Gold Coin Sales Boosted by Low Prices
September 1999 by Andy MaslowskiDuring the past decade, gold prices have been on a serious roller coaster ride. This year, the ride has taken a turn for the worse—straight down hill. Members of the precious metals mining industry have been hanging on as tight as they can.
• Some positives in spending bill
• Judge puts brakes on the EPA in Alaska
• Judge to rule in favor of suction gold dredgers
I regularly get inquiries along the line of: “Hey, I found this rock, and I think it might be gold ore. How can I tell?” Prospectors are always on the lookout for gold-bearing rocks that may be the source of any nearby placer gold.
About 10 years ago the Forest Service told a miner that he could not stay on his claim for more than 14 days in a row. I told the miner that he could stay as long as he wants, providing he was mining.
In this trip, Riley came along with Jay, and Harold came down later. We brought a six-inch dredge down to the creek. We had hoped to use it, but we didn’t.
• Homestake Mining Company
• Newmont Mining Corporation
• Azco Mining Inc.
• Sterling Mining Co.
• Comico Ltd.
• Vista Gold
• JAB International
The Resolution copper mine is near Superior, Arizona (population 3,500), along the west side of the Pinal Mountains in central Arizona, 64 miles east of downtown Phoenix. The region receives about 16 inches of rain per year, enough to support chaparral vegetation.
The Bawl Mill • Over the Divide • Our Readers Say • Feds Eye Restrictions on AZ Archaeological Sites • IMF Reconsidering Gold Sales to Finance Debt • Governors Focus on Aid for Laid-off Miners • Nevada Counties, Towns Get Forest Service Grants • Labor Dept. Approves Aid to Laid-off Nevada Miners • Company Notes • ISEE Celebrates 25 Years • Picks & Pans: Basic Dry Washing Operations in Gold Placer Mining • Washington Miner Wins Poetry Contest • The Klamath Mountains • Silver Posts Best Price in 11 Years—Strong Investment Interest and Steady Demand Cited • Platinum—Group Metals • Historic Mining at Mount Diablo, CA • Gold in the Drum Mountains • Melman on Gold & Silver • Mining Stock Quotes and Mineral & Metal Prices • Looking Back