TITLE

Of Men and Minerals

PUB. DATE
March 2009
SOURCE
Forbes Asia;3/2/2009, Vol. 5 Issue 3, p17
SOURCE TYPE
Periodical
DOC. TYPE
Article
ABSTRACT
The article focuses on silver miners Nelson Bunker Hunt and his brother W.H. Hunt. The Hunts, heirs to a Texas oil fortune, bought an estimated 100 million ounces of silver between September 1979 and January 1980, driving the price from $9 to $50 ounce and triggering a flood of old silver, including jewelry, into the market. The silver glut that followed saw prices drop to $10 an ounce, by which time the Hunt brothers were being pursued on charges of conspiring to corner the silver market.
ACCESSION #
37021752

 

Related Articles

  • Silver Valley miners wait for a market rally. Carter, Russell A. // Engineering & Mining Journal (00958948);Nov99, Vol. 200 Issue 11, p32CC 

    Highlights trends in the silver mining industry in northern Idaho's Coeur d'Alene as of November 1999. Major players in the silver market; Financial uncertainties of the business environment; Hecla's Gold Hunter mine; Rising expectations at the Sunshine mine near Kellogg. INSET: Asarco swaps...

  • Ocampo on Schedule for First-Quarter 2006 Start.  // Engineering & Mining Journal (00958948);Oct2005, Vol. 206 Issue 8, p12 

    This article reports on the status of Gammon Lake Resources' Ocampo gold-silver project in Chihuahua state in Mexico. The project is on budget and on schedule, which will begin production during the first quarter of 2006. It is expected to produce an average of 170,000 ounce per year of gold and...

  • "SILVER STATE." STAYS TRUE TO ITS ROOTS. Noble, Russell // Canadian Mining Journal;Aug2011, Vol. 132 Issue 6, p30 

    The article focuses on the mining areas in the U.S. state of Nevada also known as "The Silver State" being the second highest U.S. source of silver after Alaska. Nevada started its silver mining in the Comstock Load and Treasure Hill districts discovered by travelling gold prospectors in 1860....

  • Bema assesses Kupol deposit.  // Mining Engineering;Jul2004, Vol. 56 Issue 7, p11 

    Reports on the results of the preliminary economic assessment of the Kupol mineral deposit of Bema Gold Corp. in Chukotka, Far East Russia. Minerals in the deposit reported in the assessment; Plans of the company for an openpit and underground mining operation at the deposit; Expectations on...

  • Sierra Metals reports 70% increase in silver resource ounces and 40% increase in silver grade at Cusi mine, Mexico.  // World Mining News;3/27/2014, p1 

    The article presents an updated silver resource estimate from the silver mining firm Sierra Metals Inc. on its Cusihuiriachic property in Chihuahua State, Mexico as of March 2014. Topics discussed include the views of firm's president Daniel Tellechea, investment in mine infrastructure and...

  • Montana Ballot Initiative Would Lift Cyanide Ban.  // Engineering & Mining Journal (00958948);Oct2004, Vol. 205 Issue 10, p7 

    Reports that Montana voters will have the opportunity to vote in November on ballot initiative 1-147, which would lift a ban on the use of cyanide in some new gold and silver mines in the state. State Supreme Court ruling which aims to remove the initiative from the ballot on the grounds that it...

  • Glamis Starts Production at Marlin.  // Engineering & Mining Journal (00958948);Nov2005, Vol. 206 Issue 9, p22 

    The article reports on the announcement of Glamis Gold Ltd. to start its Marlin gold project in western highlands of Guatemala. Mill commissioning was scheduled to continue through mid of October 2005 and commercial production was expected to begin by the first of November. Production through...

  • Peru could help launch Santa Ana Mine; Once suspended project could become a reality.  // Mining Engineering;Oct2014, Vol. 66 Issue 10, p18 

    The article reports that the government of Peru is assisting the Canadian mining company Bear Creek in its attempt to have its Santa Ana silver mine in Peru restarted. Topics discussed include the Peruvian government's attempt to convince the indigenous Aymara communities to support the restart...

  • Maya Gold & Silver reports positive NI 43-101 PEA results at Zgounder silver mine in Morocco.  // African Business News;3/6/2014, p22 

    The article reports on Maya Gold & Silver Inc. which has released the results of independent NI 43-101 Preliminary Economic Assessment (PEA) Study of the Zgounder Silver Mine located in Morocco. It is reported that, the PEA was undertaken after Maya Gold & Silver decided to rehabilitate the...

Share

Read the Article

Courtesy of VIRGINIA BEACH PUBLIC LIBRARY AND SYSTEM

Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics