Picks & Pans: Diamond Hunting in Wyoming
January 2002 by Rich MaloneRod Griffin and I have spent most of our free time looking for the hard-to-find diamonds, and have found ourselves involved with wildlife, obstacles, bad roads, streams, bogs, bulls—you name it.
Most prospectors are aware that diamonds are sometimes found in kimberlite, but few are aware that diamonds are also found in another rock type known as lamproite. Lamproite is a very rare volcanic rock that often...
A conservation group said it has an agreement to purchase nearly 1,500 acres of private mining claims northeast of Yellowstone National Park.
Throughout history, the demand for commodities has been constantly increasing. It is difficult to envision a reversal of this trend. Between China and India alone, roughly two billion people are on the verge of becoming middle class consumers. Good or bad, this is called progress, and it seems inevitable.
They tend to be big, coming in large to extremely large sizes. They can also be amazingly rich and produce huge amounts of very high-grade ore.
Further demonstrating the importance of seeking professional assistance and advice are the tax rules governing the expenses of a mining company. The tax treatment of mine exploration and mine development costs is confusing, complex and often overlooked or ignored—except by the ever-vigilant Internal Revenue Service.
Eleven year old Josh Evans’ words said it for all of us at the rally: “Finding gold is really fun!”
Environmental groups have sued the U.S. Fish and Wildlife Service over its refusal to designate critical habitat for seven rare species, five in California and two in Alaska.
The Bawl Mill • Our Readers Say • NMFS Official Admits Bogus ESA Analyses • Glacial Gold in Ohio • Administration Officials Pledge to Work Closely With Miners • The Fort Knox Mine—1,200 Ounces a Day • Aussie Gold—A Look at New South Wales • The Green Land-Grabbers: It's Not Just the Feds Who Are After Your Land • ICMJ's 11th Annual Photo Contest Results • A Rich Gold Strike at Scossa • Company Notes • 3809 Drawing Winners • Melman on Gold & Silver • Mining Stock Quotes and Mineral & Metal Prices