Mining Stock Quotes and Mineral & Metal Prices
February 2008 by Staff
Two years after California's major gold discovery, another find was made in Ballarat, Australia. The news of the discovery went world-wide, and many of the California prospectors had heard plenty about Australian gold—especially the 2,284-ounce nugget found there.
Many of you have read recent articles that include pictures of some of the nice nuggets that have come out of this area. I’m going to talk very briefly about a few of my friends and some of the nuggets they have been taking out of this area…
• Forest chief asks Norton to end Oregon mining moratorium
• DOI orders review of "science" used in Klamath Basin decisions
• BLM Launches EIS for Conservation and Restoration of BLM Public Lands in Western U.S.
• Fish & Wildlife service approach to critical habitat ruled unlawful in Arizona case
Normally, one does not look at volcanic islands in a search for gold. However, rich gold deposits have been found in or near volcanoes at Lihir and Misima Islands near New Guinea, so one cannot dismiss gold opportunities on volcanic islands. All of Iceland is of volcanic origin, with acidic volcanic rocks like rhyolite and granophyre being present at a few localities.
While most precious metals observers tend to pay more attention to action in the gold market as opposed to silver, there are times when the white metal can give us particularly sharp price targets going forward.
• More roadblocks to dredging in California
• Two Oregon Sheriffs challenge Forest Service authority
• Gold is money
Other economic commentators have joined in regarding the sounding of alarms. Retired Republican Congressman and presidential candidate Ron Paul feels financial markets could drop a stunning 50%...
The Bawl Mill • Gold Deposits of North Carolina • Turning Waste Rock Into Profit • Dredging the Mokelumne • How to Get Started as a Gold Prospector • Sunshine Mine is Up and Running Again • Gold at Ponderosa • The Juneau Goldfields • Wham Hill • Golden Sunlight Seeks Expansion • Washington Gold & Fish Regulations Update • Melman on Gold & Silver