The Bawl Mill
January 2009 by Staff• If at first you don’t succeed...
• By the numbers...
Excerpts from California Mining Journal, our original title, published 50 years ago this month.
Our world of precious metals showed several conflicting trends. Gold fell sharply from last month’s highs to the area between 265 and 270 and then stabilized in that area.
The Federal Reserve just reported that inflation exceeded their 2% target for the first time in five years and the University of Michigan reported their inflationary expectations have now risen to 2.7%.
How can a miner or prospector take advantage of these speedy financing options while avoiding the risks associated with borrowing from so-called “shadow banks?”
Agate, a banded form of chalcedony (cryptocrystalline quartz), has been used as a gemstone for over 7,000 years. Romans cut and polished agate, and this practice was taken to new heights in Germany in the 16th century.
Each specimen is carefully examined to determine if it would be beneficial or not to use an acid treatment to reveal more of the gold.
A Word From the Editor • Reading A River: Finding The Paystreaks—Part II • Placer Gold in the Ortiz Mountains • Miners Discuss Struggles at NWMA • Ask The Experts—Where to Take Sulfide Ore for Processing • Ask The Experts—Where Would The Most Gold Tend To Be In This Deposit? • East Coast Dredger Heads West - Part I • Growing Pains of the Learning Curve • Stillwater At Half Speed • Elko County Has Highest State Median Income • Melman on Gold & Silver • Mining Stock Quotes and Mineral & Metal Prices • Pebble Deposit Reveals Mineral Potential