Melman on Gold & Silver
May 2007 by Leonard MelmanIt seems like we cannot get away from the major themes as each month we continue to receive important news on the same general categories such as housing, global warming, Iran, weakness in the US Dollar, etc. Unfortunately, if variety happens to be your cup of tea, the same categories have dominated the news once again.
When I dropped the boulder into my son’s hand everyone spoke a single word in unison, “Wow!”
Mining Stock Quotes and Mineral & Metal Prices
18 Acquitted in Massive Brussels Diamond Heist
The massive 2013 theft, in which tens of millions worth of gems were stolen from the hold of a departing Swiss-bound plane, had all the hallmarks of an “Ocean’s Eleven” operation. And it still might still get a Hollywood ending.
Persistence Leads to Over a Pound of Gold
I have figured out over the years that the winning combination is hard work, persistence, knowledge, and a little luck. This leads me to describe one of my best finds ever, a “honey hole” of placer gold, if you will.
Gold Prospecting for Better or Worse: The Superbowl Nugget
My next strategy was to walk anywhere and everywhere that I had been inside this home and garage. I looked on the floor, in the bathroom, I checked the bathroom trash can, and I even pulled the shower curtain back and looked in the bathtub.
Samuel Franklin Hunt Nevada’s “Rio Tinto”
At the well-known Rio Tinto copper district, Huelva, in southwestern Spain, large quantities of copper were found beneath a gossan of hematite at an average depth of 100 feet. The deposits were first mined during Roman times.
Where Should I Start?
Digging in the right spots will produce excellent results, like this group of nuggets taken by the author while metal detecting during the last few months. The biggest nugget is over an ounce.
The Bawl Mill • Ask the Experts—Where can I find plans for a home-built suction dredge? • Ask The Experts—Can you help explain the ratings in Melman On Gold & Silver? • Recovering Values from Black Sands • Typhoon Exploration—Junior Mining Company Moves Forward in Quebec • Kalgoorlie, Australia—Born of Gold • Colorado Court Rules on Cyanide Ban • Selling Your Gold—Where To Start • The Business of Mines—Consider Your Tax Deductions Now • Exploration, Development and Taxes • US v. Donald Eno—IBLA Rules in Favor of Miner • Miners Clean Washington Rivers and Streams • Mining Stock Quotes, Mineral & Metal Prices • Looking Back