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You can hardly heave an egg on a coin bourse these days without splattering some doom-and-gloomer dolefully declaiming that the hobby and business of numismatics has started to “circle the drain.” Baby boomers, long the backbone of the trade, are slouching off toward nursing homes, and those enigmatic Generation Xers and Millennials are not replacing the departing seventy-somethings. These young people are obsessed with their glowing screens, and care not for glittering coins. The pessimistic pundit tells us that philatelists are the canaries in the numismatic coal mine: observe stamp collectors cashing out at a loss, the shrinking membership of [...]

Midland Exploration (“Midland”) (TSXV:MD) is pleased to announce the start of a new drilling program on the Patris gold property, wholly owned by Midland and currently under option by Teck Resources Limited (“Teck”) (see press release dated September 17 2013 for agreement terms). This project comprises 260 claims covering a surface area of about 108 square kilometres in La Pause and Clericy townships and is located only 30 kilometres northeast of the city of Rouyn-Noranda and less than 10 kilometres northwest of the prolific Doyon/Westwood-Bousquet-LaRonde gold mining camp. This new drilling campaign will comprise three to five short drill holes, [...]

Silver Spruce Resources Inc. (TSXV:SSE)(FRANKFURT:S6Q) is pleased to announce that it has signed a binding and exclusive Letter of Intent to purchase and explore a submittal prospect near Chinipas, in far western Chihuahua State, of over 300 hectares, where field crews sampled 8.42 grams per tonne (g/t) Gold (Au), 8.04 g/t Au and 3.95 g/t Au in chip channel samples from mineralized outcrop in late September. The Company will purchase the concession and will continue to investigate the potential of the surrounding ground for opportunities to stake additional ground that will be included in the “Encino De Oro” (“Golden Oak”) [...]

Colombian Mines Corporation (TSXV:CMJ) (“Colombian Mines” or the “Company”) is pleased to announce that the Company's name will be changed to Newrange Gold Corp reflecting its expanded focus on quality near to intermediate term production assets across multiple highly favorable jurisdictions including Nevada, Colorado and Colombia. The common shares of the Company are expected to begin trading on December 2, 2016 under the new symbol “NRG” on the TSX Venture Exchange. The Company's website is under construction and will be available shortly at domain: www.newrangegold.com Click here to connect with Colombian Mines Corporation(TSXV:CMJ) to receive an Investor Presentation. The post Colombian [...]

Blockchain technology – What is it? Latest developments – Royal Mint Gold & CME, Goldman Sachs and Santander Why do we need it? It's about value Blockchain is an extension of economics Blockchain allows us reduce uncertainty and risk How will it change your life? By @Skoylesy . Editor @MarkTOByrne For those of you who follow anything to do with blockchain and blockchain technology,  you will know that the space has had its ups and downs in the last couple of weeks. The exciting news is that two major players in the gold market, the Royal Mint and CME Group have [...]

Ulster Bank Parent RBS Fails Bank of England Stress Test “Royal Bank of Scotland (RBS)(RBS.L) will cut costs and sell assets to boost capital levels, it said on Wednesday after failing this year's Bank of England stress test, which warned of a “challenging” outlook for Britain's financial system. The state-backed lender rushed out a statement following the announcement to say it would take a range of actions, including selling off bad loans and cutting costs to make up the capital shortfall identified by the tests of around 2 billion pounds. The unexpected result underlines the litany of problems RBS is [...]

Silver price has been on the rise in 2016 after it fared poorly in 2015. Prices have increased significantly year-to-date due to a weak US dollar, Brexit results and the US Federal Reserve announcements. Silver didn't fare well in 2015 dropping drastically from $18.29 an ounce at the beginning of 2015 to $13.83 early this year. But after the US election, silver jumped to as far as $18.84 and analysts forecast a lift throughout 2017. In 2016, some of the best silver stocks on the TSX reached over 400 percent year-to-date gains. You can find them in the list below [...]

2016 is defined by big news such as the United Kingdom leaving the European Union after 43 years, Donald Trump voted 45th US President, and the US Federal Reserve holding short-term interest rates unchanged - all of which affected investors. INN spoke to Sprott US Holdings' President and CEO, Rick Rule, and we asked about his thoughts on the junior resource sector in 2016 and the year ahead, particularly on precious metals, copper, lithium and uranium. Here are some highlights of our conversation: On the recovery of the junior resource market in 2016: “The speed of the recovery, I think, had more to do with [...]

Peak Silver – Supply deficits continue meaning higher prices May have experienced a peak in world silver production Global silver market suffered another large net supply deficit in 2016 Peak silver likely as global silver production will decline to 887 million oz (Moz), down from 893 Moz in 2015 “While forecasted global silver production for 2016 is down only slightly versus last year, GFMS also stated this in their report: We estimate that mine supply peaked in 2015 and will trend lower in the foreseeable future. Declining total supply is expected to be a key driver of annual deficits in [...]

Bail in risk – €4 Trillion Italian banking system at risk as referendum looms Sunday according to Financial Times Concerns of multiple bank failures – Eight banks at risk of failure and bail ins Monte dei Paschi di Siena, third largest by assets and mid-sized banks Popolare di Vicenza, Veneto Banca and Carige and four smaller banks Italy's banks have €360 billion of problem loans Contagion poses risks to Unicredit, Italy's largest bank by assets and only globally significant financial institution Bail in risks highlight importance of deposit diversification and gold Imprudent to have all 'savings eggs' in 'bankers basket' (Copyright The Financial Times [...]