October 2006 (Vol. 76, No. 2) $3.75
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Legislative and Regulatory Update
• Make your votes count
• Court tells Forest Service many access fees are illegal
• Kensington update -
The Plumas Eureka District
During any great gold rush, tales of fantastic finds abound—some are real and some are not. In the mother lode country of California, in the fall of 1850, there were a lot of fantastic finds and probably the wildest tale of that time was the story of a lake surrounded... -
California State Gold Panning Championships
The California State Gold Panning Championships are part of the Foresthill Heritage Celebration, which has increased in stature a lot this year. The addition and growth of the annual California State Lumberjack Championships to... -
Mergers Continue at Record Pace
Mergers and acquisitions continue at a record pace in 2006 as companies attempt to replace dwindling reserves. Mining companies find that it is more expedient to purchase additional reserves by acquisition than to spend time and money for exploration and startup, even more so when their stock prices are much higher as compared to recent years. -
The Yukon-Klonkide Goldfields—Part II
There has been more written on the Klondike Gold Rush than any rush in the history of the world. Some highlights have been written below, a mere grain of sand of information to glean. The price of gold during the 1890s averaged $20.67 per ounce. -
Foreign Investment Hits More Roadblocks
Chad, Bangladesh, Peru, Kyrgyzstan and Uzbekistan are the latest in a long list of countries that have become unfavorable toward foreign-owned mining companies. -
The Treasure Detective—Part IV The Story of Goldstone Nuggets
A treasure detective, like any detective, is looking for a clue from which he can develop information to solve a mystery. Who? Why? When? The detective sniffs out a trail that will lead eventually to some undiscovered cache of coins... -
Another Uranium Boom in the West
The last US uranium mill ever built, in this parched landscape near Lake Powell, shut down quickly after it started operating as nuclear power fell into disfavor about two decades ago. -
Court: Kennecott Eagle Minerals Application Complete
The Michigan Court of Appeals overturned a lower court ruling that had blocked the state Department of Environmental Quality from deciding whether to issue a permit for a nickel and copper mine in the Upper Peninsula. -
Remote Mining Camps of Yuma County
The remote desert of southwestern Arizona was an attraction only because of the gold and other minerals that were found there. Certainly the weather was not a draw! The early mining days were tough—the mines were a long way from supplies, and hostile Indians made travel in the area extremely dangerous. -
The Robin Redbreast Lode
A Draft Environmental Impact Statement has finally been released for Robert and Marjorie Miller’s proposed lode mine, the Robin Redbreast Lode, in the Uncompahgre Wilderness, located outside of Montrose, Colorado. -
Final Buckhorn Mountain Study Released
The Washington Department of Ecology recently issued a revised environmental study of a proposed Okanogan County gold mine. The study is an amendment to one done in 1997 for the proposed Crown Jewel open pit mine on Buckhorn Mountain near Chesaw. -
Melman on Gold & Silver
If the events of the past month have proven anything, they have confirmed the old adage that gold is truly a measuring device for the “International Temperature.” During the first half of the year and into mid-August, wars, threats of Iranian “peaceful” nuclear devices and North Korean nuclear jawboning drove gold to two-decade highs and kept it well above $600 per ounce.