Surging Gold Prices Burn a Few Unlucky Mining Firms
November 1999 by Associated PressThe extraordinary rebound in gold prices is claiming some unlikely victims—a few of the gold mining companies themselves.
For miners holding a mining claim, mill site or tunnel site on public lands, August 31, 1999 is the last day to meet the annual filing requirement and pay the $100 maintenance fee to the Bureau of Land Management.
• What goes up, must come down.
In developing a mineral property or mining claims, one of the first goals is to identify and quantify valuable deposits. The classic method of doing this is by drilling holes into the ground to sample what is below the surface. The problem is that one or two holes usually are not going to tell you a whole lot...
We spent the winter and spring months obtaining all of the prospecting and camping gear that would be needed to sustain the five of us for 14 days on the river.
• Reality show or reality?
• Big brother pays well...
• "Less is more" is really less
• Lawsuits galore
• Suction dredging saga continues
• HR 1937 to streamline permitting, remove obstacles to miners
• Sage-grouse debate continues
• More National Monuments
Although there are many mining ghost towns in California, it is rare to find the ruins of one that was abandoned 140 years ago and then subsequently buried by hydraulic mining debris.
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