Mining Investment—Or Fraud?
June 2002 by Larry W. MonroeThe rapid fall of the stock market created a situation in which investors not only pulled back from traditional equities, assuming dot coms are traditional investments, but many recent arrivals in the world’s...
The faulting, folding and shearing that occurred in the Mother Lode belt has created zones of structurally weak rocks or contacts between different types of rock, which has been favorable for the deposition of gold bearing ores.
• Two million acres of proposed habitat
• Last chance for Nevada claim refunds
• California suction gold dredging update
During the 49’er gold rush, because of harsh winters and adverse river conditions, the working season could be restricted for a week or more at a time. Moreover, many of the “argonauts” (a term dating back to the adventures of the early Greek gold seekers in seeking the Golden Fleece), were unprepared both mentally and physically to meet the harsh conditions.
When I dropped the boulder into my son’s hand everyone spoke a single word in unison, “Wow!”
…I’ll be heading back to Washington, DC, on June 4 with Clark Pearson of PLP for nearly a week of meetings with the Mine Safety and Health Administration, US Forest Service, Environmental Protection Agency, and numerous members of Congress in both the House and Senate.
We’ll conclude by digging a bit more into the regulations and pitfalls, and discuss what they are used for, their relationship to gold, and what the future holds.
John Kerry’s proposal to increase mineral royalties to raise money for national parks has drawn strong opposition from officials and mining interests in Nevada, which produces 81 percent of the nation’s gold.
The Bawl Mill • ICMJ Elected Prospecting Magazine of 2002 • Gold in Suriname • Golden Age of Gold Dredges • Prospecting With Limited Equipment • Looking Back • Beryllium in Utah • Company Notes • Picks & Pans: The Gold of "Eldorado Canyon"—Mariposa County, California • Fire Agate in Arizona • The Canton Lead • NAS Agrees to Review Superfund Science • Tight Budgets Force Forest Service to Cut Back • Melman on Gold & Silver • Mining Stock Quotes and Mineral & Metal Prices