Melman on Gold & Silver
January 2005 by Leonard MelmanThe year 2004 feels much like the fabled month of March, entering like a lion, remaining stormy for much of the time, but exiting like a lamb. It is almost eerie how there has been a reduction of tension throughout the investment communities, both conventional and precious metals, in the past few weeks.
Our group of independent miners have been busy crafting a uniquely designed ladder/ore cart track from the bottom of an 85-foot mine shaft in a historical hard rock mine.
Down around 10 or 12 inches I hit a large cobble that appeared to be one type of hot rock for this area. I thought bad things about the new technology until I checked the rock.
Most prospectors learn early that pyrite is fool's gold...but the truth is it can be an excellent indicator mineral for gold and in many cases does contain small amounts of gold.
Tony Kelly and Ken Laster have dredged for gold in the Motherlode area for a number of years, and they decided to team up in 2004 and work together with Ken’s new 4-inch dredge.
• Hotline turns up the heat
• Mad Men arrested for living up to their name
Due to technical difficulties, the online version of the February 2003 issue of ICMJ is currently unavailable. Please know we are working on this and will get the February issue uploaded as soon as possible. In the meantime, please enjoy the other issues of 2003! Thank you for your understanding! —ICMJ
Governor Brian Schweitzer is calling on the Obama administration to force General Motors to honor its contract with a Montana mining company instead of going overseas to buy the precious metals used to control vehicle pollution.
The Bawl Mill • Convention Report • Interview with Congressman Gibbons on Mining Law Reform • The Art of Finding Coarse Gold Part II—Pocket Hunting for Residual Placers • Gold Canyon Resources Targets Gallium • Tucson Mountain Chaos • Picks & Pans: Auburn Ravine Gold • Suit Filed to Stop Mining in Northern California • Niobium and Tantalum • The Iola Mine Group, Montgomery County, North Carolina • Effectively Using a Detector and Drywasher for Placer Gold • Mining Companies Use Conservative Valuations • Company Notes • Accident at Robinson Mine Leaves Two Dead • Looking Back • Mining Stock Quotes and Mineral & Metal Prices