Reserves and Resources Explained
February 2014 by Jim HalloranReservers and resources are very important to prospectors and miners, but they may be vague terms to some.
To say that the international environmental community took exception to President Trump’s decision to remove America from the 2016 Paris Accord would be an understatement of enormous proportions.
Once again last month the world seemed to be tottering uncertainly on the precipice of whether to continue with some manner of austerity in order to begin restoring government balance sheets to some semblance of fiscal conservatism or whether to openly return to the previous eras of wide-open stimulation via debt, deficits and unlimited money creation.
…2017 was just the first year with a small increase after a huge drop off in exploration activity. It may take many years of future increases to get back to where the activity was in 2012, as projected increases in exploration spending are seen to be slow and steady.
On a similar vein, while the number of new non-farm jobs created rose by a modest 156,000 in September, it must be pointed out that Goods Production Payrolls rose by only 10,000 jobs while much lower paying service jobs accounted for the other 146,000.
As an employer, every mining operation, large or small, is responsible for protecting the safety and health of its employees. Safety is also good business. An effective safety and health program can save $4 to $6 for every $1 invested. It’s the right thing to do, and doing it right pays off in lower costs, increased productivity, and higher employee morale.
The Bawl Mill • Legislative and Regulatory Update • Ask the Experts • Ask the Experts • Ask the Experts • Ask the Experts • Our Readers Say • The Perfect Summer • Eolian Gold Deposits • Copper Deposits of Alaska • Divide and Conquer—Detecting Old Placer Grounds with Friends • Critical Metals: Lithium • Coprolite—A Prospector's Tale • Comstock Mining Gets Approval • Melman on Gold & Silver • Mining Stock Quotes and Mineral & Metal Prices