gold mine

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Gold Mine Scamster Rips Off Couple for $5M

Fraudster spent elderly couple's cash on oxygen chamber

(Newser) - A California man who claimed to have a new way of extracting gold from old mines has been busted for bilking a couple in their '80s out of nearly $5 million. John Arthur Walthall blew the couple's cash on cars, alimony, film school fees for his son, and a $60,...

Salmon Protections Strike Calif.'s New '49ers

Gold prospectors banned from using 21st-century dredgers

(Newser) - Prospectors seeking to join California's new gold rush are facing an upstream battle amid moves to protect the state's salmon stocks. Suction dredge mining, which uses gas-powered machines to scrape gold from river beds, has been banned while its environmental impact is reviewed, a process expected to take until 2011....

US-Owned Gold Mine Target of Deadly Papua Attacks

(Newser) - Two people were killed today in the latest attack near a US-owned gold mine in Indonesia's Papua province, the AP reports. At least 12 people have been killed or wounded in ambushes near the mine in recent weeks. Authorities blame separatist rebels, who have been waging an insurgency in the...

Gold's Price Is High, but Human Costs Are Steeper
Gold's Price Is High, but Human Costs Are Steeper
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Gold's Price Is High, but Human Costs Are Steeper

(Newser) - As the price of gold continues its steady climb—at $271 before 9/11, it's now above $835—National Geographic provides a sobering look at the human and environmental costs of finding it and digging it up. With the world's biggest deposits long gone and new discoveries rare, "it's an...

Price of Gold: Alaska's Salmon
Price of Gold: Alaska's Salmon

Price of Gold: Alaska's Salmon

Fear region's resource will be devastated

(Newser) - The world's largest sockeye salmon fishery, located in the Bristol Bay area of Alaska, is threatened with destruction by a proposed gold mine, which could become the biggest in North America. The planned Pebble Mine has polarized the state; mining companies, on the one hand, and environmentalists and commercial fishing...

Stories 21 - 25 | << Prev