Mining Returns to Historic Comstock
September 2012 by Associated PressMining has returned to Nevada’s historic Comstock more than 150 years after the discovery of one of the world’s richest silver veins touched off a frenzy that drew thousands of people west. But unlike the hard rock miners in the 1800s, the modern day operation involves huge trucks...
According to some experts, after the peak is reached, the production rate will slowly decline until it reaches near zero while the price shoots upward. At that point, we will have pretty much mined all the economic ore deposits that are present on the planet.
One of the partners in a massive and contentious proposed gold and copper mine in Alaska is pulling out, raising questions about the future of the project.
So you think you have an ore deposit? The work has been long and hard, but there are a few drill holes, lots of samples and assays. The data is in a reliable computer and there may be a mine at the end of the tunnel. What is the likelihood of a profitable operation? Can you raise capital for development or exploration?
Since this position was the least desirable due to the hard physical labor, the bucking room was used as punishment. Do you have a mediocre worker? Bad attitude? Off to the bucking room!
When I read about these new discoveries, I often wonder how the original operators ignored all the additional ore. Yet this has happened again and again in Nevada and many other places.
...El Tigre Silver Corp, is taking a somewhat different path toward developing their El Tigre property located in the northern Mexican state of Sonora.
The Lucky Friday is already one of North America’s deepest hard-rock mines. Now, the 62-year-old mine is about to get much deeper.
The Bawl Mill • Cold Alaskan Gold—Part I • Wild and Scenic River Prospecting—North Fork of the American River • Detecting for Gold—Finding Nuggets Where You Least Expect Them • Potholes and Other Bedrock Traps • Financing by the Crowd • Wealth Beyond Your Wildest Imagination • Gold Too Big to Carry • The World of the Simple Gold Pan • New Silver and Zinc Mine Slated for Montana • Eastern Oregon Mine Seeks Permits • BLM Issues Environmental Review of Wyoming Uranium Mine • Melman on Gold & Silver • Mining Stock Quotes and Mineral & Metal Prices