Melman on Gold & Silver
September 2006 by Leonard MelmanIt was not hard to find negative news during the past month, not hard at all. We were overwhelmed with continuing stories of the Israeli-Hezbollah conflict, which took place in southern Lebanon, and Israel remained at war with Hamas in Gaza.
When doing your initial armchair research and selecting potential areas to explore, consider all the indicators, both natural and man-made.
• Look for less federal government land acquisitions in the new budget
• Valley fill ruling overturned
• Two species rejected for listing under ESA
• New Mexico and Montana consider legislation to encourage mining
• Mining, lumber groups seek to eliminate funds for university program
• Backfilling required for new mines in California
• Nevada Congressman named vice chairman of Resources
• Idaho gets deadline extended for bull trout comments
• Murkowski Calls for Resource Assessment on State and Federal Lands
• Comments needed regarding proposal to lock up huge tracts of public land in California
Somehow, we received the impression from these two gatherings and from other conversations that bureaucrats in general are simply not aware of how difficult it is to raise capital to finance mining operations and how important it is for newer companies to show true progress in order to receive further financing.
The National Academy of Sciences has taken a step toward reviewing a proposed cleanup plan in Idaho.
Have you ever waded through your pile of Mining Journals looking for a particular article? The annual index, published each December is a great help, but I have a better idea.
…it was immediately evident the previous owner had not been using a detector. During just a few months of working the dumps part-time, he recovered gold in quartz specimens valued in excess of $40,000.
The Bawl Mill • The Yukon-Klondike Goldfields—Part I • New Mine from Century-Old Gold-Silver Bonanza • Solar Powered Placer Equipment • The Treasure Detective—Part III • Countries Want More Concessions From Miners • New Interim Rules For Washington Miners • Detecting for Possible Mid-Range Eluvial Gold