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Melman on Gold & Silver
July 2000 by Leonard Melman
As many long time readers know, one of my favorite sayings is the Asian expression, "May you live in interesting times." We sure do and if you didn't believe it before, just consider the latest word from the international markets.The Reynolds (Star) Gold Mine
The Reynolds gold mine is located approximately 6 miles northeast of the town of Troy, North Carolina, the county seat of Montgomery County. According to old reports, the mine was discovered around 1800. Production reports from the mine are sketchy, but mention the occurrence of telluride minerals associated with the gold. Early work was apparently confined to a number of quartz veins that traverse the property in a northeasterly direction.
Picks & Pans: Tips for Nuggestshooting—How to Increase Your Gold Finds (Part II)
Thus far we have only briefly discussed the methods used by early miners to process auriferous desert gravels. However, old workings can be extremely productive places to search with a metal detector.
The Value of Old Patches
Nuggets make for the best memories and this patch was just adding to mine. In the hours of daylight I had left, I worked from that nugget to the bottom of the patch, collecting eight more nuggets.
Crandon Mine Decision Still Years Away, Says State
Nicolet Minerals expected to be mining zinc and copper from an underground quarry in Wisconsin by now. Instead, a state review of the project is only 75 percent completed after seven years, a top state regulator said.
Pombo Bill to Provide Some Relief for Miners
House Resources Committee Chairman Richard Pombo is no stranger to controversy. As we highlighted in our November 2005 issue, he recently pushed through a bill to reform the Endangered Species Act, providing much needed improvements.
Surging Gold Prices Add Luster to Nevada's No. 2 Industry
Higher gold prices helped boost Nevada’s mining industry in 2003 despite a decline in production for the third straight year.
Investors Take a Shine to Platinum, Palladium
Move over gold and make way for platinum and palladium. Investors are taking a shine to these lesser-known precious metals as their prices rise.
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