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copperbullion
Penny Pincher Member
 
 Australia
136 Posts |
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Cody8404
Penny Hoarding Member
   

USA
602 Posts |
Posted - 02/07/2008 : 04:35:54
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I really enjoyed that video. I made a visit to the Bingham Mine last year. It is huge. The video shows copper production before the “modernization” of the 1980’s. It really is a good video. This is the world’s largest open pit mine, and I think they told us that the Bingham Mine had produced 11% of all the worlds copper, but the supply of copper in the mine will run out about 2015. Sorry I can’t confirm these reports.
Just another reason to hang onto those copper cents.
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Awake, O kings of the earth! Come ye, O, come ye, with your gold and your silver, to the help of my people, to the house of the daughters of Zion, to the help of the people of the God of this Land even Jesus Christ. |
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MaDeuce
Penny Pincher Member
 

USA
124 Posts |
Posted - 02/07/2008 : 09:46:26
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Thanks! I love old clips like that. The magnitude of some of these operations is hard for me to really get my mind around. What people were able to do 50, 100, 150 years ago is pretty amazing. Of course, we always think that everyone back then was primitive. I've been going through some chemistry books from Project Gutenberg that were written before 1900. It is simply amazing to me what those guys were able to do with the tools/concepts they had then...
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Ardent Listener
Administrator
    

USA
4841 Posts |
Posted - 02/07/2008 : 11:05:04
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| Where can I get some of those 500 pound bars? Not the most attractive bars I ever saw. Great Video. |
Realcent.forumco.com disclosure. Please read. All posts either by the members, moderators, and the administration of http://realcent.forumco.com are for your edification and amusement only. It is not the intent of realcent.forumco.com or its host to provide investment, medical, matrimonial, legal, security or tax advice and nothing posted here should be considered to be so. All rights reserved.
Think positive. |
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Ardent Listener
Administrator
    

USA
4841 Posts |
Posted - 02/07/2008 : 11:07:25
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quote: Originally posted by Cody8404
I really enjoyed that video. I made a visit to the Bingham Mine last year. It is huge. The video shows copper production before the “modernization” of the 1980’s. It really is a good video. This is the world’s largest open pit mine, and I think they told us that the Bingham Mine had produced 11% of all the worlds copper, but the supply of copper in the mine will run out about 2015. Sorry I can’t confirm these reports.
Just another reason to hang onto those copper cents.
We need to remember, its not only the demand that will drive up the prices in the future, its also the supply or lack of. |
Realcent.forumco.com disclosure. Please read. All posts either by the members, moderators, and the administration of http://realcent.forumco.com are for your edification and amusement only. It is not the intent of realcent.forumco.com or its host to provide investment, medical, matrimonial, legal, security or tax advice and nothing posted here should be considered to be so. All rights reserved.
Think positive. |
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