Understanding Hard Rock Mining: Terms and Methods—Part I
June 2004 by Chris RalphWhile most small-scale prospectors and miners focus their energies on placer deposits, most large mining companies put their efforts primarily into hard rock mining. Although many miners may see these as two separate worlds that can never meet, a better understanding of hard rock mining for small operators can be very helpful in many ways.
- Some mining claim fees increase
- Oregon miners file appeal
- US Fish & Wildlife law enforcement policing powers restrained
• Environmental solution becomes the problem
• How much money are you forfeiting?
• The unbearable snowman
“But first and foremost you have to have the geology. With respect to the geology, the Goodnews Bay placers, which actually were won from the Salmon River drainage and its tributaries, produced on the order of 650,000 ounces,” Foley says.
The Montezuma mining district of Summit County, Colorado, is a rugged, structurally complex area of the Rocky Mountains. Home to the first silver claim in Colorado, the Montezuma district hosts stockwork gold deposits, disseminated molybdenum, and abundant silver-bismuth veins.
Many well-equipped prospecting or mining operations, those with adequate, up-to-date equipment, have discovered a secret: Uncle Sam, in the form of our tax laws, is eager to pick-up a portion of the tab for acquiring and modernizing the equipment necessary to operate a successful mining operation business.
The gold and copper deposits at Oyu Tolgoi, or “Turquoise Hill,” are among the largest ever found and could give impoverished Mongolia its biggest boost since it abandoned communism 15 years ago—if the Mongolians can figure out how to profit from it.
What to do with black sands
The Bawl Mill • Higher Copper Price Brings Hope, Jobs • Zeballos Gold Camp, British Columbia • Agreement Allows Pogo Mine to Resume Construction • Treasure Hawk Mine Back in Action • Oregon Dredgers Receive Threats From Environmentalists • Mood at Calgary Conference is Subdued, But Optomistic • Reinventing the Wheel—The Infinity-Jet • Company Notes • Endangered Species Act is a Mess • Placer Platinum • Here Come the MineBots • Agency Gives Initial Backing to Kensington Mine • Mining Stock Quotes and Mineral & Metal Prices • Looking Back • Melman on Gold & Silver • Brits Thwart Robbery of Gold and Cash