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Melman on Gold & Silver
July 2004 by Leonard Melman
The 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...Mining for Gold and Sapphires in Montana
Fascinated by the sapphires—and the gold that occured with them—he was soon buying parcels of property and setting up his own commercial-scale gravel processing plants.
Persistence Leads to Over a Pound of Gold
I have figured out over the years that the winning combination is hard work, persistence, knowledge, and a little luck. This leads me to describe one of my best finds ever, a “honey hole” of placer gold, if you will.
Synclinal Oil
Most oilfields are found in anticlinal faults, or stratigraphic traps. Oil floats on water, so that it will rise to the highest point possible, above the water. If the porous or fractured sandstone or limestone that contains the oil is overlain by impervious shale, the oil can no longer rise. If the porous bed is arched upward...
Stimulus Package Provides Potential Tax Savings For Miners
The American Recovery and Reinvestment Act of 2009, a nearly $800 billion stimulus package, includes nearly $300 billion in potential tax savings. Every prospector, miner and mining operator can share in over $75 billion in tax benefits for 2009 and 2010.
Guest Editorial—Globalizing Mining in America, Part II
Defeating the Biodiversity Treaty
The Carson City Mint
In the early 1860s, the rich mines of Virginia City and the surrounding area were pouring forth millions of dollars in gold and silver each year. Additional mines located at White Pine, Aurora, Humboldt and other Nevada locations were also yielding millions in gold and silver.
Scams, Scammers and Schemes
Gold mining has received many black eyes from many scams, scammers and schemes throughout the years. Unscrupulous scammers have swindled naive people for millions of dollars in the past and will, no doubt, continue into the future.
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