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.
Because quartz and gold may be deposited together across a considerable range of temperatures, not all quartz veins are the same, and there are several different types of gold-quartz deposits.
Gold and other valuable metals are often deposited in breccia and rubble formed by flat or gently-dipping faults. Such faults are commonly found in areas of crustal stretching caused by the movement of tectonic plates. Flat-faults are especially common in southeast California, southern Arizona, and northern Sonora, Mexico. However, they can be present anywhere that crustal stretching has occurred.
"The President's plan to lock-up an additional 40-million acres of wilderness in 35 states, is a blatant step toward the total implementation of the aims of the unratified Convention on Biological Diversity."
Copper is a critically important metal that we need to run our modern electronic society, and the long term outlook for this metal is for a steady increase in price.
"Swanee" McBride knew how to make a safe trail along the narrow edge of a high, steep slope bordering his mining claims. It twisted into sharp turns as it wound around massive pines and huge boulders.
The Washington Department of Health has issued several warnings about mercury contamination in fish and shellfish. The small-scale mining community is the only group that is actively removing mercury and lead from the waterways of the State of Washington using the only economically feasible method available—with suction dredges and other small-scale mining equipment.
- Reminder: Annual claim fees due September 1, 2017
- Update on California suction gold dredging
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