As Millennium Nears, Copper No Longer King in Arizona
May 1999 by Associated PressAt the start of the 20th century, copper was king in Arizona, with one of every four workers employed in the mining trade. On the brink of a new millennium, however, the industry is no longer the cornerstone of the state's so-called "Five Cs" economy—copper, cattle, cotton, citrus and climate.
Diamond exploration in Canada has led to a major new industry that did not exist prior to six years ago. Yet today, Canada ranks as one of the world’s leading producers of gem-quality diamonds.
This was not a month for the weak-hearted. During the past thirty days, we have had an explosive intensification of the Middle East conflict, threats of OPEC using the “Oil Weapon” once again, a growing chain of events flowing out of the Enron collapse and...
Floods and landslides that struck Sri Lanka several months ago, killing 266 people, may bring a windfall for miners. The movement of tons of soil and rock is believed to have unearthed new gems according to local industry workers.
“It is with great sadness that after more than 30 years in business in Pasedena, Cal-Gold will close its doors,”
• Thieves bag a golden frog in museum heist...or do they?
• Aquarium workers ate protected sea turtle...
• Woman entitled to sue over being called "Monica Lewinsky"
• An Affair to Remember...
In 1717, Sir Isaac Newton, Master of the British Mint, established a fixed price for gold that was equivalent to around US$20.00 per ounce. This price was for bullion gold, refined to a purity of twenty-two karats (.917 fine).
The truth is that cemented gravels are really not all that complex. There is no mystery of how gold grew there or somehow wormed its way into these solid gravels.
The Bawl Mill • Mining Law—A Short History • Industry Urges Restraint on Mining Reforms • Environmentalists Back FS on Mining Withdrawl • Our Readers Say • Open Letter to the BLM • Huge Nugget To Be Auctioned • Platinum Group Metals • Company Notes • Gold at Mercury Mines • The Lovitt Mine • Picks & Pans: "Eye-Balling" for Alaskan Gold • Melman on Gold & Silver • Mining Stock Quotes and Mineral & Metal Prices • Looking Back • Oil and Gas in Washington