Jump to content

Search the Community

Showing results for tags 'gold news'.

  • Search By Tags

    Type tags separated by commas.
  • Search By Author

Content Type


Forums

  • Metal Detecting & Gold Prospecting Forums
    • Meet & Greet
    • Detector Prospector Forum
    • Metal Detecting For Coins & Relics
    • Metal Detecting For Jewelry
    • Metal Detector Advice & Comparisons
    • Metal Detecting & Prospecting Classifieds
    • AlgoForce Metal Detectors
    • Compass, D-Tex, Tesoro, Etc.
    • First Texas - Bounty Hunter, Fisher & Teknetics
    • Garrett Metal Detectors
    • Minelab Metal Detectors
    • Nokta / Makro Metal Detectors
    • Quest Metal Detectors
    • Tarsacci Metal Detectors
    • White's Metal Detectors
    • XP Metal Detectors
    • Metal Detecting For Meteorites
    • Gold Panning, Sluicing, Dredging, Drywashing, Etc
    • Rocks, Minerals, Gems & Geology

Categories

  • Best of Forums
  • Gold Prospecting
  • Steve's Guides
  • Steve's Mining Journal
  • Steve's Reviews

Categories

  • Free Books
  • Bounty Hunter
  • Fisher Labs
  • Garrett Electronics
  • Keene Engineering
  • Minelab Electronics
  • Miscellaneous
  • Nokta/Makro
  • Teknetics
  • Tesoro Electronics
  • White's Electronics
  • XP Metal Detectors
  • Member Submissions - 3D Printer Files
  • Member Submissions - Metal Detector Settings

Find results in...

Find results that contain...


Date Created

  • Start

    End


Last Updated

  • Start

    End


Filter by number of...

Joined

  • Start

    End


Group


Website URL


Facebook


YouTube


Instagram


Twitter


Pinterest


LinkedIn


Skype


Location:


Interests:


Gear In Use:

  1. Hi all for some who did not see it here is: its bigger then Texas Hope you enjoy watching. GoldEN
  2. "A giant gold coin bearing the Queen's image, and worth $4m (£3.2m), has been stolen from a museum in Germany. The Canadian coin, nicknamed the "big maple leaf", has a face value of $1m - but because it is 100kg (220lb) of pure 24-carat gold, its value is much higher at today's price for gold bullion. It was taken during the night from the Bode Museum in Berlin." Read the full story here
  3. http://www.sfgate.com/bayarea/article/gold-panning-oroville-dam-storms-erosion-10966360.php
  4. Just an observation. The price of gold as measured in U.S. dollars has been remarkably stable, averaging around $1200 per Troy ounce for going on four years now. This chart was generated at Gold.org starting in July 2013. Click on image to enlarge. Of course the currency used makes a difference. While gold has been stable or even slightly declined in U.S. dollars over the last four years, it has overall been on the increase as measured in Australian dollars. In my opinion rising gold prices have had a lot to do with keeping many of us in the field still metal detecting for gold. In the U.S. and Australia the easy detectable gold has been playing out, and where finds were once measured in ounces per day finding grams per day is now more common. Yet when I started getting serious about metal detecting for gold around 1998 the U.S. price was under $300 per ounce. Back then if I could detect eight ounces of gold in a week and get the full price for it, I would have been looking at around $2400. Now at $1230 I only have to find about 2 ounces of gold in a week to net the same $$2400. Of course a buck is not worth what it used to be, but in my opinion this overall increase in the price over the last 20 years is propping up the electronic prospecting in older, played out regions. And while prices have been stable here the last four years you Aussies have actually seen a bit of increase over the last couple year - that has to help. I wonder how many people would still be out detecting for gold if it was still under $300 per ounce?
  5. I find it very hard to comprehend the mindset of this person!! https://www.odt.co.nz/regions/queenstown-lakes/second-largest-gold-nugget-found-lost
  6. http://ottawacitizen.com/news/local-news/egan-170k-in-mint-gold-allegedly-smuggled-in-body-cavity-judge-hears
  7. I stumbled across this Gold ETF fund and need advice before I invest my hard earned moola. Supposedly, this thing is up over 500% for 2016 .They just had a 5 for 1 stock split last month. What exactly is an ETF vs a mutual fund or stock? I know they have a big position in Van Eck Gold mines. Does one have to pay taxes on gains in an ETF before cashing out? I heard mutual funds with gains are subject to income tax at year end even if you don't cash out. That could be rather painful vs buy and hold with an individual stock. Getting less than 1/2 % interest in the bank just isn't very appealing lately. Heck, some banks are charging people a FEE for their Saving Accounts now. -Tom
  8. The Mercury dime has always been one of my favorite coins. I did not know that the mint had restruck a limited number this year in pure gold to commemorate the 100th anniversary of the issuance of the coin. From http://catalog.usmint.gov/mercury-dime-2016-centennial-gold-coin-16XB.html Introducing the 2016 Mercury Dime Centennial Gold Coin. This is an event 100 years in the making. Beautifully struck in .9999 fine 24–karat gold, the Mercury Dime Centennial Gold Coin features Adolph A. Weinman’s original Winged Liberty design. This gold dime coin is commonly referred to as the Mercury Dime because of Liberty’s resemblance to the Roman god. Each coin contains one–tenth troy ounce of 24–karat gold, symbolic of the coin’s denomination of one dime, and is struck with a business strike finish. The obverse (heads) features a portrait of Liberty facing left, wearing a winged cap, with the inscriptions “LIBERTY,” “IN GOD WE TRUST,” “2016” and the artist’s initials, “AW.” The reverse (tails) includes a Roman fasces and an olive branch, symbolizing America’s military readiness and desire for peace. Inscriptions are “UNITED STATES OF AMERICA,” “E PLURIBUS UNUM,” “AU 24K,” “1/10 oz.,” and “ONE DIME.” Each coin is encapsulated and hand packaged in a custom–designed, black–matte hardwood presentation case and accompanied by a Certificate of Authenticity. In 2016, the U.S. Mint will mark the centenary anniversary of three numismatic icons with the release of the Mercury Dime, Standing Liberty Quarter, and Walking Liberty Half Dollar Centennial Gold Coins. The dime sold out and is now available for resale at up to double the issuance price. The new gold version of the Standing Liberty quarter just went on sale, also in limited quantities at http://catalog.usmint.gov/standing-liberty-2016-centennial-gold-coin-16XC.html?cgid=gold-coins#start=1
  9. Check this out...... The US is Now the Preferred Destination for Gold Mining Companies By the way this article is about 2 years old.... I just came across it... things may have changed considerably.
  10. Olympic gold medals have not been made out of solid gold since 1912. They are now gold plated silver. Currently a gold medal weighs 500 grams - 6 of those grams are gold and the other 494 grams are silver. The size has varied over the years and the current medal is 85 millimeters or 3.35 inches in diameter. At today's price of US$43.54 per gram for gold and US$0.64 per gram for silver a medal has a theoretical smelt price of US$577.40 Source and more details at http://www.bnd.com/living/liv-columns-blogs/answer-man/article95816867.html and also manufacturing photos at http://www.dailymail.co.uk/news/article-3742729/Why-gold-isn-t-worth-think-Medals-cost-587-haven-t-pure-gold-1912.html
  11. A new titanium/gold alloy has been discovered that is harder than many steels, with promising applications in the medical field. And possibly a factor in gold prices if it comes into widespread use. https://www.rdmag.com/article/2016/07/hybrid-titanium-alloy-could-build-durable-prosthetics http://www.bbc.com/news/science-environment-36855705
  12. http://www.bbc.com/news/world-asia-india-36804209
  13. Probably only a few of you have not noticed the upward movement in gold since the first of the year. Starting the year at around $1040 in early January, as I write this gold is at $1367, a 31% increase. I only wish my stocks had done as well! HBC Bank predicts that gold will hit a ceiling of around $1400 in the near term. http://www.kitco.com/news/2016-07-05/HSBC-Ups-Gold-Forecast-But-Sees-Potential-Ceiling-At-1-400-Oz.html I was having lunch with a prospecting friend last week and he was saying he thought gold might hit $1800 next year in 2017. I am of a mind that is less excited, and I think gold may hit $1500 next year. Still, either way, things are getting better and it seems like the bottom of the cycle is over and we are on the way up. What do you gents think?
  14. Even the cartel's are in on it. http://www.theguardian.com/environment/andes-to-the-amazon/2016/may/01/gold-mining-in-peru-forests-razed-millions-lost-virgins-auctioned
  15. So, the British pound is crashing after Britain leaves the European Union - was looking through stocks and noticed that gold is up about 5% already today. Also, if you need to buy anything from Great Britian now is the time as the GPS is going to be weaker against the dollar than normal.
  16. https://student.societyforscience.org/article/gold-can-grow-on-trees-pointing-rich-deposits-precious-metal-below-ground I was doing some research on Stunted trees as related to possible Plant indicators for gold and came across this website. Eucalyptus trees in Australia found 1 lucky geologist a big gold strike . I was told some trees I found that looked like they belonged in an evil enchanted forest could be indicating a rich mineral deposit close by? The same trees, just 150 feet upstream on this little gully are so stately by comparison, 100+ feet in height and maybe 2 foot thick trunks and thick leaf cover, whereas downstream the Evil trees have thick branches within 2-3 feet of the ground and might be 25 feet tall, short, fat, and UGLY. The gully starts out as black soft mud by the stately trees and is brush covered and dry by the stunted trees. The adjacent fields are gravel and there is a gravel quarry just north maybe 1/4 mile. And a large gravel bottom creek runs thru the area to the nearby river. I haven't been to the area in a long time cause there were hand size paw prints in the sand with 3 BIG toes and following a deer. I am assuming it was a cougar, not a coyote? I didn't feel like being cat food. I don't like guns either. -Tom
  17. This is a really great article with photos but may be difficult to access via mobile devices. Loaded instantly on by PC but apparently the mobile version of the page is huge. Worth it though if you can get to it. "Winners and losers in Mongolia's mining gold rush. They call them ninjas: driven by lack of opportunity, tens of thousands of Mongolians, including children, are engaged in illegal gold mining, often in extremely harsh and dangerous conditions, writes Zigor Aldama" http://www.scmp.com/magazines/post-magazine/article/1939514/winners-and-losers-mongolias-mining-gold-rush
  18. Might be time to hold selling gold, but as per norm some analyst's are bullish some are bearish, but 2016 rise so far may be an indication.??????? http://www.gold-eagle.com/article/gold-price-update-14
  19. COLUMBIA, SC By the end of this year, miners expect to begin unearthing potentially billions of dollars in gold north of Camden after nearly a decade of efforts. OceanaGold., an Australian-headquartered company, has cleared parts of its mining site, begun construction of a mill and started excavating mining pits near the town of Kershaw, company officials said. Once work crews scrape away rock that sits atop the gold, OceanaGold will begin extracting the precious metal and processing it in the mill, officials said at a geology conference Thursday in Columbia. OceanaGold should be pulling gold from the first of eight mining pits within eight months, officials said. A tailings waste pond also is under construction. “We went from exploration, where we were employing a hundred people, until now, when the job site is four times busier,’’ OceanaGold’s James Berry told The State newspaper. “We’re getting ready to get to the ore.’’ The company, which led a tour of the site Wednesday for more than 30 visiting geologists, provided a brief update Thursday during the Geological Society of America’s southeastern conference at the Columbia Metropolitan Convention Center. After the meeting, Berry said the company still has plans to mine up to 2 million ounces of gold. The company has located another 2 million ounces that could be mined later. At more than $1,200 per ounce, the value of the gold identified in Kershaw would be nearly $5 billion. Efforts to open the mine began about nine years ago when an exploration company located substantial deposits at the site of the historic Haile Gold Mine, Berry said. But the initiative took years, in part because OceanaGold’s predecessor, Romarco Minerals Inc., had to secure an array of environmental permits. The company’s proposal sparked large community meetings, questions from state and federal regulators, and skepticism from environmental groups. The OceanaGold mine, with pits of more than 800 feet deep, would be the largest mining operation of its kind in the eastern United States. It will extract gold from open pits, but the company also has considered a shaft mine. Conservationists were hesitant to endorse the project because it could destroy as many as 1,100 acres of wetlands and increase the chances that acid would drain from the mining operation into groundwater and streams, as had happened at other mining sites in South Carolina. But Romarco secured its final environmental permit early in 2015 and within seven months had agreed to merge with OceanaGold, which also operates mines in Asia. Many environmental groups backed away from their opposition after Romarco agreed to buy nearly 5,000 acres of land near Columbia and Kershaw for use as nature preserves. The state Sierra Club was the lone holdout, eventually challenging a mining permit. The club settled the case after Romarco agreed to double the amount of cash it would post for an environmental cleanup. Romarco agreed to post $10 million in cash as part of the settlement. Berry said the company today has taken extra precautions to protect the environment, including a system to control acid drainage -- a persistent problem at gold mines across the country. He also said the mine’s economic impact is helping the town of Kershaw. The former textile town had one of the highest unemployment rates in the area at one time. The company has said it expects to employ up to 800 workers through the project’s entire 13-year life Related content Local Read more here: http://www.charlotteobserver.com/newhttps://www.youtube.com/watch?v=lyIq5v1ztDYshttps://www.youtube.com/watch?v=lyIq5v1ztDY/local/article69517272.html#storylink=cpy
  20. Im sure this is old news to some of you,this patent was applied for in 2014 by (Rebeca Lai),associate professor of chemistry at the University of Nebraska. I just recently seen this and thought it may be another tool for the guys wandering the creeks and streams. The sensor is very small and uses a type of test strip that you use in the water supply you are testing. They also test for silver ,mercury ,lead and other metals. Supposed to be inexpensive,portable, on paper strips. The detected gold has to come from metalic gold,so if gold is found in a water supply, a gold deposit is somewhere nearby. I have not looked up the study on this yet but it sounds very Interesting. we will be able to do our own testing of personal water supplies without hiring it done also they claim,if i can find the right understandable study I will get the link and post it. Rick
  21. Well, now. How about that? http://www.geologyin.com/2016/03/researchers-discover-bacteria-that.html
  22. For those of you just waking up, check gold prices today. As of 8 AM Pacific time, it's up $44 an ounce.
  23. Didn't know there was gold in Malaysia in such significant quantities...check this guys Instagram out. http://webgram.co/gold_jungle_cheap_station Sack O' Potatoes
  24. This is a collection of very high quality photos at Boston.com It is an eclectic and I think thought provoking look at various aspects of gold and gold mining - the good, the bad, and the ugly. http://www.boston.com/bigpicture/2012/08/gold_1.html
×
×
  • Create New...