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USFS Criticized for Renting Chopper in Nevada Dispute

The Forest Service is being criticized for spending $15,000 to rent a helicopter to empty sewage from a remote outhouse in northeast Nevada, work a citizens group had volunteered to do for free by using a closed forest road that the group wants reopened.

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Company Notes


• Royal Gold, Inc.
• Placer Dome, Inc.

Battle Heats Up Over California Suction Dredging


The State of California is seeking dismissal of the federal lawsuit filed by Public Lands for the People (PLP) on grounds that they are immune from such lawsuits under the 11th Amendment to the US Constitution. However, there is plenty of prior case precedence suggesting that state officials and agencies are open to such lawsuits when they assume responsibility for regulatory authority from the federal government.

Asarco Accepts Phelps Dodge Buyout


Asarco Inc. accepted a sweetened buyout offer from Phelps Dodge Corp., setting up a three-way, $2.9 billion deal that will make Phelps Dodge the world's largest copper producer.

East Coast Dredger Heads West - Part II


Gold from suction dredging on the North Fork of the Salmon River, California.I wandered back across the river, wading through the rapids and slipping at least three more times. I couldn’t believe how slick these rocks were! Once on the other side, I sat down for a few moments to review my plan of attack and lick my wounds.

Allied Nevada Reactivates Hycroft Mine


Hycroft MineBecause the gold here is not coarse enough to be recovered in a pan, the deposit was not recognized as holding any significant potential for precious metals until 1908...

Company Notes


• NovaGold Resources Inc.
• Canyon Resources Corp.
• TVX Gold Inc.
• Silver Standard Resources Inc.

Melman on Gold & Silver


To paraphrase the great Sir Winston Churchill, it would appear that, “Never have so many been so happy about so much!” Investors in stocks are happy; investors in gold are happy; investors in commodities, real estate, government bonds and even airline and utility stocks are happy. Productivity is growing; inflation appears to be diminishing and...

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