Mercuryville, California become a ghost town. One of the last remaining large mine buildings was burned in wildfires in the mid-1970s, although some concrete structures and metalwork from the mines remain. Mercuryville, California Mercuryville, California is a ghost town in the Mayacamas Mountains along The Geysers road. Mercuryville was founded in 1874, after cinnabar, a mercury bearing ore, was discovered in eastern Sonoma County around 1870. Mercury is a dense liquid metal that can be used to separate gold from other less dense materials and the California Gold Rush, which had begun only 20 years earlier, increased the demand and price of
Iron ore largest steel producing country. It is also the largest importer, buying 52% of the seaborne trade in iron ore in 2004. China is followed by Japan and Korea, which consume a significant amount of raw iron ore and metallurgical coal. In 2006, China produced 588 million tons of iron ore, with an annual growth of 38%. Over the last 40 years, iron ore prices have been decided in closed-door negotiations between the small handful of miners and steelmakers which dominate both spot and contract markets. Traditionally, the first deal reached between these two groups sets a "benchmark" to be followed