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.
Anyone who thinks that investing in, or writing about junior mining shares is easy hasn’t lived through the last month! What we have seen is a virtually endless parade of dynamic and frequently contradictory events. Here are just a few that have occurred in the past thirty days.
My mother stands in the desert, a hot wind kicking up puffs in the sand around her feet. She’s staring hard at the rusted buckets, weathered boards and mine shafts scattered throughout the sagebrush, concentrating, and I can tell she’s not really here. Not here now, at least. She is here 65 years ago. And this is not a long-abandoned ghost town at the end of a dirt road in one of Nevada’s endless stretches of nowhere.
Is three-dollar gas cutting into your gold prospecting? Tired of gas engine maintenance? Gas engine fumes and noise bothering you? Then go solar.
Excerpts from California Mining Journal, our original title, published 50 years ago this month.
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