Melman on Gold & Silver
February 2005 by Leonard MelmanMost American markets greeted the first few trading days of the new year with substantial selling. Compared to their 2004 year-end levels, by January 11, the Dow Jones Industrial Average had declined almost 300 points, the NASDAQ Composite had fallen from 2,185 to near 2,080 while the S&P 500 had dropped from 1,217 to 1,183.
Rogue miners in South Africa are looting underground mines, sometimes traveling over one-thousand feet down to extract gold, reported Reuters and several other sources.
There are literally hundreds of dry placer deposits in the Sonoran and Mohave Deserts of western Arizona. Many of these placer gold deposits are not described in any published books, bulletins, or reports, though placer gold enthusiasts know where...
My partner had the contacts and it wasn’t long before we had an agreement in place and the company had a geologist on site. I recall a time when he was getting the lay of the land, so to speak, and he broke off a rock sample and inspected it with his magnifier.
People have been looking for gold in every manner possible since the big gold boom in 1849, so what chance do we have of getting anything in today’s world where literally thousands of prospectors and fortune seekers have been before us?
Keeping a health clinic in San Manuel operating was among key concerns the governor, state lawmakers and union officials addressed in a meeting about assisting laid-off copper miners.
The Nevada Historical Society's "This Was Nevada" Series
The Bawl Mill • Shortage of Mining Engineers Projected • Ex-MarketWatch Mining Promoter Settles Charges • Carbonatites • Sage-Grouse Listing Denied • The Art of Finding Coarse Gold—Part III • Tongass Approves Kensington Mine Plan • PLP Interim Rule Raffle • California Miners Locate Rich Pocket of Specimen Gold • The Lucky Shot Mine • BC Premier Heralds "Golden Decade" in Forestry and Mining • Drywashing for Eluvial Gold in the Desert—Using a Portable Drywasher and Hand Tools • Claim Filings Up in the Northwest • Canadian Officials Foresee Little Impact From Mine • Coeur d'Alene Mines Sees Future in Bolivia • The Golden Highway—Nevada County • Mining Stock Quotes and Mineral & Metal Prices • Looking Back