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- Diamond & Specialty Minerals Summary for Dec. 9, 2016
Lucara Diamond had a great year, helped by solid diamond sales at its Karowe mine. Dominion Diamond also did well, but its prices were weaker. Noram Ventures and Alba Minerals are drilling their Green Energy lithium project in Nevada.
- Gold Summary for Dec. 9, 2016
Centerra Gold has stopped its dividend payments thanks to a battle with the Kyrgyzstan government. Gowest Gold is scurrying to close a big financing for its Bradshaw project in Ontario. Treasury Metals is raising more cash for its Goliath gold project in Ontario.
- Shell Summary for Dec. 9, 2016
Harris Dvorkin and Victor Luhowy's capital pool shell, Antler Hill, modifies the terms of its Kansas oil and gas QT. Dr. Tony Melman's SPAC, Acasta Enterprises, receives ISS support for its acquisition of Apollo Health and
Beauty, JemPak Corp., and Stellwagen Finance.
- BCSC's two luckiest ex-brokers avoid penalty
Two former B.C. brokers have much to be thankful for after they and their Panamanian brokerage firm, Verdmont Capital SA, came to the attention of the BCSC. The regulator sanctioned the firm for its dodgy business instead of its two principals.
- Energy Summary for Dec. 9, 2016
Spartan Energy closes a $700-million asset acquisition from ARC Resources and lays out its spending plans for 2017. Perpetual Energy sets ambitious production guidance. Strategic Oil plans to raise $40-million for its coming drill program.
- Eastern Platinum sued after $50M (U.S.) deal stalls
Eastern Platinum Ltd. is a defendant in a lawsuit from the proposed buyer of its Crocodile River mine in South Africa. According to the suit, the company agreed to sell the mine in a $50-million (U.S.) deal, but looks to be backing away from the sale.
- Diamond & Specialty Minerals Summary for Dec. 8, 2016
Tsodilo Resources is raising $8-million to advance its BK-16 diamond project in Botswana. Graphite One Resources says its preliminary economic assessment of Graphite Creek will be ready within two months. Alix Resources has hit lithium at Agua Fria in Mexico.
- Gold Summary for Dec. 8, 2016
Scorpio Gold has promising gold assays from the Bunkhouse Hill area at Mineral Ridge in Nevada. Bonterra Resources has hit gold in the Rivage gap at Gladiator in Quebec. Endurance has another hit showing its Elephant is a big, but low-grade deposit.
- Shell Summary for Dec. 8, 2016
Anne Chopra's Harvest One Capital firms up its QT with cannabis company MMJ PhytoTech. Simon Yakubowicz's Cluny Capital drops its QT with mobile game developer Sandbox Global. David Tonken's Snow Eagle Resources arranges an Indonesian oil and gas QT with Bukit Energy.
- IIROC bans Gebert after $524,000 loan from client
IIROC has imposed a permanent ban and a $275,000 fine on former BMO Nesbitt Burns employee Jeffrey Gebert. The "particularly troubling" accusations against Mr. Gebert included borrowing $524,000 from a 93-year-old client.
- Energy Summary for Dec. 8, 2016
Cenovus Energy revives a previously stalled project in the oil sands. Crescent Point boosts its 2017 budget, aiming for higher production in Saskatchewan and the increasingly interesting Utah. Would-be producers in Quebec await the fate of Bill 106.
- SEC obtains court order to collect from Pierce
The SEC has won a court order in California directing Vancouver's Brent Pierce to pay his $7.24-million (U.S.) penalty for the Lexington Resources Inc. scheme. The SEC said that Mr. Pierce failed to pay the administrative sanction.
- Diamond & Specialty Minerals Summary for Dec. 7, 2016
Saville Resources still plans to resuscitate itself with an old Arctic diamond play. Niocorp Developments has shown it can recycle Elk Creek reagents. American Lithium continues its assay mea culpa at Fish Lake.
- Gold Summary for Dec. 7, 2016
Red Pine Exploration has encouraging new assays from old core samples at its Wawa gold project. Alexandria Minerals has hit high-grade veins at its Orenada project in Quebec. Satori Resources has hit higher-grade gold over encouraging intervals at Tartan Lake in Manitoba.
- Shell Summary for Dec. 7, 2016
Campbell Deacon's shell, Pounder Venture Capital, firms up its QT with Pool Safe. Pool Safe is being sued by CoolSafe Enterprises for allegedly stealing its design for a waterproof poolside safe. The shell and its target are selling 394,322 subscription receipts at $3.17.
- Energy Summary for Dec. 7, 2016
Petrus passes a pleasing production milepost. BNK Petroleum, having raised $14-million in October, is ready to resume drilling in Oklahoma this month. Madalena Energy comes up with a solution to its financial woes in Argentina.
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