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.
Excerpts from California Mining Journal, our original title, published 50 years ago this month.
After six years of primarily sideways action, gold broke decisively to the upside by breaking above strong resistance between $1,350 and $1,400 by soaring to near $1,450 before correcting moderately.
The old report I read indicated all they ever did was dig some trenches and take samples. It sounded to me like a good place to take my metal detector...
• How small should I crush my hard rock ore?
• Bush puts Roadless Initiative on hold
• SWANCC v. US Army Corps of Engineers
• New Arizona monument added to lawsuit
• Clinton's mining moratorium in Siskiyou may not last
• County illegally used mining claims in land swap
• Montana Governor asks new interior secretary to turn over mineral rights
• Republican Representative from Nevada elevated to vice chairman on mining
“When dealing with federal agencies...”
Patience and persistence is the name of the game when you are detecting this way for gold, as you will have to do a lot of work preparing the ground to detect with any degree of success.
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