Rise Gold Corp is in the process of re-opening a historic underground gold mine, the Idaho-Maryland mine, first opened in 1863. At its' peak production in the early 1940s it employed 1000 people and was the second biggest gold mine in the US. Once operational, they will employ 300 people and mine 1000 tons of rock daily and 100,000 ounces of gold annually. Today's spot price of gold was $1879.
Top comments
We are a "deep dive" news podcast, for Americans who get their news from the Internet. Our mission is to give the listener succinct, fact based analysis both non-ideological and independent from a California, Silicon Valley perspective.
Your host
Jim Herlihy is a published author: his novel “Deceit and Dirty Money” is available on line. He served as President of the SF Public Library Commission 1992 - 1996. While working in Latin America, he was a stringer for The Economist, The Times and the BBC. Jim serves as a director on two SF sister city boards : Bangalore, India and Cork, Ireland.