Melman on Gold & Silver
March 2004 by Leonard MelmanAs noted on page 26 of this publication, your columnist spent five days in January immersed in two important conventions regarding precious metals mining and, of all the pieces of information bandied about within the mining community, one unbelievable set of numbers, little known or noticed by the public—but of immense potential impact on our world of gold and silver...
His small business managed to pump millions of dollars over the years into the California economy.
This rock had been with a family for many years and they were cleaning up an old workshop that had lots of minerals and miscellaneous “ore” samples.
I pulled out the nuggets I had worked on previously and looked at the size of the wire basket that the items to be cleaned are placed into. It looks much like a miniature french fry deep fryer.
While a large number of locations have yielded some placer gold, most of the state’s placer production has come from a few productive districts.
We definitely got their undivided attention with our presentations. As a direct result of our presentations, the Desert Advisory Council recommended a Memorandum of Understanding be put together between the council and the Rand Mining District. This MOU was recently completed.
Authorities filed criminal charges against one of the largest gold refiners in the United States, accusing the company of participating in an illegal, $4.5 million money-laundering operation involving tainted gold from South America for at least four months.
The Bawl Mill • Our Readers Say • Fair and Balanced? If You Have the Cash • Pocket Gold in Gneiss • Australian Prospector Detects 150-Ounce Nugget • The Tangential Impulse Water Wheel in California Gold Mining History—Part II • Picks & Pans: Dredging After The Flood • Mining Industry Enthusiastic About Prospects • Looking For Gold in All The Right Places • Fraser Institute Ranks Best Regions for Mining Investment • Ask the Experts: Recommended Reading—Part II • Red Lake, Ontario • Company Notes • Mining Stock Quotes and Mineral & Metal Prices