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Surging Gold Prices Burn a Few Unlucky Mining Firms
November 1999 by Associated Press
The extraordinary rebound in gold prices is claiming some unlikely victims—a few of the gold mining companies themselves.Looking Back
Excerpts from California Mining Journal, our original title, published 50 years ago this month.
Oil and Gas in Washington
The state of Washington may have undiscovered oil and gas resources, especially since drilling to date has been clustered in just a few areas.
Diary of a Diamond Prospector
I couldn’t wait to get started. With no field budget, an assay budget of $100/year, a 1975-Ford Bronco that was a road hazard, a gas card, a topo map and full support of the director, I headed to the State Line district near Tie Siding along US Highway 287 to begin mapping kimberlite.
Dredging Alternative: High Banking
The hope was that a bit of the gold from that famous old pocket mine had worked its way down the slope of the hill and into the gravels Pat and his crew were planning to mine.
Company Notes
• X-Cal Resources
• Placer Dome Inc.
• Homestake Mining Company
• Canyon Resources Corp.
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Golden Age of Gold Dredges
Over one hundred years ago, gold mining in California saw a radically new method tried out in the major rivers of the Central Valley. Large gold dredges floated lazily but noisily on the waters, bringing up the rich gravel from deep below. With none of today’s environmental restrictions on such methods, the landscape was reworked into a maze of patterns along the rivers.
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The Bawl Mill
• USPS Delays ICMJ Delivery at Oakland, CA Processing Center
• Another Gold Heist Reported at Nome
• No Need to Rewrite Mining Regs, NAS Study Confirms
• BLM Filing Requirements for Small Miners' Waiver
• Asarco Accepts Phelps Dodge Buyout
• Once Lonely, Mojave Desert Phone Now World's Companion
• Judge Blocks Road Protest
• Company to Sue Over Stymied Gold Mine
• No Mining / Logging on 40 Million Acres
• Catastrophism vs. Uniformitarianism
• 1st Annual Placer County Open Gold Panning Championships—1999
• Picks & Pans: The Ten-Pennyweight Nugget
• Mining in Sonora, Mexico
• Pullin' the Pin
• Land of Golden Dreams—California in the Gold Rush Decade
• Cerro Colorado Silver, Arizona
• Progressive Privy Program Proved Popular
• Melman on Gold & Silver
• Mining Stock Quotes and Mineral & Metal Prices
• Looking Back
