Chavez Eyes Venezuela’s Largest Gold Mine
December 2008 by Associated Press“Due to the financial crisis that has extended throughout the world, it’s necessary to attempt to recover our gold to increase our international reserves,” Sanz said.
The time-honored objective in recovering gold from placers has always been to discover and recover gold from the detritus of both known and unknown lodes. The traditional method to recover gold from desert dry placers was to locate and work the enriched gravels known as the “pay streak.” This pay streak was usually found directly over false or true bedrock and within the upper few inches of the bedrock itself.
I had a chance to visit the operation in person and talk with Neal. I was very impressed and I think our readers could learn a lot about building up a commercial placer operation from scratch…
A hardrock minerals lease and environmental assessment issued recently give Idaho General Mines the right to apply to explore property near 5,400-foot Goat Mountain, north and east of the Mount St. Helens National Volcanic Monument.
Spanish Civil Guards heightened a battle over a $500 million treasure of gold and silver coins from a shipwreck when they seized a vessel belonging to a Tampa, Florida company.
Platinum group metals (PGMs) have been noted at a few localities in Nevada, especially in Clark County. Unfortunately, some of these occurrences have been associated, in the past, with fraudulent schemes. The amount of PGMs found so far has not been enough for commercially important mining operations, but the mere fact that PGMs are present is worthy of note.
The Bawl Mill • Mining Journal Contest • Bullion River's French Gulch Gold Mine • Montana Tunnels Gets Final OK • Reading A River: Finding The Paystreaks—Part I • Gold Miners Hunker Down Amid Financial Storm • Lluvia de Oro—A Shower of Gold Awaiting Development in the Sierra Madre—Part II • From Hand Sluice to Dredge • Melman on Gold & Silver (2008 Year in Review) • Mining Stock Quotes and Mineral & Metal Prices