Melman on Gold & Silver
May 2004 by Leonard MelmanA very famous quote that appears particularly relevant to the past month is one attributed to former British Prime Minister Harold MacMillan. When asked what could most easily derail a government, he replied, “Events, dear boy, events.” We certainly had events in abundance this past month.
It's not THE Hope Diamond, but a half-carat yellow gem worth up to $700 will fit that bill for an elementary school student from, where else, Hope.
The miners offer the still-beating hearts of four freshly-sacrificed llamas to a statue of the fiendish god “El Tio,” who they believe affords them protection and good luck.
• California suction dredging
• HR 2262
• Alaska Governor blasts state habitat division
• Laws proposed and reviewed in Washington State
• Comments needed on California's arsenic goals
• New explosives requirements
• Bill introduced to curb ESA abuses
The majority of the gold produced in Goldfield has come from ores that are close enough to the surface to be oxidized by the air. This oxidized ore is normally a soft, shattered, earthy material usually stained yellow to brown by oxides of iron.
The Northern Territory has about six hundred proven gold deposits and has produced nearly 12 million ounces with a further 15 million ounces to be recovered. While the early hard rock miners were eventually blocked by water flows...
• Congress deals with other priorities
• Alaska miners get relief on state lands
The Bawl Mill • Economic Analysis on Critical Habitat for Bull Trout • Prospecting for Copper • US Mining Industry Outlook Brighter • Gold in the Chinle Formation • Gold Dredgers Rescue Threatened Fish • Gold Mine Plans Upheld in Lawsuit • DOI Computers Back Online • Picks & Pans: Nuggets by the Dozen in Alaska • Historical Mining Methods • The Elusive Mother Lode • Clarence King, Geologist • Mining Stock Quotes and Mineral & Metal Prices