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.
• Sweep speed and sensitivity settings for a GPX-4500
During the past decade, gold prices have been on a serious roller coaster ride. This year, the ride has taken a turn for the worse—straight down hill. Members of the precious metals mining industry have been hanging on as tight as they can.
Once all the numbers from all the samples and water tests are compiled, a snapshot of the performance of each tank in the process circuit can be seen side-by-side.
The first requirement for a successful mine operation is a market for the product, metallic or nonmetallic. The second requirement is to deliver a quality salable product...
The most obvious benches are usually near the valley floor, but they can be thousands of feet above the valley floor. Since benches were made by streams, they can contain placer deposits.
On July 4, we are reminded of the sacrifices our Founding Fathers made to establish this great country of ours, and in that spirit, the Minerals and Mining Advisory Council (MMAC) has created a draft Declaration of Miners.And MMAC has been hard at work writing a bill, with the unwavering support of several members of Congress, to reaffirm the rights of miners operating in traditional mining districts.
The first thing a person should do is seriously consider whether they want to go mining as a hobby or a business, and the tax implications of the choice.
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