Melman on Gold & Silver
February 2008 by Leonard MelmanWhat a start to the year! In just the first two weeks of 2008, we saw the price of gold explode to the highest levels in history at $900 per ounce, Crude Oil reach $100 per barrel, some of the world’s largest financial institutions collapse in market value, unrest spread in Pakistan following the assassination of Benazir Bhutto, the worst jobs report from the Department of Labor in at least two years and the continued erosion of residential real estate values.
The Senator’s office was very receptive to the small miner’s plight and was unaware of the dire problems created by the over-regulation of small-scale mining from so many different fronts. It was pointed out that S 145 may help the large mining companies a little, but falls woefully short in addressing the needs of small operators who make up 85% of domestic mines.
• A back breaking commute…
• It depends on what the meaning of the word “MasterClass” is…
• Location, location, location…
• The tarnished “Golden State”
The International Monetary Fund is reconsidering selling some of its gold reserves to help finance a Western debt-relief plan for some of the world's most debt-burdened countries, a top IMF official said.
The first reported occurrence of uranium in the United States was at Central City, Colorado, in 1871. However, prior to 1922, the ore was mined for its radium content, not uranium.
The first thing I realized was this was not a toy—this thing had power and I needed to really pay attention. I got into position, took a deep breath, and pushed that monster into the hard pack.
It is likely that few tourists passing through the crowning glory of the Canadian Rocky Mountains in northeastern British Columbia would be aware that this spectacular region is the focal point of the search for one of earth’s most intriguing metals—tantalum.
At the close of the 19th Century, optimism was high that Wyoming would become an important source for copper much like the neighbor states of Colorado, Utah, and Montana. This dream was short-lived...
The Bawl Mill • Gold Deposits of North Carolina • Turning Waste Rock Into Profit • Dredging the Mokelumne • How to Get Started as a Gold Prospector • Sunshine Mine is Up and Running Again • Gold at Ponderosa • The Juneau Goldfields • Wham Hill • Golden Sunlight Seeks Expansion • Washington Gold & Fish Regulations Update • Mining Stock Quotes and Mineral & Metal Prices