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 Interior Department is proposing a moratorium on new mining and grazing in a 176-square-mile area of central Arizona dotted with American Indian ruins, a possible first step toward a new national monument.
One hundred and seven years ago the world’s first electric-powered bucket line dredge started to work in Montana. This summer, Montana likely saw its first solar-powered Denver Gold Saver put to work.
The apparent high grade of the ore deposits and the quality of the diamonds seem to clearly indicate that a profitable mining venture could be established on the kimberlite sills...
A recent online survey on our homepage confirmed what we expected...
The Umpqua River, located in the heart of western Oregon, flows for several miles nearly alongside Interstate Highway Five.
History may not exactly repeat itself, but we have once again been receiving a double-dose of headlines regarding gold for the second straight month as the yellow metal has soared to yet another series of records,
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