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Melman on Gold & Silver
January 2001 by Leonard Melman
One of the consequences of the weakening economy and the sharp declines in NASDAQ securities was a sudden weakening of the US Dollar (see chart of D-Mark). As investors began to pull their funds out of the US and return the funds to their native lands, this resulted in sales of the dollar, reducing it in value.New Study of the Formation of Nuggets—Part II
Last month we took a look at the origins of coarse gold nuggets and the results of some new science about how they form. This new information pointed out that many nuggets once thought to be of secondary origin are formed under hot conditions...
City Gives Blessing to Pogo Mine
City officials favor construction of the Pogo gold mine near their community, they said at a public comment meeting on the mine conducted by the government agencies responsible for issuing permits for the $250 million project.
Resurrecting An Old Hard Rock Mine
There were nice sections of vein material at the end of several drifts, like they just stopped work one day and walked away.
Tons of Gold Buried Under World Trade Center
Some 11.8 metric tons of gold worth an estimated $110 million, and 30.2 million ounces of silver valued at $121 million, are buried in the rubble below one of the collapsed buildings in the World Trade Center, The New York Times report
Flat-Fault Gold
Gold and other valuable metals are often deposited in breccia and rubble formed by flat or gently-dipping faults. Such faults are commonly found in areas of crustal stretching caused by the movement of tectonic plates. Flat-faults are especially common in southeast California, southern Arizona, and northern Sonora, Mexico. However, they can be present anywhere that crustal stretching has occurred.
Ask the Experts — What are Washington state prospecting regulations?
Q: I moved to Washington State in September of 2006. After recently downloading the Washington Gold and Fish Regulations, I was stunned to learn that it will be nearly impossible to prospect or work a located claim in the state of Washington…
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