US Files Charges Against Gold Refiner
February 2004 by Associated PressAuthorities filed criminal charges against one of the largest gold refiners in the United States, accusing the company of participating in an illegal, $4.5 million money-laundering operation involving tainted gold from South America for at least four months.
Until a countrywide banning order in 2007, the undercover panners were living testimony to the presence of gold in a region not previously known for its occurrence.
Excerpts from California Mining Journal, our original title, published 50 years ago this month.
North American mining companies are hunkering down to ride out a global economic slowdown; looking to rein in spending and perhaps delay some projects and exploration.
• ESA reform, finally
• BLM finalizes another fee hike
John Kyrk was a prospector who appeared in Batopilas about 1863. Little is known about him, but he had the foresight to pick a mine just 59 yards north of the San Miguel property, and dug a tunnel that ran parallel with the San Miguel in the same mountain, cutting the same veins.
Unfortunately, mining is politically unpopular and support of the mining industry, no matter how many jobs it brings to a state, even in times of difficult financial need, is never popular among politicians of any stripe.
The Bawl Mill • Our Readers Say • Buying or Investing in Mineral Properties • The Joy of Prospecting • Company Notes • Picks & Pans: Rattlesnakes in a Gold Camp • Old-Time Mining Geology Books • Ask the Experts: Recommended Reading—Part I • The Tangential Impulse Water Wheel in California Gold Mining History—Part I • Consider Adding Gold to Your Portfolio • Gold in Australia • Gold in Rotten Rock • Restoring the Rule of Law to US Mining • Melman on Gold & Silver • Mining Stock Quotes and Mineral & Metal Prices