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.
Once you have a detector, learn how to use it and get out in the field—you can’t find anything with it in your garage.
Lately my mind has been involved with group 4 of the transition elements, namely titanium, zirconium, and hafnium. They all have similar chemical properties. Of greatest interest to economic geologists and miners is that these valuable elements often occur together in sands.
• Getting scolded during recess happens to adults, too.
• On-the-job training
• Batteries not included
• By the numbers
Throughout history, the demand for commodities has been constantly increasing. It is difficult to envision a reversal of this trend. Between China and India alone, roughly two billion people are on the verge of becoming middle class consumers. Good or bad, this is called progress, and it seems inevitable.
So you think you have an ore deposit? The work has been long and hard, but there are a few drill holes, lots of samples and assays. The data is in a reliable computer and there may be a mine at the end of the tunnel. What is the likelihood of a profitable operation? Can you raise capital for development or exploration?
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