Gold Garbage: Scams New & Old
October 2002 by Dr. Ralph E. PrayHere’s what actually happened, described in the case file documents: Based on a precious metal assay certificate signed by a registered southwest assayer, the sellers, in consideration of the payment of over $53 million, transfer over 185,000 troy ounces stored in a warehouse to a company based in Norway. This document was signed and notarized in a southwest town, and was publicly distributed in 2001. Guess what?! The warehouse floor concrete may have a higher gold assay than the concentrates sitting above it valued at fifty-three million.
The society, started by nine founding members in Pittsburgh, Pennsylvania in 1974 as a non-profit professional organization, is dedicated to promoting the art and science of explosives engineering.
• Here we go round Obamacare...
• Care packages for al-Qaeda?
• Idaho EPA may pare back agressive water stance
• House panel recommends changing federal mineral royalty
• Gold mining company raises funds to fight initiative
• Comment period extended
For more than 40 years, iron ore prices have been decided by private negotiations conducted between the largest of the iron miners and the largest steel producers. These two sides dominate both the spot and contract iron ore markets.
A small group of investors led by retired businessman Ray Bohn is trying to revive a remote Idaho gold mine shut down since 1942.
Palmarejo Silver & Gold Corp., based in Longueuil, Quebec, is a gold-silver exploration company reexploring a former Spanish silver district in far southwestern Chihuahua.
The Bawl Mill • Our Readers Say • Placer Gold in Idaho • Working the Belmont Mine Butte, Montana—1953 • Simple Sluice Design • Cobalt and Nickel in Missouri • Sunshine Mine Video Brings Back Painful Memories • Hardrock Detecting • Company Notes • Picks & Pans: Confessions of a Professional Nuggetshooter • Gondwana Gold and Diamonds • Looking Back • Ghost Towns of Washington County, Utah • The Fire Within • 2002 California State Gold Panning Championships—Foresthill, California • Mining Stock Quotes and Mineral & Metal Prices • Melman on Gold & Silver