Callinan Mines is a Canadian base metals exploration company dedicated to continuing a tradition of successful exploration that began in 1927. The company derives significant, and increasing, revenue from an historic royalty interest in two producing mines in Flin Flon, Manitoba. This income allows the company to keep dilution low as they develop high potential exploration properties in Manitoba and British Columbia.
Together with improving global economic conditions exploration endeavours are gathering pace. It always ushers in considerable confidence in the underlying project as well as the management as such efforts indicate the management’s desire to add shareholder value.
Recent Sector News
Falco Resources (CVE:FPC) has appointed Sean Roosen, the former chief executive of Osisko Mining and current CEO of Osisko Gold Royalties, as its new chairman, following an announcement that Osisko Gold plans to increase its stake in the junior exploration company to nearly 15 percent.
NioCorp Developments (CVE:NB) (OTCQX:NIOBF) says it is continuing to return high grade niobium assays from its Elk Creek project in Nebraska as part of an ongoing drilling and development program at the site.
Curis Resources (TSE:CUV) is being acquired by copper producer and existing shareholder Taskeo Mines (TSE:TKO) in a friendly all-share deal that Curis says will give it access to existing financial resources to ensure the development of its Florence copper project in Arizona.
Treasury Metals (TSE:TML) has received a bullish recommendation from Euro Pacific Canada, with the brokerage firm initiating coverage on the gold development company with a speculative buy rating and a 12-month price target that is some 63 percent more than the price at which it currently changes hands.
Flinders' take out of Big North provides necessary spark in the energy metals space, says Chris Berry
Flinders Resources' (CVE:FDR) take out of fellow graphite company Big North Graphite (CVE:NRT) is a win-win for both parties, according to expert mining commentator Chris Berry.
Mining maven and professional geologist Mickey Fulp recently gave his thumbs up to one of his core stock holdings, and what he calls his "favourite copper company", Curis Resources (TSE:CUV).