Melman on Gold & Silver
June 1999 by Leonard MelmanThe morning of Friday, May 7 gave us a new chapter in gold's ongoing struggles which might properly be named "As the headlines turn!"
Many prospectors and exploration teams deliberately avoid small tracts of land for various understandable reasons. However, in hopes that I might encourage some of my fellow prospectors to think more kindly of small tracts, I’d like to...
The country we were to visit was Burkina Faso, a small country about the same size of my home state of Nevada with about 10 times more people. The second day I was in Africa, we went out to the goldfields for the first time.
• Bush puts Roadless Initiative on hold
• SWANCC v. US Army Corps of Engineers
• New Arizona monument added to lawsuit
• Clinton's mining moratorium in Siskiyou may not last
• County illegally used mining claims in land swap
• Montana Governor asks new interior secretary to turn over mineral rights
• Republican Representative from Nevada elevated to vice chairman on mining
One of the first pieces of prospecting equipment I acquired was a really nice little aluminum backpack sluice. I’ve used it for some time now and have always been impressed with how well it works for keeping the fine wire gold. But ever since I got on the Internet and started looking around for prospecting stuff, I have been toying with the idea of making a flexible conduit sluice.
This project began in early August 2002, when approximately 12 major project forwarders were invited to bid on moving a Bucyrus Model 2570W Walking Dragline from the US to Australia.
Here’s what actually happened, described in the case file documents: Based on a precious metal assay certificate signed by a registered southwest assayer, the sellers, in consideration of the payment of over $53 million, transfer over 185,000 troy ounces stored in a warehouse to a company based in Norway. This document was signed and notarized in a southwest town, and was publicly distributed in 2001. Guess what?! The warehouse floor concrete may have a higher gold assay than the concentrates sitting above it valued at fifty-three million.
The Bawl Mill • GATA Launches Investigation into Gold Price Manipulation • N.Y. Congressman Introduces Utah Wilderness Bill • Gold in Mono County, California • Prospecting Ores Shoots and Hidden Veins for Specimen-Grade Gold Samples • Randsburg—Still Going Strong • Exploration Drilling • You Want a Ripoff? Here's a Ripoff!! • Mining Claim Maintenance Fee Due • Gold and Silver Deposit May Be World's Largest • Aviators Carry Gold Coins • Picks & Pans: Koyukuk River Gold—Prospecting Alaska's Brooks Range • Congressional Request to EPA: "Leave Our Kids Alone!" • Quartz and Chalcedony in Wyoming • Company Notes • Gold at Quartzville, Oregon • Mining Stock Quotes and Mineral & Metal Prices • Looking Back