Montana Approves Stillwater Expansion Bonds
August 2000 by Associated PressThe Montana Board of Investments unanimously approved a motion to issue up to $35 million in bonds to help Stillwater Mining Corp. expand its platinum and palladium mine.
Exactly one month ago—to the day—I was watching in stunned silence, along with billions of others around the world, as the immense tragedy of September 11 played itself out. Since that time, the President has issued a virtual declaration of war; actual attacks against the Taliban strongholds in Afghanistan have begun and the “other side” has threatened an escalation of terror.
On December 4, 1998, the Washington Fish and Wildlife Commission (WDFW) adopted what has to be one of the most repressive and restrictive compilations of small-scale gold prospecting and mining rules in the country.
The settlement did not grant an immediate approval for the project, but it did begin to clear the way for the company to apply for federal permits—a path the Obama administration previously had thwarted.
In 1997, I had been working a hard rock claim in Lone Valley, Nevada with two partners. It was a small seam about one to two inches wide that had free gold up to 9 ounces per ton.
In 1893, Jerry McAuliffe led a team of prospectors east of Kalgoorlie in Western Australia and found the famed Kanowna goldfield. On their first day on the field, they picked up a total of more than 300 ounces of gold nuggets from the ground. As the rush began to increase in momentum, other prospectors found patches of nuggets simply lying on the ground near rich outcroppings of reef. In very quick time, hard rock miners were tearing into the rich reef lines...
We are happy to report that the current administration has issued a directive to the Forest Service and BLM to address this concern…
The Bawl Mill • Our Readers Say • August Hearing Set for Crandon Mine • 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 • Mining Stock Quotes and Mineral & Metal Prices