Legislative and Regulatory Update
August 2008 by Scott HarnAs mentioned in last month’s column, California Assemblywoman Lois Wolk attached a rider to the pending budget bill. The rider calls for a new study (Environmental Impact Report) on the effects of suction gold dredging, funding for the study, and a two-year moratorium on suction dredging while the study is being completed.
Wolk’s last attempt to put an end to suction dredging was vetoed by Governor Schwarzenegger after several thousand dredgers sent in comment letters, so she is trying another route.
Jerry Hobbs, president of Public Lands for the People, provided us a copy of the letter his organization sent to Governor Schwarzenegger to encourage another veto. Please take a moment to send your own constructive comments to the governor’s office.
My father recalled fondly his early years of flying his Super Cub into the Preacher Creek watershed in search of game and gold, landing on wind blown ridges traversed by the giant Porcupine caribou herd that frequented the area.
A small group of investors led by retired businessman Ray Bohn is trying to revive a remote Idaho gold mine shut down since 1942.
Our destination was some old hydraulic workings where the old miners had washed literally mountains of material away to expose gold in ancient river channels.
"I will go to America and reap my fortune, and when I come back to this God-forsaken town, people will treat me with respect and take their hats off to me even if you don't believe what I am saying." His wife lowered her head. She had heard all of this before...
An exploration project at the Troy Mine Complex in northwest Montana could extend the projected six or seven year life of the mine by another 5 to 10 years, officials with Revett Minerals say.
The Bawl Mill • Ask The Experts—What questions should I ask before investing in a gold mine? • Ask The Experts—Should I choose gold, silver or mining stocks? • From the Editor • Eight Reasons To Release Oil From The Strategic Petroleum Reserve • No Leprechaun Needed • Building A Mine—Dust Devil Sunstones • Remote Throttle Benefits Dredgers • Pickering Bar Revisited • John Fremont and the Gold Mines of Las Mariposas • The Pay Streak: Redefined With Metal Detectors • No Gas Needed • Melman on Gold & Silver • Mining Stock Quotes and Mineral & Metal Prices