Uranium Industry Enjoys Rebound as Prices Nearly Triple
November 2004 by Robert W. BlackWatching a computer screen, Pat Drummond monitors a complex system of pipelines and vats that produce 55-gallon drums of uranium, weighing 600 to 1,000 pounds each, ready to be shipped to nuclear power plants across the globe.
Manslaughter charges against the Original Sixteen to One Mine, company president Mike Miller, and manager Jonathan Farrell, were dismissed by Judge Stanley Young Jr. in Downieville, California.
Rapid reversals seemed to be the theme of news events during the past month. For example, while the economy generated relatively poor job growth of only 100,000 or so during March, April’s number soared to 274,000—far above expectations.
Nearly 11,000 attended this year’s Prospector and Developers Association of Canada (PDAC) convention in Toronto. Joe Hamilton, president of the Convention Planning Committee, beleived he knew why the numbers were so high.
In our April and May 2001 issues we reported on the administrative hearings involving the 16-to-1 Mine and their fight against countless MSHA citations, many of which seemed to be driven by inspectors following their own agenda.
Ask The Experts—Is it possible for a mountain range to have good lode gold deposits and yet the area streams not carrying like deposits of gold?
Q: Is it possible for a mountain range to have good lode gold deposits and yet the area streams not carrying like deposits of gold? Or do the two go hand-in-hand?
The Bawl Mill • Editorial: Montana's Controversial Rock Creek Mine • First Load of Concentrate Leaves Reopened Ruth Mine • BLM Warning About Purchase of Mining Claims on the Internet • Determining the Amount of Gold in a Quartz Specimen • Placer PGMs in Coon Creek, California • Getting Your Float Circuit Layout Right • Pick Up Austria's New Coin—If You Can Lift It • New Prospecting Guides Available Online • Police Extend Detention of Newmont Executives • Picks & Pans—Drywashing and Detecting in Southern California • Over The Divide—Merwin (Merv) H. Hemp • The Boludo Placers, Sonora • The Golden Highway—Placer County • Northwest Miners Rally a Success • Mine Threat Just a Stunt to Criticize Land Laws • MINExpo 2004 Convention Report • Looking Back • Melman on Gold & Silver • Mining Stock Quotes and Mineral & Metal Prices