Endangered Species Act is a Mess
June 2004 by Scott HarnYou’ve likely read about some of the problems with the Endangered Species Act (ESA) in the Legislative Update section, and in previous issues of our publication. The problems never seem to end, and it is way past the time for reform. A current story highlights some of these problems.
- “Burglar” makes a clean getaway
- $12 billion per month!
Basic Geology for the Independent Miner—Part III Understanding Plate Tectonics, Volcanism and Mountain Building
The formation of gold, silver and many other types of deposits depends on a natural segregation of the elements from the earth, so that gold or silver (and other minerals) becomes enriched enough to form a valuable ore.
The most important question, of course, is when these deteriorating fundamentals (positive for the precious metals) will overcome the lengthy deterioration in the long-term trading charts for gold and silver and their associated mining shares.
Falling metal prices and rising production costs have squeezed profits in recent months, forcing many mine layoffs and putting some new mines on hold. Now, the industry is gearing up for another fight over mining reform legislation with a Congress that has fewer mining supporters after November’s elections that saw Democratic majorities increase in both houses.
Saturday came and it looked to have the makings of a dreary, misty day. Undaunted, I loaded my truck with my sluice, buckets and gear, and headed for the claim.
Judge Ochoa went so far as to call the California permit scheme “unenforceable.”
The Bawl Mill • Higher Copper Price Brings Hope, Jobs • Zeballos Gold Camp, British Columbia • Agreement Allows Pogo Mine to Resume Construction • Treasure Hawk Mine Back in Action • Oregon Dredgers Receive Threats From Environmentalists • Understanding Hard Rock Mining: Terms and Methods—Part I • Mood at Calgary Conference is Subdued, But Optomistic • Reinventing the Wheel—The Infinity-Jet • Company Notes • Placer Platinum • Here Come the MineBots • Agency Gives Initial Backing to Kensington Mine • Mining Stock Quotes and Mineral & Metal Prices • Looking Back • Melman on Gold & Silver • Brits Thwart Robbery of Gold and Cash