Eastern Oregon Mine Seeks Permits
September 2012 by Associated PressAfter a host of companies spent 20 years prospecting, a mining firm is ready to make a play on the $2 billion lode of gold sitting in Eastern Oregon.
At the peak of construction later this year, the mine will generate more than 6,000 direct and indirect jobs across the state with annual wages totaling more than $200 million...
Today, a Canadian company is reviving the mine to take advantage of silver prices that have tripled since 2009, giving the few dozen residents still living in the area more action than they’ve seen in decades.
Ivory Coast has considerable gold reserves, and this nation has the largest area of greenstone belts prospective for gold in the continent.
…2017 was just the first year with a small increase after a huge drop off in exploration activity. It may take many years of future increases to get back to where the activity was in 2012, as projected increases in exploration spending are seen to be slow and steady.
Exploration for and prospecting in search of similar deposits should focus on rhyolite bodies located in fluorite-bearing areas.
Back when I was in college, when I first started classes, the demand for new engineers was so strong that every graduate had multiple job offers without even trying.
If approved, the project would use block caving to extract the remaining ore, most of which is 7,000 feet below ground level.
The Bawl Mill • Cold Alaskan Gold—Part I • Wild and Scenic River Prospecting—North Fork of the American River • Detecting for Gold—Finding Nuggets Where You Least Expect Them • Potholes and Other Bedrock Traps • Financing by the Crowd • Wealth Beyond Your Wildest Imagination • Gold Too Big to Carry • The World of the Simple Gold Pan • New Silver and Zinc Mine Slated for Montana • Mining Returns to Historic Comstock • BLM Issues Environmental Review of Wyoming Uranium Mine • Melman on Gold & Silver • Mining Stock Quotes and Mineral & Metal Prices