San Francisco Mint and US Gold Reserves
June 2007 by Don RobinsonIn 1717, Sir Isaac Newton, Master of the British Mint, established a fixed price for gold that was equivalent to around US$20.00 per ounce. This price was for bullion gold, refined to a purity of twenty-two karats (.917 fine).
Every miner has encountered rattlesnakes in his work, and some may have been bitten. The writer has never been bitten, but has worked with people who have been. It is not a pleasant experience.
When you think about the extremes to which a miner will go to get a little gold, it occurred to me beach gold could be "easy pickings."
Many of the Sixteen to One’s challenges arise from its unusual geology and the pocket characteristics of the ore deposits.
Leon was leading the way as we hiked the trail out of North Canyon. Without any warning Leon leaped into the air. He had just spotted a big rattlesnake lying in the grass beside the trail.
Nicolet Minerals expected to be mining zinc and copper from an underground quarry in Wisconsin by now. Instead, a state review of the project is only 75 percent completed after seven years, a top state regulator said.
The State Division of Governmental Coordination said it should have been asked to review the project a year ago to make sure the mine complies with the Alaska Coastal Zone Management Plan.
What a disappointment! Just when things were beginning to get really interesting and both parties had seemingly hotly contested races for the presidential nominations, both Senators involved promptly said, "I quit!," took their bat and ball and headed home!
The Bawl Mill • Ask the Experts—What is barite used for? • Ask the Experts—Are you able to advise me on the status of HR3824? • Our Readers Say • Sulfides, Selenides and Tellurides • Silver’s Shine is Back • Rahall Looks to Rewrite 1872 Mining Law • Forest Service Attempts to Close Public Access • Revisiting Commerce Resources—A Tantalum and Niobium Mining Project • The Seventymile and American Creek Goldfields • Mining Stock Quotes and Mineral & Metal Prices • Melman on Gold & Silver