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Deadly Storms May Expose Gems in Sri Lanka

Floods and landslides that struck Sri Lanka several months ago, killing 266 people, may bring a windfall for miners. The movement of tons of soil and rock is believed to have unearthed new gems according to local industry workers.

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Four Arrested for California Mining Museum Heist


Four men believed to be responsible for a September heist of about $1.3 million in precious gems and gold from a mining museum in the Sierra Nevada foothills have been arrested, the California Highway Patrol (CHP) said.

Melman on Gold & Silver


Another area of growing international concern for business and industry is the recent astonishing proliferation of new government regulations and laws. Despite the presumably good intentions behind these measures it is now becoming apparent that they are imposing true costs  to our economic society. The sheer variety  of these laws and regulations is mind-boggling.

Melman on Gold & Silver


As many long time readers know, one of my favorite sayings is the Asian expression, "May you live in interesting times." We sure do and if you didn't believe it before, just consider the latest word from the international markets.

Philippines Asks Foreigners to Invest in Mining


Philippine President Gloria Macapagal Arroyo and other officials urged international businesses to invest in the country’s mining industry after the Supreme Court cleared the way for foreigners to fully control mining operations in the country.

Legislative and Regulatory Update


• Administration won't appeal latest ruling on Roadless Rule
• Improved forest management plan by year's end
• IBLA rules in favor of Cortez Gold Mine and BLM

Pocket Gold in Gneiss


Metamorphic rocks such as gneiss and schist are known for their pocket gold deposits. Such pockets may not be large enough for major mining operations, but may be very rewarding for individuals or small companies. Gold-bearing quartz veins may cut gneiss or schist, but often the veins parallel the bedding, or foliation. The origin of mineralized veins, which parallel the foliation, has been kicked around for years.

The Bawl Mill


• Reality show or reality?
• Big brother pays well...
• "Less is more" is really less

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