California Gold Rush Begins Again

July 9, 2012 by metalinvestmentnews · Leave a Comment 

By Metal Investment News The U.S. is currently the world’s 3rd largest gold producer behind China and Australia.  2011 U.S. gold production increased 2.6% to 237 tonnes.  Newmont Mining (NEM-NYSE), a $23 billion company, operates 14 open-pit mines and four underground mines in the U.S., producing about 4.7 million ounces of gold in the last [...]

Volcanic Metals (VOL-TSX.V) Joins Yukon Gold Rush

February 21, 2012 by metalinvestmentnews · Leave a Comment 

On August 16, 1896, “Skookum Jim” of the Tagish Nation discovered a large nugget of gold in Bonanza Creek, Yukon. Over the next three years 100,000 prospectors flocked to the Yukon in search of gold. So much gold flowed through Dawson City in the late 1800s that some janitors reportedly got rich sweeping gold dust [...]