Spain

Astur Gold is developing its 100% owned Salave Gold Project in Asturias, northern Spain, which is one of the largest undeveloped gold deposits in Western Europe. In November 2012, the Company received government approval to build an underground mine. It is in the final stages of permitting.

As Spain is bailed out, with some mystery over who exactly is going to be footing the bill, we are forced to focus once again on the existential threat facing the euro: will the teenage currency make it through adolescence? Are these just growing pains or the “beginning of the end”? The possible answers, the … Continue reading

The G7, inexplicably, announced that member finance ministers would convene for a conference call this afternoon.  No other details emerged, but this seemed a bit unusual on the heels of the most recent G20 meeting a couple weeks ago.  The Wall Street Journal reports that:  “News of the conference call comes amid speculation that Spain … Continue reading

Replacing most of Europe’s colorful notes and various coins less than a decade ago, the euro is on the brink of extinction, according to Trader Tracks’ Roger Wiegand, sharing news and views of Euroland’s critical condition with Gold Report readers in this exclusive interview. Roger says the euro at $1.20 is the “line in the sand where big trouble will start. . .and that’s dangerously close.”…..

By Martin Hutchinson, Contributing Editor, Money Morning It had a huge housing boom, and is now dealing with the fallout. It has a left-of-center government and a big budget deficit, but relatively low debt in relation to its gross domestic product (GDP). And it has a worrisome current account deficit. I’m talking, of course, about … Continue reading