U S GLOBAL INVESTORS INC Form 13F-HR Filed 2021-08-10

Total Page:16

File Type:pdf, Size:1020Kb

U S GLOBAL INVESTORS INC Form 13F-HR Filed 2021-08-10 SECURITIES AND EXCHANGE COMMISSION FORM 13F-HR Initial quarterly Form 13F holdings report filed by institutional managers Filing Date: 2021-08-10 | Period of Report: 2021-06-30 SEC Accession No. 0001185185-21-001086 (HTML Version on secdatabase.com) FILER U S GLOBAL INVESTORS INC Mailing Address Business Address 7900 CALLAGHAN ROAD 7900 CALLAGHAN RD CIK:754811| IRS No.: 741598370 | State of Incorp.:TX | Fiscal Year End: 0630 SAN ANTONIO TX 78229 SAN ANTONIO TX 78229 Type: 13F-HR | Act: 34 | File No.: 028-02220 | Film No.: 211159119 2103081234 SIC: 6282 Investment advice Copyright © 2021 www.secdatabase.com. All Rights Reserved. Please Consider the Environment Before Printing This Document OMB APPROVAL UNITED STATES SECURITIES AND EXCHANGE OMB Number: 3235-0006 COMMISSION Expires: July 31, 2015 Washington, D.C. 20549 Estimated average burden hours per response: 23.8 FORM 13F FORM 13F COVER PAGE Report for the Calendar Year or Quarter Ended: 06-30-2021 Check here if Amendment: ☐ Amendment Number: This Amendment (Check only one.): ☐ is a restatement. ☐ adds new holdings entries. Institutional Investment Manager Filing this Report: Name: U S GLOBAL INVESTORS INC Address: 7900 CALLAGHAN ROAD SAN ANTONIO, TX 78229 Form 13F File Number: 028-02220 The institutional investment manager filing this report and the person by whom it is signed hereby represent that the person signing the report is authorized to submit it, that all information contained herein is true, correct and complete, and that it is understood that all required items, statements, schedules, lists, and tables, are considered integral parts of this form. Person Signing this Report on Behalf of Reporting Manager: Name: Lisa Callicotte Title: CFO Phone: (210) 308-1294 Signature, Place, and Date of Signing: /s/ Lisa Callicotte San Antonio, TEXAS 08-10-2021 [Signature] [City, State] [Date] Report Type (Check only one.): ☒ 13F HOLDINGS REPORT. (Check here if all holdings of this reporting manager are reported in this report.) ☐ 13F NOTICE. (Check here if no holdings reported are in this report, and all holdings are reported by other reporting manager(s).) ☐ 13F COMBINATION REPORT. (Check here if a portion of the holdings for this reporting manager are reported in this report and a portion are reported by other reporting manager(s).) Form 13F Summary Page Report Summary: Number of Other Included Managers: 0 Form 13F Information table Entry Total: 170 Form 13F Information table Value Total: 2985368 (thousands) List of Other Included Managers: Provide a numbered list of the name(s) and Form 13F file number(s) of all institutional investment managers with respect to which this report is filed, other than the manager filing this report. [If there are no entries in this list, state "NONE" and omit the column headings and list entries.] NONE Copyright © 2021 www.secdatabase.com. All Rights Reserved. Please Consider the Environment Before Printing This Document OMB APPROVAL UNITED STATES SECURITIES AND EXCHANGE COMMISSION OMB Number: 3235-0006 Washington, D.C. 20549 Expires: July 31, 2015 Estimated average burden FORM 13F hours per response: 23.8 FORM 13F INFORMATION TABLE COLUMN 1 COLUMN 2 COLUMN 3 COLUMN 4 COLUMN 5 COLUMN 6 COLUMN 7 COLUMN 8 VALUE SHRS OR SH/ PUT/ INVESTMENT OTHER VOTING AUTHORITY NAME OF ISSUER TITLE OF CLASS CUSIP (x$1000) PRN AMT PRN CALL DISCRETION MANAGER SOLE SHARED NONE ALEXCO RESOURCE CORP COM 01535P106 813 325,000 SH SOLE 0 325,000 0 ALIBABA GROUP HLDG LTD SPONSORED ADS 01609W102 143 630 SH SOLE 0 630 0 AMAZON COM INC COM 023135106 2,374 690 SH SOLE 0 690 0 AMERICAN EXPRESS CO COM 025816109 1,717 10,394 SH SOLE 0 10,394 0 ANGLOGOLD ASHANTI LIMITED SPONSORED ADR 035128206 929 50,000 SH SOLE 0 50,000 0 APPLE INC COM 037833100 2,342 17,100 SH SOLE 0 17,100 0 ARCHER DANIELS MIDLAND CO COM 039483102 758 12,500 SH SOLE 0 12,500 0 ATLANTICA SUSTAINABLE INFR P SHS G0751N103 558 15,000 SH SOLE 0 15,000 0 BARRICK GOLD CORP COM 067901108 199 9,600 SH SOLE 0 9,600 0 BARRICK GOLD CORP COM 067901108 2,068 100,000 SH SOLE 0 100,000 0 BARRICK GOLD CORP COM 067901108 353 1,000 SH Call SOLE 0 1,000 0 BARRICK GOLD CORP COM 067901108 529 1,500 SH Call SOLE 0 1,500 0 BARRICK GOLD CORP COM 067901108 793 2,250 SH Call SOLE 0 2,250 0 BHP GROUP LTD SPONSORED ADS 088606108 364 5,000 SH SOLE 0 5,000 0 BLACK STONE MINERALS L P COM UNIT 09225M101 376 35,000 SH SOLE 0 35,000 0 BLACKSTONE GROUP INC COM 09260D107 2,234 23,000 SH SOLE 0 23,000 0 CALEDONIA MNG CORP PLC SHS NEW G1757E113 303 25,000 SH SOLE 0 25,000 0 CANADIAN SOLAR INC COM 136635109 1,569 35,000 SH SOLE 0 35,000 0 CAPRI HOLDINGS LIMITED SHS G1890L107 1,029 18,000 SH SOLE 0 18,000 0 CBOE GLOBAL MKTS INC COM 12503M108 71 600 SH SOLE 0 600 0 CF INDS HLDGS INC COM 125269100 515 10,000 SH SOLE 0 10,000 0 CONOCOPHILLIPS COM 20825C104 609 10,000 SH SOLE 0 10,000 0 COSTCO WHSL CORP NEW COM 22160K105 2,407 6,084 SH SOLE 0 6,084 0 DAQO NEW ENERGY CORP SPNSRD ADS NEW 23703Q203 333 5,125 SH SOLE 0 5,125 0 DECKERS OUTDOOR CORP COM 243537107 565 1,472 SH SOLE 0 1,472 0 DIREXION SHS ETF TR DAILY FTSE CHINA 25460E521 29 2,200 SH SOLE 0 2,200 0 DIREXION SHS ETF TR DAILY GOLD MINER 25460G880 98 5,133 SH SOLE 0 5,133 0 DIREXION SHS ETF TR DAILY GOLD MINER 25460G880 194 10,109 SH SOLE 0 10,109 0 DIREXION SHS ETF TR DAILY GOLD MINER 25460G880 264 13,758 SH SOLE 0 13,758 0 DIREXION SHS ETF TR DLY JR GOLD 2X 25460G807 72 6,979 SH SOLE 0 6,979 0 DIREXION SHS ETF TR DLY JR GOLD 2X 25460G807 145 13,985 SH SOLE 0 13,985 0 DIREXION SHS ETF TR DLY JR GOLD 2X 25460G807 198 19,036 SH SOLE 0 19,036 0 DRDGOLD LIMITED SPON ADR REPSTG 26152H301 1,087 100,000 SH SOLE 0 100,000 0 ELDORADO GOLD CORP NEW COM 284902509 1,244 125,000 SH SOLE 0 125,000 0 EQUINOR ASA SPONSORED ADR 29446M102 636 30,000 SH SOLE 0 30,000 0 FERRARI N V COM N3167Y103 500 2,429 SH SOLE 0 2,429 0 FIRST TR EXCHANGE-TRADED FD GBL WND ENRG ETF 33736G106 271 12,600 SH SOLE 0 12,600 0 FIRST TR EXCHANGE-TRADED FD NAT GAS ETF 33733E807 26 1,600 SH SOLE 0 1,600 0 FORTUNA SILVER MINES INC COM 349915108 1,110 200,000 SH SOLE 0 200,000 0 FRANCO NEV CORP COM 351858105 435 3,000 SH SOLE 0 3,000 0 GLOBAL X FDS LITHIUM BTRY ETF 37954Y855 341 4,700 SH SOLE 0 4,700 0 GLOBAL X FDS MSCI GREECE ETF 37954Y319 139 5,000 SH SOLE 0 5,000 0 GOLD FIELDS LTD SPONSORED ADR 38059T106 2,225 250,000 SH SOLE 0 250,000 0 GOLDEN STAR RES LTD CDA COM 38119T807 566 200,000 SH SOLE 0 200,000 0 GOLDMAN SACHS GROUP INC COM 38141G104 114 300 SH SOLE 0 300 0 Copyright © 2021 www.secdatabase.com. All Rights Reserved. Please Consider the Environment Before Printing This Document HALLIBURTON CO COM 406216101 462 20,000 SH SOLE 0 20,000 0 HARMONY GOLD MINING CO LTD SPONSORED ADR 413216300 1,865 500,000 SH SOLE 0 500,000 0 HECLA MNG CO COM 422704106 1,116 150,000 SH SOLE 0 150,000 0 HOME DEPOT INC COM 437076102 1,395 4,373 SH SOLE 0 4,373 0 HYCROFT MINING HOLDING CORP COM CL A 44862P109 42 50,000 SH Call SOLE 0 50,000 0 IAMGOLD CORP COM 450913108 1,475 500,000 SH SOLE 0 500,000 0 INTERCONTINENTAL EXCHANGE IN COM 45866F104 150 1,260 SH SOLE 0 1,260 0 INVESCO EXCH TRADED FD TR II SOLAR ETF 46138G706 197 2,200 SH SOLE 0 2,200 0 INVESCO QQQ TR UNIT SER 1 46090E103 35 100 SH SOLE 0 100 0 ISHARES INC MSCI TAIWAN ETF 46434G772 128 2,000 SH SOLE 0 2,000 0 ISHARES TR U.S. REAL ES ETF 464287739 102 1,000 SH SOLE 0 1,000 0 IVANHOE CAPITAL ACQUISTIN CO COM CL A G4R87P114 92 9,091 SH SOLE 0 9,091 0 IVANHOE CAPITAL ACQUISTIN CO COM CL A G4R87P114 185 18,182 SH SOLE 0 18,182 0 KIMBELL RTY PARTNERS LP UNIT 49435R102 353 27,500 SH SOLE 0 27,500 0 KIRKLAND LAKE GOLD LTD COM 49741E100 1,927 50,000 SH SOLE 0 50,000 0 KKR & CO INC COM 48251W104 1,066 18,000 SH SOLE 0 18,000 0 KRANESHARES TR GLOBAL CARBON 500767678 30 800 SH SOLE 0 800 0 LAUDER ESTEE COS INC CL A 518439104 2,039 6,411 SH SOLE 0 6,411 0 LINDE PLC SHS G5494J103 578 2,000 SH SOLE 0 2,000 0 LOUISIANA PAC CORP COM 546347105 603 10,000 SH SOLE 0 10,000 0 LULULEMON ATHLETICA INC COM 550021109 570 1,563 SH SOLE 0 1,563 0 MARKETAXESS HLDGS INC COM 57060D108 93 200 SH SOLE 0 200 0 MAVERIX METALS INC COM NEW 57776F405 270 50,000 SH SOLE 0 50,000 0 METALLA RTY & STREAMING LTD COM NEW 59124U605 428 50,000 SH SOLE 0 50,000 0 MOBILE TELESYSTEMS PJSC SPONSORED ADR 607409109 502 54,200 SH SOLE 0 54,200 0 MOODYS CORP COM 615369105 109 300 SH SOLE 0 300 0 MOSAIC CO NEW COM 61945C103 638 20,000 SH SOLE 0 20,000 0 MSCI INC COM 55354G100 338 634 SH SOLE 0 634 0 NEWMONT CORP COM 651639106 228 180 SH Call SOLE 0 180 0 NEWMONT CORP COM 651639106 348 275 SH Call SOLE 0 275 0 NEWMONT CORP COM 651639106 1,708 1,350 SH Call SOLE 0 1,350 0 NEWMONT CORP COM 651639106 184 2,900 SH SOLE 0 2,900 0 NEWMONT CORP COM 651639106 3,169 50,000 SH SOLE 0 50,000 0 NIU TECHNOLOGIES ADS 65481N100 245 7,500 SH SOLE 0 7,500 0 PAN AMERN SILVER CORP COM 697900108 1,429 50,000 SH SOLE 0 50,000 0 PARAMOUNT GOLD NEV CORP COM 69924M109 165 170,000 SH SOLE 0 170,000 0 PELOTON INTERACTIVE INC CL A COM 70614W100 1,162 9,370 SH SOLE 0 9,370 0 PHILLIPS 66 COM 718546104 558 6,500 SH SOLE 0 6,500 0 PIEDMONT LITHIUM INC COM ADDED 72016P105 977 12,500 SH SOLE 0 12,500 0 PINDUODUO INC SPONSORED ADS 722304102 683 5,378 SH SOLE 0 5,378 0 POSCO SPONSORED ADR 693483109 384 5,000 SH SOLE 0 5,000 0 POTLATCHDELTIC CORPORATION COM 737630103 532 10,000 SH SOLE 0 10,000 0 PRETIUM RES INC COM 74139C102 382 40,000 SH SOLE 0 40,000 0 PRETIUM RES INC COM 74139C102 574 60,000 SH SOLE 0 60,000 0 RAYONIER INC COM 754907103 539 15,000 SH SOLE 0 15,000 0 RESOLUTE FST PRODS INC COM 76117W109 854 70,000 SH SOLE 0 70,000 0 ROYAL GOLD INC COM 780287108 377 3,300 SH SOLE 0 3,300 0 ROYAL GOLD INC COM 780287108 571 5,000 SH SOLE 0 5,000 0 S&P GLOBAL INC COM 78409V104 406 989 SH SOLE 0 989 0 SABINE RTY TR UNIT BEN INT 785688102 202 5,000 SH SOLE 0 5,000 0 SANDSTORM GOLD LTD COM NEW 80013R206 395 50,000 SH SOLE 0 50,000 0 SANDSTORM GOLD LTD COM NEW 80013R206 5,129 650,000 SH SOLE 0 650,000 0 SCHLUMBERGER LTD COM STK 806857108 384 12,000 SH SOLE 0 12,000 0 SEABRIDGE GOLD INC COM 811916105 527 30,000 SH SOLE 0 30,000 0 Copyright © 2021 www.secdatabase.com.
Recommended publications
  • Sustainability from the Ground up Eldorado Gold
    Eldorado Gold 2020 Sustainability Report Sustainability from the Ground Up Eldorado Gold About 2020 Sustainability Report This 2020 Sustainability Report (the “Report”) has been produced Other In-Country Sustainability Reporting in accordance with the requirements of the core Global Reporting In addition to this report, our Greek subsidiary, Hellas Gold S.A., Initiatives (“GRI”) standards, and includes data on Eldorado Gold publishes a GRI-aligned Corporate Social Responsibility report, and Corporation’s (“Eldorado” or the “Company”) five producing mines our Turkish subsidiary, Tüprag Metal Madencilik Sanayive Ticaret A.S., in 2020 as well as construction, development and exploration publishes a biannual magazine called Altin Sayfa (Golden Pages) projects. However, the performance data focuses on our producing that includes articles, case studies and news relevant to our Turkish assets – Kışladağ, Lamaque, Efemçukuru, Olympias and Stratoni. Data mines’ social and environmental performance during the period. represents the full 2020 calendar year and, unless otherwise noted, Our Lamaque project, Eldorado Gold Québec, produces a biannual all costs are reported in US dollars. Although the Sustainability Report information bulletin that discusses the project’s health and safety, and is not externally verified, all data and content have been prepared and environmental and social performance and programs. The bulletin is reviewed internally by our management teams and the Sustainability distributed by mail to residents of the Abitibi-Témiscamingue region of Committee of the Board of Directors. Québec, Canada. Please note that, where applicable, restatements of prior year data have been highlighted throughout the Report. Restatements occur as a result of updated or more accurate data becoming available after the publication of our previous Sustainability Report on June 25, 2020.
    [Show full text]
  • Financial Review
    Financial Review Management’s Discussion and Analysis of Financial Condition 29 and Results of Operations Management’s Responsibility for Financial Reporting 55 Independent Auditors’ Report of Registered Public Accounting Firm 56 Report of Independent Registered Public Accounting Firm 57 Consolidated Balance Sheets 58 Consolidated Income Statements 59 Consolidated Statements of Comprehensive Income 60 Consolidated Statements of Cash Flows 61 Consolidated Statements of Changes in Equity 62 Notes to the Consolidated Financial Statements 63 Board of Directors, Officers and Senior Management Team 99 Mineral Reserves 100 Mineral Resources 101 Shareholder Information 102 Corporate Information 103 Cautionary Note About Forward-Looking Statements and Information 104 28 Eldorado gold Annual Report 2014 MANAGEMENT’S DISCUSSION and ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS (MD&A) for the year ended December 31, 2014 Throughout this MD&A, Eldorado, we, us, our and the Company mean Eldorado Gold Corporation. This year means 2014. All dollar amounts are in US dollars unless stated otherwise. The information in this MD&A is as of February 19, 2015. You should also read our audited consolidated financial statements for the year ended December 31, 2014. We prepare our consolidated financial statements in accordance with International Financial Reporting Standards (“IFRS”) as issued by the International Accounting Standards Board (“IASB”). We file them with appropriate regulatory authorities in Canada and the United States. You can find more information about Eldorado, including our Annual Information Form, on SEDAR at www.sedar.com. About Eldorado Based in Vancouver, Canada, Eldorado owns and operates mines around the world. Its activities involve all facets of the mining industry including exploration, development, production and reclamation.
    [Show full text]
  • Corporate Donations Program
    Corporate Donations Program Issuers supporting the advancement of the investor relations profession in Canada Canadian Investor Relations Institute 601, 67 Yonge St. Toronto, ON M5E 1J8 CIRI.org To learn more, contact Yvette Lokker at 416-364-8200. The Canadian Investor Relations Institute’s (CIRI) mandate is to contribute to the transparency and integrity of the Canadian capital market by advancing the practice of investor relations, the professional competency of its members and the stature of the profession. OUR FOCUS Financial support through the CDP Since CIRI began in the early 1990s, we have provided ensures that CIRI can continue its professional development; resources; and issues advocacy and efforts to enhance the integrity of education to our 500 members across Canada. CIRI has been the Canadian capital markets instrumental in evolving the IR role in Canada from a tactical through research, advocacy and communications function to a strategic multi-disciplinary education of investor relations profession. professionals throughout Canada. WHY ISSUERS CONTRIBUTE At ARC we believe this is an important service to Canadian As a Corporate Donations Program (CDP) participant, your companies and institutional and company will be contributing to the advancement of the retail shareholders. investor relations profession in Canada. Your donation will be used to support the three key pillars for the advancement of IR David Carey in Canada: professional development; resources; and issues Past SVP, Capital Markets, ARC Resources advocacy and education, areas where CIRI invests more than CDP Participant Since 2009 $500,000 annually. CDP PARTICIPANTS The following issuers are committed to HOW YOU CAN MAKE A DIFFERENCE advancing the investor relations profession in Canada: Whether through a multi-year commitment or a one-time donation, your company will be recognized as a CDP Visionary participant and will be assisting CIRI in fulfilling its mandate.
    [Show full text]
  • Selected Noteworthy Exploration Sites for 2002
    TABLE 2 - SELECTED NOTEWORTHY EXPLORATION SITES FOR 2002 Location Type1 Site Commodity Company Resource2 Notes Location Type1 Site Commodity Company Resource2 Notes Africa Canada, cont. Botswana F Mupane Au Gallery Gold Ltd. 795koz Au Ontario P Lac des Iles PGE, Au North American Palladium Ltd. Extensive drilling Burkina Faso F Kalkasa Au Cluff Mining plc 470koz Au Ontario E McCreedy West area Ni, Cu, PGE FNX Mining Co. Inc. Extensive drilling Congo, Dem. Rep. of P Lonshi Cu First Quantum Minerals Ltd. 356kt Cu Ontario P Red Lake Au Goldcorp Inc. 5.2Moz Au Côte d’Ivoire E Bonikro Au Equigold NL 1.3Moz Au Ontario E River Valley PGE, Au Pacific North West Capital Corp. 1Moz PGE+Au Egypt F Sukari Au Centamin Egypt Ltd. 1.74Moz Au Quebec F Casa Berardi West Au, Cu Aurizon Mines Ltd. 1.4Moz Au Ghana F Chirano Au Red Back Mining NL 1.06Moz Au Quebec E Clearwater Au Eastmain Resources Inc. Extensive drilling Guinea P Lero area Au Kenor ASA 2.94Moz Au Quebec P Doyon Au Cambior Inc. Extensive drilling Mali P Sadiola Au Iamgold Corp. Extensive drilling Quebec P Sleeping Giant Au Aurizon Mines Ltd. Extensive drilling Mali F Segala/Takakoto Au Nevsun Resources Ltd. Extensive drilling Saskatchewan F Fort à la Corne Diamond Kensington Resources Ltd. Extensive drilling S. Africa F Blue Ridge PGE, Au Cluff Mining plc 4.6Moz PGE+Au Latin America S. Africa P Platreef area PGE, Au Anooraq Resources Corp. Extensive drilling Argentina F Esquel Au Meridian Gold Inc. Extensive drilling S. Africa E Sheba's Ridge PGE, Au Cluff Mining plc 17.4Moz PGE+Au Argentina D Veladero Au, Ag Barrick Gold Corp.
    [Show full text]
  • AI Powered International Equity ETF Schedule of Investments August 31, 2020 (Unaudited)
    AI Powered International Equity ETF Schedule of Investments August 31, 2020 (Unaudited) Shares Security Description Value COMMON STOCKS - 99.4% Argentina - 1.1% 360 Globant SA (a) $ 63,929 Australia - 3.3% 512 Atlassian Corporation plc - Class A (a) 98,182 700 Australia & New Zealand Banking Group, Ltd. - ADR 9,463 3,684 Mesoblast, Ltd. - ADR (a) 71,323 1,568 National Australia Bank, Ltd. - ADR 10,396 189,364 Belgium - 1.5% 233 Galapagos NV - ADR (a) 31,026 1,375 Materialise NV - ADR (a) 55,908 86,934 Canada - 38.0% 7,200 Alexco Resource Corporation (a) 22,248 1,089 Algonquin Power & Utilities Corporation 15,061 914 Aurinia Pharmaceuticals, Inc. (a) 13,555 12,605 Auryn Resources, Inc. (a) 24,580 1,140 B2Gold Corporation 7,684 2,052 Ballard Power Systems, Inc. (a) 34,063 1,650 Barrick Gold Corporation 48,923 132 BCE, Inc. 5,677 4,774 BlackBerry, Ltd. (a) 24,920 748 Brookfield Asset Management, Inc. - Class A 25,238 1,049 CAE, Inc. (a) 16,585 376 Canada Goose Holdings, Inc. (a) 9,208 462 Canadian National Railway Company 48,316 1,963 Canadian Natural Resources, Ltd. 38,612 146 Canadian Pacific Railway, Ltd. 43,169 1,491 Canadian Solar, Inc. (a) 48,443 1,635 Canopy Growth Corporation (a) 26,963 840 Canopy Growth Corporation (a) 13,877 2,220 Cascades, Inc. 23,607 2,744 Celestica, Inc. (a) 21,815 11 Constellation Software, Inc. 12,734 1,064 Descartes Systems Group, Inc. (a) 64,851 2,039 Dollarama, Inc. 79,600 1,597 Eldorado Gold Corporation (a) 18,238 13,136 EMX Royalty Corporation (a) 38,357 17,174 Enerplus Corporation 45,511 1,337 Fortis, Inc.
    [Show full text]
  • Fools Gold Eldorado Gold
    SO M O Fool’s Gold How Canadian firm Eldorado Gold destroys the Greek environment and dodges tax through Dutch mailbox companies SOMO March 2015 Fool’s gold | noun [U] UK 1. a yellow metal that looks like gold 2. something that you are very attracted to that you later find is not worth very much Colophon Fool’s Gold How Canadian firm Eldorado Gold destroys the Greek environment and dodges tax through Dutch mailbox companies March 2015 Authors: Ilona Hartlief, Katrin McGauran, Roos van Os, Indra Römgens Copy editor: Vicky Anning Layout: Frans Schupp Photo: Giannis Papanikos (www.demotix.com) ISBN: 978-94-6207-056-1 This publication was made possible through the financial support of the Halifax Initiative (Canada), InterPares (Canada), Mining Watch Canada and the Sigrid Rausing Trust (UK). SOMO would particularly like to thank individual supporters of this research who responded to a crowdfunding campaign. Besides a number of SOMO staff members, these are Jasper Blom, Tineke Egyedi, Rob Geurtsen, Mariska de Gooijer, Hugo Hoes, Marianne van Kalmthout, Gijsbert Koren, Lieke Ruijmschoot, Bahar Sakizlioglu, Georgios Smaragdos, David Sogge and Gemma Toppen. The content of this publication is the sole responsibility of SOMO. The authors would like to thank the following people for their substantial contributions to this report: Marica Frangakis (freelancer), Kees Hudig (freelancer), Maria Kadoglou (Hellenic Mining Watch), Karyn Keenan (Halifax Initiative), Jamie Kneen (MiningWatch Canada), Matti Kohonen (freelancer) and Theodora Oikonomides (freelancer). The following people reviewed specific sections of the report; their comments and additions were also invaluable: David Bruer (InterPares), George Chasiotis (WWF Greece), Roberta Cowen (SOMO), Rodrigo Fernandez (SOMO/University of Leuven), Christina Laskaridis (Corporate Watch), Patrick Kryticous Nshindano (ActionAid Zambia), Sol Picciotto (Lancaster University), Gerhard Schuil (SOMO) and Francis Weyzig (Oxfam Novib).
    [Show full text]
  • Technical Report Lamaque Project Québec, Canada
    Technical Report Lamaque Project Québec, Canada Project Location: Bourlamaque Township, Province of Québec, Canada (NTS: 32C/04) (UTM: 293960E, 5329260N) (NAD 83, Zone 18) Effective Date: March 21st, 2018 Signature Date: March 29th, 2018 Qualified Person Company Mr. Colm Keogh, P.Eng. Eldorado Gold Corporation Mr. Jacques Simoneau, P.Geo. Eldorado Gold Corporation Dr. Stephen Juras, Ph.D., P.Geo. Eldorado Gold Corporation Ms. Marianne Utiger, P.Eng. WSP Canada inc. Mr. François Chabot, P.Eng. Eldorado Gold Corporation. L AMAQUE P ROJECT, Q UÉBEC, C ANADA T ECHNICAL R EPORT TABLE OF CONTENTS SECTION • 1 EXECUTIVE SUMMARY ......................................................................................... 1-13 Introduction ................................................................................................. 1-13 Contributors and Qualified Persons ........................................................... 1-13 Property Description and Ownership .......................................................... 1-14 Accessibility, Climate, Local Resources, Infrastructure and Physiography .............................................................................................. 1-15 Geology and Mineralization ........................................................................ 1-15 Drilling, Sampling Method, Approach and Analyses .................................. 1-16 Metallurgical Testing ................................................................................... 1-17 Mineral Resource Estimates......................................................................
    [Show full text]
  • Eldorado Gold Year in Review 2017 About “Tomorrow, Together”
    1 ELDORADO GOLD Tomorrow, Together Eldorado Gold Year in Review 2017 About “Tomorrow, Together” “Tomorrow, Together” is a reflection of our belief that in mining the hard work of taking a project from exploration to reclamation can only be done with support from, and in partnership with, our employees, local communities and host governments. Our goal is to work with our stakeholders to build a stronger future. This 2017 Year in Review report (the “Report”) has been produced Table of Contents in accordance with the requirements of the “Core” Global Reporting Initiative (GRI) fourth generation (G4) Sustainability Reporting Guidelines, Eldorado Gold at a Glance ..................................................................1 and includes data on Eldorado Gold Corporation’s (“Eldorado” or “the Letter from the President & CEO ........................................................ 2 Company”) four producing mines in 2017, as well as its construction and development projects. However, the performance data focuses on our Our Business ................................................................................ 4 producing assets – Kışladağ, Efemçukuru, Olympias and Stratoni. As our 2017 Key Outcomes ....................................................................... 5 Lamaque site was acquired part way through 2017, its operations are not Creating Value Throughout the Mining Life Cycle ........................... 6 included in this Report unless otherwise noted. Data represents the full Our Products ...............................................................................
    [Show full text]
  • Weekly Trends
    Weekly Trends Larbi Moumni, CFA June 21, 2019 Notes from the PCS Desk Equity Market YTD Returns (%) We receive many questions on the PCS desk about a variety of topics. This week we share some of the top questions we have received recently. S&P 500 17.7 . How much should we allocate to Canada versus the US? Russell 2000 15.2 . What do you think about the Canadian REIT sector? MSCI World 15.9 . What are rare earth metals? (On China’s rare earth metals ban) S&P/TSX Comp 15.7 . What do we do with energy right now? MSCI Europe 14.0 . What is the possibility of Vermilion Energy (VET-T) cutting its dividend? MSCI EAFE 11.5 . What is your take on FANG stocks in light of the Department of Justice S&P/TSX Small Cap 9.9 (DoJ)/Federal Trade Commission (FTC) investigations? MSCI EM 9.1 . What are the team’s thoughts on TELUS amid the possibility of a Huawei 5G equipment ban? 0 10 20 . What are a few ways to play lithium? Canadian Sectors Weight Recommendation Consumer Discretionary 4.2 Underweight Consumer Staples 4.0 Overweight Energy 17.1 Underweight Financials 32.0 Market weight Health Care 2.0 Underweight Industrials 11.4 Market weight Technology 5.2 Market weight Materials 10.9 Market weight Communications 5.6 Overweight Utilities 4.3 Market weight Real Estate 3.4 Overweight Technical Considerations Level YE Target S&P/TSX Composite 16,575 15,600 17,000 S&P/TSX Top 5 Gainers/Laggards* S&P/TSX Market Internals S&P/TSX Comp 50-Day MA ELDORADO GOLD 18% Weekly Advance 154 61% 16,000 200-Day MA Weekly Decline 85 34% YAMANA GOLD INC 18% Advance-Decline 69 15,000 CRESCENT POINT 15% FORTUNA SILVER 15% New 52 wk high 26 11% 14,000 IVANHOE MINES LT 14% New 52 wk low 0 0% 13,000 NEW GOLD INC -3% No.
    [Show full text]
  • The Daily Record Is Published by TSX Inc
    The Exchange Tower, 130 King Street West Toronto, Ontario M5X 1J2 Editor Telephone: (416) 947-4655/4231 Subscriptions Telephone: (416) 947-4778 The Daily Record is published by TSX Inc. TSX Inc. does not guarantee either the completeness or the accuracy of this information. The information contained in the Daily Record is provided for infor- mational purposes only and you agree not to rely upon the information contained in the Daily Record for any trading, business or financial purpose. These sheets are printed in Canada and issued by Monday, July 20, 2015 TSX Inc. under the express condition, to which ev- eryone purchasing or making use thereof assents, that no liability shall be incurred by TMX Group or its affiliated companies or any other vendor or donor, including, without limitation, for reliance on or for The Daily Record any errors or inaccuracies in the Daily Record. This publication is under copyright. © 2015 TSX Inc. All rights reserved. Do not copy, distribute, sell or mod- ify this publication without TSX Inc.’s prior written consent. DAILY INDEX SUMMARY ––——————————————————————— DAILYTRADING ———————————————— YEAR-TO-DATETRADING ————————— ADVANCES/DECLINES————— 52 WEEK— S&P/TSX Value Trans- Value Trans- New New Capped Sectors Volume Adv/Vol Dec/Vol $ actions Volumes $ actions Traded Adv Unchg Decl High Low Cons. Discret. 5321120 1729763 3359767 206887384 31803 1089910698 44352856586 5501117 25 7 1 17 1 0 Cons. Staples 2225030 141827 2083203 92102107 14217 459836644 20546195819 2554564 10 1 0 9 4 1 Energy 43181487 0 43181487 577883443 149718 8674886468 118926066609 26215473 52 0 0 52 0 17 Financial 14732655 1429923 13302732 777708805 75842 3127292236 157500113892 13761326 25 3 0 22 0 1 Health Care 1818123 358834 458616 96341694 5839 270461971 22041906638 1078098 6 2 1 3 2 0 Industrials 11342263 2627206 8715057 298017225 40881 2407827763 50700138667 6360509 22 5 0 17 0 2 Materials 64640947 839480 63801467 630295075 194622 7444464968 87262115792 20210500 48 2 0 46 1 17 Inform.
    [Show full text]
  • Présentation Powerpoint
    A Capital Opportunity A Global Market for Mining Companies Disclaimer This document is for information purposes only. While the information herein is collected and compiled with care, neither TMX Group Limited nor any of its affiliated companies represents, warrants or guarantees the accuracy or the completeness of the information. You agree not to rely on the information contained herein for any trading, legal, accounting, tax, investment, business, financial or other purpose. This information is provided with the express condition, to which by making use thereof you expressly consent, that no liability shall be incurred by TMX Group Limited and/or any of its affiliates as a result of any errors or omissions herein or any use or reliance upon this information. 2 © 2014 TSX Inc. All rights reserved. Do not sell or modify without the prior written consent of TSX Inc. Canada and TSX: Strong Fundamentals Economically stable • Canada is the fifth largest equity market by float capitalization in the MSCI World Index • World’s soundest banking system • Lowest debt-to-GDP among G7 • Strong equity culture • ~$2.4 Trillion in market cap • $270 billion in equity capital raised in last 5 years Resource rich • World’s largest producer of zinc and uranium and major producer of gold, nickel, aluminum and lead • #1 in resource listings 3 The World Lists on TSX and TSXV TSX and TSXV International Listings by Country/Region Total International Listings as at December 31 2013= 314 TSX = 164 Listings | QMV=$151 B TSXV = 150 Listings | QMV= $2.8 B 4 The World
    [Show full text]
  • Board Shareholder Confidence Index 2015
    Board Shareholder Confidence Index 2015 Developed in spring 2003, the Board Shareholder Confidence Index comprises factors often used by active shareholders to assess Boards of Directors*. While there are other variables not in our model that contribute to the effectiveness of Boards -- including elements that can only be observed from inside the boardroom -- we capture factors affecting shareholders’ confidence in the Boards’ abilities to fulfill their duties. These factors are different from the TSX Guidelines for effective corporate governance in that they take into account the shareholders’ perception of risk. Based on factors available to those outside the walls of the boardroom, we evaluate and rank Boards of Directors by their potential to act in an effective way and by their performance, as indicated by past practices. The score is developed using four linked steps. The result is a transparent, objective, and adaptable rating system that assigns companies listed on the S&P/TSX Composite Index a score out of 150. *Please see the BSCI 2015 Methodology for further details. Sections in Report: 1 - Totals (10 pages) 2 - Individual Potential (10 pages) 3 - Group Potential (6 pages) 4 - Board Decision Output (6 pages) Joseph L. Rotman School of Management Tel: (416) 978-8998 105 St. George Street, Toronto, Ontario M5S 3E6 1/33 Email: [email protected] TOTALS Joseph L. Rotman School of Management Tel: (416) 978-8998 105 St. George Street, Toronto, Ontario M5S 3E6 2/33 Email: [email protected] 2015 Board Shareholder Confidence Index TOTALS Information on scoring can be found on our website at http://goo.gl/SCt3lU SCORE / INDIVIDUAL BOARD DECISION TICKER COMPANY 150 POTENTIAL GROUP POTENTIAL OUTPUT Maximum Deduction 0 -31 -54 -65 AAV Advantage Oil and Gas Ltd 99 -2 -11 -38 ARE Aecon Group Inc.
    [Show full text]