California Suction Dredging Update
August 2009 by Scott HarnThere are two separate issues threatening suction dredging in California.
• Hotline turns up the heat
• Mad Men arrested for living up to their name
A state funding agency has given the initial OK to financing $20 million in debt to move the Kensington gold project near Juneau toward becoming a working mine.
• Reopening closed areas
New exploration on land that was scoured for gold years ago near Livengood indicates the property could be developed into a mine on a scale similar to the Fort Knox Mine, according to a Colorado-based company.
Worried that the US dollar may not be good as gold, some Colorado lawmakers are pushing a bill to legalize gold and silver coins as usable currency.
Canyon Resources Corporation recently offered to let environmental groups buy the mineral rights under nearly a million acres of land in western Montana.
The Bawl Mill • Legislative and Regulatory Update • Finding Gold With Copper and Turquoise • GM to Cancel Mining Contracts • Newmont Fined for Fatality • The Memorial Day Nugget • East Coast Prospecting Challenges • Saving Money on Mining Gadgets • BLM Increases Location & Maintenance Fees • Rio Tinto: Allegations Without Foundation • National Mining Hall of Fame to Induct Five • Melman on Gold & Silver • Mining Stock Quotes and Mineral & Metal Prices