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Melman on Gold & Silver

Rapid reversals seemed to be the theme of news events during the past month. For example, while the economy generated relatively poor job growth of only 100,000 or so during March, April’s number soared to 274,000—far above expectations.

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Prairie Creek Project Approaches Final Hurdle


Their Prairie Creek project, located in the Mackenzie Mountains of the Northwest Territories of Canada, has a history dating back nearly eighty years when silver and zinc were first discovered there, and includes the involvement of...

The Jenkins Mine Project Pt III -- Site Selection


This sampling program was painfully tedious, and I’ve still got the calluses and embedded shovel splinters to prove it. But completing that testing program validated certain areas of the creek and eliminated others.

Benton’s Rich Silver


Prospectors looking for the next Comstock Lode tried mining for silver in the Benton Hot Springs area in California in 1862. On a ridge southeast of the town, they found what they were looking for—rich hornsilver.

Financing by the Crowd


While a great many questions remain unanswered, there is little doubt that a new financing option for small-scale mining operations, “crowdfunding,” is growing as a viable and legitimate funding source.

Our Readers Say


This is in response to Norbert Beckstrom’s letter in the November issue of the ICMJ. He wrote in reference to a letter by Jerry Hobbs in the October issue. If anyone opened up a can of worms, it is Mr. Beckstrom.

MCS Index Shows Decrease in Mining Costs


The latest Mining Cost Service (MCS) Cost indexes, released on February 26 by Western Mine Engineering, Inc., display a hint of a silver lining in the cloud hanging over the U.S. Mining Industry.

4 Keys to Successful Nugget Hunting


Lots of prospectors are trying out nugget detecting for the first time and finding out that it isn’t all that easy. In fact, in my opinion, metal detecting for nuggets is perhaps the most difficult form of prospecting that one can take on.

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