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.
There are a lot of differences between the operations of successful mining companies and ones that become financial failures, but one of the consistent key differences between them is their sampling programs.
Continuing northward and crossing the Consumnes River along California’s famed Highway 49, the “Golden Highway” leads through the heart of the Mother Lode countryto El Dorado County. This is where the Gold Rush began...
...we are witnessing the onset of a major transformation of the underlying economic/political structure, perhaps headed toward government controls beyond any previous American experience.
The massive 2013 theft, in which tens of millions worth of gems were stolen from the hold of a departing Swiss-bound plane, had all the hallmarks of an “Ocean’s Eleven” operation. And it still might still get a Hollywood ending.
Ditches almost always started in the high country and contoured the mountainsides, making a long drop, usually many miles away, to the goldfields. There are ditches in Trinity County that originate at seven and eight thousand feet in the Trinity Alps that carried water almost thirty miles.
What I saw was a beach area that was just completely covered in black sand. Rubbing my hands close together like a kid in a candy store, I could not wait to get set up.
...we cannot help but wonder exactly how nation after nation, already massively in debt and presently burdened with monumental operating deficits, is going to come up with such largesse. We also wonder exactly how going ever-more deeply into debt is going to resolve a debt crisis.
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