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Videos

Mickey Fulp: ‘We Need to Eliminate the Zombie Miners’

Gold – Mercenary Geologist Mickey Fulp wasn't able to make it to PDAC this year, but that doesn't mean he wasn't watching what went on at the conference. In this video, Fulp delivers interesting information about the finances of some companies in attendance, also touching on issues currently plaguing many major gold miners.

Company News

Orbite Aluminae Closes $5 Million Public Financing

Rare Earth – Orbite Aluminae (TSX:ORT,OTCQX:EORBF) has closed an additional offering for gross proceeds of $5 million as a result of the exercise of a financing option by Euro Pacific Canada. Proceeds from the additional funds will be used towards Orbite's high purity alumina production facility in Quebec.

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Company Videos

Pure Energy Minerals CEO Robert Mintak Provides an Update on the Clayton Valley Lithium Brine Project

Lithium – Pure Energy Minerals (TSXV:PE) CEO Robert Mintak spoke about the Clayton Valley Lithium Brine Project, located in Esmeralda County, Nevada - halfway between Las Vegas and Reno. According to Mr. Mintak, "In 2014, Pure Energy was able to successfully raise close to $4 million, which allowed us to begin exploration work on the project. Early drill results have shown promising lithium concentrations ranging from 230 to 400 parts per million. Additionally in 2014, Pure Energy was able to add additional management roles to the company including a new COO, Dr. Andy Robinson, PhD, Geoscientist with a history in water project development; and Alexi Zawadzki as VP of Business Development. Additionally, we added Prof. LeeAnn Munk, a world-ranking geoscientist on lithium brine resources."

Colombian Mines’ CEO Robert Carrington Provides an Update on El Dovio and Mercedes Projects

Gold – Colombian Mines Corporation (TSXV:CMJ) CEO Robert Carrington reported developments at El Dovio and Mercedes projects in Colombia. He says, "Colombia Mines is currently expanding the permitting at El Dovio to increase the area that we can drill from and better interpret and expand the potential resources there. We're also working on a hydrologic survey at our Mercedes project that will see us get the water permits we need so we'll be able to drill that later in 2015."

Foran Mining Corporation States Priority for 2015

Foran Mining Corporation (TSXV:FOM) CEO Patrick Soares spoke to the Investing News Network about its focus on 2015, as well as its Balsam property, located southeast of its flagship McIlvenna Bay Deposit near Flin Flon, Saskatchewan.

Market News

Nordic funds Cut U.S Fuel Investments

Coal –   Bloomberg reported that a concern over climate change and a fall in commodity prices have forced Nordic funds to cut support to U.S fossil-fuel companies. As quoted in the market news, The investors, including Norway’s $900 billion sovereign wealth fund and Nordea Bank AB from Sweden, have also sold off holdings in Devon Energy [...]

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