When one mentions junior mining companies, the first thing that comes to mind might be the infamous Bre-X scandal or other similar stories. However, the exploration work conducted by junior mining companies is key to the mining life cycle, and by extension, key to supplying many of the metals we need in modern life.
David Abraham, author of “The Elements of Power — Gadgets, Guns, and the Struggle for a Sustainable Future in the Rare Metal Age,” and director of the Technology, Rare and Electronic Metals Center, explains the importance of junior mining well:
“The challenge is that junior mining companies are like biotech start-ups; most, even those with the most promising projects, will fail,” he writes. “But without biotech, the next great cancer drug won’t be developed; without these junior miners, the world won’t have the ingredients for the next green power source.”
Abraham was speaking about rare metals specifically in his book, but the same goes for more common minerals such as copper or iron as well.
For investors, taking a stake in junior mining companies can certainly be risky. However, by doing extensive due diligence and asking the right questions about junior mining projects, investors can gain access to an extremely effective vehicle for wealth creation.
To be sure, there’s plenty to keep track of for those that want to get into junior mining. Not only is it necessary to keep an eye on what individual companies are up to, but one must watch metals prices, markets, and even the broader global economy. Even then, getting a mine to production is extremely complex, and a myriad of things can go wrong along the way.
Still, with plenty of research, it is possible for savvy investors to succeed.
To start, here are a few articles we’ve written covering junior mining companies:
By Melissa Shaw
Last week’s other top-gaining TSXV stocks were Newrange Gold, Black Bull Resources, Red Rock Energy and Golden Dawn Minerals.
Focus Graphite Inc. (TSXV:FMS,OTCQX:FCSMF,FWB:FKC) is pleased to announce that it has held a third closing of its previously-announced non-brokered private placement at which it issued an aggregate of 14,847,001 units at a price of $0.075 per unit, for gross proceeds to Focus of $1,113,525. Each of the units consists of
Graphite One Resources Inc. (TSXV:GPH, OTCQX:GPHOF) announced today that it will be presenting at the Planet MicroCap Showcase being held on April 26-28, 2017 at the Planet Hollywood Resort & Casino in Las Vegas, NV. The company will be presenting at 11 AM EDT/ 8 AM PDT on April 27,
Alset Energy Corp. (TSXV:ION) is pleased to announce that drilling has commenced on the La Salada salar in Zacatecas, Mexico. The exploration program includes two deep holes to test for brine horizons, sediment composition and depth to basement; followed by a shallow subsurface sampling program. Material from this work will
Alset Energy Corp. (TSXV:ION) is pleased to announce that, subject to regulatory approval, it will accelerate the exercise of its earn in option to acquire the Mexican salar project. Alset and MKG Mining have agreed to amend the original agreement that would have taken a further 5 years for Alset
Commodities investing can be intimidating, but many market watchers believe now is a good time to get started.
Doubleview Capital Corp. has been approved by OTC Markets Group Inc. to trade on the OTCBB Pink Open Market (OTCBB) with the symbol (DBLVF). The OTCBB, operated by OTC Markets, offers U.S. trading for early-stage and developing U.S. and international companies. The company has also applied for DTC eligibility. The
Last week’s other top-gaining TSXV stocks were Arak Resources, Cameo Resources, Adex Mining and Rugby Mining.
Nexus Gold Corp. (TSX-V: NXS, OTC: NXXGF, FSE: N6E) announced the completion of its phase one diamond drill program at the 178-square kilometer Niangouela exploration permit located approximately 85 kilometers north of Ouagadougou, Burkina Faso.
NorthIsle Copper and Gold (TSXV:NCX) announces that it intends to raise up to $1,600,000 by way of the following non-brokered private placements, subject to TSX Venture Exchange acceptance:
Graphite One Resources Inc.’s (TSXV:GPH, OTCQX:GPHOF) Graphite Creek development project located near Nome, Alaska, was included among the infrastructure projects introduced into testimony to the U.S. Senate Energy and Natural Resources Committee at its March 30, 2017, hearing, entitled “The potential for infrastructure improvements to create jobs and reduce the
Blue Sky Uranium Corp. has provided initial results from the continuing phase 1 reverse circulation (RC) drilling program at the Ivana target on the Amarillo Grande uranium project, in Rio Negro province, Argentina. The results from 31 holes received to date outline a broad area of near surface uranium measuring
Dunnedin Ventures Inc. (TSXV:DVI) today announced results from exploration undertaken in October of 2016 designed to find additional gold zones at its 100% owned Trapper property. Trapper is a copper-gold porphyry project in northern British Columbia with results that include high grade visible gold flanking copper-mineralized porphyry in drill core,
Blue Sky Uranium (TSXV:BSK; OTC Grey:BKUCF) is pleased to provide an update on the progress of the 3,000 metre reverse circulation (“RC”) drilling program at the Amarillo Grande uranium project, in Rio Negro Province, Argentina. Drilling has finished at the Ivana target area, with 94 holes totaling 1,276 metres
The top gainer last week was Atacama Pacific Gold, and it was followed by Midnight Sun Mining, Helio Resource, Silver Spruce Resources and Focus Graphite.
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