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.
This past four weeks saw a major shift in the scope of financial headlines. Where recent months have focused almost entirely on the “subprime” crisis and resultant credit problems, the US Dollar itself became the center of attention last month as it entered a period of severe decline against the Euro, Australian Dollar, British Pound, Swiss Franc and Canadian Dollar.
For years I had studied the tempting bench high above the East Fork of the San Gabriel River. A beautiful 20-foot vertical wall of encrusted boulders, cobbles and gravels beckoned to me 100 to 150 yards up a steep slope from the river bed. They were all very promising material. The kind of rounded curves that can charm so well, and tease a grown man into risking life and limb. So, on that nearly fatal day in May, I packed a spiral wheel...
For the fourth straight year, the state's mining industry broke the billion-dollar mark in revenue, according to a state report.
Higher gold prices have led to a doubling of mining claims in the past year in Oregon and Washington.
Is there a reasonable and cost effective way to separate out the values?
The problems of the submersible dredge tube are addressed by the subsurface dredge, where the enclosed sluice recovery tube is suspended from a flotation assembly...
Palladium may well be an underexplored element and therefore an opportunity for prospectors and geologists. This is because they are often less than obvious and other than the native metals, a chemical analysis of samples is required to identify PGM-enriched rocks.
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