Cash Crunch for the Rare Earth-Mining Minnows

Source: Australian, Robin Bromby (6/20/11)

"CAUTION: A capital squeeze is coming soon to an REE miner near you."

Australian, Robin Bromby

Aussie REEs

We're hearing a good deal of talk from the industry that money is getting harder to raise. During the week, two floats were canned due to market conditions while several other IPOs have "to be advised" as to listing dates.

It's no surprise; this always happens when markets go sour.

So far, thank goodness, the closing of wallets seems to be selective. Money is still available but it is starting to look as if investors are being more selective.

If the market weakens further, then fewer and fewer juniors will find checks being handed over—with the consequential cancellation of drill programs and staff layoffs. We'll be keeping an eye on cash levels when the quarterlies hit next month.

The announcement also reminds us of the numbers of balls in the air for REE miners.

Having deep-pocketed backers helps.

Explorer Completes Phase 2 Metallurgical Work for Palladium-Copper Project
Source: Streetwise Reports (01/28/2021)

Generation Mining intends to wrap up the feasibility study on Marathon this quarter.

Silver Firm Reports Q4/20 Processing, Production Numbers from Mexico Project
Source: Streetwise Reports (01/28/2021)

MAG Silver's joint venture project Juanicipio produced 230,000 ounces of silver during the quarter ended Dec. 31, 2020.

Golden Arrow Resources Out Exploring Again After COVID-19; Hits High-Grade Gold at Tierra Dorada in Paraguay
Source: The Critical Investor for Streetwise Reports (01/27/2021)

The Critical Investor explains why he believes "investors have an interesting opportunity to invest in a pretty derisked, undervalued and experienced explorer with three chances for success."

Junior Mining Sector 'the Best Value in the Space'
Source: Streetwise Reports (01/27/2021)

The StreetSmart Live! Broadcast on Jan. 26, 2021, focused on metals and why now is a good time for investors to be looking at them and the mining space. John Newell, independent analyst and portfolio manager, and John Feneck, mining sector expert and president of Feneck Consulting, addressed the status of the current metals market. CEOs of the three metals-focused companies comprising the Metallic Group of Companies—Group Ten Metals, Metallic Minerals and Granite Creek Copper—discussed their projects.

MMT Survey Helps Explorer Identify New Large Target at Ecuador Property
Source: Streetwise Reports (01/26/2021)

Aurania Resources reported that data from an ongoing Mobile MT Survey identified an extensive target at Tsenken at its Lost Cities - Cutucu Project in southeastern Ecuador.

Miner with Projects in Canada and Mexico Looks Forward to 2021
Source: Maurice Jackson for Streetwise Reports (01/20/2021)

In conversation with Maurice Jackson of Proven and Probable, the CEO of Riverside Resources outlines the "sunglasses needed" future he sees for the company in the coming year.

Divide and Conquer, American-Style, the Dollar and Precious Metals
Source: Michael Ballanger for Streetwise Reports (01/18/2021)

Sector expert Michael Ballanger explores how fluctuations in the value of the U.S. dollar and the gold and silver markets have played out over the last week.