Melman on Gold & Silver
August 1999 by Leonard Melman...we are beginning to believe that there is a Grinch out there who steals every rally away from the gold market! There is almost no other explanation for what is going on.
• Bush Proposes Cooperation in Land Conservation
• Federal Government Shuts Down Recreational Mining in Idaho
• Forest Service Considers Grassland Comments in Wyoming, Nebraska, North and South Dakota
Newmont Mining Corp. covered the final uncashed paychecks of workers who were laid off in August from the Jerritt Canyon Mine by another mining outfit.
Modoc County, California, is the latest county to use emergency powers to declare a state of emergency in order to take control of roads and trails away from federal agencies.
Excerpts from California Mining Journal, our original title, published 50 years ago this month.
Q: Do you know of any processing plants that can extract rare earth metals?
…there is now concrete evidence that growing numbers of investors and other concerned observers are now turning to gold as a storehouse of value in these potentially troubling times.
If you think all the vein gold near the surface has been dug up—think again! A weekend prospector recently came into the lab with a shoe-box full of samples that were from ten to fifty percent native crystalline gold on dirty white quartz.
The Bawl Mill • Our Readers Say • New Oregon Mining Legislation Friendly to Small Miner • Cutbacks at S. African Mines—Britain Blamed • BLM Reports That 'Mining' Brings Most Public Reward • Long-Term Camping Plan at Fortymile Proposed by BLM • "No Gold Sales" Says Nevada Senator • Panel Cuts Park Monies, Eases Mining Restrictions • State May Re-Examine Plans on Dredge Use Near Hope • Company Notes • Jim Butler's Political Career • Picks & Pans: Gold Recovery in Placer Mining Operations • Nevada Looks to Tourism to Fill Mining's Gap • PGMs in the United States • Miners Claim Victory in Fight That Began with Protest • U.S. Admits Botching Indian Funds Accounts • Gold Fever • Roads Protecting Grizzlies Reopen • Guanajuato Silver, Mexico • Roosevelt: From Boom Town to Mountain Lake • Dollar Must Slip for Gold to Rise • Looking Back • 1999 National Mining Hall of Fame Inductees • Mining Stock Quotes and Mineral & Metal Prices