Latest news with #FrankGiustra
Calgary Herald
09-07-2025
- Business
- Calgary Herald
Canadian mining magnate seeks U.S. projects as Trump deregulates
Canadian mining magnate Frank Giustra is scouring for projects in the United States as President Donald Trump cuts red tape and the outlook for metals like copper and gold remains bright. Article content Giustra — a key figure in the creation and development of Endeavour Mining Corp., Goldcorp and Leagold Mining Corp. over the past quarter century — has built up another stable of projects from Colombia to Botswana. Now, his office staffed by 75 to 80 people is exploring opportunities in U.S. copper-gold deposits, among others. Article content Article content Article content In the U.S., it takes an average of 29 years from the discovery of a copper deposit to the start of production — the longest development time in the world after Zambia. The current administration has invoked emergency powers to boost the ability of the U.S. to produce critical minerals, vowing to speed up permitting and prioritize production on federal land. Article content Giustra's search for his next mining investments isn't limited to the U.S., with only a handful of countries ruled out. Asked about his preference of metals, he said: 'I love gold. I love copper. I love silver. I love uranium. I'm not that crazy about lithium right now, there's just too much of it.' Article content Article content While bargains are getting harder to find as more money flows into mining, Giustra's approach is different to most in that he identifies distressed assets that can be turned around. Article content Gold, he says, is his favourite topic. Giustra sees the precious metal — up about 40 per cent in the past year — at just the beginning of a bull run amid a nascent de-dollarization trend as U.S. debt piles up. Article content 'I just can't see how they can turn the ship around,' he said, referring to America's mounting debt. 'There has to be, at some point, a global monetary system reset, and I believe that is already in the works.' Article content Besides mining, Giustra founded film studio Lionsgate and is heavily engaged in philanthropy. He's also into technology, investing in and advising Streamex, a tokenization firm focused on commodities. The unit of BioSig Technologies Inc. just entered into agreements for US$1.1 billion in financing as it looks to become a major holder of gold.
Bloomberg
08-07-2025
- Business
- Bloomberg
Canadian Mining Magnate Seeks US Projects as Trump Deregulates
Canadian mining magnate Frank Giustra is scouring for projects in the US as President Donald Trump cuts red tape and the outlook for metals like copper and gold remains bright. Giustra — a key figure in the creation and development of Endeavour Mining Corp., Goldcorp and Leagold Mining Corp. over the past quarter century — has built up another stable of projects from Colombia to Botswana. Now, his office staffed by 75 to 80 people is exploring opportunities in US copper-gold deposits, among others.
Associated Press
28-05-2025
- Business
- Associated Press
EarthLabs Expeditions, Revisit to West Red Lake Gold's Madsen Mine
Industry-first, 'off-the-beaten-path' travel documentary series focused on junior mining, celebrating the spirit of ingenuity and resilience that drives the industry Toronto, Ontario--(Newsfile Corp. - May 28, 2025) - EarthLabs Expeditions proudly announces the release of Episode 5 of EarthLabs Expeditions, a bold reality documentary series revolutionizing how audiences experience the junior mining and exploration industry. This episode features West Red Lake Gold Mines (TSXV: WRLG) (OTCQB: WRLGF) offering an in-depth, unfiltered, and behind-the-scenes look at their modern take on an historic gold project and how it fits into the broader world of mineral exploration and mining. EarthLabs Expeditions is an industry-first, 'off-the-beaten-path' travel documentary meets junior mining, exploration video series. It's an epic journey into the unknown, where: Episode 5 – West Red Lake Gold Mines The fifth episode of EarthLabs Expeditions features a Revisit to West Red Lake Gold Mines (TSXV: WRLG) (OTCQB: WRLGF). West Red Lake Gold recently restarted the Madsen Mine after an extensive period of exploration, refurbishment, infrastructure developments, and equipment upgrades. The Madsen mine is located in the prolific Red Lake Gold District of Ontario, Canada. This district is renowned for its rich gold deposits, having produced over 30 million ounces of high-grade gold. Backed by a seasoned management team and strategic investors including Frank Giustra, the company recently concluded an overwhelmingly successful bulk sample program and entered into full production in May of 2025. Furthermore, exploration continues within the mine to develop the near-term mineable resource – high confidence ounces to feed the mine plan and fill production quotas. Join our host, Jonathan Brazeau, as he completes the Madsen journey 'From Ore to Pour' – culminating in an actual gold pour and holding a million dollar gold bar! WATCH THE EPISODE NOW Limited to just 10 Expeditions per year, EarthLabsExpeditions spotlights companies with significant discoveries, impactful projects, and compelling stories. Hosted by the charismatic and fearless Jonathan Brazeau, the show takes viewers on a journey that goes beyond boardrooms and polished presentations to explore the real, gritty work of the junior mining industry. Jonathan travels the world, getting his boots on the ground, meeting with industry leaders, workers, and the people who make up this dynamic sector. PAID ADVERTISEMENT The episode linked in this news release (the 'video') is a paid advertisement for West Red Lake Gold (TSXV: WRLG) (OTCQB: WRLGF) to enhance public awareness of West Red Lake Gold, its products, its industry and as a potential investment opportunity. EarthLabs Media Inc., and their owners, managers, employees, and assigns were paid by West Red Lake Gold to create, produce and distribute this advertisement. This compensation should be viewed as a major conflict with EarthLabs Media's ability to be unbiased. The video is not intended as, and should not be construed to be, an offer to sell or a solicitation of an offer to buy any security. Neither the video nor West Red Lake Gold purport to provide a complete analysis of West Red Lake Gold or its financial position. West Red Lake Gold is not, and does not purport to be, a broker-dealer or registered investment adviser. The video is not, and should not be construed to be, personalized investment advice directed to or appropriate for any particular investor. Any investment should be made only after consulting a professional investment advisor and only after reviewing the financial statements and other pertinent corporate information about West Red Lake Gold. Further, readers are advised to read and carefully consider the Risk Factors identified and discussed in West Red Lake Gold's SEDAR+ and/or other government filings. Investing in securities is speculative and carries a high degree of risk. Join the Journey Interested in becoming a part of this groundbreaking series? Contact Jonathan Brazeau, Host of EarthLabs Expeditions, to learn more about how your company's story could be the next chapter in this exciting adventure. Follow Us and Stay Connected Don't miss out on any of the action! Make sure to follow and subscribe to our social media channels for the latest updates, exclusive content, and more exciting adventures. YouTube: Twitter: About EarthLabs EarthLabs Inc. (TSXV: SPOT) (OTCQX: SPOFF) (FSE: 8EK0) is a mining investment, technology, and media company that aims to provide strategic leverage to the metals and mining sector through investments, royalties and a full suite of data-driven media SaaS tools and services including The Northern Miner, Canadian Mining Journal and DigiGeoData. For further information please contact: Jonathan Brazeau Host EarthLabs Expeditions [email protected] Neither the TSX Venture Exchange ('TSXV'), OTC Best Market "(OTCQX') nor its Regulation Services Provider (as that term is defined in the policies of the TSXV) accepts responsibility for the adequacy or accuracy of this release. Cautionary Statement on Forward-Looking Information Contained in this News Release Certain statements contained in this news release constitute forward-looking statements within the meaning of Canadian securities legislation. All statements included herein, other than statements of historical fact, are forward-looking statements. Often, but not always, these forward-looking statements can be identified by the use of words such as 'estimate', 'estimates', 'estimated', 'potential', 'open', 'future', 'assumed', 'projected', 'used', 'detailed', 'has been', 'gain', 'upgraded', 'offset', 'limited', 'contained', 'reflecting', 'containing', 'remaining', 'to be', 'periodically', or statements that events, 'could' or 'should' occur or be achieved and similar expressions, including negative variations. Forward-looking Statements involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of the Company to be materially different from any results, performance or achievements expressed or implied by forward-looking statements. Such uncertainties and factors include, among others, risks detailed from time to time in the Company's filings with securities regulators and available under the Company's profile on SEDAR Although the Company has attempted to identify important factors that could cause actual actions, events or results to differ materially from those described in forward-looking statements, there may be other factors that cause actions, events or results to differ from those anticipated, estimated or intended. Forward-looking statements contained herein are based on the assumptions, beliefs, expectations and opinions of management. Forward-looking statements are made as of the date hereof and the Company disclaims any obligation to update any forward-looking statements, whether as a result of new information, future events or results or otherwise, except as required by law. There can be no assurance that forward-looking statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, investors should not place undue reliance on forward-looking statements. Disclaimer: The information in this video is provided 'as is' without any warranty of any kind. EarthLabs Inc. and its affiliates are not liable for any damages arising from the use of this video. This video was produced by EarthLabs, which has a paid marketing agreement with the featured company. This is not financial advice. This video does not constitute an offer to sell or solicitation to purchase securities of the company or any other issuer. All statements and/or opinions expressed by third parties are solely the opinions and the responsibility of the person or entity providing those materials. Cautionary Statement on Forward-Looking Information Contained in Episode The video contains certain statements that constitute 'forward-looking statements' regarding West Red Lake Gold. Such forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause West Red Lake Gold's actual results, performance or achievements, or developments to differ materially from the anticipated results, performance or achievements expressed or implied by such forward-looking statements. Forward-looking statements are statements that are not historical facts and are generally, but not always, identified by the words 'expects,' 'plans,' 'anticipates,' 'believes,' 'intends,' 'estimates,' 'projects,' 'potential' and similar expressions, or that events or conditions 'will,' 'would,' 'may,' 'could' or 'should' view the source version of this press release, please visit
Yahoo
01-04-2025
- Business
- Yahoo
Several Insiders Invested In West Red Lake Gold Mines Flagging Positive News
It is usually uneventful when a single insider buys stock. However, When quite a few insiders buy shares, as it happened in West Red Lake Gold Mines Ltd.'s (CVE:WRLG) case, it's fantastic news for shareholders. Although we don't think shareholders should simply follow insider transactions, logic dictates you should pay some attention to whether insiders are buying or selling shares. Trump has pledged to "unleash" American oil and gas and these 15 US stocks have developments that are poised to benefit. Over the last year, we can see that the biggest insider purchase was by insider Frank Giustra for CA$504k worth of shares, at about CA$0.72 per share. That means that an insider was happy to buy shares at above the current price of CA$0.57. While their view may have changed since the purchase was made, this does at least suggest they have had confidence in the company's future. To us, it's very important to consider the price insiders pay for shares. Generally speaking, it catches our eye when insiders have purchased shares at above current prices, as it suggests they believed the shares were worth buying, even at a higher price. Happily, we note that in the last year insiders paid CA$664k for 944.40k shares. But insiders sold 102.50k shares worth CA$74k. Overall, West Red Lake Gold Mines insiders were net buyers during the last year. You can see a visual depiction of insider transactions (by companies and individuals) over the last 12 months, below. By clicking on the graph below, you can see the precise details of each insider transaction! View our latest analysis for West Red Lake Gold Mines There are plenty of other companies that have insiders buying up shares. You probably do not want to miss this free list of undervalued small cap companies that insiders are buying. There was some insider buying at West Red Lake Gold Mines over the last quarter. In that period insiders spent CA$34k on shares. But Vice President of Technical Services Maurice Mostert sold CA$10k worth. It is nice to see that insiders have bought, but the quantum isn't large enough to get us excited. Looking at the total insider shareholdings in a company can help to inform your view of whether they are well aligned with common shareholders. I reckon it's a good sign if insiders own a significant number of shares in the company. It appears that West Red Lake Gold Mines insiders own 13% of the company, worth about CA$25m. We've certainly seen higher levels of insider ownership elsewhere, but these holdings are enough to suggest alignment between insiders and the other shareholders. Our data shows a little insider buying, but no selling, in the last three months. That said, the purchases were not large. However, our analysis of transactions over the last year is heartening. Insiders own shares in West Red Lake Gold Mines and we see no evidence to suggest they are worried about the future. So these insider transactions can help us build a thesis about the stock, but it's also worthwhile knowing the risks facing this company. In terms of investment risks, we've identified 2 warning signs with West Red Lake Gold Mines and understanding them should be part of your investment process. Of course West Red Lake Gold Mines may not be the best stock to buy. So you may wish to see this free collection of high quality companies. For the purposes of this article, insiders are those individuals who report their transactions to the relevant regulatory body. We currently account for open market transactions and private dispositions of direct interests only, but not derivative transactions or indirect interests. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Sign in to access your portfolio
