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Gold in Iceland?
December 2001 by Edgar B. Heylmun, PhD
Normally, one does not look at volcanic islands in a search for gold. However, rich gold deposits have been found in or near volcanoes at Lihir and Misima Islands near New Guinea, so one cannot dismiss gold opportunities on volcanic islands. All of Iceland is of volcanic origin, with acidic volcanic rocks like rhyolite and granophyre being present at a few localities.Legislative and Regulatory Update
• Roadless Rule
• Eastern Oregon miners forced out of water
• Colorado city pushes for more regulations
• Kensington project moves forward
Cutbacks at S. African Mines—Britain Blamed
South African gold miners are turning their anger towards Britain, charging that the sale of 25 tons of gold by the Bank of England has depressed gold prices and put them out of work.
Judge Rules Against Dredger in Idaho Civil Case
The path to winning this case should have been to make the plaintiffs prove that a foreign substance was introduced and then discharged, which is the “trigger” for regulations under the Clean Water Act.
Hands-on at Iowa Hill
A number of crevices were still waiting to be cleaned out. A lot of the gold remaining in the pit was very fine sized, but a few small nuggets were also recovered.
Metals Trader Blows the Whistle on Gold & Silver Price Manipulation
Maguire and the traders and companies they represent were all aware of the price manipulation and were all profiting from it, but it became such a regular occurrence that his conscience told him it was time to put a stop to it. That’s when he contacted the CFTC.
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