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Melman on Gold & Silver
August 2003 by Leonard Melman
During 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.”Legislative and Regulatory Update
• Occupancy rules discussed
• Comment period open for small-scale mining and dredging in Oregon
Prospecting for Diamonds
Let’s take a look at diamonds and diamond mining and see how they form, how they are used beyond just jewelry, and what leads geologists to find diamond deposits.
Hidden Treasure Mine—Foresthill Divide, California
One of the greatest and richest underground placer mines of California was the Hidden Treasure Mine of Placer County.
Looking Back
Excerpts from California Mining Journal, our original title, published 50 years ago this month.
Ask the Experts
Marketing other minerals recovered while gold mining
Spanish Police Seize Ship in Treasure Fight
Spanish Civil Guards heightened a battle over a $500 million treasure of gold and silver coins from a shipwreck when they seized a vessel belonging to a Tampa, Florida company.
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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
