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San Francisco Mint and US Gold Reserves

In 1717, Sir Isaac Newton, Master of the British Mint, established a fixed price for gold that was equivalent to around US$20.00 per ounce. This price was for bullion gold, refined to a purity of twenty-two karats (.917 fine).

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Gondwana Gold Gravels


The German scientist, Alfred Wegener, came out with his theory of "continental drift" in 1912. He was considered a crackpot and it was half a century before geologists and planetary scientists began to take a second look at his theory.

Mining Outfits Eye 50-Year Supply of Iron Ore


Two companies are looking to mine the largest known iron ore deposit in the West—a 50-year supply at a rate of 1 million metric tons a year.

Judge Holds Companies Liable for Some Damage


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.

Ask The Experts: How many claims can I file in Arizona?


Q: I plan to be filing as the sole owner of the claim. How many claims can I file for and what would be the size of claim(s)?

Legislative and Regulatory Update


• Not so happy birthday
• Even more support for the PLP

Buyer Beware! Counterfeit Metal Detectors


When I was recently in West Africa, I got to see and play with my first, phony, Chinese knock-off metal detector.

Update on MMAC & PLP


I’ve fielded a few questions following several articles we published last month on the creation of the Minerals and Mining Advisory Council (MMAC) and the return to traditional mining districts. Some of those questions have been very good and I’m going to answer them here for the benefit of all our readers.

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The Bawl Mill   • Ask the Experts—What is barite used for?   • Ask the Experts—Are you able to advise me on the status of HR3824?   • Our Readers Say   • Sulfides, Selenides and Tellurides   • Silver’s Shine is Back   • Rahall Looks to Rewrite 1872 Mining Law   • Forest Service Attempts to Close Public Access   • Revisiting Commerce Resources—A Tantalum and Niobium Mining Project   • The Seventymile and American Creek Goldfields   • Mining Stock Quotes and Mineral & Metal Prices   • Melman on Gold & Silver

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Legislative and Regulatory Update

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