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Melman on Gold & Silver

“Scandals, scandals, everywhere, and not an end in sight!” might be the tag line of a musical depicting the financial markets as they near the end of a particularly tumultuous year. First we had the massive accounting scandals associated with the Enron collapse. This was followed by the corporate scandals where inaccurate and misleading research of one sort or another made headlines. But none of those compare in possible scope to the mutual fund scandals...

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Ask The Experts - Advice for a new prospector in Placerville, California?


AZ Miners and Minerals Department Threatened with Elimination


Once again, the Arizona Department of Mines and Mineral Resources (ADMMR) is being threatened with elimination.

San Francisco Mint and US Gold Reserves


In 1717, Sir Isaac Newton, Master of the British Mint, established a fixed price for gold that was equivalent to around US$20.00 per ounce. This price was for bullion gold, refined to a purity of twenty-two karats (.917 fine).

Sunshine Mine Video Brings Back Painful Memories


When a federal employee decided to make a safety video for miners, she didn’t expect to reopen 30-year-old wounds from one of the nation’s worst mining disasters. But a roomful of tough men had watery eyes as they watched the film “You Are My Sunshine,” which recounted the Sunshine Mine disaster of 1972 that claimed 91 lives.

Prospectors Beat Mining Claim Tax


Early in 2006, two prospectors, joint owners of unpermitted mining claims in San Bernardino County, California, were confronted by the County Tax Collector with stiff taxes amounting to hundreds of dollars for the “possessory right” to own mining claims in that county.

Prospecting for Rare Earth Metals


Rare earth metals are critically important to many forms of modern technology, including most green energy saving applications, computers, televisions, and a number of military defense systems.

Picking Our Way Through Bedrock


Once again the coil was put over the spot but the target was in the pile now. I pinpointed, grabbed a handful of dirt and began sprinkling it over the coil until I heard that mild thud.

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