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Articles related to Ecuador
 
Mike Hewitt - Dollar Daze
  Hyperinflation around the Globe 
Angola (1991-1999) Angola went through the worst inflation from 1991 to 1995. In early 1991, the highest denomination was 50,000 kwanzas. By 1994, it was 500,000 kwanzas. In the 1995 currency reform, 1 kwanza reajustado was exchanged for 1,000 kwanzas. The highest denomination in 1995 was 5,000,000 kwanzas reajustados. In the 1999 currency reform, 1 new kwanza was exchanged for 1,000,000 kwanzas reajustados. The overall impact of hyperinflation: 1 new kwanza = 1,000,000,000 pre-1991 kwanzas.
Sunday, April 23, 2017
Nathan Lewis - New World Economics
  The Story of Gold Money, Past, Present and Future, by Edwin Walter Kemmerer
There aren’t a lot of good books about the gold standard — the monetary system of the world until 1971 — after WWI. There aren’t a lot before WWI either, but it starts to get pretty bad after 1920. Ralph Hawtrey’s books have some merits, but they also have too many errors to serve as a definitive source. Gold and the Gold Standard: The Story of Gold Money, Past, Present and Future (1944) is something of an exception to this pattern. Edwin Walter Kemmerer was a professor at Princeton. Wikipedia o
Wednesday, April 19, 2017
Chris Powell - GATA
Keith Barron of Fruta del Norte fame is back in Ecuador, and this is what he's up to
Exploration geologist Keith Barron is best known for discovering the colossal Fruta del Norte gold deposit in Ecuador, but if his new venture is successful he may soon have another claim to fame. Barron is now at the helm of Aurania Resources, and it won’t be long before the company begins work at the Lost Cities project, also in Ecuador. His goal is a lofty one: to find Logroño de los Caballeros and Sevilla del Oro, two settlements that produced gold during the 16th century but have since been
Friday, April 7, 2017
Nathan Lewis - New World Economics
Fixed Or Floating? Maybe Our Monetary Choice Is That Simple
A rocket scientist – he designed weapons systems for a defense contractor – once told me that monetary principles were more difficult than rocket science. The evidence supports his view: we have many rocket scientists fully capable of making rockets that fly; and few-to-none monetary experts capable of making currencies that work well. But have you ever seen a book on missile engineering? China’s first gold-based “banknotes” date from the second century B.C. They were made of deer hide. Maybe it
Monday, November 7, 2016
Dirk Masuch - Nevada Gold investor
Methodical Exploration as a hint for mining investors : Aurelian Resources’ Fruta del Norte
Though Aurelian Resources, merged into Kinross Gold, is now a story of the past there are important lessons for investors and speculators to be learned from the history of this company. The success story of Aurelian Resources is probably the best known among junior gold investors in this cycle. In 2006, Aurelian discovered the giant Fruta del Norte epithermal gold deposit in the Cordillera del Condor part of the eastern foothills of the Ecuadorian Andes. The stock went on a meteoric rise which took it from $0.60 to $40 within a few months as continued drilling confirmed the initial grades and thicknesses of more than 200 meters grading double-digit grams per ton.
Saturday, October 15, 2016
24hGold - Publicnow
Receipt of Superior Investment Proposal
22 September 2016 SolGold plc ("SolGold" or the "Company") Receipt of Superior Investment Proposal The Board of SolGold (AIM: SOLG) wishes to provide the market with an update in connection to the proposed subscription to SolGold shares equal to 10% of the issued capital in SolGold after the subscription at a price of US8 cents per share by Newcrest International (Newcrest) under a Share Subscription Agreement (Agreement) as announced in full detail on 30 August 2016 (Newcrest Subscription
Thursday, September 22, 2016
24hGold - Publicnow
General Meeting 2016
THIS DOCUMENT IS IMPORTANT AND REQUIRES YOUR IMMEDIATE ATTENTION. If you are in any doubt as to what action you should take, you are recommended to seek your own financial advice from your stockbroker or other independent adviser authorised under the Financial Services and Markets Act 2000 (as amended). If you have sold or transferred all of your shares in SolGold Plc, please forward this document, together with the accompanying documents, as soon as possible either to the purchaser or transfe
Thursday, September 22, 2016
24hGold - Publicnow
Coeur to Present at Upcoming Conferences
CHICAGO--(BUSINESS WIRE)-- Coeur Mining, Inc.'s ('Coeur' or the 'Company') (NYSE: CDE) President, Chief Executive Officer, and Director, Mitchell J. Krebs, will present at the Denver Gold Forum in Colorado Springs, Colorado on September 19, 2016 at 9:10 a.m. Mountain time. Coeur's Senior Vice President and Chief Financial Officer, Peter C. Mitchell, will participate in meetings at the Credit Suisse Global Credit Products Conference in Miami Beach, Florida on September 22, 2016. Mr. Mitchell
Thursday, September 15, 2016
24hGold - Publicnow
Maxit Capital - First Tranche Raising Share Issue Details
26 August 2016 SolGold plc ("SolGold" or the "Company") Maxit Capital - First Tranche Raising Share Issue Details Further to its previous market releases of 8 July, 1 August and 25 August 2016, the Board of SolGold Plc ("SolGold" or "Company"; AIM code: SOLG) is pleased to advise that the Company is today issuing a total of 268,819,004 new ordinary shares of 1p each ("Ordinary Shares") under a series of agreements for a total consideration of USD21,505,520 (GBP16,129,140) under the First T
Tuesday, August 30, 2016
24hGold - Publicnow
Conditional Agreement with Newcrest
30 August 2016 SolGold plc ("SolGold" or the "Company") Block Caving Gold Mine Specialist Newcrest Mining Enters Conditional Agreement to Invest in 10% of SolGold Highlights: Newcrest to subscribe for 135.708m shares in SolGold at US8 cents per share (6.07 pence for net proceeds of US$10.8m) subject to and conditional upon SolGold shareholder approval being obtained within 45 days. SolGold Board recommends the investment by Newcrest, subject to no superior proposal being received b
Tuesday, August 30, 2016
24hGold - Publicnow
Maxit Capital - First Tranche Raising Share Issue Details
26 August 2016 SolGold plc ("SolGold" or the "Company") Maxit Capital - First Tranche Raising Share Issue Details Further to its previous market releases of 8 July, 1 August and 25 August 2016, the Board of SolGold Plc ("SolGold" or "Company"; AIM code: SOLG) is pleased to advise that the Company is today issuing a total of 268,819,004 new ordinary shares of 1p each ("Ordinary Shares") under a series of agreements for a total consideration of USD21,505,520 (GBP16,129,140) under the First T
Friday, August 26, 2016
24hGold - Publicnow
SMr. Fredy Salazar, President and CEO, is pleased to announce the appointment... More...
SALAZAR ADDS JORGE ROCA ARTETA AND THOMAS KELLY TO THE BOARD VANCOUVER, BRITISH COLUMBIA, AUGUST 2, 2016 - SALAZAR RESOURCES LIMITED (TSX.V: SRL; FSE: CCG) (the "Company") - Mr. Fredy Salazar, President and CEO, is pleased to announce the appointment of Messrs. Jorge Roca Arteta and Thomas Kelly to the Board, effective immediately. Mr. Jorge Roca Arteta has a Bachelor of Arts degree (1986) from Brown University and is Alumnae from the Harvard Business School through its OPM Program (2002).
Tuesday, August 2, 2016
24hGold - Publicnow
Mr. Fredy Salazar is pleased to report that the Company has closed... More...
SALAZAR COMPLETES FIRST TRANCHE OF ROYALTY SALE VANCOUVER, BRITISH COLUMBIA, JULY 18, 2016 - SALAZAR RESOURCES LTD. (TSX.V: SRL; FSE: CCG) (the "Company") - Mr. Fredy Salazar is pleased to report that the Company has closed on the first tranche of the royalty sale announced on April 6, 2016. The Company has sold to RCF VI SRL LLC ("RCF") a 1% net smelter returns royalty ("NSR") in the Curipamba project and has received US$2,375,000. The sale to RCF of an additional 1% NSR (the "Additional Ro
Tuesday, August 2, 2016
James Howard Kunstler
Let the Games Begin! 
Hot air balloons may be crashing in Texas, but in Philadelphia last week sainted Hillary, draped in spotless white privilege robes, floated through the glassiest ceiling of all on mighty gusts of saccharine gas. The good wife… the good mother… tireless fighter for the rainbow outcasts and gender martyrs of this patriarch-plagued republic, she pledged both continuity and change to the credulous faithful as history yanked her above the gurgling ces
Monday, August 1, 2016
24hGold - Publicnow
Revised Term Sheet Private Placement to Rise up to US36.5m
SolGold plc ("SolGold" or the "Company") 1 August 2016 Execution of Revised Term Sheet for Private Placement of Ordinary Shares to Raise up to US$36.5m The Board of Directors of SolGold (AIM: SOLG) is pleased to announce that further to the 8 July 2016 press release, it has entered into a revised agreement with Maxit Capital LP (Maxit) for a private placement of up to US$36.5 million. Maxit has agreed to subscribe for up to 268.8 million ordinary shares at US$0.08 per ordinary share
Monday, August 1, 2016
24hGold - Publicnow
Dynasty Receives Forbearance Period on Vertex One Asset Management Inc. Notes
Vancouver, B.C., July 28, 2016 - Dynasty Metals & Mining Inc. ('Dynasty' or the 'Company') (TSX: DMM, OTCQX: DMMIF) received the following letter from Vertex One, the organization which provided Dynasty US$4 million in Notes in April 2015: 'We are the manager for each of Vertex Managed Value Portfolio and Vertex Enhanced Income Fund (together 'the Purchasers') with respect to certain notes (the 'Notes') purchased by the Purchasers from Dynasty Metals & Mining Inc. ('Dynasty') under which Dynas
Friday, July 29, 2016
24hGold - Publicnow
Coeur Reports Second Quarter 2016 Results
CHICAGO--(BUSINESS WIRE)-- Coeur Mining, Inc. (the 'Company' or 'Coeur')(NYSE: CDE) reported second quarter 2016 revenue of $182.0 million, net income of $14.5 million, or $0.09 per share, and adjusted net incomeof $17.3 million, or $0.11 per share. Continued cost reductions resulted in a 16% decline in costs applicable to sales ('CAS') per silver equivalent ounce ('AgEqOz'), a 21% decrease in CAS per gold equivalent ounce ('AuEqOz'), and an 11% reduction in all-in sustaining costs ('AISC') pe
Wednesday, July 27, 2016
24hGold - Publicnow
June 2016 Quarterly Production Report
27 July 2016 June 2016 Quarterly Production Report Fortescue Metals Group Limited (ASX: FMG, Fortescue) Fortescue has released its June 2016 quarterly production results, reporting shipments of 43.4 million tonnes of iron ore with cash production costs (C1) of US$14.31 per wet metric tonne (wmt), a reduction of three per cent compared to the March 2016 quarter and 35 per cent over the prior twelve months. Guidance for FY17 has also been released targeting shipments between 165-170mt and
Tuesday, July 26, 2016
24hgold
16-18 - Cascabel Hole 17 upgraded assay results

Wednesday, July 20, 2016
24hGold - Publicnow
Bravada Announces 1,200m Core-drilling Program and Signing of a Definitive Agreement for the Quito Project
July 13, 2016 Bravada Announces 1,200m Core-drilling Program and Signing of a Definitive Agreement for the Quito Project Bravada Gold Corporation ('Bravada' or the 'Company') and a wholly-owned subsidiary of Bravada have signed a Definitive Agreement with Coeur Mining, Inc. ('Coeur') (NYSE:CDE) granting Coeur an option to earn into Bravada's interest in the Quito Property ('Quito' or the 'Property') in central Nevada pursuant to an agreement between Bravada and the underlying owner of the Pr
Friday, July 15, 2016
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