Recent News

Consol's conveyor calamity

July 30, 2012 / www.mining.com

A 'structural failure' to the above-ground conveyor belt at Consol Energy's mine and preparation plant in Pennsylvania has the company reporting that "coal from the Bailey and Enlow Fork mines could be fully impacted for the next two weeks."The conveyor, which collapsed over the weekend, is a series of belts that brings coal from the Enlow Fork and Baily mines to the plant. If, as the company sug...Read More

Funeral company brings fresh meaning to the phrase 'diamonds are forever'

July 30, 2012 / www.mining.com

A US company is providing a novel new service to the recently bereaved by converting the remains of deceased loved ones into one of the world's most imperishable substances - genuine diamonds. Illinois-based LifeGem can transform the cremated remains of the recently deceased into authentic diamonds for prices ranging from $3,000 to over $25,000 depending upon the carat quality. A $3,000 payment c...Read More

Equinox purchases the remaining 60% interest in Copper Queen property

July 30, 2012 / www.mining.com

VANCOUVER, BRITISH COLUMBIA-(Marketwire - July 30, 2012) - Equinox Exploration Corp. (TSX VENTURE:EQX) - As provided under the terms of the agreement announced May2, 2012, for consideration of $275,000, Equinox has purchased the remaining 60% interest in the Copper Queen property, a 353.7 acre tract of 26 Federal patented mining claims on private land immediately adjacent to the Binghampton Proper...Read More

Indian miners accuse government of causing artifical iron ore shortage

July 30, 2012 / www.mining.com

India's merchant miners have accused the Indian government of creating an 'artificial' shortage of iron ore via the imposition of high export duties and freight charges. The Federation of Indian Mineral Industries (FIMI), India's leading industry body representing the interests of its merchant miners, levied the accusations against both the state and central governments in a letter to the financ...Read More

The Euro Was a Terrible Idea: Let Us Salvage It and Make It Worse

July 30, 2012 / www.thedailybell.com

Only Mario Draghi's ECB can avert global calamity before the year is out ... Mario Draghi has promised the moon. The European Central Bank's council had better deliver on his pledge this week. If it does not, the crisis will surely escalate out of control in August or soon after. - UK TelegraphDominant Social Theme: Inflate or die.Free-Market Analysis: Ambrose Evans-Pritchard is growing gr...Read More

Modern Banks and Banking Are Terrible!

July 30, 2012 / www.thedailybell.com

The Good Book tells us there's more joy in heaven over one sinner who repents than over 99 good folk who've never strayed from the path of virtue. That being the case, the angels upstairs must be singing the Hallelujah Chorus these days over the return of Sanford I. Weill, a Wall Street legend, to the ranks of the righteous ... In a television interview last week, Weill allowed that repeal...Read More

FONG FONG - DMC WORLD CHAMPION

July 30, 2012 / www.youtube.com

DMC Online World Champion 2012https://www.facebook.com/DJFongFonghttps://www.instagram.com/djfongfongRead More

Andr Gaumond | Site Restoration

July 30, 2012 / www.youtube.com

The environment is a central concern of the mining industry. This is why since 2007 many firms have decided to do their part to clean up abandoned sites in Nunavik.Virginia Mines President Andr Gaumond tells us why he and other players in the industry decided to launch and become involved in the Fonds Restor-Action Nunavik initiative.Read More

Michael Levy interviews Doug Casey

July 30, 2012 / www.youtube.com

Border Gold's Michael Levy sits down with Doug Casey.Read More

Silver Prices Ready for QE3

July 30, 2012 / moneymorning.com

Recenteconomic data might be enough to get the U.S. Federal Reserve to finally committo more stimulus measures, which in the past has delivered a good run for silver prices. TheUnited States last week reported economic growth of just 1.5% for the secondquarter of 2012, down sharply from the rates posted for the previous twoquarters. Asa result, the Dow JonesIndustrial Average jumped as traders ant...Read More

Vote for Silver!

July 30, 2012 / silverstockreport.com

Many investors are waiting to make decisions after the election. Investors can afford to wait. But the financial status of the USA is not likely to really change, and monetary inflation will continue."Money is the most important subject intellectual persons can investigate and reflect upon. It is so important that our present civilization may collapse unless it is widely understood and its defec...Read More

Oil Prices: Three Factors to Watch this Week

July 30, 2012 / moneymorning.com

Oil prices took a breaktoday (Monday) from their four-day streak of gains. Crude for September delivery ended 35 cents lower, or 0.4%, to $89.78 abarrel on the New York Mercantile Exchange. Butthere are a few catalysts that could propel energy higher this week. Therecent resurgence in oil prices - up about 14% in the past month - has trickledto prices at the pump, too.Forthe third consecutive week...Read More

Central Bank Meetings Loom Over Stock Market Today

July 30, 2012 / moneymorning.com

The stockmarket today sank lower at the open after stimulus expectationsfueled a rally Friday. TheU.S. Commerce Department reported Friday that second-quarter gross domesticproduct (GDP) expanded at a 1.5% rate, which was slightly higher thanestimates, but still far too slow to keep up with inflation.Investorsaccepted the number as more ammunition for the Fed to make QE3 a reality when the Federal...Read More

Silver about to rally 10%....(Update)

July 30, 2012 / kimblechartingsolutions.com

CLICK ON CHART TO ENLARGEThe Power of the Pattern reflected on 7/19 in the above chart, that Silvers pattern suggested an upside breakout was close at hand and a rally of 10% could take place on an upside breakout (see post here).Below is an update on Silver ETF (SLV)CLICK ON CHART TO ENLARGEAs mentioned above, SLV has had a rough year plus, falling over 40%. SLV is breaking above short-term fall...Read More

Mail on Sunday: How Can Savers Safeguard Their Cash?

July 29, 2012 / www.bullionvault.com

LONDON, 29 July 2012 - BullionVault today features in the UK Mail on Sunday's widely-read financial pages as "the world?s biggest marketplace where private savers trade physical gold and silver". With a circulation of 1.8 million copies, today's Financial Mail on Sunday calls BullionVault "the secure online platform". It is seeing "brisk" business, the newspaper reports, from UK savers anxious to...Read More

New Beginnings (July 30, 2012)

July 29, 2012 / fifighter.com

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Fender Excelsior Amplifier

July 28, 2012 / www.youtube.com

This is the Fender Excelsior Amplifier Guitar Amplifier. It can also be used for Harmonica or Accordion.It's a 13 watt tube/valve amplifier with 2 x 6V6 tubes and 2 x 12AX7 Tubes.The stock tubes do rattle so take them out and put in some good ones. :)This demo features the original tubes.I am playing my Fender Telecaster guitar with Joe Barden pickups.The amplifier has a volume, tremolo and bright...Read More

Iron ore's $120-price floor theory unravels

July 27, 2012 / www.mining.com

Iron ore prices fell again on Friday with the benchmark import price of 62% iron ore fines at China's Tianjin port dropping almost 1% to $116.20 a tonne, down 14% since the start of July and well below the $175.40 a tonne the steelmaking ingredient was trading at this time last year.Chinese import prices - the country is responsible for consuming 60% of the world's iron - are now the lowest sinc...Read More

Sepro Mineral Systems Corp. supplies milling and gravity circuit to Hemco Nicaragua SA

July 27, 2012 / www.mining.com

Sepro Mineral Systems Corp has been awarded a contract by Hemco Nicaragua SA, Nicaragua's second largest gold producer, to supply a Milling and Gravity Recovery Circuit for the company's operation in the municipality of Bonanza in north-eastern Nicaragua.The order includes a Falcon SB-5200B gravity gold concentrator, a 2.1m x 4.9m Sepro-Sizetec single deck vibrating screen, a Sepro 2.1m x 6.0m tir...Read More