Melman on Gold & Silver
August 2003 by Leonard MelmanDuring the past month, we have witnessed an orgy of buying on many of the world’s markets with Japan soaring by over 1,000 points (see Nikkei chart), Germany and France rallying strongly and here in America, the NASDAQ Index has risen to over 1,700 (see chart). However, when we look at the economic fundamentals, it appears to be a case of, as Sir Winston Churchill might have put it, “Never have so many become so excited about so little.”
The 1994 Environmental Impact Report, along with additional information provided here, proves without a doubt that suction dredge miners contribute significant wealth to the economy of California.
Q: I have a question/request regarding some black sand left from my Dad’s prospecting days.
Although it is now known that Mount Diablo, located in Contra Costa County in the East Bay region of the San Francisco Bay Area, was the site of the largest coal mining operation in the state during the last half of the 19th century... this majestic focal point... also was the source of other minerals.
I got a signal but knew it was small. Still, I was very happy to find something. I continued and got another signal. Yes! A bigger nugget! Then I got another signal.
Most dry washers have a feed rate adjustment. It needs to be set so that the material flows evenly over the riffles and does not bury them.
Following the initial discovery of gold in North Carolina in 1799 on the Reed Plantation in Cabarrus County, gold was found in about 1842 in Rowan County at a locality that soon acquired the name Gold Hill.
The Bawl Mill • House Resources Committee Addresses Environmental Scare-Tactics —by House Resources Committee & Chairman Richard Pombo • Precious Metals in the Patagonia Mountains • Over the Divide • Idaho-Maryland Mine—History Restarted • Montana Candidate Sees Natural Resources as Path to Recovery • Judge Rules Against Oregon Miners—Battle Continues • Lake County "Diamonds"—Renewed Value for an Old Favorite • Moving the World's Largest Machine—The Bucyrus 2570W Walking Dragline • Mother Lode Gold, California • News From the Pacific Legal Foundation • Maine to Create Mineral Park • Mining Stock Quotes and Mineral & Metal Prices