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Fix or Replace, Depreciate or Write-Off

In today’s economy, the question is often not whether to fix or replace equipment, fixtures, business assets or even the building housing the mining operation or mining-related business, it is which path is affordable.

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The Great Gold Rush of Nome, Alaska


Gold was mined in the Council Region several years before it was known at Nome, and from this vicinity the prospectors set out and made the Nome placers familiar to the world.

Reading A River: Finding The Paystreaks—Part II


How to read a river for gold deposits.How to read a river to find gold. In this second of a two-part series, we will take a look at how a river’s grade affects the formation of paystreaks, and how to go about reading a river to see the various catches and parts of a stream where...

Gold Rush Continues in Africa


…some miners are doing exceptionally well… with a few obtaining amounts estimated in the millions of dollars.

How to Stake Your Own Mining Claims—Part II


I’d like to offer some practical comments about staking and maintaining mining claims. Owning your own claim is the dream of many prospectors. I’ve made good money off my mining claims, both from the minerals I have found on them as well as from leasing out some of my claims to larger mining and exploration companies.

European Gold Miners Seek Clarification Letter


Three European gold mining companies want the Bank of England to publicly state its activities in the gold and gold derivitatives markets. In a letter to the Financial Times, three small mining companies representing the majority of European gold production said since the start of the year, scores of reports about manipulation of the gold price had surfaced.

How Far To The Gold?


…in spite of the fact that the well-pounded spots probably don’t have much gold left, I see all too many prospectors hike down to a creek or other spot at the first place the road comes near it just because it’s the easiest access point.

Picks & Pans: Arizona Desert Drywashing Adventure


As a dedicated dredger, this was to be a totally different experience. Finding gold without using water seemed almost impossible.

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