Melman on Gold & Silver
July 2004 by Leonard MelmanThe greatest headline maker of the past month was not a person, not a war, not a nation and not a political contest. Instead, that honor belonged to a gooey, flammable, black substance called petroleum as it shot through $42.00 per barrel...
• Bill introduced to repeal RAT
• Rock Creek — Alaska
• Rock Creek — Montana
SB 765...would tax suction gold dredgers by charging a $50 annual fee for in-state dredgers and a whopping $2,500 fee for out-of-state dredgers for each county where the miner intends to dredge.
There are a number of "gold belts" and portions of belts, which cut north-eastwardly across the Piedmont and Blue Ridge provinces of Georgia. The most prominent is the Dahlonega Belt, which extends from Alabama to North Carolina.
Most dry washers have a feed rate adjustment. It needs to be set so that the material flows evenly over the riffles and does not bury them.
The not-so-silent partner of every small or large mining operation and business, Uncle Sam, has quite a bit to say about how safe the operation should be and how it should operate safely. Although the government rarely funds the rules and regulations that businesses are required to comply with, some relief can often be found in our tax laws.
There are several news items of interest here at ICMJ’s Prospecting and Mining Journal.
The Bawl Mill • Mining Claim Fees Are Going Up • Our Readers Say • Buell Park Pipe, Arizona • Mines and Money • Understanding Hard Rock Mining: Terms and Methods—Part II • Two Nevada Mines Look to Supply Own Power • Paleontonlogical Resources Preservation Act • Picks & Pans: Mexican "Edventure" • Over the Divide • Flat-Fault Gold in Sonora, Mexico • Looking Back • The Fern Mine • Map Offers Look at Butte's Mining History • Gold in China • 2004 National Mining Hall of Fame Inductees • Mining Stock Quotes and Mineral & Metal Prices