Two lanes wide, tires 13' tall, now thats a truck!!!!

Caterpillar 797 is one of the biggest mining trucks built by the company. The tires are made by Michelin at the cost of $42000. for each. 

They stand at 13.22' tall, and weigh 42,500 lbs per tire. The truck sells for 3.4 million dollars. Check the size of these trucks. 

You can really tell how large it is when it passes a tractor trailer at the guard house. Then watch them pass full size pickups on the dirt road. Picture was take at Minntac, at Mountain Iron, MN. 10-2003.

Caterpillar 777F dumptruck

777F Off-Highway Dump Truck Catterpillar.

Top Performance. Developed specifically for mining, quarry and construction applications, the 777F keeps material moving at high volume to lower cost-per ton.

Reliable, Durable, Dependable. Rugged construction and easy maintenance procedures ensure long life with low operating costs.

Engineered for performance, designed for comfort, built to last. Specifications at a Glance Engine Model Cat® C32 ACERT™ Net Power 700 kW / 939 hp Net Power – SAE J1349 700 kW / 938.7 hp.

Engine Model	Cat® C32 ACERT™
Net Power	700 kW	939 hp
Net Power – SAE J1349	700 kW	938.7 hp
Net Power – Cat	700 kW	938.7 hp
Net Power – ISO 9249	700 kW	938.7 hp
Net Power – 80/1269/EEC	700 kW	938.7 hp
Bore	145 mm	5.7 in
Stroke	162 mm	6.4 in
Displacement	32.1 L	1959 in3
Gross Power – SAE J1995	758 kW	1016 hp
Number of Cylinders	12
Peak Torque	4716 N·m	2478 lb ft

Caterpillar 789C Mining Trucks

Caterpillar 789C is the Big MINING TRUCKs from Caterpillar.The 789C Mining Truck is engineered for performance, designed for comfort, and built to last. 

Developed specifically for high production mining and hauling applications, the 789C Mining Truck keeps material moving at high volume to lower your cost-per-ton. Rugged construction creates a durable machine. 

Easy maintenance procedures ensure high reliability and a long life with low operating costs. 

Engineered for performance, designed for comfort, built to last. Specifications at a Glance Engine Model Cat® 3516B EUI Net Power 1320 kW / 1770 hp Net Power – SAE J1349 1320 kW / 1770 hp.

Palladium Weißgold

Palladium weißgold or palladium white gold is a trends on german today.What is very important to us and we absolutely want to be the first to point out is that there is no "natural" white gold. The yellow color of gold is changed by the addition of other metals. The higher e.g. the copper content, the more intense is the red gold. That's how the different colors of gold. 

Now you can also imagine, that of yellow gold can never create a true white gold. For the production of white gold are the white gold of different metals, such as Silver, palladium, manganese, nickel, etc. added. These metals beyond the gold color and the color is more or less one knows.So there are different white gold tones, as this depends on the composition of metals. Silver e.g. While making the white light, but goes on to yellow. Particular care should be taken that no nickel is used as filler metal, because there are still vendors is that comply with the limits of EU rules, are allowed to sell their wedding rings as a nickel-free, but use unfortunately a small percentage of nickel (cost reasons) . 

White gold or Palladium or Palladium weißgold? 

This is a question we are with our choice of rings. According to White gold jewelry is slightly yellowish with time, when the rhodium wears layer. Supposedly can go pretty fast. His alternative would be just palladium, wherein the material is slightly darker than white gold and a rhodium layer has. If worn, the rings would be a little darker. Have you stood in front of such a decision and how did you decide? You may have experience as it is with the wear layer of rhodium? I can well imagine that actually not quite right, that would be really annoying ...

Application of Palladium

Palladium is mainly used in catalíticos.También converters used in jewelry, dentistry, watchmaking, in strips to check the levels of sugar in the blood, the candles in the aircraft and the production of surgical instruments and eléctricos.El contacts Palladium is also used to make flutes profesionales.Como in commodities precious metals, palladium is encoded as ISO 4217 international standard and XPD 964. Palladium is one of the four metals that have codes in the standard, others are gold, silver and platinum.
Catalysis
When finely divided palladium is a catalyst for accelerating versatile ways hydrogenation and dehydrogenation reactions, as well as in petroleum cracking. A large number of carbon-carbon bond forming reactions in organic chemistry (such as Heck and Suzuki coupling) are facilitated by catalysis with palladium compounds. In addition to palladium, when dispersed on conductive materials, is an excellent electrocatalyst for the oxidation of primary alcohols in media alcalinos.24
It is also a versatile metal homogeneous catalysis. Used in combination with a wide variety of ligands for highly selective chemical transformations. A 2008 study showed that palladium is an effective catalyst for the formation of carbon-fluorine.
Electronics
The second application palladium in electronics is in the ceramic capacitor multi capas.El palladium and its alloys with silver are used as electrodes in capacitors, multilayer ceramic.It is also used in the coating of electronic components (often alloyed with nickel) and welding materials. The consumption of palladium in the electronics sector is of 1,070,000 ounces (33.2 metric tons) in 2006, according to a report by Johnson Matthey.
Technology
Hydrogen diffuses through heated palladium easily, so it provides a means of purifying the gas. It is part of the palladium-hydrogen electrode in electrochemical studies, palladium chloride (II) can absorb large amounts of carbon monoxide, and is used in the gas detectors.
Hydrogen Storage
The palladium hydride is a metallic compound containing a substantial amount of hydrogen within its crystal lattice. At room temperature and atmospheric pressure, palladium can absorb up to 900 times its own volume of hydrogen in a reversible process. This property has been investigated, and a better understanding of what happens at the molecular level may provide clues to designing improved metal hydrides.
Photography
Often used with the platinum printing black and white photos, palladium provides an alternative to silver.
Art
Palladium is one of several alternatives to silver, which is used in manuscript illumination. The use of silver leaf is problematic because it tarnishes quickly. Palladium is an adequate substitute because of its resistance to stains. The aluminum foil is a cheaper alternative, but aluminum is much harder to work with than gold or silver and the results are less suited to the use of traditional techniques of metal, so that the sheet of palladium is considered best substitute despite its considerable cost. The platinum foil can be used for the same effect as the blade of palladium with similar working properties but is not commercially available for high demand of the leaf.
Jewelry Buckle palladium.
Palladium is used as a precious metal in jewelry since 1939, as an alternative to platinum or white gold. This is because their natural whiteness properties without giving any need for rhodium. It is slightly whiter, much lighter and 12% harder than platinum. Like gold, palladium can not be beaten in a thin sheet as thin as 100 nm (1 / 250, 000 in).

Palladium

Palladium is a chemical element with atomic number 46 located in group 10 of the periodic table of elements. Its symbol is Pd. It is a transition metal of the platinum group, soft, ductile, malleable, and very abundant. It resembles platinum chemically and is extracted from some copper and nickel mines. Used primarily as a catalyst and in jewelry.
Palladium is a rare metal, shiny white silver was discovered in 1803 by William Hyde Wollaston, who named the asteroid Pallas, which gets its name, in turn, one of the epithets of the Greek goddess Athena.
Palladium, along with platinum, rhodium, ruthenium, iridium and osmium form a group of elements referred to as the platinum group metals that share similar chemical properties to the metals group, but palladium has the point lower melting and is the least dense of these precious metals.
The unique properties of palladium and other platinum group metals are considered for widespread use. One in every four products manufactured today either contain platinum group metals play a key role during the process of manufactura.2 More than half of the supply of palladium and platinum to its congener goes into catalytic converters, which make up 90% of harmful gases from auto exhaust (hydrocarbons, carbon monoxide and nitrogen oxide) into less harmful substances (nitrogen, carbon dioxide and water vapor). Palladium is found in many electronic products such as computers, mobile phones, capacitors, multilayer ceramic coating, low voltage components, electrical contacts and televisions SED / OLED / LCD. Palladium is also used in dentistry, medicine, hydrogen purification, chemical applications, and in the treatment of groundwater. Palladium plays a key role in the technology used for fuel cell that combines hydrogen and oxygen to produce electricity, heat and water.
Mineral deposits of palladium and other platinum group metals are rare, and the largest deposits are located in South Africa, USA, Canada and Russia. In addition to mining, recycling is also a source of palladium.

Reason to Invest in GOLD

REASONS TO INVEST IN GOLD :

Gold as an investment haven. When the economy collapses, gold goes up. A simple law is confirmed in each of the crises that have occurred. In periods of inflation, gold is the best defense.

Sound investment. When the stock market is unstable, is about to burst a bubble in the housing market and interest rates are not attractive savings, gold becomes the most desirable investment target. Rather limited. Throughout history, people have extracted 153,000 tons of gold, about a hub height of the Statue of Liberty. Metal reserves are estimated pending extract from about 50,000 to 60,000 tons. At current estimated reserves will be exhausted in 15 years.

Financial crisis. If you fear the financial system, preferring to withdraw their savings in the bank for storage in a vault or under a tile, which makes many people now know that in the event of financial collapse, tickets may lose their value, gold is not.

Operating cost. The cost of extraction increases steadily. The deposits are increasingly deeper. Holdings that until recently were not profitable, have been reopened thanks to higher prices and new extraction technologies.

Increased demand for the "New Markets". In recent times, countries with emerging economies like India and China have seen their purchasing power is increased. Gold in these countries is a symbol of prosperity and its widespread use in social and religious festivities. No wonder that global demand is rising in proportion to the increase of income of these nations.

History. From the beginning of time, man has been fascinated by the precious metal. The first gold earring was found in Bulgaria and has been dated to 7000 years before Christ. No culture that has known has felt indifferent

Gold fever passion, attraction ... Gold has led expeditions and conquests, wars and invasions. Thousands of people moved into inhospitable territory for gold and built large cities on its way to California, Alaska ...

Price. Price. Ruled by the market, the price of gold may go up or down depending on supply and demand, but the Gold has never lost its value.

Value. The value of gold is not a function of their utility (although it has an important industrial use) and beauty but is determined primarily by their scarcity.

Eternal. Its chemical conditions are nearly unchanged. Or burn a banknote or a diamond can fracture (maximum hardness but relatively fragile rupture).

Gold Standard The economy is based on trust. A bank note has no value in itself, only if there is widespread belief that it does. Until recently, the paper currency backed by precious metals like Gold and Silver: "The Bank of Spain will pay the bearer the amount of ... Gold. " Now the only thing that gives value to a ticket is the confidence in the person issuing it. When this decreases, the ticket becomes worthless and we are in a period of inflation which is increasingly needed more money to buy the same item.

Steel

Steel is the name commonly given in metallurgical engineering from an alloy of iron with a variable amount of carbon between 0.1 and 2.1% by weight of composition, but typically these values ​​are between 0, 2% and 0.3%. If the alloy has a higher carbon concentration to 2.0% occur foundries, as opposed to steel, are brittle and it is possible to forge but must be molded. Not to be confused with iron steel, which is a relatively hard and tough metal with atomic diameter (dA) of 2.48 Å, with melting temperature of 1,535 ° C and boiling point 2740 ° C. In turn, carbon is a nonmetal smaller diameter (dA = 1.54 Å), soft and fragile in most of its allotropic forms (except diamond). The diffusion of this element in the crystal structure of the former is achieved by the difference in atomic diameters. 

The steel keeps the features of iron metal in its pure state, but the addition of carbon and other elements both metallic and nonmetallic improves their physical and chemical properties. There are many types of steel depending on the alloying elements or to be present. The definition in the percentage of carbon corresponds to carbon steels, where this is not the only alloying metal, or are there others but in lower concentrations. Other specific compositions are given specific names depending on many variables such as the elements that predominate in their composition (silicon steel), its susceptibility to certain treatments (hardened steel), some feature enhanced (stainless steel) and even depending on its use (structural steel). 

Usually these iron alloys are included under the generic designation of special steels, why here has adopted the definition of common or "carbon" in addition to being the first made and more employees, 1 formed the basis for others. This wide variety of steel was steel Siemens define as "an iron compound and another substance that increases resistance" .2 The two main components of steel are found in abundance in nature, favoring large-scale production. Disponibilidad3 this variety makes it suitable for many uses such as construction machinery, tools, buildings and public works, contributing to the technological development of societies industrializadas.4 Yet there are those who do not use steel (such as aircraft construction) because of its density (7850 kg / m³ density compared to the 2,700 kg / m³ of aluminum, for example) this is problem who do not use steel.

Gold over $ 1,800 in Gold Trade TODAY

Gold over $ 1,800
22/08/2011 Gold Market

22/08/2011
Gold continues to rise unstoppable.
Gold is close to $ 1,900 per ounce.
On Monday, 22.08.2011, has reached the highest intraday record of all time of $ 1899.40, and 1318.62 Euros.

08/19/2011
Gold has been the third time in a week $ 1,800 per ounce.
On Friday, 19.08.2011, has reached the highest intraday record of all time of $ 1881.40 (1832.00 yesterday).

Gold continues to rise following the downgrade of U.S. debt by S & P.

11/08/2011
Gold prices have climbed to a record high of $ 1817.60 and 1280.41 euros on Thursday, 08.11.2011, after the credit rating agency Standard & Poor's decided to downgrade the sovereign debt the United States from AAA to AA +.

Asian markets and Australia on 23/08/2011
Hong Kong, the Hang Seng +0.92%
China, the CSI 300 +0,88%
Japan, the Nikkei 225 +1,22%
Australia, the ASX 200 +2,23%

European shares on 22/08/2011
+1.13% EuroStoxx
Germany: DAX -0.11% / +1.85% MDAX / +2.28% TecDAX
Spain: IBEX 35 +1,87%
England: FTSE 100 +1.08%
France: CAC 40 +1,14%
Italy: FTSE +1.78% MIB

The U.S. stock market on 8/22/2011
U.S.:
+0.34% DowJones
Nasdaq +0.15%
S & P 500 +0.03%

Record Gold Trade in Euros

The gold price in cash in Euros and has touched record highs 09/06/2011 1366.65 Euros per troy ounce (intraday) and 1345.59 Euros (the close of trading on London Gold Fixing 05-09), thus surpassing previous records. The new record is because investors buy the precious metal as a haven in times of crisis.

The record price of gold in Euro (intraday) is 09/06/2011 at 1366.65 Euros.

Source of the gold price in Euros is: London Gold Fixing of London Bullion Market Association.

Previous record gold prices in Euro (intraday): from 09/06/2011 to 1366.65 Euros from 08/23/2011 to 1330.30 Euros from 22/08/2011 to 1318.62 Euros from 19/08/2011 to 1310.55 Euros from 11/08/2011 to 1280.41 Euros from 08/10/2011 to 1266.83 Euros from 08/09/2011 to 1248.79 Euros from 08/08/2011 to 1210.98 Euros from 08/04/2011 to 1188.12 Euros from 08/03/2011 to 1177.98 Euros from 08/02/2011 to 1166.74 Euros from 18/07/2011 to 1144.70 Euros from 15/07/2011 to 1125.50 Euros from 13/07/2011 to 1124.19 Euros from 12/07/2011 to 1117.84 Euros from 11/07/2011 to 1108.99 Euros from 25/05/2011 to 1087.56 Euros from 24/05/2011 to 1082.49 Euros from 23/05/2011 to 1081.22 Euros from 29/12/2010 to 1075.40 Euros. 

Previous record gold prices in Euro (On the opening day of the London market): from 09/05/2011 to 1341.14 Euros from 22/08/2011 to 1303.18 Euros from 19/08/2011 to 1299.28 Euros from 11/08/2011 to 1254.39 Euros from 08/09/2011 to 1241.76 Euros from 08/08/2011 to 1195.21 Euros (At end of day market in London) from 09/05/2011 to 1345.59 Euros from 09/02/2011 to 1318.93 Euros from 08/23/2011 to 1303.96 Euros from 22/08/2011 to 1303.19 Euros from 18/08/2011 to 1276.15 Euros from 08/10/2011 to 1246.92 Euros from 08/08/2011 to 1194.10 Euros from 08/04/2011 to 1186.10 Euros from 08/03/2011 to 1166.57 Euros from 08/02/2011 to 1147.37 Euros from 08/01/2011 to 1137.19 Euros from 18/07/2011 to 1136.70 Euros from 15/07/2011 to 1124.42 Euros from 13/07/2011 to 1121.05 Euros from 12/07/2011 to 1107.34 Euros from 11/07/2011 to 1106.88 Euros from 25/05/2011 to 1086.84 Euros from 24/05/2011 to 1082.67 Euros from 23/05/2011 to 1076.16 Euros from 29/12/2010 to 1075.37 Euros from 12/06/2010 to 1065.86 Euros.

Other factors favoring the purchase of gold Global demand for gold bullion and coins in 2010 reached the highest level since the collapse of Lehman Brothers in 2008, as investors, especially in Germany, Austria and Switzerland, seeking refuge from the volatility of financial markets Europeans. The purchases were exceptionally high in the case of German and Swiss investors. The increase appears to be a great concern in Germany about the possible inflationary impact of the decisions of the ECB.Michael Kramer, the president of Manfra, Tordella & Brookes, a leading coin dealer in New York, said: "Demand has been high abroad. Most have gone to Germany. " Edel Tully, precious metals strategist at UBS in London, said:"The demand for coins is so high that the proposal has problems to cover." UBS, one of the largest banks bullion dealers in the world, said its sales tables Geneva and Zurich had experienced increased demand for coins and small bullion since 2008 on Thursday (05/06/2020), when ensued in the markets fear of contagion in the euro zone. The Austrian Mint has sold in the last 2 weeks of June 2010 some 108 000 ounces of coins from the Vienna Philharmonic, over the 89,000 ounces sold in the first 3 months of 2010. Its marketing director said: "We have increased third production, so we worked 24 hours a day." Outside the eurozone, traders explained that the demand was also high in North America. Since 2008, an increasing number of investors opting for gold. Gold traditionally rises during times of financial distress or weakness of the devises.According to GFMS, the London-based precious metals consultancy, global investors, led by the USA, acquired in 2009 a record 228.5 tons of gold coins and bullion, compared to 77.4 tonnes in 2000.

Robert Kiyosaki : Rich Dad Poor Dad - Gold $ 15,000

The investor Robert Kiyosaki, world famous for the book "Rich Dad Poor Dad", has just said she sees a possible escape from gold to the 15,000 U.S. Dollars. This comment, explained in the video attached, has been collected and published in the media specialists and ArabianMoney GoldSeek. Is he right, rich dad poor dad, seeing the $ 15,000 gold? Robert Kiyosaki, Rich Dad, is a fenónemo of publications on the economy than investment analysts prefer to ignore, but his book on personal financial management is a top sales. Just so it is interesting to pay attention when Kiyosaki talks about a new trend. Rich dad says now: "Gold may reach a new record high of 15,000 U.S. Dollar". Well, one must know and bear in mind that Robert Kiyosaki told, for example, on the outbreak of the U.S. housing bubble, and thus could save millions of people who took seriously the warnings. It is significant that Robert Kiyosaki, the dean of mass investors, has reached this conclusion and that has informed his followers, simply because "rich dad poor dad" became rich by being present and invested the right time.

Mining Companies Chile to the Top Ten World Gold Production

With investments of over U.S. $ 10,000 million, before the end of the decade would place our country among the seven or eight largest producers of metal. A growing demand and an attractive prospect in the price of an ounce of gold in the world, worth over U.S. $ 1,508, are driving large investments in this metal. Currently, Chile is ranked 17 worldwide producers, but it is estimated that by the end of the decade should be located between the seventh and eighth, as there are in the pipeline, only the region of Atacama, projects over U.S. $ 10,000 million. Sonami President, Alberto Salas, said that today "the production of the yellow metal is 50% of the byproduct of copper mining. But now with investments in specific projects and own gold mining growth in this sector, we can project the 2018 production of 120 metric tons (MT) per year, three times higher than today. " More optimistic is the Director of Studies and Public Policy (s) Cochilco, Vincent Perez, who estimated that "by 2016 the total gold production in Chile has the potential to triple the current total of more than 130 TM, showing a compound growth annual average of 18.3% and could be in eighth place worldwide. " The director of Cesco, Juan Carlos Guajardo, confirms the interesting picture. "The structural weakness of the dollar and the inflation outlook in several regions of the world, reinforcing the role of gold as a safe haven asset in the financial world. In addition, central banks have resumed purchases of gold as a reserve instrument, considering the loss of strength of the dollar. " MINING COMPANIES Barrick Gold The Canadian mining company, whose president is Peter Munk, and the representative in South America, Igor Gonzalez, has two projects in Chile, Pascua-Lama and Cerro Casale, both located in the Atacama Region. The first site, which will come on stream in 2013, is located 75% in Chilean territory (Easter) and 25% on the Argentine side (Lama). The estimated production is between 750,000 and 800,000 ounces of gold during its first five years of operation. To exploit mineral reserves are 391 TM, a total of 18 million ounces of gold, 689 million ounces of silver and 256,000 tons of copper. It is currently in the engineering Meanwhile, Cerro Casale is located inside of Copiapo, in the Salar de Maricunga. It is estimated that the project includes proven and probable mineral reserves of 668.5 MT grading 0.53 0.22% gold and copper. This mineral, the initial investment would be about U.S. $ 5,200 million and could produce about 1.1 million ounces of gold per year and 115,000 tons of copper over a lifetime of 17 years. Goldcorp Goldcorp is a Canadian owned company, whose chairman is Charles Jeannes since 2008. Opera in Chile with the El Morro project (70%), through a joint venture with New Gold (30%), and expect it to come into operation during 2015. The project, located 84 km east of Vallenar and 160 km southeast of Copiapo, Atacama Region, has focused in recent years in the La Fortuna deposit. It is estimated that El Morro has resources of 458 MT of ore grading 0.58% copper and 0.47 grams per tonne gold. Currently, the farm is expected to be held open pit and projected production of 650,000 tons per day of concentrate equivalent to 300,000 ounces of gold a year, with a lifespan of 14 years. The project, therefore will innovate with the installation of a desalination plant in the area Totoral, which have a capacity of 740 liters per second. Kinross Since 2005, the president of the Canadian company Kinross is Tye W. Burt. Until now the firm participates in the operation of two projects, and Golden Mantles Maricunga, which in 2010 obtained a production of 300,000 ounces of gold equivalent, and this year estimate, according to executive vice president, José Tomás Letelier, exceed 400,000 ounces gold. For 2014, expected to start operation of the project Lobo-Marte, which includes an investment of U.S. $ 575 million and expect to reach the 11 tons of gold. This site is located between the mines Maricunga and La Coipa, Atacama Region, and production is projected 350,000 to 400,000 tpa of gold equivalent. Maricunga reserves have a lifespan until 2024, meanwhile, Blancos, 2015, which aim to extend beyond that date with another project. The firm also has a joint venture with Grupo Errazuriz, in Mantles of Gold, since 2009, and Codelco mine Puren, since 2004, all in the Atacama region. Kinross expected gold production in the project Lobo-Marte could start from the last quarter of 2013 and mid 2014.

Gold and Copper Mine in Indonesia

Strike ends at major gold and copper mine in Indonesia,Timika .- The workers of the mining company Freeport-McMoRan in Indonesia, one of the world's largest deposits of copper, will end a strike a week after the company and union reached an agreement. Freeport Indonesia reported that the workers return to their jobs Tuesday at the Grasberg mine, located in a remote mountainous area, and not continue the strike for another week as planned. The company also said it will begin to negotiate with the union on their wage demands. "An agreement was reached with the union to end the strike, which began on July 4 and caused the suspension of mining and extraction," said Freeport Indonesia spokesman, Ramdani Sirait said in a statement. This makes it "less likely" that the U.S. mining company declared force majeure on shipments of concentrates, after production was halted a week at the mine with the largest recoverable reserves of copper, a source of Freeport. Freeport agreed not to punish the leaders of the protest and give the workers their regular salary during the stoppage, which began last Monday. In return, the union agreed to revoke a letter it would extend the strike to July 18, it said. "It is agreed that employees return to his duties on July 12," the document. Both sides have yet to start wage negotiations. The union push to double the salaries of workers, who receive $ 1.50 per hour, the leaders say Freeport employees in other countries are 10 times that salary.

Silvercorp Metals : Silvercorp Metals Inc. is engaged in the acquisition, exploration, development and mining of high-grade silver-related mineral properties in China and Canada

Silvercorp Metals Inc. is the largest underlying argent producer in China through the exercise of the four tableware-instruct-zinc holes at the Ying Mining Quarters in the Henan Domain of China. The Troop is developing its GC tableware-steer-zinc explosive in the Guangdong Arena plus recently acquired the BYP nugget-clue-zinc hole in Hunan area. In Canada, Silvercorp is preparing to bestow for a Slender Explosive Let for the Silvertip lofty degree tableware-convey-zinc hole undertaking in northern British Columbia to afford a another stage for lump also geographic diversification. The Crew's partakes are traded on the Unused York Supply Switch besides Toronto Equip Transpose also are included as a factor of the S&P/TSX Hybrid also the S&P/TSX Global Mining Indexes. Silvercorp today is China's largest prime tableware producer further has achieved an enviable five-year slot journal of reality the lowest value producer of tableware with its business fellows. In the Principal Sector of FY2012 (past June 30, 2011), the association produced 1.6 million ounces of tableware at a dough expenditure of adverse $6.12 by ounce. At the like phase, the concourse is growing its stopgap contemptible ended continuous probe of extant ventures as well as seeking to have unaccustomed evolution schemes in multifarious dioceses. It is single of solely a quantity of precious metals producers to satisfy shareholders a profit (C$0.02 apiece distribute via coin). Pronto midst US$230.5-million in capital, no ache-tenure liability, fit processs furthermore the lowest output expenses among its global work mates, Silvercorp witnesss today’s unparalleled mart volatility as alone finished among opportunities to sprout its activity in the ache duration.

The largest rare earth reserves are found in China

The largest rare earth reserves are found in China, later followed by the United States, Australia and India. In China and the United States, the rare earth substance is contained in bastnaesit, which constitutes the largest resource component. The other substantial rare earth resource in the Bamboo Curtain Country results from absorption ore deposits of lateritic ion, which constitutes mustiness of granitic and sientic rocks in tropical regions, mainly southern China, while the resource in Brazil, Malaysia, Sri Lanka, India and South Africa as well as Thailan results from monazite mineral inside secondary deposits. In Indonesia, the rare earth minerals are found along the tin lane in Bangka-belitung as well as gold lane in Kalimantan. In West Kalimantan, the minerals associate with uranium deposits. Data at the Geology Resource Center 2007 show that the monazite ore deposits in Indonesia total 185,992 tons. The potential is located in tin producer regions. In line with the rising exploration of tin, monazite deposits also increases. However, the quantity has not been known exactly. Globally, the monazite deposits are estimated at 12 million tons and two thirds of the total constitutes heavy mineral-sand deposits in India’s eastern and southern coast. Studies carried out by the Geology Research and Development Center of the Energy and Mineral Resource Ministry (KESDM) show that rare earth is also associated with uranium ores of the monazite type. The study has been applied to uranium ores in Rirang, West Kalimantan Barat. Study executed in Bangka Barat also finds rare earth substances Niobium and Tantalum. In the meantime, study in Kuala Kampar, Riau shows that there are several rare earth minerals, such as tantalum, zirkonium, neobium and yttrium. The existence of the rare earth minerals in the region is closely related to the tin deposits in Sumatra. Kampar and Bengkinang, Riau, kasiterit as the main product of tin mining with associated rare earth minerals, such as monazite, xenotim and zirkon are found. Source : majalahtambang.com

Banro Corp Report from Twangiza

Processing Loading & Hauling Crushing & Conveying Drilling & Blasting Banro Corp has announced that the structure of its altogether-owned Twangiza Step 1 nugget enterprise in South Kivu Field, DRC, is affair on list along nugget output prospective to originate in the December coin of this year. 'Freezing commissioning' - a ordeal score of juices per the mineral processing perennial - has instantly commenced beside perfunctory commissioning that resolution wend to 'heavenly commissioning' - a try rush of filthy rank mineral information around the cultivate - by mid-September. Simon Home, Banro’s CEO commented: "We are prompt approaching a momentous plateau for both Banro moreover South Kivu area in the DRC. Whereas Banro's Lodge made the opinion to emanate beside progress of Twangiza in 2009, we possess worked diligently to a promiscuous agenda which has allowed our troupe to gush its leading nugget in couple years, further accompanying weeks to go, we linger on inventory. “This occasion choose also siren a tremendous feat for the South Kivu field as it determination be the introductory unfamiliar mercenary nugget explosive in the DRC for beyond part a age - plus a will to the co-agency beside the neighborhood, rule also commerce which was integral for this enterprise." Activation of the 1.3Mt/y nugget output skill emulates 24 months of tough deadlines which contain been systematically achieved starting among the perennial point besides structure shelter secular excavation processs that were completed pair months forward of card. The annual talent is planned to be increased to 1.7Mt/y by mid-2012. Cultivate respectful structure processs are almost finish during the structural, perfunctory, electrical, instrumentation furthermore piping are circa 93% end. The diesel-powered Aggreko weight cultivate along a map endowment of 7MW is 90% unabridged moreover a informant of inexperienced moisture for the processing annual has been secured.

Mining Guide : Learn to Know About Mining

Mining guide : First think is we must Learn about what is mining?Simple answer ; Mining is the process of extracting minerals and various materials from the earth. Manganese, tantalum, cassiterite, copper, tin, nickel, bauxite (aluminum ore), iron ore, gold, silver, and diamonds are just some materials of what is mined. and Why Mine?We know Mining is a BIG money making business. Not only do mining companies prosper, but governments also make money from revenues. Workers also receive income and benefits. What is Principle of Mine? Mine is valuation of Manganese, tantalum, cassiterite, copper, tin, nickel, bauxite (aluminum ore), iron ore, gold, silver, and diamonds. What are the minerals and metals important used for?Minerals and metals are very valuable commodities. For example, GOLD is a important material for jewelry business. Gold It is also used to electronic industrial. Other example is Tantalum, Tantalum is used in cell phones, pagers, and lap-tops. Cooper and tin are used to make pipes, cookware,. and.... etc. Mine Valuation ?;is Calculation of quantities of ore and classification of ore in sight.As mines are opened by levels, rises, etc., through the ore, an extension of these workings has the effect of dividing it into "blocks." The obvious procedure in determining tonnages is to calculate the volume and value of each block separately. Prospective value ?is Extension in depth,origin and structural character of the deposit,secondary enrichment,development in neighboring mines;depth of exhaustion. Large scale mining versus small scale mining?1.Large scale mining usually involves a company with many employees. The company mines at one or two large sites and usually stays until the mineral or metal is completely excavated. 2.Small scale mining usually involves a small group of nomadic men. They travel together and look for sites which they think will yield gold or another valuable metal or mineral. Where does mining occur?Mining occurs in 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. Mining also occurs in Indonesia and other S.E. Asian countries. Price of Metals?is recoverable % of the gross assay value or cost of production.Unfortunately for the mining engineer, not only has he to weigh the amount of risk inherent in calculations involved in the mine itself, but also that due to fluctuations in the value of metals.

How to Invest in Gold Today after the Gold Price is high

Whenever we're invest and buying gold, the first rule we're must remember is dollar cost averaging -- putting a fixed amount of money towards gold every month regardless of the price. For the average investor, this technique spreads risk out over time and lessens the downside.Most money managers advocate anywhere from 3%-10% in gold. More bullish managers recommend an allocation as high as 20%.

Gold is very high custody, insurance against inflation, currency debasement, and global uncertainty. Here are 4 strategy we can used before invest GOLD. 

1.Only Buy GOLD BULLION or GOLD BARS

Only buy physical gold at various prices: Gold bullion/bars. After we're buying gold bullion,we can store gold in bank safety deposit boxes or at home. Buy gold bullion with avoid big premiums. We want to buy gold as close to the spot price as possible, or a 10% premium at most. The higher the premium, the higher the gold price will have to rise in order for we to get more profit.

2.ETFs

Gold exchange-traded funds are a popular route to have gold exposure in we're portfolio without the hassle of storing the physical metal. First, you can invest in one of three physically backed ETFs, which track gold's spot price.

3.ETNs

If we're want to get more risk, try exchange-traded notes, debt instruments that track an index. You give a bank money for an allotted amount of time and, upon maturity, the bank pays you a return based on the performance of what the ETN is based on, in this case the gold futures market.

4.Gold Miners

Gold miners are higher treacherous because they trade with the broader equity market. Some tips to consider when picking gold stocks are to find companies with strong production and reserve growth. Make sure they have good management and inventory supported by either buying smaller-cap companies or by maintaining consistent production.  

Do you want to Gold Investment? Select Gold Bars

Gold has become a very profitable investment today. In addition to jewelry, gold investment made ​​by most people around the world due to give more benefit than if the only saving money in the bank. 

A Gold Investment Advisors in Asia said that the yield advantage of savings through inflation is never so pretty much year after year the people's purchasing power fell. Though the intention was to save in order to use it gains the results are not great. 

He said if want to invest in gold is better to invest in Gold Bars. If we invest in gold in the form of gold jewelry was just a fashion trend or a fashion only. When new models come out the old jewelry to be sold, so no long-term investment where you should invest in gold it should be for a period of investment in the medium to long term. 

So the conclusion : gold investment is highly profitable TODAY.