Newmont Tries to Become World's Largest
December 2001 by StaffNewmont Mining Corporation, Normandy Mining Ltd., and Franco-Nevada Mining Corporation announced a possible merger, which would create the world’s largest mining company. The boards of all three have approved the plan, but it is still subject to shareholder and regulatory approval.
We import nearly all of our REEs from China, so it’s critical that we find and continue to develop domestic resources of these elements.
...miners, prospectors and mining related businesses are discovering that capital investments in equipment, machinery and other business assets are more affordable today than ever before.
• Miners win latest round
• New push to close off lands in New Mexico
• Close call in Peru
• New underground safety requirements
By the end of the day Sunday there were a lot of tired panners! By then they could have panned more than 14 times to make it to the end. This was not a picnic!
I recently grew complacent, and it caused me to make a mistake that resulted in the loss of a mining claim. It brought my mining plans for the summer to a complete halt.
One of the consequences of the weakening economy and the sharp declines in NASDAQ securities was a sudden weakening of the US Dollar (see chart of D-Mark). As investors began to pull their funds out of the US and return the funds to their native lands, this resulted in sales of the dollar, reducing it in value.
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