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The Magazine: June 2012 (Vol. 81, No. 10)
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June 2012 (Vol. 81, No. 10)

Table of Contents

The Bawl Mill
• Home, home on the range...where the deer and the non-native antelope play
• Today's math lesson: Study x 3 = Taxpayer Waste

by Scott Harn
Our Readers Say
Comments Regarding our Gold Prospecting and Mining Summit in mid-May...
"What you did for us was very special...."
"Your patience with all of us is to be commended..."
"I learned a lot and hope to be back again next year...."
by Staff
Iowa Hill District
For the last two years we’ve held a hands-on prospectors training session in the Iowa Hill district of California’s Mother Lode country as a part of our Gold Prospecting and Mining Summit event. Because of this, I thought it might be good to take a look at the history, geology and opportunities that the Iowa Hill district still offers to the individual prospector.
by Chris Ralph
Legislative and Regulatory Update
• Partial win for miners
• California suction dredging
• Feds continue to push for more public lands
• Idaho suction dredging
by Scott Harn
Gold Deposition and Gradients of Placer Streams—Part I
When placer miners from the gold rush era began experimenting with the slope of their sluices, they must have pondered the ideal slope for trapping gold in a creek bed too. Logic suggests the same is true for streams...
by Jim Halloran
Pursuing Rare Earths in Wyoming
The company that wants to build and operate the mine, Rare Element Resources Ltd., promises high-wage jobs and economic vitality to an area where 40 percent of the population is age 50 or older.
by Associated Press
The Mole
My wife Dorothy has always enjoyed tent camping. She thought she was really roughing it at established campgrounds until I convinced her to take a trip with me to drywash for gold in a remote corner of an arid desert wilderness...
by Ron Kliewer
Bigger and Better—Gold Prospecting & Mining Summit Recap
Our second year’s Summit, held over five days in mid-May, was even bigger and better than last year’s gathering. We had more vendors, more hands-on classes and a very full slate of lectures and presentations. Over 2,300 prospectors attended...
by Chris Ralph
Prospecting for Copper Ores—Part I
Copper is one of the metals that form the backbone of our modern civilization. Copper is an essential part of every computer, cell phone, automobile and household appliance.
by Chris Ralph
Repair / Replace Tax Rule Changes
In an effort to resolve the controversy over whether certain expenditures made by a mining operation or mining-related business are currently deductible as repair expenses...the Internal Revenue Service has finally released new regulations.
by Mark E. Battersby
The Wisdom of Mark Twain—And Tales of Cheating the Unwary Prospector
I (enjoy) Twain’s description of a gold mine, “A hole in the ground with a liar at the top.” Some humor here? You bet, but I’m sure he meant it to be a real eye opener as well.
by R. V. Larson
Colorado Mining Association Appeals Roadless Ruling
The Colorado Mining Association is asking the US Supreme Court to review a 2001 rule that largely barred new roads on 58 million acres of roadless areas in national forests.
by Associated Press
Ganes Creek Hits 10 Years—Part II
You keep all you find at Ganes, with weekly tallies kept for a loose competition that I find helps motivate me. I seriously try to find more nuggets than anyone else in a given week, and usually make it or close to it.
by Steve Herschbach
Fifteen and Counting
For the 15th consecutive year, ICMJ’s Prospecting and Mining Journal was recently honored as “Prospecting Magazine of the Year” by the Best O’ North East Treasure Hunters!
by Staff
Melman on Gold & Silver
Unquestionably, it was the other side of the Atlantic Ocean—that is the European side—that provided virtually all the political, economic and social fireworks during the past month.
by Leonard Melman
Mining Stock Quotes and Mineral & Metal Prices
by Staff

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