1. PDAC 2015: Lukas Lundin sets lofty goals as he re-enters gold game

    by
    Comment
    The following article appeared in The Financial Post, March 3rd, 2015. Legendary mining and oil tycoon Lukas Lundin has never been modest about his goals. So his latest targets probably shouldn’t surprise anyone, as eye-opening as they might sound. “I want Lundin Mining up to $10-billion . I want Lundin Petroleum up to $10-billion. And I want Lundin Gold $5-billion,” the Swedish entrepreneur said in an interview in his office, which overlooks the city of Vancouver and the North Shore Mountains beyond. On his bookshelf sits an unusual marble pig with a red dash up its spine. It is a gift from an investment banker that commemorates Mr. Lundin’s US$7.1-billion sale of Red Back Mining Inc. to Kinross Gold Corp. in 2010. That was probably the most one-sided deal in the history of the gold business, and Mr. Lundin, as he usually does, came out on the winning...
  2. Mexico’s Guerrero Gold Belt: An Overview

    by
    Comment
    The following Gold Investing News article was published December 18th, 2014. Combining a rich mining history with huge profit potential in the here and now, the Guerrero Gold Belt is one part of Mexico investors should definitely have an eye on. The belt is located in Southwestern Mexico in the state of Guerrero, which is bordered by the Pacific Ocean to the south and west, the state of Michoacán to the northwest, Morelos to the direct north, Puebla to the northeast and Oaxaca to the east. While agriculture is a huge driver of economic activity in the state, since 1924 mining has been a part of the equation as well. As Newstrike Capital (TSXV:NES), one of the many companies working within the belt, states on its website, that was the year gold was discovered at Xochipala. Indeed, speaking last year to The Gold Report, Merrill McHenry, metals and mining analyst...