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Legislative and Regulatory Update
August 2010 by Scott Harn
• Rahall bill threatens uranium mining• California Fish & Game claims it needs more time
• Huge new tax burden on coin and bullion transactions
• Refund bill fails in Assembly Committee
Sutro Tunnel a Big Draw
The population of Sutro almost reached the same number this weekend as it did during its short-lived heyday. About 600 visitors explored the site where Adolf Sutro envisioned a bustling city.
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.
Will El Nino Move Gold for Miners and End California Drought?
I remember in the couple of years after that 1997 flood, prospectors around California did very well, taking ounces of gold from places that had not yielded any gold for years before that.
East Coast Dredger Heads West - Part II
I wandered back across the river, wading through the rapids and slipping at least three more times. I couldn’t believe how slick these rocks were! Once on the other side, I sat down for a few moments to review my plan of attack and lick my wounds.
River Dredging vs. Creek Dredging—Part II
While river dredging in fast water, don’t be afraid of being swept out of your dredge hole by the current. If this happens—and it most certainly will in fast water—there is no need to panic. Don’t try to swim against the current because you will waste much energy in an effort to conquer the river. Just let it take you downstream.
South Yuba River Recreational Area
Within 30 minutes, a nice, coarse nugget popped up right in the gold pan, and the rush was on! We worked hard for the entire day. Though some pans were not as good as others, the gold was good enough to...
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