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Canada announced on Thursday, Feb 9th 2012 that it has signed a deal with China that will allow Canadian Uranium to be sold to China, the fastest growing nuclear energy market in the world. We believe this is a good news story for Cameco (TSX: CCO) (NYSE: CCJ) the world’s largest publicly listed uranium producer based in Canada. By some estimates this could result eventually result in $3 billion of Uranium sales to China from Canada. Cameco is working to boost its production to 40 milli   Read more ››

While activities in Mexico occasionally become front page news due to the violence which is affecting some parts of this nation, it is also a very active mining jurisdiction with several major, intermediate and junior miners having production facilities in the country. In fact, Mexico has a rich mining history that spans almost 500 years. Some investors will associate Mexico more with silver production as it is the #1 silver producer; however, the country also has abundant resources of gold,    Read more ››

Universally, stock markets performed strongly on the back of better than expected retail data from the US as well as optimism over corporate earnings and the EU’s coordinated effort to support the ailing banks in the region. All major indices in the US rallied last week on strong retail sales and encouraging earnings from Google. For the third week running the Dow gained putting it back in positive territory for the year. The Dow moved up 4.9%, the S&P 500 eased up 6% and the Nasdaq g   Read more ››

It has been an awful week for gold prices. Despite bullish predictions for gold from Denver Gold Show, a recent survey by Bloomberg and strong predictions by gold bulls, gold fell like all commodities and other asset classes (except US treasuries) last week. In the last 30 days gold prices have dropped 10%. In the last one week gold has declined over $120. This has lead investors to ask whether the decade long bull run on gold is over? One way to try to answer this question is to look at   Read more ››

Discovery of new gold deposits in Nevada has been declining dramatically over the last decade. Conventional exploration techniques have been thoroughly applied around the world, but do not work well when the rocks are hidden from view. 50% of Nevada that has never been systematically explored – the areas covered by a thin veneer of sand & gravel between alternating mountain ranges. However, the sand & gravel also contains groundwater that interacts with bedrock hidden from the vie   Read more ››