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.
Move over gold and make way for platinum and palladium. Investors are taking a shine to these lesser-known precious metals as their prices rise.
If you think all the vein gold near the surface has been dug up—think again! A weekend prospector recently came into the lab with a shoe-box full of samples that were from ten to fifty percent native crystalline gold on dirty white quartz.
In part one of this two-part series on gold in Guyana, I describe artisanal mining efforts currently winning alluvial gold from small-scale placer operations located along the lower Puruni River and its tributaries.
• There’s no place like home...
• To comply or not to comply, that is the question...
During the 49’er gold rush, because of harsh winters and adverse river conditions, the working season could be restricted for a week or more at a time. Moreover, many of the “argonauts” (a term dating back to the adventures of the early Greek gold seekers in seeking the Golden Fleece), were unprepared both mentally and physically to meet the harsh conditions.
The past month was a good one for for George W. Bush. First, he was officially inaugurated for his second term in office and made a well-received speech advocating the American position on world peace. Then Iraq held an election that was extraordinarily successful in comparison to the woeful predictions that had been made.
I regularly get inquiries along the line of: “Hey, I found this rock, and I think it might be gold ore. How can I tell?” Prospectors are always on the lookout for gold-bearing rocks that may be the source of any nearby placer gold.
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