Dunav Resources (DNV.V) has announced a resource update on its Kiseljak and Yellow Creek deposits in Serbia. The total resource estimate now stands at 2.8 billion pounds of copper and 2.2 million ounces of gold. The grade is relatively low (even for a copper-gold porphyry target) at 0.23% Cu and […]
Back in April, we recommended to average down a position in Euromax Resources (EOX.V) at C$0.10. Since the company has released the results of a very decent pre-feasibility study late last week, the share price has shot up and reached C$0.60 today. Whilst we continue to believe in the future […]
EurOmax Resources (EOX.V) has released an updated NI43-101 compliant resource estimate on its 100% owned Ilovitza copper-gold project in Macedonia. The company was able to increase the tonnage in the measured and indicated categories by almost 30% to 237 million tonnes, without any dilution in the average grade. This resource […]
Columbus Copper (CCU.V) has announced it has signed an agreement with First Quantum Minerals (FM.TO, LON:FQM) whereby First Quantum can earn an interest of up to 80% in the company’s Djavolja Varos project in Serbia. Under the agreement, First Quantum can earn an initial interest of 51% by spending $1M […]
We sat down with David Cliff, CEO of Columbus Copper (CCU.V) to get some of our questions answered. – Why is the strategic alliance with First Quantum (FM.TO, LON:FQM) a good thing? It gives us many options to pursue the wide range of exploration opportunities that we have identified through […]
Jurisdiction risk continues to grow as a result of countries attempting to capitalize on higher commodity prices. In this interview for The Gold Report, Thibaut Lepouttre, editor of Caesars Report, discusses which jurisdictions offer better value to investors and which countries to avoid. He also offers suggestions on where to […]
After selling our shares at C$1.50 in September last year, the share price of Euromax Resources (EOX.V) has dropped approximately 65% to the current share price of C$0.45. We got in touch with the management team to get an update on the company and are pleased with the progress. The […]
Empire Mining has started trading today as Columbus Copper (CCU.V) to emphasize the company’s focus on its copper projects in Turkey and Serbia and to reduce overhead costs (although we don’t quite know how a name change can reduce overhead). Shareholders and holders of physical share certificates aren’t required to […]
Empire Mining’s (EPC.V) share price has gone up from C$.10 to C$.18 in just two days, after the company announced they have discovered a very intense magnetic anomaly on their Serbian Nevlje-project. Past exploration at Nevlje has revealed copper grades up to 1.7% in surface trenches. Empire has confirmed these […]
We attended a field trip to EurOmax’ properties, and visited the Trun project in Bulgaria and the Ilovitza Copper- Gold project in Macedonia. We were lucky to meet with Dimitar Dimitrov, EurOmax’ VP of exploration who has been involved in the Balkan properties since 2003, who guided us around.
The Caesars Report Mining Top for 2012 only contains mining stocks we believe will perform better than their peers this year. Our aim is to outperform the markets, through picking undervalued shares with an acceptable risk/reward ratio.
2011 was an extremely disappointing year, as the Mining Top 25 closed with a return of -22.215%, underperforming the S&P by 18.89%, but outperforming the TSX Venture by 15.72%. We obviously expected a much better return, especially from our number 1-pick Empire Mining.