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Melman on Gold & Silver

Keeping 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.

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Mining Outfits Eye 50-Year Supply of Iron Ore


Two companies are looking to mine the largest known iron ore deposit in the West—a 50-year supply at a rate of 1 million metric tons a year.

One Potato, Two Potato...


Normally the detector he was using would sound off with a definitive high-to-low tone when passed over a piece of gold, which distinguished the gold from the many high iron content "hot rocks," but this one was different...

GOP Chairmen Ask Gore to Recuse Himself From Roadless Plan


Vice President Al Gore should cease all participation in the Clinton administration's proposal to ban roads and other development in 43 million acres of roadless forests, two GOP committee chairmen say.

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Gold in Iceland?


Normally, one does not look at volcanic islands in a search for gold. However, rich gold deposits have been found in or near volcanoes at Lihir and Misima Islands near New Guinea, so one cannot dismiss gold opportunities on volcanic islands. All of Iceland is of volcanic origin, with acidic volcanic rocks like rhyolite and granophyre being present at a few localities.

The Bawl Mill


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Prison Time Handed Out for Gold and Silver Thefts


The ringleader of former mining workers accused of stealing $1.7 million in gold and silver from Cripple Creek & Victor Gold Mining is headed to prison, prosecutors said.

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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

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