Precious Metals Market Manipulation?

Precious Metals Market Manipulation?

GUEST COMMENTARY–Doug Casey, Casey Research  For many years now, a meme has been floating around that the prices of gold and silver are being manipulated, which is to say suppressed, by various powers of darkness. This is not an unreasonable assertion. After all, the last thing the monetary powers-that-be want is to see is the price of gold skyrocketing. That would serve as an alarm bell, possibly... [Read more...]

Iceland wants to swap the Krona for the Canadian Loonie: No Surprise

Iceland wants to swap the Krona for the Canadian Loonie: No Surprise

COMMENTARY–ProspectingJournal.com–Few were hit by the voracity of the 2008 financial collapse like Iceland was. In the chaos that ensued, Iceland’s local currency, the krona, saw its value deplete to a fraction of what it once stood for. This was accompanied by a total meltdown of Iceland’s entire banking sector, one that had its roots in lump sums of foreign debt. Such is the size... [Read more...]

Oxide Copper Targets to be Reviewed by Geological Team Including Independent Consultant

NEWS–VANCOUVER, BC, May 16th, 2012. Canyon Copper Corp. (“Canyon” “Company”) (TSX-V: CNC) (OTCBB: CNYC) is pleased to announce that it has commissioned a visit to the Moonlight and New York Canyon Properties both located on the famous Walker Lane mineral belt.  A team of Canyon’s senior geologists with an independent consultant will be looking in some detail at the properties with... [Read more...]

Commodities take a Tumble: A Crisis of Excess

Commodities take a Tumble: A Crisis of Excess

COMMENTARY–ProspectingJournal.com– Commodities have taken a miserable tumble as a combination of forces act in synchrony and weigh down on global prices. On the one hand you have an unresolved Greek debt crisis to which there seems no end. President Karolos Papoulias has only today announced that Greece will yet again return to elections. It gives rise to the very serious possibility that... [Read more...]

Canada’s Athabasca Basin to Profit from Unquenched Demand for Uranium

Canada’s Athabasca Basin to Profit from Unquenched Demand for Uranium

COMMENTARY–ProspectingJournal.com– Early in 2012, two rapidly mobilizing economies put aside their differences and agreed on a deal that would see Canada supply China with 52 million pounds of uranium by 2025. It spoke volumes about the vast energy resources at Canada’s disposal; that Canada’s beacon for growth in the 21st century is provided by means well beyond Alberta’s oil sands.... [Read more...]

“Playfair = Tungsten = Opportunity”: Critical Exploration for A Critical Metal

ANALYSIS—Prospectingjournal.com—Tungsten is a hard, white metal with physical properties that are next to impossible to substitute. With the highest melting point and the greatest tensile strength of all elements, this “critical metal” is an essential component in a wide number of industries. It’s irreplaceable in mining equipment, where it reinforces the durability of drills. Armour-piercing... [Read more...]

Endeavour Mining Discovers New Oxide Zones at Nzema Gold Mine

NEWS–Vancouver, May 10, 2012 – Endeavour Mining Corporation (“Endeavour”) (TSX:EDV, ASX:EVR, OTCQX:EDVMF) is pleased to announce the discovery of new zones of gold bearing oxide mineralization within the Salman Trend at the 90% owned Nzema Gold Mine in Ghana. Oxide mineralization was intersected in wide spaced traverses of Reverse Circulation (RC) drilling across the former... [Read more...]

The Implications of a Massive Potash Surplus: Picking Strategic Juniors

The Implications of a Massive Potash Surplus: Picking Strategic Juniors

COMMENTARY–ProspectingJournal.com–With the population of hungry, middle-class consumers rapidly expanding, there is no doubt a growing necessity to improve crop yields and increase agricultural efficiency worldwide. And thus there is a degree of certainty behind the belief that we will only continue to increasingly rely on the use of fertilizers in agriculture. Few can doubt that in the... [Read more...]

Endeavour Mining Delivers Strong First Quarter Results Including 49,531 ozs Gold Produced

NEWS–GEORGE TOWN, Cayman Islands – Endeavour Mining Corporation (“Endeavour” or the “Corporation”) (TSX: EDV) (ASX: EVR) (OTCQX: EDVMF) is pleased to report the financial and operational results for the first quarter of 2012.  Endeavour’s two operating mines exceeded guidance by producing 49,531 ounces during the quarter at a cash cost (excluding royalties)... [Read more...]

Marifil signs purchase agreement for K-5 and K-6 potash properties

NEWS–Vancouver, B.C. – May 8, 2012, MARIFIL MINES LTD. (MFM: TSX-V) (“Marifil” or “the Company”) announces it has signed a definitive purchase option agreement for the K-5 and K-6 potash claims in Neuquen Province, Argentina. The property comprises 19 MD’s (Manifestationes de Descubrimento) or mining claims totalling 52,172 hectares.  These claims cover both the K-5 and K-6 potash... [Read more...]

The Looming Eurozone Crisis could Spell more Gold

COMMENTARY–ProspectingJournal.com– The price of gold took a slight dip in the wake of Europe’s election mayhem on Sunday. Regardless, there was a telling uptick in safe-haven demand for the metal. Look no further than Europe to realize why that might be. Europe is in tatters, to say the very least, and there are growing signs to suggest that Greece was only a mere appetizer. The European... [Read more...]

Is an Economic Deluge Nigh?

Is an Economic Deluge Nigh?

GUEST COMMENTARY–David Galland, Casey Research– If history has taught one certain lesson, it is that the less fettered an economy, the better humankind is able to do what it does best: run from trouble and run toward opportunity. In this way mistakes are quickly resolved and progress assured. Conversely, the deeper the muck of regulation, mandates, taxes, subsidies and other bureaucratic meddling,... [Read more...]

Endeavour Mining To Release Q1 Results On May 8, 2012

NEWS–MONACO – Endeavour Mining Corporation (“Endeavour”) (TSX: EDV) (ASX: EVR) (OTCQX: EDVMF) will release its financial results for the quarter ended March 31, 2012 on Tuesday, May 8, 2012 after the close of the TSX market. Management will host two conference calls to discuss the Q1 results, at times convenient for the Australian and North American time zones.  Both conference... [Read more...]

Indonesia Implements Export Taxes on Miners: The Investment Exodus

Indonesia Implements Export Taxes on Miners: The Investment Exodus

COMMENTARY–ProspectingJournal.com– What was once a prominent mining destination is perhaps not so much anymore. Last month Indonesia surprised many of us when it declared Government Regulation No. 24, a rule that would compel all foreign mining companies to sell majority stakes in their mining operations to locals. Compounding matters, today Indonesia announced it would start imposing a 20 percent... [Read more...]

Providence Resources Commences Trading on OTCQX Under the Symbol “PRVSF”

NEWS–Vancouver, B.C., May 3, 2012– Providence Resources Corp. (TSX-V: PV, OTCQX: PRVSF) (“Providence” or the “Company”) is pleased to announce that its common shares will commence trading on the OTCQX marketplace, the premier tier of the OTC Markets, under the symbol “PRVSF” effective today May 3rd, 2012. As part of the OTCQX process, Providence Resources... [Read more...]

India’s Coal Industry: Persistent Mistakes Proving a Recipe for Solar Power

India’s Coal Industry: Persistent Mistakes Proving a Recipe for Solar Power

COMMENTARY–ProspectingJournal.com– The growth and development of India is often overshadowed by the ever-present raucous of China. But make no mistake, this is a country that boasts a middle class larger than that of the United States and with a growth rate that until recently posted double digits. An overwhelming demand for energy has compelled India to become a mammoth-like producer of... [Read more...]

Endeavour Expands Nzema Sulphide Program and Initiates Preliminary Economic Assessment

Endeavour Expands Nzema Sulphide Program and Initiates Preliminary Economic Assessment

NEWS–MONACO – Endeavour Mining Corporation (“Endeavour”) (TSX:EDV, ASX:EVR, OTCQX:EDVMF) is pleased to report the expansion of the sulphide drilling program at its 90% owned Nzema Gold Mine following review of drilling results to date, the delivery of the Conceptual Trade-off Study by AMEC Minproc Limited and initial metallurgical testwork completed at SGS Australia Mineral... [Read more...]

Marin Katusa vs. Porter Stansberry on Oil Prices

Marin Katusa vs. Porter Stansberry on Oil Prices

GUEST COMMENTARY–Marin Katusa, Casey Research At the latest Casey Research conference, respected investment analyst Porter Stansberry stood at the podium and predicted that the price of oil will fall below US$40 per barrel within the next 12 months. Part of his reasoning revolves around the impact that the shale gas revolution has had in the United States – he believes a similar thing will happen... [Read more...]

Providence/Eagle Plains Announce Airborne Gravity Geophysical Survey Results

NEWS–Vancouver, B.C., May 2, 2012: Providence Resources Corp. (TSX-V: PV, OTCQX: PRVSF) (“Providence” or the “Company”) and Eagle Plains Resources Ltd. (TSX-V:EPL) are pleased to announce receipt of results from property scale airborne gravity gradiometer geophysical survey carried out over their Iron Range JV project located near Creston British Columbia (see Fig. 1).... [Read more...]

Marifil Hires Fertilizer Executive Dr. Robert Rennie

Marifil Hires Fertilizer Executive Dr. Robert Rennie

NEWS–VANCOUVER, B.C. — MAY 1, 2012, MARIFIL MINES LTD. (MFM: TSX-V) (“Marifil” or “the Company”) announces it has signed a consulting services agreement with Dr. Robert J. Rennie to assist the Company in its planned spin out of its potash, sulfur, and phosphate programs in Argentina into a separate publicly traded company. Dr. Rennie received a PhD. in Soil Microbiology... [Read more...]

Coronet Metals Completes Baseline Study in Peru

GUEST COMMENTARY–metalinvestmentnews– Peru’s Government has assured farmers surrounding the $4.8 billion Conga Gold Mine, that Newmont Mining (NEM-NYSE) is intent on improving its environmental mitigation plan. Peruvian President Ollanta Humala is seeking assurances that highland lakes will not be dried up and that Newmont will provide employment, education, irrigation canals and drinking... [Read more...]

Iamgold Corp. Acquires Trelawney Mining: An Opportune Strategy towards Stability

Iamgold Corp. Acquires Trelawney Mining: An Opportune Strategy towards Stability

COMMENTARY–ProspectingJournal.com–At Iamgold Corp. (IMG-T) there was always a lingering inevitability about last Friday’s acquisition announcement. The company had announced it would pay C$585 million to acquire Canadian gold junior Trelawney Mining (TSX-V:TRR), in effect giving Iamgold full control of Trelawney’s flagship project, the Cote Lake deposit in northern Ontario. The acquisition... [Read more...]

Marifil Appoints New Interim Chief Financial Officer

NEWS–VANCOUVER, B.C. – APRIL 30, 2012, MARIFIL MINES LTD. (MFM: TSX-V) (“Marifil” or “the Company”) is pleased to announce the appointment of Mr. Roger Foster to the position of Interim Chief Financial Officer (CFO) of the Company, effective as of April 30, 2012. Mr. Foster is replacing former CFO Mr. Matt Fowler. Mr. Foster graduated from Simon Fraser University... [Read more...]

Strong Drilling Results from Endeavour Mining’s Youga Gold Mine

Strong Drilling Results from Endeavour Mining’s Youga Gold Mine

NEWS–MONACO–Endeavour Mining Corporation (“Endeavour”) (TSX:EDV, ASX:EVR, OTCQX:EDVMF) is pleased to report positive results from the ongoing exploration programs along the Brassiere Trend at its Youga Gold Mine in Burkina Faso.  Drill intercepts from the southern extension of the Zergoré deposit on the Brassiere Trend included YZRC‐201 with 42 metres (m) of 3.4 grams... [Read more...]

Credence Copper Revival: Junior Teaches Old Arizona Mine New Tricks

Credence Copper Revival: Junior Teaches Old Arizona Mine New Tricks

ANALYSIS—ProspectingJournal.com—Despite the effects of erratic markets, now driven by debt headlines and reports of cooling Chinese demand , copper is holding steady. The reason is simple: the commodity with the “PhD in Economics” plays an integral role as our wired society’s nervous system. One look at cu’s five-year spot price illustrates this resilience, not to mention the possibility... [Read more...]

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