US Mining Industry Outlook Brighter
May 2004 by Daniel JensenSmaller exploration and development companies, many of which were international, were driven out of the US during the Clinton era and are now looking for signs that it’s safe to come back. Policy changes, rising metal prices, a weakened dollar and a more positive hiring forecast may be the most attractive set of signs the industry has seen in years.
First put on the map by two British geologists in the 1930s, the Skaergaard igneous intrusion on East Greenland’s rugged mountainous coast is arguably one of the most studied and researched rock bodies in the world.
We’ve been fielding quite a few questions lately from subscribers and manufacturers wanting to know if we are going to host another Gold Prospecting and Mining Summit.
...controversy and animosity seem to be steadily increasing, quite possibly to the benefit of our precious metals as gold is now resting comfortably above $1,300—the highest level in more than two years as of mid-February.
...it is beginning to appear that we are recently witnessing a gradual buildup of background information that could lend strength to the arguments for ultimately higher gold and silver prices.
We decided to run a detector over each piece. If we got a decent signal we placed the piece into a high-grade pile and the rest went into another pile to be worked on later. This high-grade pile wasn’t that large—maybe 25 pounds...
In October, five of us decided to take an exploration trip into an area called Green Valley. This was perhaps ten miles upstream from where we had gone in September and the difficulty was access. One would think that based on the name it was an easily accessible area not far from a nearby town. This couldn’t be more wrong.
The Bawl Mill • Economic Analysis on Critical Habitat for Bull Trout • Prospecting for Copper • Gold in the Chinle Formation • Gold Dredgers Rescue Threatened Fish • Gold Mine Plans Upheld in Lawsuit • DOI Computers Back Online • Picks & Pans: Nuggets by the Dozen in Alaska • Historical Mining Methods • The Elusive Mother Lode • Clarence King, Geologist • Mining Stock Quotes and Mineral & Metal Prices • Melman on Gold & Silver