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Gold Garbage: Scams New & Old
October 2002 by Dr. Ralph E. Pray
Here’s what actually happened, described in the case file documents: Based on a precious metal assay certificate signed by a registered southwest assayer, the sellers, in consideration of the payment of over $53 million, transfer over 185,000 troy ounces stored in a warehouse to a company based in Norway. This document was signed and notarized in a southwest town, and was publicly distributed in 2001. Guess what?! The warehouse floor concrete may have a higher gold assay than the concentrates sitting above it valued at fifty-three million.Additional articles that might interest you...
Looking Back
July 2005
Excerpts from California Mining Journal, our original title, published 50 years ago this month.
Excerpts from California Mining Journal, our original title, published 50 years ago this month.
Basic Geology for the Independent Miner—Part III Understanding Plate Tectonics, Volcanism and Mountain Building
March 2006
The formation of gold, silver and many other types of deposits depends on a natural segregation of the elements from the earth, so that gold or silver (and other minerals) becomes enriched enough to form a valuable ore.
The formation of gold, silver and many other types of deposits depends on a natural segregation of the elements from the earth, so that gold or silver (and other minerals) becomes enriched enough to form a valuable ore.
Governor Tells Industry He Will Consider Tax Cuts
March 1999
Gov. Bill Owens announced to members of the mining industry that he would consider a proposal that provides significant tax reductions for mining companies.
Gov. Bill Owens announced to members of the mining industry that he would consider a proposal that provides significant tax reductions for mining companies.
Melman on Gold & Silver
January 2014
I must admit to taking some degree of pleasure in anticipating the excuse-making which will probably come out of the "Global Warming" camp to explain away a truly startling announcement.
I must admit to taking some degree of pleasure in anticipating the excuse-making which will probably come out of the "Global Warming" camp to explain away a truly startling announcement.
The Reason We Fight
July 2015
Joy was written on his face, holding up the nugget—his first ever nugget—that he and his grandpa dug up together.
Joy was written on his face, holding up the nugget—his first ever nugget—that he and his grandpa dug up together.
Excavator Testing Wet Placer Ground
April 2013
The excavator or backhoe has become the tool of choice for testing placer ground. These machines are the best way to explore and sample a placer deposit if the ground is not too wet or frozen and bedrock is not beyond the reach of the machine.
The excavator or backhoe has become the tool of choice for testing placer ground. These machines are the best way to explore and sample a placer deposit if the ground is not too wet or frozen and bedrock is not beyond the reach of the machine.
Tales of California Gold Discoveries 3rd in a Series—Bloody Nick The Miner
November 2005
“Bloody Nick,” as he was known, arrived in California in 1850. From his name, there were those who thought him to be a big man, but instead, he was a small thin man, fifty-six years of age.
“Bloody Nick,” as he was known, arrived in California in 1850. From his name, there were those who thought him to be a big man, but instead, he was a small thin man, fifty-six years of age.
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