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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.”Picks & Pans: Dredging and Detecting in Sierra City
Every year for the past several years I have taken a prospecting trip to Sierra City, California, to dredge on a friend’s claim. Sierra City is a historic gold rush town of a little more than 200 persons. Known mostly for its rich lode mines, it also had...
Utility Agrees to Remove Four Klamath River Dams
PacificCorp, which owns four hydroelectric dams on the Klamath River, has agreed to terms for their removal, a key milestone in efforts to restore what was once the third biggest salmon run on the West Coast and end decades of battles over scarce water.
Looking Back
Excerpts from California Mining Journal, our original title, published 50 years ago this month.
The South Pass Gold Placers, Western Wyoming
In the 1980s, I spent 5 summers living in a tent in order to map the 450 mi2 South Pass granite-greenstone belt and many of its historic mines. While mapping, I was quite impressed by the general lack of development of lode gold deposits.
Lamproites and Diamonds
Most prospectors are aware that diamonds are sometimes found in kimberlite, but few are aware that diamonds are also found in another rock type known as lamproite. Lamproite is a very rare volcanic rock that often...
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.
Round Mountain, Nevada
There are a number of veins in the disseminated mineralization, but the principle ones on Round Mountain are known as the Los Gazabo and the Keane.
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The Bawl Mill
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• Over the Divide
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• Judge Rules Against Oregon Miners—Battle Continues
• Lake County "Diamonds"—Renewed Value for an Old Favorite
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• Mother Lode Gold, California
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