Articles
In the world of mining exploration, there are big discoveries, there are unexpected discoveries, and then there are game changing discoveries like Iska Iska. The silver-tin polymetallic project (featuring zinc, lead, silver, and tin) in the Potosi Department in southwestern Bolivia has the potential to be one of the largest bulk tonnage operations in the world.
Rising interest rates, sky-high inflation, and concerns of a looming market recession are all weighing on investors’ minds. It’s an environment that has left many looking to dial down equity market risk. Many investors want the growth potential that the equity market can provide, but do not want to take on full equity market risk in their portfolios. To reduce the day-to-day volatility that can come from the equity market, investors may want to consider an investment with an explicit level of downside protection.
The Fenn Gibb gold project, located in the Timmins Gold Belt, has been a misunderstood orphan asset for quite some time, having moved from company to company on many occasions since the early 1990s. It was first discovered by Pangea Goldfields, which was later bought by Barrick Gold. Barrick then sold the property to Lake Shore Gold. Soon afterward Tahoe Resources took control, and in turn, was acquired by Pan American Silver.
Currently, Marimaca plans on developing the mine themselves, but as Locke acknowledges, “There's a high degree of interest in this project, so investors will make the decision whether or not to leave production in our hands or give it to someone else.”