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Melman on Gold & Silver
October 2003 by Leonard Melman
There was certainly no shortage of attention-grabbing headlines during the past month. First we had the successful initiation of a recall election in California, followed by enormous increases in the price of gasoline in the USA and Canada, then both nations suffered through the worst power blackout in decades, and finally we are witnessing what appears to be the unraveling of the “road map” to peace in the Middle East.The Bawl Mill
• South Carolina Governor feels violated...
• Biting the hand that feeds you...
• A very seedy business...
• Better cash in some gold if you’re a football fan...
The Golden Highway—Nevada County
Highway 49—the “Golden Highway”—heads northeast out of Placer County into a stretch of Nevada County that is almost as busy as it was during the Gold Rush. The neighboring towns of Grass Valley and Nevada City are still booming—a beautiful location to live in the Sierra foothills.
Legislative and Regulatory Update
• No Adventure Pass needed
• Supreme Court of Canada rules on aboriginal title claims
• No agreement reached in suction gold dredge permitting case
Diamond Dealer Prevails in Congo
The one he’s rolling around in his fingers is nice—5.23 carats, nearly the size of a marble, pure and white. But the diamond that Alphonse Ngoyi Kasanji is talking about is the big one—the one that got taken away.
Legislative and Regulatory Update
• National Strategic and Critical Minerals Production Act
• CA suction dredging update
• Appropriations Bill addresses problems at EPA
• Bad science, worse policy
The Bawl Mill
• The environmental Robin Hood
• But it looked good on paper...
• Low-quality reputation hits home
What To Do When Gold Recovery and Assay Values Differ
Before going into an analysis of the ore composition, two other major factors will affect the result. These are the accuracy of the assay and the effectiveness of the mill for the gold recovery.
Subscription Required:
The Bawl Mill
• A Guide to Overlooked Gold Deposits—Part II
• Brighter Days Ahead Reports Nevada Mining Association
• Waldo Miners File Suit
• Roll-Front Uranium Deposits
• Deadly Storms May Expose Gems in Sri Lanka
• Picks & Pans: Dredging and Detecting in Sierra City
• Hidden Features in Venezuela
• Dredging for Monazite in Idaho
• Gold in the Philippines
• 2003 California State Gold Panning Championships
• Judge Holds Companies Liable for Some Damage
• The Golden Highway—Tuolumne County
• Looking Back
• Mining Stock Quotes and Mineral & Metal Prices
