Sunday, March 31, 2013

10 Largest Gold Mines

10 Largest Gold Mines



1. Grasberg Gold Mine is in the Indonesian province of Papua and produced 2,025,000 ounces of gold, according to the annual report of Rio Tinto Plc. The mine is majority owned by Freeport-McMoRan Copper & Gold Inc. Besides gold, it also produces silver and copper.
2. Muruntau Gold Mine is about 250 miles west of the capital in Uzbekistan. It is believed to have produced approximately 1,800,000 ounces of gold in 2012. The project is run by state-owned Navoi Mining and Metallurgical Combinat.
3. Carlin-Nevada Complex is in Nevada and produced 1.735 million ounces in 2010. It is owned by Newmont Mining Corp. and includes both open-pit and underground operations.
4. Yanacocha Gold Mine is in northern Peru and is the largest gold mine in Latin America with 1.46 million in 2011. It is run by Newmont Mining and owned by Newmont Mining and Buenaventurda, a Peruvian company.
5. Goldstrike (Betze Post) Gold Mine is northwest of Elko, Nevada and produced 1.24 million ounces of gold in 2012. It is owned by Barrick Gold Corp.
6. Cortez Gold Mine -- This mine, which is southwest of Elko, Nev., produced 1.14 million ounces of gold last year. It is owned by Barrick Gold.
7. Veladero Gold Mine -- This mine, which is in Argentina, produced 1.12 million ounces of gold last year. It is owned by Barrick Gold Corp.
8. Lagunas Norte Gold Mine is in north-central Peru and produced 808,000 ounces of gold. It is owned by Barrick Gold.

9. Lihir Gold Mine in Papua New Guineau, produced 790,974 ounces of gold. It is owned by Newcrest Mining Ltd.

10. Super Pit/Kalgoorlie is an open-cut mine in Western Australia which produced 788,000. It is 50-50 owned by Barrick Gold and Newmont Mining.
Boddington, Australia. Gold Production 741,000 oz in 2011. Newmont Mining.


Saturday, March 30, 2013

Major Problems in FAU.v land? - duh

So the creditor installed management dorks have wreaked their dopey magic and damn what a surprise, there are MAJOR problems in the henhouse for some completely unexplained reason.

Despite the bestus core ever seen by a monkey on planet earth this dopeshow STILL can't get at the rock for some obvious yet completely undisclosed reason ... i.e. the rock is below the natural water table.
"While the company has made progress in its efforts to become cash-flow positive and has markedly improved its gold production over the course of the past year, this progress has been interrupted by certain events beyond the company's control. As a result, the pace of progress has been insufficient to generate the sustained productions levels necessary to achieve commercial production to date in fiscal 2013. In particular, the company's milling throughput for February and March has been negatively impacted by continued inclement weather, logistical challenges relating to air deliveries of key production supplies and fuel, and unscheduled downtime for equipment repair of the Larox filter, secondary cone crusher and ball mill motor. In the current fiscal year, the company's cash flows have also been hindered by certain liabilities that arose from reconciling concentrate shipments from the second quarter of fiscal 2012.
http://www.stockwatch.com/News/Item.aspx?bid=Z-C%3aFAU-2054009&symbol=FAU®ion=C

"While these liabilities have been successfully resolved by the company, this resolution did negatively impact current fiscal year cash flows."

This grotesque public offense has been a scam since day bloody one and this monkey has documented EVERY disgusting turn. Sometimes it sure as chit AIN'T rocket science folks.

Wednesday, March 27, 2013

Joshua Bond busted for selling fake gold online

"BARRIE, Ont. — Not all that glitters is gold. Especially not the stuff coming from the home of Joshua Bond in Barrie, police said Wednesday, after charging the 33-year-old with two counts of fraud for allegedly selling fake gold online.

Police seized equipment from Bond’s home Tuesday night, but they still aren’t sure if the phony gold bars and krugerrands (South African coins) were made there or off-site. They don’t even know what the actual material is yet, except it’s not gold.

Forged documents were used to authenticate the gold and also some silver pieces to buyers, police said. One buyer purchased $10,800 of the junk metal, police said. Bond was selling the fools gold through a company he created called The Bullion Broker. He was charging $1,500 an ounce — just below the market price of $1,600 an ounce. “If it’s too good to be true, it probably is,” Higgins said.


http://www.stcatharinesstandard.ca/2013/03/27/ontario-man-busted-for-making-fake-gold-in-his-home

Tuesday, March 26, 2013

The lost Fabergé eggs

Peter Carl Fabergé and his brother Agathon were Russian jewellers of French descent based in St. Petersburg. They became famous for the quality and beauty of their work. In 1885 Tsar Alexander III (House of Romanov) commissioned the production of the gold and enamel 'Hen Egg' for his wife the Empress Maria. The tsarina and the tsar enjoyed the egg so much that Alexander III ordered a new egg from Fabergé for his wife every Easter thereafter. The egg is currently located in Russia as part of the Vekselberg Collection. Fabergé was made ‘Goldsmith by Special Appointment to the Imperial Crown’ and over the next 33 years 52 eggs were made for the Russian Royal Family as well as a further 15 for other private buyers.
The 1917 Russian Revolution toppled Tsar Nicholas II who was executed along with much of the royal family in July 1918. The Fabergé eggs and many other treasures of the Royal family were confiscated and stored in the vaults of the Kremlin Armoury. Some were sold to raise funds for the new regime. Over time eight of the original 52 Imperial eggs have vanished and their whereabouts remain a mystery to this day. In 2007 'The Rothschild' egg was sold at Christies Auction House for $8.9 million.




In 2002 the 1913 Faberge "Winter Egg" sold for 7.2 million Swiss francs ($5.5 million US) at Christie's.


Christie's to auction 'perfect' 101 ct diamond

On 15 May 2013 Christie’s will auction in Geneva a pear-shaped perfect diamond weighing 101.73 carats. Offered for sale for the first time, this sensational gemstone is not only one of the largest pear-shaped diamonds known to date, it is also one of the world’s most perfect diamonds: a D colour, Type IIA Flawless gem. The rare brilliance and inner limpidity is only found in the chemically pure Type IIA diamonds, which account for less than 2% of the world’s diamond production.

Christie's said the rough stone weighed 236 carats when it was extracted from the Jwaneng mine (DeBeers) in Botswana and required 21 months to polish.


In November 2012, Christie's sold the cushion-shaped, colourless, 76.02-carat Archduke Joseph Diamond for a world record-setting $21.5 million.

Erwin Speckert busted for $ 1.3m in cash

Apparently the splaining done by Mr. Erwin Speckert wasn't enough to stop authorities from deciding the funds were proceeds of crime.

"B.C. Securities Commission target Erwin Speckert has been criminally charged after he was found carrying $1.3-million in a backpack at a Greyhound terminal in Winnipeg. RCMP say that they received a call to attend the terminal in February, 2012, when they discovered Mr. Speckert carrying the money in $100 bills. He was at the terminal for a stopover on his way to Vancouver.

Mr. Speckert was released with no charges at the time, but on Feb. 26, 2013, prosecutors in Winnipeg charged him with possession of proceeds of crime, trafficking in proceeds of crime, possession for the purpose of trafficking in proceeds of crime and laundering of proceeds of crime. He turned himself in to police on Friday, March 25, and after a court appearance was released.
The appearance was subject to a publication ban. Several Winnipeg media outlets reported his arrest on Monday, with the Winnipeg Free Press saying that the money was allegedly the proceeds of illegal gaming in Ontario.
http://www.stockwatch.com/News/Item.aspx?bid=Z-C:*BCSC-2052597&symbol=*BCSC®ion=C

Sunday, March 24, 2013

Gold of Tutankhamun

In the fall of 1917, Howard Carter and his sponsor, Lord Carnarvon, began excavating in earnest in the Valley of the Kings.


Carter stated there were items bearing the name Tutankhamun - a faience cup, a piece of gold foil, and a cache of funerary items, that convinced him that the tomb had not yet been found. Carter was determined to search this area by excavating down to the bedrock.

By November 1, 1922, Carter began his fifth and final season in the Valley of the Kings by having his workers expose the workmen's huts at the base of the tomb of Rameses VI. After exposing and documenting the huts, Carter and his workmen began to excavate the ground beneath them. By the fourth day of work, they had found something - a step that had been cut into the rock.




Work feverishly continued and by late afternoon on November 5th, 12 stairs (leading downwards) were revealed; and in front of them, stood the upper portion of a blocked entrance. Carter had discovered an ancient royal Egyptian tomb, one that had lain nearly undisturbed for over 3,300 years.

When the boy king was found he rested inside three golden coffins. The first two were carved in wood. The coffin was first overlaid with sheet gold on a thin layer of plaster. Narrow strips of gold, placed on edge, were then soldered to the base to form cells in which small pieces of colored glass, fixed with cement, were laid.

The third coffin is 296 pounds (135Kg) of gold.



The death mask is solid gold, beaten and burnished, and was placed over the head and shoulders of Tutankhamun's mummy, outside the linen bandages in which the whole body was wrapped. It weighs about 24 pounds. (10.9kg)

The stripes of the headdress are made of blue glass in imitation of lapis lazuli, and the same material has been used for the inlay of the false beard. The vulture's head upon the brow, symbolizing sovereignty over Upper Egypt, is also solid gold, apart from the beak, which is made of horn-colored glass, and the inlay of the eyes, which is missing. By its side is the cobra, symbolizing sovereignty over Lower Egypt, its body made of solid gold, its head of dark blue faience, its eyes of gold cloisonne inlaid with translucent quartz backed with a red pigment, and its hood inlaid with carnelian, lapis lazuli, turquoise-colored glass, and quartz.


There has been speculation about the fate of the boy king who inherited the throne at 11, and who died around 1324 BC at age 19.

Tests performed on 16 royal mummies found four, including Tut, had contracted a severe form of malaria that likely cut short Tut's reign -- ruling out murder or some other sickness.



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