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China to Set Up Strategic Reserves

China plans to set up strategic reserves for key minerals such as copper, uranium and aluminum, the government said, acting to ensure supplies amid record high prices due to soaring demand.

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Then I had one of my worst experiences as a prospector when I visited the US Forest Service office for this area.

The Pay Streak: Redefined With Metal Detectors


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.

The Fire Assay of Fly Eyes


Colorado-Utah-Wyoming oil shale was first reliably discovered to contain gold and silver by the U.S. Bureau of Mines in the 1920s. Although most of this vast shale resource, up to 1,000 feet in thickness, contained nil or barely detectable values, many brown shale samples fire assayed here over the past thirty years have yielded up to 0.02 ounces per ton (opt) Au and 2.0 opt Ag.

Mining Stock Quotes and Mineral & Metal Prices


Simple Sluice Design


One of the first pieces of prospecting equipment I acquired was a really nice little aluminum backpack sluice. I’ve used it for some time now and have always been impressed with how well it works for keeping the fine wire gold. But ever since I got on the Internet and started looking around for prospecting stuff, I have been toying with the idea of making a flexible conduit sluice.

Market Spotlight: Platinum in Demand


Platinum has run to record highs this year, but it’s not a rush of demand for wedding bands that has boosted prices. It’s diesel.

Melman on Gold & Silver


On a similar vein, while the number of new non-farm jobs created rose by a modest 156,000 in September, it must be pointed out that Goods Production Payrolls rose by only 10,000 jobs while much lower paying service jobs accounted for the other 146,000.

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The Bawl Mill   • Basic Geology for the Independent Miner—Part VI Geology of Placer Gold Deposits   • Mining is Booming in Northern Ontario   • For a Few Specks of Gold   • The Livengood-Tolovana Mining District   • Miners Rescued After Two Weeks   • Mining Firms Uneasy Over Bolivia   • Wyoming's Billion Dollar Nugget   • Mongolia Tax May Chase Off Investment   • Melman on Gold & Silver   • Mining Stock Quotes and Mineral & Metal Prices

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