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Mining 101: Ultimate List of Gold Mining Equipment. Apr 15, 2019 There are two basic steps to gold mining: prospecting and production. "Prospecting" refers to the actual search in a certain area for valuable minerals, and "production," also known as mining, is the physical act of removing the gold from where you found it.Since different equipment exists for prospecting and mining, this article,Reliable Gold Furnaces to Salvage More Metals for Mining,,A Gold Furnace Offers Low Costs, Reliability, and A Happier Work Environment. The precious metal industry has been hit hard by the global recession, and like silver, there isn’t a lot of good news for gold mining companies. As of June 2013, the gold world market price dipped below $1200 per ounce.Gold, Silver, and Mining Stock FAQs: Protecting And,,14-12-2020· Buying physical gold & silver, not GLD or SLV, should be the first priority in seeking shelter from the fate of the dollar, but mining stocks…. by Dave Kranzler of Investment Research Dynamics. The behavior of the mining stocks since early August is the reason why I am emphatic in recommending to never go “all in” and to keep plenty of cash on hand to take advantage of market pullbacks.