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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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Aussie Gold—A Look at the Northern Territory


The Northern Territory has about six hundred proven gold deposits and has produced nearly 12 million ounces with a further 15 million ounces to be recovered. While the early hard rock miners were eventually blocked by water flows...

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Prospecting Australia—Part III Anatomy of a Nugget Patch in Western Australia


One of the most memorable nuggets I found in Australia was detected on the very last day that I was out prospecting. I was going along swinging my coil and I came across a blaring loud signal that almost blew my ears off.

Guest Editorial—Vertical Disintegration


Since the New Deal of the 1930s, government has grown increasingly proficient at squeezing—not extra profits—but individual freedoms from the very people they are empowered to protect. By first taking our money in the form of taxes, the government then offers to return some of it, but only if it is used for the purposes dictated by the government.

Melman on Gold & Silver


We are now seeing declines in gold followed quickly by rallies to new relative highs while powerful stock market rallies are met with aggressive new selling. Whether this pattern will continue into the future is debatable, but it certainly is a welcome background for the much-battered world of precious metals investing.

A Modern Day Prospector’s Story


My first encounter with rocks and minerals started as a young child in the company of my siblings investigating the rocky mounds placed around the Australian coastline to help prevent erosion just north of Brisbane...

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