Melman on Gold & Silver
June 2002 by Leonard MelmanWe are now seeing declines in gold followed quickly by rallies to new relative highs while powerful stock market rallies are met with aggressive new selling. Whether this pattern will continue into the future is debatable, but it certainly is a welcome background for the much-battered world of precious metals investing.
At least 6 million ounces of gold have been produced in Oregon since 1859. Since there are no accurate records of production prior to 1904, it is obvious that total gold production was considerably higher than that which has been recorded.
The Rock Creek Mine, a silver and copper mine proposed for the southern Cabinets near Noxon, Mont., will mean more human-bear confrontations and a shrinking bear habitat, the U.S. Fish and Wildlife Service says.
Q: What exactly does "ionizing" mercury mean?
• California suction dredging
• House shows support for public land use
Q: I found a large quartz vein. I’m interested in mining this myself. Can you point me to a good book or other source on lode mining?
In the 1800s, rich silver and gold mines along the eastern Sierras were supplied from Los Angeles by a wagon road with an important stage stop at Freeman Junction. Wagons carrying the gold and silver back from the mines to Los Angeles followed the same wagon road. A cottage industry of robbery arose where numerous individuals made a living holding up these wagons and making off into the hills with the loot.
The Bawl Mill • ICMJ Elected Prospecting Magazine of 2002 • Mining Investment—Or Fraud? • Gold in Suriname • Golden Age of Gold Dredges • Prospecting With Limited Equipment • Looking Back • Beryllium in Utah • Company Notes • Picks & Pans: The Gold of "Eldorado Canyon"—Mariposa County, California • Fire Agate in Arizona • The Canton Lead • NAS Agrees to Review Superfund Science • Tight Budgets Force Forest Service to Cut Back • Mining Stock Quotes and Mineral & Metal Prices