Gold Pour Signals Revival in the Mother Lode
January 2013 by Associated PressMiners are digging again where their forebears once unearthed riches from eight historic mines that honeycomb Sutter Gold Mining Company’s holdings about 50 miles southeast of Sacramento.
The $800 million project will provide 300 jobs during production. It will be the only US mine where nickel is the primary targeted mineral, with about 360 million pounds to be extracted.
When I’m traveling through the West, I sometimes take detours that lead me to places that I never knew exist
The burning question I needed answered was why didn’t the deposit ever get mined of at least one of the valuable minerals? A couple of reasons have come to light.
After paying for the mine fleet, mill capital, supplies, fuel, power and labor, at today’s metal prices, does this mine make a profit?
Knowing how and when to deduct the cost and expenses of the vehicles used in the prospecting or mining operation can have significant tax implications.
The mine will be open for public tours Saturday and Sunday afternoons beginning August 24, lasting into the fall and winter as weather permits.
- NEPA comments due
- Update on latest US Supreme Court suction gold dredging appeal
- Washington State tries to restrict suction gold dredging
The Bawl Mill • From the Editor • Ask the Experts • Iron Minerals, Your Detector and Gold • The Robinson Mine—Big Things Happen Here • Forty-Six Nuggets • Customizing Your Dredge • Small Miner Beats Forest Service in Court • Using Vegetation and Soil Conditions as Prospecting Aids • Prospecting for Diamonds • Green Valley Reconnaissance • Melman on Gold & Silver • Mining Stock Quotes and Mineral & Metal Prices