November 2005 by StaffExcerpts from CMJ published 50 years ago this month.
A Colorado company that saw its plans for a big Montana gold mine derailed by a 1998 voter initiative says it will sue the state for hundreds of millions of dollars, to cover loss of the project.
North American mining companies are hunkering down to ride out a global economic slowdown; looking to rein in spending and perhaps delay some projects and exploration.
What it takes to move gold is turbulent, fast-moving water. Normally the water is heavy with clay and all sorts of sentiments that have been ripped up from the bed of the river or carried down from the tributaries above.
Our research indicated this whole area had been claimed by Newmont mining company for several years, but when the price of gold dropped they let the claims expire, and we confirmed this with the local BLM office.
Last year was an extreme roller coaster ride for the economy, mining companies, and precious metal prices, and 2009 looks like it’s shaping up to be another wild ride.
In order to search for placer diamonds, the prospector needs to first become familiar with the commodity that he/she is looking for. Diamonds are extraordinary minerals with extreme hardness that have inherited beauty sought for personal adornment and...
I couldn’t wait to get started. With no field budget, an assay budget of $100/year, a 1975-Ford Bronco that was a road hazard, a gas card, a topo map and full support of the director, I headed to the State Line district near Tie Siding along US Highway 287 to begin mapping kimberlite.
The Bawl Mill • The Price of Gold—Where It’s Headed and Why • Mining Companies Competing for Labor • Sam, the Tenderfoot Prospector • Placer Gold in Russia • The Rampart Goldfields, Alaska • Tales of California Gold Discoveries 3rd in a Series—Bloody Nick The Miner • Company Notes • Miners Rally Successful • Venezuela’s Chavez Halts Mining Projects • Metal-Mineral Identification Utilizing a Detector • Mining Stock Quotes and Mineral & Metal Prices • Melman on Gold & Silver • Montana Lawmakers Want Economic Review of New Mining Rule