BLM Warning About Purchase of Mining Claims on the Internet
November 2004 by Lawrence DeeIn a dramatic reversal of policy the Bureau of Land Management (BLM) has posted the following on the huge internet auction house, eBay. Mining claims are currently being offered on eBay with prices ranging into the millions of dollars and apparently the BLM is concerned that many of these claims may not have mineral values that reflect their huge asking prices, be improperly filed, or have one or more of the many other problems that can affect mining claims.
Q: Can and should you remove their poles and notice right then and there or should you wait until you have convinced them of their trespass?
Prospectors east of the Mississippi have their share of gold bearing property to explore and prospect upon. There’s plenty of undiscovered gold on the bottoms of the creeks and rivers running through the eastern gold belt.
Spanish Civil Guards heightened a battle over a $500 million treasure of gold and silver coins from a shipwreck when they seized a vessel belonging to a Tampa, Florida company.
Gary Tainter sold his herd of dairy cows two years ago to dig for gold, and so far his venture is paying off.
• “Mom” and “dad” expelled from school?
• Foxes in the henhouse
• In good company
• Taxpayers torpedoed
With conventional financing still difficult to obtain, it is little wonder that “self-financing” is the number one form of financing used by small business owners, miners and prospectors.
Excerpts from California Mining Journal, our original title, published 50 years ago this month.
The Bawl Mill • Editorial: Montana's Controversial Rock Creek Mine • First Load of Concentrate Leaves Reopened Ruth Mine • Uranium Industry Enjoys Rebound as Prices Nearly Triple • Determining the Amount of Gold in a Quartz Specimen • Placer PGMs in Coon Creek, California • Getting Your Float Circuit Layout Right • Pick Up Austria's New Coin—If You Can Lift It • New Prospecting Guides Available Online • Police Extend Detention of Newmont Executives • Picks & Pans—Drywashing and Detecting in Southern California • Over The Divide—Merwin (Merv) H. Hemp • The Boludo Placers, Sonora • The Golden Highway—Placer County • Northwest Miners Rally a Success • Mine Threat Just a Stunt to Criticize Land Laws • MINExpo 2004 Convention Report • Looking Back • Melman on Gold & Silver • Mining Stock Quotes and Mineral & Metal Prices