Category: mining and recycling
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BLM Approves Goldrush Mine in Nevada.
The Bureau of Land Management has approved the Goldrush Mine project, part of the Nevada Gold Mines Cortez Complex, anticipating a 24-year operation employing around 570 people. This decision reflects the Biden-Harris administration’s commitment to a collaborative permitting process involving various stakeholders, governments, and tribal entities. Key Highlights: The Bureau of Land Management (BLM) has…
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Prospecting for gold in Southern California.
Prospecting for gold in Southern California holds a rich history, with notable areas such as Kern, San Gabriel River, San Bernardino, Joshua Tree, and coastal spots still yielding decent amounts of gold. While striking it rich might be unlikely, places like San Gabriel remain popular due to rumors about an undiscovered motherlode. However, prospectors must…
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Gold Prospecting and Panning: A Comprehensive Guide
Embarking on yet another passion, my interest in gold prospecting was ignited during my travels through the historic mining towns of the West. Captivated by the allure of uncovering the coveted yellow metal, I succumbed to the inevitable gold fever. What ensued was an immersive journey into the world of prospecting, transitioning from unsuccessful attempts…
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North Carolina’s Rich Gold Mining Legacy and Top Panning Spots
The optimal locations to discover gold in streams are where the water widens or experiences changes in velocity, such as the insides of bends or slow-water areas below rapids. Gold has a tendency to work its way down to the bedrock, accumulating in crevices, depressions, and potholes within the underlying rock. For those seeking flood…
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A Visual Journey Through Two Centuries of Global Gold Production.
The timeless art of gold mining has a history spanning millennia, but astonishingly, approximately 86% of the world’s above-ground gold has been unearthed in just the past two centuries. With the advent of modern mining methods enabling large-scale extraction, global gold production has witnessed an unprecedented surge since the 1800s. In this presentation, we employ…
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Gold Mining’s Precarious Future: Profitability Forecasted to Fade by 2050
Mining gold is expected to become unprofitable by 2050, a fact that hasn’t received much attention on this subreddit during my month-long tenure here. Given that this is only three decades away, and considering that holding onto gold is typically a long-term investment strategy, what do you anticipate happening as we approach this critical timeline?…