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Gold in the Philippines
October 2003 by Edgar B. Heylmun, PhD
The Philippine archipelago, with over 7,000 islands that stretch for 1,100 miles north-south, was settled by Malaysians several thousand years ago. Ferdinand Magellan landed and was killed there in 1521. Spaniards took over the islands in 1571, and founded Manila, which is located on a large natural harbor. After the Spanish-American war in 1898, the United States took over the Philippines, and found itself in a brutal 6-year war before gaining control of all of the islands.Writing It All Off After The Tax Cuts and Jobs Act
While many prospecting or mining operations don’t have sufficient profits to benefit from accelerated write-offs or even the full 100% “bonus” depreciation write-off, other options can be equally rewarding.
California's Original Sixteen to One Mine
The Sixteen to One mine is located in the little town of Alleghany, 40 miles from Nevada City, in Northern California. It has less than sixty residents. The town sits at an altitude of 4,500 feet. In 1885, the town was named by a group of miners...
Throw-Away Gold: Back to Basics
Placer mining, whether for profit or recreational purposes, involves separation of free gold from the gold-bearing sands (gangue) of alluvial deposits by methods using specific gravity. The free gold can vary from 17 to 19.3 in specific gravity terms, depending on the alloy mix, which is usually silver, but can be copper, lead, sulfur, tellurium, antimony, or mercury.
The Bawl Mill
• Great at escaping, not so good at evading...
• Free firearms training classes...for teachers
Legislative and Regulatory Update
• Clean Water Act rule change proposed
• DOJ files motion against Oregon miners
• Off-road access case to be reviewed by Supreme Court
• Resources Coalition hard at work
• Leavitt takes helm of EPA
Gold Garbage: Scams New & Old
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.
Legislative and Regulatory Update
• BLM claim fees rise
• Critical minerals bill
• Sage-grouse habitat
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The Bawl Mill
• A Guide to Overlooked Gold Deposits—Part II
• Brighter Days Ahead Reports Nevada Mining Association
• Waldo Miners File Suit
• Roll-Front Uranium Deposits
• Deadly Storms May Expose Gems in Sri Lanka
• Picks & Pans: Dredging and Detecting in Sierra City
• Hidden Features in Venezuela
• Dredging for Monazite in Idaho
• 2003 California State Gold Panning Championships
• Judge Holds Companies Liable for Some Damage
• The Golden Highway—Tuolumne County
• Looking Back
• Melman on Gold & Silver
• Mining Stock Quotes and Mineral & Metal Prices
