What is Mining?

What is mining?the answer to the question what is mining ; mining is to dig under to gain access,to get (as ore) from the earth, to the extract from a source, to burrow beneath the surface,to dig into for ore or metal, to process for obtaining a natural constituent.As the definition implies,what is mining? mining is the process of extracting metal and mineral ores from the Earth. Mining is the biggest Business today and make a lot of money.Mining work is to extraction of minerals and metals from earth. Manganese, tantalum, cassiterite, copper, tin, nickel, bauxite (aluminum ore), iron ore, gold, silver, and diamonds are just some examples of what is mined. Not only do mining companies prosper, but governments also make money from revenues. Workers also receive income and benefits.

Minerals

What are the minerals?The chemical elements of the periodic table are the building blocks of minerals.There are about 3000 recognized minerals.Some minerals are composed entirely of one chemical element like gold,silver, mercury or copper. They are called native elements. Others are combinations of elements. Quartz for instance is a combination of silicon and oxygen, SiO2. Some minerals traditionally used by Aboriginal peoples include topaz, flint (a form of quartz) and copper. These days silver, gold and other minerals are used by artists to create jewelry and other objects.

What we get from mining?

Gold, silver, aluminum, salt, diamonds, potash, sulfur, copper and uranium are just a few of the minerals which we can extract from the Earth.  From their processing we get an almost countless number of  products which we use in our lives everyday – stoves, snowmobiles, jewelry, computers, satellites, hunting equipment, cars, utensils, tools, trucks, art work and even clothing.

Where is mining site?

Mining site there are many places around the world, including the U.S. In South America, mining is particularly active in the Amazonia region, Guyana, Suriname, and other South American countries. In Central Africa, mining devastated a National Park called Kahuzi-Biega in the eastern Democratic Republic of Congo (DRC). South Africa is also very well known for mining diamonds. The BIG Mining site in Asian there is in Indonesia and other South East Asian countries.

Gold Prices per Ounce

Gold prices per ounce today rise per ounce on after news that U.S. gross domestic product rose at a 1.3% annualized pace in the second quarter – well below market expectations of 1.8%,the gold price per ounce today $1,623 was also rise by the fact that President Obama and House Republicans remain unable to forge an agreement to raise the debt ceiling. A warning economic recovery and ongoing worries over sovereign debt – in not only Europe, but now the United States – continue to support the gold price per ounce.The debt by the U.S. government paired with the bad report on the GDP pushed investor anxieties higher which resulted in the stock indices moving lower.

This policy helped to support safe haven appeal of precious metals like gold and silver. The dollar strengthened versus the euro and the British pound and gold futures jumped higher. Gold futures even hit another intraday high at one point in the session. Precious metal gold closed out the day green by .93 percent or 15.00 at $1631.20 per troy ounce or gold prices per ounce up to from $1,623 . Gold futures continue to rise an intraday high of 1634.90 per troy ounce yesterday as well.

On Thursday, the gold price held firm as U.S. debt ceiling discussions remained at the forefront for financial markets. The price of gold initially fell toward $1,605 per ounce, but rebounded back into positive territory as the broader markets extended its losses in afternoon trading. With the slight advance, the gold price is on pace for its fourth consecutive weekly gain, and sits just below its $1,626 all-time high.

Other the world’s biggest gold producers were in the news Thursday following their release of second quarter earnings reports. Barrick Gold (ABX), Goldcorp (GG), and Agnico-Eagle Mines (AEM) each announced earnings which were largely in-line with market expectations on the back of buoyant gold prices. However, analysts were discouraged by production shortfalls and/or higher than expected capital expenditures. As a result, ABX, GG, and AEM finished the day lower by 0.8%, 3.7%, and 5.7%, respectively.

The Fundamentals of Data Mining

The fundamentals of data mining,data mining techniques are the result of a long process of research and product development. This evolution began when business data was stored on computers for the first time, and continued improvements in access to data, and more recently generated technologies to allow users to navigate through the data in time real. Data Mining takes this evolutionary process beyond retrospective of access and navigation data, providing information to prospective and proactive. Data Mining is ready for use in the business community because it is supported by three technologies that are sufficiently mature:

• Massive data collection.

• Powerful multiprocessor computers.

• Data Mining Algorithms.

The commercial databases are growing at an unprecedented rate. A recent study by Meta Group on Data Warehouse projects found that 19% of respondents are above the level of 50 Gigabytes, while 59% expect to achieve in the second quarter 1997. In some industries such as retail (retail), these numbers may be even greater. MCI Telecommunications Corp. has a database of 3 terabytes + 1 terabyte indexing and running overhead MVS on IBM SP2. The need for parallel computational engines improvements can now be achieved more cost - effective with technonology parallel multiprocessor computers. Algorithms Data Mining techniques have been used at least for 10 years but only recently have been implemented as tools mature, reliable, understandable that consistently are more performant that classical statistical methods.

In the evolution from business data to business information, gives new step builds on the previous one. For example, access to dynamic data applications is critical for navigation data (drill-through applications), and the ability to store large databases is critical to Data Mining. The essential components of data mining technology have been under development for decades in research areas such as statistics, intelligent gency artificial and machine learning. Today, the maturity of these techniques, engines with relational databases, high performance,statements these technologies were not practicable for data warehouse environments today.

Data Mining

The term data mining is a step in a larger process called knowledge extraction in databases in the business environment, both terms are used interchangeably. What really makes the data mining is to bring the advantages of various areas such as Statistics, Artificial Intelligence, Computer Graphics, Databases and bulk processing, mainly used as raw material databases. A traditional definition is: A non-trivial process of identifying valid, novel, potentially useful and understandable patterns that are hidden in the data. From the point of view, we define it as: The integration of a number of areas that are intended to identify a knowledge obtained from the databases to provide a bias decision making.

The idea of data mining is not new. Since the sixties the statistical data handled as fishing terms, data mining or data archeology with the idea of finding correlations without a priori hypothesis in databases with noise. In the early eighties, Rakesh Agrawal, Gio Wiederhold, Robert Blum, Gregory Piatetsky-Shapiro, among others, began to consolidate the terms data mining. In the late eighties there were only a couple of companies dedicated to this technology in 2002 there more than 100 companies in the world offering over 300 solutions. Discussion lists on this topic the researchers are more than eighty countries. This technology has been a good meeting point between people from the academia and business.

Data mining is a technology that integrates stages consists of several areas and should not be confused with a great software. During the development a project of this type using different software applications in each stage can be statistical, data visualization and intelligence artificial, mainly. Currently there are applications and tools commercial data mining very powerful utilities contain a wealth of facilitating the development of a project. However, almost always end complemented by another tool. The data mining is the discovery stage in the KDD process: Step consistent in the use of specific algorithms that generate a list patterns from the preprocessed data. Although are often used interchangeably the terms Data Mining.

Mining Guide 1-525

Mining guide 1-525 is show how we can fastest way how to level Mining profession up from 1 to 525(Mining guide 1-525).Mining is an attempt to collect precious metals like gold, silver, copper and then sell on market.If we can make lots of gold with it, we can even sell the lowest level Copper Ore for a decent amount of gold. Mining business create three professions: Blacksmith, Engineering and Jewelcrafting, so it's really good combined with any of these,unfortunately it's a collect profession, and it takes time to level Mining guide 1-525 or it 1 up to 525, even if it's a fast way.

What is Mining guide 1-525,below list is a Mining guide 1-525 section :

1 - 50 - Copper Ore

50 - 100 - Tin Ore

100 - 150 - Iron Ore

150 - 200 - Mithril Ore

200 - 275 - Thorium Ore

275 - 325 - Fel Iron Ore

325 - 350 - Adamantite Ore

350 - 400 - Cobalt Ore

400 - 425 - Saronite Ore

425 - 475 - Obsidium Ore

475 - 525 - Elementium Ore

About Bitcoin Mining

Bitcoin mining is a the big revolution on internet it has changed our lives significantly. Bitcoin mining / BITCOIN is a digital currency or virtual money was created in 2009, by Satoshi Nakamoto.Bitcoin can use for fast payments and micropayments at very low cost, and avoids the need for central authorities and issuers. Digitally signed transactions, with one node signing over some amount of the currency to another node, are broadcast to all nodes in a peer-to-peer network. A proof-of-work system is used as measurement against double-spending and initial currency distribution mechanism. The BitCoin Mining is a peer-to-peer resolution for the difficultys which are seen in system of virtual money (bitcoin mining is a new idea). All BitCoin transaction is recorded in a audience book, which is initiate at Wedge Explorer. Apiece deal is hashed against a barricade, the definites of which I don’t poverty to acquire against, besides are explained in the indigenous sheet Bitcoin: A peer-to-peer Electronic fast cash payment by BitCoin originator Satoshi Nakamoto.

Following the answer to the obscure is create, it is replicated about the peer-to-peer network, moreover sum bargains are thereupon verified by the BitCoin patron software, which I strength reckon is open-software. Some offers at forging a occlude are rejected by the mesh as nugatory. It is by solving a plug which carrots the solver along 50 BitCoins which further reproduces the BitCoin economy.

Today on July 2011, there are more than 6.8 million bitcoins in existence. Because by definition the only spendable Bitcoins/Bitcoin Mining in existence are those represented in the block chain database passed around on the peer to peer network, the number is not only easy to determine, but can be quickly determined with precision by all participants.

The Price of Gold is once again Setting a Record High

The price of gold is once again setting a record high, with Washington's inability to reach agreement to curb debt and avoid a devastating declaration of insolvency of the state.

The price of gold has started the week in Asian markets nominal marking a new record surpassing $ 1,618 an ounce, while credit rating agencies warn of a possible cut in the rating "AAA" U.S..

The spot gold price has risen almost 14% so far this year.

All indications are that we will see an extension of the quantitative easing QE3, which translated into Spanish would delay the problem and the price of gold will continue to grow as international financial instability intensifying go.

The Analysts Revised upwards their Forecasts for the price of Gold

The six-monthly survey of financial analysts by Reuters shows expectations for increases in gold prices. According to respondents, the debt problems in developed countries and rising demand from emerging gold and silver, and the lax monetary policy of the Federal Reserve are the main causes of optimism for the price of gold.

More than half of respondents expect the gold price remains above $ 1,500 a troy ounce at the end of 2011. In a similar survey in January, financial analysts were less optimistic, with only one in five predicting a price above $ 1,500.

It is not surprising that most analysts will drag the market development of gold, precious metals, or look as monetary metals, are still unknown to many conventional investors. After a generation without paying attention or understand or follow them carefully or have the necessary knowledge and models to value them. Their forecasts, but forecasts are a commentary on the present. The majority of the big financial houses do not even have specialists dedicated to this sector.

A few voices like James Turk, Jim Rogers and Marc Faber, they have matched their predictions and are betting on gold since before the start of their current upward cycle in 1999. Many who have been more prescient about the price of gold and silver meet in August in London for the GATA conference. They explain the journey that still lies ahead for the price of gold and why gold is far from being in a bubble.

In 2010, for the first time in two decades, the world's central banks became net buyers of gold. 2011 is on track to double those flows net of accumulation, with purchases like the Bank of Mexico. According to the World Gold Council (WGC), between 2008 and 2011 the central banks added more than 900 tons of gold reserves.

What is Urban Mining?

What is Urban Mining?Urban Mining so people call it, is a business recycling precious metals like gold and silver from electronic waste/E-waste. And gold and silver results obtained so amazing, kilograms of gold and silver produced from electronic waste such as computers, cellular phones, SIM Card .. Etc.In Japan, an electronic waste recycling business is conducted by Eco-System.Co produce gold bars weighing 199.58 - 299.37 KG per month with a value of money earned between U.S. $ 5.9 million - U.S. $ 8.8 Million Dollars. This amount is certainly not with precious metal silver is also produced.

Electronic Recycling is equivalent to Urban Mining at a low cost. E-waste contains a large amount of rare and increasingly difficult to replace Metals: Platinum,Gold,Silver,Gallium,Indium,Palladium. Aside from repurposing rare materials, there is the embedded energy content to consider. In the face of rising energy prices legislators understand we cannot continue to throw our electronic waste stream away which contains a toxic substance and high energy value.

"Urban mining goes way beyond electronics," he said. "It's everything that goes into a landfill that can be taken out."

Where can i buy bitcoins with paypal?

Where can i buy bitcoins with paypal?Bitcoins are a decentralized digital currency. When you like to buy some bitcoins via paypal, but would like recommendations of trusted sources you can try http://www.bitcoinmarket.com, http://coinpal.ndrix.com, http://www.mtgox.com (Buy Bitcoins at market rates with Dwolla, bank transfer and many other payment methods) http://bitmarket.eu.Where does the value of Bitcoin stem from? What backs up Bitcoin?Bitcoins have value because they are accepted as payment by many. See the list of Bitcoin-accepting sites.When we say that a currency is backed up by gold, we mean that there's a promise in place that you can exchange the currency for gold. In a sense, you could say that Bitcoin is "backed up" by the price tags of merchants – a price tag is a promise to exchange goods for a specified amount of currency.

It's a common misconception that Bitcoins gain their value from the cost of electricity required to generate them. Cost doesn't equal value – hiring 1,000 men to shovel a big hole in the ground may be costly, but not valuable. Also, even though scarcity is a critical requirement for a useful currency, it alone doesn't make anything valuable. For example, your fingerprints are scarce, but that doesn't mean they have any exchange value.

What if someone bought up all the existing Bitcoins?

What if somebody bought up all the gold in the world? Well, by attempting to buy it all, the buyer would just drive the prices up until he runs out of money.Not all Bitcoins are for sale. Just as with gold, no one can buy a Bitcoin that isn't available for sale.

Doesn't Bitcoin unfairly benefit early adopters?

Early adopters have a large number of bitcoins now because they took a risk and invested resources in an unproven technology. By so doing, they have helped Bitcoin become what it is now and what it will be in the future (hopefully, a ubiquitous decentralized digital currency). It is only fair they will reap the benefits of their successful investment.

In any case, any bitcoin generated will probably change hands dozens of time as a medium of exchange, so the profit made from the initial distribution will be insignificant compared to the total commerce enabled by Bitcoin.

Is Bitcoin a Ponzi scheme?

In a Ponzi Scheme, the founders persuade investors that they’ll profit. Bitcoin does not make such a guarantee. There is no central entity, just individuals building an economy.

A ponzi scheme is a zero sum game. Early adopters can only profit at the expense of late adopters. Bitcoin has possible win-win outcomes. Early adopters profit from the rise in value. Late adopters profit from the usefulness of a stable and widely accepted p2p currency.

The fact that early adopters benefit more doesn't alone make anything a ponzi scheme. Apple stocks aren't ponzi even though the early investors got rich.

Is Bitcoin a bubble?

Yes, in the same way as the euro and dollar are. They only have value in exchange and no value in use. If everyone suddenly stopped accepting your dollars, euros or bitcoins, the "bubble" would burst and their value would drop to zero. But that is unlikely to happen: even in Somalia, where the government collapsed 20 years ago, Somali shillings are still accepted as payment.

Can I buy Bitcoins with Paypal?

Can I buy Bitcoins with Paypal?,this is the most ask in USA.It's possible to find an individual who wishes to sell Bitcoin to you via Paypal,(maybe via #bitcoin-otc ) most major exchanges do not allow funding through Paypal. This is due to repeated cases where someone pays for Bitcoins with Paypal, receives their Bitcoins, and then fraudulently complains to Paypal that they never received their goods. Paypal too often sides with the fraudulent buyer in this case, and so exchangers no longer allow this method of funding.

Where can I find a forum full of Bitcoin users?

There are many forums ou there that are based on Bitcoins although the off-site active bitcoin forum would be http://bitforums.net. The other on-site forum is located on http://bitcoin.org

Buying Bitcoins from individuals with this method is still possible, but requires mutual trust. In this case, Bitcoin seller beware.

How are new Bitcoins created?

Number of bitcoins over time, assuming a perfect 10-minute interval.

New coins are generated by a network node each time it finds the solution to a certain mathematical problem (i.e. creates a new block), which is difficult to perform and can demonstrate a proof of work. The reward for solving a block is automatically adjusted so that in the first 4 years of the Bitcoin network, 10,500,000 BTC will be created. The amount is halved each 4 years, so it will be 5,250,000 over years 4-8, 2,625,000 over years 8-12 and so on. Thus the total number of coins will approach 21,000,000 BTC over time.

Blocks should be generated every 10 minutes, on average. As the number of people who attempt to generate these new coins changes, the difficulty of creating new coins changes. This happens in a manner that is agreed upon in advance by the network as a whole, based upon the time taken to generate the previous 2016 blocks. The difficulty is therefore related to the average computing resources devoted to generate these new coins over the time it took to create these previous blocks. The likelihood of somebody creating a block is based on the calculation speed of the system that they are using compared to the aggregate calculation speed of all the other systems generating blocks on the network.

Bitcoins are the unit of first peer to peer electronic currency

Bitcoins are the unit of first peer to peer electronic currency of the Bitcoin system. A commonly used shorthand for this is “BTC” to refer to a price or amount (eg: “100 BTC”). A Bitcoin isn't tangible. It is just a number associated with a Bitcoin Address. See also an easy intro to bitcoin.

However, if you don’t know what the whole ‘bitcoin’ thing is about, you may be confused.

“What Are Bitcoins?” is a common question that we get at FreeBitcoins.org – so we made up some useful pointers to help explain what it’s all about:

• Bitcoin is the world’s first peer to peer electronic currency! It’s like bittorrent, except totally legal.

• If you understand that Paypal = money, then you can apply the same thinking for bitcoins – it’s like paypal without all the huge fees and restrictions.

• If you understand how gold and silver = money, then think of bitcoins as the electronic version of gold & silver. There’s only a limited supply of them, and people trade them for items and money.

• No person or company is behind bitcoin, bitcoins are owned by the people who are connected to the bitcoin network (like you and me).

• When you send someone bitcoin, there’s no chargebacks. Bitcoin transactions are anonymous and private.

• Bitcoins are going up in value every day. People buy bitcoins like gold and silver. Owning bitcoins is highly recommended.

How can I get Bitcoins? 

There are a variety of ways to acquire Bitcoins:

• Accept Bitcoins as payment for goods or services.

• There are several services where you can trade them for traditional currency.

• Find a local trader on tradebitcoin (or somewhere else) and trade with him in cash.

• Create a new block (currently yields 50 Bitcoins).

• Participate in a mining pool.

What's the current total number of Bitcoins in existence? 

The number of blocks times the coin value of a block is the number of coins in existence. The coin value of a block is 50 BTC for each of the first 210,000 blocks, 25 BTC for the next 210,000 blocks, then 12.5 BTC, 6.25 BTC and so on. 

How divisible are Bitcoins? 

Technically, a Bitcoin can be divided down to 8 decimals using existing data structures, so 0.00000001 BTC is the smallest amount currently possible. Discussions about and ideas for ways to provide for even smaller quantities of Bitcoins may be created in the future if the need for them ever arises. 

What do I call the various denominations of Bitcoins? 

There is a lot of discussion about the naming of these fractions of Bitcoins. The leading candidates are:

• 1 BTC = 1 Bitcoin

• 0.01 BTC = 1 cBTC = 1 Centi-Bitcoin (also referred to as Bitcent)

• 0.001 BTC = 1 mBTC = 1 Milli-Bitcoin (also referred to as mbit (pronounced em-bit) or millibit)

• 0.000 001 BTC = 1 μBTC = 1 Micro-Bitcoin (also referred to as ubit (pronounced yu-bit) or microbit)

The above follows the accepted international SI units for thousandths, millionths and billionths. There are many arguments against the special case of 0.01 BTC since it is unlikely to represent anything meaningful as the Bitcoin economy grows (it certainly won't be the equivalent of 0.01 USD, GBP or EUR). Equally, the inclusion of existing national currency denominations such as "cent", "nickel", "dime", "pence", "pound", "kopek" and so on are to be discouraged. This is a worldwide currency.

One exception is the "satoshi" which is smallest denomination currently possible

• 0.000 000 01 BTC = 1 Satoshi (pronounced sa-toh-shee)

which is so named in honour of Satoshi Nakamoto the pseudonym of the inventor of Bitcoin.

For an overview of all defined units of Bitcoin (including less common and niche units), see Units.

Further discussion on this topic can be found on the forums here:

• We need names

• What to call 0.001 BTC

Gold Prices Continue to Rise

Gold prices continue to rise, this is an excellent investment opportunity for staple investor, the week has begin on a optimistic note. Broad-based buying knowledge across product counters led to price revival in industrial commodities. Gold has formerly once more hogged the lime-light with the yellow metal scaling new high in today’s meeting. The common buying bender in commodities and chiefly gold continued as fears of rise and also the increasing worry between Iran and western world adding to doubt in global trade. The dollar deteriorating next to basket of currencies has also aided to product price gain. December resolution crude oil agreement replaced the November agreement which expired on Friday. This has also eager investors to take fresh bets on the commodity.

Crude oil price rise over $78 a barrel, addition over a 1% in todays sitting amid heightened tension between and Western nations, following Tehran said it would start war games to help defend its nuclear amenities. Nymex crude for January release rise 92 cents to $78.39 a container. The December agreement, which expire on Friday, developed down 74 cents at $76.72 a barrel, weigh down by a stronger US dollar and concern about the power demand outlook. Meanwhile, Iran's military supposed it would start large-scale air defence drills, and a cleric in the radical Guards warn the Islamic Republic would fire missiles. OPEC governor said the crude advertise was in equilibrium and oil supply and demand was shut to each other. Money manager boost net long crude oil position on the New York Mercantile swap in the week during November 17. On MCX crude oil agreement opened stronger tracking abroad markets.

Gold strike fresh record highs on Monday as financial uncertainty and the possible for inflation drew investor to the relative constancy of the asset. Comex December gold rise $18.40 to $1,165.20 an small amount on the Nyme. Spot gold was offer at $1,165.20 an ounce, after have earlier reach a record $1,167.45. The metal's price on Friday finished higher for the sixth successive session. 's acquisition of 200 tones of bullion from the IMF had also boost interest in gold previous this month. On the MCX, bullion counter ongoing strong which gold inking strapping gain in early hours. MCX Gold for December resolution after opening the meeting at Rs 17,408 per 10 gram rise to Rs 17,557 a new life high before correcting to present level of Rs 17,529.

source : Mining News - http://greatmining.com

Most usually widely used of metal ‘Magnesium’

Magnesium is the third most usually widely used of metal, following iron and aluminium. Magnesium derives its the label from magnesite, a magnesium carbonate mineral, and this stone in turn is told to owe its name to magnesite dumps found in Magnesia, a region in the antique Greek region of Thessaly. The British chemist Humphry Davy is said to have manufactured a mixture of magnesium in 1808 by electrolyzing damp magnesium sulfate, utilizing mercury as a cathode.

The 1st victorious industrialized manufacture was begun in Germany in 1886 by Aluminum und Magnesium fabrik Hemelingen, depending on the electrolysis of molten carnallite. Hemelingen later became constituent of the industrial compound IG Farbenindustrie, which, for the duration of the 1920s and ’30s, urbanized a process for manufacturing huge quantities of molten and fundamentally water-free magnesium chloride (now branded as the IG Farben process) as well as the expertise for electrolyzing this merchandise to magnesium metal and chlorine.

Mining and concentrating

Both dolomite and magnesite are hauled out and concerted by conservative methods. Carnallite is hauled out as ore or alienated from other salt amalgams that are brought to the exterior by solution mining. Naturally happening magnesium including brines are determined in large ponds by solar desertion.

[Magnesium]

Extraction and refining

A physically powerful chemical reagent, magnesium structures steady compounds and responds with oxygen and chlorine in equally the liquid and gaseous status. This means that taking out of the metal from unrefined materials is a force exhaustive procedure requiring nicely tuned technologies. Commercial construction pursues 2 completely dissimilar methods: electrolysis of magnesium chloride or thermal lessening of magnesium oxide. Where power charges are stumpy, electrolysis is the cheaper means and, undeniably, it accounts for something like 75 percent of world magnesium production.

Gold Demand Trends in 2011

Gold demand trends in 2011,demand for gold in year 2011 record by the World Gold Council's Gold Demand Trends (GDT). The World Gold Council's is the leading industry resource for data and opinion on world-wide gold demand. Their quarterly publication examines demand trends by sector and geography .Demand for gold reached a 10-year high with spending reaching a value of $150bn (£93bn) in 2011, as Chinese and Indian consumers increased jewellery purchases and the world's central banks became net buyers for the first time in more than two decades.

Global gold demand in the first quarter of 2011 totaled 981.3 tonnes, up 11% year-on-year from 881.0 tonnes in the first quarter of 2010. In value terms, this translated to US$43.7bn, compared with US$31.4bn in the first quarter of 2010, an increase of almost 40%. This was largely attributable to a widespread rise in demand for bars and coins, supported by an improvement in jewellery demand in key markets.

The World Gold Council showed demand for jewellery grew 17% over the 12-month period, while overall demand for gold was up 9% despite record prices for the precious metal.

Today the value of gold rose for the fourth day in a row to hit $1,378 an ounce and we think price grow up for future, as investors piled into the commodity as a safe haven amid increased political instability in the Middle East.

Chinese jewellery demand last year reached a record figure of 428 tonnes while Indian jewellery needs were raised by just under 70% after a dip in the market during 2009 caused by recession.

Bitcoin Mining Hardware

Bitcoin mining hardware so how to build the best bitcoin hardware.Below are some our calculate about the mining performance of some hardware used in a mining rig.The list below are shows stock clock numbers. 10-20% performance improvement can be achieved with GPU overclocking tools for bitcoin mining hardware.

A.For Graphics Cards used:

1.The most Popular Mining Card:

Type: Price: Av:

5770 $136 Moderate

5830 $129.99 Moderate

5850 $161 Limited

5870 $350 Limited

5970 $730 V. Limited

6750 $116 Easy

6770 $137 Easy

6850 $160 Easy

6870 $190 Easy

6950 $250 Easy

6970 $350 Easy

2.ATI (AMD) Card : 4350, 4350, 4570M ..etc

3.NVIDIA Card : 8200 mGPU, 8400 GS, 8600M GT,...etc

B.CPUs/APUs used:

1.AMD

2.ARM

3.Intel

4.Other

5.FPGA Devices

Notes:

-Mhash/s = millions hashes per second (raw speed performance ; may not be very energy efficient with some models)

-Mhash/J = millions hashes per joule (energy efficiency ; 1 joule of energy is spent for 1 watt in 1 second)

-W = watt (maximum power consumption, i.e. energy per unit of time : 1 W = 1 J/s)

-Clock (in MHz) refers to the Shader clock only with nVidia cards (not Core or Memory). With AMD card the shader clock is not separate, but is part of the GPU clock.

-SP = Stream processors (Shader Units)

All list is RECOMENDED for bitcoin mining hardware.

Bitcoin Mining

Bitcoin mining is a the big revolution on internet it has changed our lives significantly. Bitcoin mining / BITCOIN is a digital currency or virtual money was created in 2009, by Satoshi Nakamoto.Bitcoin can use for fast payments and micropayments at very low cost, and avoids the need for central authorities and issuers. Digitally signed transactions, with one node signing over some amount of the currency to another node, are broadcast to all nodes in a peer-to-peer network. A proof-of-work system is used as measurement against double-spending and initial currency distribution mechanism.The BitCoin Mining is a peer-to-peer resolution for the difficultys which are seen in system of virtual money (bitcoin mining is a new idea). All BitCoin transaction is recorded in a audience book, which is initiate at Wedge Explorer. Apiece deal is hashed against a barricade, the definites of which I don’t poverty to acquire against, besides are explained in the indigenous sheet Bitcoin: A peer-to-peer Electronic fast cash payment by BitCoin originator Satoshi Nakamoto.

Following the answer to the obscure is create, it is replicated about the peer-to-peer network, moreover sum bargains are thereupon verified by the BitCoin patron software, which I strength reckon is open-software. Some offers at forging a occlude are rejected by the mesh as nugatory. It is by solving a plug which carrots the solver along 50 BitCoins which further reproduces the BitCoin economy.

Today on July 2011, there are more than 6.8 million bitcoins in existence. Because by definition the only spendable Bitcoins in existence are those represented in the block chain database passed around on the peer to peer network, the number is not only easy to determine, but can be quickly determined with precision by all participants.

Mining Companies in USA

Here is a list of mining companies in USA. There are many who are currently operating, the following mining companies in USA :

A. Alpha Natural Resources
    Anaconda Copper
    Apex Silver Mines
    ASARCO

B. Black Butte Company
    Boston and Montana
    Buckskin Mining Company
    Bunker Hill Mining Company

C. Cliffs Natural Resources
     Coeur d'Alene Mines
     Compass Minerals

D. Decker Coal Company
     Doe Run Company

D. cont.

    Dutch Gold Resources

E.  Eagle-Picher
     Emma Silver Mine

G. Geo-Mineral Exploration Corporation
    Geopulse Exploration
    Greer Industries

H. Hecla Mining
     High Plains Uranium
     Horsehead Corporation
     Howell Works

I.  Intrepid Potash

K. Kennecott Utah Copper
     Kiewit Mining Group Inc.


L. Lithium Corporation of America

M. Martin Marietta Materials
     Michigan Limestone and Chemical Company
     Molycorp

P. Polymet Mining Corporation

S. Solitario Exploration & Royalty

U. Unimin
    US Silver

V. Vulcan Materials Company

W. Woodward Iron Company
     Wyodak Resources Development Corporation

Carbon Steel Industry

Carbon steel scrap accounted for 2,306,000 tonnes, down by 7.2% YoY, alloy steel scrap 102,000 tonnes, down by 3.3% YoY and pig iron scrap 40,000 tonnes, down by 28.0% YoY.

Of home arisings in April 2011, carbon steel scrap accounted for 768,000 tonnes, down by 3.1% YoY; alloy steel scrap 122,000 tonnes, up by 10.5% YoY and pig iron scrap 32,000 tonnes, up by 24.1% YoY.

For the quarter ended March 2011 it exceeded analysts' consensus estimate by margin of 12.20 percent. The company operates in three segments: steel operations, metals recycling and ferrous resources operations, and steel fabrication operations.Net income rose 63 percent to $106 million, from $64 million in the first quarter FY 2010.Earnings were $0.46 per diluted share, up from $0.29 per diluted share in the comparable quarter last year.

Analysts Forecast

For the second quarter, analysts' EPS estimates range from a low of $0.38 to a high of $0.60 per share, compared with a consensus estimate of $0.22 per share to $0.45 per share in the year ago quarter.

Bitcoin Mining is a Virtual Money

Bitcoin mining is a virtual money. When someone makes a transaction, the Bitcoin is automatically transferred to the recipient through an encrypted transaction that ensures Bitcoins can’t be hacked or created artificially. New Bitcoins are added to the market through “Bitcoin Mining” — a process where individuals run servers that handle Bitcoin transactions and get paid in Bitcoins for doing so.Camp BX, like other online Bitcoin trading sites, takes a cut of the transaction as a fee.

Proving that cyber-criminals will steal practically anything, researchers have recently identified malware designed to steal BitCoins.BitCoins are anonymous decentralized virtual currency commonly used online among people interested in keeping their transactions secret. BitCoins have generally hovered around $14 to $17 per unit.The account receiving transferred BitCoins was suspended because the server hosting it detected suspicious activity.

The mechanism for spending BitCoins is fairly simple. Users buy BitCoins with real money and keep them in their e-wallet, which is client software installed locally on the computer. When a user wants to give someone some BitCoins, they enter a cryptographic code assigned to the recipient, and the "funds" are transferred from the user's wallet to another person’s wallet via a peer-to-peer network.

Gostev analyzed Trojan.NSIS.Miner.a, which was "spreading" among Russian users. The Trojan is a malicious module packaged with the legitimate BitCoin Miner tool. Symantec and F-Secure researchers identified a different malware, called CoinBit, targeting BitCoins only a few days earlier. Having the wallet file gives the attacker full control of all the funds associated with that wallet.

Gold Mining Tools For the Tour of Gold Miner

Gold mining is the best procedure to have fun in the great outdoors. A growing number of hobbyists are looking for gold mining tools to support their tour of gold mining activities. For these hobbyists, there is no greater excitement than searching for nuggets of gold, just like the followers of the original gold rush back in the 1800s.

Gold Mining Tools - What Do You Need

There are some simple gold mining tools that are essential for any gold miner to have. Practice makes perfect with these tools, and some are easier to learn how to use than others. We recommend starting with gold panning, as this is by far the easiest way to get acquainted with the process.

Gold Pan Supplies

Gold pan is the simplest way to look for gold. It takes a bit of patience and a few simple tools, but it is still a very effective way to find small amounts of gold in streambeds. What you'll need:
o Gold Pan-to filter down to the gold.
o Finishing pan--smaller pan to do the finer filtering.
o Trowel and small pick-to dig up stream bed material.
o Magnet-Gold is not magnetic, so you can magnetically remove magnetic sands.
o Tweezers-for plucking out gold particles
o Snuffer Bottle--Used for "sucking" gold particles out of pan.
o Funnel - Aids in transferring rich sands into sample bottle
o Sample Bottle - A big mouth helps with the transfer, also plastic is safer and won't break.
o Magnifying Glass-to zoom in on sand particles.
o Classifiers, screens, sieves-these are optional, they can help with the filtering process.

Sluice Boxes

Sluice boxes let the stream do the work for you! A very simple sluice box can greatly increase your productivity because you can process more material more quickly. Serious prospectors may want to use a gas powered sluice, which ups your productivity even more.

Metal Detectors

Metal detectors can help a prospector locate gold nuggets. To be effective with this method, you need to know how to use this equipment, you also need to know how and where to look.

Suction Dredging Equipment

A Suction Dredge is for the more serious gold miners. It is like a powerful, underwater vacuum with a gold recovery system gloating on the surface of the water. Most hobbyists will not use this equipment, unless they pay an operator as part of a gold prospecting tour.

Gold edged super higher in Asian trade

Gold edged super higher in Asian trade Friday plus feasible to stop on the superior part for the week, analysts said.Gold for instant birth was seen trading at $1531.04 an ounce at 1.30 p.m Singapore duration whereas US gold for Grand rescue was seen trading at $1,531.54 an ounce on the comex cleavage of Nymex.

Analysts said the jaundiced metal is credible to raise more while the age regardless bulletins of an improved US dutys material that might jab gold’s unscathed haven beseech.

The US Labour realm testament exonerate vocation relate that is prospective to read betterment in the toil emporium furthermore advance optimism on likelihoods for the creation's largest thrift.

Flaw Argent was banal at $36.40, on trend for a 7.2-percent weekly rise, it pick week because termination of Might.

Meanwhile, Holdings in the SPDR Gold Rely, the universe’s largest gold-backed bandy-traded deposit, remained unchanged at 1,205.809 tonnes, their lowest ago mid-June.

Holdings in the iShares Tableware Coalition , the environment’s biggest tableware ETF, dropped to 9,532.4 tonnes, the lowest hence Sept. 22, 2010.

On Thursday, gold comings extended obtains for a third directly term on Thursday as investors appeared vacillating ahead the U.S. unemployment arrays owing Friday.

Gold for Stately shipment blush $1.40 to finalize at $1,530.60 an ounce on the Comex rupture of the Unfamiliar York Mercantile Trade.

It is the initial compensation beyond $1,530 whereas June 22. September tableware through at $36.54 an ounce, up 62 cents, moreover Copper for September shipment added 11 cents to regulate at $4.44 a hammer.

Largest Coal Mines in Southeast Asia

Largest coal mines in southeast asia in Indonesian Borneo. Coal company that controls the area borneo is Adaro Energy's. Adaro Energy's is the number one coal company in Southest Asia.

For the 12 month tp December 2010, Adaro Energy's stock rose more than 50%,giving it a market capitalization of 9.36549 Billion US Dollar, the largest of any coal company listed on the Indonesia stock exchange. Today Adaro Energy's is the number one coal company in Southeast Asia.

The company's branded Envirocoal is tailor-made for today's green movement. Coal from other major producers,such as Australia and China,is dirtier and more poluting than Indonesian coal. Thus, some customers burn Adaro's coal,or use it in a blend,to reduce their emmisions.

Indonesia,facing a major shortfall in power production,is also on a major drive to build new power plants,many of them coal-fired. All told,new coal fired power plants of 579 gigawatts are expected to re built in the next 20 years in Asia,particularly in China,India,Indonesia and Vietnam. Combined,these plants will require an additional 1,7 billion tonnes of output from today's levels.

Cutting pollution,having a safe workplace and practicing corporate social responsibility-these could all be seen as variation on the theme of good "Ngewong ke Wong"(Javanese expression meaning treat people like people.

Angus & Ross Explores for Tantalum on three Continents

FRZCR3QBPA3Y-The company is in discussion with third parties regarding the developmentof its Motzfeldt Complex prospect in Greenland.ANGUS & Ross plc, formed in 1999 and accepted on to London’s AIM market in 2001, originally targeted tantalum exploration and development in Ireland and Greenland.

While, today, the company is focused on reopening the Black Angel zinc-lead mine in Greenland and gold exploration in Brazil, it does retain an interesting portfolio of tantalum prospects.

The company has the advantage over other tantalum-exploration companies in that US-based Cabot Corp, the world’s leading tantalum processor,is a significant shareholder.

The largest, potential resource in Angus & Ross’portfolio remains the niobium-tantalum deposit at the Motzfeldt Complex in southern Greenland. Originallydiscovered in 1984 by the Greenland Geological Survey, it was subsequently estimated to contain a resource of 500 Mt, grading 250 g/t Ta2O5 and 700 ppm Nb2O5.

In 2000, the company was awarded the licence for the deposit, which was the subject of an extensive exploration programme in 2001 and 2002, including 1,622 m of diamond drilling. Independent consultants Behre Dolbear concluded, within the relatively small portion of the deposit investigated, “a ‘preliminary’resource of 15 Mt, with an average grade in excess of 500 ppm Ta2O5, and 6,000 ppm Nb2O5 is a wholly realistic target that is likely to be achieved”.

This resource target is the equivalent of about 17 Mlb of Ta2O5. For comparison, in 2005, it was reported that the world’s largest resource, Green bushes in Australia, contained 60 Mlb, but at a grade of only 157 g/t, while the Abu Dabbab project in Egypt contained some 22 Mlb at a grade of 252 g/t.