Mongolia Tax May Chase Off Investment
June 2006 by Associated PressThe 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.
They worked their plan, bit by bit, and sure enough, after the blast, gold was detected… Over two pounds of beautiful crystalline gold was recovered in that stretch!
Climbing up the debris, I pointed my flashlight up a shaft ascending straight up as far as my light would shine. It was the stope of the pay shoot leading to the old tunnel above!
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The technique I will describe is a much safer alternative and it works. It’s a fine-gold panning technique that eliminates the need for mercury amalgamation of most placer samples.
The plea from State Police Chief Pete Kassetas follows what authorities believe is the latest death related to the effort to uncover Forrest Fenn’s treasure.
SB 765...would tax suction gold dredgers by charging a $50 annual fee for in-state dredgers and a whopping $2,500 fee for out-of-state dredgers for each county where the miner intends to dredge.
• "...large advances have been made in the field of micron gold recovery..."
• "I enjoy the technical information..."
The Bawl Mill • Basic Geology for the Independent Miner—Part VI Geology of Placer Gold Deposits • Mining is Booming in Northern Ontario • For a Few Specks of Gold • The Livengood-Tolovana Mining District • Miners Rescued After Two Weeks • Mining Firms Uneasy Over Bolivia • Wyoming's Billion Dollar Nugget • China to Set Up Strategic Reserves • Melman on Gold & Silver • Mining Stock Quotes and Mineral & Metal Prices