Mining Stock Quotes and Mineral & Metal Prices
April 2006 by Staff
Excerpted from the U.S. Geological Survey's 1998 Annual Review by Earle B. Amey, Gold Commodity Specialist.
What a start to the year! In just the first two weeks of 2008, we saw the price of gold explode to the highest levels in history at $900 per ounce, Crude Oil reach $100 per barrel, some of the world’s largest financial institutions collapse in market value, unrest spread in Pakistan following the assassination of Benazir Bhutto, the worst jobs report from the Department of Labor in at least two years and the continued erosion of residential real estate values.
The recently passed Economic Stimulus Package of 2008 is a $168-billion economic “rescue” package that includes rebates for taxpayers and tax breaks for businesses. At the heart of the package are tax rebates, scheduled to be distributed beginning in early May. The tax breaks for small-scale mining operations and businesses are retroactive to the beginning of 2008.
“When the mine is in full operation, it will be the biggest private sector employer in Ferry County and bring significant economic benefits to the region..."
• Agriculture employees caught grazing on taxpayer funds
• A long wait at the bus stop...
• Taxpayers foot the bill...
• Sticky business
A small group of investors led by retired businessman Ray Bohn is trying to revive a remote Idaho gold mine shut down since 1942.
The Bawl Mill • Federal Court to Address Dredge Permits—The Tulloch Rule • Basic Geology for the Independent Miner—Part IV Geology of Hardrock Gold Deposits • Economic Impact of Mining in Alaska • The Kenai Peninsula Goldfields • Copper Price Keeps Canadian Miners Busy • The Business of Mining: Financial Recoveries for Mandated Changes • Utilizing Geologic Maps • The Rich Hill Outing • Picks & Pans: Detecting at Ganes Creek • Copper Mine Opening in Utah • Future of Mining in Bolivia Uncertain • Melman on Gold & Silver