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Maya Gold & Silver (“Maya” or the “Corporation”) (TSXV:MYA) announced a production of 35,997 ounces of silver (1119 kg) during the month of November 2016 at its Zgounder silver mine in Morocco. November 2016 Operations Highlights 35,997 ounces (1119 Kg) of silver ingots were produced from 5012 tonnes of processed dry material having an average head grade of 299.7 g/t Ag; A total recovery rate of 74.48% was achieved. The silver production fell off by 8.2% over the previous month primarily due to lower concentrations of the mineralized material processed as well as a lower rate of recovery. The head [...]

Royal Mint And CME Make A Mint On The Blockchain? The last fortnight has been an exciting one in the gold and blockchain space. Earlier this week Euroclear and Paxos announced that a group which included Société Générale, Citi, Scotiabank had completed the first pilot of the blockchain-based gold trading platform as being developed by Euroclear. In Canada, the Royal Canadian Mint became the latest sovereign mint to announce a blockchain product with GoldMoney. Royal Mint Gold Sovereigns 2017 The Royal Mint in the UK had beaten the Royal Canadian Mint and GoldMoney to it by announcing at the end [...]

China Gold and Precious Metals Summit 2016 – GoldCore Presentation The China Gold and Precious Metals Summit 2016, the 11th Summit convened by the China Gold Association and the Shanghai Gold Exchange took place on December 7th and 8th and GoldCore presented at  the event and moderated an expert panel discussion. China Gold and Precious Metals Summit 2016 – Panel Discussion with Stephen Flood China's leading gold conference was attended by over 250 gold industry professionals from across the value chain including mining companies, refiners & fabricators, bullion dealers, government and private mints, exchanges, investment & bullion banks, brokerage firms, money [...]

Morumbi Resources (TSX VENTURE:MOC) (“Morumbi” or the “Company“) is pleased to announce that the Company has today completed its acquisition (the “Acquisition”) of all of the outstanding shares of American Pacific Honduras SA de CV (“AMPAC”) from affiliates of Nyrstar NV (“Nyrstar”) and assumed ownership and control of the producing El Mochito zinc, silver and lead mine in Honduras (“El Mochito”). In tandem with the completion of the Acquisition and following the receipt by Morumbi and Nyrstar of the approval of the Honduran Commission for the Defense and Promotion of Competition for the Acquisition, announced on December 16, 2016, the [...]

Greater stability and an extreme focus on quality have been the mantra for the rare coin market in 2016. As the year comes to a close we offer this short recap of the year. Auction-wise, the year started out with a bang as Heritage sold an 1894-S dime for $1,997,500 at their FUN auction. Close on the heels of that sale in terms of price was Legend Rare Coin Auction's sale of an 1879 gold Quintuple Stella pattern for $1,880,000 in May. However, two coins that did not sell made as much news as ones that did. The highly anticipated [...]

After three years of decline, silver prices have been on the rebound in 2016. A weak US dollar, Brexit results and uncertainty over the incoming US president's agenda have all impacted the precious metal prices this year. The Investing News Network reached out to a number of companies in the silver sector to get their thoughts on 2016 and on what to expect from next year's silver outlook. Impact Silver (TSXV:IPT) Investor Relations Manager, Jerry Huang, and Avino Silver & Gold (TSXV:ASM) Corporate Communications Manager, Charles Daley, were able to provide some insight. "Silver Demand Forecast And Silver Stocks To [...]

Trumpenstein ! Our Creation – Foretold 157 Years Ago The election of Donald Trump has cast the political elite around the world into a state of shock. His arrival, so soon after the titanic Brexit vote, has profoundly undermined the neo liberal political status-quo that has dominated western economies over the past 30 years. “Trumpenstein” © GoldCore What was unthinkable has become reality and the future is as uncertain as it has ever been. However, his election was foretold 157 years ago by the English philosopher John Stuart Mill. As such, the conditions and causes that ushered in the Trump era [...]

Nearly 5,000 lots greet bank note and paper money collectors at Heritage Auctions Jan. 4-10 event in Fort Lauderdale DALLAS – A trio of unique items that includes a fresh-to-market $5,000 Federal Reserve Note, a target of outlaw Jesse James and a historic collection of Confederate paper will highlight Heritage Auctions' Florida United Numismatists Currency Signature Auction's Platinum Night Jan. 4-10 in Fort Lauderdale, Florida. The notes represent just a small sample of items available from the amazing Dr. Wayne Schmalhausen Collection, the Gilmore Sem Collection and selections from the Yuri Solovey Collection, and a Private New York Collection Part [...]

  Northern Vertex Mining Corp. (TSX:NEE) commences drilling at their 100-per-cent-owned Moss mine gold-silver project located in Mohave county, Arizona. The current 3,000-meter drill campaign, which is running concurrent with the Company's ongoing Moss Mine construction and development program, is the first phase of a multi-phase drill and resource expansion program designed to further expand the Company's existing gold-silver resources. The Company has identified four high priority targets that will be the focus of the multi-phase drill program on Moss. These include the West Oatman stockwork vein target, the high-grade Old Timer East and West targets and the Western Extension [...]

Bail-Ins Coming To Italy? World's Oldest Bank “Survival Rests On Savers” The world's oldest bank and Italy's third biggest bank, Monte dei Paschi di Siena (MPS), is making a last-ditch emergency attempt as the year ends to convince tens of thousands of ordinary Italian savers to help it escape state hands. Source: Wikimedia.org MPS shares fell 8.5% in early trading this morning as the bank began its attempt to entice institutional and retail investors to snap up fresh shares.  The bank wants 40,000 retail investors and savers to take part in a complex €5 billion (£4.18bn) bailout. The Tuscan lender said it is pressing [...]