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.
This mine was a real wonder of engineering, and the water supply and drifts had to be carefully managed to keep it in operation. In fact, it didn’t close due to lack of gold, but instead closed with the fall of the Roman Empire.
• Federal election results should be favorable to miners
• Utah residents reject proposed National Monument
• Fish and Wildlife told to disclose locations of endangered species
A group of Pittsylvania County landowners sitting on 92 million pounds of uranium ore wants Virginia to end its 25-year ban on uranium mining.
There’s a lot of luck involved when it comes to finding gold. Sometimes it’s being in the right place at the right time. Other times it’s simply by accident that discoveries are made.
Despite lower prices, Nevada gold production increased slightly last year and the state continues to produce about three-fourths of the nation’s gold.
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