PGMs in California
September 2002 by Edgar B. Heylmun, PhDThe occurrence of platinum-group metals (PGMs) is rather widespread in California in placer deposits, but they are not of commercial interest as things now stand.
In last month’s issue we covered the initial discovery of gold, the subsequent gold rush that occurred around Nome, some of the geology of the area and past production. We’ll conclude the article in this issue with a further examination of the geology and deposit types, discuss the resources...
• Roadless Rule back in play
• Action needed on SB 670
• Abbey recommended to head BLM
• Capped and jobless
• S 787
• SB 796 & HR 699
The gravels in contact with the bedrock or false bedrock base are often the richest. The same facts apply to the alluvial paystreaks that are formed on gravel bars; the lowest level of the gold-bearing gravel is normally the richest.
New exploration on land that was scoured for gold years ago near Livengood indicates the property could be developed into a mine on a scale similar to the Fort Knox Mine, according to a Colorado-based company.
The recent increased public attention given to Revised Statute 2477 rights-of-way also has been accompanied by an increase in misinformation being spread by some anti-access environmental groups and federal bureaucrats.
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.
One of the largest conundrums we would point out is the matter of rising interest rates starting to take place in several nations.
The Bawl Mill • What's In A Name? • Our Readers Say • BLM Swindles War Hero Out of Gold Mine • Paleoplacers in the Black Hills • The River Runs Through It • DEF Has Another Successful Year • Fellow Miner, Left for Dead, Needs Our Help • Picks & Pans: The Professional Nuggetshooter • Company Notes • Gold in the First Pan • Looking Back • Cedros Island, Mexico • The Eagle and High Peak Mines of Julian, California • Melman on Gold & Silver • Mining Stock Quotes and Mineral & Metal Prices