Higher Copper Price Brings Hope, Jobs
June 2004 by Associated PressBuoyed by higher copper prices, Chino Mines is reopening its ore concentrator and hiring workers.
Mining restrictions will be lifted on about 1 million acres of federal land in southwest Alaska, officials have announced.
• Can I get advice on a hard rock property in Calaveras County, California?
Two potentially important Canadian projects, which could have produced revenues in the billions and jobs in the tens of thousands, have now been officially abandoned and the reasons offered by both relate to the economic impossibility of successfully negotiating all the regulatory obstacles that have been presented.
In June 1997, a story I wrote was printed in the Journal titled, “His Name Was John.” Occasionally Grandfather John jotted down notes about his life in America and in the mines. He planned to give these mementos to his sons. The only time he wrote home was to let his wife know when he was booking a trip back to Italy. He sent whatever money he could from his pay in the Argonaut and Kennedy mines in Jackson, California. Mailing letters was expensive, as was everything else.
According to some experts, after the peak is reached, the production rate will slowly decline until it reaches near zero while the price shoots upward. At that point, we will have pretty much mined all the economic ore deposits that are present on the planet.
I have a slight mental disorder. It causes frequent lapses in common sense, good judgment and bouts of high fever—gold fever.
The Bawl Mill • Zeballos Gold Camp, British Columbia • Agreement Allows Pogo Mine to Resume Construction • Treasure Hawk Mine Back in Action • Oregon Dredgers Receive Threats From Environmentalists • Understanding Hard Rock Mining: Terms and Methods—Part I • Mood at Calgary Conference is Subdued, But Optomistic • Reinventing the Wheel—The Infinity-Jet • Company Notes • Endangered Species Act is a Mess • Placer Platinum • Here Come the MineBots • Agency Gives Initial Backing to Kensington Mine • Mining Stock Quotes and Mineral & Metal Prices • Looking Back • Melman on Gold & Silver • Brits Thwart Robbery of Gold and Cash