Melman on Gold & Silver
September 2002 by Leonard MelmanAnyone looking for stability sure didn’t appreciate the financial markets of this past month as they fell, rose, fell and rose with dizzying swiftness, changing directions on the turn of a dime. This was as true of the gold share markets as it was of the financial markets in general.
Q: I would like to know the following on the metal nickel:
• Where is it mined?
• Why is the unit price so large—is this for a metric ton?
Newmont Mining Corp. covered the final uncashed paychecks of workers who were laid off in August from the Jerritt Canyon Mine by another mining outfit.
How would you like it if you could make the actual rules and regulations governing your own business? A dream, right? Well, the existing Federal Mining Law gives a claimholder this ability in the context of organized Mining Districts.
There are many smaller old hard rock mines out there—more than you might think. There are some small hard rock properties that are even open to be claimed if one does the right amount of research to find them.
A Wolfeboro company will sell portions of one of the most talked about treasures in American history.
Years later I returned with a new detector with a smaller coil and detector technology more sensitive to smaller nuggets. I found my first nugget within five minutes. I had a second five minutes after that.
A family was awarded the rights to 10 rare gold coins possibly worth $80 million or more...
The Bawl Mill • What's In A Name? • Our Readers Say • BLM Swindles War Hero Out of Gold Mine • Paleoplacers in the Black Hills • The River Runs Through It • DEF Has Another Successful Year • Fellow Miner, Left for Dead, Needs Our Help • PGMs in California • Picks & Pans: The Professional Nuggetshooter • Company Notes • Gold in the First Pan • Looking Back • Cedros Island, Mexico • The Eagle and High Peak Mines of Julian, California • Mining Stock Quotes and Mineral & Metal Prices