The Carissa Gold Mine, South Pass, Wyoming—A Sleeper?
July 1999 by W. Dan HauselThe Carissa is part of a patented group of claims (private property) near South Pass City in the southern Wind River Mountains of western Wyoming. The mine lies a short distance southeast of State Highway 28 which runs north to Lander and provides excellent access to the area.
June 18, 1955 — August 3, 1999
Barrick Gold's Golden Sunlight mine; Everton Resources, Globestar Mining search for gold and copper in the Dominican Republic; NovaGold Resources' Galore Creek Project
John Kerry’s proposal to increase mineral royalties to raise money for national parks has drawn strong opposition from officials and mining interests in Nevada, which produces 81 percent of the nation’s gold.
Without this versatile group of technologies, we would be hard-pressed to produce the metals so critical to our modern way of life. The robust mining industry of today would literally not exist.
Gold’s greatest previous bull market took place in 1977-1980 amidst currency instability, and we cannot help but note the similarities between the present and that past era.
For over twenty years, Rahall has been introducing bills in an attempt to overhaul the 1872 Mining Law. On May 10, 2007, he introduced another bill, HR 2262, which would drastically change the laws governing mining if enacted. This time, his bill may have a chance.
Copper is a critically important metal that we need to run our modern electronic society, and the long term outlook for this metal is for a steady increase in price.
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