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Eight Reasons To Release Oil From The Strategic Petroleum Reserve
August 2008 by Daniel J. Weiss
President George W. Bush lifted the executive moratorium on oil drilling in the Outer Continental Shelf (OCS), which was first established by his father, President George H.W. Bush, in 1990. The current president has argued that the United States should be “drilling for more oil here in America to take the pressure off of gasoline prices.”Prospector Unearths Huge 'Duck’s Foot' Nugget
A retired gold prospector spent hours digging up his fortune in the northern goldfields near Kambalda, Western Australia, after finding the target with his metal detector.
Accident at Robinson Mine Leaves Two Dead
“We are saddened by the loss of two Washington Group employees and our thoughts at this time are with their families,” said Bill Myckatyn, CEO of Quadra Mining.
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Picks & Pans: Mining Tungsten Ore—A Case History
In 1977, when the price of tungsten hit one of its highs, three of us formed U.S. Western Mines to look for scheelite, the mineral ore of tungsten. Union Carbide Corporation was purchasing raw tungsten ore at...
Prospecting Underground: Use Caution
In underground placer work, the contact point of the bedrock tunnel and the gravel is a very weak point and always has to be timbered. The bedrock here is thin, fractured, and the gravels loose from many years of oxidizing.
The Treasure Detective—Part IV The Story of Goldstone Nuggets
A treasure detective, like any detective, is looking for a clue from which he can develop information to solve a mystery. Who? Why? When? The detective sniffs out a trail that will lead eventually to some undiscovered cache of coins...
Melman on Gold & Silver
No single factor has been as important in the control of inflationary pressures over the past few years as the decline in commodity prices. As long as the cost of raw materials was declining, industry was able to produce goods with minimal increases in price.
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