Mining Outfits Eye 50-Year Supply of Iron Ore
May 2005 by Associated PressTwo companies are looking to mine the largest known iron ore deposit in the West—a 50-year supply at a rate of 1 million metric tons a year.
As inflation fears grow, some advisers are steering their clients into precious or industrial metals as a way to add luster to portfolios.
• "Not a pollutant"
• Thank you Senator Sessions
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It has been a ten-year project to make a new mine from the abandoned 100-year-old mine deep in the Sierra Madre at Dolores, Chihuahua, but the perseverance of Minefinders Corp. is soon to pay off. Once worked by the Mexicans, then...
Excerpts from CMJ published 50 years ago this month.
Regulators gave final approval to a nickel and copper mine for the Upper Peninsula.
The Bawl Mill • Our Readers Say • Estimating Gold Values in Placer Gravels • Lode Gold in Nicaragua • Miners: Plan Ahead for Next Year's Taxes • California's Original Sixteen to One Mine • Montana Multiple Use Association Backs Miner • Picks & Pans: Detecting Micro-Nuggets • Diamond Search Underway in Alaska and Minnesota • Goldfield—Princess of the Mojave • Couple Creates Jewelry of the Iron Range • Melman on Gold & Silver • Looking Back • Mining Stock Quotes and Mineral & Metal Prices