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The Most Common Uses for Gold
Contrary to popular belief, gold isn’t simply used for currency and jewelry. In fact, gold is among the most revered and valued metals in the history of civilization. This precious metal conducts electricity, is malleable, doesn’t tarnish, can be made into sheets or wires and alloys well with a variety of other non-precious metals. Throughout […]
Read More >>A Brief History: Natural Gas
Natural gas has been in existence for millions of years. However, it wasn’t until 1938 that the U.S. government regulated this industry. Once a mystery to man, this strange black substance would sometimes be ignited by lighting strikes and in ancient civilizations fueled by superstitions and legends, these stories grew to out-of-this-world proportions. One of […]
Read More >>Oil Production Helps Attract Infrastructure
U.S. oil production helps boost domestic oil supplies while increasing infrastructure. A prime example of a modern day oil boom is North Dakota. Across the state, demand for housing, drilling rigs, office space and pumping units has expanded at an alarming rate, one that can literally not be met. Oil production in this area has […]
Read More >>Locating Coal Deposits: A How To Guide
Coal appears similar to black rock, but it’s actually compressed plant matter. Over a long period of time, decayed plant matter becomes compressed with sediment and clay. Thousands of years later, once unearthed, this compressed matter becomes rock hard. Mostly comprised of carbon elements, coal contains stored solar energy. Most popular in 19th and 20th […]
Read More >>Gold Mining Methods
There are several ways to mine for gold. Some methods highlight old-time techniques, while others embrace the use of modern technology. Popular gold mining methods include: Pan, Shovel and Cradle – This old-fashioned, physically intensive gold mining method is a popular technique used for prospecting. Cradles, often made from wooden boxes, are rocked in a […]
Read More >>Mine Loan Requirements
Mine loans are niche-loan markets that require special, expert investor funding. Generally financing producing mines, there are numerous options for mine funding. Land Type – A question of great importance is if the land is owned or leased. Necessary permits and staked claims must be obtained, as this shows proof of mineral ownership. Legal rules […]
Read More >>Mine Loan Financing Options
Mine projects are expensive endeavors that require extensive financing. Investors weigh debt and equity when reviewing operational mining loans. Many investors are willing to collect cash flows from mining operations, which are applied towards debts’ loans. Purchase agreements can also be signed that state investors can purchase natural resources at discounted prices for specific terms. […]
Read More >>An Introduction to Coal and Its Many Uses
Coal is a natural fossil fuel that dates to prehistoric times. This energy source developed from living plants that underwent a sun-fueled photosynthesis process. Once these plants died and decayed in peat bogs and swamps, the stored solar energy was released. This energy then was sealed within coal deposits. Coal began to form between 360 […]
Read More >>The Science of Oil Drilling
The skill of oil drilling is a relatively complicated scientific process. In layman’s terms, crude oil is extracted from oil wells. This oil is then sent to refineries where it is turned into gasoline, heating oil, kerosene and other products. Formed between 10 million and 600 million years ago, oil is the remains of tiny […]
Read More >>U.S. Natural Gas Shale Deposits: A Wealth Yet to be Discovered
The U.S. Energy Information Administration cites statistics that show the U.S. is not only the top natural gas producer in the world, but also the highest consumer. With 273 trillion cubic feet of gas reserves, the U.S. contains the world’s fourth largest source of gas deposits. With modern mining and extraction improvements, more of these […]
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