Melman on Gold & Silver
August 2009 by Leonard Melman...a substantial number of news headlines reflected the growing realization that much of the “green shoots” optimism of the past few months was premature.
I saw gold this summer. The kind of gold that I haven’t seen since ‘81. The kind of gold that rattles in the pan. The kind of gold that would start a stampede—even in 1898.
This was a tough task and it required really fast speed and perfect gold recovery, with 210 gold panners competing to advance.
Strange, isn’t it, how our vocabulary has been expanding of late. Up until late 2001, the term “Twin Towers” meant either the combination of the Federal Budgetary Deficit and the National Debt or the two outstanding forwards of the NBA’s San Antonio Spurs. Suddenly, the only relevant meaning was the two destroyed buildings in New York City. By mid-2002, most of us who hadn’t given Afghanistan a second thought became familiar with names of towns and regions in that country.
Lieutenant Henry O. Flipper might well have been correct about the “Santa Fe de Rodríquez” being the name of what is now called Guaynopa. However, an Indian named Agustín de la Cruz, who was associated with Cristóbal Rodríquez, is credited with discovering the mine in 1741. It is probable that the Spanish settlement had indeed been found because of its rather extensive ruins.
The sluice box is probably the most common gold recovery device after the pan. For centuries, the sluice has been the world’s most popular device for medium to large-scale primary placer gold recovery.
Governor Brian Schweitzer is calling on the Obama administration to force General Motors to honor its contract with a Montana mining company instead of going overseas to buy the precious metals used to control vehicle pollution.
The Bawl Mill • Legislative and Regulatory Update • Finding Gold With Copper and Turquoise • GM to Cancel Mining Contracts • California Suction Dredging Update • Newmont Fined for Fatality • The Memorial Day Nugget • East Coast Prospecting Challenges • Saving Money on Mining Gadgets • BLM Increases Location & Maintenance Fees • Rio Tinto: Allegations Without Foundation • National Mining Hall of Fame to Induct Five • Mining Stock Quotes and Mineral & Metal Prices