China has made Electric Cars one of the strategic industries. It is at the forefront of "The War on Pollution". Now we can see the dramatic rise in sales of EVs in China and further transfer of technology will bring us the mass market in Electric Cars. Our company - International Lithium, is part of Vertically Integrated Lithium Business with our strategic partners Ganfeng Lithium from China. We are building the supply chain for the strategic commodities for this industrial revolution of the 21st century.
"Eric Wesoff reports on very interesting development in China. Boston Power is building its own Megafactory to produce lithium batteries and even the super cheap urban EV for ... $8,000. It will be the game changer for the booming market for EVs in China, where EV sales are up 320% last year. We have discussed LG Chem Megafactory before and now you can appreciate more recent move of our strategic partner Ganfeng Lithium. China is building very fast its new strategic industry - electric cars. International Lithium is the part of the vertically integrated Lithium business with Ganfeng Lithium in China."
Mr. Kirill Klip, President, International Lithium Corp. comments, "We are very excited with the ability to continue to advance our projects to the next level through our partnership with Ganfeng Lithium. Recent announcements, by General Motors regarding the commencement of production of the battery-electric Bolt and Tesla with the ongoing construction of the Gigafactory and launch of the Model X, are strong indicators that the electric car is not only here to stay, but is the way of the future. As a result lithium will be a key ingredient in our daily lives and ILC will be ready to meet the demand for this raw and critical material."
Mr. Kirill Klip, President, International Lithium Corp. comments, "We are very excited with the ability to continue to advance our projects to the next level through our partnership with Ganfeng Lithium. Recent announcements, by General Motors regarding the commencement of production of the battery-electric Bolt and Tesla with the ongoing construction of the Gigafactory and launch of the Model X, are strong indicators that the electric car is not only here to stay, but is the way of the future. As a result lithium will be a key ingredient in our daily lives and ILC will be ready to meet the demand for this raw and critical material."
We have the very positive trend for Gold with Higher Lows and Higher Highs in place after November 2014. Everything is manipulated these days, but China buying more Gold than annual production now is very encouraging. ZH reports on another easing in China, which should support Gold and Copper prices. Copper was rebounding very strongly from the oversold condition last week, China's manufacturing data was sighted as the reason and front-running of this PBOC move could be the real one. Everybody is easing these days and only FED is talking about the FED rate hike. We need Gold breaking above $1,300 to bring interest back into the Gold projects like TNR Gold's Shotgun Gold. Higher copper prices will bring more visitors to Los Azules Copper project, hopefully our partner Rob McEwen will be busy with tour guiding in Argentina this year!
"Rob McEwen was presenting at BMO Capital Markets conference this week. It is the very interesting presentation and you can find it on the McEwen Mining website. The most interesting for TNR Gold was his comment on the recent situation in Argentina. He sees "the glimmer of hope" with the coming elections in October later this year: "Producers are making their enquiries about the Los Azules Copper project and one of them is on the property now."
Please read carefully my legal disclosure and do not get very excited or make any investment decisions based on this public information from Rob McEwen. I personally think, that it is the very encouraging update from Rob on Los Azules Copper status. His view on Argentina and the changing mining landscape confirms the Yamana Gold and Goldcorp news we have discussed before. There is a long way from the any visit on the property to the signed contract, but magnitude of Los Azules Copper will speak for itself one day - you can find more information on TNR Gold website.Higher copper prices will be the catalyst here and today's news from China has ignited 2% rally in very oversold Copper. We will see soon whether it becomes the sustainable trend. As Rob has mentioned: "This is the time to look at valuations for the best projects." Read more."
"This video is from September 2014 - Jim Rickards explains in depth the Gold manipulation techniques. Can someone send it to DOJ now? It will be the total embarrassment if they will not find any criminal activity now. Read more."
How much of this rigging game in all commodities markets will see the light of the day now? Will feds prosecute the FED? Too much to ask, but the timing is very interesting now. Read more."
Do you remember range anxiety worries about this trip back in 2013? Now it is in the past in that part of the U.S. More superchargers from Tesla Motors will take away all these worries about the juice left in the battery all across North America very soon. Technology is here, we just need to make it affordable now for the mass market. Elon Musk is moving very fast with Superchargers Network in Europe and China as well now.
"If you are still wondering how to charge your electric car in Europe, please look at the map above. Talks between Tesla, BMW and Nissan about the universal access to the superchargers technology can ignite very fast growth for electric cars in the budget segment. Now we need the mass market electric car from Tesla Motors to make this rEvolution happen for real. Read more."
Mr. Kirill Klip, President, International Lithium Corp. comments, "We are very excited with the ability to continue to advance our projects to the next level through our partnership with Ganfeng Lithium. Recent announcements, by General Motors regarding the commencement of production of the battery-electric Bolt and Tesla with the ongoing construction of the Gigafactory and launch of the Model X, are strong indicators that the electric car is not only here to stay, but is the way of the future. As a result lithium will be a key ingredient in our daily lives and ILC will be ready to meet the demand for this raw and critical material."
"Kitco News speaks with Bear Creek Mining chairman Catherine McLeod-Seltzer to see how she sees the industry set up for 2015. “A lot of write-offs were taken in the industry,” she says. “But I think people are ready for a fresh start. They see reasons why metals prices have bottomed and may start to move up,” she adds. According to McLeod-Seltzer, the industry is just in a cycle and she thinks it has bottomed. “The price has been within a range quite stable, so I think that’s part of the bottoming process. And I do know that we consume 90 million ounces a year of our reserves as an industry, and we’re not replacing them,” she says, adding that prices need to move higher in order to support the struggling mining companies. Tune in for more coverage from the BMO Metals & Mining Conference. Kitco News, February 27, 2015."
Peak Gold becomes the industry theme for 2015 now.
"In order to build and sell its planned $35,000 Tesla Model 3 electric sedan, Tesla Motors must first build its lithium-ion cell "gigafactory" in Nevada and then test and validate the batteries it produces. But if the latest photos are any indication, work is proceeding rapidly on the huge facility. Photographs taken yesterday by local resident and electric-car advocate Bob Tregilus show that more of the main building is framed in and roofed. The pictures were published in Green Car Reports. It appears as though roughly one quarter of the full area of the two-story plant has now been framed and covered."
"Tesla builds Gigafactory ahead of schedule and it is the game changer for our lithium industry. Competition is already on and Apple will bring more heat with its Electric iCar to the lithium battery market and lithium materials producers are getting ready now - security of supply will be the key to the success here. International Lithium is the part of vertically integrated lithium business with Ganfeng Lithium from China as our strategic partner. Read more."
"Eric Wesoff reports on very interesting development in China. Boston Power is building its own Megafactory to produce lithium batteries and even the super cheap urban EV for ... $8,000. It will be the game changer for the booming market for EVs in China, where EV sales are up 320% last year. We have discussed LG Chem Megafactory before and now you can appreciate more recent move of our strategic partner Ganfeng Lithium. China is building very fast its new strategic industry - electric cars. International Lithium is the part of the vertically integrated Lithium business with Ganfeng Lithium in China."
"Listen to Elon Musk why "all transport, with the ironic exception of rockets, will be electric." Great conversation is covering in depth all aspects of the incredible story about Tesla Motors. From the early pain of growth and almost desperate situation in late 2008 to the Mercedes investment and Gigafactory. Tesla Model III will bring the mass market for electric cars and lower oil prices will not stop EVs. Elon looks forward to 500k of EVs produced by Tesla Motors annually by 2020 and "a few millions" after 2025. Watch the video"
Rob McEwen was presenting at BMO Capital Markets conference this week. It is the very interesting presentation and you can find it on the McEwen Mining website. The most interesting for TNR Gold was his comment on the recent situation in Argentina. He sees "the glimmer of hope" with the coming elections in October later this year: "Producers are making their enquiries about the Los Azules Copper project and one of them is on the property now."
Please read carefully my legal disclosure and do not get very excited or make any investment decisions based on this public information from Rob McEwen. I personally think, that it is the very encouraging update from Rob on Los Azules Copper status. His view on Argentina and the changing mining landscape confirms the Yamana Gold and Goldcorp news we have discussed before. There is a long way from the any visit on the property to the signed contract, but magnitude of Los Azules Copper will speak for itself one day - you can find more information on TNR Gold website.Higher copper prices will be the catalyst here and today's news from China has ignited 2% rally in very oversold Copper. We will see soon whether it becomes the sustainable trend. As Rob has mentioned: "This is the time to look at valuations for the best projects."
Argentina is coming back to radar screens now, elections this coming Fall will bring the new catalyst. Now Goldcorp is talking about its investments in the country. Chuck Jeannes tale about The Peak Gold in 2015 as well now. Read more."
"More and more good news are coming from Argentina these days. Country will face elections this year and smart money are already positioning themselves in the best undervalued projects. Nothing should be taken as an investment advise on this blog, please always do your own DD and read my full disclosure.
TNR Gold is very fortunate to have McEwen Mining as its partner at the world-class Los Azules Copper project. With lower copper prices and perception of the investment risk in Argentina all valuations were driven into the ground. The return to the mean could be potentially dramatic as well. Gold Corp will put its new mine into production in Argentina this month, Yamana is moving forward with Cerro Morro and China is solidly on the track to secure supply of commodities from Latin America. I do not know when, but Los Azules Copper will be back on the radar screens of the investors one day and its fundamentals will speak for themselves.
Now you can more appreciate the step by step approach in the development of Mariana Lihium by our J/V with top Lithium producer from China - Ganfeng Lithium. Please stay tuned for the update on our next phase development programmes. You can check more information on the links provided below and in our latest presentations on this blog. Please always consult you financial adviser before making any financial decisions, all latest financial information forTNR GoldandInternational Lithiumcan be found in the SEDAR filings and websites of the companies. Read more."
Chevy Volt 2016 looks very nice and its new range of 50 miles will increase dramatically the non gas miles driven by the Chevy Volts. Chevy Bolt will bring the whole new chapter to the electric cars mass market.
"The 2016 Volt features: -New two-motor drive unit is up to 12 percent more efficient and 100 pounds lighter (45 kg) than the first-generation drive unit -Two-motor design enables 19 percent stronger zero-to-30 mph acceleration -Battery capacity has increased to 18.4 kWh using 192 cells (96 fewer than current generation) with weight reduced by more than 20 pounds -Regen on Demand™ feature enables driver control of energy regeneration via a convenient paddle on the back of the steering wheel -New 1.5L range extender, designed to use regular unleaded fuel, offers a combined GM-estimated fuel efficiency of 41 mpg (EPA estimate pending) -Stronger body structure and quieter ride -New braking system with improved capability and blended Regen feel -New, five-passenger seating with available rear heated seats -Location-based charging capability -120V portable cord set has a simpler, compact design with more convenient storage location -Available illuminated charge port"
"Mr. Kirill Klip, President, International Lithium Corp. comments, "We are very excited with the ability to continue to advance our projects to the next level through our partnership with Ganfeng Lithium. Recent announcements, by General Motors regarding the commencement of production of the battery-electric Bolt and Tesla with the ongoing construction of the Gigafactory and launch of the Model X, are strong indicators that the electric car is not only here to stay, but is the way of the future. As a result lithium will be a key ingredient in our daily lives and ILC will be ready to meet the demand for this raw and critical material." Read more."
Argentina is coming back to radar screens now, elections this coming Fall will bring the new catalyst. Now Goldcorp is talking about its investments in the country. Chuck Jeannes tale about The Peak Gold in 2015 as well now.
"More and more good news are coming from Argentina these days. Country will face elections this year and smart money are already positioning themselves in the best undervalued projects. Nothing should be taken as an investment advise on this blog, please always do your own DD and read my full disclosure.
TNR Gold is very fortunate to have McEwen Mining as its partner at the world-class Los Azules Copper project. With lower copper prices and perception of the investment risk in Argentina all valuations were driven into the ground. The return to the mean could be potentially dramatic as well. Gold Corp will put its new mine into production in Argentina this month, Yamana is moving forward with Cerro Morro and China is solidly on the track to secure supply of commodities from Latin America. I do not know when, but Los Azules Copper will be back on the radar screens of the investors one day and its fundamentals will speak for themselves.
Now you can more appreciate the step by step approach in the development of Mariana Lihium by our J/V with top Lithium producer from China - Ganfeng Lithium. Please stay tuned for the update on our next phase development programmes. You can check more information on the links provided below and in our latest presentations on this blog. Please always consult you financial adviser before making any financial decisions, all latest financial information forTNR GoldandInternational Lithiumcan be found in the SEDAR filings and websites of the companies. Read more."
(Kitco News) - Goldcorp Inc.’s (TSX:G)(NYSE:GG) belief in operating its assets in Argentina has not wavered after the company absorbed a $2.3 billion non-cash impairment charge on its newest mine in the country.
Reporting its fourth-quarter and full-year earnings last week, the company’s Cerro Negro mine was dinged pretty hard, which set off a few alarm bells in the sector regarding Goldcorp’s willingness to look further into operating in Argentina.
Chuck Jeannes, President & CEO Goldcorp Inc.
Speaking with Kitco News at the BMO Metals & Mining Conference in Florida, Chuck Jeannes, president and chief executive officer of Goldcorp, said that the company will get through the issues in Argentina.
“Cerro Negro will be a long-term cornerstone mine for us,” Jeannes said. “I think about it the way I do our Alumbrera mine, in Argentina.
“When it was built there was the financial crisis in 1999 and 2000 with Argentina, there was a lot of angst about what that might mean and over the long term Alumbrera’s been a very successful, profitable asset,” he said. “So, we have to look at these things with the long term in mind and we’ll get through these issues in Argentina.”
Jeannes also touched on the company’s other new mine, the Eleonore mine located in northern Quebec, which he said has the potential to be Canada’s top producing mine, once it hits full production in a few years.
“We’ve got a high-grade, vertical dipping ore body – so it takes a while to ramp up, we won’t be in full production there until 2018, but it’s a beautiful mill, it’s running well,” he said.
These two new mines will add significantly to Goldcorp’s production profile in the future as the company is well positioned to generate free cash flow in 2015.
“In terms of our actual earnings, and cash flow, for the quarter, we made $350 million in cash, and the operations are doing very well,” Jeannes said. “I’m very excited about the future, as we look in 2015, we’ll be having lower cash costs and higher production.
“Combine that with basically the end of all of our capital spending and building these new mines, and we’ll be generating free cash flow.”
Click HERE to listen in on Chuck Jeannes' full interview.
"Gold Stock Analysts' keynote speaker is Jim Grant and Kitco News sits with the interest rate guru himself to see how he sees central bankers affecting gold prices this year. "My hunch is that [the Fed] will be very slow to raise its rate," he says, adding that it will prove to be difficult for the central bank this year. "I think central banks are mainly marching to the same beat of the same drummer. The drummer is of radical intervention," he says. Looking to gold prices, Grant says he is frustrated because he sees "clearly why gold ought to be doing better." He says he can't imagine how anyone can have confidence in the current doctrines of central bankers. "It seems to me that the world will eventually see that these policies are non-starters, or if they are starting they won't end well...that for me is a simple case for gold." Kitco News, February 23, 2015."
We have the breaking news for the all Gold community. Another conspiracy theory is getting under the spotlight on its way to the courtrooms. But can we actually believe that it will be different this time? Manipulation is part of the system and Central Banks are doing it all the time, will public even take notice? Gold manipulation affects all investors as the scale of FIAT currency debasement is hidden from the public. Needless to say, that when all Central banks are involved in Currency Wars Gold should act as the real store of value in the normal market circumstances. Companies like us are affected as well, when the suppressed gold price reduce the valuations of the projects and prevents us from normal access to the capital. FED is walking the very fine line now with the economy and if the rate hike will not match the investors' expectations US Dollar parabolic move will end with the sharp correction. This investigation should bring the new dynamic to the Gold market now. Read more."
"Gold is under pressure today and sliding from $1,300 level reached last week towards $1,250. Good day to check on Gold fundamentals with Chris Martenson and Gold manipulation with Chris Powell from GATA. The key to the Bull market is price action with higher lows and higher highs ... Gold is making it so far from last December. How long the manipulation by Central Banks can take its place and distort all markets and Gold primarily? China can be the answer and Jim Rickards even goes as far as suggesting that China is benefiting from this arranged manipulation accumulating all available Gold now. I do not know whether China participate in this manipulation with FED and other Central Banks, but it is definitely buying all the dips so far! Read more."
More information is coming about the Apple's project Titan. Former GM CEO is commenting on the potential move and auto-makers are getting worried. If Tesla was able to break into the auto world, how Apple can potentially disrupt it with its pile of cash, brand and talent?
Here we have the key to the potential Apple Electric iCar success - the Apple crowd. The power of Apple's brand and its loyal customers can bring us mass market for electric cars very fast. The magic formula will be 200 / 20 - 200 miles range with $20k price tag for the Electric iCar. But Apple can make people buy Electric Cars even with the higher prices!
Will Apple buy its way into Electric Cars space? Tesla is "not for sale", but they can be in some kind of partnership with Apple. Apple can outsource the whole power-train to Tesla and concentrate on the design and its brand. Another wild card in all this game is Foxconn - is it building its own electric car or will produce electric cars for Apple like iPhones and iPads?
In any case this is the great validation for the electric cars and Apple will bring the catalyst to our lithium industry. With its cash position Apple can build one of the best R&D teams in lithium batteries in the world and legal battle with A123 is the first indication of things to come.
This video is from September 2014 - Jim Rickards explains in depth the Gold manipulation techniques. Can someone send it to DOJ now? It will be the total embarrassment if they will not find any criminal activity now.
How much of this rigging game in all commodities markets will see the light of the day now? Will feds prosecute the FED? Too much to ask, but the timing is very interesting now. Read more."
We have the breaking news for the all Gold community. Another conspiracy theory is getting under the spotlight on its way to the courtrooms. But can we actually believe that it will be different this time? Manipulation is part of the system and Central Banks are doing it all the time, will public even take notice? Gold manipulation affects all investors as the scale of FIAT currency debasement is hidden from the public. Needless to say, that when all Central banks are involved in Currency Wars Gold should act as the real store of value in the normal market circumstances. Companies like us are affected as well, when the suppressed gold price reduce the valuations of the projects and prevents us from normal access to the capital. FED is walking the very fine line now with the economy and if the rate hike will not match the investors' expectations US Dollar parabolic move will end with the sharp correction. This investigation should bring the new dynamic to the Gold market now. Read more."
"Gold is under pressure today and sliding from $1,300 level reached last week towards $1,250. Good day to check on Gold fundamentals with Chris Martenson and Gold manipulation with Chris Powell from GATA. The key to the Bull market is price action with higher lows and higher highs ... Gold is making it so far from last December. How long the manipulation by Central Banks can take its place and distort all markets and Gold primarily? China can be the answer and Jim Rickards even goes as far as suggesting that China is benefiting from this arranged manipulation accumulating all available Gold now. I do not know whether China participate in this manipulation with FED and other Central Banks, but it is definitely buying all the dips so far! Read more."