The Guardian: A “new frontier” in mining is set to be opened up by the underwater extraction of resources from the seabed off the coast of Papua New Guinea, despite vehement objections from environmentalists and local activists. Canadian firm Nautilus Minerals has been granted a 20-year licence by the PNG government to commence the Solwara […]
Mining the Seabed for Gold Read More »
How do you make money in the gold recycling business? Volume! Each year, ARA buys tons of scrap gold and silver from jewelers, pawn brokers or “cash-for-gold” operations. The company pays between 98% or 99% of the market value for the jewelry, processes it, and then resells the pure gold and silver at market prices.
In 1973, Coins ’N Things opened as a small storefront between a Dairy Queen and a hair salon in Brockton, Mass. Today they do $6.5 billion in annual sales with about fifty employees. How do they do it? Easy, they’re the single largest seller of raw gold the United States government. Every weekday, Coins ’N
Tiny Family Biz Sells Billions in Gold Read More »
Historically, January 24 was both a good day, and a bad day for entrepreneurs. Not only was gold discovered in California and the first Apple Macintosh put up for sale, but the income tax was declared legal in the United States. 1848 – California Gold Rush: James W. Marshall finds gold at Sutter’s Mill near
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CBS News: Many people have come to New York over the years in search of fortune. It is not true that the streets are paved with gold, but the sidewalks might be. Sometimes, in tough times, people think up the craziest ideas for making money. Take, for example, 43-year-old, unemployed jewelry setter Raffi Steppanian. As
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With the price of gold so high, you’d be surprised at the changes it’s bringing to the search for gold. Below are two videos reports that demonstrate this. In the first, a company in South Africa is “mining” the waste material from decades of mining in South Africa. They’re pulling nearly 0.3 grams of gold
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MSNBC: fe is suddenly very good. In almost every way Nevada is still reeling from the recession. It has the highest unemployment rate in the country at almost 13 percent, and one of the highest foreclosure rates. But in the northeast corner of the state, almost 500 miles from the Vegas strip, li In Nevada’s
Gold Prices Drive Business Growth Read More »
You may not live in the Sierra Nevada mountains of California like me, but with the price of gold as high as it is, have you considered adding “panning for gold” to your business strategy? Have a good Saturday everyone. SF Gate: Gold nuggets are sprouting like weeds on streams in the Sierra Nevada foothills
There’s Gold in Them Thar Hills Read More »
The Sun Sentinel reports what’s being billed as the first gold-dispensing ATM in the nation at the Town Center Mall in Boca Raton, spitting out an after-dinner-mint-sized gold bullion into the palm of its first customer. The Gold To Go gold bullion vending machine, developed by the Germany company Ex Oriente Lux AG, was brought
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