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    At least 12 workers trapped in China gold mine are still alive: Xinhua

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    Island resident will get Congressional Gold Medal Bar

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    Solly was a great newshound with a heart of gold

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    Gold Exceeds U.S. Dollars in Russia’s Reserves as Putin Focuses on De-Dollarization

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    City proposes new ‘gold belt’ to limit urban sprawl

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    Payne Haas arrested after incident on the Gold Coast, reports

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    Vaccine fuels new gold rush

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    Silver Alert declared for 22-year-old Gary woman

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    Silver Alert canceled for Charles Tiebe of Terry

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    2 dogs dead, 5 people safe after house fire in Silver Lake – KSNT News

    Gold prices down by Rs 8,400 in last 5 months, silver plunges by Rs 14,400; check latest rates here

    Gold prices down by Rs 8,400 in last 5 months, silver plunges by Rs 14,400; check latest rates here

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    Silver Alert canceled after missing 65-year-old Phoenix woman found

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    Noida: Home guard held for snatching silver bar, another on run | Noida News

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    Florida Silver Alert issued for 87-year-old Miami man

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    Shot by deputies in 2018, Silver Lake man gets ‘second chance’

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    Silver Minings: Raiders website gives out awards for 2020 season

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    Globe Platinum customers honors medical front liners with Noche Buena feasts on Christmas Eve

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    Eastern Platinum Limited Is Pleased to Report PGM Revenue and Site Update

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    Palladium Surges above $2,400. Is It Sustainable?

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    South African mine closures push palladium prices up 15%, platinum jumps 11%

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    Stay gold, ‘Plaid for X’ startups – TechCrunch

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    Pure Gold Mining celebrates first gold bar from new Western Ontario mine

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    Top Mining Stocks for Q1 2021

    Mining company to pay New Mexico $11 million for toxic Gold King spill | Local News

    Mining company to pay New Mexico $11 million for toxic Gold King spill | Local News

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    Campbelltown moving to restart mining without GGMC’s approval

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    4 Gold-Mining Stocks to Watch | Stock Market News

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    Bitcoin chaos: Wall Street icon Burton Malkiel explains how cryptocurrency could collapse | City & Business | Finance

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    After dizzying gyrations, what’s bitcoin really worth?

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    Bitcoin owner who lost password made peace with potential $220 million loss

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    At least 12 workers trapped in China gold mine are still alive: Xinhua

    At least 12 workers trapped in China gold mine are still alive: Xinhua

    Island resident will get Congressional Gold Medal Bar

    Island resident will get Congressional Gold Medal Bar

    Solly was a great newshound with a heart of gold

    Solly was a great newshound with a heart of gold

    Gold Exceeds U.S. Dollars in Russia’s Reserves as Putin Focuses on De-Dollarization

    Gold Exceeds U.S. Dollars in Russia’s Reserves as Putin Focuses on De-Dollarization

    Female UAE cop’s inventions bag three gold medals – News

    City proposes new ‘gold belt’ to limit urban sprawl

    City proposes new ‘gold belt’ to limit urban sprawl

    Payne Haas arrested after incident on the Gold Coast, reports

    Payne Haas arrested after incident on the Gold Coast, reports

    Jeweller cheated of Rs 17 lakh worth gold | Rajkot News

    100 sovereigns of gold stolen from businessman’s house | Coimbatore News

    Vaccine fuels new gold rush

    Vaccine fuels new gold rush

  • Silver
    Silver Alert declared for 22-year-old Gary woman

    Silver Alert declared for 22-year-old Gary woman

    Silver Alert canceled for Charles Tiebe of Terry

    Silver Alert canceled for Charles Tiebe of Terry

    2 dogs dead, 5 people safe after house fire in Silver Lake – KSNT News

    2 dogs dead, 5 people safe after house fire in Silver Lake – KSNT News

    Gold prices down by Rs 8,400 in last 5 months, silver plunges by Rs 14,400; check latest rates here

    Gold prices down by Rs 8,400 in last 5 months, silver plunges by Rs 14,400; check latest rates here

    Silver Alert canceled after missing 65-year-old Phoenix woman found

    Silver Alert canceled after missing 65-year-old Phoenix woman found

    Noida: Home guard held for snatching silver bar, another on run | Noida News

    Noida: Home guard held for snatching silver bar, another on run | Noida News

    Florida Silver Alert issued for 87-year-old Miami man

    Florida Silver Alert issued for 87-year-old Miami man

    Shot by deputies in 2018, Silver Lake man gets ‘second chance’

    Shot by deputies in 2018, Silver Lake man gets ‘second chance’

    Silver Minings: Raiders website gives out awards for 2020 season

    Silver Minings: Raiders website gives out awards for 2020 season

  • Platinum
    Randomised phase II trial of olaparib, chemotherapy or olaparib and cediranib in patients with platinum-resistant ovarian cancer (OCTOVA): a study protocol.

    Randomised phase II trial of olaparib, chemotherapy or olaparib and cediranib in patients with platinum-resistant ovarian cancer (OCTOVA): a study protocol.

    Platinum Games hoping to give Bayonetta 3 update and reveal “unannounced projects” this year

    Platinum wants to finally reveal Bayonetta 3 this year, says Hideki Kamiya

    Platinum Games hoping to give Bayonetta 3 update and reveal “unannounced projects” this year

    Platinum Games hoping to give Bayonetta 3 update and reveal “unannounced projects” this year

    Globe Platinum customers honors medical front liners with Noche Buena feasts on Christmas Eve

    Globe Platinum customers honors medical front liners with Noche Buena feasts on Christmas Eve

    For Mixx, Studio ‘Collabs’ With Friends are More Precious than Gold or Platinum

    For Mixx, Studio ‘Collabs’ With Friends are More Precious than Gold or Platinum

    Eastern Platinum Limited Is Pleased to Report PGM Revenue and Site Update

    Eastern Platinum Limited Is Pleased to Report PGM Revenue and Site Update

    Chainlink joins Code Cayman as a Platinum sponsor

    Chainlink joins Code Cayman as a Platinum sponsor

    Wizkid makes history in Canada as song featuring Drake goes platinum

    Wizkid makes history in Canada as song featuring Drake goes platinum

    Platinum Resistance Thermometers Market Size By Analysis, Key Vendors, Regions, Type and Application, and Forecasts to 2027 – Jumbo News

    Platinum Resistance Thermometers Market Size By Analysis, Key Vendors, Regions, Type and Application, and Forecasts to 2027 – Jumbo News

  • Palladium
    Palladium Surges above $2,400. Is It Sustainable?

    Palladium Surges above $2,400. Is It Sustainable?

    Palladium prices to remain well above platinum – Commerzbank

    Palladium deficit expected to widen in 2020 – Johnson Matthey

    Wheaton Precious Metals picks a good year to up palladium production

    Wheaton Precious Metals picks a good year to up palladium production

    Gold slides, palladium plunges over 15% in scramble for cash

    Gold down about 4%; palladium faces worst week ever

    Palladium prices break down, drop $180 in technical selling – analysts

    Palladium hits record high; ‘madness’ continues in tight market

    palladium price: Palladium sets record after record as wider deficit fuels surge

    palladium price: Palladium sets record after record as wider deficit fuels surge

    Can the palladium market continue to defy gravity?

    Can the palladium market continue to defy gravity?

    Recession fears weigh on silver, palladium prices – analysts

    Recession fears weigh on silver, palladium prices – analysts

    South African mine closures push palladium prices up 15%, platinum jumps 11%

    South African mine closures push palladium prices up 15%, platinum jumps 11%

  • Investing
    White Metal’s Partner Noronex Commences Airborne EM Survey on the DorWit Copper-Silver Project, Namibia

    White Metal’s Partner Noronex Commences Airborne EM Survey on the DorWit Copper-Silver Project, Namibia

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    Gold Sheared, Silver Smeared

    New Year, Same Risks Drive Gold

    New Year, Same Risks Drive Gold

    Metals Weekly Round-Up: Strong US Dollar Stalls Gold

    Metals Weekly Round-Up: Mixed Sentiment Holds Gold Back

    Gold Price Futures (GC) Technical Analysis – Longer-Term Support Zone at $1780.50

    Gold Price Futures (GC) Technical Analysis – Longer-Term Support Zone at $1780.50

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    Gold prices decline to post a loss for the week as U.S. dollar firms

    Gold prices decline to post a loss for the week as U.S. dollar firms

    Canada Silver Cobalt Retains SGS for Re-2OX Pilot Plant for Battery Metals Production

    Canada Silver Cobalt Retains SGS for Re-2OX Pilot Plant for Battery Metals Production

    Stay gold, ‘Plaid for X’ startups – TechCrunch

    Stay gold, ‘Plaid for X’ startups – TechCrunch

  • Mining
    Pure Gold Mining celebrates first gold bar from new Western Ontario mine

    Pure Gold Mining celebrates first gold bar from new Western Ontario mine

    Top Mining Stocks for Q1 2021

    Top Mining Stocks for Q1 2021

    Mining company to pay New Mexico $11 million for toxic Gold King spill | Local News

    Mining company to pay New Mexico $11 million for toxic Gold King spill | Local News

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    Campbelltown moving to restart mining without GGMC’s approval

    4 Gold-Mining Stocks to Watch | Stock Market News

    4 Gold-Mining Stocks to Watch | Stock Market News

    Why Mounting Pandemic And Vaccine Concerns May Create A Surge In Gold Prices

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    Auric Mining latest gold IPO to enter the starting blocks after $6.5m raise

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    China Gold Mining Report 2020-2024 Featuring China Gold international Resources Corp, Shandong Gold Mining Co, & Zijin Mining Group Co

    China Gold Mining Report 2020-2024 Featuring China Gold international Resources Corp, Shandong Gold Mining Co, & Zijin Mining Group Co

    Gold mining sees record growth despite Covid-19

    Gold mining sees record growth despite Covid-19

  • Bitcoin
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    Bitcoin more likely to be successful ‘in the long run’ than Ethereum

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    Man has two attempts left to unlock Bitcoin wallet worth $270 million

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    Bitcoin chaos: Wall Street icon Burton Malkiel explains how cryptocurrency could collapse | City & Business | Finance

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    After dizzying gyrations, what’s bitcoin really worth?

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    Bitcoin owner who lost password made peace with potential $220 million loss

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Mining town keeps digging its way out of dire predictions

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January 13, 2021
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Mining town keeps digging its way out of dire predictions
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The primary registered claims of Porcupine had been for George Bannerman’s Scottish-Ontario Gold Mine on July 31, 1909. Very quickly after, the “Large Three” mines, the Dome, McIntyre and Hollinger had been properly established. At one time, the Porcupine Gold Camp had simply over 110 producing gold mines.

One after the other, lots of the low-producing mines everywhere in the North closed, thus fostering the sentiments of impermanence. It was an unstated reality of life, that when the mines ran out of ore, males can be unemployed and we’d be destined to turning into ghost cities. The ore ran out in Cobalt first and the city that when had a number of banks, their very own inventory trade and lots of metropolis facilities discovered its inhabitants dwindle from over 6,000 to just some hundred. A lot smaller cities and villages suffered the identical destiny; others merely ceased to exist besides on previous maps.

There’s a saying amongst previous prospectors for valuable metals and that’s “Tomorrow, simply over that ridge, I do know I’ll discover the motherlode”. Hope is all the time there.

Mining cities reside on boom-and-bust cycles. In 1963, Timmins’ greatest employer, Hollinger Consolidated Gold Mine introduced they’d be closing the following yr. This would go away 1,500 males out of labor. The information was devastating. Would all of the previous dire predictions come true?

Within the late fall and early winter of 1963, rumours started to flow into. One hearsay fuelled one other and the thrill was that an American agency was busily staking an enormous space in Kidd Township. With solely rumours to go on, in March of 1964, many headed north to stake no matter claims they might, that had been abutting or close to the Texas Gulf Sulphur claims. On April 9, the corporate may now not maintain a secret. That they had discovered a physique of copper, zinc and silver that was deemed to be value $750 million. The growth was on once more.



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