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Mining Companies Use Conservative Valuations

Gold 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.

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• NovaGold Resources Inc.
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Sam, the Tenderfoot Prospector


There were many thousands of tenderfoot, greenhorn prospectors that came out west in the 1860s and 70s. Some came to make their fortunes; some came to flee other problems back east; and some just came for the adventure. Probably every one had a tale to tell, but one of these adventurous individuals was a young man named Sam, and this is his true story.

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Perhaps the heart of our pro-gold thesis is this consideration: governments are inherently inefficient, they attempt to provide services far beyond their genuine fiscal ability and these trends result in deficit financing, growing debt levels and ultimate “watering” down of currency values.

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Mining Claim Fees Are Going Up


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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

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