Master Investor

George Ogilvie Has Got Kirkland Lake Gold Generating Cash Again, But $120 Million Of Debt Remains Outstanding
George Ogilvie

George Ogilvie Has Got Kirkland Lake Gold Generating Cash Again, But $120 Million Of Debt Remains Outstanding

4 mins. to read

By Alastair Ford It’s been an interesting 12 months for George Ogilvie. George was appointed chief executive of Kirkland Lake Gold back in December 2013, just as the gold price was bottoming out at US$1,200 per ounce after a precipitous fall from US$1,800. That fall, following repeated delays to the planned expansion programme at the…

Sound Oil walks from Antrim deal as oil price continues to sink
Sound CEO James Parsons

Sound Oil walks from Antrim deal as oil price continues to sink

2 mins. to read

By Amy McLellan With the oil price still in free-fall, oil companies are weighing their options carefully as what looked a steal just six weeks ago at US$70 per barrel now looks far less compelling as the price sinks below US$50. As a result, deals are being pulled and projects iced as companies wait for…

Cub Energy is extremely unhappy with amendments to the Tax Code of Ukraine concerning gas royalties
Cub is focused on Ukraine

Cub Energy is extremely unhappy with amendments to the Tax Code of Ukraine concerning gas royalties

3 mins. to read

By Stewart Dalby When we last wrote about TSX-Venture listed Cub Energy in the middle of November last year we reported that Cub Chairman and CEO Mikhail Afendikov said the company intended to keep “truckin” on in Ukraine, where it is focused, despite concerns about continued operations in that troubled country. At that point the…

Kibaran Resources Presses Ahead At Merelani
Merelani

Kibaran Resources Presses Ahead At Merelani

2 mins. to read

By Alastair Ford The Merelani graphite project in Tanzania isn’t exactly new. It was discovered several decades ago on a site not far from the town of Arusha in the north of the country and within sight of Mount Kilimanjiro. But graphite markets have been fickle over the years, and although it was briefly mined,…

Central Asia Metals Beats Targets Yet Again
Copper cathode from Kounrad

Central Asia Metals Beats Targets Yet Again

1 mins. to read

Central Asia Metals has continued the strong run of results it initiated in 2012, reporting record annual copper production for the year to December 2014 of 11,136 tonnes. That represents a six per cent increase year-on-year and a significant percentage increase on the nameplate capacity of the company’s Kounrad operation in Kazakhstan, which was originally…

Tangiers Petroleum starts a new life by acquiring some highly prospective acreage in Alaska
Tangiers moves to Alaska

Tangiers Petroleum starts a new life by acquiring some highly prospective acreage in Alaska

4 mins. to read

By Stewart Dalby Is there corporate life after death? You might conclude, after the recent experience of ASX and AIM-listed Tangiers Petroleum, that there is. I exaggerate. Tangiers did not die, but following the news last August that the Tao-1 exploration well on the Tarfaya block offshore Morocco was a duster, the company was in…

Canada’s Eco Atlantic Oil & Gas Ready For The Next Step In Namibian Upstream Search
Eco Atlantic's core business is in Namibia

Canada’s Eco Atlantic Oil & Gas Ready For The Next Step In Namibian Upstream Search

2 mins. to read

By Martin Clark Canadian junior Eco Atlantic Oil & Gas is advancing its Namibian projects nicely, after a year of progress in the field and in the boardroom. The company, which is listed on the TSX Venture market, holds four petroleum licenses in the south-west African country, three offshore in the Walvis Basin area, and…

That Was The Week That Was … In Australia
The ASX

That Was The Week That Was … In Australia

5 mins. to read

By Our Man in Oz Minews. Good morning Australia, your gold stocks seem to have had a good week. Oz. It’s more a case of a good two weeks to best see the recent performance of ASX-listed gold producers with last week’s 11.9 per cent rise in the gold index coming on top of a…