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Asarco Accepts Phelps Dodge Buyout
November 1999 by Associated Press
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.The Coolgardie Gold Mining Camp of Southern California
The area was mined intermittently from around 1900 to 1915, but was also mined in the late 1800s, with a total output valued at about $100,000, which is around $9.5 million at the current gold price.
Melman on Gold & Silver
First, in order to compensate for the diminishment of purchasing power that usually accompanies rising inflation, investors normally have demanded higher interest rates on their investment assets. This was particularly true in the 1977-81 era when inflation soared to almost 20% and interest rates rose to roughly the same level.
Oregon Dredge Permit Litigation Update
In other words, just like those that move next to an airport and then complain about the noise, Mr. Riskedahl deliberately went out of his way to “witness and document the effects of suction dredge mining,” and when he found some, he was annoyed by it!
Looking Back
Excerpts from California Mining Journal, our original title, published 50 years ago this month.
Four Miners Die in Mine Accidents in Ukraine
Four miners were killed in eastern Ukraine in two separate accidents during one week in May in the country's troubled mines, emergency officials said.
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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