Melman on Gold & Silver
December 2006 by Leonard MelmanFew non-Presidential elections have been as eagerly anticipated as the one just completed in early November and, if change was what you wanted, massive change is what you received.
The discovery of the Tonopah District by Jim Butler in May, 1900, was by far the most important event of its time, just as the discovery of the Comstock was the most important event in the Nevada’s earlier history.
Banking problems continue to find their way into the world’s financial media, and we note below that another nation, Slovenia, is now grabbing attention with a banking crisis of their own as well as a downgrading of their national bonds by Moody’s Investment Services.
In 1874, placer gold was discovered in the Middle Fork of the Little Laramie River south of the present site of Centennial village. The source of the gold was traced upslope to a nearby ridge in the following year.
Nevada gold mines produced only about 6 percent more gold in 2010 than they did the year before, but the value of that gold was up a whopping 33 percent.
• More on the "Affordable" Care Act
• Abandon (citizen)Ship!
• USDA makes "grave" payment errors
As laws become cluttered, difficult to understand and almost impossible to enforce both effectively and economically, they are bound to drag down industry and commerce inside a welter of complications.
British Columbia made the biggest jump towards improvement in terms of regulations in the Fraser Institute Annual Survey of Mining Companies. BC, historically relegated to the bottom 10 locations to mine in the survey’s Policy Potential Index, benefited from a change in administration. Three years ago it was dead last.
The Bawl Mill • Legislative and Regulatory Update • Researching and Staking Mining Claims • The Goodnews Bay Platinum Fields • Special Rock • The Business of Mining: Cars, Trucks and Tax Deductions • The Kern River Gold Rush • Finding Gold in Mokelumne River Canyon • Important Court Cases • Smugglers Causing Problems in South Africa • Market Spotlight: Platinum in Demand • Mining Stock Quotes & Mineral and Metal Prices • Looking Back