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ICMJ Newsletter Vol. 1, No. 3

July 13, 2010
ICMJ Newsletter - Vol. 1, No. 3


The July issue has been printed and is on its way to subscribers. Many of you may have already received it. A few important items of interest came to light after the issue was printed and I wanted to pass that information on to you, our readers.


Nick Rahall is at it again
(ICMJ's Prospecting and Mining Journal)
Representative Nick Rahall (D-West Virginia) is at it again. This time he is going after the uranium industry.

California Fish & Game claims they need more time to complete new EIR on suction dredging; refund bill fails in Assembly committee
(ICMJ's Prospecting and Mining Journal)
It's no mystery where Stopher's allegiance lies -- he was previously a habitat conservation program manager prior to becoming the interim director of Fish & Game.

Comments needed on California Water Board proposal to limit Total Maximum Daily Loads (TMDLs) on the Klamath River
(ICMJ's Prospecting and Mining Journal)
In our May 2010 issue we reported on the California Water Board's attempt to restrict suction gold dredging by prescribing Total Maximum Daily Load (TMDL) limits for the Klamath River. The comment period closes on July 21, 2010, by 12 noon. Please take a few minutes to address the problems associated with the proposed limits.


Secret gold swap has spooked the market
...when it emerged last week that one or more banks had lent 380 tonnes of gold to the Bank of International Settlements in return for foreign currencies, there was widespread surprise and confusion

Effective Jan 1, 2012, businesses selling precious metals in excess of $600 will be required to send a 1099 form to the IRS
The responsibility for issuing forms kicks in at $600 for coins or bullion -- not a very high level and one that has already started sounding alarm bells.

May 2010 Cover

July 2010 Issue


ICMJ's Prospecting and Mining Journal
PO Box 2260
Aptos, CA 95001
(831 479-1500

Published Monthly Since 1931