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|Articles - October 2010|
|Tuesday, September 28, 2010|
Suction dredging is a mining technique by which riverbed gravel is removed by a gas-powered machine, sifted for bits of gold, and released back into the river. Both sides cite conflicting evidence as to whether it is harmful to wildlife in river habitats. U.S. Forest Service geologist Greg Visconty, based in Portland, says the high price of gold (about $1,200 an ounce) in addition to a temporary ban on suction dredging in California is driving the increase in mining in the Rogue, Chetco and Illinois rivers. According to the Oregon Department of Environmental Quality, dredging permits in the state rose from 934 in 2009 to 1,205 this year.
The general mining act of 1872 establishes the individual right to mine. The anti-mining contingent is trying to protect the rivers by stopping further mining claims. The Forest Service, trying to accommodate both sides, has restricted dredging equipment size to reduce potential harm.
The most contentious point right now is how much mining can be done under current laws, which allow mining in wilderness areas if the claim was awarded before any wilderness protection. Most miners mine recreationally or for supplemental income. Robert Stumbo, owner of the Armadillo Mining Shop in Grants Pass, says most of his clientele are struggling to make ends meet in a county with high unemployment.
But Seattle developer David Rutan’s company, Chetco River Mining and Exploration, has bigger plans for its claims on the Chetco. Chetco River Mining has built a group of cabins on the Little Chetco River to attract prospector-tourists and proposes to commercially mine one of its claims in the Kalmiopsis wilderness area. Rutan’s plans have environmentalists up in arms. “He can’t do this legally,” Pete Frost of the Western Environmental Law Center of Eugene says of Rutan’s proposal.
“It’s not an antiquated law, it’s been updated several times,” Rutan says of the 1872 mining law’s legitimacy. “The law speaks for itself.”
The Forest Service currently is assessing Rutan’s claim in the Kalmiopsis. If the claim is deemed profitable and was filed before the Oregon Wilderness Act of 1984, Rutan will have the right to mine.
“Whether it takes five or 10 years, we’ll get it through,” Rutan says. “It’s immaterial how long it takes or how much it costs.”
Thursday, July 24, 2014
BY LINDA BAKER | OB EDITOR
Remember the naysayers? Those who called the South Waterfront aerial tram a boondoggle? Those who rejoiced at the massive sell off of luxury condos at the John Ross and Atwater Place?
Thursday, July 24, 2014
BY CLIFF HOCKLEY | OB GUEST CONTRIBUTOR
With the increasing retirements of Baby Boomers, a massive real estate shift has created a significant increase in demand for NNN properties. The result? Increased demand has triggered higher prices and lower yields.
Tuesday, July 01, 2014
BY HANNAH WALLACE | OB BLOGGER
Demand for organic food continues to soar: Last year, sales of organic food rose to $32.3 billion — up 10% from 2012. In Oregon, organic produce wholesaler Organically Grown Co. has been championing organic growing methods for four decades.
Friday, July 18, 2014
BY JASON NORRIS | OB GUEST CONTRIBUTOR
Back in May, we shared a common Wall Street quote about investing, “Sell in May and go away.” Fast forward to July and the most common question we have been getting from clients is, “When is the market pullback going to occur?”
Monday, July 14, 2014
BY TERRY "STARBUCKER" ST. MARIE
I really didn’t know that much about angel investing, but I did know a lot about the entrepreneurial spirit.
Tuesday, July 08, 2014
BY LINDA BAKER | OB EDITOR
The New Yorker recently published a sharply worded critique of “disruptive innovation,” one of the most widely cited theories in the business world today. The article raises questions about the descriptive value of disruption and innovation — whether the terms are mere buzzwords or actually explain today's extraordinarily complex and fast changing business environment.
Update: We caught up with Portland's Thomas Thurston, who shared his data driven take on the disruption controversy.
Monday, July 07, 2014
BY TOM COX | OB BLOGGER
Named after the 2010 experiment by Thomas Ryan, "Robin Sages" are fake social media profiles designed to encourage linking and divulging valuable information.
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