Surging Gold Prices Burn a Few Unlucky Mining Firms
November 1999 by Associated PressThe extraordinary rebound in gold prices is claiming some unlikely victims—a few of the gold mining companies themselves.
Q: Are there any mills that handle VMS ore?
Some of the gold is placer that was beat up as it traveled; however, quite a bit of the gold is pocket gold that is running along the surface in this area.
During the two weeks that Jack had been hanging around the dump, no more than a dozen words had passed between us. As far as I knew, he didn’t know any more about me than I did about him. Consequently, I couldn’t believe my ears when I heard Jack ask, “Would you like to come and work with me?”
Present conflicts and realizations having to do with dependence on China have illuminated the fact that suction dredge miners have a vital role to play and are an ignored and untapped domestic resource—until now.
Back when I was in college, when I first started classes, the demand for new engineers was so strong that every graduate had multiple job offers without even trying.
There are a number of Tertiary river channels in the area, most of which trend south-southwest. They tend to be steep, narrow, and rich with coarse gold.
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