Haunted Mines Open for the Halloween season

Thursday marks the first day of the Haunted Mines season.

 

As the lore goes, 100 miners died mysteriously in the depths of a Colorado gold mine after the greedy mine owner suspected they were stealing. Now, those miners haunt that old shaft.

 

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Franklin Mining To Develop Clear Creek County Mine

Franklin Mining has decided that because of the ever increasing value of Ore, that it is supremely advantageous at this time to execute on the opportunity to develop the Company’s mining property in Clear Creek County, Colorado
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Mining school grads top Harvard grads in pay

Harvard University’s graduates are earning less than those from the South Dakota School of Mines & Technology after a decade-long commodity bull market created shortages of workers as well as minerals.

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Reflections on the Denver Gold Forum

DENVER (MINEWEB) - The annual Denver Gold Forum has been over the years perhaps the most significant, and best respected investment related gold mining conference held anywhere in the world - and the organisers, The Denver Gold Group's policy of placing restrictions on the size and quality of the companies presenting, and the quality of the audience, which again is strictly controlled, helps maintain this position.
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Gold's 111% rise from QE1 to QE3

The price of gold jumped more than $30 an ounce today after the US Federal Reserve announced a third round of monetary stimulus called quantitative easing.

QE has been a massive boon for gold. When the Fed floods markets with cheap money, gold’s allure as a storer of wealth and an inflation hedge is burnished. Loose monetary policy also weakens the dollar, further boosting the yellow metal.

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Colorado Goldfields Reverse Stock Split Approved

LAKEWOOD, CO -- (Marketwire) -- 09/13/12 -- Colorado Goldfields Inc. (OTCQB: CGFID) (OTCQB: CGFIA) announces that the Company has received approval from the Financial Industry Regulatory Authority, Inc. ("FINRA"), of its 5000:1 reverse stock split. Beginning September 12, 2012, the symbol will be "CGFID." After 20 business days, the symbol will revert to the original symbol, "CGFIA." The post-split shares are assigned the new CUSIP number of 19647Y609. Transmittal letters will be sent to all shareholders of record affected by this reverse stock split by the Company's transfer agent, Corporate Stock Transfer of Denver, Colorado.

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Invest in What China Needs to Buy: Don Coxe

The US is no longer the safest place in the world to invest, says Don Coxe, a strategic advisor to the BMO Financial Group. While US-based companies are forced to wade through red tape and legal challenges, relatively lax regulation in emerging economies created stiff competition. In this exclusive interview with The Energy Report, Coxe explains how investors should position themselves as China and India rise to superpower status.

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Risk of lawsuits preventing cleanup of abandoned mines in Colorado

MONTEZUMA — Colorado mining authorities have dug through a mountainside and reopened the dark granite shaft of an abandoned mine that turned deadly — trying to find options for dealing with one of the West's worst environmental problems.

The Pennsylvania Mine, perched above timberline, discharges an acidic orange stream moving 181 pounds per day of toxic metals into Peru Creek and the Snake River, which flow into Denver Water's Dillon Reservoir.

The poisoning of the watershed has gone on for more than 60 years.

Yet state officials say the risk of lawsuits prevents cleanup of this mine and thousands of other abandoned mines that have impaired 1,300 miles of Colorado streams and, according to federal estimates, the headwaters of 40 percent of Western rivers.

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School of Mines gets $225K grant to pursue methane hydrates

The Colorado School of Mines has won a $225,000 grant from the U.S. Department of Energy to help improve the ability to locate methane hydrates--natural gas trapped under polar tundra and ocean sediment.

Ice that burns
 

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Mineral prices spur renewed interest in Clear Creek mining

FRANKLIN MINING, INC. (Pink Sheets: FMNJD) – is pleased to announce that the Company has revisited the opportunity to launch development on the Company’s mining property in Clear Creek County, Colorado. Franklin’s Gem and Freighters Friend Mines are situated on the JL Emerson fault Zone; one of the largest mineralized faults in the Idaho Springs mining district. In past evaluations the property has revealed the probability of yielding strong mineral production.

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