A Few Reminders About Fraud
August 2004 by StaffSome calls from subscribers and advertisers over the past few months have prompted us to remind both buyers and sellers to be wary of fraudulent activity in the prospecting and mining industry.
Uncle Sam, the not-so-silent partner of every miner, dredger and prospector is willing, using our tax laws, to help reduce out-of-pocket expenditures necessary to acquire business assets and property. In addition to the well-known depreciation deduction, however, the tax laws permit tax write-offs for other, less tangible business assets. The best time to explore and lock-in many of these overlooked and misunderstood deductions is now, well before the end of the tax year.
Some ores—mostly those with a high free gold content—are very amenable to gravity concentration. Well oxidized ores containing coarse gold are usually best for non-cyanide processes. Ores with significant sulfide content may require the...
There are not a lot of tools needed to get out and take advantage of the situation. Other than my wetsuit, I typically travel light with a gold pan, maybe a pry bar and a few crevice cleaning tools.
The design of the makorokoza’s handmade wooden pans has not changed over the centuries. Until Rege introduced it to them they had seen nothing like a spiral wheel concentrator.
Priorities will include meeting with the EPA regarding suction gold dredging permitting and with the Forest Service regarding revisions to CFR 228A regulations related to mining and access on public lands.
The past month was a good one for for George W. Bush. First, he was officially inaugurated for his second term in office and made a well-received speech advocating the American position on world peace. Then Iraq held an election that was extraordinarily successful in comparison to the woeful predictions that had been made.
• Inter-department letter, Forest Supervisor to Regional Forester seeks assistance in segregating a significant area of the San Bernardino National Forest from mineral entry.
• Conservation and Reinvestment Act (CARA) stopped in Senate Energy and Natural Resources Committee
• Forest Service meetings on Roadless Initiative have ended and the comment period closed December 20, but we have been advised that the public will have another opportunity for input.
• On November 8, the BLM held a hearing in Placerville, California, regarding withdrawal of 3,368.85 acres of public land along the South Fork of the American River.
The Bawl Mill • Lawsuit to Challenge New Forest Service Regulations • Gold in Utah Laccoliths • Where Do I Begin? • Looking Back • Mine President Seeks Opinions From Peers • Over The Divide • Picks & Pans: Miner Finds Heart of Gold • Company Notes • Canadian Arrow Tries Different Approach • Greenstone • Experts Forecast Rising Prices for Gold, Silver • Mining: Doing it Right the First Time • Prospectors & Treasure Hunters Find Gems • The Golden Highway—El Dorado County • Melman on Gold & Silver • Mining Stock Quotes and Mineral & Metal Prices