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Posts Tagged ‘Gold’

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A brief note to point you to a new infographic from the National Mining Association.   Here is the link to their infographic on the Olympics and the role gold plays in our lives.  (more…)

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Took the grandkids to see the latest Hobbit’s movie today.  Three long hours of fighting orcs and dwarves seeking to get back their gold.  The premise of the movie is that the dwarves mined gold, made & collected gold coins, goblets, and chalices; and lived in a fortress in the hills. Of course much gold did not bring them wealth or peace.  Instead a dragon came, destroyed the town, scattered the dwarves, and went to sleep amongst the gold.  He was happy.  The dwarves sought to regain the gold and an odd jewel that all had sworn on to defend the faith.  It falls to a Hobbit to get the jewel and get rid of the dragon. (more…)

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Gold & Gold Mining Blogs

Gold fascinates all of us.  That us why there are probably at least one hundred blogs on the topic.  Here is the link to a site that lists them all. (more…)

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Always on the lookout for mining scams, I came across the news report repeated below.  This Californian scammed an elderly couple of $5 million promising to extract gold from abandoned mines.  I can never quite understand how somebody who is smart enough to accrue so much money, can be so stupid as to part with it on the flimsiest of evidence–or no evidence at all.  (more…)

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Before coming to Santiago, I had thought of Chile as a place of copper mines.  Today I learnt that gold was and is a major mined product of Chile.  Today I lunched with two young geologists exploring the hillsides above an old placer deposit which, they tell me, financed the founding of Santiago and ultimately the country itself. (more…)

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The golden rule of investing in a junior mining company is to ask and satisfactorily answer the question: who owns & runs the company?  In reality, investors go for juniors because their story is simple; the time-line to profit short; and there is something exotic & mysterious about their ore body. (more…)

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Music, in particular opera, has brought me far more pleasure than gold.  I have a few ugly gold cufflinks—can you find shirt to wear them with these days?  I have many gold rings; one sporting a one-carrot, yellow, Australian diamond.  They are beautiful, and still fit my fingers after many years.  But they are empty reminders of past times, past loves & joys, and a world that is gone.  (more…)

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If you are a gold-bug or if you simply delight in stories about the sidelines of gold, then you must go and read an article in the New Yorker of October 10, 2011.  Here is a sample of the story: (more…)

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One of the privileges of being Canadian and American is that we can ask the question: What is ethical mining?  Forget those trite old questions about sustainable mining and responsible mining!  One of the privileges of being South African and a blogger is that we can answer the question: What is ethical mining? (more…)

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We all like to celebrate the value of mining.  We all like to praise the benefits of mining and enjoy the good life it brings.  I remind myself of the pleasure of the beauty of diamonds as I walk the halls of a northern diamond mine.  I remind myself of the warm feeling of possession as I struggle the issue of the stability of a tailings impoundment at a new silver mine.  Yet sometimes, I pause and wonder if mining is truly a source of the good life, or merely another in a string of human activities aimed at bragging and getting and exercising power.  Maybe we do need mined products to buy the insurance of a good life after death by donating to the church or temple.  (more…)

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