Gold Miners Hunker Down Amid Financial Storm
December 2008 by Sandy Shore“Our company and our industry are currently operating in an unprecedented macro business environment, consisting of extreme commodity price volatility, mass portfolio liquidation, global inflation and limited, if any, access to capital,” Newmont Chief Executive Officer Richard O’Brien said.
“I heard him hollering down in the hole as soon as I got there,” he said. “I was just glad to see him alive.”
• Keep your eyes on Montana
• Karuk settlement forthcoming
• California water agency looks at more restrictions on mining
• Is that penny worth more than one cent?
In order to see what geologic maps can do, we need to think about what we are looking for.
Q: Where do I find out information about raw gold being tested for purity, refined, and getting paid cash for it?
There are loads of new gold prospectors attracted by the current high prices, and so I thought it might be a great time to take a look at what makes some prospectors so much more successful than others.
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