Foreign Investment Hits More Roadblocks
October 2006 by StaffChad, Bangladesh, Peru, Kyrgyzstan and Uzbekistan are the latest in a long list of countries that have become unfavorable toward foreign-owned mining companies.
Many readers of ICMJ have asked for more information regarding the BLM’s 3809 regulation changes that were pushed through just prior to the departure of the Clinton Administration.
On my weekends off I spent many hours dredging the Second Broad River from Cane Creek Road up to the headwaters. I used a three-inch dredge with air and graduated to a five-inch with air.
Here’s what actually happened, described in the case file documents: Based on a precious metal assay certificate signed by a registered southwest assayer, the sellers, in consideration of the payment of over $53 million, transfer over 185,000 troy ounces stored in a warehouse to a company based in Norway. This document was signed and notarized in a southwest town, and was publicly distributed in 2001. Guess what?! The warehouse floor concrete may have a higher gold assay than the concentrates sitting above it valued at fifty-three million.
We had been picking away at it, but the going was mightly slow. Why not use some explosives to advance a little quicker?
President Bush has urged Congress to adopt comprehensive energy legislation, which includes drilling in the Arctic National Wildlife Refuge (ANWR).
One of the largest underground copper mines in the world officially closed mid-January, as demolition crews blasted its twin smelter stacks.
The Bawl Mill • The Plumas Eureka District • California State Gold Panning Championships • Mergers Continue at Record Pace • The Yukon-Klonkide Goldfields—Part II • The Treasure Detective—Part IV The Story of Goldstone Nuggets • Another Uranium Boom in the West • Court: Kennecott Eagle Minerals Application Complete • Remote Mining Camps of Yuma County • The Robin Redbreast Lode • Final Buckhorn Mountain Study Released • Melman on Gold & Silver