Picks & Pans: Crevicing & Sniping for Placer Gold
December 1999 by StaffEven though there has recently been a decline in the prices for most of the precious metals, an increasing number of amateur prospectors are still finding that prospecting for precious metals is an exciting, enjoyable, and sometimes profitable occupation.
The tiny, unincorporated town of Ash Fork blazed into the national spotlight with the announcement that 1,000 pounds of explosives were stolen from a nearby mine.
The great transition has now occurred as we move away from the Age of Fed Chairman Greenspan and into the Age of Fed Chairman Bernanke. However, Mr. Greenspan was kind enough to leave a last-minute parting gift by raising the overnight lending rate to 4.5% on his last day in office, January 31, 2006.
South African gold miners are turning their anger towards Britain, charging that the sale of 25 tons of gold by the Bank of England has depressed gold prices and put them out of work.
The miners offer the still-beating hearts of four freshly-sacrificed llamas to a statue of the fiendish god “El Tio,” who they believe affords them protection and good luck.
Last month saw the mining industry take center stage as Toronto, Ontario was once again host city for the giant PDAC annual mining convention. We take at look at that gathering below, focusing on some of the negative industry sentiment on display.
Volumes have been written on the subject of mining in Mexico ever since the first Spanish conquistadors undertook to strip bare the newfound land in the 6th century. Gold and silver, which attracted Cortez and the Spanish Inquisition, was there for the taking, and the fabulously rich mines of Guanajuanto, San Miguel de Allende, Zacatecas, Real del Monte, San Luis Potosi, Durango and Taxco, among others, became famous throughout the New World and Europe.
The Bawl Mill • Over the Divide • Our Readers Say • Desert Phone Trashed • ICMJ Elected Prospecting Magazine of 1999 • Advertising Manager Leaving ICMJ • Guest Editorial—California "Special" Dredge Permits in Jeopardy • The Search Continues • Guest Editorial: U.S. Government—Like Nobody's Business • Circulation and Collections Manager Leaving ICMJ • Company Notes • House Chair Requests Records on Forest Decision • BLM Wants to Withdraw South Pass Public Land • Silverton Preserving Lofty Symbol of Mining Era • Hijackers Make Off With 660 Pounds of Gold • Prospecting With a Magnetometer • 1999 Tables of Content • Lighting the Way Underground 1860-1940s • Millie's Tailings • Looking Back • Gold in Sonora • Forest Service Boss Quits in Bull Trout Flap • Melman on Gold & Silver • European Gold Miners Seek Clarification Letter • Mining Stock Quotes and Mineral & Metal Prices • Squeezing Diamond Into Graphite