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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.More Small-Scale Miners Attracted by Gold Prices
With gold hovering above $650 an ounce, interest in panning and prospecting for the pricey precious metal in northern Idaho’s icy streams and on its rugged mountainsides has enjoyed a mini-boom.
Dredging Safety: Don't Ignore The Warning Signs
At first, I tried to shift things around, but then a hand with a rock would appear, so I would stop trying to adjust my gear and grab the rock to keep things moving.
Using Structural Clues to Locate Buried Placer Channels
They must have assumed the paystreak was spotty and had been mined out, so they never mined as close to the side of the valley as they should have.
Know Your District
We have to remember that the earliest miners were not geologists, but came from a variety of backgrounds. Their survival depended on finding enough gold so they worked hard and adapted to whatever challenges these new areas presented.
Mining Ends in Leadville
An era ended in Leadville February 4, when the last miners left the Black Cloud mine and hung up their brass tags for the last time.
Gemstones in Wyoming—Part II
The known iolite deposits are accessed at Palmer Canyon and Grizzly Creek in the central Laramie Mountains 15 to 18 miles west of Wheatland and 60 to 70 miles northwest of Cheyenne.
Mining Outfits Eye 50-Year Supply of Iron Ore
Two companies are looking to mine the largest known iron ore deposit in the West—a 50-year supply at a rate of 1 million metric tons a year.
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