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Looking Back
November 1999 by Staff
Excerpts from California Mining Journal, our original title, published 50 years ago this month.Continental Drift
As soon as reasonably accurate maps were made, 200 years ago, one could not help but note the parallelism of some coastlines with those on other continents. The coastlines of Africa and South America, in particular, are strikingly similar. The first scientist to write on the subject was an Austrian, Edward Suess, who put India, Africa, and South America into a supercontinent he named “Gondwanaland.” But, it was not until Alfred Wegener, a German, came out with his “Theory of Continental Drift” in 1912, that scientists took note.
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Melman on Gold & Silver
Rapid reversals seemed to be the theme of news events during the past month. For example, while the economy generated relatively poor job growth of only 100,000 or so during March, April’s number soared to 274,000—far above expectations.
Bawl Mill
• Lukewarm consensus among scientists regarding global warming
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Sandstone Silver in Texas
Sandstone silver deposits are found at several places near Van Horn, West Texas. The region is in the Basin Range province, which is characterized by low mountain ranges separated by broad desert valleys. Most of the region receives less than 10 inches of rain per year, barely enough to support scrubby desert vegetation. Van Horn (Pop. 3,000) is 121 miles, by highway, east of El Paso.
European Gold Miners Seek Clarification Letter
Three European gold mining companies want the Bank of England to publicly state its activities in the gold and gold derivitatives markets. In a letter to the Financial Times, three small mining companies representing the majority of European gold production said since the start of the year, scores of reports about manipulation of the gold price had surfaced.
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The Bawl Mill
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