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To: IngotWeTrust who wrote (66124)	3/19/2001 10:13:52 AM
From: goldsheet	Respond to of 116764

> I wish to disabuse you of your assessment that the US Ton and the Long Ton are the same Both of which are different from a metric tonne (1000kg) commonly used in the mining industry. Long ton = 2240 pounds Short ton = 2000 pounds Metric ton = 2204.623 pounds

To: IngotWeTrust who wrote (66124)	3/21/2001 8:36:26 AM
From: lorne	Read Replies (1) \| Respond to of 116764

DJ Bush Proposes Rollback On Mining Law WASHINGTON (AP)--The Bush administration will propose suspending new environmental regulations on hardrock mining that were imposed on President Clinton's last day in office over industry objections. The Interior Department's Bureau of Land Management will announce Wednesday it is reopening the so-called revised 3809 regulations giving the government new authority to prohibit new mine sites on federal land, The Associated Press learned. The restrictions would remain in effect until July when the BLM anticipates publishing new regulations the could lift the prohibitions. "People have raised concerns about the new rules on both policy and legal grounds," acting BLM Director Nina Rose Hatfield said in a statement obtained Tuesday night by the AP. "If there are legitimate issues which need to be addressed, we should do so sooner rather than later." The regulations require miners of gold, silver, uranium, copper, lead, zinc and molybdenum on federal claims to post a bond guaranteeing they will clean up after themselves. The reclamation bond must be equal to 100% of the estimated cleanup cost. Previously, mines disturbing less than five acres per year did not have to provide a cleanup bond and companies could pledge their own assets instead of putting up a cleanup bond. The new regulations also give BLM's land managers the right to deny a mining permit under some circumstances and to enforce standards for assuring that groundwater supplies aren't contaminated. Hatfield pointed to four lawsuits challenging the 3809 regulations. "We want to avoid creating disruption and uncertainty for the industry, the states and the BLM which jointly regulate the mining industry, and the public," she said. "It would be better to address these concerns now in a thorough review rather than have a partial implementation which may be delayed or subsequently stopped." Mining industry officials welcomed the move while environmentalists condemned it. John Grasser, a spokesman for the National Mining Association, said the regulations went beyond any law enacted by Congress. The association is one of the groups that had challenged the regulations in court. "They're doing the right thing; it's a commonsense approach," Grasser said. Lexi Shultz, a staff attorney for U.S. Public Interest Research Group, said the administration has again "caved to special interests and put the environment at risk." "Mining companies often go bankrupt and that means they often walk away leaving a mess that later become Superfund sites," she said. (END) Dow Jones Newswires 21-03-01 thebulliondesk.com

To: IngotWeTrust who wrote (66124)	3/21/2001 11:27:12 AM
From: long-gone	Respond to of 116764

Just got this -----Original Message----- From: Ken Booth <kbooth@bemagold.com> Date: Wednesday, March 21, 2001 8:59 AM >Bema does not have any hedging in place for its existing production. > >Thank you