Melman on Gold & Silver
January 2009 by Leonard MelmanPutting it all together, I believe 2009 could be the year for a major move upward in both gold and silver, the two monetary precious metals. However, given the potential for an abrupt abridgement of any economic recovery, I am less optimistic for platinum, our third precious metal. Therefore, I offer the following predictions, both for time and price...
The great mining geologist Waldemar Lindgren used the word “epithermal” to describe a type of quartz vein commonly found in desert regions of the United States and Mexico.
In underground placer work, the contact point of the bedrock tunnel and the gravel is a very weak point and always has to be timbered. The bedrock here is thin, fractured, and the gravels loose from many years of oxidizing.
The law is on our side, but we’ve seen some crazy rulings coming out of courtrooms lately. I believe Rinehart will win his case, but then we move on to the State Water Resources Control Board.
“When the mine is in full operation, it will be the biggest private sector employer in Ferry County and bring significant economic benefits to the region..."
Mexico is not noted for gold, but is better known for silver and copper. However, the states of Chihuahua and Sonora, in northwestern Mexico, contain some sizeable gold deposits. A number of these deposits were mined during the boom of 1982-2002. One operation that has remained active up to the present is La Herradura Mine...
When prospecting for lithium, after confirming for macro attributes through research and field work, including examination of surface geology, the main tool is an accurate lithium assay.
The Bawl Mill • A Word From the Editor • Reading A River: Finding The Paystreaks—Part II • Placer Gold in the Ortiz Mountains • Miners Discuss Struggles at NWMA • Ask The Experts—Where to Take Sulfide Ore for Processing • Ask The Experts—Where Would The Most Gold Tend To Be In This Deposit? • East Coast Dredger Heads West - Part I • Growing Pains of the Learning Curve • Stillwater At Half Speed • Elko County Has Highest State Median Income • Mining Stock Quotes and Mineral & Metal Prices • Pebble Deposit Reveals Mineral Potential