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The Golden Highway—Calaveras County

Heading north along Highway 49 into the central Mother Lode, the first old mining town in Calaveras County was Melones, located along the banks of the Stanislaus River. The town was named for the unique coarse gold flakes found in the gravels that resembled melon seeds, hence the name that came from the Mexican miners.

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The Bawl Mill


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from H. Mason Coggin, PE & LS

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It’s been seven years since Forrest Fenn announced the existence of the buried treasure, said to be worth nearly $2 million. It has prompted thousands to comb areas of New Mexico, Yellowstone National Park and elsewhere.

The Business of Mining—Family Mining Business Tax Savings


There has been much said and written about nepotism, especially in government and business. There is, however, no written rule that would prevent any miner or prospector from hiring a spouse, children or other family members in the prospecting, mining or dredging business. There may even be tax advantages associated with that nepotism.

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A proposed constitutional amendment to raise the cap on mining taxes can proceed as written, a state judge ruled March 14.

Legislative and Regulatory Update


• Battle continues in Oregon
• Stop annexation in Southern California
• EPA ignores Supreme Court ruling with new Idaho permit
• Alaska sues Feds to restore access rights
• California dredgers await next big court date

Placer Platinum


The platinum group metals (PGMs) are divided into three that are “light,” about the same atomic weight as silver, and three that are “heavy,” about the same atomic weight as gold. The three light PGMs are ruthenium, rhodium, and palladium, and the three heavy PGMs are osmium, iridium, and platinum.

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The Bawl Mill   • From the Editor   • Our Readers Say   • Forest Occupancy Decision Stands—US Forest Service Withdraws Appeal   • World Gold Council Launches New Gold Bullion Securities   • Epithermal Gold-Quartz Veins   • Gold in Arkansas   • Picks & Pans: Winter Prospecting and "Forty Mile" Miller   • Company Eyes Reopening Mine Near Troy   • ICMJ's 13th Annual Photo Contest   • Company Notes   • A Guide to Overlooked Gold Deposits—Part V (Conclusion)   • Mining Stock Quotes and Mineral & Metal Prices   • Melman on Gold & Silver

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