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Agency Gives Initial Backing to Kensington Mine

A state funding agency has given the initial OK to financing $20 million in debt to move the Kensington gold project near Juneau toward becoming a working mine.

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Legislative and Regulatory Update


• Inter-department letter, Forest Supervisor to Regional Forester seeks assistance in segregating a significant area of the San Bernardino National Forest from mineral entry.
• Conservation and Reinvestment Act (CARA) stopped in Senate Energy and Natural Resources Committee
• Forest Service meetings on Roadless Initiative have ended and the comment period closed December 20, but we have been advised that the public will have another opportunity for input.
• On November 8, the BLM held a hearing in Placerville, California, regarding withdrawal of 3,368.85 acres of public land along the South Fork of the American River.

Gold in Panama


Panama is a long, narrow isthmus, 30,200 square miles in area, that separates Costa Rica from Colombia. It is best noted for the Panama Canal, which is now under the control of the Panamanian government, aided by the United States. The canal bisects the country and is an engineering marvel that was opened in 1914.

Melman on Gold & Silver


While most precious metals observers tend to pay more attention to action in the gold market as opposed to silver, there are times when the white metal can give us particularly sharp price targets going forward.

Mining Stock Quotes and Mineral & Metal Prices


The Goodnews Bay Platinum Fields


“But first and foremost you have to have the geology. With respect to the geology, the Goodnews Bay placers, which actually were won from the Salmon River drainage and its tributaries, produced on the order of 650,000 ounces,” Foley says.

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BLM Wants to Withdraw South Pass Public Land


The Bureau of Land Management is proposing to close off nearly 5,000 acres of public land on South Pass for the next two years while a plan is developed for designating portions of Sweetwater River as wild and scenic.

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The Bawl Mill   • Higher Copper Price Brings Hope, Jobs   • Zeballos Gold Camp, British Columbia   • Agreement Allows Pogo Mine to Resume Construction   • Treasure Hawk Mine Back in Action   • Oregon Dredgers Receive Threats From Environmentalists   • Understanding Hard Rock Mining: Terms and Methods—Part I   • Mood at Calgary Conference is Subdued, But Optomistic   • Reinventing the Wheel—The Infinity-Jet   • Company Notes   • Endangered Species Act is a Mess   • Placer Platinum   • Here Come the MineBots   • Mining Stock Quotes and Mineral & Metal Prices   • Looking Back   • Melman on Gold & Silver   • Brits Thwart Robbery of Gold and Cash

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Legislative and Regulatory Update

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