Mining Stock Quotes and Mineral & Metal Prices
October 2001 by Staff
For “hard money” advocates, this has been a remarkable month. Gold has risen by more than $100, silver has begun to surge, and the headlines are full of news items quite capable of raising public concerns to crisis levels.
Excerpts from California Mining Journal, our original title, published 50 years ago this month.
Mineral properties are constantly being offered through Realtors, magazine ads, and the Internet. They always sound as if they abound in mineral values, but how can you determine if they are really worth the asking price or if they have any value at all?
Panama is a long, narrow isthmus, 30,200 square miles in area, that separates Costa Rica from Colombia. It is best noted for the Panama Canal, which is now under the control of the Panamanian government, aided by the United States. The canal bisects the country and is an engineering marvel that was opened in 1914.
Time is a commodity which if traded would dwarf the price of gold. Nobody has enough of it; we can’t make more of it; and whether squandered or spent wisely, once gone, it’s gone forever. To find gold we have to spend time.
In developing a mineral property or mining claims, one of the first goals is to identify and quantify valuable deposits. The classic method of doing this is by drilling holes into the ground to sample what is below the surface. The problem is that one or two holes usually are not going to tell you a whole lot...
The Bawl Mill • Our Readers Say: • Placer & Lode Gold Deposits • Spanish Silver in Arizona • Hog Mountain Mining, Past and Future • Picks & Pans: Dredging Costa Rica • Gold in Texas • The Goldhill Mining District • New Arsenic Study Supports Tougher Standards • Miners Resume Search for Platinum Near Platinum • Discoloring Assay Beads • Tons of Gold Buried Under World Trade Center • Gold Rush Ship Uncovered in San Francisco • Melman on Gold & Silver • The Financial Repercussions of the WTC Tragedy • Permit Appears Likely for Rock Creek Mine