Mining Stock Quotes and Mineral & Metal Prices
August 2000 by Staff
Here’s what actually happened, described in the case file documents: Based on a precious metal assay certificate signed by a registered southwest assayer, the sellers, in consideration of the payment of over $53 million, transfer over 185,000 troy ounces stored in a warehouse to a company based in Norway. This document was signed and notarized in a southwest town, and was publicly distributed in 2001. Guess what?! The warehouse floor concrete may have a higher gold assay than the concentrates sitting above it valued at fifty-three million.
...as a holder of contrarian points of view, I am somewhat delighted to see the recent enormous surge in published negative commentaries regarding gold's future.
While a large number of locations have yielded some placer gold, most of the state’s placer production has come from a few productive districts.
In this installment we will finish up our discussion of how primary hardrock gold deposits form. Understanding how rock alteration works can lead to some good ideas for exploring around old mining districts.
Excerpts from CMJ published 50 years ago this month.
The Bureau of Land Management announced an increase in location filing fees and annual maintenance fees for unpatented mining claims, mill sites and tunnel sites.
The Bawl Mill • Our Readers Say • August Hearing Set for Crandon Mine • Montana Approves Stillwater Expansion Bonds • Guest Editorial—Globalizing Mining in America, Part I • Quartzsite, Arizona • Groups Plan to Sue Over Lynx Protection • Picks & Pans: Treasure Hawk Mine—Cutthroat Mining Corporation • Company Notes • Nuggetshooting Eluvial Placers in the Western United States • 125 Years of Mining History in the Panamints • Cuba Revisited • 2000 National Mining Hall of Fame Inductees • United States National Gold Panning Championships • Melman on Gold & Silver