Ivanhoe Partners With Rio Tinto
November 2006 by Scott HarnIvanhoe Mines announced that Rio Tinto will invest $1.5 billion to engineer, construct and operate Ivanhoe’s Oyu-Tolgoi copper and gold project in the South Gobi region of Mongolia.
The adage of, “The harder I work, the luckier I get,” has profound meaning, but it doesn’t always apply to prospecting.
The bright yellow nugget caught my eye as I pulled the astroturf down the sluice box into the large plastic tub. I grabbed it from the mat, pretty much in shock because of its size.
“Bloody Nick,” as he was known, arrived in California in 1850. From his name, there were those who thought him to be a big man, but instead, he was a small thin man, fifty-six years of age.
A federal judge found mining companies liable for at least some of the costs of cleaning up pollution of Idaho’s Silver Valley from a century of mining.
Clearly, the single-most important reason for the latest decline in gold is the recently announced auctions by the British Central Bank. However, other news stories this past month also had negative implications for the yellow metal.
The Bawl Mill • International Wayside Resurrects Gold Rush in British Columbia • Prospecting in Northern Sierra County, California • Government Says New Mine Will Benefit Bears • RS 2477 Fact vs. Fiction • The Nome Goldfields • Basic Sniping: Prospecting With a Pan & Simple Hand Tools • Over the Divide • Trio Accused of Stealing $1.7 Million in Gold • The Business of Mining: Swap, Trade, or Exchange • Wyoming Expects Profits from Uranium • Melman on Gold & Silver • Mining Stock Quotes and Mineral & Metal Prices