Metallic Minerals CEO talks about Yukon project

The country has identified 50 billion pounds of copper reserves, 12 million ounces of gold, 25,000 ounces of silver and 250 tons of molybdenum.

The miner will also take a $770 million non-cash impairment charge.

Europe’s biggest investment bank by revenue will no longer participate in the price-setting process for gold and silver, or fixing.

Year to date shares of the operator of the giant Oyu Tolgoi copper-gold mine in Mongolia is up 21%.

In this environment, investors should stay cautious and the focus should remain on companies with strong balance sheets, top tier management teams, and projects in safe jurisdictions.

Finding could result in exceptionally pristine samples, which are ideal to produce ultrafast electronics and advanced optics.

Analysts say it could soon become one of the world’s largest producers of the precious metal.

Includes involvement of police and military forces.

If Rio Tinto and Mongolia can reach a deal on a $6bn+ expansion of the copper-gold mine it would completely transform the Asian nation's economy.