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.
Over one hundred years ago, gold mining in California saw a radically new method tried out in the major rivers of the Central Valley. Large gold dredges floated lazily but noisily on the waters, bringing up the rich gravel from deep below. With none of today’s environmental restrictions on such methods, the landscape was reworked into a maze of patterns along the rivers.
• Congress hits an all-time low
• FEMA—Federal Emergency MISmanagement Again...
• But everyone else is doing it...
Assailants armed with arrows, spears and machetes killed a Scottish-born geologist in an apparent dispute over mining rights in southeast Kenya.
Most developmental ideas grow from the reluctance of some individual to participate in hard work, so I can only say that I must think better in a reclining position.
It is likely that few tourists passing through the crowning glory of the Canadian Rocky Mountains in northeastern British Columbia would be aware that this spectacular region is the focal point of the search for one of earth’s most intriguing metals—tantalum.
Within the first 3 hours he and I had found pocket after pocket of gold and couldn't wait to tell Levi of our treasure.
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