Newmont Mining Corp said on January 5 it would pay more than $2 billion in taxes over the life of its proposed Conga mine inPeru after violent protests by residents and local politicians in the Cajamarca region -- where the operation is located -- since November. The protestors claim the Colorado gold miner’s activities will taint their water and affect a major aquifer.
Wednesday, October 26, 2011
Once the gold reserve at a mine has been exhausted, the owner of the mine must rehabilitate the site. Rehabilitation refers to the process of returning mined land to its preexisting condition or a predetermined post-mining use.
Continue reading "The Life Cycle of a Gold Mine: Rehabilitation"
Monday, October 24, 2011
Operating the mine is a very exciting phase in the life cycle of a gold mine. Finally, after years of hard work and millions of dollars invested, a miner can start to see some returns.
Continue reading "The Life Cycle of a Gold Mine: Operating the Mine"
Tuesday, September 6, 2011
Regardless of how valuable of a resource an exploration company discovers, the resource will never be brought to market unless the company can properly assess, and present, the total environmental and socio-economic impacts of going from buried resource- to mine, to reclaimed land.
Continue reading "The Life Cycle of a Gold Mine: Assessment and Approval"
Monday, July 18, 2011
The first step in developing a gold mine is selecting an area for prospecting. While this may seem boring and irrelevant to an investor looking into gold miners, this preliminary phase is the very foundation of a successful mining venture.
Continue reading "The Life Cycle of a Gold Mine: Staking the Claim"
Thursday, May 19, 2011
In an exclusive interview with Gold Investing News, Virginia S. Gillerman, Economic Geologist with the Idaho Geological Survey indicated a “serious increase in gold exploration in Idaho the last couple years.” She expects that, “it will be a very busy field season – somewhat delayed by a hefty snowpack this year.”
Continue reading "Gold Mining in Idaho"
Monday, March 28, 2011
Uzbekistan is a land-locked country in Central Asia, once a member of the former Soviet Union. The country hosts impressive mineral reserves, including gold, copper, molybdenum, silver, zinc and uranium. The mineral sector has been the country’s main economic engine.
Continue reading "Gold Mining in the Republic of Uzbekistan"
Tuesday, March 22, 2011
Premium Exploration Inc. (CVE:PEM) reports initial results of its potential mineralized structures at the Idaho gold project in north-central Idaho, USA.
Continue reading "Premium Exploration Identifies Potential Mineralized Structures"
Tuesday, March 22, 2011
Continental Gold Limited (TSE:CNL) reports results from fifteen diamond drill-holes from it's ongoing program at its Buriticá project in Antioquia, Colombia.
Continue reading "Continental Gold Drills 10.8m @ 43.97 g/t Gold and 54 g/t Silver"
Tuesday, March 22, 2011
Helio Resource Corp (CVE:HRC) reports an exploration update on its Damara gold project (DGP) in Namibia situated 25km - 130km east of AngloGold-Ashanti's Navachab gold mine.
Continue reading "Helio Discovers New Targets at the Damara Gold Project, Namibia"
The Gold Investing Glossary: This glossary covers investing in junior resource companies. For the experienced investor or the newbie, you should find everything you need here. If not, let us know and we’ll research and add what you’re looking for.
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Monday, January 9, 2012