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In the Mining World…
Historic Central City Gold Mine to Reopen
By Gargi Chakrabarty, Rocky Mountain News
June 24, 2005
After being shuttered for nearly 70 years, the historic Bates- Hunter
gold mine in Central City is being resurrected by a Minneapolis company.
Robust gold prices have prompted Wits Basin Precious Minerals Inc. to
invest about $1.2 million over the next year to open the mine and start
exploration for the precious metal.
The mine contains the Bates vein of gold, the second lode discovered
in Colorado, which helped spark the Colorado gold rush of the mid-1800s.
Wits Basin thinks the property could contain up to nine gold veins.
The veins in the nearby area historically have produced roughly 750,000
ounces of gold at about 600 feet below surface. The mine was closed
in 1936.
Parkway hits the jackpot; Highway from I-70 paved with profit
for Central City casinos
By Joanne Kelley, Rocky Mountain News
June 21, 2005
Central City's gamble to build a new road to win back casino fanatics
seems to be paying off. The tiny old mining town still has the smallest
piece of the state's limited-stakes gaming market. But the town already
has lured more than half a million cars up the four-lane highway that
feeds directly to its Main Street establishments from Interstate 70.
The extra traffic has meant big gains in casino revenues.
Another Chance? Town’s fate rides on question of restarting
Climax
By Gargi Chakrabarty, Rocky Mountain News
June 11, 2005
Roughly 14 miles northeast of this historic town, the Climax Molybdenum
mine slumbers at 11,300 feet along Fremont Pass… Its life has
tracked that of Leadville and Lake County, whose fortunes have been
closely tied to how much ore is pulled out of the mine.
Phelps Dodge Expanding Henderson, may restart Climax Moly Mine
Engineering & Mining Journal
June 2005
Climax Molybdenum… is investing $20 million to $24 million to
increase capacity at its Henderson mine and mill near Empire, Colorado.
Phelps Dodge also is evaluating a possible restart of the historic Climax
Mine near Leadville, Colorado.
Tom Hendricks Featured in Colorado Business
June 2005
There is a 7 page article about Colorado gold mining entitled “Heart
of Gold: Colorado” featuring Tom Hendricks operation at Caribou,
with a 2 page color picture of Tom down in the mine!
State shows support for Arapaho Project
Clear Creek Courant
March 16, 2005
The Colorado General Assembly passed a resolution supporting the Henderson
Mine as the future site for the National Underground Science and Engineering
Laboratory March 7.
New Book: “Rocky Mountains to the World: A History of
the Colorado School of Mines”
By Wilton Eckley, www.csmaa.mines.edu/alumni/history_book
2004