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Melman on Gold & Silver

Deadlines are something we must live with at ICMJ as with any other publication, and as this columnist’s deadline approached early Tuesday morning of September 11, I turned on the financial channel to get some last pre-market commentary before completing this month’s column. What I saw was virtually beyond belief. A jetliner had just crashed into one of the two towers of the World Trade Center...

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Update: People v. Rinehart


The law is on our side, but we’ve seen some crazy rulings coming out of courtrooms lately. I believe Rinehart will win his case, but then we move on to the State Water Resources Control Board.

Benton’s Rich Silver


Prospectors looking for the next Comstock Lode tried mining for silver in the Benton Hot Springs area in California in 1862. On a ridge southeast of the town, they found what they were looking for—rich hornsilver.

The Saga of Sand Mountain


The Nevada Historical Society's
"This Was Nevada" Series

Where Should I Start?


Digging in the right spots will produce excellent results, like this group of nuggets taken by the author while metal detecting during the last few months. The biggest nugget is over an ounce.

Cal-Gold Closes Shop After 30 Years


“It is with great sadness that after more than 30 years in business in Pasedena, Cal-Gold will close its doors,”

Molybdenum


Molybdenum, referred to as “molly” by miners, is a white metal that is alloyed with iron to form hard, tough and strong steel. It was first used in World War I for armor plate on ships. Nowadays, molybdenum is routinely used to harden structural and tool steel, and to reduce corrosion.

Market Spotlight: Platinum in Demand


Platinum has run to record highs this year, but it’s not a rush of demand for wedding bands that has boosted prices. It’s diesel.

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