Gold in Rotten Rock
February 2004 by Edgar B. Heylmun, PhDRotten rock (saprolite) can be found in all warm, humid regions, but is best developed in humid, subtropical climates, like that found in the American South. Outwardly, it looks like bedrock, but upon closer inspection, it can be seen that roots penetrate it and that it can be worked with a shovel or hydraulic monitor.
Imagine for a minute the year is 1850. You’ve read and heard that gold was discovered in California and the creeks are so rich you can just scoop it up with your hands.
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.
Each day for the first part of the week my boys and I picked and chipped away at that wall, stockpiling dirt in 5-gallon buckets and cement mixing tubs.
• Court says ESA does not apply in some cases
• Comments needed for proposed critical habitat in several Western states
• EPA still trying to rewrite the Clean Water Act
• Enough already!
• Now is the time to act
The combination of these two concerns—the drift toward socialism and the willingness to violate law—appear to me to be capable of raising the level of civil disorder to a point where such disorders could be positive influences on the price of gold and silver.
Bolivia’s plan to nationalize its natural gas industry and exert greater state control over all of its natural resources has North American mining companies fretting over their future prospects extracting the nation’s rich resources of gold, silver and tin.
On May 29, 2001, the Siskiyou Natl. Forest (SNF) announced that they will be preparing an Environmental Impact Statement (EIS) on the effects of suction dredging, with the hope of eventually approving Plans of Operation, as required by the 1994 Northwest Forest Plan.
The Bawl Mill • Our Readers Say • Buying or Investing in Mineral Properties • The Joy of Prospecting • Company Notes • Picks & Pans: Rattlesnakes in a Gold Camp • Old-Time Mining Geology Books • Ask the Experts: Recommended Reading—Part I • The Tangential Impulse Water Wheel in California Gold Mining History—Part I • Consider Adding Gold to Your Portfolio • US Files Charges Against Gold Refiner • Gold in Australia • Restoring the Rule of Law to US Mining • Melman on Gold & Silver • Mining Stock Quotes and Mineral & Metal Prices