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NovaGold Resources Receives Lifeline
February 2009 by Scott Harn
The company’s stock had plunged when it announced in November that it wouldn’t have sufficient cash to meet obligations if it couldn’t raise additional funds by the end of 2008. It began 2008 at $8.85 per share and ended the year at $1.47.Mining on the Comstock Lode
Even with the decades of mining and exploration, much of the Comstock is still underdeveloped and its potential not fully tapped.
Legislative and Regulatory Update
• Forest Service proposes next step in Agenda 21
• 9th Circuit deals blow to small miners
Finding Gold with a VLF Detector—Part III
The higher the sensitivity setting, the louder and sharper the signal from a gold nugget or other metal target.
The Treasure Detective—Part IV The Story of Goldstone Nuggets
A treasure detective, like any detective, is looking for a clue from which he can develop information to solve a mystery. Who? Why? When? The detective sniffs out a trail that will lead eventually to some undiscovered cache of coins...
Agnico-Eagle to Open Gold Mine in Finland
Agnico-Eagle Mines will open Europe’s largest gold mine in northern Finland in 2008, the Canadian company and local officials said.
New Technology for Extracting Lithium To Be Tested in Nevada
Production of the Lithium will be completed in a 48-hour process with much less waste and a substantial increase of recovery rates from around 40% with conventional evaporation to near 90%.
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