Monday, April 24, 2017

Wildflowers Color California Desert

Rain-fed wildflowers have been sprouting from California's desert sands after lying dormant for years. An explosion of wildflowers in California's desert sands is drawing record crowds to see the rare abundance of color called a "super bloom." The last was in 2005.

Spring made an exuberant entrance after an unusually wet winter and consistent rainfall through 2016 after a five-year drought. Much of Southern California teems with flowers, but the 630,000-acre Anza-Borrego State Park is alive with color.

PyroGenesis Canada Inc. - PYR.v

PyroGenesis Canada Inc. - PYR.v is a leader in the design, development, manufacture and commercialization of advanced plasma processes. The company provides engineering and manufacturing expertise, contract research, and process equipment packages to the defense, metallurgical, mining, additive manufacturing, oil & gas, and environmental industries.



On April 19, 2017 the company released News

PyroGenesis Canada Inc. (TSX-V: PYR) (OTCQB: PYRNF), a high tech company (the “Company” or “PyroGenesis” or “PCI”) that designs, develops, manufactures and commercializes plasma based systems and plasma torch products, is pleased to announce today that, further to its press release of September 14, 2016, PyroGenesis has, in coordination with the US-based Southwest Research Institute (SwRI), successfully completed long-duration performance tests using the Company’s tactical Plasma Arc Chemical Warfare Agents Destruction System (“PACWADS” or the “System”) using surrogate chemical warfare agent material.








http://pennystockjournal.blogspot.com/2017/04/pyrogenesis-canada-inc-pyrv.html

Sunday, April 23, 2017

Australia's Merlin Diamond Mine

The Merlin mine leaped to fame several years ago as the home of Australia’s biggest diamond find, a 104 carat stone. Merlin was an open-pit operation from 1998 to 2003, having produced 507,000 carats of diamonds. Merlin Diamonds Pty Ltd, (ASX: MED) formerly North Australian Diamonds, acquired the project from Rio Tinto in 2004.

Merlin diamond 104 carats
The mine is still producing big diamonds, a 35.26 carat diamond was found there in January. The company completed a financing of $5.5 million in March this year.

Merlin also produced a rare blue diamond in December.
The Merlin Diamond Mine has yielded five ultra-rare green diamonds, the largest of which weighs 1.42 carats. The green diamond revelations are the latest in a string of good news for the mining operation.

Saturday, April 22, 2017

Amber Mining in Ukraine

The heart of Ukraine’s Wild West, thousands of acres of ravaged pine and birch forests whose sandy soils hide millions of dollars in amber. The rush is built by tens of thousands of poor villagers as they illegally blast apart the landscape with pressure hoses, digging for the brown lumps of fossilized tree resin.

When amber is mined on a large scale, the visible impact is industrial wasteland. Acres upon acres of forest are clear cut and backhoes are used to dig a channel to a water source—usually a river. Water pumps made of old Mercedes van engines blast into the ground. As the wildcatters pump water into the earth, deep pits form and the amber, lighter than the rocks and sand, is pushed up in the water column.
Thousands of hectares of land have been destroyed by the illegal mining of amber. The stakes are enormous. Illegal Chinese wholesale buyers in Kiev pay $ 4,800 for a rare 100-gram stone. An intact, 50-gram piece pays out $3,800. Even a 2-gram piece is worth $150. Chinese are paying about $2,000 to $3,000 per kilogram for big stones.

In a country where most people make around $2,100 a year the incentive is obvious.
Although there are a few government controlled mines, the process to get a license to operate a legal mine can take years and is fraught with corruption at every level. The estimated $500 million a year illegal amber mining business shows no signs of stopping soon.

Friday, April 21, 2017

Florida treasure hunters find $4.5M in lost gold

A team of treasure hunters scouring the waters off Florida recovered a $4.5 million bounty of gold coins – including several made for the king of Spain, Philip V, in the early 1700s.

The find – made off the coast of Vero Beach -- was announced by Bret Brisben, captain of the S/V Capitana. Brisben and his crew found 350 gold coins, nine of which are known as Royals and valued at up to $300,000 apiece.
Brisben’s find comes a month after one of his subcontractors found 52 gold coins worth more than $1 million. He found the gold while diving about 150 feet off the coast of Fort Pierce in Florida during his yearly treasure-hunting trip with his wife, his sister and his parents.
"It resonates with everybody -- every demographic, young and old, rich and poor," Brisben said. "People freak out that we're literally 10-15 feet off the beach in 2-3 feet of water."

Belo Sun Mining Corp. - BSX.t

Belo Sun Mining Corp. - BSX.t is focused on advancing the Volta Grande Gold Project located in ParĂ¡ State, Brazil.

In March 2015, the Company issued a NI 43-101 for the Volta Grande Project which estimates average annual gold production of 205,000 ounces of gold for 17 years with a cash operating cost of $618/oz.




On April 12, 2017 the company released News

Belo Sun Mining Corp. ("Belo Sun" or the "Company") (TSX:BSX) has received an interim suspension order issued by a judge from the Brazilian Federal Regional Court (the "Court") related to the Construction Licence ("LI") for the Volta Grande Project. According to the order, the LI is to be suspended until the indigenous study has been approved by Funai (Indigenous Affairs Agency of Brazil).









http://pennystockjournal.blogspot.com/2016/02/belo-sun-mining-corp-bsxv.html