Mines and Money
July 2004 by Leonard MelmanThe “Mines and Money” gathering, held in Vancouver, BC, on May 20-21, was geared toward the upper levels of world mining executives. As such, the presentations were of a different nature than any of the gatherings covered in our publication earlier this year.
• Take the money and run...
• Blame it on the kid
• A cheap dinner date...
• For the couple who has everything...
Operators of the Montana Tunnels mine about 25 miles south of Helena have final approval to expand it.
There is one last indicator that I believe may be the most important of all. That is the “Index of Leading Economic Indicators” (LEI), which is a compendium of those economic indicators that point toward future growth, and LEI has just reached historic highs, far exceeding previous peaks in 1999 and 2006.
Q: I was wondering how such a device could locate a rich gold vein in quartz, for example, since a metal like gold is non-magnetic.
The gravels in contact with the bedrock or false bedrock base are often the richest. The same facts apply to the alluvial paystreaks that are formed on gravel bars; the lowest level of the gold-bearing gravel is normally the richest.
Members of the Rocky Mountain Prospectors and Treasure Hunters Club from Fort Collins, Colorado, were recently entertained by W. Dan Hausel, Senior Economic Geologist with the Wyoming State Geological Survey.
The Bawl Mill • Mining Claim Fees Are Going Up • Our Readers Say • Buell Park Pipe, Arizona • Understanding Hard Rock Mining: Terms and Methods—Part II • Two Nevada Mines Look to Supply Own Power • Paleontonlogical Resources Preservation Act • Picks & Pans: Mexican "Edventure" • Over the Divide • Flat-Fault Gold in Sonora, Mexico • Looking Back • The Fern Mine • Map Offers Look at Butte's Mining History • Gold in China • 2004 National Mining Hall of Fame Inductees • Melman on Gold & Silver • Mining Stock Quotes and Mineral & Metal Prices