The Price of Gold—Where It’s Headed and Why
November 2005 by Leonard MelmanFor the past year, one of the most troubling questions raised at mining conventions and conferences has been, “Why have so many economic and social events occurred as predicted, but the precious metals remain locked in a...
Once again, the Arizona Department of Mines and Mineral Resources (ADMMR) is being threatened with elimination.
Yukon-Nevada received permission last month from the Nevada Division of Environmental Protection to restart the mill, after the agency determined the company met environmental standards.
If everything you see, the men, the animals, the crude mechanism that grinds gold from rock, everything around you, looks to be from centuries ago, if the mysterious sound you hear is pure history and the smell around you is primitive, if the earth beneath your feet quivers with untold strangeness; and, the taste in your mouth sweeps time out of mind then, if all of this happens at once, if every one of your five senses has taken you into the past, then you’ve traveled back in time.
Some 250 million years ago, the Earth had just one supercontinent, known as “Pangaea.” For whatever reason, the supercontinent began to break apart. South America and Africa remained joined, as “Gondwana,” until 65 million years ago, when they split apart. The obvious “fit” of South America with Africa was noted by geologists back in the 19th century, but it was not until Alfred Wegener came out with his “continental drift” hypothesis in 1912 that people took note.
What a difference a year makes. It makes one wonder if we still live on the same planet!
The Bawl Mill • Mining Companies Competing for Labor • Sam, the Tenderfoot Prospector • Placer Gold in Russia • The Rampart Goldfields, Alaska • Tales of California Gold Discoveries 3rd in a Series—Bloody Nick The Miner • Company Notes • Miners Rally Successful • Venezuela’s Chavez Halts Mining Projects • Metal-Mineral Identification Utilizing a Detector • Mining Stock Quotes and Mineral & Metal Prices • Looking Back • Melman on Gold & Silver • Montana Lawmakers Want Economic Review of New Mining Rule