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.
Father’s Day in Australia was on September 2, and it’s a day a group of miners from “down under” won’t soon forget.
It is a gemstone, and yet it is also closely associated with many types of metal ores. It's valuable itself but often points toward other valuable minerals—that is certainly something prospectors want to know more about!
With every look at the box I was pulling out a few pickers and a nugget or two. The smile I had the previous night just got bigger and bigger throughout the day.
• Feeding at the government trough
• Environmental group tops the US domestic terroritst list
• Some towns will do anything for tourism...
The Rattlesnake Hills (RSH) in central Wyoming had been overlooked for gold, even though it had all of the earmarks of being a major gold district.
...while the conference and some economic data were working to restore optimism, the world continued to receive a flood of negative economic news, some of it with ominous implications...
• "No small mining operation can afford this..."
• "The small arrastra still lives... "
• "...an effective defense against Green political efforts to lock the public off public lands."
The Bawl Mill • Mining Journal Contest • Bullion River's French Gulch Gold Mine • Montana Tunnels Gets Final OK • Reading A River: Finding The Paystreaks—Part I • Lluvia de Oro—A Shower of Gold Awaiting Development in the Sierra Madre—Part II • From Hand Sluice to Dredge • Melman on Gold & Silver (2008 Year in Review) • Chavez Eyes Venezuela’s Largest Gold Mine • Mining Stock Quotes and Mineral & Metal Prices