Coeur d'Alene Mines Sees Future in Bolivia
February 2005 by Associated PressCoeur d’Alene Mines newest silver project has found a home in a historic Bolivian mining district.
The company will build a $135 million open-pit mine at the base of Cerro Rico, the “rich hill” that was the site of a 1545 silver strike.
While river dredging in fast water, don’t be afraid of being swept out of your dredge hole by the current. If this happens—and it most certainly will in fast water—there is no need to panic. Don’t try to swim against the current because you will waste much energy in an effort to conquer the river. Just let it take you downstream.
The hope was that a bit of the gold from that famous old pocket mine had worked its way down the slope of the hill and into the gravels Pat and his crew were planning to mine.
I had two of the guys go down into the creek and each one picked out a small island of bedrock. I had them detect their piece of bedrock and then gave a critique to all on how they did.
Although one of the smaller states in Australia, Victoria can lay claim to being the richest, especially in regards to large nuggets. An almost endless discovery of massive specimens highlighted the early years of gold mining here.
Our destination was some old hydraulic workings where the old miners had washed literally mountains of material away to expose gold in ancient river channels.
Some calls from subscribers and advertisers over the past few months have prompted us to remind both buyers and sellers to be wary of fraudulent activity in the prospecting and mining industry.
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• "Greenbacks" for green energy
The Bawl Mill • Shortage of Mining Engineers Projected • Ex-MarketWatch Mining Promoter Settles Charges • Carbonatites • Sage-Grouse Listing Denied • The Art of Finding Coarse Gold—Part III • Tongass Approves Kensington Mine Plan • PLP Interim Rule Raffle • California Miners Locate Rich Pocket of Specimen Gold • The Lucky Shot Mine • BC Premier Heralds "Golden Decade" in Forestry and Mining • Drywashing for Eluvial Gold in the Desert—Using a Portable Drywasher and Hand Tools • Claim Filings Up in the Northwest • Canadian Officials Foresee Little Impact From Mine • The Golden Highway—Nevada County • Melman on Gold & Silver • Mining Stock Quotes and Mineral & Metal Prices • Looking Back