You write: "Apart from their macroeconomic disadvantages, gold standards are also expensive; Milton Friedman estimated the cost of mining the gold to maintain a gold standard for the United States in 1960 at 2.5 percent of GDP ($442 billion in today's terms)."
1 History. The Company completed the purchase of Minera Seafiled SAS from RMB Australia Holdings Limited (RMB) on 20 June 2016. Minera Seafield, now Miraflores Compania Minera SAS (MCM) owns 100% of the Quinchia Gold Project ("Quinchia Portfolio") in Colombia where a NI 43-101 mineral resource of 2.8 million ounces of gold had been estimated.
Ajo, in western Pima County 125 miles west of Tucson, has one of Arizona's best-known porphyry copper deposits. It enticed small mining operations by the San Francisco syndicate known as the American Mining and Trading Co. as early as the mid-19th century, though its silver chlorides on the surface were originally discovered by Spanish ...
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