Articles related to Ecuador
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.
Friday, October 16, 2020
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.
Wednesday, April 15, 2020
Chris Powell - GATA
Venezuela urged to save itself by becoming a U.S. colony
* * * One Idea to Stop Venezuela's Downward Spiral: Switch to the U.S. Dollar By Patrick Gillespie CNN, Atlanta Tuesday, March 13, 2018 Venezuela's currency, the bolivar, lost nearly all its value last year as the country spiraled into an economic crisis. One solution gaining popularity: Get rid of the bolivar and replace it with the U.S. dollar. The idea is called dollarization. Ecuador, El Salvador, and some small island nations have done it. Now it could be coming to Venezuela, widely conside
Tuesday, March 13, 2018
Chris Powell - GATA
Australia's top gold miner boosts bets on Ecuador's riches
Australia's largest gold producer, Newcrest Mining Ltd., will invest $250 million for a stake in Lundin Gold Inc. to boost its presence in Ecuador, which is attracting a slate of mining giants hunting for major untapped metals deposits. Newcrest will take 27.1 percent of Vancouver-based Lundin Gold, which expects to bring the Fruta del Norte gold and silver mine in southeastern Ecuador into production by the end of next year. The companies will explore eight other concessions to the north and so
Monday, February 26, 2018
Rory Hall - The Daily coin
CryptoRuble Draft Bill in Russian Parliament: Not Decentralized, Not Private, 100 Cashless
As we have been saying the bankers will not allow the absolute source of their power to be taken without a major fight. We have also been screaming the whole “bitcoin” and cryptocurrency scene that has developed over the past year or so was by design and part of a much larger “assimilation program” to get as many eyes as possible on cryptocurrencies as to create a global conversation. Well done!! Worked like a charm. Way back in August 2016 we were one of the first alternative news sources that
Wednesday, January 31, 2018
Rory Hall - The Daily coin
El Petro: Beggar Thy Neighbor
We have been attempting to cover this subject but someone keeps moving the pieces. One day Maduro is announcing El Petro and three weeks later Maduro is releasing El Petro. Then the Venezuelan Parliament calls it unConstitutional but Maduro is pushing forward!! This move is followed by Maduro calling on his neighbor countries to buy in. What a mess. El Petro cryptocurrency begs the question of where the thing originated. El Petro was announced and within a few weeks it is on the market!! Think o
Thursday, January 18, 2018
Lew Rockwell
The First 30 Years of the Mises Institute, and the Future
This talk was delivered at the 30th Anniversary Supporters Summit of the Ludwig von Mises Institute, Callaway Gardens, Georgia, on October 26, 2012. What a thrill to speak to you on this happy occasion of the Mises Institute's thirtieth anniversary. I am delighted that Ron Paul and Andrew Napolitano have been able to join us for this wonderful celebration, along with our great Mises Institute faculty from universities all over the country, some of our excellent students, and some of the generous
Monday, January 1, 2018
Chris Powell - GATA
Keith Barron struck it rich in Ecuador and now is looking for the lost cities of gold
Keith Barron is deep inside a Vatican library, hunkered over a 17th century tome bound in Moroccan red leather. "The country is the richest in gold in all the Indies," reads one passage. "The natives are cannibals and very warlike, and devastated the city of Logroño de los Caballeros, massacring the Spaniards and burning the churches." A geologist by training, amateur historian and professional gold hunter, Barron is on a mission. Ecuador's two "lost cities of gold" exist only in legend and in f
Wednesday, December 20, 2017
George F. Smith - Barbarous Relic
AlphaZero for President
From KurzweilAI: Demis Hassabis, the founder and CEO of DeepMind, announced at the Neural Information Processing Systems conference (NIPS 2017) last week that DeepMind's new AlphaZero program achieved a superhuman level of play in chess within 24 hours.  The program started from random play, given no domain knowledge except the game rules, according to an arXiv paper by DeepMind researchers published Dec. 5.  “It doesn't play like a human, and it doesn't play like a program,” said Hassabis, a
Friday, December 15, 2017
Chris Powell - GATA
Did these mining giants just confirm the next gold frontier -- Ecuador
There was a breakthrough deal in the Tanzania gold sector late last week, with major miner Barrick agreeing to pay the government $300 million and surrender a 16-percent stake in operations in order to end an impasse that's halted production. But experiences like that aren't going to encourage further investment in places like Tanzania, with news this week suggesting that the world's top gold miners are looking to a new spot for growth projects: Ecuador. That nation's mining minister, Javier Cor
Tuesday, October 24, 2017
Richard Mills - Ahead of the Herd
BacTech Environmental: Green Gold Processing Technology Addresses Artisanal Mining and ARD Problems
Every year millions of small-scale miners toil in the baking sun, collecting and breaking rocks with the goal of extracting small amounts of gold - enough to make a living in some of the most impoverished corners of the world. Most of these “mines” are illegal and unregulated. The problem of artisanal mining is so widespread, it is estimated as many as 30 million people, many of them women and children, work in this hard-scrabble industry. Mercury is used to recover min
Friday, September 1, 2017
Andy Hoffman - Miles Franklin
PiMBEEB-A-LOOZA Statistics That Will Blow Your Mind!
Despite being extremely adverse to near-term “predictions,” I have lately been as vehement, and persistent, as ever in stating that this is, in my very strong view, the best Precious Metal buying opportunity of our lifetimes – particularly, now that the COMEX “commercials” have reduced their (naked) gold and silver short positions to their lowest levels since Precious Metals’ ultimate bottom in December 2015. Frankly, the only comparable situation I can recall is the bottom of the Cartel-orchest
Tuesday, July 18, 2017
Mac Slavo - ShtfPlan
“Socialism Has Produced Some Very Powerful Millionaires”: As Venezuelans Starve In The Streets, The Elites Party On
It’s always funny to debate socialists on the merits of their ideology. If you point to a country like Venezuela, and say “See! This is what socialism leads to,” they’ll no doubt claim that it isn’t a real example of socialism. But if you went back in time by just a few years, you’d find that their perception of Venezuela was quite different. Celebrities like Sean Penn, Oliver Stone, and Danny Glover praised the regime not too long ago, as did intellectuals like Noam Chomsky. Six years ago, Bern
Wednesday, June 21, 2017
Mac Slavo - ShtfPlan
A Cataclysm Awaits Us: Experts Warn Of “Worst Case Scenarios” Unfolding With “Danger Zone” From Summer Through November
This report was originally published by Stefan Stanford at These Staggering Facts Prove A Cataclysm Awaits Us – Experts Warn Of ‘Worst Case Scenarios’ Unfolding With ‘Danger Zone’ From Summer Through November According to Saturday’s story from ‘Tyler Durden’ over at Zero Hedge, nearly 1 out of every 4 American adults are unable to pay their monthly bills in full with 25% of adults skipping medical treatments due to their expense while 28% of US adults have no retirement savi
Monday, May 29, 2017
The Energy Report
Don't WaverHard Asset Bull Market Still Intact
The severity of the commodities bear market from 2011–2015 makes Matt Geiger, managing partner at MJG Capital, confident that the current hard asset bull market will last into 2019 and quite possibly longer. In this interview with The Gold Report, Geiger discusses commodities he is especially keen on right now and several companies that he expects to perform well. The Gold Report: Your firm, MJG Capital, invests exclusively in natural resources. What is
Thursday, May 18, 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
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