the breakout line.  The middle breakout line was tested twice.
Once the tests were complete a huge bull move began.  The current breakout, like the previous two breakouts, is being tested.  It would be most unusual if the breakout line was not tested.  When the test is complete, we will most likely see the biggest move of this entire gold bull market.

US Debt and Dollar Risk - The Triffin Dilemma - Council on Foreign Relations

According the the Council on Foreign Affarirs

The bimonthly Foreign Affairs is widely considered to be the most influential magazine for the analysis and debate of foreign policy and economics. Its website,ForeignAffairs.com, publishes original daily features and hosts the complete archives going back to 1922. 

Bonds and Flows to Gold - Don Coxe

Some time, the 30 year bond bull ends.
It may already have done so.
Or it may take years and the heads of many who try to short, as in Japan.

Junior Mining Buzzword Bingo

Very funny find at Inca Kola from Javelin Partners.
All too familiar from the world of junior mining powerpoint promotions.....

http://incakolanews.blogspot.co.uk/2012/11/junior-mining-buzzword-bingo.html

OT - Northumberland

Time by the Sea in a great part of Britain.