Melman on Gold & Silver
August 2001 by Leonard MelmanOur world of precious metals showed several conflicting trends. Gold fell sharply from last month’s highs to the area between 265 and 270 and then stabilized in that area.
• Clean Water Act rule change proposed
• DOJ files motion against Oregon miners
• Off-road access case to be reviewed by Supreme Court
• Resources Coalition hard at work
• Leavitt takes helm of EPA
A small group of investors led by retired businessman Ray Bohn is trying to revive a remote Idaho gold mine shut down since 1942.
Ask the lab manager how your ores will be tested, and ask to see the equipment that will be used. If you are told it’s a secret that can’t be explained, you need another assayer.
SB 765...would tax suction gold dredgers by charging a $50 annual fee for in-state dredgers and a whopping $2,500 fee for out-of-state dredgers for each county where the miner intends to dredge.
Q: I’ve thought about renting an XRF gun with gold specific software to use for exploration this spring.
• Pan American Silver Corp.
• NovaGold Resources, Inc.
• Canyon Resources Corp.
• Great Quest Metals, Ltd.
• X-Cal Resources
• African Metals Corp.
As we approached the river the view was outstanding and the sight was encouraging. A ravine coming down on the right side had been worked heavily, with rock piled back on each side. That surely meant there was gold somewhere close.
The Bawl Mill • Our Readers Say • The Public Process—Getting Involved and Making a Difference • Pacific Northwest Miners Request Help • USFS Roadless Comments Reopened • Flat-Fault Gold • Basic Drywashing Principles • Fields of Gold • Picks & Pans: All That Glitters Pans Out Well! • De Beers Undergoes Overhaul • Gold in Michigan • Update on the West Mojave Desert Planning Area • 2001 Inductees to the National Mining Hall of Fame • Company Notes • The Spanish Silver of Mowry • Mining Stock Quotes and Mineral & Metal Prices