European Gold Miners Seek Clarification Letter
December 1999 by Associated PressThree European gold mining companies want the Bank of England to publicly state its activities in the gold and gold derivitatives markets. In a letter to the Financial Times, three small mining companies representing the majority of European gold production said since the start of the year, scores of reports about manipulation of the gold price had surfaced.
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.
Rocky Bar sits on the north slope of Horse Ranch Mountain, and while the most productive placers were found in Bear Creek below Rocky Bar, most of the creeks on the south, east and north sides of the mountain contain placer gold and were worked commercially in the past.
Excerpts from California Mining Journal, our original title, published 50 years ago this month.
Elon Musk, co-founder of PayPal, has begun production of a fully-electric car at his new company, Tesla Motors. Though the first vehicles to roll off the production line were manufactured in the United Kingdom, the company just announced that the...
New theories have been developed and they may lead to new discoveries and give prospectors some new insight on where to look for diamonds.
We asked several writers and professionals to recommend their favorite books or publications that they thought would benefit prospectors and miners. Each recommendation is followed by a rating of beginner, intermediate, or advanced prospector or miner, or a rating of “general” (for all levels).
• Hearing date moved up for preliminary injunction for California suction dredging
• Anti-mining bills in Oregon lead to recall effort
The Bawl Mill • Over the Divide • Our Readers Say • Desert Phone Trashed • ICMJ Elected Prospecting Magazine of 1999 • Advertising Manager Leaving ICMJ • Guest Editorial—California "Special" Dredge Permits in Jeopardy • The Search Continues • Guest Editorial: U.S. Government—Like Nobody's Business • Circulation and Collections Manager Leaving ICMJ • Company Notes • House Chair Requests Records on Forest Decision • BLM Wants to Withdraw South Pass Public Land • Silverton Preserving Lofty Symbol of Mining Era • Hijackers Make Off With 660 Pounds of Gold • Prospecting With a Magnetometer • 1999 Tables of Content • Lighting the Way Underground 1860-1940s • Millie's Tailings • Picks & Pans: Crevicing & Sniping for Placer Gold • Looking Back • Gold in Sonora • Forest Service Boss Quits in Bull Trout Flap • Melman on Gold & Silver • Mining Stock Quotes and Mineral & Metal Prices • Squeezing Diamond Into Graphite