Subject

Mineral industries -- Finance Books

Best books

George Graham Rice

My Adventures with Your Money

"My Adventures with Your Money" by George Graham Rice is a memoir written in the early 20th century. It chronicles the author's experiences in the world of speculation and finance during the mining boom in Goldfield, Nevada, and beyond. Rice provides an insightful commentary on the gambling instincts of the American public, highlighting the manipulative practices of speculators and their impact on both individual investors and the market as a whole. The opening of the memoir introduces the author in March 1901, at a low point in his life, with just $7.30 to his name and unemployed after a stint as a reporter. Through a conversation with a friend, he conceives the idea for a betting information service named "Maxim & Gay." He starts with an advertisement for a supposed winning horse, which propels him into a whirlwind of success. The initial days see him earn substantial amounts through clever marketing and the allure of gambling, setting the stage for his deeper exploration of the speculative world and the consequences that accompany it.

Herbert Hoover

Principles of Mining: Valuation, Organization and Administration

"Principles of Mining: Valuation, Organization and Administration" by Herbert Hoover is a scientific publication written in the early 20th century. This work serves as a comprehensive resource focused on the principles of mining, particularly the valuation, organization, and administration of various mineral resources including copper, gold, lead, silver, tin, and zinc. It highlights both theoretical and practical elements crucial for understanding the complexities of mining enterprises. The opening of the book establishes its foundational nature through a preface that outlines its purpose and origin as a condensation of lecture series delivered at prestigious universities. Hoover emphasizes the challenge of valuing mines due to numerous speculative factors while asserting the importance of both management and geological evidence in assessing a mine's worth. The initial chapter engages the reader with the specifics of mine valuation, detailing methods for determining average metal content through sampling and assay plans, thereby laying the groundwork for an in-depth discussion of the various complexities involved in the mining industry.

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