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Melman on Gold & Silver
September 2008 by Leonard Melman
...one of the hallmarks of the past month has been a series of incredibly swift reversals that have shaken virtually every market we follow. From the end of July through mid-August, both precious and base metals have fallen sharply; the petroleum complex has likewise come under heavy selling...Canadian Company Recovers 1,111-Carat Diamond
It is the second largest gem-quality diamond in history, after the 3,106-carat “Cullinan Diamond” was recovered in South Africa in 1905.
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Critical Minerals Update
The critical metals are essential to the modern lives we lead. The prices of critical metals are moving up even faster than government published rates of inflation, with little sign of slowing down.
Discovery of the Mountain Pass REO Deposit
How does one go about discovering a rare earth oxide (REO) deposit when he is not familiar with the rare and unusual rocks and minerals that are found in such deposits? That was the case at Mountain Pass, California, yet the deposit was eventually discovered and mined.
Targeted for a Tax Audit
Although the risk of a federal tax audit remains low, thanks to the Internal Revenue Service’s secret audit selection process every prospector, miner, and mining-related business owner has good reason to fear an audit, but only if they are not prepared.
Ask the Experts
Q: Can a voltmeter be used to determine the type of metal/mineral present in soil?
Silver Peak, Nevada: A Little of Everything
Silver Peak is a small mining community in Esmeralda County in west-central Nevada, about 30 miles west of Goldfield. Although it’s fairly remote, it’s been an important mining center since the early days.
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