In the gold rush years geologists and prospectors had similar results in finding gold and silver deposits because for one geologists of a hundred or so years ago did not have the knowledge and understanding of todays geologists and two there were many many more prospectors roaming the mountains and deserts
Oct 15 2019discover the latest in gold and silver news at you can stay up to date with the condition of the gold and silver market as well as obtain the opinions of experts in the gold and silver industry
Gold may occur as deposits called lodes or veins in fractured rock it may also be dispersed within earths crust most lode deposits form when heated fluids circulate through goldbearing rocks picking up gold and concentrating it in new locations in the crust chemical differences in the fluids
Historic gold nugget mine mmc237956 2066 acre lode claim rochester district madison county montana montana gold and silver mines is proud to present the historic gold nugget mine mine unpatented lode 2066 acres
Nov 18 2013mexico the worlds biggest silver producing country and poland host three each of the worlds ten biggest silver mines bolivia turkey peru and australia host the remaining four profiles the ten biggest silver mines in the world based on contained silver reserves
Over time gold and silver prices tend to move in concert mostly in opposition of depreciating fiat currencies recently the price of gold has been about 60 times the price of silver while historically it was closer to 20 times silver prices tend to be more volatile than gold
Jul 30 2015peak gold vs peak silver how will this play out the question many investors may ask after reading the information above is what do these figures mean this is a good question why because i believe it will provide some favorable investment strategies for precious metals investors that arent presently understood
By 2000 bc the process of purifying goldsilver alloys with salt to remove the silver was developed the mining of alluvial deposits and later lode or vein deposits required crushing prior to gold extraction and this consumed immense amounts of manpower by ad 100 up to 40000 slaves were employed in gold mining in spain the advent of
Story developed using data from mining intelligence learn more and schedule a demo silver is often outshone by gold with most precious metals investors paying attention to the yellow metal but
Do gold mining stocks outperform gold bullion over time precious metals mining stocks collect their profits based on the spread between mining costs and the value of the metal being dug out of the ground when the gold price rises by say 50 the profit per ounce of gold bullion produced accruing to a gold mining pany might double or triple
Gold pricesthe price per ounce of bullion or coin such as kruggerand or american eagle gold coinshave shot up in the past several years silver prices have followed suit see the current price of silver for exampleif you listen to mercials or read advertisements prices can only go up
Deposits in these districts generally are goldquartz lodes prospecting for lode deposits of gold is not the relatively simple task it once was because most outcrops or exposures of mineralized rock have been examined and sampled
Hydrogeochemical prospecting for gold groundwater collected from wells springs and drill holes may provide clues to the presence of subsurface gold deposits as groundwater flows through the deposit minute amounts of gold are leached from the rocks these can sometimes be detected in groundwater samples collected from wells located down gradient from the deposit
What the future may hold for gold mining in mexico remains to be seen but for now the country continues to be a top producer of gold as well as many other modities including silver zinc
There are a number of viable options for storing gold at home storing silver at home or bullion storage programs at thirdparty silvergold storage facilities home safes decoy safes ground burial safedeposit boxes and secure bullion storage facilities can all be good places where to store gold bullion and silver bullion
This piece of gold ore does not look very spectacular but millions of tons of this material have revolutionized gold mining across the world it is a sediment hosted bulk gold deposit this gold ore is typical of a great series of deposits extending north and south from near carlin nevada have yielded millions of ounces of gold
Silver a precious metal is an element monly used in jewelry coins electronics and photography it has the highest electrical conductivity of any metal and is therefore a highly valuable
Hecla mining company nyse hl is the oldest silver and gold mining pany in north america established in 1891 in cor dalene idaho it ranks as one of the leading lowcost silver mining
Many investors hold gold and silver to hedge against various economic crises but does this hedge hold up during stock market crashes knowing what effect a market plunge and subsequent dollar collapse will have on silver and gold is vital to making investment decisions now and then deciding what course to take should a major recession or depression occur
Gold and silver stocks its good to invest in gold and silver stocks but you would need to focus on pure gold or silver players the mining panies and an indepth research is necessary for the mining panies higher prices for gold and silver ensure higher
Epithermal deposits are a type of lode contain economic concentrations of gold silver and in some cases base metals such as copper lead and zinc like other lode deposits the
Jul 12 2013epithermal gold deposits are among the richest gold deposits in the world with some bonanza grade ore shoots containing more than 1000 gt gold or in other words a kilogram of gold for every tonne of rock mined unfortunately the tonnage of ore in epithermal veins is typically small pared with other types of lower grade gold deposits
History silver was discovered after gold and copper about 4000 bce when it was used in jewelry and as a medium of earliest known workings of significant size were those of the prehittites of cappadocia in eastern is generally found in the bined state in nature usually in copper or lead mineralization and by 2000 bce mining and smelting of silverbearing
The price differential between gold and silver can be very very fluid it is impacted by the amount of silver being mined political issues and the general state of the global economy when it es to rarity gold is a rarer metal pared to silver however this does not discount the fact that silver has a lower spot price pared to gold
