"No Gold Sales" Says Nevada Senator
August 1999 by Associated PressSenator Richard Bryan (D-NV) is assuring gold producers in Nevada and around the world that Congress will block the Clinton administration's attempt to sell off international gold reserves to help some debt-laden poor countries.
Saying that the Canadian Province of Nova Scotia supports mining and the jobs that mining creates would be an understatement.
Most American markets greeted the first few trading days of the new year with substantial selling. Compared to their 2004 year-end levels, by January 11, the Dow Jones Industrial Average had declined almost 300 points, the NASDAQ Composite had fallen from 2,185 to near 2,080 while the S&P 500 had dropped from 1,217 to 1,183.
It would seem that we are often indeed destined to repeat history. In terms of gold discovery, even with all the advancements that have been made over the years, it seems we are once again on the cusp of returning to the 1800s world of gold mining. Even as you read this, a new gold rush is taking place in a sleepy little town in South Carolina.
A federal judge found mining companies liable for at least some of the costs of cleaning up pollution of Idaho’s Silver Valley from a century of mining.
Excerpts from California Mining Journal, our original title, published 50 years ago this month.
Molybdenum, referred to as “molly” by miners, is a white metal that is alloyed with iron to form hard, tough and strong steel. It was first used in World War I for armor plate on ships. Nowadays, molybdenum is routinely used to harden structural and tool steel, and to reduce corrosion.
According to the article, a U.S. military spokesman said that gold coins have, at various times, been part of official U.S. military survival packs since the Vietnam War.
The Bawl Mill • Our Readers Say • New Oregon Mining Legislation Friendly to Small Miner • Cutbacks at S. African Mines—Britain Blamed • BLM Reports That 'Mining' Brings Most Public Reward • Long-Term Camping Plan at Fortymile Proposed by BLM • Panel Cuts Park Monies, Eases Mining Restrictions • State May Re-Examine Plans on Dredge Use Near Hope • Company Notes • Jim Butler's Political Career • Picks & Pans: Gold Recovery in Placer Mining Operations • Nevada Looks to Tourism to Fill Mining's Gap • PGMs in the United States • Miners Claim Victory in Fight That Began with Protest • U.S. Admits Botching Indian Funds Accounts • Gold Fever • Roads Protecting Grizzlies Reopen • Guanajuato Silver, Mexico • Roosevelt: From Boom Town to Mountain Lake • Dollar Must Slip for Gold to Rise • Looking Back • 1999 National Mining Hall of Fame Inductees • Melman on Gold & Silver • Mining Stock Quotes and Mineral & Metal Prices