Mergers Continue at Record Pace
October 2006 by StaffMergers and acquisitions continue at a record pace in 2006 as companies attempt to replace dwindling reserves. Mining companies find that it is more expedient to purchase additional reserves by acquisition than to spend time and money for exploration and startup, even more so when their stock prices are much higher as compared to recent years.
Winter is the time for research, and if you haven’t already done some research to find new places to prospect, now is the time to cram in some last minute research before the good weather arrives.
I am going to suggest dozens of ways you can increase suction power, dredge to greater depths, and improve recovery methods in your sluice box.
In some places valuable ores can be found within the waste material of mine dumps, sorted ore piles, and detrital vein matter at the surface. Though many of these old mine sites can be an excellent source of gold, not all are created equal.
By the time you receive this issue of ICMJ, the November election will be only a few weeks away, and the campaign is finally heating up. Quite surprisingly, Vice President Gore has taken the lead in recent polls from the early front-runner, George "Dubya" Bush.
I hit bedrock at two feet and followed it down as it appeared that I was on the edge of a rib that ran with the river. This was beginning to look very promising and I was seeing some small gold—pieces and flakes—in the header of my sluice box.
For “hard money” advocates, this has been a remarkable month. Gold has risen by more than $100, silver has begun to surge, and the headlines are full of news items quite capable of raising public concerns to crisis levels.
Excerpts from California Mining Journal, our original title, published 50 years ago this month.
The Bawl Mill • The Plumas Eureka District • California State Gold Panning Championships • The Yukon-Klonkide Goldfields—Part II • Foreign Investment Hits More Roadblocks • The Treasure Detective—Part IV The Story of Goldstone Nuggets • Another Uranium Boom in the West • Court: Kennecott Eagle Minerals Application Complete • Remote Mining Camps of Yuma County • The Robin Redbreast Lode • Final Buckhorn Mountain Study Released • Melman on Gold & Silver