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De Beers Undergoes Overhaul

Behind every diamond engagement ring, every diamond earring, every glittering, multicarat expression of true love once loomed the shadow of De Beers, the cartel that controlled—and, some argue, created—the international diamond industry.

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Picks & Pans: Selecting a Gold Dredge


I have made my living gold dredging for the past 25 years, and I am often asked how someone should choose their first, or next dredge. There are many considerations, and I hope to save you time and aggravation by sharing with you what I have learned.

Melman on Gold & Silver


Recent reports could be pointing toward a genuinely important change in direction for the American economy and it is a change that could be positive for the precious metals over time.

Are There Any Good Prospects Left?


This type of thinking will get you discouraged pretty fast, and soon all of your mining equipment will be found gathering dust in your garage.

The Next Crisis For America


America’s reliance on foreign imports for minerals and metals continues at an alarming rate. The US Geological Survey reported that the US imported $132 billion in nonfuel minerals and metals in 2006.

Melman on Gold & Silver


When I was a college student, I remember participating in a huge religious rally and the theme song, sung by hundreds of participants, had this repeating line: “I ain’t-a going to study war no more...” Those days surely are gone as headline after headline now shouts out at us that we had indeed better study and prepare for war.

The Mountain Gate Mine


The Foresthill Divide in Placer County, California, has underneath its present surface a multitude of buried river channels, most of which paid enormously well in the Gold Rush years of 1850 to 1890.

Update On “Special Rock” Kicking


Bob “Neverquit” Abendschein’s article on his “Special Rock” in the December 2006 issue was short and to the point. As Neverquit and I are old friends, I sent him e mail:

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