KIM Report

The Summer Exploration Season - Sans Fanfare

admin — Fri, 12 Jun 2009 00:41:31 +0000

Now that commodities have recovered slightly and the stock indexes appear to be climbing out of the financial hole that was March 2009, investors - both institutional and individual, appear to be breathing some life into the mining juniors that have been so beaten down. The ones that remain solvent anyways. On the diamond front, [...]

Commodity Recovery or Death-Rattle?

admin — Tue, 12 May 2009 01:57:58 +0000

A Possibly Bumpy Road Ahead The past month or so has seen a huge rise in the TSX and Venture indexes as all sectors slowly pull themselves out of the economic hole that was 2008. What may give investors some pause is the question as to whether this is a true recovery, or is this [...]

Hiatus Over

admin — Sun, 10 May 2009 15:02:06 +0000

Sorry for the break in postings, but being a grad student can result in some pretty crushing deadlines. New posts are coming very soon. As always, comments are appreciated.

Government Spending Supports Canadian Mine Development

admin — Sun, 29 Mar 2009 20:03:00 +0000

Background At the 2009 PDAC convention this month, CEO and President Matt Manson of Stornoway Diamond Corp. commented that this current economic environment and resultant government plans to increase spending is good for companies trying to develop mines in the sense of available infrastructure. Mr. Manson was in particular referring to Stornoway’s Renard diamond project in [...]

Chidliak: Peregrine Diamonds Discovers New Hope for Arctic Diamond Exploration

admin — Mon, 09 Mar 2009 01:39:38 +0000

The one diamond discovery that commanded the most attention at this year’s PDAC convention was Peregrine Diamonds‘ kimberlite (and subsequent diamond) discovery on its Chidliak property in south Baffin Island, Nunavut. Chidliak is 9800 km2, and since the discovery of diamonds on the property, Peregrine has added a buffer claim around the property of [...]

Selling Diamonds at the PDAC

admin — Thu, 05 Mar 2009 18:40:19 +0000

Diamonds were the focus of two sets of talks at the PDAC. The first was a more general discussion that dealt with varied topics such as threats to producers in the form of treated and synthetic stones, science in diamond exploration, the new Chidliak (Peregrine & BHP) discovery, and the diamond industry and its [...]

2009 PDAC Convention

admin — Sat, 07 Feb 2009 02:01:02 +0000

Sorry for the hiatus, it is once again paper-writing time. I would like to draw your attention to this year’s Prospectors and Developers Association of Canada (PDAC) International Convention, Trade Show, and Investors Exchange in Toronto this March 1-4. Detailed information on the event can be found HERE on their webpage. Needless to say this [...]

Hoping for a Copper Comeback

admin — Fri, 02 Jan 2009 01:58:57 +0000

Background Chile is probably the world’s #1 supplier of copper (~35%) through the state-owned entity Codelco and various foreign producers. The geology of the Andes lends itself to large-scale porphyry deposits rich in copper as well as gold, molybdenum, silver, rhenium and other metals. Such a huge drop in the prices of these commodities (with [...]

Silver Linings

admin — Sun, 21 Dec 2008 21:12:13 +0000

During this seemingly never-ending drop in equity prices, many analysts are recommending that now is the time to buy stocks as so many solid companies are trading at deep discounts. But what companies does one invest in currently? In terms of resource stocks, most are trading at 70-90% below their stock price last winter. [...]

Sorry for the wait

admin — Tue, 09 Dec 2008 03:07:58 +0000

I apologize for the lack of updates these past few weeks. I have been unable to get away from thesis-related obligations. New articles are coming soon well before Christmas. Even though it appears that no one wants to buy commodity stocks anymore.