Gold in New Zealand
July 2007 by Jim FosterIn 1965, I visited New Zealand and saw a South Island goldfield. I knew very little about gold at that time and stopped only long enough to peruse a few relics and old photos on the pub wall.
The Northwest Mining Association reports that the claim maintenance fee for 2004-2005 will be raised.
The past year was an extremely busy one here at ICMJ’s Prospecting and Mining Journal.
The potential exists for small-scale placer mining in these pits using a trommel and sluice box or other similar types of equipment.
Gold mining companies are being conservative in asset valuations despite recent spikes in gold prices in terms of US dollars, according to a survey by PricewaterhouseCoopers.
The single most important question to be answered when evaluating a placer deposit is: “How much is it worth?” Accurate sampling of placer gravels is essential to obtain a reasonable estimate of the total gold values contained in the deposit.
• Mining reform introduced in Senate
• Obama signs lands bill
Hold up a glass of tap water and take a look at it. It’s about as clear as the new Yukon water regulations require the water returning to rivers to be after being used by placer miners. The new limit of 25 parts per million (ppm) sediment does not leave a lot of maneuvering room in terms of discharge.
The Bawl Mill • Ask the Experts • More Tips for Evaluating Ores • The Mountain Gate Mine • The Basics of Small-Scale Heap Leaching with Cyanide Part I—History, Suitablility and Permitting • Oregon Suction Dredge Permit Update • In Pursuit of Gold and Silver in the Sierra Madres—Buying the Pilot Mill • Life in the Alaska Gold Rush • More Small-Scale Miners Attracted by Gold Prices • Ready “Ore” Not, Uranium Boom is On Again • Melman on Gold & Silver • Mining Stock Quotes and Mineral & Metal Prices • Looking Back