The New California Gold Rush

The gold rush is back on in California. On my way back from Lake Tahoe recently, I saw that every bend of the American River was dotted with hopeful amateur miners, looking to make a windfall fortune.

Weekend hobbyists were there panning away from the banks, while the hardcore pros stood in hip waders balancing portable pumps on truck inner tubes, pouring sand into sluice boxes. A sharp-eyed veteran can take in $2,000 worth of gold dust a day. The new 2011’ers were driven by a record price of gold at $1,550 and the attendant headlines, but also by unemployment, and recent heavy rains last winter that flushed huge new quantities of the yellow metal out of the High Sierras.

They were no doubt inspired by the chance discovery of an 8.7 ounce nugget in May near Bakersfield, worth an impressive $10,000. Local folklore says that the Sierra’s have given up only 20% of their gold, and the remaining 80% is still up there awaiting discovery. Out of work construction workers are taking their heavy equipment up to the mountains and using it to reopen mines that have been abandoned since the 19th century.

The US Bureau of Land Management says that mining permits in the Golden State this year have shot up from 15,606 to 23,974. Unfortunately, the big money here is being made by the sellers of supplies and services to the new miners, much as Levi Strauss and Wells Fargo did in the original 1849 gold rush. Of course, they could much more easily buy the Spider Gold Trust Shares ETF (GLD), but it wouldn’t be as much fun. The gold rush is back on in California. On my way back from Lake Tahoe recently, I saw that every bend of the American River was dotted with hopeful amateur miners, looking to make a windfall fortune.

Weekend hobbyists were there panning away from the banks, while the hardcore pros stood in hip waders balancing portable pumps on truck inner tubes, pouring sand into sluice boxes. A sharp-eyed veteran can take in $2,000 worth of gold dust a day. The new 2011’ers were driven by a record price of gold at $1,550 and the attendant headlines, but also by unemployment, and recent heavy rains last winter that flushed huge new quantities of the yellow metal out of the High Sierras.

They were no doubt inspired by the chance discovery of an 8.7 ounce nugget in May near Bakersfield, worth an impressive $10,000.

California Bureau Of Mines - News


The New California Gold Rush
The New California Gold Rush

Out of work construction workers are taking their heavy equipment up to the mountains and using it to reopen mines that have been abandoned since the 19th century. The US Bureau of Land Management says that mining permits in the Golden State this year



Geothermal industry faces challenges as exploration widens

The Nevada Bureau of Mines and Geology estimates that geothermal production revenues could total $1 billion a year in Nevada in the next couple of decades, and geothermal resources could meet 35 percent or more of the state's needs for electricity.



Spokane Tribe members worked gladly in uranium mines

“It's basically as hot as any of the ore,” said Connolly, who worked for the US Bureau of Mines before being hired by the tribe. “Now we're trying to figure out what to do with it. The company suggested putting it on the ground.



Scenic places in California make for cheap vacations

The most popular is the flume trail, used to transport timber to the mines in Virginia City, Nev., in the 1850s and 1860s. "Really, when you look at Tahoe (and) at the natural environment," she said, "it is really conducive to college students who are



Colorado River Agencies Urge Caution on Uranium Mining Near Grand Canyon

In a letter to the US Bureau of Land Management, the Lower Colorado River Water Partnership expressed concern that the draft environmental study for a plan that could allow uranium mining near the Canyon does not address worst-case scenarios should




United States Department of Interior: News.bytes, issue 484 - BLM ...

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THIS WEEK IN NEWS.BYTES:

- Wildfires and prevention
- America's Great Outdoors
- Get outdoors tip of the week
- Not for educators only: Wildlife trivia question of the week
- Wild horses and burros
- Headlines and highlights: Assorted topics from your public lands in California
- Meet your advisory council members
- Selected upcoming events
- National BLM and Department of the Interior items
- Wildlife stories from your public land

WILDFIRES AND PREVENTION
Firefighters from across the U.S., including California, are battling wildfires in Arizona and Texas -- including the "second largest wildfire in Arizona history."

"Arizona fires: Wallow Fire continues to grow" (The Arizona Republic, 6/8/11)
"The fire, growing by the hour, leapt farther north Tuesday and has now consumed about 389,000 acres, with at least 11 structures burned and 588 more threatened by the flames ...


California Bureau Of Mines - Bookshelf

Bulletin (United States. Bureau of Mines)

Bulletin (United States. Bureau of Mines)

The Bureau of Mines in its health investigations seeks to cooperate with the ... Commission of the State of California, and the Federal Bureau of Mines. ...

Minerals yearbook / prepared by the staff of the Bureau of Mines. Washington

Minerals yearbook / prepared by the staff of the Bureau of Mines. Washington

1State Mineral Officer, Bureau of Mines, Reno, NV. 2State geologist, California Department of Conservation, Division of Mines and Geology, Sacramento, CA. ...

Mining in California

Mining in California

Quarterly of the Colorado School of Mines. April. 1922. University of California . Department of Geological Sciences, Vol. 13 — No. li — Geology of the ...

Science

Science

WORK OF THE BUREAU OF MINES Dr. FG Cottrell, director of the Bureau of Mines, ... He was deputy supervisor for the California State Mining Bureau, ...

Engineering and mining journal

Engineering and mining journal

AA Krogdahl, mining engineer of US Bureau of Mines, for the past two years engaged in giving training In mine rescue and first-aid work, In California ...

Guide One Directory


Records of the U.S. Bureau of Mines
Records of the U.S. Bureau of Mines in the holdings of the U.S. National Archives and Records Administration. From the Guide to Federal Records in the National ...

California bureau of mines and geology
California bureau of mines and geology:Succeeded They Plunged Lafayette new jersey municipal Sunken Hulk At The Pulling Into The Kerb.

Mine Reclamation - Abandoned Mine Lands
Award from the federal Bureau of Land Management. For more ... AMLU estimates of the number of abandoned mines in California include the following: ...

Amazon.ca: MINE: Books
Bulletin by United States Bureau of Mines (Paperback - Aug 2009) ... Reports (Volume 9) by Missouri Bureau of Geology and Mines (Paperback - Oct 2010) ...

Denib Mine, San Bernardino Co., California, USA
... OTHERS, 1984, MINERAL RESOURCES OF THE Deposit:: PROVIDENCE MOUNTAINS STUDY AREA, SAN BERNARDINO COUNTY, Deposit:: CALIFORNIA: U.S. BUREAU OF MINES...