Gold Rush Continues in Africa
March 2015 by Chris Ralph…some miners are doing exceptionally well… with a few obtaining amounts estimated in the millions of dollars.
If developed with metal detecting in mind, this virgin ground could be a bonanza for nugget hunting.
Silver Peak is a small mining community in Esmeralda County in west-central Nevada, about 30 miles west of Goldfield. Although it’s fairly remote, it’s been an important mining center since the early days.
Climbing up the debris, I pointed my flashlight up a shaft ascending straight up as far as my light would shine. It was the stope of the pay shoot leading to the old tunnel above!
Kimberlite is very difficult for geologists to find, let alone prospectors and rock hounds. This is because kimberlite is rarely exposed on the surface and few people know how to identify the rock.
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.
Everyone has heard of the golden beach at Nome, but Nome did not have the richest beach.
Only the famous Kennecott copper mine was able to continue operating through the Depression owing to the exceptional richness of its ore.
The Bawl Mill • Our Readers Say • Ask The Experts • Ask The Experts • Ask The Experts • Just Another Ordinary Weekend • Small-Scale Hard Rock Mining With Water Recycling • The Paragenesis of Gold & Silver Deposits • Getting A Successful Start in Metal Detecting for Gold • Placer Mining At Chititu Creek, Alaska • Gold Refining In The Ancient World • Tasers and Mining Don't Mix • Thinking Outside The Creek • Melman on Gold & Silver • Mining Stock Quotes and Mineral & Metal Prices