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Letter to the Editor—From Mike Miller, President, Original Sixteen to One Mine
March 2000
"Original Sixteen to One Mine, Inc., has emerged from a deep dark abyss created by an agency's bias interpretation of the law. We have made it known that those who make, pass and/or reject the law have generated travesties against our hard working underground gold miners."Melman on Gold & Silver
If there was ever a month for the financial markets to rejoice, the one just past would appear to have been ideal. Oil prices declined sharply...the Fed revved up the economy by smashing short-term interest rates to their lowest levels since World War II...and, perhaps most important of all, the Republican Party now has possession of a clean sweep of American political power, controlling the Presidency, Senate and House while Conservatives dominate the Supreme Court.
Legislative and Regulatory Update
• Bush Proposes Cooperation in Land Conservation
• Federal Government Shuts Down Recreational Mining in Idaho
• Forest Service Considers Grassland Comments in Wyoming, Nebraska, North and South Dakota
PLP Update
I want to stress that this is just the first step to fixing many of the regulatory issues we identified in discussions with the current administration. There will be plenty more to come.
The Ancient History of Gold
Man was aware of the presence of gold over 7,000 years ago, and it probably did not take him long to find out that gold was malleable and resistant to corrosion. He no doubt learned, at an early date, that objects could be fashioned from gold.
Nevada Regulators Reach Agreement With Queenstake Resources
Environmental regulators ordered Jerritt Canyon Mine near the Nevada-Idaho line closed on May 30 for failure to install equipment to control mercury air emissions. Yukon-Nevada blamed the failure on needed parts that didn’t arrive in time.
Nevada Claim Holders Form Coalition
Unlike producing mines, exploration companies and claim holders owning non-producing claims are not reaping a windfall of increased profits from the recent high prices for precious metals and other raw materials.
Mining Stock Quotes and Mineral & Metal Prices
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The Bawl Mill
• Group Sues Feds Over New Nat'l Monuments
• Tribe Joins Idaho in Roadless Suit
• 10,000 Shovels Back Protest
• U.S. Dept. of Interior Inspectors in Arizona
• Wyoming Tops in Royalties
• Sunnyside, Arizona
• Evaluating a Placer Discovery
• Company Notes
• Treasures for Sale
• "Gold" Coin Debuts
• Picks & Pans: Prospecting at Mills Creek, Alaska
• Delamar District, Nevada
• Millie's Tailings
• Adventure at the 420 Level
• Looking Back
• Melman on Gold & Silver
• Mining Stock Quotes and Mineral & Metal Prices