Melman on Gold & Silver
November 2000 by Leonard MelmanWhile we have spent the past few years trying to adjust to wave after wave of new industries, new language and new influences in our lives, this past month the world's attention has once again returned to the cradle of civilization, the Middle East.
Some financial commentators have speculated that bitcoin and other virtual currencies have captured a portion of funds that would have been invested in gold. I find it a bit ironic that people who invest in precious metals would even consider another fiat currency.
A series of coastal ranges, separated by narrow valleys, characterize coastal California south of Monterey. The mountains rise to 5,800 feet in elevation, with annual rainfall varying from 12 to 64 inches, depending on elevation and exposure.
Excerpts from California Mining Journal, our original title, published 50 years ago this month.
Rapid City, S.D. (AP)—Scientists and a team of South Dakotans have submitted a $281 million, five-year plan to turn Homestake Mine in Lead into the world’s largest underground laboratory.
• Are these gold amounts large enough to interest a mining company?
It is a fact that many of the well-known placer districts of the Western US have small veins that contain sparse pockets of coarse gold as their source. This is the main reason why many rich placer districts have seen little or no hard rock mining...
The Bawl Mill • Our Readers Say • Enrichment of Gold Veins • The Assay of High Iron Gold Ores • The Patch • History of Mining—Bradshaw Mountains, AZ (Part I) • Picks & Pans—The Green Rock, Rattlesnakes, Good Gold and Ruth's Mine • The Oretron • Silver Hill, North Carolina • Residual, Lateritic and Gossan "Soils" as Potential Nuggetshooting Sites • Hardrock in Downieville • Looking Back • Company Notes • Gold in Northern Baja California • California State Gold Panning Championship Results • V.P. Contender Addresses Mining Show