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.
Two years after California's major gold discovery, another find was made in Ballarat, Australia. The news of the discovery went world-wide, and many of the California prospectors had heard plenty about Australian gold—especially the 2,284-ounce nugget found there.
For years I had studied the tempting bench high above the East Fork of the San Gabriel River. A beautiful 20-foot vertical wall of encrusted boulders, cobbles and gravels beckoned to me 100 to 150 yards up a steep slope from the river bed. They were all very promising material. The kind of rounded curves that can charm so well, and tease a grown man into risking life and limb. So, on that nearly fatal day in May, I packed a spiral wheel...
In 1997, I had been working a hard rock claim in Lone Valley, Nevada with two partners. It was a small seam about one to two inches wide that had free gold up to 9 ounces per ton.
I used to hunt and fish all the time. Since discovering nugget-shooting three years ago, I haven't wet a hook or even looked at a hunting proclamation.
I am going to break bedrock down a bit and explain my view of the varying scenarios I come across in the field.
On Labor Day weekend, September 1st and 2nd, two days of furious, almost non-stop panning went on.
One hundred eighty-one gold panners flocked into the old mining town of Foresthill on Memorial Day weekend, all with the objective of proving just how good they were. This was the Wild West all over again, and the shootout at OK Corral was nothing compared to the smoke and fire these contestants put up to determine who was the best of the best—and the best were there to compete, too.
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