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Exploration, Development and Taxes
May 2007 by Scott Harn
Further demonstrating the importance of seeking professional assistance and advice are the tax rules governing the expenses of a mining company. The tax treatment of mine exploration and mine development costs is confusing, complex and often overlooked or ignored—except by the ever-vigilant Internal Revenue Service.The Bawl Mill
• Run for the border
• By the numbers
Higher Zinc Price Creates Opportunity
Zinc is brittle and crystalline at ordinary temperatures, but when heated to between 110°C and 150°C it becomes ductile and malleable; it can then be rolled into sheets. The bluish-white metal is used principally for galvanizing iron, but also...
Where To Find Diamonds
Where to find diamonds in the United States: It is somewhat common for gold prospectors to find diamonds in black sand concentrates and not recognize them.
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Company Notes
• Vista Gold Corp.
• Latitude Minerals Corp.
• Altair International Inc.
• Homestake Mining Company
• Kinross Gold Corp.
• Rayrock Resources Inc.
Judge Rules Against Oregon Miners—Battle Continues
On June 16, 2003, US District Court Magistrate Judge Cooney made the recommendation that the Waldo Miners be denied their motion to intervene in Siskiyou Regional Education Project (SREP) vs. Siskiyou National Forest (SNF).
Melman on Gold & Silver
After weeks, months, even years of eager anticipation, the New Millennium has dawned!
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The Bawl Mill
• Ask the Experts—Where can I find plans for a home-built suction dredge?
• Ask The Experts—Can you help explain the ratings in Melman On Gold & Silver?
• Recovering Values from Black Sands
• Typhoon Exploration—Junior Mining Company Moves Forward in Quebec
• Kalgoorlie, Australia—Born of Gold
• Colorado Court Rules on Cyanide Ban
• Selling Your Gold—Where To Start
• The Business of Mines—Consider Your Tax Deductions Now
• US v. Donald Eno—IBLA Rules in Favor of Miner
• Miners Clean Washington Rivers and Streams
• Melman on Gold & Silver
• Mining Stock Quotes, Mineral & Metal Prices
• Looking Back
