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.
Perhaps the most notable thing about skim placers is that they form on the top surface of gravel bars, as opposed to coarser gold placers where the weight of the gold particles allows the gold to settle down on or near bedrock.
In these types of cases I tend to listen to what my metal detector is telling me. The machine was very quiet, suggesting my initial impressions were right about the ground make up.
Thom Calandra, well known for promoting mining companies and precious metals through CBSMarketWatch.com for the past several years, will pay over $540,000 to settle charges he used his investment newsletter to profit from stocks that he owned.
The Montezuma mining district of Summit County, Colorado, is a rugged, structurally complex area of the Rocky Mountains. Home to the first silver claim in Colorado, the Montezuma district hosts stockwork gold deposits, disseminated molybdenum, and abundant silver-bismuth veins.
It's not THE Hope Diamond, but a half-carat yellow gem worth up to $700 will fit that bill for an elementary school student from, where else, Hope.
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