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Melman on Gold & Silver
May 2010 by Leonard Melman
The figures speak for themselves. According to US Bureau of Labor Statistics, the total compensation package for state and local government workers in America is $39.66 per hour, compared to $27.42 in the private sector.Looking Back
Excerpts from California Mining Journal, our original title, published 50 years ago this month.
The Baja Gold Rush of 1889
Small amounts of placer gold can be found in many parts of Baja California, Mexico. The 700 mile long peninsula is mostly a desert region with many strange and unusual plants. There is also a central mountainous spine that is forested and reaches elevations as high as 10,155 feet.
Legislative and Regulatory Update
• Federal budget priorities
• Wilderness bills proposed
• Inyo County fights back
• Comments needed by concerned miners in New Mexico
The Struggle is Real
Colorado Considers Gold & Silver Currency
Worried that the US dollar may not be good as gold, some Colorado lawmakers are pushing a bill to legalize gold and silver coins as usable currency.
Legislative and Regulatory Update
• I-147 will be on the ballot
• Consolidation granted
• More rivers off-limits to mining
• Valley fills decision appealed
• Forest Service cites dredgers
• Time extended for roadless comments
• Newmont water permit voided
Butte, Montana—The Richest Hill on Earth
I recently had the opportunity to spend a day exploring around Butte, Montana and was amazed by the amount of mining that has taken place there. The old-timers called Butte “the richest hill on earth” and had pretty good reasons for doing so.
Subscription Required:
The Bawl Mill
• Legislative and Regulatory Update
• Ask The Experts: How to handle gold in cyanide; how to sample a platinum deposit
• Prospecting for Hardrock Gold - "Eureka!" (Part III)
• Gold Prospecting in Maine - Part II
• American Manganese
• Detecting for Gold in Australia
• Investors Take a Shine to Platinum, Palladium
• Mining Stock Quotes & Mineral and Metal Prices
Free:
Metals Trader Blows the Whistle on Gold & Silver Price Manipulation
• Oregon Requires Permit for Hand Sluicing
• California Water Board Tries to Restrict Dredging