Category: mining and recycling
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U.S. gold production is down.
U.S. gold production dropped 4% in the first five months of this year, the U.S. Geological Survey said Thursday in its Mineral Industry Surveys gold report. Total domestic gold production for the period from January through May was 89,200 kilograms (2,867,846 troy ounces). The state of Nevada led U.S. gold output with 64,900 kilograms (2,057,647…
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Nevada voters to decide fate of mining taxation.
Nevada voters will decide next year if the Nevada State Constitution’s limit on hardrock mining taxation should be removed. On a party-line vote with all Republicans opposed, the Nevada Assembly voted 26-15 to approve Senate joint Resolution 15. It passed the Senate 17-4 in April and does not require the governor’s signature to be placed…
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Africa’s mining sector is going to get through its troubles.
There have been a lot of declarations made in South Africa since last year’s tragedy at Marikana; everything from government pronouncements and union calls to pleas from business. Much fanfare accompanied the “framework for peace and stability in the mining industry” that was unveiled in February as an attempt to solve some of the issues,…
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Seafield discover new gold-copper mines in Colombia.
Seafield Resources cuts two long gold copper intercepts near its Miraflores project in Colombia. Seafield Resources cut a pair of long gold-copper mineralized intercepts in the first two drill holes ever on its Tesorito target, about 800 metres southeast of its Miraflores gold-copper project 100 kilometres south of Medellin, Colombia. The copper-gold intercepts, about 200 metres…
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Investment opportunities in copper and aluminium, 2021-2022.
Base metals stocks, like gold stocks, nowadays offer some enormous investment opportunities. They fell so low, along with most base metals prices that, particularly with the improved economic recovery in the U.S. and in some other nations, and with China showing some positive growth indications again, there is relatively little downside remaining. Indeed base metals stocks…
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What is the Difference between 18k and 24k Gold Price?
To begin, what is a karat? The karat is the unit of measurement that is used to describe the amount of gold that is within an alloy. 24 karat gold is made up of 99.9 percent gold, whereas 18 karat gold is only 75 percent. The 24k gold price will always be higher than 18k…
