Melman on Gold & Silver
June 2006 by Leonard MelmanOne of our favorite lines can be attributed to former New York Yankee great Yogi Berra when he declared, “It’s deja vu all over again!” Well, during the past month, that seems to be the case as headline after headline has been recurring with amazing frequency.
If this past month has proved anything, it is the reversible nature of the rule that “what goes up must come down” which now also can read “what goes down must come up.”
Mining was curtailed at the Gold Hill Mine in Quartsburg, Idaho, in September 1895, because the owners disagreed about the profitability of pumping large volumes of water from the workings and mining the sulfide ores encountered in the lower levels. In June 1896, the property was sold at auction to A. H. Boomer of San Francisco, California for $4,500. The following day Boomer deeded the mine to...
Nome has a colorful history built on gold, where over 5 million ounces of the yellow metal has been dug up. Due to limited space, only a tiny fraction of this mining district can be touched upon. It would take volumes to cover all the information...
There were some exceptional times in the far-flung history of the West. Rich finds of minerals that set men’s souls ablaze. From the rich gold fields of California, men who arrived too late to find riches went searching in every direction. The trail that we will follow leads east, past the shining silver district of the Comstock Lode.
Saturday came and it looked to have the makings of a dreary, misty day. Undaunted, I loaded my truck with my sluice, buckets and gear, and headed for the claim.
This was a trail for a mountain goat. It was wide enough for a person to travel, clear enough except for lots of broken shale, but steep, really steep. I was beginning to question my sanity as the eight of us dropped almost 1,200 feet down the mountainside in order to locate La Trinidad Mine. Just as it seemed we might have missed it, there it was in all its glory.
Tired but satisfied after the first day dredging this season, I settled into my homemade oak camp chair. My eyes scanned the beautiful river, steep forested mountains and crisp blue sky, with the heat of the day fading.
The Bawl Mill • Basic Geology for the Independent Miner—Part VI Geology of Placer Gold Deposits • Mining is Booming in Northern Ontario • For a Few Specks of Gold • The Livengood-Tolovana Mining District • Miners Rescued After Two Weeks • Mining Firms Uneasy Over Bolivia • Wyoming's Billion Dollar Nugget • China to Set Up Strategic Reserves • Mongolia Tax May Chase Off Investment • Mining Stock Quotes and Mineral & Metal Prices