$100 Million Lost on Faulty ESA Listing
March 2005 by Associated PressThe Preble’s meadow jumping mouse, once seen as a costly impediment to development, is now viewed by the government as a critter that never really existed—and is no longer in need of federal protection under the Endangered Species Act.
Not too far from the pine-filled mountains, a young boy was exploring along Meadow Creek in Cabarrus County, North Carolina, one fine day in 1799. He discovered a beautiful rock that he took home and put to good use as a doorstop. Shortly thereafter, a jeweler stopped by to visit his folks, and as it turned out, the new doorstop was actually a 17-pound gold nugget. That nugget truly did open a door as it marked the beginning of the first gold rush in America.
If you do the math, it equates to about $1,500 of heavy metal value per three-hour dive. This is good wages, and you are doing a service to the environment by removing this toxic metal.
What today appears to be a “road to nowhere” was once a road to somewhere. At today’s precious metal prices that somewhere can be of great importance to you.
The first thing a person should do is seriously consider whether they want to go mining as a hobby or a business, and the tax implications of the choice.
Prospectors typically stumble upon diamonds while searching for other minerals.
This past month was one that saw the emergence of a series of problems capable of inflicting true and serious damage to the world’s well being on a scale we have not witnessed since the late 1970s.
- Residents put on hold for frogs
- I’d like to buy a vowel please…
The Bawl Mill • Geologists Locate Giant Gemstones • Miner Wins Important Victory Against Forest Service • Philippines Asks Foreigners to Invest in Mining • The Art of Finding Coarse Gold Part IV—Recovery of Coarse Gold From Alluvial Placers • Healthy Interest at Recent Vancouver Conferences • Idaho Silver Miners Come to Aid of Tsunami Victims • Picks & Pans: In Search of a Vein: Looking for Hardrock in the Talkeetna Mountains • Researchers Trace History of Hope Diamond • The "Rip-Roaring" Flood That Washed Out Mazuma, Nevada • Looking Back • Resolution Copper Mine, Arizona • Company Notes • China Ups Investment in Foreign Minerals • Melman on Gold & Silver • Mining Stock Quotes and Mineral & Metal Prices