Mining Stock Quotes and Mineral & Metal Prices
August 2004 by Staff
A few miles north of Fairbanks stands what looks like a shack pushed back against a hill. Behind its front door dwells a distant past when saber-toothed tigers, mastodons and even camels roamed Alaska's Interior.
Gold probably is one of the easiest things in the world to cheat an absentee owner out of. He would generally have no way of really knowing if a guy had found 3 nuggets or 30 nuggets on his claim.
One of the oldest market sayings is that a securities bull market confirms its strength when it is “able to climb a wall of worries.” Well, that old adage was sure given an enormous workout last month as one hammer-blow after another hit the headlines.
The problem is every other nugget hunter and drywash prospector had the same idea. As a result, you can spend days, weeks, and even months detecting these areas and not find a single nugget.
Gold was first discovered in New Zealand during the early 1840s, but it was only when prospectors located rich alluvial deposits of easily won gold in the South Island in 1861 that the country experienced its first true gold rush.
Met by jeers and cheers from more than 1,000 people, US Senator Diane Feinstein (D-CA) made another pitch to create three new national monuments in the deserts of southern California recently.
The Bawl Mill • Lawsuit to Challenge New Forest Service Regulations • Gold in Utah Laccoliths • Where Do I Begin? • Looking Back • Mine President Seeks Opinions From Peers • Over The Divide • Picks & Pans: Miner Finds Heart of Gold • Company Notes • Canadian Arrow Tries Different Approach • Greenstone • Experts Forecast Rising Prices for Gold, Silver • A Few Reminders About Fraud • Mining: Doing it Right the First Time • Prospectors & Treasure Hunters Find Gems • The Golden Highway—El Dorado County • Melman on Gold & Silver