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.
The gold and copper deposits at Oyu Tolgoi, or “Turquoise Hill,” are among the largest ever found and could give impoverished Mongolia its biggest boost since it abandoned communism 15 years ago—if the Mongolians can figure out how to profit from it.
We have concessions high in the Occidental mountains to the west, while down near our pueblo we have begun construction of a mill to process the ore we will soon be mining. As I look around, our new shop with its adjoining wings...
It is hard to imagine any month during the thirty years I have been writing this column which had more bombshell headlines than the past thirty days.
Q: ...Is there any way to process the ore without using mercury or cyanides...?
After cleaning the bedrock I figured it was time for a little peak at the upper mat. We lifted the black rubber flap up and there was gold everywhere.
The Colorado state Court of Appeals ruled that counties have the authority to ban the use of cyanide in gold mining.
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