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    The Homestake Gold Mine

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    The Homestake Gold Mine is located in Lead, SD (fig 1). The Homestake Gold Mine was the largest gold mine in the western hemisphere, and it was the United States’ longest continuously operating mine until it closed in 2002. The mine closed because it was costing more to get the gold out than the gold was worth hence why mining is called economic geology. The Homestake was also the deepest mine in the western hemisphere. The Homestake gold mine has three main formations in it. The formations from oldest to youngest are the Poorman, the Homestake, and the Ellison. The gold is only found in the Homestake Formation (Caddey et al. 1991). The Poorman Formation is called the Poorman for a reason because if you were to mine the Poorman Formation you would go poor because there are no valuable minerals in the formation. The Poorman Formation is a sericite-biotite phyllite and averages 1,500m of thickness (Caddey et al. 1991). The Homestake Formation is a Gruerite-siderite schist and iron formation and can range from 1 to 125m thick (Caddey et al. 1991). The Homestake is 125m think in the fold hinges (Caddey et al. 1991) and hence why the folds contain the most gold (Rye and Rye 1974). The Ellison Formation is a sericite-biotite phyllite that has an average thickness of 400m…

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    evolution of Gold as a medium of trade and how, over the time, Gold has changed its image as mere jewellery item to a commodity that can be traded. This article also explores both global as well as regional factors that affect the demand and supply of gold thereby affecting its prices. We also explore how gold has traversed its journey from jewellery shop to being the most traded commodity with maximum liquidity on Multi stock exchange. The end side of the article talks about recent developments…

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    Gold Standard Case Study

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    expanded dramatically compared to quarter 3 and now it includes products in two other market segments, the need for new sales people increases as well. In the next quarter Chicago will continue to have the greatest number of people out of all the markets in which Gold Standard competes. The reason for this is the fact that Chicago is the largest market for both the Mercedes and Traveler target segments and it also has a large Workhorse potential. Overall Chicago is the largest market, which…

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    breaking your precious gold necklace or bracelet. Unfortunately, this frequently happens to many people simply because the gold is so delicate and precious. Pulling or yanking too hard on it in a rushed attempt to remove it, getting it snagged on something or accidentally snapping it while trying to untangle it can easily break the chain. Jewelry repair service is expensive and can sometimes cost as much as the gold necklace or bracelet did itself. So most times, your broken gold necklace or…

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    California Gold History

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    In the Spring of 1849, gold was discovered in John Sutter’s saw mill. Samuel Brannan ran through the streets of San Francisco, yelling to all about the news. “Gold! Gold! Gold from the American River!” The news spread quickly around California, and in just three days, the population of San Francisco went from 250 to 600. By the Spring of 1849, the news of gold had spread to every part of the United States by boat, wagon, and mule. When the people's wildest dreams were confirmed by President Polk…

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    The Rise Of The Gold Rush

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    phenomena was the Gold Rush that took the American Society by storm and made such a vast impact on its society and people. In the midst…

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    The Alaskan Gold Rush

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    The Alaskan a Gold Rush. It was a big deal in the late 1800s. It attracted many people all over North America from Canada to Mexico. Everyone wanted to go to Alaska just got this. It was a out burst of people. It drew a lot of attention! There we many stories and novels written about the gold rush, such as "Gold Rush Fever" or the Last Great Gold a Rush. But there are two stories by Jack London that he had written about gold in this time era. The two books that he had wrote are "the Love of…

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    Essay On Gold Fever

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    seen on many accounts that there is gold there. At the scene of a sawmill owned by John Sutter, James Marshall was a carpenter who does his work with no problem. While Marshall was working, he went to the nearby stream and noticed that there was some gold dust in the water. So Marshall quickly called his boss, John Sutter to where he found the gold dust. Only Marshall and Sutter were the only ones in the California region. As much as they wanted to keep this news between the both of them, it…

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    Haile Gold Mine

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    Gold has served as a sort of international monetary system dating all the way back to the first forms of trade and bartering. Gold has and will continue to have a profound impact on the world currencies (Allen). Recognizing the importance of gold people have been quick to collect as much gold as possible, as shown as the California Gold Rush. Before the gold rush in the West, South Carolina was home to one of the largest gold mines in the Southeast, Haile Gold Mine. Gold mining at Haile has…

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    The Klondike Gold Rush

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    Gold Ever since I was a child I have been fond of gold. The way it sparkled and caught your eye. The essence of how it makes an outfit glamorous, just by one single piece. A child found a shiny rock in a creek, thousands of years ago, and the human race is introduced to Gold for the first time. It was first found as shiny yellow nuggets. Gold became a part of every human culture. Its brilliance, natural beauty, and lustre, as well as its workable texture and resistance to tarnish, made it…

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