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    <title>Marc Davis - Seeking Alpha</title>
    <description>© seekingalpha.com. Use of this feed is limited to personal, non-commercial use and is governed by Seeking Alpha's Terms of Use (http://seekingalpha.com/page/terms-of-use). Publishing this feed for public or commercial use and/or misrepresentation by a third party is prohibited.</description>
    <author>
      <name>SeekingAlpha.com</name>
    </author>
    <link>http://seekingalpha.com/author/marc-davis</link>
    <item>
      <title>Mega Mine Project Makes The Grade</title>
      <link>http://seekingalpha.com/article/326232-mega-mine-project-makes-the-grade?source=feed</link>
      <guid isPermaLink="false">326232</guid>
      <content>
        <![CDATA[<p>The improbable feat of commercializing Latin America's second-largest undeveloped gold deposit has achieved a major milestone validation for its unlikely owner, a small Canadian explorer named Exeter Resource (<a href='http://seekingalpha.com/symbol/xra' title='Exeter Resource Corporation'>XRA</a>) [TSX: XRC].</p> <p>Last week, Vancouver-based Exeter completed an initial blueprint for a mine, known as a pre-feasibility study, that suggests a mine worth over $27 billion in future revenue is technically and economically viable.</p> <p>Known as the <a href="http://www.exeterresource.com/chile_caspiche.php" rel="nofollow">Caspiche deposit</a>, this monster deposit is located in northern Chile's gold-rich Maricunga mineral belt, where more than 100 million ounces of gold are already concentrated among a clutch of existing mines.</p> <p>Now the region has gained some additional luster with the announcement that Caspiche boasts 19.3 million proven and probable ounces of gold. A further 4.6 billion pounds of copper and over 41 million ounces of silver also sweetens the overall value of the deposit. This makes it one of the world's biggest</p>               ]]>
      </content>
      <pubDate>Mon, 30 Jan 2012 15:55:57 -0500</pubDate>
      <author>Marc Davis</author>
      <description>
        <![CDATA[<p>The improbable feat of commercializing Latin America's second-largest undeveloped gold deposit has achieved a major milestone validation for its unlikely owner, a small Canadian explorer named Exeter Resource (<a href='http://seekingalpha.com/symbol/xra' title='Exeter Resource Corporation'>XRA</a>) [TSX: XRC].</p> <p>Last week, Vancouver-based Exeter completed an initial blueprint for a mine, known as a pre-feasibility study, that suggests a mine worth over $27 billion in future revenue is technically and economically viable.</p> <p>Known as the <a href="http://www.exeterresource.com/chile_caspiche.php" rel="nofollow">Caspiche deposit</a>, this monster deposit is located in northern Chile's gold-rich Maricunga mineral belt, where more than 100 million ounces of gold are already concentrated among a clutch of existing mines.</p> <p>Now the region has gained some additional luster with the announcement that Caspiche boasts 19.3 million proven and probable ounces of gold. A further 4.6 billion pounds of copper and over 41 million ounces of silver also sweetens the overall value of the deposit. This makes it one of the world's biggest</p>               <br/><a href='http://seekingalpha.com/article/326232-mega-mine-project-makes-the-grade?source=feed'>Complete Story &raquo;</a>]]>
      </description>
      <category type="symbol" link="http://seekingalpha.com/symbol/xra">XRA</category>
      <category type="symbol" link="http://seekingalpha.com/symbol/gg">GG</category>
      <category type="symbol" link="http://seekingalpha.com/symbol/kgc">KGC</category>
      <category type="author" link="http://seekingalpha.com/author/marc-davis">Marc Davis</category>
    </item>
    <item>
      <title>Western Potash Takeover Rumors Escalate</title>
      <link>http://seekingalpha.com/article/306623-western-potash-takeover-rumors-escalate?source=feed</link>
      <guid isPermaLink="false">306623</guid>
      <content>
        <![CDATA[<p>With potash prices spiking higher in response to surging global foods costs, the world’s most advanced independent potash project is in the cross-hairs of an increasing number of deep-pocketed suitors.</p><p>So say a number of investment-industry mining sector analysts who have been following the rising fortunes of Western Potash Corp. (<a href='http://seekingalpha.com/symbol/wpshf.pk' title='Western Postash Corp'>WPSHF.PK</a>). Just last week, the Vancouver-based aspiring miner demonstrated why it would be quite a catch.</p><p>It announced a major benchmark development, the publication of a better-than-expected pre-feasibility study (an initial blueprint for a mine) -- that attests to the robust economics of a world-class mine in-the-making.  Commenting on this solid development, which significantly de-risks the company’s Saskatchewan-based project, <a href="http://bnwnews.ca/WPX-PDF/2011-11-01%20-%20Ferts%20-%20WPX%20-%20Scotia%20-%20PFS%20update.pdf" rel="nofollow">Scotia Capital analyst Ben Isaacson</a> says Western Potash has become especially attractive to the world’s potash-hungry emerging super-powers.</p><p>“We would not be surprised to see an SEO (state-owned-enterprise) take a run at WPX in the near term,” he says in</p>]]>
      </content>
      <pubDate>Wed, 09 Nov 2011 13:03:50 -0500</pubDate>
      <author>Marc Davis</author>
      <description>
        <![CDATA[<p>With potash prices spiking higher in response to surging global foods costs, the world’s most advanced independent potash project is in the cross-hairs of an increasing number of deep-pocketed suitors.</p><p>So say a number of investment-industry mining sector analysts who have been following the rising fortunes of Western Potash Corp. (<a href='http://seekingalpha.com/symbol/wpshf.pk' title='Western Postash Corp'>WPSHF.PK</a>). Just last week, the Vancouver-based aspiring miner demonstrated why it would be quite a catch.</p><p>It announced a major benchmark development, the publication of a better-than-expected pre-feasibility study (an initial blueprint for a mine) -- that attests to the robust economics of a world-class mine in-the-making.  Commenting on this solid development, which significantly de-risks the company’s Saskatchewan-based project, <a href="http://bnwnews.ca/WPX-PDF/2011-11-01%20-%20Ferts%20-%20WPX%20-%20Scotia%20-%20PFS%20update.pdf" rel="nofollow">Scotia Capital analyst Ben Isaacson</a> says Western Potash has become especially attractive to the world’s potash-hungry emerging super-powers.</p><p>“We would not be surprised to see an SEO (state-owned-enterprise) take a run at WPX in the near term,” he says in</p><br/><a href='http://seekingalpha.com/article/306623-western-potash-takeover-rumors-escalate?source=feed'>Complete Story &raquo;</a>]]>
      </description>
      <category type="symbol" link="http://seekingalpha.com/symbol/pot">POT</category>
      <category type="symbol" link="http://seekingalpha.com/symbol/vale">VALE</category>
      <category type="symbol" link="http://seekingalpha.com/symbol/rio">RIO</category>
      <category type="symbol" link="http://seekingalpha.com/symbol/maaff.pk">MAAFF.PK</category>
      <category type="symbol" link="http://seekingalpha.com/symbol/bhp">BHP</category>
      <category type="symbol" link="http://seekingalpha.com/symbol/wpshf.pk">WPSHF.PK</category>
      <category type="author" link="http://seekingalpha.com/author/marc-davis">Marc Davis</category>
    </item>
    <item>
      <title>Exeter's Mega Mine in the Making</title>
      <link>http://seekingalpha.com/article/269146-exeter-s-mega-mine-in-the-making?source=feed</link>
      <guid isPermaLink="false">269146</guid>
      <content>
        <![CDATA[<p>The  quest to commercialize one of Latin America’s last undeveloped major  gold deposits is one major step closer to a prospectively big pay day  for its unlikely owner – a small gold explorer named Exeter Resource (<a href='http://seekingalpha.com/symbol/xra' title='Exeter Resource Corporation'>XRA</a>). A  Canadian-headquartered company, Exeter recently completed a major  milestone development. It announced a positive metallurgical study for  the sprawling Caspiche gold-copper deposit in northern Chile’s gold-rich  Maricunga mineral belt. This is where over 100 million ounces of gold are concentrated among a clutch of mines.  The deposit weighs-in at 26 million ounces of gold, 6.7 billion pounds  of copper and 48.4 million ounces of silver. This makes it one of the  world’s biggest gold discoveries and one of only a handful of mega  deposits not yet bought by one of the industry major mining companies.</p><p>The only other mine-in-the-making in Latin America that edges Caspiche in terms of size is the nearby Cerro</p>]]>
      </content>
      <pubDate>Tue, 10 May 2011 17:04:53 -0400</pubDate>
      <author>Marc Davis</author>
      <description>
        <![CDATA[<p>The  quest to commercialize one of Latin America’s last undeveloped major  gold deposits is one major step closer to a prospectively big pay day  for its unlikely owner – a small gold explorer named Exeter Resource (<a href='http://seekingalpha.com/symbol/xra' title='Exeter Resource Corporation'>XRA</a>). A  Canadian-headquartered company, Exeter recently completed a major  milestone development. It announced a positive metallurgical study for  the sprawling Caspiche gold-copper deposit in northern Chile’s gold-rich  Maricunga mineral belt. This is where over 100 million ounces of gold are concentrated among a clutch of mines.  The deposit weighs-in at 26 million ounces of gold, 6.7 billion pounds  of copper and 48.4 million ounces of silver. This makes it one of the  world’s biggest gold discoveries and one of only a handful of mega  deposits not yet bought by one of the industry major mining companies.</p><p>The only other mine-in-the-making in Latin America that edges Caspiche in terms of size is the nearby Cerro</p><br/><a href='http://seekingalpha.com/article/269146-exeter-s-mega-mine-in-the-making?source=feed'>Complete Story &raquo;</a>]]>
      </description>
      <category type="symbol" link="http://seekingalpha.com/symbol/xra">XRA</category>
      <category type="symbol" link="http://seekingalpha.com/symbol/abx">ABX</category>
      <category type="symbol" link="http://seekingalpha.com/symbol/kgc">KGC</category>
      <category type="symbol" link="http://seekingalpha.com/symbol/trq">TRQ</category>
      <category type="symbol" link="http://seekingalpha.com/symbol/ng">NG</category>
      <category type="author" link="http://seekingalpha.com/author/marc-davis">Marc Davis</category>
    </item>
    <item>
      <title>Extorre Gold Mines Plans to Move Ahead in Face of Takeover Threat</title>
      <link>http://seekingalpha.com/article/262054-extorre-gold-mines-plans-to-move-ahead-in-face-of-takeover-threat?source=feed</link>
      <guid isPermaLink="false">262054</guid>
      <content>
        <![CDATA[<div>
  <i>
    <span>By Marc Davis of <a href="http://BNWnews.ca" rel="nofollow">BNWnews.ca</a></span>
  </i>
</div><div>
  <span>The $3.6 billion buyout of Andean Resources (<a href='http://seekingalpha.com/symbol/andpf.pk' title='ANDEAN RESOURCES LTD'>ANDPF.PK</a>) by Goldcorp Inc. (<a href='http://seekingalpha.com/symbol/gg' title='Goldcorp Inc.'>GG</a>) last year left many in the investment community wondering where the next success story in Argentina would emerge from. One much talked about candidate is </span>
  <span>Extorre Gold Mines (<a href='http://seekingalpha.com/symbol/exgmf.pk' title='Extorre'>EXGMF.PK</a>).</span>
  <span> But there is one major obstacle: The company isn’t interested in being bought out.</span>
</div><div>“At this time we would vociferously say that with six drilling rigs in operation to define new gold-silver reserves any offer would be considered untimely and opportunistic,” says Extorre co-chairman Yale Simpson.</div><div>At stake is Extorre’s flagship asset, the 100 per cent-controlled, bonanza-grade Cerro Moro gold and silver project in the southern province of Santa Cruz. The company is now taking precautions to protect itself from any potential buy-out.</div>        <div>
  <span>“</span>
  <span>We have appointed an independent M&amp;amp;A (mergers and acquisitions) advisor to assist the Board in these matters as we</span>
</div>]]>
      </content>
      <pubDate>Wed, 06 Apr 2011 08:16:16 -0400</pubDate>
      <author>Marc Davis</author>
      <description>
        <![CDATA[<div>
  <i>
    <span>By Marc Davis of <a href="http://BNWnews.ca" rel="nofollow">BNWnews.ca</a></span>
  </i>
</div><div>
  <span>The $3.6 billion buyout of Andean Resources (<a href='http://seekingalpha.com/symbol/andpf.pk' title='ANDEAN RESOURCES LTD'>ANDPF.PK</a>) by Goldcorp Inc. (<a href='http://seekingalpha.com/symbol/gg' title='Goldcorp Inc.'>GG</a>) last year left many in the investment community wondering where the next success story in Argentina would emerge from. One much talked about candidate is </span>
  <span>Extorre Gold Mines (<a href='http://seekingalpha.com/symbol/exgmf.pk' title='Extorre'>EXGMF.PK</a>).</span>
  <span> But there is one major obstacle: The company isn’t interested in being bought out.</span>
</div><div>“At this time we would vociferously say that with six drilling rigs in operation to define new gold-silver reserves any offer would be considered untimely and opportunistic,” says Extorre co-chairman Yale Simpson.</div><div>At stake is Extorre’s flagship asset, the 100 per cent-controlled, bonanza-grade Cerro Moro gold and silver project in the southern province of Santa Cruz. The company is now taking precautions to protect itself from any potential buy-out.</div>        <div>
  <span>“</span>
  <span>We have appointed an independent M&amp;amp;A (mergers and acquisitions) advisor to assist the Board in these matters as we</span>
</div><br/><a href='http://seekingalpha.com/article/262054-extorre-gold-mines-plans-to-move-ahead-in-face-of-takeover-threat?source=feed'>Complete Story &raquo;</a>]]>
      </description>
      <category type="symbol" link="http://seekingalpha.com/symbol/exgmf.pk">EXGMF.PK</category>
      <category type="author" link="http://seekingalpha.com/author/marc-davis">Marc Davis</category>
    </item>
    <item>
      <title>Investment Guru Eric Sprott Says Silver Will Soar in 2011</title>
      <link>http://seekingalpha.com/article/251387-investment-guru-eric-sprott-says-silver-will-soar-in-2011?source=feed</link>
      <guid isPermaLink="false">251387</guid>
      <content>
        <![CDATA[<p>
  <span>
    <i>
      <span>By Marc Davis</span>
    </i>
  </span>
</p><p>
  <span>Silver promises to become the next big buzzword among investors in 2011 and beyond, according to one of the investment industry’s most prescient and successful experts on precious metals.</span>
</p>  <p>
  <span>Eric Sprott is the founder of the Toronto-based investment firm, Sprott Asset Management LP. His renowned hedge fund, Sprott Hedge Fund LP, is heavily weighted in precious metals and has generated an estimated 23% annualized return over the past decade. Other similarly oriented funds under his stewardship have also been stellar performers in recent years.</span>
</p>  <p>
  <span>He’s now so bullish on silver that he </span>
  <span>launched the </span>
  <span>$575 million </span>
  <span>Sprott Physical Silver Trust in November of last year as he believes that: </span>
  <span>“Silver will be the investment of the decade.”  </span>
</p><p>
  <span>“I think that silver could easily get to $50 this year,” Sprott tells BNWnews.ca. </span>
</p>    <p>
  <span>This all bodes especially well for publicly traded companies that are already mining silver, he says.</span>
</p>                                ]]>
      </content>
      <pubDate>Tue, 08 Feb 2011 03:36:36 -0500</pubDate>
      <author>Marc Davis</author>
      <description>
        <![CDATA[<p>
  <span>
    <i>
      <span>By Marc Davis</span>
    </i>
  </span>
</p><p>
  <span>Silver promises to become the next big buzzword among investors in 2011 and beyond, according to one of the investment industry’s most prescient and successful experts on precious metals.</span>
</p>  <p>
  <span>Eric Sprott is the founder of the Toronto-based investment firm, Sprott Asset Management LP. His renowned hedge fund, Sprott Hedge Fund LP, is heavily weighted in precious metals and has generated an estimated 23% annualized return over the past decade. Other similarly oriented funds under his stewardship have also been stellar performers in recent years.</span>
</p>  <p>
  <span>He’s now so bullish on silver that he </span>
  <span>launched the </span>
  <span>$575 million </span>
  <span>Sprott Physical Silver Trust in November of last year as he believes that: </span>
  <span>“Silver will be the investment of the decade.”  </span>
</p><p>
  <span>“I think that silver could easily get to $50 this year,” Sprott tells BNWnews.ca. </span>
</p>    <p>
  <span>This all bodes especially well for publicly traded companies that are already mining silver, he says.</span>
</p>                                <br/><a href='http://seekingalpha.com/article/251387-investment-guru-eric-sprott-says-silver-will-soar-in-2011?source=feed'>Complete Story &raquo;</a>]]>
      </description>
      <category type="symbol" link="http://seekingalpha.com/symbol/xg">XG</category>
      <category type="author" link="http://seekingalpha.com/author/marc-davis">Marc Davis</category>
    </item>
    <item>
      <title>Vanadium to Revolutionize Green Energy</title>
      <link>http://seekingalpha.com/article/245896-vanadium-to-revolutionize-green-energy?source=feed</link>
      <guid isPermaLink="false">245896</guid>
      <content>
        <![CDATA[<span>The ‘Holy Grail’ of renewable energy – grid scale power storage – appears to be finally within reach. So is the ability to make electric cars far more practical or user-friendly.<span>  </span></span>  <p>
  <span>This is why the world’s most influential leaders, ranging from U.S. President Obama to the Premier of China<span> and even </span>famed multi-billionaire Warren Buffett, are all heralding an exotic industrial metal called vanadium. </span>
</p>  <p>
  <span>Governments the world over are directing billions of dollars of grants into vanadium’s fast-emerging role in the electrification of society’s energy supplies. And major corporations are likewise investing in this ‘next big thing’ in the hopes of addressing global warming and society’s dependence on dwindling fossil fuel reserves.<span>    </span></span>
</p>  <p>
  <span>By way of explanation, a new generation of advanced green batteries is set to do everything from beefing up electric cars to providing uninterrupted solar and wind power to whole cities. That’s because of a crucial new</span>
</p>                                          ]]>
      </content>
      <pubDate>Tue, 11 Jan 2011 05:48:45 -0500</pubDate>
      <author>Marc Davis</author>
      <description>
        <![CDATA[<span>The ‘Holy Grail’ of renewable energy – grid scale power storage – appears to be finally within reach. So is the ability to make electric cars far more practical or user-friendly.<span>  </span></span>  <p>
  <span>This is why the world’s most influential leaders, ranging from U.S. President Obama to the Premier of China<span> and even </span>famed multi-billionaire Warren Buffett, are all heralding an exotic industrial metal called vanadium. </span>
</p>  <p>
  <span>Governments the world over are directing billions of dollars of grants into vanadium’s fast-emerging role in the electrification of society’s energy supplies. And major corporations are likewise investing in this ‘next big thing’ in the hopes of addressing global warming and society’s dependence on dwindling fossil fuel reserves.<span>    </span></span>
</p>  <p>
  <span>By way of explanation, a new generation of advanced green batteries is set to do everything from beefing up electric cars to providing uninterrupted solar and wind power to whole cities. That’s because of a crucial new</span>
</p>                                          <br/><a href='http://seekingalpha.com/article/245896-vanadium-to-revolutionize-green-energy?source=feed'>Complete Story &raquo;</a>]]>
      </description>
      <category type="symbol" link="http://seekingalpha.com/symbol/byddy.pk">BYDDY.PK</category>
      <category type="author" link="http://seekingalpha.com/author/marc-davis">Marc Davis</category>
    </item>
    <item>
      <title>Striking Alaskan Gold: A New Super-Deposit in the Making?</title>
      <link>http://seekingalpha.com/article/241662-striking-alaskan-gold-a-new-super-deposit-in-the-making?source=feed</link>
      <guid isPermaLink="false">241662</guid>
      <content>
        <![CDATA[<p>
  <i>
    <span/>
  </i>
  <span>Though gold discoveries in Latin America and other far-flung locations have been lighting up the stock markets lately, Alaska is now earning back some of the limelight.</span>
</p>  <p>
  <span>This is where over 115 million ounces of gold have been outlined in America’s last mineral frontier by three high-flying gold developers: Novagold Resources (<a href='http://seekingalpha.com/symbol/ng' title='NovaGold Resources, Inc'>NG</a>), Northern Dynasty Minerals (<a href='http://seekingalpha.com/symbol/nak' title='Northern Dynasty Minerals Ltd'>NAK</a>) and International Tower Hill Mines (<a href='http://seekingalpha.com/symbol/thm' title='International Tower Hill Mines Ltd'>THM</a>).<span><span><br/></span></span></span>
</p> <p>
  <span>The latest development to illustrate how their world class discoveries rival the best on offer anywhere else in the world involves a new high-grade discovery zone at the emerging 10.9 million ounce Livengood gold deposit in politically stable, pro-mining central Alaska. Wholly owned by International Tower Hill Mines, the deposit is located 70 miles north of Fairbanks, Alaska.</span>
</p> <p>
  <span>Last week, the company announced its best drill results to date. This new development could lead to a significant expansion of what by global standards is already an unusually large</span>
</p>                      ]]>
      </content>
      <pubDate>Mon, 13 Dec 2010 18:23:24 -0500</pubDate>
      <author>Marc Davis</author>
      <description>
        <![CDATA[<p>
  <i>
    <span/>
  </i>
  <span>Though gold discoveries in Latin America and other far-flung locations have been lighting up the stock markets lately, Alaska is now earning back some of the limelight.</span>
</p>  <p>
  <span>This is where over 115 million ounces of gold have been outlined in America’s last mineral frontier by three high-flying gold developers: Novagold Resources (<a href='http://seekingalpha.com/symbol/ng' title='NovaGold Resources, Inc'>NG</a>), Northern Dynasty Minerals (<a href='http://seekingalpha.com/symbol/nak' title='Northern Dynasty Minerals Ltd'>NAK</a>) and International Tower Hill Mines (<a href='http://seekingalpha.com/symbol/thm' title='International Tower Hill Mines Ltd'>THM</a>).<span><span><br/></span></span></span>
</p> <p>
  <span>The latest development to illustrate how their world class discoveries rival the best on offer anywhere else in the world involves a new high-grade discovery zone at the emerging 10.9 million ounce Livengood gold deposit in politically stable, pro-mining central Alaska. Wholly owned by International Tower Hill Mines, the deposit is located 70 miles north of Fairbanks, Alaska.</span>
</p> <p>
  <span>Last week, the company announced its best drill results to date. This new development could lead to a significant expansion of what by global standards is already an unusually large</span>
</p>                      <br/><a href='http://seekingalpha.com/article/241662-striking-alaskan-gold-a-new-super-deposit-in-the-making?source=feed'>Complete Story &raquo;</a>]]>
      </description>
      <category type="symbol" link="http://seekingalpha.com/symbol/nak">NAK</category>
      <category type="symbol" link="http://seekingalpha.com/symbol/ng">NG</category>
      <category type="symbol" link="http://seekingalpha.com/symbol/thm">THM</category>
      <category type="symbol" link="http://seekingalpha.com/symbol/kgc">KGC</category>
      <category type="symbol" link="http://seekingalpha.com/symbol/abx">ABX</category>
      <category type="symbol" link="http://seekingalpha.com/symbol/aauky.pk">AAUKY.PK</category>
      <category type="author" link="http://seekingalpha.com/author/marc-davis">Marc Davis</category>
    </item>
    <item>
      <title>Argentina: More Gold M&amp;A on the Way</title>
      <link>http://seekingalpha.com/article/232194-argentina-more-gold-m-a-on-the-way?source=feed</link>
      <guid isPermaLink="false">232194</guid>
      <content>
        <![CDATA[<p>
  <span>As the excitement surrounding the $3.6 billion buyout of tiny Andean Resources by Goldcorp Inc.<span> (<a href='http://seekingalpha.com/symbol/gg' title='Goldcorp Inc.'>GG</a>) </span>subsides, investors are wondering who’s up for grabs next among Argentina’s other emerging success stories. </span>
</p><p>
  <span>The task has been simplified by the fact that only two gold juniors have, to date, made sufficiently impressive gold discoveries to attract takeover speculation. One is Mansfield Minerals (<a href='http://seekingalpha.com/symbol/mfmnf.pk' title='Mansfield Minerals I'>MFMNF.PK</a>), which has been quietly developing its Lindero gold discovery since as far back as 1999. </span>
</p><p>
  <span>The other is Extorre Gold Mines (<a href='http://seekingalpha.com/symbol/exgmf.pk' title='Extorre'>EXGMF.PK</a>), which burst onto the mining scene just over six months ago after it was spun-off from high-flying </span>
  <span>Exeter Resource Corp. (<a href='http://seekingalpha.com/symbol/xra' title='Exeter Resource Corporation'>XRA</a>). </span>
  <span>Extorre inherited the high-grade Cerro Moro deposit from its parent company. However, only a hostile takeover could wrestle Cerro Moro from Extorre any time soon, according to the company’s management. </span>
</p><p>
  <span>Having just completed a $40 million equity financing, Extorre says it’s committed to building considerably</span>
</p>]]>
      </content>
      <pubDate>Tue, 26 Oct 2010 05:00:08 -0400</pubDate>
      <author>Marc Davis</author>
      <description>
        <![CDATA[<p>
  <span>As the excitement surrounding the $3.6 billion buyout of tiny Andean Resources by Goldcorp Inc.<span> (<a href='http://seekingalpha.com/symbol/gg' title='Goldcorp Inc.'>GG</a>) </span>subsides, investors are wondering who’s up for grabs next among Argentina’s other emerging success stories. </span>
</p><p>
  <span>The task has been simplified by the fact that only two gold juniors have, to date, made sufficiently impressive gold discoveries to attract takeover speculation. One is Mansfield Minerals (<a href='http://seekingalpha.com/symbol/mfmnf.pk' title='Mansfield Minerals I'>MFMNF.PK</a>), which has been quietly developing its Lindero gold discovery since as far back as 1999. </span>
</p><p>
  <span>The other is Extorre Gold Mines (<a href='http://seekingalpha.com/symbol/exgmf.pk' title='Extorre'>EXGMF.PK</a>), which burst onto the mining scene just over six months ago after it was spun-off from high-flying </span>
  <span>Exeter Resource Corp. (<a href='http://seekingalpha.com/symbol/xra' title='Exeter Resource Corporation'>XRA</a>). </span>
  <span>Extorre inherited the high-grade Cerro Moro deposit from its parent company. However, only a hostile takeover could wrestle Cerro Moro from Extorre any time soon, according to the company’s management. </span>
</p><p>
  <span>Having just completed a $40 million equity financing, Extorre says it’s committed to building considerably</span>
</p><br/><a href='http://seekingalpha.com/article/232194-argentina-more-gold-m-a-on-the-way?source=feed'>Complete Story &raquo;</a>]]>
      </description>
      <category type="symbol" link="http://seekingalpha.com/symbol/mfmnf.pk">MFMNF.PK</category>
      <category type="symbol" link="http://seekingalpha.com/symbol/xg">XG</category>
      <category type="symbol" link="http://seekingalpha.com/symbol/tryrf.pk">TRYRF.PK</category>
      <category type="symbol" link="http://seekingalpha.com/symbol/auy">AUY</category>
      <category type="symbol" link="http://seekingalpha.com/symbol/ego">EGO</category>
      <category type="author" link="http://seekingalpha.com/author/marc-davis">Marc Davis</category>
    </item>
    <item>
      <title>Canada’s Aspiring Potash Miners Not for Sale?</title>
      <link>http://seekingalpha.com/article/230688-canadas-aspiring-potash-miners-not-for-sale?source=feed</link>
      <guid isPermaLink="false">230688</guid>
      <content>
        <![CDATA[<div>
  <b>
    <i>By Marc Davis, <a href="http://BNWnews.ca" rel="nofollow">BNWnews.ca</a></i>
  </b>
</div><div> </div><div>In spite of a flurry of headlines in recent weeks heralding a game-changing consolidation of the world’s lucrative potash mining industry, Canada’s two small aspiring potash miners are standing firm.</div><div>Both Western Potash (TSX.V: WPX) and Potash One (TSX: KCL) say they are committed to building mines that will be in business for decades. In other words, they’re not for sale. (Well, at least not at current market valuations).</div><div> </div><div>Athabasca Potash Inc. was the only other Canadian mining junior that also benefitted from a sizeable potash deposit in potash-rich Saskatchewan. It was bought out earlier this year by BHP Billiton Ltd. (NYSE: <a href='http://seekingalpha.com/symbol/bhp' title='BHP Billiton Limited'>BHP</a>), the world’s largest mining company. In a deal worth $341 million, Athabasca Potash shareholders were able to cash out at $8.35 a share.</div><div> </div><div>Another takeover is also in the works. And this time BHP Billiton has set its sights much higher. Currently, the</div>]]>
      </content>
      <pubDate>Mon, 18 Oct 2010 19:32:07 -0400</pubDate>
      <author>Marc Davis</author>
      <description>
        <![CDATA[<div>
  <b>
    <i>By Marc Davis, <a href="http://BNWnews.ca" rel="nofollow">BNWnews.ca</a></i>
  </b>
</div><div> </div><div>In spite of a flurry of headlines in recent weeks heralding a game-changing consolidation of the world’s lucrative potash mining industry, Canada’s two small aspiring potash miners are standing firm.</div><div>Both Western Potash (TSX.V: WPX) and Potash One (TSX: KCL) say they are committed to building mines that will be in business for decades. In other words, they’re not for sale. (Well, at least not at current market valuations).</div><div> </div><div>Athabasca Potash Inc. was the only other Canadian mining junior that also benefitted from a sizeable potash deposit in potash-rich Saskatchewan. It was bought out earlier this year by BHP Billiton Ltd. (NYSE: <a href='http://seekingalpha.com/symbol/bhp' title='BHP Billiton Limited'>BHP</a>), the world’s largest mining company. In a deal worth $341 million, Athabasca Potash shareholders were able to cash out at $8.35 a share.</div><div> </div><div>Another takeover is also in the works. And this time BHP Billiton has set its sights much higher. Currently, the</div><br/><a href='http://seekingalpha.com/article/230688-canadas-aspiring-potash-miners-not-for-sale?source=feed'>Complete Story &raquo;</a>]]>
      </description>
      <category type="symbol" link="http://seekingalpha.com/symbol/bhp">BHP</category>
      <category type="symbol" link="http://seekingalpha.com/symbol/pot">POT</category>
      <category type="symbol" link="http://seekingalpha.com/symbol/vale">VALE</category>
      <category type="author" link="http://seekingalpha.com/author/marc-davis">Marc Davis</category>
    </item>
    <item>
      <title>Latin America Heats Up Gold M&amp;A Action</title>
      <link>http://seekingalpha.com/article/228672-latin-america-heats-up-gold-m-a-action?source=feed</link>
      <guid isPermaLink="false">228672</guid>
      <content>
        <![CDATA[<p>In the wake of the pending $3.6 billion dollar buy-out of the gold junior Andean Resources (<a href='http://seekingalpha.com/symbol/andpf.pk' title='ANDEAN RESOURCES LTD'>ANDPF.PK</a>), expansion-minded major mining companies are poised to gobble up more asset-rich gold explorers. So says the dominant U.S. investment banker, Bank of America Merrill Lynch (BofAML), in a September research report entitled “Global Gold M&amp;A Heats Up.”</p><p>The report’s Toronto-based lead mining analyst, Michael Jalonen, (who was hailed by Forbes Magazine in 2008 as one of the best in the business) says:</p> <blockquote class="quote">
  <p>For the balance of 2010, we expect the reserve-hungry senior and mid-tier producers to continue focusing their attention on resource-rich junior producers and developers.</p>
</blockquote> <p>With gold prices vaulting to new highs, major gold miners are now armed with strong balance sheets, Jalonen notes. And the race is on to ramp-up their production figures to continue to cash in on a secular bull market in gold prices. But that’s not proving easy.</p>                        ]]>
      </content>
      <pubDate>Wed, 06 Oct 2010 06:32:59 -0400</pubDate>
      <author>Marc Davis</author>
      <description>
        <![CDATA[<p>In the wake of the pending $3.6 billion dollar buy-out of the gold junior Andean Resources (<a href='http://seekingalpha.com/symbol/andpf.pk' title='ANDEAN RESOURCES LTD'>ANDPF.PK</a>), expansion-minded major mining companies are poised to gobble up more asset-rich gold explorers. So says the dominant U.S. investment banker, Bank of America Merrill Lynch (BofAML), in a September research report entitled “Global Gold M&amp;A Heats Up.”</p><p>The report’s Toronto-based lead mining analyst, Michael Jalonen, (who was hailed by Forbes Magazine in 2008 as one of the best in the business) says:</p> <blockquote class="quote">
  <p>For the balance of 2010, we expect the reserve-hungry senior and mid-tier producers to continue focusing their attention on resource-rich junior producers and developers.</p>
</blockquote> <p>With gold prices vaulting to new highs, major gold miners are now armed with strong balance sheets, Jalonen notes. And the race is on to ramp-up their production figures to continue to cash in on a secular bull market in gold prices. But that’s not proving easy.</p>                        <br/><a href='http://seekingalpha.com/article/228672-latin-america-heats-up-gold-m-a-action?source=feed'>Complete Story &raquo;</a>]]>
      </description>
      <category type="symbol" link="http://seekingalpha.com/symbol/xra">XRA</category>
      <category type="symbol" link="http://seekingalpha.com/symbol/andpf.pk">ANDPF.PK</category>
      <category type="symbol" link="http://seekingalpha.com/symbol/gg">GG</category>
      <category type="symbol" link="http://seekingalpha.com/symbol/kgc">KGC</category>
      <category type="symbol" link="http://seekingalpha.com/symbol/abx">ABX</category>
      <category type="symbol" link="http://seekingalpha.com/symbol/ngd">NGD</category>
      <category type="symbol" link="http://seekingalpha.com/symbol/oskff.pk">OSKFF.PK</category>
      <category type="symbol" link="http://seekingalpha.com/symbol/drgdf.pk">DRGDF.PK</category>
      <category type="symbol" link="http://seekingalpha.com/symbol/rby">RBY</category>
      <category type="symbol" link="http://seekingalpha.com/symbol/thm">THM</category>
      <category type="symbol" link="http://seekingalpha.com/symbol/sgrcf.pk">SGRCF.PK</category>
      <category type="symbol" link="http://seekingalpha.com/symbol/frg">FRG</category>
      <category type="symbol" link="http://seekingalpha.com/symbol/gdx">GDX</category>
      <category type="symbol" link="http://seekingalpha.com/symbol/gdxj">GDXJ</category>
      <category type="author" link="http://seekingalpha.com/author/marc-davis">Marc Davis</category>
    </item>
    <item>
      <title>Potash Power Plays: Who’s Next?</title>
      <link>http://seekingalpha.com/article/221869-potash-power-plays-whos-next?source=feed</link>
      <guid isPermaLink="false">221869</guid>
      <content>
        <![CDATA[<div><span>A rebounding fertilizer industry and an eye-popping $39 billion dollar bid for Potash Corp. (<a href='http://seekingalpha.com/symbol/pot' title='Potash Corporation of Saskatchewan Inc.'>POT</a>) by the world’s largest mining company, BHP Billiton (<a href='http://seekingalpha.com/symbol/bhp' title='BHP Billiton Limited'>BHP</a>)</span>,<span> are telling signals </span>–<span> ones that suggest that Canada’s tiny handful of potash producers and aspiring miners are ripe plums for the picking. </span></div><div>
  <span>So say a number of investment industry analysts and money managers, who believe that more multinational metals miners may yet muscle-in on Canada’s highly lucrative potash mining business. </span>
</div><div>
  <span>One senior Toronto-based financier for a major investment bank whose expertise is in the fertilizers and agricultural sectors told BNWnews.ca: “Our expectation is that this development will lead to a tightening up of the supply side for potash and will likely lead to other deals in the sector.” </span>
</div><div><span>“We could even see some earlier-stage companies become more attractive takeover candidates. These are development stage non-producers that could actually become producers in the</span></div>]]>
      </content>
      <pubDate>Mon, 23 Aug 2010 14:55:42 -0400</pubDate>
      <author>Marc Davis</author>
      <description>
        <![CDATA[<div><span>A rebounding fertilizer industry and an eye-popping $39 billion dollar bid for Potash Corp. (<a href='http://seekingalpha.com/symbol/pot' title='Potash Corporation of Saskatchewan Inc.'>POT</a>) by the world’s largest mining company, BHP Billiton (<a href='http://seekingalpha.com/symbol/bhp' title='BHP Billiton Limited'>BHP</a>)</span>,<span> are telling signals </span>–<span> ones that suggest that Canada’s tiny handful of potash producers and aspiring miners are ripe plums for the picking. </span></div><div>
  <span>So say a number of investment industry analysts and money managers, who believe that more multinational metals miners may yet muscle-in on Canada’s highly lucrative potash mining business. </span>
</div><div>
  <span>One senior Toronto-based financier for a major investment bank whose expertise is in the fertilizers and agricultural sectors told BNWnews.ca: “Our expectation is that this development will lead to a tightening up of the supply side for potash and will likely lead to other deals in the sector.” </span>
</div><div><span>“We could even see some earlier-stage companies become more attractive takeover candidates. These are development stage non-producers that could actually become producers in the</span></div><br/><a href='http://seekingalpha.com/article/221869-potash-power-plays-whos-next?source=feed'>Complete Story &raquo;</a>]]>
      </description>
      <category type="symbol" link="http://seekingalpha.com/symbol/pot">POT</category>
      <category type="symbol" link="http://seekingalpha.com/symbol/bhp">BHP</category>
      <category type="symbol" link="http://seekingalpha.com/symbol/agu">AGU</category>
      <category type="symbol" link="http://seekingalpha.com/symbol/mos">MOS</category>
      <category type="symbol" link="http://seekingalpha.com/symbol/vale">VALE</category>
      <category type="author" link="http://seekingalpha.com/author/marc-davis">Marc Davis</category>
    </item>
    <item>
      <title>Why Obama Backs U.S. Lithium Developers</title>
      <link>http://seekingalpha.com/article/218723-why-obama-backs-u-s-lithium-developers?source=feed</link>
      <guid isPermaLink="false">218723</guid>
      <content>
        <![CDATA[<p>
  <span>The environmental disaster in the Gulf of Mexico has served as an unnerving wake-up call for the industrialized world to confront its addiction to fossilized fuels. And it’s now providing President Obama and other G20 leaders with all the political impetus they need to usher-in a new era of eco-vehicles. Ones that are far more reliant on cheap battery-fueled electrical power than on high-priced petroleum. </span>
</p> <p>
  <span>That is why the White House is championing the mass adoption of lithium-ion batteries as the most efficient way to electrify motorized vehicles. In 2009, alone, the U.S. federal government granted over $25 billion in loans to automobile and battery makers. Such initiatives promise to help President Obama accomplish his well-publicized mandate to usher-in one million electric vehicles in the U.S. by 2015.  </span>
</p> <p>
  <span>Similarly, the leaders of other major industrialized nations are also rallying around such political and economic imperatives with their own multi-billion dollar</span>
</p>                         ]]>
      </content>
      <pubDate>Wed, 04 Aug 2010 23:30:00 -0400</pubDate>
      <author>Marc Davis</author>
      <description>
        <![CDATA[<p>
  <span>The environmental disaster in the Gulf of Mexico has served as an unnerving wake-up call for the industrialized world to confront its addiction to fossilized fuels. And it’s now providing President Obama and other G20 leaders with all the political impetus they need to usher-in a new era of eco-vehicles. Ones that are far more reliant on cheap battery-fueled electrical power than on high-priced petroleum. </span>
</p> <p>
  <span>That is why the White House is championing the mass adoption of lithium-ion batteries as the most efficient way to electrify motorized vehicles. In 2009, alone, the U.S. federal government granted over $25 billion in loans to automobile and battery makers. Such initiatives promise to help President Obama accomplish his well-publicized mandate to usher-in one million electric vehicles in the U.S. by 2015.  </span>
</p> <p>
  <span>Similarly, the leaders of other major industrialized nations are also rallying around such political and economic imperatives with their own multi-billion dollar</span>
</p>                         <br/><a href='http://seekingalpha.com/article/218723-why-obama-backs-u-s-lithium-developers?source=feed'>Complete Story &raquo;</a>]]>
      </description>
      <category type="symbol" link="http://seekingalpha.com/symbol/lit">LIT</category>
      <category type="symbol" link="http://seekingalpha.com/symbol/hev">HEV</category>
      <category type="symbol" link="http://seekingalpha.com/symbol/alti">ALTI</category>
      <category type="symbol" link="http://seekingalpha.com/symbol/f">F</category>
      <category type="author" link="http://seekingalpha.com/author/marc-davis">Marc Davis</category>
    </item>
    <item>
      <title>Latin America: Six Gold Juniors Amass 100-Million-Plus Ounces</title>
      <link>http://seekingalpha.com/article/206970-latin-america-six-gold-juniors-amass-100-million-plus-ounces?source=feed</link>
      <guid isPermaLink="false">206970</guid>
      <content>
        <![CDATA[<div>
  <i>
    <br/>
  </i>
</div> <div>Latin America represents the world’s last great mineral frontier for prolific gold discoveries due to its vast land mass and its geologically fertile terrain. This is proving to be a godsend for some lucky investors, while others have seen their luck turn to shattered dreams.</div> <div>Such drama all began with the Spanish Conquistadores, who failed in their efforts to locate the fabled Eldorado (“the golden one”) – a mythical lost city brimming with golden riches. However, a peaceful modern-day invasion of intrepid gold seekers is breathing new life into the world’s greatest ever treasure hunt – and they’re proving that there’s some truth to Eldorado’s lustrous legend.</div> <div>Armed with large amounts of cash, sophisticated technology and shrewd geological acumen, a handful of small to large sized mining companies are finally revealing the secret to finding South America’s most prolific gold riches. All of which are clustered either in the northern</div>               ]]>
      </content>
      <pubDate>Wed, 26 May 2010 15:07:57 -0400</pubDate>
      <author>Marc Davis</author>
      <description>
        <![CDATA[<div>
  <i>
    <br/>
  </i>
</div> <div>Latin America represents the world’s last great mineral frontier for prolific gold discoveries due to its vast land mass and its geologically fertile terrain. This is proving to be a godsend for some lucky investors, while others have seen their luck turn to shattered dreams.</div> <div>Such drama all began with the Spanish Conquistadores, who failed in their efforts to locate the fabled Eldorado (“the golden one”) – a mythical lost city brimming with golden riches. However, a peaceful modern-day invasion of intrepid gold seekers is breathing new life into the world’s greatest ever treasure hunt – and they’re proving that there’s some truth to Eldorado’s lustrous legend.</div> <div>Armed with large amounts of cash, sophisticated technology and shrewd geological acumen, a handful of small to large sized mining companies are finally revealing the secret to finding South America’s most prolific gold riches. All of which are clustered either in the northern</div>               <br/><a href='http://seekingalpha.com/article/206970-latin-america-six-gold-juniors-amass-100-million-plus-ounces?source=feed'>Complete Story &raquo;</a>]]>
      </description>
      <category type="symbol" link="http://seekingalpha.com/symbol/gsl">GSL</category>
      <category type="symbol" link="http://seekingalpha.com/symbol/grz">GRZ</category>
      <category type="symbol" link="http://seekingalpha.com/symbol/kgc">KGC</category>
      <category type="symbol" link="http://seekingalpha.com/symbol/xra">XRA</category>
      <category type="symbol" link="http://seekingalpha.com/symbol/gg">GG</category>
      <category type="symbol" link="http://seekingalpha.com/symbol/abx">ABX</category>
      <category type="symbol" link="http://seekingalpha.com/symbol/adm">ADM</category>
      <category type="symbol" link="http://seekingalpha.com/symbol/kry">KRY</category>
      <category type="author" link="http://seekingalpha.com/author/marc-davis">Marc Davis</category>
    </item>
    <item>
      <title>Peak Gold and Inflation: A Perfect Storm</title>
      <link>http://seekingalpha.com/article/198431-peak-gold-and-inflation-a-perfect-storm?source=feed</link>
      <guid isPermaLink="false">198431</guid>
      <content>
        <![CDATA[<p>The inexorable onset of accelerating inflation, matched with a global decline in gold production, will underpin high-flying gold prices for years to come.</p><p>So says John Embry, a world-renowned long-time gold advocate and the chief investment strategist at Toronto-based Sprott Asset Management, which runs the Sprott Gold and Precious Metals Fund.</p><p>“As inflation rears its ugly head and future demand for gold promises to overwhelm mine supply, gold’s price will launch a parabolic rise from current levels in the near future,” he says. “Gold has much, much further to go.”</p><p>The monetization of various forms of government debt by the printing of large sums of money, disarmingly referred to as ‘quantitative easily,’ is proving to be the catalyst for accelerated inflation, he says.</p><p>Thus, if inflation gathers momentum, long-term interest rates will rise, which in turn should speed up the weakening of the anemic US dollar, Embry reasons. Furthermore, gold</p>]]>
      </content>
      <pubDate>Tue, 13 Apr 2010 06:23:19 -0400</pubDate>
      <author>Marc Davis</author>
      <description>
        <![CDATA[<p>The inexorable onset of accelerating inflation, matched with a global decline in gold production, will underpin high-flying gold prices for years to come.</p><p>So says John Embry, a world-renowned long-time gold advocate and the chief investment strategist at Toronto-based Sprott Asset Management, which runs the Sprott Gold and Precious Metals Fund.</p><p>“As inflation rears its ugly head and future demand for gold promises to overwhelm mine supply, gold’s price will launch a parabolic rise from current levels in the near future,” he says. “Gold has much, much further to go.”</p><p>The monetization of various forms of government debt by the printing of large sums of money, disarmingly referred to as ‘quantitative easily,’ is proving to be the catalyst for accelerated inflation, he says.</p><p>Thus, if inflation gathers momentum, long-term interest rates will rise, which in turn should speed up the weakening of the anemic US dollar, Embry reasons. Furthermore, gold</p><br/><a href='http://seekingalpha.com/article/198431-peak-gold-and-inflation-a-perfect-storm?source=feed'>Complete Story &raquo;</a>]]>
      </description>
      <category type="symbol" link="http://seekingalpha.com/symbol/gdx">GDX</category>
      <category type="symbol" link="http://seekingalpha.com/symbol/gld">GLD</category>
      <category type="symbol" link="http://seekingalpha.com/symbol/iau">IAU</category>
      <category type="symbol" link="http://seekingalpha.com/symbol/dgl">DGL</category>
      <category type="author" link="http://seekingalpha.com/author/marc-davis">Marc Davis</category>
    </item>
    <item>
      <title>Argentina’s Gold Mining Boom: A Lustrous Trend</title>
      <link>http://seekingalpha.com/article/194854-argentinas-gold-mining-boom-a-lustrous-trend?source=feed</link>
      <guid isPermaLink="false">194854</guid>
      <content>
        <![CDATA[<div>Since the overhaul of Argentina’s protectionist mining laws in 1993, gold production has seen a parabolic rise from a paltry 36,000 ounces to 1.40 million ounces in 2008. (Data for 2009 has not yet been made public). This makes Argentina the third most prolific producer in Latin America. Only Peru and Brazil posted better numbers at 5.78 million ounces and 1.55 million ounces of gold, respectively.</div><div> </div><div>However, of these three gold-rich nations, only Argentina has seen a dramatic rise in its output in recent years. In sharp contrast, Brazil’s gold production peaked at 3.30 million ounces just over 20 years ago and it has since dwindled to about half that figure. Even Peru’s prolific numbers have begun to dip a little lower over the last several years.</div><div> </div><div>These statistics point to the fact that unlike its South American peers, Argentina’s gold fields are far from mature in terms of their</div>]]>
      </content>
      <pubDate>Mon, 22 Mar 2010 07:19:30 -0400</pubDate>
      <author>Marc Davis</author>
      <description>
        <![CDATA[<div>Since the overhaul of Argentina’s protectionist mining laws in 1993, gold production has seen a parabolic rise from a paltry 36,000 ounces to 1.40 million ounces in 2008. (Data for 2009 has not yet been made public). This makes Argentina the third most prolific producer in Latin America. Only Peru and Brazil posted better numbers at 5.78 million ounces and 1.55 million ounces of gold, respectively.</div><div> </div><div>However, of these three gold-rich nations, only Argentina has seen a dramatic rise in its output in recent years. In sharp contrast, Brazil’s gold production peaked at 3.30 million ounces just over 20 years ago and it has since dwindled to about half that figure. Even Peru’s prolific numbers have begun to dip a little lower over the last several years.</div><div> </div><div>These statistics point to the fact that unlike its South American peers, Argentina’s gold fields are far from mature in terms of their</div><br/><a href='http://seekingalpha.com/article/194854-argentinas-gold-mining-boom-a-lustrous-trend?source=feed'>Complete Story &raquo;</a>]]>
      </description>
      <category type="symbol" link="http://seekingalpha.com/symbol/au">AU</category>
      <category type="symbol" link="http://seekingalpha.com/symbol/auy">AUY</category>
      <category type="symbol" link="http://seekingalpha.com/symbol/xra">XRA</category>
      <category type="author" link="http://seekingalpha.com/author/marc-davis">Marc Davis</category>
    </item>
    <item>
      <title>Mining Africa’s Potash Riches: Is Allana a BHP Takeover Candidate?</title>
      <link>http://seekingalpha.com/article/190113-mining-africas-potash-riches-is-allana-a-bhp-takeover-candidate?source=feed</link>
      <guid isPermaLink="false">190113</guid>
      <content>
        <![CDATA[<div><div>A Canadian / Chinese partnership to commercialize Africa’s first modern-day potash mine may yet get the ultimate endorsement from the world’s largest mining company, BHP Billiton (NYSE: <a href='http://seekingalpha.com/symbol/bhp' title='BHP Billiton Limited'>BHP</a>), by way of a takeover bid. So says Robert Winslow, a potash analyst at one of Canada’s leading investment banks, Toronto-based Wellington West Capital Markets, in reference to Toronto-based Allana Potash Corp. (TSX.V: AAA).</div><div> </div><div>“If BHP covets assets in multiple basins, Allana is an obvious target,” he announced earlier this month in a research paper, in which he alluded to BHP’s recent acquisition of another junior Canadian potash explorer, Athabasca Potash (TSX: <a href='http://seekingalpha.com/symbol/api' title='Advanced Photonix, Inc'>API</a>), at the heart of Saskatchewan’s prolific potash fields.</div><div> </div><div>Notably, BHP also has potash claims in close proximity to Allana’s land holdings in Ethiopia’s Danakil Potash Basin, which is shaping up to exhibit a “similar scale to Saskatchewan and Russian basins” (which collectively host most of the world’s largest potash</div></div>]]>
      </content>
      <pubDate>Tue, 23 Feb 2010 07:30:53 -0500</pubDate>
      <author>Marc Davis</author>
      <description>
        <![CDATA[<div><div>A Canadian / Chinese partnership to commercialize Africa’s first modern-day potash mine may yet get the ultimate endorsement from the world’s largest mining company, BHP Billiton (NYSE: <a href='http://seekingalpha.com/symbol/bhp' title='BHP Billiton Limited'>BHP</a>), by way of a takeover bid. So says Robert Winslow, a potash analyst at one of Canada’s leading investment banks, Toronto-based Wellington West Capital Markets, in reference to Toronto-based Allana Potash Corp. (TSX.V: AAA).</div><div> </div><div>“If BHP covets assets in multiple basins, Allana is an obvious target,” he announced earlier this month in a research paper, in which he alluded to BHP’s recent acquisition of another junior Canadian potash explorer, Athabasca Potash (TSX: <a href='http://seekingalpha.com/symbol/api' title='Advanced Photonix, Inc'>API</a>), at the heart of Saskatchewan’s prolific potash fields.</div><div> </div><div>Notably, BHP also has potash claims in close proximity to Allana’s land holdings in Ethiopia’s Danakil Potash Basin, which is shaping up to exhibit a “similar scale to Saskatchewan and Russian basins” (which collectively host most of the world’s largest potash</div></div><br/><a href='http://seekingalpha.com/article/190113-mining-africas-potash-riches-is-allana-a-bhp-takeover-candidate?source=feed'>Complete Story &raquo;</a>]]>
      </description>
      <category type="symbol" link="http://seekingalpha.com/symbol/bhp">BHP</category>
      <category type="symbol" link="http://seekingalpha.com/symbol/api">API</category>
      <category type="author" link="http://seekingalpha.com/author/marc-davis">Marc Davis</category>
    </item>
    <item>
      <title>Why Chile’s Gold Riches Are Worth Fighting For</title>
      <link>http://seekingalpha.com/article/184501-why-chiles-gold-riches-are-worth-fighting-for?source=feed</link>
      <guid isPermaLink="false">184501</guid>
      <content>
        <![CDATA[<div>
  <span>As the gold market continues its lustrous trend, the corporate elbowing and shoving to get at the richest buried treasures is getting increasingly cutthroat. A prime example involves northern Chile’s clutch of mostly prolifically sized gold/copper deposits. Located in the Maricunga Gold Belt, five deposits are in various advanced stages of development while a trio of mines is already making money. All of them represent rich veins of opportunity for supply-hungry gold and copper producers.</span>
</div><div>
  <span>Not surprisingly, much of the 100 million ounces-plus of gold concentrated within this rugged mountain range is firmly in the grip of the world’s most dominant gold miner, Barrick Gold <span>(<a href='http://seekingalpha.com/symbol/abx' title='Barrick Gold Corporation'>ABX</a>). But the high flyer’s latest effort to consolidate its hold on this golden corridor has suffered a surprising setback. </span></span>
</div><div>
  <span>Barrick was</span>
  <span> trumped by the world’s fifth largest gold mining powerhouse, Goldcorp (<a href='http://seekingalpha.com/symbol/gg' title='Goldcorp Inc.'>GG</a>) earlier this month in a deal to buy the El Morro</span>
</div>]]>
      </content>
      <pubDate>Tue, 26 Jan 2010 12:15:28 -0500</pubDate>
      <author>Marc Davis</author>
      <description>
        <![CDATA[<div>
  <span>As the gold market continues its lustrous trend, the corporate elbowing and shoving to get at the richest buried treasures is getting increasingly cutthroat. A prime example involves northern Chile’s clutch of mostly prolifically sized gold/copper deposits. Located in the Maricunga Gold Belt, five deposits are in various advanced stages of development while a trio of mines is already making money. All of them represent rich veins of opportunity for supply-hungry gold and copper producers.</span>
</div><div>
  <span>Not surprisingly, much of the 100 million ounces-plus of gold concentrated within this rugged mountain range is firmly in the grip of the world’s most dominant gold miner, Barrick Gold <span>(<a href='http://seekingalpha.com/symbol/abx' title='Barrick Gold Corporation'>ABX</a>). But the high flyer’s latest effort to consolidate its hold on this golden corridor has suffered a surprising setback. </span></span>
</div><div>
  <span>Barrick was</span>
  <span> trumped by the world’s fifth largest gold mining powerhouse, Goldcorp (<a href='http://seekingalpha.com/symbol/gg' title='Goldcorp Inc.'>GG</a>) earlier this month in a deal to buy the El Morro</span>
</div><br/><a href='http://seekingalpha.com/article/184501-why-chiles-gold-riches-are-worth-fighting-for?source=feed'>Complete Story &raquo;</a>]]>
      </description>
      <category type="symbol" link="http://seekingalpha.com/symbol/abx">ABX</category>
      <category type="symbol" link="http://seekingalpha.com/symbol/gg">GG</category>
      <category type="symbol" link="http://seekingalpha.com/symbol/ngd">NGD</category>
      <category type="symbol" link="http://seekingalpha.com/symbol/xra">XRA</category>
      <category type="author" link="http://seekingalpha.com/author/marc-davis">Marc Davis</category>
    </item>
    <item>
      <title>Mexican Gold: Big Output Boost Expected in 2010</title>
      <link>http://seekingalpha.com/article/183694-mexican-gold-big-output-boost-expected-in-2010?source=feed</link>
      <guid isPermaLink="false">183694</guid>
      <content>
        <![CDATA[<div>Mexico’s ever-expanding gold mining industry is on-target for another banner year in 2010. In fact, output is expected to jump by an additional 880,000 ounces next year to nearly 2.5 million ounces, representing an approximately 50% increase over 2009’s projected figures (which have yet to be announced).</div><div>Much of the additional output will come from the ramping-up of production at the world-class gold/silver Penasquito mine in Zacatecas State. Owned by the world’s fifth largest gold producer, Vancouver-based Goldcorp Inc. (<a href='http://seekingalpha.com/symbol/gg' title='Goldcorp Inc.'>GG</a>), the mine was commercialized last October and is expected to start yielding up to 500,000 ounces of gold per annum.</div><div>Three other mines are also scheduled to reach full production status this year. They include the Pinos Altos gold/silver mine, where Toronto-based Agnico Eagle Mines (<a href='http://seekingalpha.com/symbol/aem' title='Agnico-Eagle Mines Limited'>AEM</a>) plans to generate 190,000 gold ounces a year. Also, Idaho-based Coeur d’Alene (<a href='http://seekingalpha.com/symbol/cde' title='Coeur d&#39;Alene Mines Corporation'>CDE</a>) is aiming to increase its output to 92,000 gold ounces from</div>]]>
      </content>
      <pubDate>Thu, 21 Jan 2010 14:29:26 -0500</pubDate>
      <author>Marc Davis</author>
      <description>
        <![CDATA[<div>Mexico’s ever-expanding gold mining industry is on-target for another banner year in 2010. In fact, output is expected to jump by an additional 880,000 ounces next year to nearly 2.5 million ounces, representing an approximately 50% increase over 2009’s projected figures (which have yet to be announced).</div><div>Much of the additional output will come from the ramping-up of production at the world-class gold/silver Penasquito mine in Zacatecas State. Owned by the world’s fifth largest gold producer, Vancouver-based Goldcorp Inc. (<a href='http://seekingalpha.com/symbol/gg' title='Goldcorp Inc.'>GG</a>), the mine was commercialized last October and is expected to start yielding up to 500,000 ounces of gold per annum.</div><div>Three other mines are also scheduled to reach full production status this year. They include the Pinos Altos gold/silver mine, where Toronto-based Agnico Eagle Mines (<a href='http://seekingalpha.com/symbol/aem' title='Agnico-Eagle Mines Limited'>AEM</a>) plans to generate 190,000 gold ounces a year. Also, Idaho-based Coeur d’Alene (<a href='http://seekingalpha.com/symbol/cde' title='Coeur d&#39;Alene Mines Corporation'>CDE</a>) is aiming to increase its output to 92,000 gold ounces from</div><br/><a href='http://seekingalpha.com/article/183694-mexican-gold-big-output-boost-expected-in-2010?source=feed'>Complete Story &raquo;</a>]]>
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      <category type="author" link="http://seekingalpha.com/author/marc-davis">Marc Davis</category>
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    <item>
      <title>Gold Becoming Increasingly Popular with Central Bankers</title>
      <link>http://seekingalpha.com/article/178284-gold-becoming-increasingly-popular-with-central-bankers?source=feed</link>
      <guid isPermaLink="false">178284</guid>
      <content>
        <![CDATA[<div>
  <i>By Marc Davis, BNWnews.ca </i>
</div><div>Central banks – the long-time nemesis of the gold sector – are doing an about-face to become its biggest supporters. And this quantum shift promises to gather momentum in 2010 with the prospect of a new era of net buying continuing to fuel robust demand for bullion.</div><div>So say several of the world’s most prominent gold fund managers and investment industry gurus. They include John Embry, a renowned, long-time gold advocate and the chief investment strategist at Toronto-based Sprott Asset Management, which runs the Sprott Gold and Precious Metals Fund.</div><div>
  <span>“I think central banks will most certainly underpin the price of gold next year,” Embry says.</span>
</div><div>
  <span>In fact, he believes the advent of net central bank purchases of gold is “virtually assured” in 2010 and beyond. Most notably, next year promises to be the first in over two decades that central banks opt to buy more</span>
</div>]]>
      </content>
      <pubDate>Tue, 15 Dec 2009 13:24:40 -0500</pubDate>
      <author>Marc Davis</author>
      <description>
        <![CDATA[<div>
  <i>By Marc Davis, BNWnews.ca </i>
</div><div>Central banks – the long-time nemesis of the gold sector – are doing an about-face to become its biggest supporters. And this quantum shift promises to gather momentum in 2010 with the prospect of a new era of net buying continuing to fuel robust demand for bullion.</div><div>So say several of the world’s most prominent gold fund managers and investment industry gurus. They include John Embry, a renowned, long-time gold advocate and the chief investment strategist at Toronto-based Sprott Asset Management, which runs the Sprott Gold and Precious Metals Fund.</div><div>
  <span>“I think central banks will most certainly underpin the price of gold next year,” Embry says.</span>
</div><div>
  <span>In fact, he believes the advent of net central bank purchases of gold is “virtually assured” in 2010 and beyond. Most notably, next year promises to be the first in over two decades that central banks opt to buy more</span>
</div><br/><a href='http://seekingalpha.com/article/178284-gold-becoming-increasingly-popular-with-central-bankers?source=feed'>Complete Story &raquo;</a>]]>
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      <category type="author" link="http://seekingalpha.com/author/marc-davis">Marc Davis</category>
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    <item>
      <title>Peak Gold Output Looms as ‘Big Money’ Flocks to Exeter Resource</title>
      <link>http://seekingalpha.com/article/177038-peak-gold-output-looms-as-big-money-flocks-to-exeter-resource?source=feed</link>
      <guid isPermaLink="false">177038</guid>
      <content>
        <![CDATA[<p>With bullion prices at all-time highs and world-class gold discoveries becoming ever more elusive, the investment industry is gambling increasingly sizeable sums of money on major mines-in-the-making. A recent example of this new trend involves Exeter Resource Corporation (<a href='http://seekingalpha.com/symbol/xra' title='Exeter Resource Corporation'>XRA</a>). Specifically, a handful of top-tier investment banks snapped up the high-flying mining junior’s CDN $57.5 million equity financing last month in less than 24 hours.</p> <p>Of Exeter’s war chest, a sizeable amount is being used to develop one of the world’s largest gold discoveries in recent years. The Caspiche gold/copper deposit in Chile is a veritable monster that weighs in at 33.7 million gold ‘equivalent’ ounces. (This ‘equivalent’ metric involves silver and copper by-product metals that are valued using baseline prices of <span>US $12 for silver and US $2.00 per pound for copper, while US $800 is used for the gold valuation). Stated another way, Caspiche boasts an inferred resource estimate</span></p>                       ]]>
      </content>
      <pubDate>Tue, 08 Dec 2009 04:16:14 -0500</pubDate>
      <author>Marc Davis</author>
      <description>
        <![CDATA[<p>With bullion prices at all-time highs and world-class gold discoveries becoming ever more elusive, the investment industry is gambling increasingly sizeable sums of money on major mines-in-the-making. A recent example of this new trend involves Exeter Resource Corporation (<a href='http://seekingalpha.com/symbol/xra' title='Exeter Resource Corporation'>XRA</a>). Specifically, a handful of top-tier investment banks snapped up the high-flying mining junior’s CDN $57.5 million equity financing last month in less than 24 hours.</p> <p>Of Exeter’s war chest, a sizeable amount is being used to develop one of the world’s largest gold discoveries in recent years. The Caspiche gold/copper deposit in Chile is a veritable monster that weighs in at 33.7 million gold ‘equivalent’ ounces. (This ‘equivalent’ metric involves silver and copper by-product metals that are valued using baseline prices of <span>US $12 for silver and US $2.00 per pound for copper, while US $800 is used for the gold valuation). Stated another way, Caspiche boasts an inferred resource estimate</span></p>                       <br/><a href='http://seekingalpha.com/article/177038-peak-gold-output-looms-as-big-money-flocks-to-exeter-resource?source=feed'>Complete Story &raquo;</a>]]>
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      <category type="author" link="http://seekingalpha.com/author/marc-davis">Marc Davis</category>
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