The Guaniamo Diamond Region, Venezuela—Part I
July 2010 by Carl BrinkThe considerable richness of the gravels is shown by the fact that operators have successfully worked the same river sections for over 20 years.
Mike scored the best with a total of one-half ounce of gold nuggets. Tom, Brian and Greg each had pieces in the one and a half pennyweight range. The rest of us had small gold and nothing like these three.
What a start to the year! In just the first two weeks of 2008, we saw the price of gold explode to the highest levels in history at $900 per ounce, Crude Oil reach $100 per barrel, some of the world’s largest financial institutions collapse in market value, unrest spread in Pakistan following the assassination of Benazir Bhutto, the worst jobs report from the Department of Labor in at least two years and the continued erosion of residential real estate values.
Thomas Tierney has been a long-time subscriber to ICMJ’s Prospecting and Mining Journal and has read about the many battles between miners and overzealous regulators. Then he faced his own battle.
This is in response to Norbert Beckstrom’s letter in the November issue of the ICMJ. He wrote in reference to a letter by Jerry Hobbs in the October issue. If anyone opened up a can of worms, it is Mr. Beckstrom.
Often the gold being recovered by drywashing is too fine to be recovered by metal detecting. For every “detectable” nugget found, there could be hundreds of smaller flakes of non-detectable size. Thus, for those that “read the ground,” and snipe for areas of favorable placer concentration, drywashing will continue to be both an inexpensive...
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The Bawl Mill • California Dredgers Shafted by Assembly Democrats • Rare Earth Deposit May Be Awaiting Discovery • When Gold Moves, Placers Form • Beginner's Luck • The Curious Saga of the Jack Wade Creek Dredge • Nevada Mining Tax Fails in Signature Drive • Taxes, Numbers & Mining • Melman on Gold & Silver • What Was That Article Again? • Mining Stock Quotes & Mineral and Metal Prices