Gold Coin Sales Boosted by Low Prices
September 1999 by Andy MaslowskiDuring the past decade, gold prices have been on a serious roller coaster ride. This year, the ride has taken a turn for the worse—straight down hill. Members of the precious metals mining industry have been hanging on as tight as they can.
Q: Thanks for the great article in the recent ICMJ [“Metallic Trash—Scourge of the Prospector,” July 2012]...
Welcome back to our mining claim. In part one we located our claim, sunk our shaft, and stored some ore in the ore bin. Now we must decide how we are going to extract the gold. We briefly discussed setting up a lab in a 40-foot semi-trailer at the mine site, so let’s decide what we are going to need in the lab.
Ground sluicing, surfacing and scratching are a few names given to the recovery of gold in shallow areas. Where I live, the hills are dotted with small surface diggings.
There are a lot of differences between the operations of successful mining companies and ones that become financial failures, but one of the consistent key differences between them is their sampling programs.
• Homestake Mining Company
• Cominco American Inc.
• Agnico-Eagle Mines Ltd.
Some experienced panners with the vigor and longevity to spend a full day panning in the small creeks and ravines can possibly find as much as a gram or more on a good day.
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