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Melman on Gold & Silver
February 2007 by Leonard Melman
America has lost another ex-president with the passing last month of Gerald Ford, the only non-elected president in history. It is worth remembering, however, that he came into the office under incredibly difficult circumstances and acquitted himself well. He will be fondly remembered.Stillwater Recovers Without GM’s Business
Stillwater Mining Company previously warned of possible layoffs after General Motors Co. canceled a major contract, but higher platinum and palladium prices have made up for the lost business.
Legislative and Regulatory Update
• Big win by a California suction gold dredger
• Administration locks up another popular gold mining area
• BLM creates de facto wilderness without Congressional approval
Placer Gold in Utah
Utah is not known for gold, but a significant amount has been produced. Over 12 million ounces of lode and placer gold have been produced from Bingham Canyon alone. However, placer production, per se, has been miniscule compared to other western states, although a lot of dry placers may remain undiscovered.
PLP Update
PLP is also concluding its funding and review of a scientific study which names the suction dredge as the preeminent tool for reclaiming American waterways to counter atmospheric mercury impacts coming from China.
Our Readers Say
• Re: Comments needed for Bull Trout critical habitat (May 2004)
• Re: Recommended reading
Mining Stock Quotes & Mineral and Metal Prices
Melman on Gold & Silver

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• Looking Back