SloatLou W. Sloat is a Natural Resources Forester who recently moved to Texas after living in Alabama for a number of years.He spent many hours driving around the state of Alabama researching the state's old mines. He is currently studying the history of copper mining in Alabama....
Although the price of gold has increased significantly since 1967 when the fixed price of $35 an ounce was terminated, the increases in the cost of virtually every supply and service item needed in prospecting and mining ventures have kept profit margins at moderate levels, particularly for the ...
If a state has debt denominated exclusively in Federal Reserve Note “dollars” but has some revenue denominated in gold (such as through mining severance taxes), fluctuations in the prices of either can affect the state’s ability to amortize its debt payments without risk and/or hedging costs...
in 1799 and gold mining started there in 1803. A major gold rush took place in Georgia in 1828 and a lesser rush occurred in Alabama in the 1830's. Most of the gold mining districts in the West were located by pioneers, many of whom were experienced gold miners from Alabama and ...
Demand picked up in December with the approach of the Lunar New Year, but a tight supply chain wasn't able to fully meet consumers' needs. On the investment side, global gold demand increased 2 percent, mainly due to the prevalence of gold-backed Exchange Traded Funds, which are popular ...
KATE:Although gold mining stocks' movements are correlated with the price of gold, company-specific issues can potentially take some shine out of those stocks, even while gold bullion is trading higher. That could cause a divergence in the price of gold mining ETFs relative to the price of a...
The first gold mine in Colorado owned by a woman.The mine was discovered is 1891 and operated until 1961. It is currently a museum of the history of gold mining in the area. The decent into the mine begins by packing into a mine elevator, maybe 6*6, with 9 of your...
Fee mining sites are places where you can pay a fee to dig for rocks, minerals, gold or gemstones and keep whatever you find. There are many places in the United States where you can pan for gold and have a reasonable chance of finding some. There are al
Illegal gold mining in the Amazon has reached "epidemic" proportions in recent years, causing damage to pristine forest and waterways, a conservation group said Monday as it released an unprecedented new map of the activities.
California and of the southern states, from Virginia to Alabama, is auriferous and is mined for the gold it contains. Gold is separated from the pyrite partly by crushing and amalgamation and partly by smelting or by leaching processes. Within the pyrite crystals, gold occurs as inclusions of...