Why Did This Silver Mine Close? - Pt III
December 2014 by Bill RichNarrowing down a closure date will allow you to check the commodity price during that time and possibly confirm that a low price, rather than a lack of ore, was the driving force that closed the operation.
In 1967, a local resident showed me a pouch of small gold nuggets and flakes. Several years later I asked the same person where that gold was found. He responded, “From the streambed below the old stamp mill at Apex.”
Geology is a science of general tendencies with frequent exceptions, not one of hard and fast rules that are always true and never vary. For almost every well-accepted rule of gold deposits, I can point you to a number of important exceptions.
Climbing up the debris, I pointed my flashlight up a shaft ascending straight up as far as my light would shine. It was the stope of the pay shoot leading to the old tunnel above!
Ivory Coast has considerable gold reserves, and this nation has the largest area of greenstone belts prospective for gold in the continent.
A few quick calculations show that approximately 11 tons of gold are lost each year just in the manufacture of new cell phones.
The biggest obstacle is that like many streams on the Kenai Peninsula, high water during the summer months from snow melt and rain can make dredging nearly impossible. The best dredging is in the colder months of the year.
The Reno Masonic Lodge was built along the railroad tracks back when Ulysses S. Grant was president and shortly after the Comstock Lode of gold and silver was struck in Virginia City.
The Bawl Mill • Legislative and Regulatory Update • Ask The Experts • Ask The Experts • Ask The Experts • Uncovering the Find of a Lifetime • Suction Dredging Battle Escalates • Guinea Africa: Gold, Ebola, and a Monkey Barbecue • Finding Gold in Tailing Piles • Small-Scale Processing of Hard Rock Ores • 2014 Index - Annual Tables of Content • Melman on Gold & Silver • Mining Stock Quotes and Mineral & Metal Prices