Demand for Copper Boosts Zambian Mining
February 2007 by Associated PressSurging global demand for copper has breathed new life into the mining industry in Chingola, a short drive from the Congolese border on top of some of the richest copper deposits in the world.
So, how much rain does it take to cause a major movement of gravels in a stream and redistribute the gold? The technical answer is enough water to move the bed load of the river.
I recently had the opportunity to spend a day exploring around Butte, Montana and was amazed by the amount of mining that has taken place there. The old-timers called Butte “the richest hill on earth” and had pretty good reasons for doing so.
October lived up to its reputation as a most unfriendly month for the stock market as hi-tech stocks took a huge battering, the NASDAQ and the Dow were hit by heavy selling and consumer confidence figures plunged.
• Closure on the foreclosure
• NSF checks and balances
• Third time’s a charm?
Gold has always been noted to have an affinity for quartz to such a degree prospectors almost always dig on quartz veins in a search for the precious metal.
• Newmont Mining Corp.
• Norilsk Nickel
• Sterling Mining Company
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