Home Must Reads Eastern Oregon gold mine planned

Eastern Oregon gold mine planned

| Print |  Email
Must Reads
Wednesday, July 25, 2012

Colorado-based Calico Resources plans to excavate $2 billion worth of gold outside of Vale in Eastern Oregon.

“I kind of scratch my head from time to time,” [Arden “Buck” Morrow] said, “because when you go out there you don’t see anything that just jumps out at you that says, ‘Oh, this may have gold in it.’"

But more than 20 years of prospecting and $30 million-plus of research by multiple companies says otherwise, and Morrow, the president and CEO of Colorado-based Calico Resources, is planning to extract it. This month, Calico became the first company in Oregon in 17 years to receive approval to move forward with permitting of its mining operation.

Permitting will take a couple of years yet, but construction of the mine and processing facility eventually will pump between $50 million and $100 million into the local economy.

Read more at The Daily Journal of Commerce.

{biztweet}gold oregon{/biztweet}

 

More Articles

Gender Code

September 2014
Tuesday, August 26, 2014
BY COURTNEY SHERWOOD

Janice Levenhagen-Seeley reprograms tech.


Read more...

Knight Vision

October 2014
Thursday, September 25, 2014
BY VIVIAN MCINERNY

Travis Knight wants to release a movie a year. Can he pull it off?


Read more...

Private liberal arts education: superior outcomes, competitive price

Contributed Blogs
Tuesday, August 26, 2014
0826 thumb collegemoneyBY DEBRA RINGOLD | OP-ED CONTRIBUTOR

Why has six years become an acceptable investment in public undergraduate education that over-promises and underperforms?


Read more...

Poll Wrap-Up

News
Friday, August 15, 2014

2014 NewPoll-report-newsletterthumbIn this week's poll, we asked readers: "Who should pay for the troubled Cover Oregon website?" Here are the results.


Read more...

Podcast: Testing for Emotional Intelligence with John Hersey

Contributed Blogs
Friday, September 19, 2014
ivbU3sIXBY TOM COX | OB BLOGGER

How can you tell if you, a peer, a subordinate or a job candidate has the emotional intelligence needed to do well?


Read more...

Green Endeavor cleans up

News
Wednesday, August 06, 2014
080614 ULnew greenendeavorBY LINDA BAKER | OB EDITOR

Portland startup Green Endeavor strikes gold, inking a partnership with Underwriters Laboratories, an Illinois-based consulting and certification company with offices in 46 countries.


Read more...

College Hacker

September 2014
Wednesday, August 27, 2014
BY KLINT FINLEY

Treehouse CEO Ryan Carson builds a 21st-century trade school.


Read more...
Oregon Business magazinetitle-sponsored-links-02
SPONSORED LINKS