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New Regulations for Major Precious Metal Dealers

The Bush administration, in its latest effort to nab drug lords and terror financiers, will require major dealers in gold, diamonds and other precious metals and gems to set up comprehensive programs to combat money laundering, announced the Treasury Department.

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Appeals Court OKs Permits for Upper Peninsula Mine


The $800 million project will provide 300 jobs during production. It will be the only US mine where nickel is the primary targeted mineral, with about 360 million pounds to be extracted.

California State Gold Panning Championships


This was a tough task and it required really fast speed and perfect gold recovery, with 210 gold panners competing to advance.

Foreign Investment Hits More Roadblocks


Chad, Bangladesh, Peru, Kyrgyzstan and Uzbekistan are the latest in a long list of countries that have become unfavorable toward foreign-owned mining companies.

Hard Rock Prospecting With Rusty


As we talked, Rusty stopped, backed up, bent down and began chipping at some rock in the road. He said he suspected there was a stringer right here that crossed the road.

Gold Diver's Closes Its Doors


After almost 50 years of service to the mining industry, Burl Cheely, owner of Gold Diver’s and the manufacturer of the Couple-Jet and Taper-Jet line of dredges, is retiring.

Company Notes


• NovaGold Resources
• Golden Star Resources
• SearchGold Resources
• Ivanhoe Mines
• Canyon Resources Corp.

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