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Table of Contents

  

•The Bawl Mill

Nearly half of their income goes to the government...

Prison life has its privileges

•Our Readers Say

Steve Hicks, White Sulphur Springs, Montana

Glenn W. Worthington, Murfreesboro, Arkansas

•Legislative and Regulatory Update

GAO opinion contradicts Norton-Leavitt road deal

Cubin wages battle over public lands decisions

Washington State rivers are open, work continues

Recent FWS habitat, endangered or threatened proposals

Fair and Balanced?  If You Have the Cash

by the Editor

Have you ever wondered how misinformation about gold mining makes its way into the mainstream publications and news sources?

•Pocket Gold in Gneiss

by Edgar B. Heylmun, PhD

Metamorphic rocks such as gneiss and schist are known for their pocket gold deposits. 

•Miner's Calendar

•Australian Prospector Detects 150-ounce Nugget

by Jim Foster

Many good nuggets were found in the gully over the years...

•The Tangential Impulse Water Wheel in California Gold Mining History—Part II

by Robert A. Kraft and Robert H. Samay

The ultimate beneficiary of this revolution in water wheel engineering was the hydroelectric industry...

•Picks & Pans: Dredging After the Flood

by Gordon Wieczorek

...I had made a living for over 30 years off this claim.

•Mining Industry Enthusiastic About Prospects—Melman Reports from British Columbia Gold Conventions

by Leonard Melman

[Taylor] believed the Dow/gold ratio was beginning to work in gold's favor and would eventually approach one-to-one, as it did in 1980.

•Looking for Gold in All The Right Places

by Orest Protch

What is the single most important piece of prospecting equipment that you should carry...?

•Fraser Institute Ranks Best Regions for Mining Investment

Nevada is the top-rated North American jurisdiction (2nd overall) with an overall investment score of 91 (out of 100).

•Ask the Experts: Recommended Reading (Part II)

You can find many of these publications at your local prospecting store or by searching the Internet.

•Red Lake, Ontario

by Edgar B. Heylmun, PhD

...the veins at Red Lake do not tend to lose value at depth. If anything, they gain in value.

•Company Notes

Barrick, Randgold Resources, Pacific Gold, World Ventures, Acadian Gold, Phelps Dodge, Timberline Resources.

•Melman on Gold & Silver

by Leonard Melman

Some precious metals investors have become concerned that the recent drop in gold from the $430 area into the $390s could spell an end to this bull market. However, a look back at the charts from he grandest gold bull market in history is somewhat reassuring.

•Mineral & Metal Prices

•Mining Stock Quotes

•Gold in Foreign Currencies

•Mine Market—Classified Ads (9 pages)

New and used equipment, services, claims for sale, etc.