Mining.com
Finally Argentina means business again. The proud people of Argentina are taking their country back! Nobody knows the future, but now we have the hope that conservative Mauricio Macri will bring his country back where it belongs on the international arena. I expect that now, finally, country risk will become the huge value catalysis. From the article with Rob McEwen you can better understand what is really happening in Argentina already and how TNR Gold projects in Copper and Lithium will potentially benefit from these positive changes.
TNR Gold Los Azules Copper: New Argentina's Government Making Right Moves, Rob McEwen Says.
Energy Metals Royalty Company TNR Gold Corp. Announces Restructure of Loan.
"We are very fortunate at TNR Gold and International Lithium to have our very strong core partners who are supporting us through thick and thin. Today I am very pleased that Gary and myself are opening the new chapter in TNR Gold's history and we will move forward our Energy Metals Royalty Company business plan forward. We have managed to protect and even built new assets for all our shareholders at TNR Gold during this recent massacre in junior mining and commodities sectors.
Even if markets are not there to appreciate it we still have everything we fought so hard for: Royalty in one of the world's largest Los Azules Copper deposit in Argentina, Shotgun Gold project in Alaska and our Stake in International Lithium. We are coming back in business with TNR Gold and now we have time to monetise our assets and capitalise on the Mega Trend I am writing here about: Next Industrial Energy rEVolution powered by Lithium Technology. Electric Cars, Solar and Wind power generation and distribution are demanding a lot of Copper and Gold will not only provide the best conductivity and connections, but one day will shine as the one and only true money without anyone obligation.
Please check carefully my legal disclaimer and never make any investment decisions without consulting your qualified financial adviser. Read more."
TNR Gold Royalty: McEwen Mining Eyeing Lower Capex Development At Giant Los Azules Copper In Argentina.
And now here we go: Rob McEwen Mr Goldcorp himself is on the road to the economic recovery in Argentina and is working on the giant Los Azules Copper to make it the success story for the proud people of Argentina. I would like to use this opportunity and send my very warm regards and the best wishes for the New Year 2016 to Rob and all his Team at McEwen Mining from all of us at TNR Gold!
Please carefully read my legal disclaimer and nothing on this educational blog must be taken as an investment advice. Always consult your qualified financial adviser before any investment decisions.
International Lithium and TNR Gold: Changes in Argentine Government Policy.
Orocobre has issued a very interesting news release describing the recent changes in Argentina. I would like to use this opportunity and wish to all proud people of Argentina Merry Christmas and Happy New Year! You deserve it - take your country back now!
Please read carefully my legal disclaimer. Please be advised that NI 43-101 qualified person at TNR Gold and International Lithium has not reviewed any data provided by Orocobre and it should not be relied upon in any financial decisions. Please always consult with your preferred qualified financial adviser.
Argentina 2016 The New Frontier Of Opportunities.
Today I would like to share with you the article written by very talented member of TNR Gold Team Roberto Lara from Argentina. Proud people of Argentina are looking for a change coming to that beautiful country and this report from the ground brings the great energy of the coming spring after the very long winter. Please carefully read my disclaimer and always consult you preferred qualified financial adviser. Read more.
TNR Gold And International Lithium: Argentina Fever Is Back For Investors Who've Waited 14 Years.
I hope that this excitement will get to our companies as well one day! We are ready, we have not only saved our assets, but built new business in Argentina with Ganfeng Lithium - $2.5 Billon market cap giant from China, which is financing International Lithium Mariana J/V project in Argentina.
TNR Gold holds:
1. Royalty in giant Los Azules copper project with McEwen Mining and 1% on Sale of this project;
3. 25.5% in International Lithium, which develops J/V Mariana Lithium project in Argentina being financed by giant from China - Ganfeng Lithium.
Please carefully read my legal disclaimer and you can find all latest financial information about TNR Gold and International Lithium on SEDAR. Please never make any investment decisions without consulting with your preferred qualified financial adviser. Read more.
"Copper and Lithium become the strategic metals for the ongoing green revolution. Solar and Wind Energy and Electric Cars will drive the new demand for these metals. Solar Energy is growing very fast all over the world now. Energy Storage will be the next step to ignite this growth. This is the new focus of Elon Musk and his Gigafactory. He will introduce the home storage system based on the lithium batteries in the next few months. Copper will have its special place in this mass scale roll out of distributed energy generation systems with Wind and Solar Power. Integral part of this system - Energy Storage is getting popular now with Elon Musk Gigafactory and Warren Buffet with BYD making the headlines. These Trillion Dollar industries: Electric Cars and Energy Storage will drive the demand for Copper and Lithium in the future. Read more."
Mining.com:
Miners struggling to cut costs amid plunging metal prices just got some help from Argentine President Mauricio Macri, as he announced the government has revoked a 5% tax imposed by the previous administration on mining and energy companies.
Macri, who took office in December on a platform of repealing government intervention that scared investors away, unveiled the measure during a visit to the mining province of San Juan, state news agency Telam reported (in Spanish). He later announced it on Twitter:
"This is the end for mining taxes. We will help the sector generate more jobs."
Top gold producers Barrick Gold (TSX, NYSE:ABX) and Goldcorp (TSX:G) (NYSE:GG) as well as billionaire Ivan Glasenberg’s Glencore (LON:GLEN), AngloGold Ashanti (JSE:ANG) and Yamana Gold (TSX:YRI)(NYSE:AUY) are among the benefitted by the move.
“Eliminating export duties will have a direct benefit to the state. San Juan is one of the provinces with the largest mining resources in the country. It’s important to have a federal vision about those resources,” Jaime Berge, head of San Juan’s Mining Chamber, told Buenos Aires Herald.
Macri’s government has moved quickly to liberalize market conditions and normalize the country's economy. In only two months, the Argentine government has relaxed exchange controls and let the peso float, eliminated export taxes on mining products and lifted restrictions on the repatriation on earnings and dividends.
Argentina produces silver, gold, copper, aluminum and lead. It also has important potash and uranium reserves.
No comments:
Post a Comment