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Melman on Gold & Silver
May 2009 by Leonard Melman
...while the conference and some economic data were working to restore optimism, the world continued to receive a flood of negative economic news, some of it with ominous implications...Why Did This Silver Mine Close? - Pt III
Narrowing down a closure date will allow you to check the commodity price during that time and possibly confirm that a low price, rather than a lack of ore, was the driving force that closed the operation.
Lawsuit on Alleged Market Manipulation Continues
Blanchard and Company, which claims to be the largest retail gold dealer in the US, announced that its lawsuit against Barrick Gold Corp. and J.P. Morgan Chase & Company will move into the discovery phase.
PLP Update
Plans are also under way to coordinate with the incoming chairman of the Senate Energy and Natural Resources Committee.
Estimating Gold Values in Placer Gravels
The single most important question to be answered when evaluating a placer deposit is: “How much is it worth?” Accurate sampling of placer gravels is essential to obtain a reasonable estimate of the total gold values contained in the deposit.
Legislative and Regulatory Update
• Comment period reopened for pygmy owl critical habitat in Arizona
• Limits on wilderness study areas finalized in Utah
• IBLA rules miner cannot set up store processing equipment on claim when no mining is taking place
• New law to protect claims and equipment in Washington State
Editorial—BLM 43 CFR 3809 Revision Status
ICMJ has reviewed the U.S. DOI, BLM, 516 page Environmental Impact Statement on proposed 43 CFR 3809...and can only conclude that the proposed action amounts to several more nails in mining's coffin.
Caught Between A Hard Rock and A Rare Earth Place
The same day, while two of us were heading to Vancouver to attend the mining convention, two others from our team were headed to Nevada to begin loading the millsite equipment.
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Legislative and Regulatory Update
• Allied Nevada Reactivates Hycroft Mine
