http://promotion.blackhawk-mining.com/2013/01/07/walker-considers-to-revise-mining-bill-if-it-means-more-jobs-in-wisconsin/
He would be willing to consider tweaks to last year’s stalled mining bill, as long as the new measure results in actual mining jobs in Wisconsin, says Gov. Scott Walker last Wednesday, Jan. 2, 2013. Walker also added that the goal of a new bill should be to create jobs. Any changes unrelated to that end would be unproductive. He told reporters after addressing employees at Phoenix Products Company Inc., a Milwaukee Company that makes heavy-duty lights for mining equipment, “We’re going to look to make a series of reasonable changes and improvements if warranted as long as they ultimately lead to a mine in the state of Wisconsin.”
Walker was bordered by a number of Republican state lawmakers. Earlier in the day, Speaker-elect Robin Vos and Majority Leader Scott Suder, who were also flanked Walker, released a statement saying the first bill the will introduce this session will reform Wisconsin’s mining laws. Vos said, “I’m hopeful all the interested parties can come together to protect our environment and make mining reform happen.”
After moderate Republican Sen. Dale Schultz blocked a bill that had cleared the GOP- controlled Assembly, the Legislature couldn’t reach agreement on a mining proposal. Republicans worked last year to help Gogebic Taconite open a huge iron mine near Lake Superior. To make it easier to open an iron ore mine in Penokee Hills Ashland in northwestern Wisconsin, Gogebic Taconite of Hurley had been lobbying for the bill. According to Walker, he thought the Assembly bill would be a good starting point for creating a new bill.
The Republican governor said that the company was prepared to invest $1.5 billion and that the mine would create thousands of jobs. The mining would create about 700 jobs at the mine itself and an additional 2,100 in related jobs. But the company would need http://promotion.blackhawk-mining.com/ scam prevention assurances that regulations would remain consistent, he added that in return. This would create jobs but would also create disadvantages. And they must not forget, scam prevention.
One of the fears is the destruction of the environment. Environmentalists were alarmed that the mine would devastate one of the state’s most pristine regions near Lake Superior. Although they have called for strict guidelines that would ensure the quality of air, water and soil in the area, they could still use some alternative prevention. In relation with this, a lot of work has been going on behind the scenes to craft a new version of the bill that Schultz and Democratic opponents could support.
Assembly Democratic Leader Peter Barca said he wanted to make sure that any new mining bill has bipartisan support. People could start going back to work, but he said the bill needs to broad enough to ensure proper environmental protections as well. “We need to make sure the bill creates mining jobs and also protects our natural resources, as well as our tourism and agricultural economies that are so vital to Wisconsin,” he said in a statement. We just sure hope that they can also find ways of scam prevention and other ways on how to deal with the disadvantages of mining.
Showing posts with label mining copper. Show all posts
Showing posts with label mining copper. Show all posts
Tuesday, 8 January 2013
Duties of a Boiler Maker and Welders
http://promotion.blackhawk-mining.com/2013/01/02/duties-of-a-boiler-maker-and-welders/
Boiler Makers are very vital in fact without them the industry would run because basically they are involved in the design, construction, maintenance or repair of different metal products by joining parts using a variety of welding methods, either manually or by using machines making them very significant within the mining and gas industry. So without them, who will construct these boilers?
Both jobs, Boiler makers and Welders, have basically the same type of job in the industry. It is usually very involved and dangerous at the best of times.
Boilermakers have two main tasks. These tasks are frequently engaged in oxy acetylene gas torch set to cut or gouge steel plates and tubes. Followed by gas tungsten arc welding, shielded metal arc welding or gas metal arc welding to attach and mend the cut sections of tubes and steel plates.
Without these tiny little parts the industry would not work at all, that is how vital their role is. Parts that are finished are used to complete structures and equipment in the mining industry. Boiler Makers / Welders may vary their works due to welding specialization, such as custom fabrication, pressure vessel welding, pipeline construction welding, structural construction welding or machinery and equipment repair welding, each have different approach in welding therefore requires different approach from the welder.
Before one can enter a company if one would like to be employed in the mining industry in Australia, one must consider two things in a company they are applying for. He also might have to acquire specialties in certain fields by working for a company that’s mining a particular surface or a certain underground resource. There are generally only two major differences in the companies that hire them, the size of the company and the type of material that is being mined.
You might also have to keep in mind that Australian mines have also changes to keep up with the times so many different types of machinery and plant equipment that each job description could vary a lot. Mining companies needs definitely have changed over time with advancements in technology and also the wide and varied locations, this means that the job of the Boiler Maker / Welder may also change overtime.
Skills one must possess to become a boiler maker or welder:
Trade qualification Certificate III in Engineering (Fabrication) obtained through an apprenticeship.
Recognition of existing skills, experience or other qualifications.
Experience in similar industries, maybe in manufacturing or agriculture. • Enjoy technical work and have commitment to accuracy.
Be physically fit and are safety conscious.
Team player, have an ability to adapt to shift work and maybe long hours.
Willing to work away from home and travel.
No skin or breathing allergies.
Do not suffer from claustrophobia, which is the fear of confined spaces.
Remember, in any job that you do you will not succeed unless you are happy with it. If this is what you really want then more likely you are fit for the job
Boiler Makers are very vital in fact without them the industry would run because basically they are involved in the design, construction, maintenance or repair of different metal products by joining parts using a variety of welding methods, either manually or by using machines making them very significant within the mining and gas industry. So without them, who will construct these boilers?
Both jobs, Boiler makers and Welders, have basically the same type of job in the industry. It is usually very involved and dangerous at the best of times.
Boilermakers have two main tasks. These tasks are frequently engaged in oxy acetylene gas torch set to cut or gouge steel plates and tubes. Followed by gas tungsten arc welding, shielded metal arc welding or gas metal arc welding to attach and mend the cut sections of tubes and steel plates.
Without these tiny little parts the industry would not work at all, that is how vital their role is. Parts that are finished are used to complete structures and equipment in the mining industry. Boiler Makers / Welders may vary their works due to welding specialization, such as custom fabrication, pressure vessel welding, pipeline construction welding, structural construction welding or machinery and equipment repair welding, each have different approach in welding therefore requires different approach from the welder.
Before one can enter a company if one would like to be employed in the mining industry in Australia, one must consider two things in a company they are applying for. He also might have to acquire specialties in certain fields by working for a company that’s mining a particular surface or a certain underground resource. There are generally only two major differences in the companies that hire them, the size of the company and the type of material that is being mined.
You might also have to keep in mind that Australian mines have also changes to keep up with the times so many different types of machinery and plant equipment that each job description could vary a lot. Mining companies needs definitely have changed over time with advancements in technology and also the wide and varied locations, this means that the job of the Boiler Maker / Welder may also change overtime.
Skills one must possess to become a boiler maker or welder:
Trade qualification Certificate III in Engineering (Fabrication) obtained through an apprenticeship.
Recognition of existing skills, experience or other qualifications.
Experience in similar industries, maybe in manufacturing or agriculture. • Enjoy technical work and have commitment to accuracy.
Be physically fit and are safety conscious.
Team player, have an ability to adapt to shift work and maybe long hours.
Willing to work away from home and travel.
No skin or breathing allergies.
Do not suffer from claustrophobia, which is the fear of confined spaces.
Remember, in any job that you do you will not succeed unless you are happy with it. If this is what you really want then more likely you are fit for the job
Commodities and Gold Fraud Prevention
http://promotion.blackhawk-mining.com/2012/11/15/commodities-and-gold-fraud-prevention/
Investments in commodities and precious metals can be made indirectly through stocks, mutual funds, ETFs, or derivatives or people can directly buy or sell the commodity or precious metal itself. Commodities may include crude oil, coal, sugar, coffee beans, wheat and other goods. Precious metals are gold, silver or platinum. Interest in precious metals has increased in recent years as the price of gold and silver has reached all-time highs. These commodities and gold are bought by investors primarily to hedge against inflation, economic uncertainty, and foreign exchange risk, in the belief that these metals, particularly gold, are repositories of absolute value, whereas paper currencies and securities dominated in such currencies have relative value and are vulnerable to loss. The high value of gold and commodities lead to easy money for scammers. It attracts more vigorously of fraudulent activity. There are many types of common tricks that are actually uncommon to ordinary people.
• Cash for gold – With the rise in the value of gold due to the financial crisis, there has been a surge in companies that will buy personal gold in exchange for cash, or sell investments in gold bullion and coins. Several of these have prolific marketing plans and high value spokesmen, such as prior vice presidents. Many of these companies are under investigation for a variety of securities fraud claims, as well as laundering money for terrorist organizations. Also given that ownership is often not verified, many companies are considered to be receiving stolen property, and multiple laws are under consideration on methods to curtail this.
• High-yield investment programs – HYIPs are usually just pyramid schemes dressed up with no real value underneath. Using gold in their prospectus makes them seem more solid and trustworthy.
• Advance fee fraud – Various emails circulate on the Internet for buyers or sellers of up to 10,000 metric tons of gold. This is more gold than the US Federal Reserve owns. Often naive middlemen are drafted in as hopeful brokers, and usually mention mythical terms like ‘Swiss Procedure’ or ‘FCO’ (Full Corporate Offer). The end-game of these scams is unknown, but they probably just attempt to extract a small ‘validation’ sum out of the innocent buyer/seller from their hope of getting the big deal.
• Gold dust sellers – This scam persuades an investor there is real gold with a trial quantity, then eventually delivers brass filings or similar.
• Counterfeit gold coins.
• Shares in fraudulent mining companies with no gold reserves, or potential of finding gold.
• Gold Party Scam– Gold parties are typically held in people’s homes, at places of worship, and at schools. The hook used to lure you in is the promise of cash for your unwanted gold jewelry, coins, and other items. The buyer tests your gold and pays you cash on the spot (based on the gold’s purity and weight). Sounds like a good deal, right? WRONG!
New report shows an increase in investment fraud scheme. If someone asks you to engage in big investments and big payment up-front and you are unsure of their identity, be very cautious. Be extra careful to those people promising you a 20-25% result. More often than not most promising deals are created just to attract potential victims.
Investments in commodities and precious metals can be made indirectly through stocks, mutual funds, ETFs, or derivatives or people can directly buy or sell the commodity or precious metal itself. Commodities may include crude oil, coal, sugar, coffee beans, wheat and other goods. Precious metals are gold, silver or platinum. Interest in precious metals has increased in recent years as the price of gold and silver has reached all-time highs. These commodities and gold are bought by investors primarily to hedge against inflation, economic uncertainty, and foreign exchange risk, in the belief that these metals, particularly gold, are repositories of absolute value, whereas paper currencies and securities dominated in such currencies have relative value and are vulnerable to loss. The high value of gold and commodities lead to easy money for scammers. It attracts more vigorously of fraudulent activity. There are many types of common tricks that are actually uncommon to ordinary people.
• Cash for gold – With the rise in the value of gold due to the financial crisis, there has been a surge in companies that will buy personal gold in exchange for cash, or sell investments in gold bullion and coins. Several of these have prolific marketing plans and high value spokesmen, such as prior vice presidents. Many of these companies are under investigation for a variety of securities fraud claims, as well as laundering money for terrorist organizations. Also given that ownership is often not verified, many companies are considered to be receiving stolen property, and multiple laws are under consideration on methods to curtail this.
• High-yield investment programs – HYIPs are usually just pyramid schemes dressed up with no real value underneath. Using gold in their prospectus makes them seem more solid and trustworthy.
• Advance fee fraud – Various emails circulate on the Internet for buyers or sellers of up to 10,000 metric tons of gold. This is more gold than the US Federal Reserve owns. Often naive middlemen are drafted in as hopeful brokers, and usually mention mythical terms like ‘Swiss Procedure’ or ‘FCO’ (Full Corporate Offer). The end-game of these scams is unknown, but they probably just attempt to extract a small ‘validation’ sum out of the innocent buyer/seller from their hope of getting the big deal.
• Gold dust sellers – This scam persuades an investor there is real gold with a trial quantity, then eventually delivers brass filings or similar.
• Counterfeit gold coins.
• Shares in fraudulent mining companies with no gold reserves, or potential of finding gold.
• Gold Party Scam– Gold parties are typically held in people’s homes, at places of worship, and at schools. The hook used to lure you in is the promise of cash for your unwanted gold jewelry, coins, and other items. The buyer tests your gold and pays you cash on the spot (based on the gold’s purity and weight). Sounds like a good deal, right? WRONG!
New report shows an increase in investment fraud scheme. If someone asks you to engage in big investments and big payment up-front and you are unsure of their identity, be very cautious. Be extra careful to those people promising you a 20-25% result. More often than not most promising deals are created just to attract potential victims.
Shelved Expansion Plans Reignites
http://blackhawk-mining.com/2013/01/07/shelved-expansion-plans-reignites/
Many shelved expansion plans reignited after bottoming three months ago iron ore prices bounced back. China’s vast demand for resources like iron ore which occurs only once in a century mining boom sustained Australia’s economy.
Speculations were assumed that the mining boom was over after iron ore prices
dropped to a three-year low in September. It reached for as low as or even below
$US90 a tonne.
According to commodity analyst Jonathan Barratt, who runs Barratt’s Bulletin, “I think
it was a lot of concerns obviously with what was happening in the [United] States,
concerns about the Chinese economy, concerns about more supply coming onto the
market. There was just an overall general amount of nervousness.”
With the Purchasing Managers’ Index coming in at 51.5 last month, it only proves that
China is picking up. And according to the latest survey of the Chinese manufacturing
industry by HSBC shows it is picking up. As China’s economy picks, iron ore prices
have also surged back to $US145 a tonne. Since may 2011 this has been the best
result. This shows that the industry is expanding modestly
Jonathan Barratt says the Chinese economy appears to have bottomed.
He then observed, “We’ve had a changeover in government, and the new leaders of the
Chinese Community Party have an expansionist view.”
“China believes that it’s got to expand in order to placate its people, and obviously by
expanding it requires primary imports.” He added.
He says developments in India are also driving the iron ore price.
“We’ve actually seen 93 mines actually shut. The Supreme Court of India actually shut
the mines due to the fact that they were contaminating ground water. Now that in itself
has caused a supply restriction to the market, which has certainly helped the market,”
he observed.
“Now that was a bit of a surprise, so we will probably will see a little bit more lift in the
price of iron ore.”
And over December, iron ore prices have jumped by around 25 per cent.
That has seen iron miners, kick-start mothballed operations, although miners are also
keeping a close eye on rising costs. Every company must also try to remember to
prevent scam.
Jonathan Barratt expects prices to stay high because big miners like Rio Tinto and BHP
Billiton have shelved some expansion plans.
“We found it quite incredible that a lot of the big miners actually pulled back on their
projects, where they actually shelved a lot of expansionary views, which in my mind was
very short-sighted,” he said.
“Because effectively what they’re going to do is they’re going to also cause a crimp in
supply, because they’re not going to meet market expectations and that should further
sustain prices at these levels.
“So you’re going to see the economies pick up. They’re going to demand and they’re not
going to see the supply out there to meet that demand, so prices will continue to trade
higher.”
Prevent scam in mining, this also costs money and is also as frustrating as price hikes.
Many shelved expansion plans reignited after bottoming three months ago iron ore prices bounced back. China’s vast demand for resources like iron ore which occurs only once in a century mining boom sustained Australia’s economy.
Speculations were assumed that the mining boom was over after iron ore prices
dropped to a three-year low in September. It reached for as low as or even below
$US90 a tonne.
According to commodity analyst Jonathan Barratt, who runs Barratt’s Bulletin, “I think
it was a lot of concerns obviously with what was happening in the [United] States,
concerns about the Chinese economy, concerns about more supply coming onto the
market. There was just an overall general amount of nervousness.”
With the Purchasing Managers’ Index coming in at 51.5 last month, it only proves that
China is picking up. And according to the latest survey of the Chinese manufacturing
industry by HSBC shows it is picking up. As China’s economy picks, iron ore prices
have also surged back to $US145 a tonne. Since may 2011 this has been the best
result. This shows that the industry is expanding modestly
Jonathan Barratt says the Chinese economy appears to have bottomed.
He then observed, “We’ve had a changeover in government, and the new leaders of the
Chinese Community Party have an expansionist view.”
“China believes that it’s got to expand in order to placate its people, and obviously by
expanding it requires primary imports.” He added.
He says developments in India are also driving the iron ore price.
“We’ve actually seen 93 mines actually shut. The Supreme Court of India actually shut
the mines due to the fact that they were contaminating ground water. Now that in itself
has caused a supply restriction to the market, which has certainly helped the market,”
he observed.
“Now that was a bit of a surprise, so we will probably will see a little bit more lift in the
price of iron ore.”
And over December, iron ore prices have jumped by around 25 per cent.
That has seen iron miners, kick-start mothballed operations, although miners are also
keeping a close eye on rising costs. Every company must also try to remember to
prevent scam.
Jonathan Barratt expects prices to stay high because big miners like Rio Tinto and BHP
Billiton have shelved some expansion plans.
“We found it quite incredible that a lot of the big miners actually pulled back on their
projects, where they actually shelved a lot of expansionary views, which in my mind was
very short-sighted,” he said.
“Because effectively what they’re going to do is they’re going to also cause a crimp in
supply, because they’re not going to meet market expectations and that should further
sustain prices at these levels.
“So you’re going to see the economies pick up. They’re going to demand and they’re not
going to see the supply out there to meet that demand, so prices will continue to trade
higher.”
Prevent scam in mining, this also costs money and is also as frustrating as price hikes.
Monday, 10 September 2012
Blackhawk Mines Corp. announces Big Bear Joint Venture Funding and Initiation of Field Program
http://www.blackhawkmines.com/pdfs/Blackhawk%20press%20release%20August%204%202011.pdf
OCALA, FLORIDA – AUGUST 4, 2011 (IMMEDIATE RELEASE) – Blackhawk Mines Corp., B06N.F, WKN
Number - A1H52M, ISIN Number - CA08265A1003, website - www.blackhawkmines.com is pleased to
announce that the company has advanced the initial payment for the initiation of a work program on
the Big Bear Mining Claims.
This is the initial payment of a $10,000,000 Joint Venture entered by the two companies with the goal of
proving the indicated gold resources on the Big Bear claims and if warranted, developing the Big Bear
property to possible production. Siga's work program and the beginning of evaluation of the project are
underway as of Aug 3, 2011.
The work program will consist of extensive mapping of existing trenches, outcrop, oxidized zones and
other previous workings including drill sites. Geochem sampling of large areas of the claim group along
with sampling of all pits and trenches will be conforming with previous mapped and sampled areas
which returned assays of greater than .01 oz/ton gold in the soil geochem. These areas of greater than
.01 oz/ton gold covered a large area of the claim group and give rise to the anticipated total indicated
contained ounces of gold which could range from 1 to 2 million ounces.
The Big Bear project is currently controlled under an agreement to acquire 100 percent of the property.
It is situated near Lucerne Valley, CA and currently consists of approx 1440 acres (approx 2.25 square
miles) of mining claims. The Big Bear Claims are on the North eastern edge of the San Bernardino
Mountains. The project area is known historically as the Blackhawk mining District has been a previous producer of gold and silver. The area is believed to contain economically viable gold mineralization,
particularly at the current metals prices. Anticipated total contained gold based on existing reports and
studies could be in the range of 2 to 3 million ounces.
About Blackhawk Mines Corp
Blackhawk Mines Corp. is a junior resource company that is active in the exploration and development
of mineral resources. The Company is currently developing the Big Bear Claims located in San
Bernardino County, California. The Company is currently reviewing additional acquisitions in North
America, as well as potential joint venture opportunities in South America.
Blackhawk Mines Corp currently has a joint venture agreement with Siga Resources Inc., a Nevada
company to earn a 50% joint venture interest in the Big Bear gold mining property near Lucerne Valley,
San Bernardino County, California.
About Siga Resources Inc
Siga Resources Inc, founded in 2007, is based in South Lake Tahoe, California. Siga is a mineral resource
exploration and development company. Siga's strategy targets properties that have the potential for near term production and early positive cash flow. Siga's general geographical interest is North and
South America.
Disclaimer & Safe Harbor Statement:
This release may contain certain "forward-looking statements" with respect to certain of Blackhawk
Mines Corp. 's plans, goals and expectations regarding its future financial condition, performance,
results, strategy and objectives. Words such as "anticipates", "expects", "intends", "plans", "believes",
"seeks", "estimates", "may", "could", "would", "might", "will" and variations of these words or similar
expressions are intended to identify forward-looking statements. In addition, any statements that refer
to expectations, beliefs, plans, projections, objections, performance or other characterizations of future
events or circumstances, including any underlying assumptions, are forward-looking statements.
Forward-looking statements in this press release are not promises or guarantees of future performance
and are subject to risks and uncertainties that could cause Blackhawk Mines Corp. 's actual results to
differ materially from those anticipated. Blackhawk Mines Corp. cautions the reader not to place undue
reliance upon any such forward-looking statements. These forward-looking statements involve known
and unknown risks as well as uncertainties, including those discussed herein as well as the following: (i)
domestic and global economic and business conditions; (ii) market related risks and the performance of
financial markets generally; (iii) the policies and actions of regulatory authorities; (iv) the impact of
competitive factors; (v) risks and uncertainties associated with future acquisitions or combinations
within relevant industries; and (vi) changes in capital, solvency or accounting standards as well as tax
and other relevant legislation or regulations in the jurisdictions in which Blackhawk Mines Corp.
operates. The actual results that Blackhawk Mines Corp. achieves may differ materially from any
forward-looking statements which are based on management's beliefs and opinions at the time the
statements are made. Blackhawk Mines Corp. does not undertake any obligation to update forwardlooking statements should circumstances or management's beliefs or opinions change.
For further information please contact:
Blackhawk Mines Corp.
4577 S.W. 103 Street Road
Ocala, Fl. 34476
info@blackhawkmines.com
OCALA, FLORIDA – AUGUST 4, 2011 (IMMEDIATE RELEASE) – Blackhawk Mines Corp., B06N.F, WKN
Number - A1H52M, ISIN Number - CA08265A1003, website - www.blackhawkmines.com is pleased to
announce that the company has advanced the initial payment for the initiation of a work program on
the Big Bear Mining Claims.
This is the initial payment of a $10,000,000 Joint Venture entered by the two companies with the goal of
proving the indicated gold resources on the Big Bear claims and if warranted, developing the Big Bear
property to possible production. Siga's work program and the beginning of evaluation of the project are
underway as of Aug 3, 2011.
The work program will consist of extensive mapping of existing trenches, outcrop, oxidized zones and
other previous workings including drill sites. Geochem sampling of large areas of the claim group along
with sampling of all pits and trenches will be conforming with previous mapped and sampled areas
which returned assays of greater than .01 oz/ton gold in the soil geochem. These areas of greater than
.01 oz/ton gold covered a large area of the claim group and give rise to the anticipated total indicated
contained ounces of gold which could range from 1 to 2 million ounces.
The Big Bear project is currently controlled under an agreement to acquire 100 percent of the property.
It is situated near Lucerne Valley, CA and currently consists of approx 1440 acres (approx 2.25 square
miles) of mining claims. The Big Bear Claims are on the North eastern edge of the San Bernardino
Mountains. The project area is known historically as the Blackhawk mining District has been a previous producer of gold and silver. The area is believed to contain economically viable gold mineralization,
particularly at the current metals prices. Anticipated total contained gold based on existing reports and
studies could be in the range of 2 to 3 million ounces.
About Blackhawk Mines Corp
Blackhawk Mines Corp. is a junior resource company that is active in the exploration and development
of mineral resources. The Company is currently developing the Big Bear Claims located in San
Bernardino County, California. The Company is currently reviewing additional acquisitions in North
America, as well as potential joint venture opportunities in South America.
Blackhawk Mines Corp currently has a joint venture agreement with Siga Resources Inc., a Nevada
company to earn a 50% joint venture interest in the Big Bear gold mining property near Lucerne Valley,
San Bernardino County, California.
About Siga Resources Inc
Siga Resources Inc, founded in 2007, is based in South Lake Tahoe, California. Siga is a mineral resource
exploration and development company. Siga's strategy targets properties that have the potential for near term production and early positive cash flow. Siga's general geographical interest is North and
South America.
Disclaimer & Safe Harbor Statement:
This release may contain certain "forward-looking statements" with respect to certain of Blackhawk
Mines Corp. 's plans, goals and expectations regarding its future financial condition, performance,
results, strategy and objectives. Words such as "anticipates", "expects", "intends", "plans", "believes",
"seeks", "estimates", "may", "could", "would", "might", "will" and variations of these words or similar
expressions are intended to identify forward-looking statements. In addition, any statements that refer
to expectations, beliefs, plans, projections, objections, performance or other characterizations of future
events or circumstances, including any underlying assumptions, are forward-looking statements.
Forward-looking statements in this press release are not promises or guarantees of future performance
and are subject to risks and uncertainties that could cause Blackhawk Mines Corp. 's actual results to
differ materially from those anticipated. Blackhawk Mines Corp. cautions the reader not to place undue
reliance upon any such forward-looking statements. These forward-looking statements involve known
and unknown risks as well as uncertainties, including those discussed herein as well as the following: (i)
domestic and global economic and business conditions; (ii) market related risks and the performance of
financial markets generally; (iii) the policies and actions of regulatory authorities; (iv) the impact of
competitive factors; (v) risks and uncertainties associated with future acquisitions or combinations
within relevant industries; and (vi) changes in capital, solvency or accounting standards as well as tax
and other relevant legislation or regulations in the jurisdictions in which Blackhawk Mines Corp.
operates. The actual results that Blackhawk Mines Corp. achieves may differ materially from any
forward-looking statements which are based on management's beliefs and opinions at the time the
statements are made. Blackhawk Mines Corp. does not undertake any obligation to update forwardlooking statements should circumstances or management's beliefs or opinions change.
For further information please contact:
Blackhawk Mines Corp.
4577 S.W. 103 Street Road
Ocala, Fl. 34476
info@blackhawkmines.com
Blackhawk Mines Corp.
http://www.blackhawkmines.com/big-bear.php
Projects
The Big Bear Gold Claims - San Bernardino County, California
Big Bear Location and History
This Big Bear Claims lie in southwestern San Bernardino County about 30 miles northeast of San Bernardino on the north east side of the San Bernardino Mountains The Big Bear claims presently cover an area of about 1440 acres or about 2.5 square miles, near Lucerne Valley, CA and currently consists of 9 claims.
San Bernardino County is the largest County in California, and in fact the largest County in the United States. It is an intensely mineralized area, with records indicating more than 250 mines recorded in the area. Commodities from industrial minerals to gold and silver have been produced since the mid 1800s and still form a large part of the local economy, therefore the governments and agencies are generally mining friendly. The area remains an important cement and industrial production area.
The area has been known as the Blackhawk Mining district in most reports. The district was organized in 1870, when an English concern organized the Santa Fe group in 1890 to work the area on a large scale, but work stopped soon afterward and prospecting was minor during the early 1900s. The Santa Fe group was re-opened in 1921 and operated continuously until 1940. In this last operating phase the production amounted to a reported $300,000.
Mining in California
Based on the U.S. Geological Survey's (USGS) preliminary data for 2007, California ranked third behind Arizona and Nevada in non-fuel mineral production, accounting for approximately 6.3% of the nations' total. The market value of mineral production for California was $4.3 billion. California produced about 30 different industrial minerals during the year.
California led the nation in the production of sand and gravel, portland cement, diatomite and natural sodium sulfate, and was the only producer of boron and rare earths. The state ranked second behind Florida for masonry cement. The only metals produced were gold and silver.
California ranked 6th in gold production out of nine states that reported for the year. Other minerals produced include common clay, bentonite clay (including hectorite), crushed stone, dimension stone, feldspar, fuller's earth, gemstones, gypsum, iron ore (used in cement manufacture), kaolin clay, lime, magnesium compounds, perlite, pumice, pumicite, rare earths, salt, silver, soda ash, and zeolites. There were about 660 active mines producing non-fuel minerals during 2007. Approximately 10,000 people are employed at these mines and their processing plants.
Mining Phase 1
The phase 1 evaluation plan already underway, involves resampling and mapping earlier reported zones for which original data is no longer available, while seeking extensions of alteration that may have been ignored by earlier workers due to lower than economic grades at the time. If phase 1 work provides the results we believe it will, Phase 2 will be put in play. Phase 2 will involve drilling and bulk sampling of mineralized areas in order to design an appropriate recovery system, and simultaneously develop the detail information required for mine permitting.
Geology and Ore Deposits
The area is underlain by granitic rocks, mica schist, gneiss, and a limestone breccia belt. A mineralized zone known as the Arlington-Santa Fe lode occurs in a thrust fault that strikes west and dips north. The historic ores consisted of hematite-bearing fault gouge in limestone breccia. Several ore bodies were reported to yield up to one ounce of gold per ton. The ore zones were reported to be up to 75 feet thick and 1000 feet long, with altered weaker mineralization in the host rocks.
The carbonate host rocks that slid off the mountain contain naturally crushed vein mineralized rock which has been a target for gold exploration for many decades. In the late 1970s, an exploration program of 61 drill holes, hundreds of feet of bull dozer trench sampling and extensive geochem surface sampling reported broader mineralized than had been noted before.
This exploration showed broad areas of gold mineralization contained in the landslide. Estimates showed the areas to contain up to 80 million tons of mineralized material at gold grades of approximately .03 oz/ton, and silver grades around .25 oz/ton. This shows a gross potential of 2 to 3 million ounces of gold and 10 to 20 million ounces of silver.
Gold values of the late 1970s (approx $350/oz gold and $15 oz/ton silver) did not make the project economically interesting at the time. However, the current gold and silver prices, at plus $1700/oz gold and Silver in the mid $30s/oz, cast the economics in a very favorable light.
Projects
The Big Bear Gold Claims - San Bernardino County, California
Big Bear Location and History
This Big Bear Claims lie in southwestern San Bernardino County about 30 miles northeast of San Bernardino on the north east side of the San Bernardino Mountains The Big Bear claims presently cover an area of about 1440 acres or about 2.5 square miles, near Lucerne Valley, CA and currently consists of 9 claims.
San Bernardino County is the largest County in California, and in fact the largest County in the United States. It is an intensely mineralized area, with records indicating more than 250 mines recorded in the area. Commodities from industrial minerals to gold and silver have been produced since the mid 1800s and still form a large part of the local economy, therefore the governments and agencies are generally mining friendly. The area remains an important cement and industrial production area.
The area has been known as the Blackhawk Mining district in most reports. The district was organized in 1870, when an English concern organized the Santa Fe group in 1890 to work the area on a large scale, but work stopped soon afterward and prospecting was minor during the early 1900s. The Santa Fe group was re-opened in 1921 and operated continuously until 1940. In this last operating phase the production amounted to a reported $300,000.
Mining in California
Based on the U.S. Geological Survey's (USGS) preliminary data for 2007, California ranked third behind Arizona and Nevada in non-fuel mineral production, accounting for approximately 6.3% of the nations' total. The market value of mineral production for California was $4.3 billion. California produced about 30 different industrial minerals during the year.
California led the nation in the production of sand and gravel, portland cement, diatomite and natural sodium sulfate, and was the only producer of boron and rare earths. The state ranked second behind Florida for masonry cement. The only metals produced were gold and silver.
California ranked 6th in gold production out of nine states that reported for the year. Other minerals produced include common clay, bentonite clay (including hectorite), crushed stone, dimension stone, feldspar, fuller's earth, gemstones, gypsum, iron ore (used in cement manufacture), kaolin clay, lime, magnesium compounds, perlite, pumice, pumicite, rare earths, salt, silver, soda ash, and zeolites. There were about 660 active mines producing non-fuel minerals during 2007. Approximately 10,000 people are employed at these mines and their processing plants.
Mining Phase 1
The phase 1 evaluation plan already underway, involves resampling and mapping earlier reported zones for which original data is no longer available, while seeking extensions of alteration that may have been ignored by earlier workers due to lower than economic grades at the time. If phase 1 work provides the results we believe it will, Phase 2 will be put in play. Phase 2 will involve drilling and bulk sampling of mineralized areas in order to design an appropriate recovery system, and simultaneously develop the detail information required for mine permitting.
Geology and Ore Deposits
The area is underlain by granitic rocks, mica schist, gneiss, and a limestone breccia belt. A mineralized zone known as the Arlington-Santa Fe lode occurs in a thrust fault that strikes west and dips north. The historic ores consisted of hematite-bearing fault gouge in limestone breccia. Several ore bodies were reported to yield up to one ounce of gold per ton. The ore zones were reported to be up to 75 feet thick and 1000 feet long, with altered weaker mineralization in the host rocks.
The carbonate host rocks that slid off the mountain contain naturally crushed vein mineralized rock which has been a target for gold exploration for many decades. In the late 1970s, an exploration program of 61 drill holes, hundreds of feet of bull dozer trench sampling and extensive geochem surface sampling reported broader mineralized than had been noted before.
This exploration showed broad areas of gold mineralization contained in the landslide. Estimates showed the areas to contain up to 80 million tons of mineralized material at gold grades of approximately .03 oz/ton, and silver grades around .25 oz/ton. This shows a gross potential of 2 to 3 million ounces of gold and 10 to 20 million ounces of silver.
Gold values of the late 1970s (approx $350/oz gold and $15 oz/ton silver) did not make the project economically interesting at the time. However, the current gold and silver prices, at plus $1700/oz gold and Silver in the mid $30s/oz, cast the economics in a very favorable light.
Goa suspends all mining activities temporarily| Reuters
http://in.reuters.com/article/2012/09/10/india-ironore-goa-idINDEE8890EQ20120910?feedType=RSS&feedName=globalCoverage2
(Reuters) - Goa has temporarily suspended all mining activities, effective Tuesday, after an expert panel formed by the central government found "serious illegalities and irregularities" in mining operations, the state government said in a statement late on Monday.
Goa has not banned movement of iron ore already produced and stored at ports or in transit, the statement said. The state will form a verification and clearance committee to scrutinize operations before giving approval to resume mining, R K Verma, principal secretary at mines and geology, said in a statement.
Goa is India's second-biggest iron ore producer. It produces more than 50 million tonnes of iron ore annually and exports almost all of it, making it the top exporter. Sesa Goa Ltd (SESA.NS), an Indian unit of London-listed Vedanta Resources Plc (VED.L), gets most of its iron ore from mines based in Goa.
The mining-suspension order came a week after the Supreme Court partially allowed mining in the neighbouring Karnataka following a ban of more than a year.
India used to be the world's No. 3 iron ore exporter, with most of its product heading to China. But a clampdown on illegal mining in 2010, and New Delhi's measures to keep output for domestic steel mills, slashed exports in half.
(Reporting by Siddesh Mayenkar and Rajendra Jadhav; editing by John Wallace)
Thursday, 6 September 2012
TN cops seek lookout notice for Alagiri son in mining scam - Hindustan Times
http://www.hindustantimes.com/India-news/Chennai/TN-cops-seek-lookout-notice-for-Alagiri-son-in-mining-scam/Article1-921964.aspx
The Madurai police has issued a look out circular against Durai Dayanidhi, son of Union chemicals and fertilizers minister MK Alagiri, and 11 others to prevent them from fleeing the country in the wake of investigations into their alleged involvement in the multi-crore illegal mining scam in the
temple town of Madurai and its surroundings.
The Bureau of Immigration has issued the LOC (Look Out Circular) against 15 granite quarry owners including Dayanidhi, against whom cases have been registered. Madurai SP V Balakrishnan said that initially the LOC is issued temporarily.
The illegal granite mining scandal was estimated at Rs. 16,000 crore by former Maduari collector U Sahayam in a report he submitted to the government.
In a follow up action, the state government conducted raids and filed cases against the quarry owners. Steps have also been taken to impound the passports of the accused persons, including the son of the union minister.
Dayanidhi is a partner in a firm, Olympus granites, which is one of the companies alleged to have been involved in illegal mining scam. Cases have been filed under section 379, and 447 of the IPC.
Eighteen special teams were formed to inspect the quarries and conduct an audit.
While Dayanidhi sought anticipatory bail on the plea that he had ceased to be a stakeholder in the company, official privy with investigations alleged that they had a watertight case against him. The mining license for the company was still in the name of Dayanidhi and his partner.
The Madurai police has issued a look out circular against Durai Dayanidhi, son of Union chemicals and fertilizers minister MK Alagiri, and 11 others to prevent them from fleeing the country in the wake of investigations into their alleged involvement in the multi-crore illegal mining scam in the
temple town of Madurai and its surroundings.
The Bureau of Immigration has issued the LOC (Look Out Circular) against 15 granite quarry owners including Dayanidhi, against whom cases have been registered. Madurai SP V Balakrishnan said that initially the LOC is issued temporarily.
The illegal granite mining scandal was estimated at Rs. 16,000 crore by former Maduari collector U Sahayam in a report he submitted to the government.
In a follow up action, the state government conducted raids and filed cases against the quarry owners. Steps have also been taken to impound the passports of the accused persons, including the son of the union minister.
Dayanidhi is a partner in a firm, Olympus granites, which is one of the companies alleged to have been involved in illegal mining scam. Cases have been filed under section 379, and 447 of the IPC.
Eighteen special teams were formed to inspect the quarries and conduct an audit.
While Dayanidhi sought anticipatory bail on the plea that he had ceased to be a stakeholder in the company, official privy with investigations alleged that they had a watertight case against him. The mining license for the company was still in the name of Dayanidhi and his partner.
Sunday, 12 August 2012
Black Hawk Mining Articles | Privacy Policy
http://promotion.blackhawk-mining.com/privacy-policy/
This Privacy Policy is applicable to Black Hawk Mines Bulletin. It explains how Black Hawk Mines Bulletin collect information from users of this Blog and how we use such information. Your use of the Blog constitutes your acceptance of this Privacy Policy.
When you visit this Blog, we may collect certain data that does not tell us specifically who you are. This is “Non-Personally Identifiable Information.” It includes things like your Internet Protocol (IP) address, browser type, and the last domain you visited before coming to our Blog or the domain you go to when you leave. It also includes various statistical data such as which pages you visit on our Blog, how long you stay on them, and what you click.
We may place a “cookie” on your computer. A cookie is a small amount of data, which often includes an anonymous unique identifier, sent to your browser from a website’s computers and stored on your computer’s hard drive. Our “preference” cookie expires after thirty (30) days. We may use cookies to keep track of your choice of language and home page preference; to understand your exposure to certain Internet advertisements as you use the Blog, and to gather usage data that will help us generally improve the quality of the Blog. There is a simple procedure in most browsers that allows you to deny or accept cookies. You should note that cookies may be necessary to provide you with certain features on the the Blog.
No Personally Identifiable Information is collected through our cookies or Web beacons. However we may, from time to time, allow advertisers, third-party advertising networks, and third-party advertising serving companies to serve advertisements directly to you within our Websites, Services, and Software. By serving these advertisements directly to you, these companies can set their own cookies on your computer, which may not expire, and trigger their own Web beacons. If you would like to contact the advertisers, third-party advertising networks, and third-party advertising serving companies with which we have relationships to learn more about their privacy policies and what options (if any) they offer to opt out of their data collection, please visit their web sites.
We also may collect information that can be used to identify you (“Personally Identifiable Information”). We only collect Personally Identifiable Information when you specifically provide it to us. For example, in connection with your use of certain features of the Websites you may be asked to create a user account and provide certain information including your name, email addresses, address, and telephone number.
Black Hawk Mines Bulletin cannot ensure or warrant the security or privacy of any information you transmit to us. We attempt to follow policies and procedures that will protect against unauthorized access to your Personally Identifiable Information. But we can make no guarantees or promises in this regard, and you provide information to us at your own risk.
We may store the Personally Identifiable Information we hold about you indefinitely. We may store this information in the United States or we may transfer it to any other country. The data protection laws of the countries where we store your personal data may or may not provide a level of protection equivalent to the laws in your home country. Wherever we hold the data, we will apply the terms of this Privacy Policy.
We reserve the right to change this Privacy Policy at any time. Black Hawk Mines Bulletin does not undertake to provide you with personal notice of any changes. In the event of material changes, we will provide notice by means that are reasonable under the circumstances, such as by posting a notice on the Blog. Your continued use of it following the posting of changes to this Privacy Policy means you accept those changes.
This Privacy Policy is applicable to Black Hawk Mines Bulletin. It explains how Black Hawk Mines Bulletin collect information from users of this Blog and how we use such information. Your use of the Blog constitutes your acceptance of this Privacy Policy.
When you visit this Blog, we may collect certain data that does not tell us specifically who you are. This is “Non-Personally Identifiable Information.” It includes things like your Internet Protocol (IP) address, browser type, and the last domain you visited before coming to our Blog or the domain you go to when you leave. It also includes various statistical data such as which pages you visit on our Blog, how long you stay on them, and what you click.
We may place a “cookie” on your computer. A cookie is a small amount of data, which often includes an anonymous unique identifier, sent to your browser from a website’s computers and stored on your computer’s hard drive. Our “preference” cookie expires after thirty (30) days. We may use cookies to keep track of your choice of language and home page preference; to understand your exposure to certain Internet advertisements as you use the Blog, and to gather usage data that will help us generally improve the quality of the Blog. There is a simple procedure in most browsers that allows you to deny or accept cookies. You should note that cookies may be necessary to provide you with certain features on the the Blog.
No Personally Identifiable Information is collected through our cookies or Web beacons. However we may, from time to time, allow advertisers, third-party advertising networks, and third-party advertising serving companies to serve advertisements directly to you within our Websites, Services, and Software. By serving these advertisements directly to you, these companies can set their own cookies on your computer, which may not expire, and trigger their own Web beacons. If you would like to contact the advertisers, third-party advertising networks, and third-party advertising serving companies with which we have relationships to learn more about their privacy policies and what options (if any) they offer to opt out of their data collection, please visit their web sites.
We also may collect information that can be used to identify you (“Personally Identifiable Information”). We only collect Personally Identifiable Information when you specifically provide it to us. For example, in connection with your use of certain features of the Websites you may be asked to create a user account and provide certain information including your name, email addresses, address, and telephone number.
Black Hawk Mines Bulletin cannot ensure or warrant the security or privacy of any information you transmit to us. We attempt to follow policies and procedures that will protect against unauthorized access to your Personally Identifiable Information. But we can make no guarantees or promises in this regard, and you provide information to us at your own risk.
We may store the Personally Identifiable Information we hold about you indefinitely. We may store this information in the United States or we may transfer it to any other country. The data protection laws of the countries where we store your personal data may or may not provide a level of protection equivalent to the laws in your home country. Wherever we hold the data, we will apply the terms of this Privacy Policy.
We reserve the right to change this Privacy Policy at any time. Black Hawk Mines Bulletin does not undertake to provide you with personal notice of any changes. In the event of material changes, we will provide notice by means that are reasonable under the circumstances, such as by posting a notice on the Blog. Your continued use of it following the posting of changes to this Privacy Policy means you accept those changes.
Gravel mine halted near historic North Dakota ranch
http://rapidcityjournal.com/news/gravel-mine-halted-near-historic-north-dakota-ranch/article_098828d4-d416-5f9d-bdf1-32aeed265c02.html
BISMARCK, N.D. | Development of a gravel mine near the site of Theodore Roosevelt's historic Badlands ranch in western North Dakota will not continue, a Montana businessman said Wednesday.
Roger Lothspeich of Miles City, Mont., told The Associated Press that he signed an agreement Wednesday with the U.S. Forest Service to work out an exchange for other federal land or mineral rights at a different location.
Forest Service district ranger Ron Jablonski called it "a major change in direction" and said the agency is anxious to work with Lothspeich. He also said the exchange could be for other land or mineral rights on yet-to-be-determined federal land.
"We are going to take a look at options for some type of exchange," Jablonski said. "This could include other federal land, other minerals or a tax break of some kind."
The Forest Service purchased the ranch, next to Roosevelt's Elkhorn Ranch site, from brothers Kenneth, Allan and Dennis Eberts and their families in 2007. It cost $5.3 million, with $4.8 million coming from the federal government and $500,000 from conservation groups. The purchase did not include mineral rights.
Roosevelt, who was president from 1901 to 1909, set aside millions of acres for national forests and wildlife refuges during his administration. He spent more than three years in the North Dakota Badlands in the 1880s, grazing cattle on land that government agencies and conservation groups have hailed as the "cradle of conservation."
More than 50 wildlife and conservation groups, including the Boone and Crockett Club started by Roosevelt himself, pressed Congress to approve the 2007 purchase.
The Ebertses had bought Roosevelt's ranch and half the mineral rights from the Connell family in 1993 for $800,000. Lothspeich, who grew up near the land before moving to Montana, bought the other half of the mineral rights from the Connells at an undisclosed price, knowing the government had not obtained them in the Eberts deal.
Lothspeich and his fiancée, Peggy Braunberger, have spent about four years proving they own the right to remove gravel and other surface minerals at the 5,200-acre ranch near Medora. The proposed 25-acre site is about a mile from Roosevelt's cabin.
Lothspeich said he had intended to start digging gravel this year but he said the agreement for a potential land exchange means the plans are "stopped dead in their tracks."
"I'm shutting everything down," Lothspeich told the AP. "I'm happy, the Forest Service is happy, everybody will be happy," he said.
Lothspeich had previously said he wanted the Forest Service or conservation groups to pay him $2.5 million. Neither the federal agency nor the conservation groups took up his offer. He also has said his portion of the subsurface rights represents about $10 million in high-grade gravel that can be sold to the government and companies for road building in North Dakota's booming oil patch.
Tweed Roosevelt, the former president's great-grandson, said last month that he asked President Barack Obama to designate the area as a national monument, which would block development in the area.
"I'm delighted to hear this and it has the potential to be an excellent solution," Roosevelt said from his home in Boston. "I would still like to see the national monument designation go forward, to protect this area from any other potential problems."
Lothspeich said he and his fiancee approached the government about the exchange and met with the Forest Service for about three hours Wednesday morning to craft the agreement.
"I think Roger and Peggy showed a great amount of respect for the place, its history and the feeling people have for this," Jablonski said."
Wednesday, 8 August 2012
Mining workshop offered here again | Fort Frances Times Online
http://fftimes.com/node/253212
By Heather Latter, Staff writer
FORT FRANCES—After the success of last year’s “Mining Matters” workshop here, Rainy River Resources once again is sponsoring the free seminar next month for youths and adults interested in learning more about geology.
“It’s a really important initiative,” said Kyle Stanfield, the company’s vice-president of environment and sustainability, noting plans for developing a gold mine in Blackhawk, north of Barwick, are moving “full-steam ahead.”
“We want locals to learn about rocks, minerals, metals, and mining in a hands-on environment, and understand a little more about the industry,” Stanfield explained, adding a lot of people don’t really know much about mining.
“They sort of have an image of mining that is probably a little out of date,” he remarked.
Stanfield said mining has come a long way from the “pick and shovel” technique—and in a short period of time.
“There’s a lot more technology involved, so we wanted to find a good way to help people get some more intensive understanding of what mining is all about,” he reasoned.
The program, slated for Aug. 8-10 at the Confederation College campus in Fort Frances, will be open to both adults (aged 16 and older) and youths aged nine-15.
The first day will be an adult workshop while the second one will focus on the youth. Then the third day will see a combined visit to the company’s exploration site.
“We had a lot of great feedback from participants last year,” said Stanfield, noting they learned that mining is more than just making gold bars—for example, that gypsum, a common mineral, is used to make drywall.
“They learn why minerals are important for our society, and how they are used for everything from home-building to vehicles.”
In the classroom sessions, which also will include some outdoor activities, Stanfield said participants will learn how to use a compass and a GPS, and simulating exploration mapping in the field.
But the highlight of the program, he noted, is the visit to the site.
“They get to see a drill rig, the facility, and what Canada’s next gold mine looks like right now,” Stanfield remarked.
“And we’re really excited to show that.”
He added participants also will have a chance to see core that has been extracted from the ground and to view a model on the computer.
“It’s low-tech and high-tech,” Stanfield explained. “And kids immediately connect to technology.
“When they see it visually, they are intrigued.”
In fact, he said some youth last year indicated geology might be a future career for them.
“So it’s nice to be able to share with people what we do and give them a better understanding of it,” Stanfield remarked, adding he hopes the program will be offered here annually.
“It really put into perspective how essential the mine is to our area . . . and how much work it takes to make a mine operational,” noted Garnet Cornell, who is working as an environmental assistant for Rainy River Resources over the summer.
“It’s an eye-opener for people in the community to actually understand how big of a commitment and how key it is for our area to have this mine up and running,” he stressed.
“Just to understand it more is really what ‘Mining Matters’ is all about,” Cornell reasoned.
“Trying to open people’s eyes to what possibilities this mine will bring.”
While Cornell has been studying Earth Surface Science at the University of Guelph for the past three years, the “Mining Matters” program showed him just how many jobs there are in mining alone.
He encourages others in the community to sign up for the workshop and learn about mining locally.
To register, download a form from the company’s website atwww.rainyriverresources.com
Completed forms can be faxed to 482-2834 or e-mailed toldunn@rainyriverresources.com
There is no cost associated with participating, and lunch will be provided each day.
Rainy River Resources will be in contact with participants to confirm their attendance no later than July 25.
Stanfield noted space is limited, so people should register as soon as possible.
For more information, call 482-2501.
(Fort Frances Times)
Black Hawk Bulletin’s Gallery
Bringing life back to the historical site and mining ghost
towns that a has bunch of prospective to bring income and be a tourist spot as possible,
not to mention the historical value that it possesses. Thru the news and reviews
brought by Black Hawk Mines Bulletin we’ll be able to spread out the
information to gather more advocate and keep people up to date.
Sunday, 5 August 2012
Black Hawk Mining Articles | Black Hawk Mining
http://promotion.blackhawk-mining.com/category/black-hawk-mining/
REPUBLICAN HOUSE PSSES NEW MINING BILL
Posted on July 18, 2012 by blackhawkmines
Republicans in the House of Representative have passed a bill that basically exempts silver, uranium, copper and gold mining on federal land from formal environmental assessment, consequently making it more difficult for environmental organizations to oppose new mining operations.
The HR 4402 bill passed the House by a 256-160 margin and was sponsored by Rep. Mark Amodei is the latest in GOP-led House string of favor for the industrial sector.
The bill called National Strategic and Critical Minerals Production Act was approved by the Republican House with 22 Democrats voting in favor of it after debates that it could be a false pro-people legislation.
According to Republicans, such changes are required to keep the US in pace with the world in terms of mineral production, which is seen as crucial not only to manufacturing industries but also to national security.
This particular bill will grant the government the power to use state assessments instead of the federal environmental review. This review will be limited to fewer number of months and will only be allowed for an extension if both the mining company and the government agreed on one.
Unsurprisingly, this development is greatly supported by mining companies that are vying for access to the US resources.
Its approval of the bill on Thursday will require government agencies to limit their decision-making periods in issuing mining permits to 30 months.
“The whole idea of the National Environmental Protection Act is that there would be an independent review that involves public input, input from all affected interests, and input from somebody who speaks for the land, and somebody who speaks for the trees,” Rep. Rush Holt said.
Seventeen minerals are generally considered as “rare earth” minerals that the bill would supposedly cover. Unfortunately, the bill appears to be vague about the coverage and could also be used on minerals in unrelated sectors.
“The bill we are considering today is so broadly drafted, where apparently sand and gravel and crushed stone are considered rare and strategic, that the majority actually appears to be trying to usher in a new stone age,” Rep. Edward Markey said.
The House approval will send the legislation to the Senate, but it is likely to get ignored. Meanwhile, Black Hawk Mining Bulletin Articles has already expressed its strong opposition against the bill due to its environmental implications.
BLACK HAWK MINING BULLETIN ARTICLES: SMALL TOWN SUFFERS FROM GOLD HEIST
Posted on May 2, 2012 by blackhawkmines
Decades ago, huge quantities of gold was being pulled from this town, making it one of the richest place in California. But earlier this month, a different incident of obtaining gold nuggets earned the ire of locals.
Two men wearing suspicious clothing and carrying a crowbar apparently went in the Siskiyou Count courthouse through the men’s restroom window. The courthouse is home for the display of California’s most revered collection of gold.
The robbers appeared to have made a hole in the bulletproof glass at 1.00 am through which they have grabbed a million-dollar-worth in gold nuggets. Their stash included a rare 28-ounce specimen from 1913, called ‘the shoe’. They might have escaped several hours before the heist was discovered at seven in the morning.
The robbers got away with 351 ounces out of a 624-ounce set that has a value of USD 3 million for the quality of the specimen.
Residents are undeniably angry for what happened, saying that it would have been more forgivable to rob a bank than stealing a piece of their heritage which cannot be replaced.
Yreka, with a population of only around 7000, is one of the several California mining communities which has proudly kept their golden heritage for public display. This is despite of the USD 1,750/ounce price of gold in the market. In fact, 2 years ago, the county faced a fiscal crisis but they have not even considered selling off their gold collection that was amassed over time and donated by locals.
County sheriff declared the theft as stealing a piece of their region’s history and pledged a USD 15,000 reward for information that may lead to the suspects’ prosecution. The two robbers are described as men in early 20′s wearing black shirts, shoes and blue jeans.
The theft became a subject of suspicion around town mainly because an alarm set on top of the case did not go off. The second alarm, on the sliding glass, is still functioning but it was not moved by the robbers anyway. Townspeople are inclined to believe there has been a terrible inside job.
Gold seems to be the soul of the region. In 1851, a mule packer first discovered the presence of local gold and since then, mines like King Solomon, Golden Eagle and Black Bear have thrived.
Most of the communities that belong to Mother Lode are understandably proud of their heritage so they want to display their collections for people to see. However, doing that comes with loads of risks that they have to be aware of.
The county treasurer said that they can use the insurance claim in upgrading the museum but this act does not seem enough to console the residents.
REPUBLICAN HOUSE PSSES NEW MINING BILL
Posted on July 18, 2012 by blackhawkmines
Republicans in the House of Representative have passed a bill that basically exempts silver, uranium, copper and gold mining on federal land from formal environmental assessment, consequently making it more difficult for environmental organizations to oppose new mining operations.
The HR 4402 bill passed the House by a 256-160 margin and was sponsored by Rep. Mark Amodei is the latest in GOP-led House string of favor for the industrial sector.
The bill called National Strategic and Critical Minerals Production Act was approved by the Republican House with 22 Democrats voting in favor of it after debates that it could be a false pro-people legislation.
According to Republicans, such changes are required to keep the US in pace with the world in terms of mineral production, which is seen as crucial not only to manufacturing industries but also to national security.
This particular bill will grant the government the power to use state assessments instead of the federal environmental review. This review will be limited to fewer number of months and will only be allowed for an extension if both the mining company and the government agreed on one.
Unsurprisingly, this development is greatly supported by mining companies that are vying for access to the US resources.
Its approval of the bill on Thursday will require government agencies to limit their decision-making periods in issuing mining permits to 30 months.
“The whole idea of the National Environmental Protection Act is that there would be an independent review that involves public input, input from all affected interests, and input from somebody who speaks for the land, and somebody who speaks for the trees,” Rep. Rush Holt said.
Seventeen minerals are generally considered as “rare earth” minerals that the bill would supposedly cover. Unfortunately, the bill appears to be vague about the coverage and could also be used on minerals in unrelated sectors.
“The bill we are considering today is so broadly drafted, where apparently sand and gravel and crushed stone are considered rare and strategic, that the majority actually appears to be trying to usher in a new stone age,” Rep. Edward Markey said.
The House approval will send the legislation to the Senate, but it is likely to get ignored. Meanwhile, Black Hawk Mining Bulletin Articles has already expressed its strong opposition against the bill due to its environmental implications.
BLACK HAWK MINING BULLETIN ARTICLES: SMALL TOWN SUFFERS FROM GOLD HEIST
Posted on May 2, 2012 by blackhawkmines
Decades ago, huge quantities of gold was being pulled from this town, making it one of the richest place in California. But earlier this month, a different incident of obtaining gold nuggets earned the ire of locals.
Two men wearing suspicious clothing and carrying a crowbar apparently went in the Siskiyou Count courthouse through the men’s restroom window. The courthouse is home for the display of California’s most revered collection of gold.
The robbers appeared to have made a hole in the bulletproof glass at 1.00 am through which they have grabbed a million-dollar-worth in gold nuggets. Their stash included a rare 28-ounce specimen from 1913, called ‘the shoe’. They might have escaped several hours before the heist was discovered at seven in the morning.
The robbers got away with 351 ounces out of a 624-ounce set that has a value of USD 3 million for the quality of the specimen.
Residents are undeniably angry for what happened, saying that it would have been more forgivable to rob a bank than stealing a piece of their heritage which cannot be replaced.
Yreka, with a population of only around 7000, is one of the several California mining communities which has proudly kept their golden heritage for public display. This is despite of the USD 1,750/ounce price of gold in the market. In fact, 2 years ago, the county faced a fiscal crisis but they have not even considered selling off their gold collection that was amassed over time and donated by locals.
County sheriff declared the theft as stealing a piece of their region’s history and pledged a USD 15,000 reward for information that may lead to the suspects’ prosecution. The two robbers are described as men in early 20′s wearing black shirts, shoes and blue jeans.
The theft became a subject of suspicion around town mainly because an alarm set on top of the case did not go off. The second alarm, on the sliding glass, is still functioning but it was not moved by the robbers anyway. Townspeople are inclined to believe there has been a terrible inside job.
Gold seems to be the soul of the region. In 1851, a mule packer first discovered the presence of local gold and since then, mines like King Solomon, Golden Eagle and Black Bear have thrived.
Most of the communities that belong to Mother Lode are understandably proud of their heritage so they want to display their collections for people to see. However, doing that comes with loads of risks that they have to be aware of.
The county treasurer said that they can use the insurance claim in upgrading the museum but this act does not seem enough to console the residents.
Black Hawk Mining Articles | News & Promotions
http://promotion.blackhawk-mining.com/category/news-promotions/
A recent survey conducted in Australia shows that although their mining sector is enjoying a boom, services sector is in an opposite condition. Most of the contraction was caused by a decline in new orders among the various players in the services sector while sales and prices also fell.
Just 2 out of 9 sub-sectors (namely, personal and recreational services and finance and insurance) included in the survey has grown during the month. The increased activity in the mining sector is not positively affecting the remaining sectors of the local market.
The chief executive of the Australian Industry Group (AI Group) said that the contraction in the services industry just shows how narrow is its base of development in the broad market.
Several stability in financial states abroad in a period of few months will be favorable for allowing consumer and business confidence to improve, resulting in a gradual increase in spending.
More than half of the world’s mining acquisitions in 2011 has involved projects located in US, Australia and Canada. Other buyers include China, India, Russia and Brazil, all of which increased their acquisitions by 42% since 2006.
In terms of gold, the average deal is valued at USD 41 million where a premium is almost 50%. Propelling the lucrative market is Australia with 15%, United States with 14% and Canada with 49%.
Considering the bigger picture of the industry, PwC seems to be expecting that this year will see record M&A valuations and volumes in the mining sector worldwide.
According to the company, sovereign wealth funds tend to have more advantage in winning transactions because of their low cost of capital.
PwC is assuming that non-miners like sovereign wealth funds, large pension funds and private equity might reassess their approach to the industry and begin to participate more in M&A.
A recent survey conducted in Australia shows that although their mining sector is enjoying a boom, services sector is in an opposite condition. Most of the contraction was caused by a decline in new orders among the various players in the services sector while sales and prices also fell.
Just 2 out of 9 sub-sectors (namely, personal and recreational services and finance and insurance) included in the survey has grown during the month. The increased activity in the mining sector is not positively affecting the remaining sectors of the local market.
The chief executive of the Australian Industry Group (AI Group) said that the contraction in the services industry just shows how narrow is its base of development in the broad market.
Several stability in financial states abroad in a period of few months will be favorable for allowing consumer and business confidence to improve, resulting in a gradual increase in spending.
More than half of the world’s mining acquisitions in 2011 has involved projects located in US, Australia and Canada. Other buyers include China, India, Russia and Brazil, all of which increased their acquisitions by 42% since 2006.
In terms of gold, the average deal is valued at USD 41 million where a premium is almost 50%. Propelling the lucrative market is Australia with 15%, United States with 14% and Canada with 49%.
Considering the bigger picture of the industry, PwC seems to be expecting that this year will see record M&A valuations and volumes in the mining sector worldwide.
According to the company, sovereign wealth funds tend to have more advantage in winning transactions because of their low cost of capital.
PwC is assuming that non-miners like sovereign wealth funds, large pension funds and private equity might reassess their approach to the industry and begin to participate more in M&A.
Wednesday, 1 August 2012
Black Hawk Mining Articles | Black Hawk Mining Bulletin Articles: Small town suffers from gold heist
http://promotion.blackhawk-mining.com/2012/05/02/black-hawk-mines-small-town-suffers-from-gold-heist/
Decades ago, huge quantities of gold was being pulled from this town, making it one of the richest place in California. But earlier this month, a different incident of obtaining gold nuggets earned the ire of locals.
Two men wearing suspicious clothing and carrying a crowbar apparently went in the Siskiyou Count courthouse through the men’s restroom window. The courthouse is home for the display of California’s most revered collection of gold.
The robbers appeared to have made a hole in the bulletproof glass at 1.00 am through which they have grabbed a million-dollar-worth in gold nuggets. Their stash included a rare 28-ounce specimen from 1913, called ‘the shoe’. They might have escaped several hours before the heist was discovered at seven in the morning.
The robbers got away with 351 ounces out of a 624-ounce set that has a value of USD 3 million for the quality of the specimen.
Residents are undeniably angry for what happened, saying that it would have been more forgivable to rob a bank than stealing a piece of their heritage which cannot be replaced.
Yreka, with a population of only around 7000, is one of the several California mining communities which has proudly kept their golden heritage for public display. This is despite of the USD 1,750/ounce price of gold in the market. In fact, 2 years ago, the county faced a fiscal crisis but they have not even considered selling off their gold collection that was amassed over time and donated by locals.
County sheriff declared the theft as stealing a piece of their region’s history and pledged a USD 15,000 reward for information that may lead to the suspects’ prosecution. The two robbers are described as men in early 20′s wearing black shirts, shoes and blue jeans.
The theft became a subject of suspicion around town mainly because an alarm set on top of the case did not go off. The second alarm, on the sliding glass, is still functioning but it was not moved by the robbers anyway. Townspeople are inclined to believe there has been a terrible inside job.
Gold seems to be the soul of the region. In 1851, a mule packer first discovered the presence of local gold and since then, mines like King Solomon, Golden Eagle and Black Bear have thrived.
Most of the communities that belong to Mother Lode are understandably proud of their heritage so they want to display their collections for people to see. However, doing that comes with loads of risks that they have to be aware of.
The county treasurer said that they can use the insurance claim in upgrading the museum but this act does not seem enough to console the residents.
Decades ago, huge quantities of gold was being pulled from this town, making it one of the richest place in California. But earlier this month, a different incident of obtaining gold nuggets earned the ire of locals.
Two men wearing suspicious clothing and carrying a crowbar apparently went in the Siskiyou Count courthouse through the men’s restroom window. The courthouse is home for the display of California’s most revered collection of gold.
The robbers appeared to have made a hole in the bulletproof glass at 1.00 am through which they have grabbed a million-dollar-worth in gold nuggets. Their stash included a rare 28-ounce specimen from 1913, called ‘the shoe’. They might have escaped several hours before the heist was discovered at seven in the morning.
The robbers got away with 351 ounces out of a 624-ounce set that has a value of USD 3 million for the quality of the specimen.
Residents are undeniably angry for what happened, saying that it would have been more forgivable to rob a bank than stealing a piece of their heritage which cannot be replaced.
Yreka, with a population of only around 7000, is one of the several California mining communities which has proudly kept their golden heritage for public display. This is despite of the USD 1,750/ounce price of gold in the market. In fact, 2 years ago, the county faced a fiscal crisis but they have not even considered selling off their gold collection that was amassed over time and donated by locals.
County sheriff declared the theft as stealing a piece of their region’s history and pledged a USD 15,000 reward for information that may lead to the suspects’ prosecution. The two robbers are described as men in early 20′s wearing black shirts, shoes and blue jeans.
The theft became a subject of suspicion around town mainly because an alarm set on top of the case did not go off. The second alarm, on the sliding glass, is still functioning but it was not moved by the robbers anyway. Townspeople are inclined to believe there has been a terrible inside job.
Gold seems to be the soul of the region. In 1851, a mule packer first discovered the presence of local gold and since then, mines like King Solomon, Golden Eagle and Black Bear have thrived.
Most of the communities that belong to Mother Lode are understandably proud of their heritage so they want to display their collections for people to see. However, doing that comes with loads of risks that they have to be aware of.
The county treasurer said that they can use the insurance claim in upgrading the museum but this act does not seem enough to console the residents.
Black Hawk Mining Articles | Black Hawk Mining Bulletin Articles: Aus Mining Continues Growth
http://promotion.blackhawk-mining.com/2012/05/10/black-hawk-mining-bulletin-articles-aus-mining-continues-growth/
A recent survey conducted in Australia shows that although their mining sector is enjoying a boom, services sector is in an opposite condition. Most of the contraction was caused by a decline in new orders among the various players in the services sector while sales and prices also fell.
Just 2 out of 9 sub-sectors (namely, personal and recreational services and finance and insurance) included in the survey has grown during the month. The increased activity in the mining sector is not positively affecting the remaining sectors of the local market.
The chief executive of the Australian Industry Group (AI Group) said that the contraction in the services industry just shows how narrow is its base of development in the broad market.
Several stability in financial states abroad in a period of few months will be favorable for allowing consumer and business confidence to improve, resulting in a gradual increase in spending.
More than half of the world’s mining acquisitions in 2011 has involved projects located in US, Australia and Canada. Other buyers include China, India, Russia and Brazil, all of which increased their acquisitions by 42% since 2006.
In terms of gold, the average deal is valued at USD 41 million where a premium is almost 50%. Propelling the lucrative market is Australia with 15%, United States with 14% and Canada with 49%.
Considering the bigger picture of the industry, PwC seems to be expecting that this year will see record M&A valuations and volumes in the mining sector worldwide.
According to the company, sovereign wealth funds tend to have more advantage in winning transactions because of their low cost of capital.
PwC is assuming that non-miners like sovereign wealth funds, large pension funds and private equity might reassess their approach to the industry and begin to participate more in M&A
A recent survey conducted in Australia shows that although their mining sector is enjoying a boom, services sector is in an opposite condition. Most of the contraction was caused by a decline in new orders among the various players in the services sector while sales and prices also fell.
Just 2 out of 9 sub-sectors (namely, personal and recreational services and finance and insurance) included in the survey has grown during the month. The increased activity in the mining sector is not positively affecting the remaining sectors of the local market.
The chief executive of the Australian Industry Group (AI Group) said that the contraction in the services industry just shows how narrow is its base of development in the broad market.
Several stability in financial states abroad in a period of few months will be favorable for allowing consumer and business confidence to improve, resulting in a gradual increase in spending.
More than half of the world’s mining acquisitions in 2011 has involved projects located in US, Australia and Canada. Other buyers include China, India, Russia and Brazil, all of which increased their acquisitions by 42% since 2006.
In terms of gold, the average deal is valued at USD 41 million where a premium is almost 50%. Propelling the lucrative market is Australia with 15%, United States with 14% and Canada with 49%.
Considering the bigger picture of the industry, PwC seems to be expecting that this year will see record M&A valuations and volumes in the mining sector worldwide.
According to the company, sovereign wealth funds tend to have more advantage in winning transactions because of their low cost of capital.
PwC is assuming that non-miners like sovereign wealth funds, large pension funds and private equity might reassess their approach to the industry and begin to participate more in M&A
Black Hawk Mining Articles | Silver, Copper Mining could Save Haiti
http://promotion.blackhawk-mining.com/2012/06/17/silver-copper-mining-could-save-haiti/
Haiti’s copper and silver reserves in its hills are now up for an extensive exploitation by a Canadian corporation that has reportedly damaged the neighboring Dominican Republic.
Once this mining plan is authorized while Haiti is under foreign occupation, it could practically leave the country without its ecological, cultural and mineral wealth.
Moreover, concerns surrounding the mining venture have been raised as the operation calls for the construction of a deep-water port in the northeastern part of the country, posing a significant threat to their marine ecosystem.
The biggest water reservoir that is near the mining operations is at constant risk of cyanide contamination, adding to the reports that the firm has been previously accused of destroying Indian archeological sites by using dynamites on mountainsand.
Geologists of the United Nations have documented significant pockets of copper and gold in 1970s but at that time, foreigners were not willing to risk their money in an unstable and corrupt country.
Surprisingly, it was not after the 2010 earthquake that outside investment was encouraged and investors discovered a good opportunity. In fact, just 2 weeks after the catastrophe, a Canadian exploration company purchased all the stocks of the only Haitian company which has full permits in exchange for an area of land, practically appearing as a scam.
Three companies are already considering prospects of mining in Haiti but at present, only Somine has complete concessions to bring the metals out of the area. The said permits for 31 square miles were negotiated in 1996 during the presidency of Rene Preval and which required the company to hire Haitians.
According to the parties interested in the mining prospects:
“What we’re most excited about is that we found some silver which was never really realized before. It’s the first silver discovery in Haiti. Part of the reason why it was never really discovered was that historically there was so much copper prevalent — there’s a lot of outcropping at surface. The people who did the work before did not do much testing, even for gold. The geology is a little complex for a copper porphyry, but in a good way. The surprises that we’re getting are all good ones.”
At the end of the day, if Haiti could have a good administration and honest mining companies, it is still possible for it to move forward, said Black Hawk Mining Bulletin Articles
Haiti’s copper and silver reserves in its hills are now up for an extensive exploitation by a Canadian corporation that has reportedly damaged the neighboring Dominican Republic.
Once this mining plan is authorized while Haiti is under foreign occupation, it could practically leave the country without its ecological, cultural and mineral wealth.
Moreover, concerns surrounding the mining venture have been raised as the operation calls for the construction of a deep-water port in the northeastern part of the country, posing a significant threat to their marine ecosystem.
The biggest water reservoir that is near the mining operations is at constant risk of cyanide contamination, adding to the reports that the firm has been previously accused of destroying Indian archeological sites by using dynamites on mountainsand.
Geologists of the United Nations have documented significant pockets of copper and gold in 1970s but at that time, foreigners were not willing to risk their money in an unstable and corrupt country.
Surprisingly, it was not after the 2010 earthquake that outside investment was encouraged and investors discovered a good opportunity. In fact, just 2 weeks after the catastrophe, a Canadian exploration company purchased all the stocks of the only Haitian company which has full permits in exchange for an area of land, practically appearing as a scam.
Three companies are already considering prospects of mining in Haiti but at present, only Somine has complete concessions to bring the metals out of the area. The said permits for 31 square miles were negotiated in 1996 during the presidency of Rene Preval and which required the company to hire Haitians.
According to the parties interested in the mining prospects:
“What we’re most excited about is that we found some silver which was never really realized before. It’s the first silver discovery in Haiti. Part of the reason why it was never really discovered was that historically there was so much copper prevalent — there’s a lot of outcropping at surface. The people who did the work before did not do much testing, even for gold. The geology is a little complex for a copper porphyry, but in a good way. The surprises that we’re getting are all good ones.”
At the end of the day, if Haiti could have a good administration and honest mining companies, it is still possible for it to move forward, said Black Hawk Mining Bulletin Articles
Black Hawk Mining Articles | Republican House Psses new Mining Bill
http://promotion.blackhawk-mining.com/2012/07/18/republican-house-psses-new-mining-bill/
Republicans in the House of Representative have passed a bill that basically exempts silver, uranium, copper and gold mining on federal land from formal environmental assessment, consequently making it more difficult for environmental organizations to oppose new mining operations.
The HR 4402 bill passed the House by a 256-160 margin and was sponsored by Rep. Mark Amodei is the latest in GOP-led House string of favor for the industrial sector.
The bill called National Strategic and Critical Minerals Production Act was approved by the Republican House with 22 Democrats voting in favor of it after debates that it could be a false pro-people legislation.
According to Republicans, such changes are required to keep the US in pace with the world in terms of mineral production, which is seen as crucial not only to manufacturing industries but also to national security.
This particular bill will grant the government the power to use state assessments instead of the federal environmental review. This review will be limited to fewer number of months and will only be allowed for an extension if both the mining company and the government agreed on one.
Unsurprisingly, this development is greatly supported by mining companies that are vying for access to the US resources.
Its approval of the bill on Thursday will require government agencies to limit their decision-making periods in issuing mining permits to 30 months.
“The whole idea of the National Environmental Protection Act is that there would be an independent review that involves public input, input from all affected interests, and input from somebody who speaks for the land, and somebody who speaks for the trees,” Rep. Rush Holt said.
Seventeen minerals are generally considered as “rare earth” minerals that the bill would supposedly cover. Unfortunately, the bill appears to be vague about the coverage and could also be used on minerals in unrelated sectors.
“The bill we are considering today is so broadly drafted, where apparently sand and gravel and crushed stone are considered rare and strategic, that the majority actually appears to be trying to usher in a new stone age,” Rep. Edward Markey said.
The House approval will send the legislation to the Senate, but it is likely to get ignored. Meanwhile, Black Hawk Mining Bulletin Articles has already expressed its strong opposition against the bill due to its environmental implications.
Republicans in the House of Representative have passed a bill that basically exempts silver, uranium, copper and gold mining on federal land from formal environmental assessment, consequently making it more difficult for environmental organizations to oppose new mining operations.
The HR 4402 bill passed the House by a 256-160 margin and was sponsored by Rep. Mark Amodei is the latest in GOP-led House string of favor for the industrial sector.
The bill called National Strategic and Critical Minerals Production Act was approved by the Republican House with 22 Democrats voting in favor of it after debates that it could be a false pro-people legislation.
According to Republicans, such changes are required to keep the US in pace with the world in terms of mineral production, which is seen as crucial not only to manufacturing industries but also to national security.
This particular bill will grant the government the power to use state assessments instead of the federal environmental review. This review will be limited to fewer number of months and will only be allowed for an extension if both the mining company and the government agreed on one.
Unsurprisingly, this development is greatly supported by mining companies that are vying for access to the US resources.
Its approval of the bill on Thursday will require government agencies to limit their decision-making periods in issuing mining permits to 30 months.
“The whole idea of the National Environmental Protection Act is that there would be an independent review that involves public input, input from all affected interests, and input from somebody who speaks for the land, and somebody who speaks for the trees,” Rep. Rush Holt said.
Seventeen minerals are generally considered as “rare earth” minerals that the bill would supposedly cover. Unfortunately, the bill appears to be vague about the coverage and could also be used on minerals in unrelated sectors.
“The bill we are considering today is so broadly drafted, where apparently sand and gravel and crushed stone are considered rare and strategic, that the majority actually appears to be trying to usher in a new stone age,” Rep. Edward Markey said.
The House approval will send the legislation to the Senate, but it is likely to get ignored. Meanwhile, Black Hawk Mining Bulletin Articles has already expressed its strong opposition against the bill due to its environmental implications.
Subscribe to:
Posts (Atom)