Mining Boom May Be In Store For Upper Michigan
February 2009 by John FlesherCompanies are exploring at least 14 areas in Michigan’s vast Upper Peninsula for possible mine development. The activity suggests the potential revival of an industry that defined the region’s economy and culture for more than a century—beginning in the mid-1800s—before gradually fading because of higher operating costs and competition.
Unfortunately, mining is politically unpopular and support of the mining industry, no matter how many jobs it brings to a state, even in times of difficult financial need, is never popular among politicians of any stripe.
At one time or another, many miners will look seriously at purchasing a mining claim...Usually it’s a significant financial commitment, so how do you know if you are getting a good deal?
Q: Thanks for the great article in the recent ICMJ [“Metallic Trash—Scourge of the Prospector,” July 2012]...
Perhaps the heart of our pro-gold thesis is this consideration: governments are inherently inefficient, they attempt to provide services far beyond their genuine fiscal ability and these trends result in deficit financing, growing debt levels and ultimate “watering” down of currency values.
Every year the Northwest Mining Association holds an industry trade show. Many vendors are on hand, and there are many presentations given. With thousands of folks in attendance it’s not hard to get a pulse on what is happening in the mining industry.
Their Prairie Creek project, located in the Mackenzie Mountains of the Northwest Territories of Canada, has a history dating back nearly eighty years when silver and zinc were first discovered there, and includes the involvement of...
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