Melman on Gold & Silver
December 2009 by Leonard MelmanSigns have begun to appear that many Americans are deeply concerned regarding this tidal wave of complex legislation and the recent flood of “Tea Party” protest meetings is a visible sign of rising discontent.
Eleven year old Josh Evans’ words said it for all of us at the rally: “Finding gold is really fun!”
...as a holder of contrarian points of view, I am somewhat delighted to see the recent enormous surge in published negative commentaries regarding gold's future.
In 1717, Sir Isaac Newton, Master of the British Mint, established a fixed price for gold that was equivalent to around US$20.00 per ounce. This price was for bullion gold, refined to a purity of twenty-two karats (.917 fine).
In today’s economy, the question is often not whether to fix or replace equipment, fixtures, business assets or even the building housing the mining operation or mining-related business, it is which path is affordable.
PDAC’s (Prospectors and Developers Association of Canada) annual convention held each spring in Toronto, Ontario, Canada is generally regarded as the largest and most impressive annual gathering of the mining industry in the world.
In underground placer work, the contact point of the bedrock tunnel and the gravel is a very weak point and always has to be timbered. The bedrock here is thin, fractured, and the gravels loose from many years of oxidizing.
“When he stepped into the clearing he didn’t snarl and stand up and show me how big he was. He just came for me,” Miller said.
The Bawl Mill • Legislative and Regulatory Update • Small-Scale Mining, Milling and Recovery • Judge Rules Against Oregon Miner • Shirttail Creek • Where to Prospect for Gold in Colorado • A Modern Gold Rush In Sudan • Double-D Coils and Their Place in the Goldfields