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Mongolia Tax May Chase Off Investment

The gold and copper deposits at Oyu Tolgoi, or “Turquoise Hill,” are among the largest ever found and could give impoverished Mongolia its biggest boost since it abandoned communism 15 years ago—if the Mongolians can figure out how to profit from it.

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Carrizozo Lava Older Than Once Thought


The Valley of Fires lava flow outside Carrizozo is older than previously thought. In geologic terms, the central New Mexico volcanic feature is still a youngster at 5,000 years old. But that's considerably older than the 1,000-year-old tag scientists once placed on it...

Mining Stock Quotes and Mineral & Metal Prices


Melman on Gold & Silver


Rapid reversals seemed to be the theme of news events during the past month. For example, while the economy generated relatively poor job growth of only 100,000 or so during March, April’s number soared to 274,000—far above expectations.

A Hairsbreadth from Death


Few countries in the world can claim as lengthy a mining legacy as the Cornish of southwest England. Cornwall, a county situated at the farthest tip of the country at the edge of the Atlantic ocean, has been mined for tin deposits since the Bronze Age, 2100-1500 BC.

Oregon County Tries to Interfere With Lawful Mining Operation


...Curry County, at the urging of local environmentalists, is doing whatever it can to get in his way. The county’s latest attempt was through the issuance of a stop-work order, which claimed numerous unsubstantiated violations.

Montana's Virginia City Has Golden Legacy


The discovery of gold at Alder Creek, centrally located in Madison County, Montana, was unusually well documented, with the date and time placed at May 26th, 1863, at about 4 o’clock in the afternoon. A group of six miners had been searching the area with little luck until the leader, Bill Fairweather, spotted an exposed area of promising bedrock. He dug up a shovel full of dirt and put it in Henry Edgar’s pan for washing. About the same time that Edgar was busy washing out the pan, Fairweather was poking around the bedrock with his pocketknife. Both spotted the color of gold at once.

Nevada Mining Tax Fails in Signature Drive


Backers of the petition drive that began five months ago said they secured only about two-thirds of the 97,000 signatures they needed by the deadline to place the measure on the November ballot.

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