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Looking Back
May 2005 by Scott Harn
Excerpts from California Mining Journal, our original title, published 50 years ago this month.Copper Price Keeps Canadian Miners Busy
The Canadian copper industry is benefiting from the current high metal prices, and exploration activity should remain high over the coming year as new mines are developed and continuous improvement programs increase efficiencies at existing operations.
Desert Bonanza
If you think all the vein gold near the surface has been dug up—think again! A weekend prospector recently came into the lab with a shoe-box full of samples that were from ten to fifty percent native crystalline gold on dirty white quartz.
PLP Members Win Occupancy Case—Appeals Continue
Public Lands for the People (PLP) members Ron Lex and his mining partner Ken Waggener of Etna, California, were cited for occupying their mining claim in Klamath National Forest for more than 14 days. The section cited was Code of Federal Regulations (CFR) 261.10(b). This CFR states that a special use authorization must be obtained for occupying a claim on National Forest land for more than 14 days. In some forests the time is 30 days.
Melman on Gold & Silver
It’s amazing how a few pictures could place an entire Presidential Administration on the defensive, yet that is exactly what has happened during the past month with the publication of the photos out of Iraq, which presumably show American soldiers engaging in acts of torture, humiliation and ridicule inflicted on their Iraqi prisoners.
EPA Reopens Comments on Pebble Project
The settlement did not grant an immediate approval for the project, but it did begin to clear the way for the company to apply for federal permits—a path the Obama administration previously had thwarted.
Company Notes
• Homestake Mining Company
• Cominco American Inc.
• Agnico-Eagle Mines Ltd.
Melman on Gold & Silver
It is my belief that these trends toward rising budgetary and trade deficits, escalating monetary creation and interest rates that are being held at artificially low levels will continue and I believe that further US Dollar weakness has now been built into the system.
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