IMF Reconsidering Gold Sales to Finance Debt
September 1999 by Associated PressThe International Monetary Fund is reconsidering selling some of its gold reserves to help finance a Western debt-relief plan for some of the world's most debt-burdened countries, a top IMF official said.
Imagine a coin worth more than its weight in gold...
The US Forest Service is siding with a mining company’s bid to reopen roads and drill test holes in the Frank Church-River of No Return Wilderness.
Panama is a long, narrow isthmus, 30,200 square miles in area, that separates Costa Rica from Colombia. It is best noted for the Panama Canal, which is now under the control of the Panamanian government, aided by the United States. The canal bisects the country and is an engineering marvel that was opened in 1914.
The periodic exploration efforts for nickel during periods of high prices have been sporadic and incomplete. There is a role for the prospector and geologist in searching laterites potentially rich in nickel and mafic igneous bodies that may be rich in nickel.
Excerpts from California Mining Journal, our original title, published 50 years ago this month.
He didn’t recognize what he was hearing, of course, but to my ear that bank was full of small gold.
Unlike producing mines, exploration companies and claim holders owning non-producing claims are not reaping a windfall of increased profits from the recent high prices for precious metals and other raw materials.
The Bawl Mill • Over the Divide • Our Readers Say • Feds Eye Restrictions on AZ Archaeological Sites • Governors Focus on Aid for Laid-off Miners • Nevada Counties, Towns Get Forest Service Grants • Labor Dept. Approves Aid to Laid-off Nevada Miners • Company Notes • ISEE Celebrates 25 Years • Picks & Pans: Basic Dry Washing Operations in Gold Placer Mining • Washington Miner Wins Poetry Contest • Gold Coin Sales Boosted by Low Prices • The Klamath Mountains • Silver Posts Best Price in 11 Years—Strong Investment Interest and Steady Demand Cited • Platinum—Group Metals • Historic Mining at Mount Diablo, CA • Gold in the Drum Mountains • Melman on Gold & Silver • Mining Stock Quotes and Mineral & Metal Prices • Looking Back