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Melman on Gold & Silver
April 2005 by Leonard Melman
The entire petroleum complex has once again taken center stage in the world’s financial markets as prices for crude surged to near all-time highs at $55 per barrel and associated products such as heating oil and unleaded gasoline (see chart analysis below) soared through previous peaks. What made these new rallies so remarkable...Legislative and Regulatory Update
• Resolution Copper project moves closer to fruition in Arizona
The Hunt for Remote Canyon Gold
A large, 8-pennyweight piece popped out of a very small crevice where the water had been extremely swift in the winter, leaving no visible gravel.
Mongolia Tax May Chase Off Investment
The gold and copper deposits at Oyu Tolgoi, or “Turquoise Hill,” are among the largest ever found and could give impoverished Mongolia its biggest boost since it abandoned communism 15 years ago—if the Mongolians can figure out how to profit from it.
Gold Rush Continues in Africa
…some miners are doing exceptionally well… with a few obtaining amounts estimated in the millions of dollars.
Ten Detecting Tips for the Savvy Desert Prospector
Prospectors who specialize in nugget detecting are especially interested in this special desert type, as it produces nuggets that are close to the surface of the ground and therefore more suitable to be found with a detector.
PGMs in California
The occurrence of platinum-group metals (PGMs) is rather widespread in California in placer deposits, but they are not of commercial interest as things now stand.
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