Investors Take a Shine to Platinum, Palladium
May 2010 by Associated PressMove over gold and make way for platinum and palladium. Investors are taking a shine to these lesser-known precious metals as their prices rise.
Republican vice presidential contender Dick Cheney, continuing a campaign swing through the West, said the Clinton administration has failed to step up and toe the mark for the mining and energy industry.
For “hard money” advocates, this has been a remarkable month. Gold has risen by more than $100, silver has begun to surge, and the headlines are full of news items quite capable of raising public concerns to crisis levels.
I decided to focus my attention on some exposed bedrock that was along a little stream only about 100 yards from our cabins. My very first pan full of gravel showed several nice small flakes that were just big enough to be picked up with my fingers. That first pan showed that indeed there was some very nice gold to be had here...
With eight loads processed, a pumpkin-size rock fell into the hopper, stopping the whole operation until I could lift it out.
The company acquired the Guanajuato Mine Complex in 2005, and since that time they have carried out extensive drilling programs, both from surface and underground, with particular emphasis being placed on the Cata Clavo Zone.
Our world of precious metals showed several conflicting trends. Gold fell sharply from last month’s highs to the area between 265 and 270 and then stabilized in that area.
The Bawl Mill • Legislative and Regulatory Update • Ask The Experts: How to handle gold in cyanide; how to sample a platinum deposit • Prospecting for Hardrock Gold - "Eureka!" (Part III) • Gold Prospecting in Maine - Part II • American Manganese • Detecting for Gold in Australia • Melman on Gold & Silver • Mining Stock Quotes & Mineral and Metal Prices