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Gold/Mining/Energy : Gold Price Monitor -- Ignore unavailable to you. Want to Upgrade?


To: Bucky Katt who wrote (4673)12/23/1997 12:01:00 PM
From: Alex  Read Replies (2) | Respond to of 116753
 
GOLD RUSH BREWING UNDER THE SEASDecember 22, 1997ÿSpurring comparisons to historical gold rush days in different parts of the world, for the first time miners have laid claim to rich deposits of gold, silver, copper, zinc, and iron in 2,000 square miles of deep sea in the territorial waters of Papua New Guinea. The Australian miniers claim that tests show that the area holds the richest volcanic deposits ever found at sea and estimate the value of the materials to be mined to be at least $1 billion.