Melman on Gold & Silver
May 2008 by Leonard MelmanAnyone who thinks that investing in, or writing about junior mining shares is easy hasn’t lived through the last month! What we have seen is a virtually endless parade of dynamic and frequently contradictory events. Here are just a few that have occurred in the past thirty days.
While recovery rates are important, they must necessarily be secondary to the volume of material processed. Running more material at lower recovery rates is generally preferable to increasing the efficiency of the system.
These were the men who periodically picked up the gold amalgam from the tables and sluices in the dredge, processed it, and transported the gold ingots to the railroad express office in Alder. Their trustworthiness must have commanded a prominent wage.
Serpentine, as used in this article, is both a rock and a mineral. The rock should be termed "serpentinite," but the word "serpentine" is in common usage for both the rock and mineral.
Well, by the time this issue hits the newsstands or your mailboxes, the New Year of 2013 will be upon us, and it seems worthwhile to take a look at important recent trends that are likely to extend into the coming twelve month period.
Personal letters from our readers.....
Placer gold was found near South Pass, at the south end of the Wind River Mountains, in 1842, and lode gold was discovered in the same area in 1867. The principal gold rush was between 1867 and 1874.
Some media outlets have speculated the hoard of coins came from a theft at the old US Mint in San Francisco that was reported in 1901.
The Bawl Mill • Ask the Experts—Why doesn't the 1872 Mining Law apply to all 50 states? • Ask The Experts—Where do I find information about getting paid for raw gold? • Understanding Geologic Deposit Models • The Lost Silver Triangle of the Sierra Madre—Part II • Prospecting for Diamonds • Avino’s Durango Project • Success With A Detector • Horsetail Gold • The Makorakoza of Zimbabwe—Centuries of Prospecting in Gold-Hosting Dolerites • Mining Stock Quotes and Mineral & Metal Prices