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Mergers Continue at Record Pace
October 2006 by Staff
Mergers and acquisitions continue at a record pace in 2006 as companies attempt to replace dwindling reserves. Mining companies find that it is more expedient to purchase additional reserves by acquisition than to spend time and money for exploration and startup, even more so when their stock prices are much higher as compared to recent years.Melman on Gold & Silver
This past month has been filled with headline-grabbing news events and, for a change, it was not only politics that dominated those news stories, but rather financial markets themselves, with gold and mining shares grabbing a major share of attention.
USFS Roadless Comments Reopened
On July 6, 2001, US Forest Service (USFS) Chief Dale Bosworth announced that the roadless rule would be revisited by publishing the following information in the Federal Register. -Ed
Ask The Experts
Q: Does gold get stuck in the crucible?
Company Notes
• Sterling Mining Co.
• Wolfden Resources Inc.
• Campbell Resources Inc.
• Teryl Resources Corp.
• Kinross Gold Corp.
• Ashanti Goldfields
• AngloGold Ltd.
Enthusiastic Crowds at PDAC
Nearly 11,000 attended this year’s Prospector and Developers Association of Canada (PDAC) convention in Toronto. Joe Hamilton, president of the Convention Planning Committee, beleived he knew why the numbers were so high.
Discovering New Territory
This same concept is true of many of our modern-day rivers, and we have to find out where their gold originated if we can.
Ruling Awards Giant Nugget to Finder
A court ruled that a taxi driver and amateur prospector who unearthed a 14.5-pound (6.6-kg) gold nugget on someone else's land is allowed to keep it.
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• The Yukon-Klonkide Goldfields—Part II
• Foreign Investment Hits More Roadblocks
• The Treasure Detective—Part IV The Story of Goldstone Nuggets
• Another Uranium Boom in the West
• Court: Kennecott Eagle Minerals Application Complete
• Remote Mining Camps of Yuma County
• The Robin Redbreast Lode
• Final Buckhorn Mountain Study Released
• Melman on Gold & Silver
