Melman on Gold & Silver
July 1999 by Leonard MelmanClearly, the single-most important reason for the latest decline in gold is the recently announced auctions by the British Central Bank. However, other news stories this past month also had negative implications for the yellow metal.
Only the famous Kennecott copper mine was able to continue operating through the Depression owing to the exceptional richness of its ore.
The research I did for “Gold in the Slate Creek Basin” (September 2011 issue) found me chasing a channel out of the LaPorte territory headed towards the old mining town of Brandy City, California.
Researchers in Australia have uncovered evidence that a tiny microbe may have the Midas touch of Greek legend, capable of turning dust to gold.
• Comment deadlines approaching for frog listings and habitat
• EPA seeks more control
• Comments due in Washington
• California dredging moratorium
• PLF sues to delist polar bear
You keep all you find at Ganes, with weekly tallies kept for a loose competition that I find helps motivate me. I seriously try to find more nuggets than anyone else in a given week, and usually make it or close to it.
• Hearing date moved up for preliminary injunction for California suction dredging
• Anti-mining bills in Oregon lead to recall effort
The Bawl Mill • Gold Hunters Hit the Web in Fight with Missile Range • Religious Broadcaster in Liberia Mining Venture • Kazak Government Collects Gold from Residents • Recreational Gold Panning on the South Yuba River • Groups Wonder Meaning of Call for More Wilderness • Mining Claim Maintenance Fee Due • Desert Bonanza • Gold Near Boulder, Colorado • Company Notes • The Carissa Gold Mine, South Pass, Wyoming—A Sleeper? • Tantalum • Building the American Dream • Picks & Pans: A Pay Streak in Slate • Elizabethtown: Uncovering a Buried California Mining Community • California Diamonds • Mining Stock Quotes and Mineral & Metal Prices • Silver Demand Driving Mine Production Up—Mexico Remains Number One Producer • Looking Back