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.
The new plan approved by the FS says water for drilling at Dog Bone Ridge will now come from Beaver Creek rather than Coral Creek. The agency also said Excellon has added several monitoring sites associated with Dog Bone Ridge.
Religious broadcaster Pat Robertson, who lost up to $7 million in a failed diamond-mining venture in the former Zaire earlier this decade, is involved in a gold mine project in another African country.
Geology books are best used by geologists, but many of the old-time books can be understood by most anyone who has an interest in rocks and minerals. Certain words or phrases may stump the layman, but just skip those parts and go on to the portions of the books that are easily understood. Some of the old-time mining geology books should be in every small miner’s collection.
Budgetary deficits can be reversed by a combination of only two factors; increasing revenues and decreasing expenditures, and we would prefer a combination of both factors occurring simultaneously. Unfortunately, it appears to us that President Obama failed to respond to such simple considerations.
Back at our campsite, while the rest of us grabbed a late four o’clock lunch, Fallyn volunteered to do the clean-up panning.
- Brother, can you spare a cell phone?
- Houston, we have a drug problem...
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