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.
Doug told me that there had been a 100-year flood that took place in October of 2013 and it washed out part of the mile-long landing strip. It also washed a large, wide gully down below and above the camp.
Improvements in mining equipment and techniques, along with a higher gold price, make many mining properties profitable today that may not have been in the past.
When placer miners from the gold rush era began experimenting with the slope of their sluices, they must have pondered the ideal slope for trapping gold in a creek bed too. Logic suggests the same is true for streams...
When I was a student in the College of Mines at the University of Utah, the Verde district was used as an exploration model for “submarine volcanogenic massive sulfide deposits.” So I looked forward to visiting this district and the town of Jerome in central Arizona in the spring of 2012.
Even as late as 1906, Delamar was second only to Tonopah and Goldfield in production outshining many better known areas. Since the first discoveries, more than 700,000 ounces of gold have been produced from the mines here.
Until just recently, platinum-group metals (PGMs), especially palladium, had been holding their own on the market. But, Russia has now resumed shipments and it has brought prices down.
The nugget sat there in plain sight, though it was covered in dirt, while hundreds of people had passed that way every day.
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