China Closing More Than 1,000 Mines
August 2016 by Chris RalphIt was only a few years ago that China was taxing and limiting quantities of exports for rare earths in an effort squeeze the market, drive up prices and extract the most in the way of income.
My partner had the contacts and it wasn’t long before we had an agreement in place and the company had a geologist on site. I recall a time when he was getting the lay of the land, so to speak, and he broke off a rock sample and inspected it with his magnifier.
While much attention in northern Alberta has been focused on the rapidly growing “oil sands,” another story of particular interest to the mining community has been taking shape virtually unnoticed in the same region.
This was no ordinary nugget. It had not traveled very far from its nearby source, and that did mean a lot, as we were searching for the source of several such nuggets found during a gold rush that occurred in 1859.
The mine will be open for public tours Saturday and Sunday afternoons beginning August 24, lasting into the fall and winter as weather permits.
Without this versatile group of technologies, we would be hard-pressed to produce the metals so critical to our modern way of life. The robust mining industry of today would literally not exist.
I’ve been following the precious metals for decades, and I haven’t seen a move this powerful in many years.
Two miners were killed in an accident partly because someone wedged a broom handle against a reset button to bypass an alarm that would have shut down the system, federal safety investigators said.
The Bawl Mill • Legislative and Regulatory Update • Ask The Experts • Ask The Experts • Revisiting the Rocker Box • Can You Recognize Valuable Ores? • Follow Up to "Just One More Time" • The Highs and Lows of Drywashing • Successful Detecting Requires Attention to Detail—Part I • Panning for Gold on Canyon Creek • Habits, Procedure, and Where Is The Gold? • Exploring A Historic Lode Mine • Mining Stock Quotes and Mineral & Metal Prices • Melman on Gold & Silver
MMAC & PLP Update