Melman on Gold & Silver
May 2001 by Leonard MelmanIf this past month has proved anything, it is the reversible nature of the rule that “what goes up must come down” which now also can read “what goes down must come up.”
When prospectors and treasure hunters talk of gold in Arizona, it is the Lost Dutchman or Vulture mine they usually think of. The Lost Dutchman gold mine is just that—a myth chalked full of holes that has been embellished over time as any good legend should be.
The main ore deposits of the Ely district are associated with an east-west belt of altered and mineralized rocks measuring about one mile wide that extends 8 miles westward from Ely.
A recent hearing on federal plans to unlock oil shale reserves in the Intermountain West was packed by small-time speculators, some of whom questioned whether today’s technology would let them squeeze oil out of rock profitably.
The Bawl Mill • Original Sixteen to One Goes to Court—Challenges MSHA Citations Part II • The Golden Triangle of Sonora, Mexico • Using Legal Subdivision • Placer vs. Lode Gold • Gold Tellurides: Tellurium, an Assay Impurity • Court Hears Arguments Over Rights to Shipwreck • Picks & Pans: How to Succeed in a Small Mine, A Case History: 1990-2000 • Charcoal Crucible Recipe • Discovery of the Mountain Pass REO Deposit • Romance of the Old Silver King • Record-Breaking Alaskan Nugget for Sale • Company Notes • Nevada Gold Production Up Despite Lower Prices • Gold in Guatemala • Bush Taps Utah Resident for Labor Post • Looking Back • Mining Stock Quotes and Mineral & Metal Prices • Honda Pares Down Use of Precious Metals in Autos