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.
It is my belief that these trends toward rising budgetary and trade deficits, escalating monetary creation and interest rates that are being held at artificially low levels will continue and I believe that further US Dollar weakness has now been built into the system.
For 250 years, the Guanajuato Mining District of Mexico produced 20% of the world's silver. The old colonial city of Guanajuato (pop.100,000) is wedged in a narrow canyon in the Sierra de Guanajuato, at an average elevation of 6,750 feet.
The loss of exploration monies that provide jobs and eventually lead to new mines may well cost the state far more in the long run than the new fees will raise.
These gritty clay lines were only a quarter of an inch up to three inches wide. Once the line had been laid out, they would look at the wall of gritty clay material and seek more indicators.
• Are you paying for others' risk-taking?...
• They call it the "impalement captial of the United States"—and not to be funny!...
• Let's see what goes on behind closed doors
• Nothing but the best, make that most expensive, for the US
• No exception for taxpayers
• Speaking of waste...
• Trimming the fat
• Uncle Sam needs you...to snitch!
• The environmental Robin Hood
• But it looked good on paper...
• Low-quality reputation hits home
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