The Canton Lead
June 2002 by Jim FosterAs the great Australian gold rushes of the 1850s gathered momentum, hopeful prospectors rushed from all parts of the globe, not least among these were the ubiquitous Chinese.
The only phrase that comes to mind in reviewing this past month is "deja vu." We've seen all this before; falling gold prices, rising stock markets, soaring hi-tech stocks, crazy initial public offerings (IPO's) and a return to public confidence that all problems can be solved.
Platinum has run to record highs this year, but it’s not a rush of demand for wedding bands that has boosted prices. It’s diesel.
- Australia foretells a future with fewer immigrants
- Former mayor is on his "United Way" to prison
- Caught on tape
• Prison inmate has a change of heart...
• Go on, take the money and run...
• Pampered politicians at work...
• If you can't find it, can you deduct it?
- Apparently snow, rain, heat and gloom have been slowing down mail delivery
- Name that tune
We have found strong support from legislators in both the House and Senate for several proposed bills that will provide Mining Districts with a greater role in the decisions that affect access to mining claims, oversight and regulations.
Sterling Mining Company has resumed initial production at the Sunshine Mine in Idaho. The company anticipates a steady increase in production over the next three years until an average daily processing rate of 1,000 tons per day is achieved.
The Bawl Mill • ICMJ Elected Prospecting Magazine of 2002 • Mining Investment—Or Fraud? • Gold in Suriname • Golden Age of Gold Dredges • Prospecting With Limited Equipment • Looking Back • Beryllium in Utah • Company Notes • Picks & Pans: The Gold of "Eldorado Canyon"—Mariposa County, California • Fire Agate in Arizona • NAS Agrees to Review Superfund Science • Tight Budgets Force Forest Service to Cut Back • Melman on Gold & Silver • Mining Stock Quotes and Mineral & Metal Prices