Melman on Gold & Silver
April 2004 by Leonard MelmanThis past month certainly had its share of attention-grabbing headlines starting with the overwhelming wins by (presumed) Democratic Presidential Candidate John Kerry of Massachusetts. He effectively swept aside all opposition in a series of Democratic primary election wins from the Atlantic to the Pacific.
Continuing northward and crossing the Consumnes River along California’s famed Highway 49, the “Golden Highway” leads through the heart of the Mother Lode countryto El Dorado County. This is where the Gold Rush began...
-- “I especially enjoyed the October 2015 issue...”
-- “...about investing in gold and silver.”
-- “...reprint of my article...”
Well, the year 2013 is now underway and we have surely entered the “Brave New World” that has followed the election of 2012. From my personal point of view, and I might add, unfortunately, this year and the ones following are beginning to appear that they will turn out to be quite similar to the preceding period.
“Why is so much public land closed off to the recreational miner?”
The total after a great day added with the previous days put them up to 9.07 pennyweight—just under a one-half ounce of beautiful California gold.
Falling metal prices and rising production costs have squeezed profits in recent months, forcing many mine layoffs and putting some new mines on hold. Now, the industry is gearing up for another fight over mining reform legislation with a Congress that has fewer mining supporters after November’s elections that saw Democratic majorities increase in both houses.
Ground sluicing, surfacing and scratching are a few names given to the recovery of gold in shallow areas. Where I live, the hills are dotted with small surface diggings.
The Bawl Mill • Our Readers Say • Wyoming—A Land That Time (And Explorationists) Forgot • Two Arrested in Alleged Mining Investment Scheme • Wall-Rock Alteration • Melman Reports From PDAC—News About India, China, and a Potential Shortage of Nickel • Picks & Pans: Family's Identity Forged Working Nevada's Gold • Researching Suitable Areas to Detect for Free-Milling Gold • A Working Arrastra • Training Videos From NIOSH • The Golden Highway—Amador County • Prospectores Unite in Washington State • Flexible Circuits Possible From Gold Wire • Looking Back • Mining Stock Quotes and Mineral & Metal Prices