Gold Price Could Restart India's Kolar Mine

Source: Reuters, Jo Winterbottom (9/19/11)

"Gold's meteoric rise has intensified the allure of reopening one of the world's oldest and deepest mines."

Reuters, Jo Winterbottom

Richard Johnson has a glittering dream he hopes India's dilatory government won't thwart. The 60-year-old mining engineer wants to restart gold production at Kolar, site of one of the world's deepest mines in the heart of gold-fevered India.

The Kolar Gold Fields in Karnataka are just a two hour drive from India's IT city Bangalore and were shut a decade ago when it cost nearly 20,000 rupees (about $430) to produce 10 grams of gold there and the selling price was about 4,500 rupees ($95). . .View full article

Ecuador Mining Expert With Green Credentials Joins Co.'s Board
Source: Streetwise Reports (04/22/2024)

BacTech Environmental Corp. announced that the president of the Board of Directors of the Mining Chamber of Ecuador has joined the green tech company's Board of Directors. Read why one expert calls the company's technology "uber-exciting stuff."

Is a Commodities Super Cycle on the Way?
Source: Streetwise Reports (04/19/2024)

Are we at the start of a commodities supercycle? We sat down with McAlinden Research to see what they had to say about the current state of commodities.

Idaho Gold Project Could Produce One-Third of Critical Antimony for US
Source: Streetwise Reports (04/18/2024)

Perpetua Resources Corp.'s Stibnite gold project in Idaho is also expected to provide as much as 35% of the United States annual demand for the critical metal antimony. Find out why analysts are recommending this developer.

Vancouver Explorer Sees 'District-Scale' Project in Colo.
Source: Streetwise Reports (04/18/2024)

Metallic Minerals Corp. announces that all four holes drilled at its Newmont-backed La Plata project in Colorado intersected porphyry-style mineralization from the surface and over their entire lengths.

Field Work Points to Copper Porphyry at Idaho Asset
Source: Streetwise Reports (04/18/2024)

To prove this out, the Canadian company plans additional exploratory work, to commence next month. Read on to learn more about this compelling project.