June 2012 (Vol. 81, No. 10) $3.75
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The Bawl Mill
• Home, home on the range...where the deer and the non-native antelope play
• Today's math lesson: Study x 3 = Taxpayer Waste -
Our Readers Say
Comments Regarding our Gold Prospecting and Mining Summit in mid-May...
"What you did for us was very special...."
"Your patience with all of us is to be commended..."
"I learned a lot and hope to be back again next year...." -
Iowa Hill District
For the last two years we’ve held a hands-on prospectors training session in the Iowa Hill district of California’s Mother Lode country as a part of our Gold Prospecting and Mining Summit event. Because of this, I thought it might be good to take a look at the history, geology and opportunities that the Iowa Hill district still offers to the individual prospector. -
Legislative and Regulatory Update
• Partial win for miners
• California suction dredging
• Feds continue to push for more public lands
• Idaho suction dredging -
Gold Deposition and Gradients of Placer Streams—Part I
When placer miners from the gold rush era began experimenting with the slope of their sluices, they must have pondered the ideal slope for trapping gold in a creek bed too. Logic suggests the same is true for streams...
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Pursuing Rare Earths in Wyoming
The company that wants to build and operate the mine, Rare Element Resources Ltd., promises high-wage jobs and economic vitality to an area where 40 percent of the population is age 50 or older. -
The Mole
My wife Dorothy has always enjoyed tent camping. She thought she was really roughing it at established campgrounds until I convinced her to take a trip with me to drywash for gold in a remote corner of an arid desert wilderness...
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Bigger and Better—Gold Prospecting & Mining Summit Recap
Our second year’s Summit, held over five days in mid-May, was even bigger and better than last year’s gathering. We had more vendors, more hands-on classes and a very full slate of lectures and presentations. Over 2,300 prospectors attended...
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Prospecting for Copper Ores—Part I
Copper is one of the metals that form the backbone of our modern civilization. Copper is an essential part of every computer, cell phone, automobile and household appliance.
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Repair / Replace Tax Rule Changes
In an effort to resolve the controversy over whether certain expenditures made by a mining operation or mining-related business are currently deductible as repair expenses...the Internal Revenue Service has finally released new regulations. -
The Wisdom of Mark Twain—And Tales of Cheating the Unwary Prospector
I (enjoy) Twain’s description of a gold mine, “A hole in the ground with a liar at the top.” Some humor here? You bet, but I’m sure he meant it to be a real eye opener as well. -
Colorado Mining Association Appeals Roadless Ruling
The Colorado Mining Association is asking the US Supreme Court to review a 2001 rule that largely barred new roads on 58 million acres of roadless areas in national forests. -
Ganes Creek Hits 10 Years—Part II
You keep all you find at Ganes, with weekly tallies kept for a loose competition that I find helps motivate me. I seriously try to find more nuggets than anyone else in a given week, and usually make it or close to it. -
Fifteen and Counting
For the 15th consecutive year, ICMJ’s Prospecting and Mining Journal was recently honored as “Prospecting Magazine of the Year” by the Best O’ North East Treasure Hunters! -
Melman on Gold & Silver
Unquestionably, it was the other side of the Atlantic Ocean—that is the European side—that provided virtually all the political, economic and social fireworks during the past month.