Mining Companies Use Conservative Valuations
January 2005 by Associated PressGold mining companies are being conservative in asset valuations despite recent spikes in gold prices in terms of US dollars, according to a survey by PricewaterhouseCoopers.
Time is a commodity which if traded would dwarf the price of gold. Nobody has enough of it; we can’t make more of it; and whether squandered or spent wisely, once gone, it’s gone forever. To find gold we have to spend time.
Unlike producing mines, exploration companies and claim holders owning non-producing claims are not reaping a windfall of increased profits from the recent high prices for precious metals and other raw materials.
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The Beatty Mining District in south-central Nevada has been one of the most productive Mining Districts in the state, producing millions of ounces of gold together with silver, fluorite, mercury and other valuable minerals.
The design of the makorokoza’s handmade wooden pans has not changed over the centuries. Until Rege introduced it to them they had seen nothing like a spiral wheel concentrator.
It was down deeper than I expected for surface trash. It wasn't until I was down six inches that the target screamed from my scoop.
The “battle lines” are being clearly drawn. By the time you receive this issue both party conventions will take place within just a few weeks and there will be only four months until the final vote.
The Bawl Mill • Convention Report • Interview with Congressman Gibbons on Mining Law Reform • The Art of Finding Coarse Gold Part II—Pocket Hunting for Residual Placers • Gold Canyon Resources Targets Gallium • Tucson Mountain Chaos • Picks & Pans: Auburn Ravine Gold • Suit Filed to Stop Mining in Northern California • Niobium and Tantalum • The Iola Mine Group, Montgomery County, North Carolina • Effectively Using a Detector and Drywasher for Placer Gold • Company Notes • Accident at Robinson Mine Leaves Two Dead • Looking Back • Melman on Gold & Silver • Mining Stock Quotes and Mineral & Metal Prices