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.
• Setback in California suction dredging fight
• Appeals court hears arguments on forest roads rule
• States push back on firearms
In the old days, each miner staked his claim, and in lode prospecting, the end result was often that one mining company grew up out of each of those individual claims and several different mining companies would often be working on...
I studied prominent terrain features and debris fields, located and followed high water lines and marked the newest flood lines left behind by the intense April storms.
During the great uranium rush of the late 1940s, thousands of prospectors spread out all over the western United States sampling rock outcrops for traces of radioactivity.
A federal judge found mining companies liable for at least some of the costs of cleaning up pollution of Idaho’s Silver Valley from a century of mining.
I had a chance to visit the operation in person and talk with Neal. I was very impressed and I think our readers could learn a lot about building up a commercial placer operation from scratch…
Q: Do you know of any processing plants that can extract rare earth metals?
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