Melman on Gold & Silver
April 2007 by Leonard MelmanKeeping track of the news during the past month was like watching the later rounds of a boxing match, the part where the light jabs and the “feeling out” of the opponent were passed and the heavy hitting begins, because last month we were hit with several powerful stories affecting our markets.
There’s gold in that thar sea floor. Silver, copper, zinc and lead, too. The problem is, it’s a mile or two underwater and encased in massive mineral deposits that layer a dark, mysterious world.
The decision was made to move the dredge intact, a massive undertaking indeed. The goal was to move it only one mile to the Busby’s Chicken Gold Camp, but what a mile that was to be.
• Conformation for some
• Congress canceling regulations
You may recall seeing the Treasure Hawk Mine cleanup project featured in the August 2000 issue of ICMJ...
The Washington Department of Health has issued several warnings about mercury contamination in fish and shellfish. The small-scale mining community is the only group that is actively removing mercury and lead from the waterways of the State of Washington using the only economically feasible method available—with suction dredges and other small-scale mining equipment.
I had been waiting my turn somewhat patiently to spend an afternoon at Terry Stapp’s workshop in San Bernardino, California, to build a remote throttle for my dredge engine.
The Bawl Mill • Ask the Experts—How do I remove gold from black sands? • Ask the Experts—How did the bill to address RS 2477 pan out? • Ask the Experts—How can I separate gold from carbon? • Wild and Scenic Rivers Act (P.L. 90-542, as Amended) • Platinum Placers and Nuggets • In Pursuit of Gold & Silver in the Sierra Madres—The Tejeda Mines • The Business of Mining—Family Mining Business Tax Savings • Successful Nugget Hunting • Oregon Miners Update • The Prevleator • Mining Boom Is Back In Northern Nevada • Lease Issued For Potential Mine Near Mount St. Helens • Looking Back • Mining Stock Quotes and Mineral & Metal Prices