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.
Strong gold prices are making it profitable to keep the Golden Sunlight Mine here open through 2015, company officials said.
Many new detector operators and even some experienced ones don’t pay enough attention to keeping their detectors in proper balance. The result is false targets as well as incessant chirping and chatter.
In the August 2000 issue of the Journal, the story of the "Quartszite Area" was most informative and accurate.
“We feel that we can clean up an area that has been abandoned after 100 years of mining,” Lyon said.
When we look ahead into 2011, we see continuing troubles such as those listed earlier, which will force the public to question the effectiveness of the entire concept of economic strength and vitality through government interventions. In fact, many of those interventions have been abject failures, and we wonder if or when the public will lose confidence in the entire system.
The water rose up in a great splash around the front of the pickup. The tires smashed into a couple of large boulders and suddenly the truck nosed down into a deep hole and bounced back out as I stepped on the gas pedal.
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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