Mining is Booming in Northern Ontario
June 2006 by Leonard MelmanOne of the results of the dynamic metals prices in recent years has been an enormous increase in mining activity throughout the industry and few places have been impacted as greatly as Northern Ontario, Canada.
The favorable geology of the northeastern and central parts of the Seven Troughs Range are the parts most interesting to prospectors. They are underlain by a thick sequence of Tertiary volcanic rocks, mostly rhyolites and andesites.
Robert Joseph Dahlke
(1939 - 2013)
Without a telephone, electricity, or television in his isolated cabin, Olson led a simple and peaceful life. He enjoyed living in a remote canyon surrounded by a vast wilderness. Mining for gold absorbed his days.
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.
It’s important to pay attention to where you dig, because just like any placer, the gold in dry placers is concentrated in certain spots. This is especially true when you are testing and trying to determine the potential of a placer area.
• The environmental Robin Hood
• But it looked good on paper...
• Low-quality reputation hits home
• Determining the amount of gold in a specimen
The Bawl Mill • Basic Geology for the Independent Miner—Part VI Geology of Placer Gold Deposits • For a Few Specks of Gold • The Livengood-Tolovana Mining District • Miners Rescued After Two Weeks • Mining Firms Uneasy Over Bolivia • Wyoming's Billion Dollar Nugget • China to Set Up Strategic Reserves • Mongolia Tax May Chase Off Investment • Melman on Gold & Silver • Mining Stock Quotes and Mineral & Metal Prices