December 2006 (Vol. 76, No. 4) $3.75
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The Bawl Mill
• Caught on camera...
• Taxpayers can’t go “cold turkey”
• Hurricane FEMA wipes out 1,800 homes -
Legislative and Regulatory Update
• Election fallout
• Bad news in Bolivia -
Researching and Staking Mining Claims
One of the greatest opportunities still available to Americans is the opportunity to stake and own your own mining claim. Much of the Western US consists of lands that are open to claim by any US citizen... -
The Goodnews Bay Platinum Fields
“But first and foremost you have to have the geology. With respect to the geology, the Goodnews Bay placers, which actually were won from the Salmon River drainage and its tributaries, produced on the order of 650,000 ounces,” Foley says. -
Special Rock
This “special” rock was much bigger and after having smashed it in half, and then in half again and again, a small gold nugget just sat there looking at me, still embedded in a small mix. -
The Business of Mining: Cars, Trucks and Tax Deductions
Most importantly, self-employed miners, prospectors or employees (even of their own mining-related business) who own or lease an automobile, can utilize the standard rate so long as they operate only one car at a time for business purposes. -
The Kern River Gold Rush
The tall grasses of the rolling foothills of eastern Kern County, California, hide traces of what was once a major gold rush. -
Finding Gold in Mokelumne River Canyon
The Mokelumne River was first worked by the ‘49ers, and foundations of Spanish missions and old miner’s cabins are still present. Elton’s first experience with Roaring Camp came in 1947, when he took a job packing in supplies... -
Important Court Cases
Siskiyou Regional Education Project (SREP) v. US Forest Service was appealed to the 9th Circuit Court of Appeals; the Karuk's have abandoned their latest request for emergency regulations in California; and the California Regional Water Quality Control Board seeking comments "to protect stream and wetland systems." -
Smugglers Causing Problems in South Africa
Rogue miners in South Africa are looting underground mines, sometimes traveling over one-thousand feet down to extract gold, reported Reuters and several other sources. -
Market Spotlight: Platinum in Demand
Platinum has run to record highs this year, but it’s not a rush of demand for wedding bands that has boosted prices. It’s diesel. -
Melman on Gold & Silver
Few non-Presidential elections have been as eagerly anticipated as the one just completed in early November and, if change was what you wanted, massive change is what you received. -
Looking Back
Excerpts from California Mining Journal, our original title, published 50 years ago this month.
