Lower Prices Bring Layoffs
August 2013 by Chris RalphThe extensive cost reductions now being put in place are not just a short-term reaction to the recent drop in gold prices...
There is little question that the crisis in Europe completely dominated world financial headlines last month. We saw nations such as Finland, Austria, France, Belgium and Hungary, which had previously appeared untouched by developments, suddenly become vulnerable to higher domestic interest rates.
Last month saw the mining industry take center stage as Toronto, Ontario was once again host city for the giant PDAC annual mining convention. We take at look at that gathering below, focusing on some of the negative industry sentiment on display.
While most prospectors, mine operators and business owners are aware that “like-kind” exchanges can be an excellent way to postpone the gain resulting when any of the operation’s assets are disposed of, few give any thought to the value...
The most impressive fact about gold’s performance during 2016 is the yellow metal’s ability to withstand news shocks, hold on to previous gains and gradually move to new, higher levels.
The Bawl Mill • Ask the Experts • Ask the Experts • Ask the Experts • Ask the Experts • Common Mistakes of the New Detectorist • The Pearce Mineralized Area, Dragoon Mountains, Arizona—Part II • Mining for Gemstones and Mineral Specimens • Fighting and Winning Without a Lawyer • The Essentials of Dry Washing • Fortymile, Alaska Prospecting Adventure • Court Says Emergency Rule in California Unjustified • Sampling Placer Stockpiles • Prospecting Research • Buyer Beware! Counterfeit Metal Detectors • Melman on Gold & Silver • Mining Stock Quotes and Mineral & Metal Prices • Underground in the Original 16-1 Mine