Mining Stock Monkey VIP Bulletin #48 January 13, 2025 Barrick Gold's stock price has suffered recently, down nearly 27% from its October highs. The primary reason for this decline is because Mali's been putting a lot of pressure on the company to renegotiate its mining contract and pay more than US$500 million in retroactive tax adjustments and unpaid dividends. Barrick's Loulo-Gounkoto gold mining complex in Mali is quite important to the company as it accounted for 12.8% of the company's...
4 days ago • 6 min read
Mining Stock Monkey VIP Bulletin #47 January 11, 2025 Yesterday we got the huge news that Altius Minerals was awarded a partial win in the binding arbitration against Anglogold Ashanti to decide the size of their royalty on the Expanded Silicon gold project in Nevada. I briefly mentioned my preliminary thoughts in yesterday's morning newsletter on EMX. In that bulletin, based on my immediate interpretation of that press release, I gave Altius Minerals a "strong buy" and Orogen Royalties a...
6 days ago • 10 min read
Mining Stock Monkey VIP Bulletin #46 January 10, 2025 EMX Royalty has had a busy start to the year with 5 press releases this week alone. In this bulletin, we're going to dive into these developments and figure out what they mean for our investment. EMX Royalty EMX Completes 5 Million Share Buyback Program On February 7th of last year, EMX announced a Normal Course Issuer Bid (NCIB) in which they were allowed to buy back and cancel up to 5,000,000 shares over a 12-month period. It's very...
7 days ago • 4 min read
Mining Stock Monkey VIP Bulletin #45 January 9, 2025 We got huge news from Equinox Gold this week and in this bulletin I'll be sharing what we learned. Equinox Gold Equinox delivered a huge reserve update on Fazenda on Tuesday. One of the best things that a miner can do to increase its net asset value is to add reserves to mines with short lives. Before this update, Fazenda had the shortest mine life out of Equinox's 7 operating mines. Therefore, I was very pleased when Equinox announced that...
8 days ago • 5 min read
Mining Stock Monkey VIP Bulletin #44 December 30, 2024 I hope you had a Merry Christmas and we're sending you the best wishes for a wonderful New Year. My wife and I are excited to welcome our first baby into this world. She's due at the end of January but the doctor thinks he could be coming any day now. My wife and me at our honeymoon in Cancún, México There are some incredible bargains to be had right now in the natural resource space and we're increasing our position size in several...
18 days ago • 12 min read
Mining Stock Monkey VIP Bulletin #43 December 27, 2024 Thanks to the combination of poor market sentiment combined with tax loss selling in some stocks, there are some extraordinary buys in our portfolio today. Specifically, I see outstanding buys within the oil & gas sector as well as in some precious metals stocks. Stock prices can always go lower and if we experience a real correction in the gold price (which would be normal in a bull market), we will probably see precious metals stocks...
21 days ago • 12 min read
Mining Stock Monkey VIP Bulletin #42 December 12, 2024 In this bulletin I'll be sharing updates from several companies in our portfolio and also talking a little more about this ongoing situation in Mali. A few weeks after arresting the CEO and other execs from Australia's Resolute Mining, Mali has now issued an arrest warrant for Barrick's CEO, Mark Bristow. Barrick operates the highly profitable Loulo-Gounkoto gold complex in Mali where Barrick's 80% share of production results in more than...
about 1 month ago • 7 min read
Mining Stock Monkey VIP Bulletin #41 December 5, 2024 B2Gold has had a rough year and it seems that every month something else is going wrong. From capex hikes at their new Goose mine, to a one-quarter delay at Goose, to a broken excavator at Fekola causing lower production and higher costs, to taking on debt, to trouble with the Malian government, to missing guidance, to executives at other mining companies in Mali getting arrested, and most recently a labor strike at their Fekola mine....
about 1 month ago • 3 min read
Mining Stock Monkey VIP Bulletin #40 November 21, 2024 In this bulletin I'm going to cover developments from a couple of the companies in our portfolio, including something that is likely to be of huge importance to the future of EMX Royalty. This is a catalyst that has the potential to substantially increase revenues and NAV within a few years. In addition to these updates, I'll give you a brief overview of the other companies in our portfolio and share whether or not I think they're a good...
about 2 months ago • 10 min read
