Rob McEwen: McEwen Mining Live Webcast on Gold, Los Azules Copper, China and Argentina.

  

  Update: 

TNR Gold Receives Royalty From McEwen Mining On "One Of The Largest Undeveloped Copper Projects".

 

I am very pleased to report our latest development on Los Azules.

We have finally locked up the participation in this unique world-class copper  asset for the benefit of all our shareholders: Read more."

  Rob McEwen - our partner on Los Azules copper project in Argentina - has made the great presentation at Colorado. He talks about Gold, Silver and the potential value of Los Azules copper based on recent transaction with Lumina Copper buyout. Please carefully read my disclaimer and you can google this live presentation on the web, all TNR Gold information can be found on our website and always contact us to find more!

  Argentina is getting more and more attention now for its assets in mining and resources space. China's Trade Agreement backed by Currency Swap and George Soros make this story going into the headlines.

Argentina to get $1bn in currency swap with China before end of 2014

Acquisitions signal a turning market for miners. Canadian Junior TNR Gold holds back-in right into one of the largest copper deposits in the world.

"Los Azules is a unique, long-life, copper mining opportunity in Argentina," commented Kirill Klip, Non-Executive Chairman of TNR. "Recent acquisitions, which include the Las Bambas copper mining project in Peru acquired by Minmetals Group from China and the Taca Taca copper deposit in Argentina acquired by First Quantum Minerals, confirm there is significant value to be realized for projects in this region. We are pleased that large-scale, capital intensive projects like Los Azules are attracting attention from global mining companies, increasing our ability to monetize our portion of the asset."

Soros Bets Big on Argentina Shale

Please read carefully my legal disclaimer.

TNR Gold Investor Presentation March 2014 from Kirill Klip

BNAmericas:

Streaming deals wiping out mining profits - CEO 

By Samuel Williams

Royalty and streaming agreements are erasing mining sector margins, McEwen Mining CEO Rob McEwen said at a precious metals summit in Colorado.

The agreements, under which miners sell a share of future production for cash up front, have been very expensive for the sector, particularly in the current lower metal price environment, the CEO said.

"You don't get share dilution, you get your money up front, but you can't deliver anything to your shareholders," McEwen told the event. "If you assume your project has more room on the upside, you're giving away your future."

Shares of streaming and royalty companies, including Silver Wheaton and Franco-Nevada, are currently trading at levels about 50% better than mining companies, McEwen said.

Silver Wheaton has streaming agreements in place with Primero Mining's San Dimas gold-silver mine in Mexico,Hudbay Minerals' US$1.55bn Constancia copper project in Peru, Vale's Salobo mine in Brazil and Barrick Gold'sUS$8.5bn Pascua Lama project on the Chile-Argentina border, among others.

In June, US-based Coeur Mining renegotiated a gold royalty agreement with Franco-Nevada regarding its Palmarejo silver-gold mine in Mexico, which Coeur CEO Mitchell Krebs had previously described as an outsized burden on cash flow.

McEwen has the El Gallo 1 gold mine and El Gallo 2 silver project in Mexico, a 49% stake in the San José gold mine in Argentina, and the Los Azules copper deposit in Argentina, along with projects in the US. BNAmericas."

Mining.com

Chris Martenson: The Perfect Business Case - Exponential Money And Limited Resources Supply.

  "It is very important to have the right information, when we are making our investment decisions. Some people will be right some of the time. That is why it is so important that you have the maximum diversity of information. But very soon you will be overloaded with the flood of opinions, pushed agendas and hired writers. You have to develop your own trusted sources. I have few of my own, which I will share with you here. Chris Martenson is one of them. This video explains why I am personally came into TNR Gold and building International Lithium now. He lays out The Perfect Business Case - Exponential Money And Limited Resources Supply.

  There is not enough Resources for Everyone. We have Peak of Everything. Peak Oil, Peak Gold, Peak Copper. You can not print Oil, Copper, Gold or Silver. The more you print - the more valuable the limited Resources will be. The art is to find them and buy cheaper than you will be able to sell them later after de-risking the projects enough that other buyers would like to buy them. This what we do in TNR Gold and International Lithium. I will provide some links in case you are interested: Read more."

Mining.com:

INFOGRAPHIC: Here is when the world's resources will run out

"How many times have we heard humans are "using up" the world's resources, "running out" of oil, "reaching the limits" of the atmosphere's capacity to cope with pollution or "approaching the carrying capacity" of the land's ability to support a greater population? 

Studies there are many, but this infographic, posted in the popular social media site Reddit by CrazyHors3, shows you just how much is left. Mining.com."

Mining M&A: China's Top Gold Firm Talking To Barrick And Friedland As Copper Rallies.

    

  As we have discussed before, we have really Hot Winter In Argentina for mining M&A. Now Frik Els confirms "China's Top Gold Firm Talking to Barrick Gold, Has Friedland "hotline":

"China's largest gold mining company, China National Gold, is officially setting up shop in junior mining hub Vancouver this week as part of a push into new markets and its global acquisition strategy.

President Xin Song told the Wall Street Journal ahead of Wednesday's event, the Beijing-based firm is on the hunt for global acquisitions and partnerships in gold, silver and copper:

"The growing strategy is very clear, we are going out looking at things globally. On our hands we have a few opportunities, at different stages."

Song, who also chairs the China Gold Association, has not ruled out acquisitions in developed countries, such as Canada, Australia and the US, but the main focus of its expansion strategy is assets in the region including in Mongolia, Russia and countries in central Asia.

Investments in "politically stable" countries in Latin America and Africa are also being considered Song said. Mining.com"

TNR Gold: Shotgun Gold Project - Why Do We Need New Gold Deposits?

"We are working on the corporate structure now, which will allow to develop Shotgun Gold with the potential new strategic partner on J/V basis like we are doing with Ganfeng Lithium in International Lithium. You can find more information in the Shotgun Gold Project presentation below, on our website and give us a call to discuss it at any time. Read more."

TNR Gold Shotgun Gold Presentation, Alaska - April 2014 from Kirill Klip

  Gold smells Inflation and is moving higher these days, Chinese quest for resources will bring new deals into the mining M&A space and projects like Shotgun Gold will be on the radar screens of investors again. 

  Now Copper is making headlines as well and Wall Street Journal reports "Copper Prices Seen Marching Higher":

"Some investors are turning bullish on copper prices, brushing aside concerns sparked by a probe into the metal's place in China's financial system. Instead, these investors are focusing on a rebound in manufacturing world-wide, which they expect will boost copper demand broadly. Increasing consumption by factories will offset any decline in the use of copper as collateral to back loans as a result of the probe, these investors say. China is the world's biggest copper consumer and importer, though how much of the metal goes to manufacturers is unclear. WSJ."

  As you already know, my personal take on the Missing Collateral in China is Bullish for the metals:

Bullish For Metals?! Missing Collateral in China, Follow The Trail of Loans, Copper and Fraud.

"In my personal opinion, we are witnessing the same game of the rehypothecation as it is happening with FED, BIS, Investment Banks and Gold. This, actually missing metal as collateral, will be the very bullish set up for the commodities markets. After initial selling due to the margin calls and unwinding of Paper Positions in the market, Mr Market will realise that all these metal accounted for the supply and demand picture is NOT there. Industrial demand will stay in place, but Supply which was supposed to be hoarded in the warehouses is missing: the collateral was used a few times for the different transactions. Read More."

TNR Gold Los Azules Copper: Chinese M&A - Watch Out For Las Bambas Effect.

  

  "Frik Els provides a very good insight into the Chinese deal culture and mining M&A particularly. Las Bambas deal is not only the very good indicator of the turning mining cycle, but also provides guidance for the smaller companies in China to go on The Hunt For Copper and other commodities. You can witness this approach in our particular case of Strategic Commodities with International Lithium and Ganfeng Lithium as well. Read more."

TNR Gold Investor Presentation March 2014 from Kirill Klip

TNR Gold: Los Azules Copper And M&A in Argentina - First Quantum Minerals to Acquire Lumina Copper For $470 Million.

Even Golden Bubbles Are Made Of Bubbles: Bitcoin Vs. Gold - Some Thoughts And Infographic.

  

  Even Golden Bubbles Are Made Of Bubbles. I was following Bitcoin for a while ... and other 50 crypto-currencies. Once the amount of crypto-ideas about Gold 2.0 exceeded 60 - I have lost my interest. But the last Fall moment was truly historical: when Bitcoin has briefly touched parity with Gold. 

  I will leave you to your own studies on this subject, but will mention only one particular angle. Bitcoin was supposed to be the competition to FIAT currencies. Why there is such a "tolerance" from authorities in U.S. - compare to the "FED's 100 years War on Gold"? Maybe I know the answer, maybe you will find another one. Gold is finite and the Only Money accepted for thousand of years as such. It cannot be printed or created in any way apart from the very hard work to discover and recover it from the ground. Gold companies are mining the dust now compared to the 90s and new discoveries are few and far between. Bitcoin, on another side, can be manufactured at Will and there is the different opinions about the Control of this Will in Bitcoin case, but NSA will always provide you with the better substitute of Bitcoin at some point: NSAcoin. 

TNR Gold: Shotgun Gold Project - Why Do We Need New Gold Deposits?

  Some wise, but very dangerous men once said: "We will take the best out of Them, we will intrigue them by Enigma and Secret, we will make Them think that they are running the world ... but it will be Us who is really in charge." Do you see the historical parallels? "Brothers" are still in denial and Bitcoin "revolutionaries" are fighting the FED ... 

Chris Martenson: The Perfect Business Case - Exponential Money And Limited Resources Supply.

  I will encourage you to read the brilliant "Gold Price Relative To Monetary Base At All-Time Low":

"The newest edition of the annual In Gold We Trust report is out. This eight edition goes again to the heart of gold’s value and analyzes the yellow metal as a monetary asset rather than an industrial commodity. The In Gold We Trust 2014 report takes a sober look at the big picture in the monetary system and offers a holistic analysis of the gold sector. It is written by Ronald Stoeferle who is the managing partner of a global fund at Incrementum AG in Liechtenstein, based on the principles of the Austrian school of Economics. GoldSilverWorlds."

  If James Rickards is right with his "The Death Of Money", which I think is the case, than we are heading straight into the Currency Collapse at some point. The idea to test the substitutes to US Dollar and build up the opposition to the Only and True Money - Gold is very attractive. Problem is that the people with a lot of even FIAT money prefer Gold, only people with a lot of Debt are searching for Gold 2.0 - China buys Gold and encourages its citizens to do so. And as James Rickards has put it:

 

Jim Rickards‏@JamesGRickards

#Bitcoin fans are always promoting "Gold v Bitcoin" debates. I've never seen a #gold advocate do that. #RealMoneyEnvy