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Defunct Gold Mines Lure Investors on New Technology, Price Gains
Jun. 16, 2011 03:40PM PST
Precious MetalsBloomberg reported that new technology is allowing miners to explore previously closed gold mines once again.
Bloomberg reported that new technology is allowing miners to explore previously closed gold mines once again.
The market news is quoted as saying:
Modern technology helps explain why miners are heading back to abandoned sites. Most early mines were located on particularly rich deposits to compensate for crude extraction techniques.
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