Word: mininger
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The sun god's crib it isn't. But for every ton of rock pried from the earth, two grams of gold will be produced. Last year the Dayingezhuang mine turned out 78,000 ounces of gold, worth more than $78 million at the current price of around $1,000...
In a way, the country is merely regaining its former glory. The Chinese have been pulling gold from the earth since the Song dynasty 1,000 years ago. But after the communist takeover in 1949, mining went dormant for decades. Personal ownership of gold was banned as a bourgeois extravagance...
The backwardness of China's gold-mining business is apparent to anyone visiting Zhaoyuan, a Shandong province city of 580,000. More than 60 mines operating in the hills around Zhaoyuan annually unearth about 15% of China's gold - enough to qualify the little city as the de facto gold...
Beating San Francisco in the e-stakes is a big deal for an old coal mining city of only around 78,000 people, nestled about an hour north of Victoria. What Nanaimo lacks for in size, it has tried to make up in sheer volume of raw electronic data.
That's because mud isn't the only thing boiling over in Porong. Villagers displaced by the eruption blame the disaster on PT Lapindo Brantas, an Indonesian mining company drilling for natural gas in the area. Lapindo is partly controlled by the family of Aburizal Bakrie, Coordinating Minister for the...