Melman on Gold & Silver
June 2009 by Leonard MelmanInvestors around the world are taking a good hard look at some of the emerging developments regarding dollar creation and are clearly having second thoughts about their dollar-denominated investments.
• Vista Gold Corp
• Pan American Silver Corp
• Mountain Province Mining
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 future is still good for anyone wishing to use a metal detector to nuggetshoot residual and hillside eluvial placers. Since these placers are easily overlooked, the key to opening the door marked "success" is the willingness to do research.
Occasionally there are bills that have good intentions but unintended consequences that make them “bad bills.” The Paleontological Resources Preservation Act is one of these bills.
Detectors were invented long before I was born, but it was in the 1960s when they started to become an item popular enough to power a fledgling industry. The key development was miniature transistor technology replacing the old fashioned tube technology of the 1950s, making lightweight, affordable detectors possible.
The excitement over IOCG deposits began with the discovery of a monster deposit at Olympic Dam in Australia in 1976. The discovery was accidental as the operator was searching for strata-bound copper deposits.
In the meantime, PLP continues to incur costs associated with several ongoing court cases filed on behalf of the mining community. To contribute to their efforts, we are again offering to add twenty-five cents to every PLP donation made between...
The Bawl Mill • How to Utilize Assays and Evaluate Results • Mining Expedition at Eagle Rock—Part II • Broomstick Gold • Electra Gold Sees Potential in Other Minerals & Metals • The Forgotten Specimen—Part I • Miner's Cabin—Red Shack Territory • "New" Gold Rush Has Arrived • NASCAR Driver Turns Prospector • Mining Stock Quotes and Mineral & Metal Prices