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Uranium Industry Enjoys Rebound as Prices Nearly Triple

Watching a computer screen, Pat Drummond monitors a complex system of pipelines and vats that produce 55-gallon drums of uranium, weighing 600 to 1,000 pounds each, ready to be shipped to nuclear power plants across the globe.

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Melman on Gold & Silver


Given that every single forecast of the level of government bailouts has understated the problems and the money required for solving them, one can only wonder what really lies in store for the American taxpayer—and the US Dollar.

Melman on Gold & Silver


One of the consequences of the weakening economy and the sharp declines in NASDAQ securities was a sudden weakening of the US Dollar (see chart of D-Mark). As investors began to pull their funds out of the US and return the funds to their native lands, this resulted in sales of the dollar, reducing it in value.

Melman on Gold & Silver


In terms of gold and silver, if this mountain of unbacked debt, now reaching several trillions of dollars, Euros, Yen or other currencies begins to truly collapse into an inflationary spiral, we will witness the onset of the mother of all precious metals bull markets.

Detecting During Summer Heat


This concept of detecting does not always work as we sometimes get a week or so where the temperatures rise to 116°—sometimes more.

Mining the Old-Timers


“They’re taking it to the grave with them.” These words came from my Canadian mining partner when we discussed what he had learned from an elderly gentleman in a nursing home. While that particular visit was not very successful, we had a number of others that worked out far better.

How to Stake Your Own Mining Claims—Part II


I’d like to offer some practical comments about staking and maintaining mining claims. Owning your own claim is the dream of many prospectors. I’ve made good money off my mining claims, both from the minerals I have found on them as well as from leasing out some of my claims to larger mining and exploration companies.

Picks & Pans: Prospecting at Mills Creek, Alaska


I particularly enjoyed this little expedition. It is always nice to get out and spend time with my father, Bud Herschbach. He has taken a liking to Mills Creek and was anxious to return and look for more nuggets.

Subscription Required:
The Bawl Mill   • Editorial: Montana's Controversial Rock Creek Mine   • First Load of Concentrate Leaves Reopened Ruth Mine   • BLM Warning About Purchase of Mining Claims on the Internet   • Determining the Amount of Gold in a Quartz Specimen   • Placer PGMs in Coon Creek, California   • Getting Your Float Circuit Layout Right   • Pick Up Austria's New Coin—If You Can Lift It   • New Prospecting Guides Available Online   • Police Extend Detention of Newmont Executives   • Picks & Pans—Drywashing and Detecting in Southern California   • Over The Divide—Merwin (Merv) H. Hemp   • The Boludo Placers, Sonora   • The Golden Highway—Placer County   • Northwest Miners Rally a Success   • Mine Threat Just a Stunt to Criticize Land Laws   • MINExpo 2004 Convention Report   • Looking Back   • Melman on Gold & Silver   • Mining Stock Quotes and Mineral & Metal Prices

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