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Company Notes
March 2002 by Staff
• NovaGold Resources Inc.• Canyon Resources Corp.
• TVX Gold Inc.
• Silver Standard Resources Inc.
Melman on Gold & Silver
Yet another term has entered the lexicon of investment analysis and that term is “Fallen Angels.” No, we are not referring to religious icons or celestial bodies. Rather, the investment community has dubbed the debt instruments of once-prosperous companies that have now fallen on hard times with that moniker.
The Eagle and High Peak Mines of Julian, California
At an altitude of over 4,000 feet, in the mountainous terrain of eastern San Diego County, lies the once productive Julian Mining District. Beginning with placer prospecting in 1869, this area moved rapidly into underground quartz or vein mining for gold.
The Gold Hill and Iowa Mine, Boise County, Idaho: 1863-1895
In August 1862, prospectors from Walla Walla, Washington, led by George Grimes, discovered gold near the present townsite of Pioneer City. Grimes was killed by Indians shortly after the discovery. The remaining argonauts retreated to Walla Walla. On October 10, 1862, 52 men returned to Grimes Creek. They built a fort and several cabins before continuing their quest for gold.
Legislative and Regulatory Update
- Massive 660-page lands bill passed in the Senate
The Keystone Gold-Copper District, Medicine Bow Mountains, Southeastern Wyoming
The Keystone district includes a group of mineralized shear zones and veins that are associated with the Keystone Quartz Diorite in the Medicine Bow Mountains of southwestern Wyoming. Gold production from this district is unknown, although some estimates suggest that 7,500 to more than 12,000 ounces were produced.
Study Confirms Mercury Levels Safe in California's Gold Country
While the Water Board documented the selenium levels in fish and noted they exceed the levels of mercury, they have yet to acknowledge the numerous scientific studies that show selenium effectively neutralizes the effects of mercury.
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The Bawl Mill
• Our Readers Say
• Greens Force Strategic Mine Out of Business
• Silver Strike in Happy Camp, California
• Gold in New Hampshire
• Fabled 1933 Gold Coin Up For Sale
• The Douglas Creek Placer District, Medicine Bow Mountains, Southeastern Wyoming
• Picks & Pans: The California State Nugget
• Aerial Photos
• Mojave Desert Placer Mining
• Mining Camp Adventures—The Collinsville-Twin Creek Goldfields
• Monetary Freedom and Accountability Act
• North Korea Seeks Outside Help to Modernize Mining
• Aussie Gold—A Look at Tasmania
• Looking Back
• Melman on Gold & Silver
• Mining Stock Quotes and Mineral & Metal Prices
