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Asarco Accepts Phelps Dodge Buyout

Asarco Inc. accepted a sweetened buyout offer from Phelps Dodge Corp., setting up a three-way, $2.9 billion deal that will make Phelps Dodge the world's largest copper producer.

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The Black Diamond of the Forest


Hearty trees, shrubs and plants are a product of the soil conditions in which they grow, so it makes sense that roots near an ore deposit will take on nutrients containing metals if they are present.

Getting A Successful Start in Metal Detecting for Gold


Once you have a detector, learn how to use it and get out in the field—you can’t find anything with it in your garage.

Crandon Mine Decision Still Years Away, Says State


Nicolet Minerals expected to be mining zinc and copper from an underground quarry in Wisconsin by now. Instead, a state review of the project is only 75 percent completed after seven years, a top state regulator said.

Legislative and Regulatory Update


• States can manage their own roadless areas
• Forest lands and suction dredging

Company Notes


• Barrick Gold Corp
• Randgold Resources
• Pacific Gold Corp
• World Ventures Inc
• Acadian Gold Corp
• Phelps Dodge Corp
• Timberline Resources Corp

Gold, Quartz & Chalcedony—Part II


The specific gravity of chalcedony is 2.58 to 2.64. This is slightly lower than coarsely crystalline quartz because of slight porosity in chalcedony. Being so light, it will easily wash out of a gold pan.

Habits, Procedure, and Where Is The Gold?


In my early days of nugget hunting things were fairly simple. Just headphones, a pack, a detector and a small pick were all I needed for my search for great wealth.

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The Bawl Mill   • USPS Delays ICMJ Delivery at Oakland, CA Processing Center   • Another Gold Heist Reported at Nome   • No Need to Rewrite Mining Regs, NAS Study Confirms   • BLM Filing Requirements for Small Miners' Waiver   • Once Lonely, Mojave Desert Phone Now World's Companion   • Judge Blocks Road Protest   • Company to Sue Over Stymied Gold Mine   • No Mining / Logging on 40 Million Acres   • Catastrophism vs. Uniformitarianism   • 1st Annual Placer County Open Gold Panning Championships—1999   • Picks & Pans: The Ten-Pennyweight Nugget   • Mining in Sonora, Mexico   • Pullin' the Pin   • Land of Golden Dreams—California in the Gold Rush Decade   • Cerro Colorado Silver, Arizona   • Progressive Privy Program Proved Popular   • Melman on Gold & Silver   • Mining Stock Quotes and Mineral & Metal Prices   • Surging Gold Prices Burn a Few Unlucky Mining Firms   • Looking Back

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Legislative and Regulatory Update

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