Melman on Gold & Silver
January 2007 by Leonard MelmanPutting this information together, we conclude that the coming year of 2007 could hold explosive growth for the precious metals as the probability of an international “accident” rises, as the dollar comes under increasing pressure and as the fundamental demand for resources of all types from India and China plus other developing nations grows relentlessly.
Recently, a left-leaning Arizona federal judge, James Soto, who is an Obama appointee, shut down a proposed copper mining project for the flimsiest of reasons. He basically disregarded and rewrote federal mining law.
In June 1893, a wiry Irish prospector by the name of Paddy Hannon was prospecting the harsh, dry country east of Coolgardie in Western Australia. It was country that could suck the moisture from a man’s body in days...
Most gold-bearing veins in this region are controlled by fractures associated with the Melones Fault, a late Cretaceous structure that is 108 to 127 million years old.
The small-scale miner has reasonable opportunity to exploit some of these small, rich placer gold deposits.
There’s a lot of luck involved when it comes to finding gold. Sometimes it’s being in the right place at the right time. Other times it’s simply by accident that discoveries are made.
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As an employer, every mining operation, large or small, is responsible for protecting the safety and health of its employees. Safety is also good business. An effective safety and health program can save $4 to $6 for every $1 invested. It’s the right thing to do, and doing it right pays off in lower costs, increased productivity, and higher employee morale.
The Bawl Mill • Legislative and Regulatory Update • In Pursuit of Gold and Silver in the Sierra Madres • Chinese Gold Consumption to Grow • Researching and Staking Mining Claims—Part II • Family Sues US Mint for Return of Rare Gold Coins • High Court Reverses Nevada Mining Decision • Mining Industry Worried about Democrat-Controlled Congress • Working on the Bear River • Company Notes • Looking Back • The Upper Susitna Goldfields • Palladium Hitting Jewelry Market • Mining Stock Quotes & Mineral and Metal Prices