Venezuela’s Chavez Halts Mining Projects
November 2005 by Associated PressVenezuelan President Hugo Chavez said his government has decided to review and possibly cancel all mining concessions, and stop issuing new ones to foreign companies.
Perhaps the most important phase of our chart analysis work is to find indicators that have proven reliable in the past in terms of providing indications of future market direction. One of our favorites is the “Bank Index,” better known by its trading symbol, BKX.
There is a sizable area that straddles the U.S.-Mexico border where native silver occurs in shear zones at relatively shallow depths. The district is in the low but rugged Pajarito Mountains, the highest point of which is 5,838 feet at Cerro Ruido, on the Mexican side. The deceptively rough terrain forced the first border surveyors, in 1855, to kill several mules and horses because of their injuries.
The Forest Service has been busy lately, promulgating rules and regulations that will negatively impact small miners and prospectors. Public Lands for the People (PLP) is taking action to put a stop to it.
It is likely that few tourists passing through the crowning glory of the Canadian Rocky Mountains in northeastern British Columbia would be aware that this spectacular region is the focal point of the search for one of earth’s most intriguing metals—tantalum.
The intent is to rein in abuses by rogue agents of the Forest Service who have an anti-mining agenda whereby a miner can get a bad federal agent fired.
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