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Melman on Gold & Silver
December 2002 by Leonard Melman
If there was ever a month for the financial markets to rejoice, the one just past would appear to have been ideal. Oil prices declined sharply...the Fed revved up the economy by smashing short-term interest rates to their lowest levels since World War II...and, perhaps most important of all, the Republican Party now has possession of a clean sweep of American political power, controlling the Presidency, Senate and House while Conservatives dominate the Supreme Court.Legislative and Regulatory Update
• Comment deadlines approaching for frog listings and habitat
• EPA seeks more control
• Comments due in Washington
• California dredging moratorium
• PLF sues to delist polar bear
Watermelon Gold
Awhile back, I was doing some prospecting in a remote mountain region, located in the rugged, well-timbered valleys of north-central British Columbia, an area known for its coarse gold.
Bering Sea Gold—Part II
In last month’s issue we covered the initial discovery of gold, the subsequent gold rush that occurred around Nome, some of the geology of the area and past production. We’ll conclude the article in this issue with a further examination of the geology and deposit types, discuss the resources...
Mongolia Tax May Chase Off Investment
The gold and copper deposits at Oyu Tolgoi, or “Turquoise Hill,” are among the largest ever found and could give impoverished Mongolia its biggest boost since it abandoned communism 15 years ago—if the Mongolians can figure out how to profit from it.
Judge Holds Companies Liable for Some Damage
A federal judge found mining companies liable for at least some of the costs of cleaning up pollution of Idaho’s Silver Valley from a century of mining.
Gold Canyon Resources Targets Gallium
“It would be a real pleasure to be able to combine a successful mining operation with being of genuine service to the human condition.” Those words from CEO and Professional Geologist Robert G. Carrington set the...
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The Bawl Mill
• Original Sixteen-to-One Mine Fights On
• Solar-Powered Placer Sampling Equipment
• Working the Belmont Mine—1953 (Part 3—Conclusion)
• Company Notes
• Picks & Pans: Gold and Bears
• Gold in North Dakota
• The North Star Mine
• Dectecting Alaskan Gold Nuggets
• The Ancient History of Gold
• Columbians Continue Search for Emeralds
• Mining Stock Quotes and Mineral & Metal Prices
