NovaGold Resources Receives Lifeline
February 2009 by Scott HarnThe 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.
Federal safety inspectors have ordered one of the nation’s deepest underground mines closed in northern Idaho following an investigation prompted by a series of accidents that killed two miners over the last year.
The concentrate is just the heaviest of the heavy minerals but some sulfides are sneaking in there also with the gold...
The Forest Service has been busy lately, promulgating rules and regulations that will negatively impact small miners and prospectors. Public Lands for the People (PLP) is taking action to put a stop to it.
One of the largest gold nuggets ever found with a VLF metal detector: I got a huge signal, and I was thinking it was just another piece of junk—perhaps an old can or piece of a shovel.
As the river dredgers soon learned, it was not a good idea to leave your dredge in the Fortymile River over winter.
Bullion River’s high-grade gold mine at French Gulch, near Redding, California, may be in some ways the last of the Mohicans, or perhaps it is the first of the great revival, but for the near term it is probably destined to be a little bit of both.
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