Chinese Gold Consumption to Grow
January 2007 by Associated PressWhen the final numbers are in, China will have consumed a record 350 tons of gold in 2006 amid surging sales of gold bullion, up 17 percent from 2005, the official Xinhua News Agency reported.
My hunch was that the gold is coming down the apron, falling off to both sides and into both gulches. I say that because the gold we found previously has the same characteristics and color across the entire area.
Most prospectors understand placer mining a lot better than hard rock mining and don’t realize the amount of work that goes into processing different types of hard rock ore.
- Oregon miners to petition for US Supreme Court review
- Two executive orders to reign in federal agencies
- Petition for Joshua tree as a threatened species
• NEPA improvements coming?
• Speaking of the Forest Service...
• Murkowski proposes tax increase on miners
• Kensington impact statement affirmed
• Rock Creek on hold, for now
• ESA reform update
• Desert Mineral Mining; one down, two to go for permits
• Montana smells a RAT
It’s been no secret that the prices of gold and silver have been moving upward at a fast clip in recent months. Gold has soared 27 percent so far this year. There has not been a significant drop-off in production, so it’s been evident that an increase in demand has been a part of the force driving the price upward.
Dredges actually do pretty well in freezing conditions. There are a few tips you should know, however.
The Bawl Mill • Legislative and Regulatory Update • In Pursuit of Gold and Silver in the Sierra Madres • Researching and Staking Mining Claims—Part II • Family Sues US Mint for Return of Rare Gold Coins • High Court Reverses Nevada Mining Decision • Mining Industry Worried about Democrat-Controlled Congress • Working on the Bear River • Company Notes • Looking Back • The Upper Susitna Goldfields • Palladium Hitting Jewelry Market • Melman on Gold & Silver • Mining Stock Quotes & Mineral and Metal Prices