The Cemetery Rush
January 2003 by Jim FosterIn 1893, Jerry McAuliffe led a team of prospectors east of Kalgoorlie in Western Australia and found the famed Kanowna goldfield. On their first day on the field, they picked up a total of more than 300 ounces of gold nuggets from the ground. As the rush began to increase in momentum, other prospectors found patches of nuggets simply lying on the ground near rich outcroppings of reef. In very quick time, hard rock miners were tearing into the rich reef lines...
So you think you know a lot about placer mining? Well let me tell you about a placer miner that has forgotten more about placer mining than you and I will ever learn in our lifetimes.
Perhaps the most important phase of our chart analysis work is to find indicators that have proven reliable in the past in terms of providing indications of future market direction. One of our favorites is the “Bank Index,” better known by its trading symbol, BKX.
• Can I get advice on a hard rock property in Calaveras County, California?
In the 1800s, rich silver and gold mines along the eastern Sierras were supplied from Los Angeles by a wagon road with an important stage stop at Freeman Junction. Wagons carrying the gold and silver back from the mines to Los Angeles followed the same wagon road. A cottage industry of robbery arose where numerous individuals made a living holding up these wagons and making off into the hills with the loot.
"Gold does strange things to people."
• State attorneys claim the Court of Appeals wrongly relied on South Dakota Mining Association v. Lawrence County regarding federal preemption...
The Bawl Mill • The Old Dutch Cleanser Mine • The Ferris-Haggarty Copper-Gold Mine, Grand Encampment District, Wyoming • Directory of Active Mines in Arizona Available • Picks & Pans: Gold Prospecting on the East Fork River, Alaska • Beryllium in Nevada • Company Notes • Border Silver • Grandfather John's Notes • ICMJ's 12th Annual Photo Contest Results • Tiffany & Co. to Open Plant in Northern Canada • The Patio • Looking Back • Melman on Gold & Silver • Mining Stock Quotes and Mineral & Metal Prices