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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.The Bawl Mill
• Energy conservation? Or investing in power?
• Collecting Dividends from the "Brown" fund
• Come rain, sleet, or snow...
The Stonewall Jackson Mine, San Diego County, California
For obvious reasons southern California is not known historically for its gold mines. Gold production was concentrated heavily in the Sierra Nevada foothills in the northern part of the state. However, the high mountainous region of eastern San Diego County was the site of a number of productive hardrock gold mines, notably in the late 19th century.
A Test Grid Dredged for Gold Values
The evaluation must also consider the gold fineness or purity. The purity of the Sugardaddy nuggets is estimated at 850 fineness, meaning 85% is gold (Au), 12% is silver (Ag) with 3% being other gangue alloyed metal.
Elections May Bring Rush to Republic of Congo
Elections in the Republic of Congo may bring a mining boom to a country that has been ravaged by wars and corruption.
Michigan Proposal Would Restrict Mining Operations
A group called Michigan Save Our Water Committee is seeking a Michigan ballot measure that would prohibit some types of mining and restrict others.
Montana Multiple Use Association Backs Miner
The case is Fortner & Montana Multiple Use Association v. Broadwater County Soil Conservation District, Cause No. DV-04-45. Fortner is a miner who owns patented mining claims in Confederate Gulch in Broadwater County.
It's Hard to Find Gold!
...even the best prospectors have times when they do not find gold. It is all about taking chances against tough odds and succeeding.
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