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Increase in Silver Demand by Photography Industry
April 1999 by Associated Press
Washington—The use of silver by the photographic industry worldwide is projected to increase 10 percent over the next five years for photographic applications ranging from amateur snapshots to medical X-rays and motion pictures, according to a new report published in the Silver Institute's Silver News.Melman on Gold & Silver
No single factor has been as important in the control of inflationary pressures over the past few years as the decline in commodity prices. As long as the cost of raw materials was declining, industry was able to produce goods with minimal increases in price.
Company Notes
• CoreMarkets.com
• Canyon Resources Corp.
• X-Cal Resources
• Homestake Mining Company
• Pan American Silver Corp.
Ivanhoe Partners With Rio Tinto
Ivanhoe Mines announced that Rio Tinto will invest $1.5 billion to engineer, construct and operate Ivanhoe’s Oyu-Tolgoi copper and gold project in the South Gobi region of Mongolia.
Washington Gold & Fish Update
Washington’s mineral prospecting regulations, adopted Jan. 1999, have indeed caused great chaos for those who enjoy the hobby and also those who were accustomed to making a living by operating larger (8”) dredges. The discussion within the miners’ network has not decreased; at best it is a slow simmer.
Metal-Mineral Identification Utilizing a Detector
Seldom is a metal detector used for ore sampling today. Nevertheless, this procedure still works as all BFO and VLF detectors have a non-conductive mineral zone and a conductive metal zone with a neutral null zone between them.
Gold Rush in the Congo—Part II
We needed something to cook on, so we brought most of our kitchen with us including our full-size oven, which was pretty funny to see in the middle of a rainforest. Food was always a concern, but fortunately for us...
Melman on Gold & Silver
All of these negatives have finally begun to erode bullishness on Wall Street and the financial markets began to look wobbly at best and dangerously weak at worst.
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