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.
A bill that would relax current standards on small mines has passed a House committee.
• "...the small miner and prospector has lost one of their greatest friends."
• "As a taxpayer, I have to wonder what kind of fantasy land our government regulatory employees and managers live in."
• " ... this 'batty' line of reasoning was ludicrous."
Much of the past 12 months, both in America and around the world, has been devoted to discussions of Keynesianism versus the Austrian School of economics; of the value versus risks of “Quantitative Easing,” of free markets versus government-dominated markets; and of the right of government to accede to unlimited demands on her resources, no matter the cost.
New Mexico is not especially known for placer gold, although significant quantities have been recovered from certain districts. There are good opportunities for finding additional gold in favorable areas in the state.
He found 5 to 7 feet of gravel containing half an ounce per yard. This started a rush of placer activity and several other shafts were sunk, with some large multi-ounce nuggets being found.
Ivory Coast has considerable gold reserves, and this nation has the largest area of greenstone belts prospective for gold in the continent.
The miners offer the still-beating hearts of four freshly-sacrificed llamas to a statue of the fiendish god “El Tio,” who they believe affords them protection and good luck.
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