Detecting the Swiftshore Mine
January 2010 by Paul GieseOur group of six met in Foresthill, California, in mid-November. The weather was crisp, but not too cold. We had planned this trip on short notice and were all eager for the adventure ahead.
• Federal election results should be favorable to miners
• Utah residents reject proposed National Monument
• Fish and Wildlife told to disclose locations of endangered species
On a recent afternoon, Rick Richins fished a large piece of quartzite ore studded with glittering particles from the floor of a dark, dripping tunnel at the Kensington gold mine.
Everyone can deduct all of the ordinary and necessary expenses of conducting a trade or business. But how can anyone hope to refute the IRS’s labeling of their activity as a hobby or, probably more importantly, hope to achieve the label of a tax business?
At least 6 million ounces of gold have been produced in Oregon since 1859. Since there are no accurate records of production prior to 1904, it is obvious that total gold production was considerably higher than that which has been recorded.
• What's good for the goose is good for Senator Feinstein...
• So much waste, it could fill a book...annually
• Just put it on my card...
I recently returned from Ghana, West Africa. My time there was not a two-week tourist trip, but rather a time to discover the real Ghana, and to determine if I might have a future there in the mining business. I stayed almost three years.
• Our tax dollars at work, or not...
• Crafty robbers make another withdrawl
• Nebraska Governor earns our praise for saving taxpayer money
• State cries "wolf!"
• Let's end on an up note
The Bawl Mill • Legislative and Regulatory Update • Liberal Group Begins Push to Tax Mining in Nevada • Prospecting for Rare Earth Metals • Bucket Dredged Boulder Gold • The Golden Surprise • University of Nevada Offers Online Mineral Processing Class • The Business of Mining—Tradeshow Deductions • Melman on Gold & Silver • Mining Stock Quotes & Mineral and Metal Prices