February 2007 by Chris RalphEvery prospector has streaks of bum luck—times when you can’t seem to find much, if anything. This is less true for folks who dry wash or dredge, but electronic prospecting and detecting is especially prone to dry streaks. It’s just the nature of the beast.
During the 49’er gold rush, because of harsh winters and adverse river conditions, the working season could be restricted for a week or more at a time. Moreover, many of the “argonauts” (a term dating back to the adventures of the early Greek gold seekers in seeking the Golden Fleece), were unprepared both mentally and physically to meet the harsh conditions.
Officials for the largest gold producing company in the world claimed a significant legal victory over environmentalists who they accused of abusing the appeals process to thwart mining in Nevada.
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.
The first time I flew into the Juneau area in southeastern Alaska, I was about 5 years old. I recall it was raining and the clouds hung low over the tall mountains. I was sure we’d crash and couldn’t see how the...
They tend to be big, coming in large to extremely large sizes. They can also be amazingly rich and produce huge amounts of very high-grade ore.
• Salazar pushes wilderness
• California Governor signs AB 120
Ireland-based Conroy Diamonds and Gold announced they have found what may be the largest gold deposit to date in Britain or Ireland.
The Bawl Mill • Prospectors Beat Mining Claim Tax • In Pursuit of Gold and Silver in the Sierra Madres—Establishing a Mining Company in Mexico • Update On “Special Rock” Kicking • Michigan DEQ Gives Tentative OK to Nickel, Copper Mine • Saved Before the Tax Bell Tolled • The Petersville—Yentna Goldfields • Demand for Copper Boosts Zambian Mining • Doc Livingston • San Manuel Mine Officially Closes With a Bang • Environmentalists Target Pebble Mine • Detecting in Australia's Pilbara Region • Melman on Gold & Silver • Mining Stock Quotes and Mineral & Metal Prices • Looking Back