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Melman on Gold & Silver
June 2008 by Leonard Melman
It is my belief that these trends toward rising budgetary and trade deficits, escalating monetary creation and interest rates that are being held at artificially low levels will continue and I believe that further US Dollar weakness has now been built into the system.Legislative and Regulatory Update
• NEPA improvements coming?
• Speaking of the Forest Service...
• Murkowski proposes tax increase on miners
• Kensington impact statement affirmed
• Rock Creek on hold, for now
• ESA reform update
• Desert Mineral Mining; one down, two to go for permits
• Montana smells a RAT
Stillwater Recovers Without GM’s Business
Stillwater Mining Company previously warned of possible layoffs after General Motors Co. canceled a major contract, but higher platinum and palladium prices have made up for the lost business.
The Black Diamond of the Forest
Hearty trees, shrubs and plants are a product of the soil conditions in which they grow, so it makes sense that roots near an ore deposit will take on nutrients containing metals if they are present.
Ask The Experts - Were there insufficient values to continue mining at this site?
Were there insufficient values to continue mining at this site?
The Iola Mine Group, Montgomery County, North Carolina
The Iola mine group is made up of four once active gold mines, the Iola, Washington, Golconda and Uwarra gold mines. Although this group of mines were some of the most productive gold mines in North Carolina for a number of years, and according to published records, some of the best managed, they had a relatively short life span for reasons unknown.
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