Mergers Continue at Record Pace
October 2006 by StaffMergers 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.
“Just feel the heft of it!” Those were the words that lit the fire that created a prospector. Before I tell you what took place, I have a desire to tell you when and where it took place.
Unquestionably, the events of January 20, 2009, highlighted the news of the past month as on that date, the “torch of leadership” of America passed from the departing George W. Bush and into the hands of the 44th President, Barack Obama.
- “Pensions before Honesty. Great slogan.”
- An untimely death…
NovaGold Resources Inc. announced that a gold prospect in southwest Alaska is ready to advance to permitting.
Recovering gold from pyrite ore
• Barrick Gold Corp
• Randgold Resources
• Pacific Gold Corp
• World Ventures Inc
• Acadian Gold Corp
• Phelps Dodge Corp
• Timberline Resources Corp
The interesting thing about the Mother Lode area is that we can pretty much find at least a little gold in any creek or river (and even in some of the many dry gulches).
The Bawl Mill • The Plumas Eureka District • California State Gold Panning Championships • 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