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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.Placer Gold in Idaho
Idaho is situated in the Rocky Mountains except for the southern third, which encompasses the Snake River Plain and desert mountains to the south. Elevations range up to 12,662 feet at Mt. Borah, with annual precipitation varying from 8 inches in the south to over 60 inches in the central mountains.
A Prospecting Adventure in Mexico
There you’re expected to be personally responsible in making decisions, and yes, it can be costly. When you are responsible for your own life, you live life more, and with it you certainly risk more.
All About Minerals
There are several common ways that new mineral crystals form and grow. Perhaps the simplest is when minerals form through the cooling of molten rock and the atoms bond together into mineral crystals.
Melman on Gold & Silver
Banking problems continue to find their way into the world’s financial media, and we note below that another nation, Slovenia, is now grabbing attention with a banking crisis of their own as well as a downgrading of their national bonds by Moody’s Investment Services.
Looking Back
Excerpts from California Mining Journal, our original title, published 50 years ago this month.
Melman on Gold & Silver
The idea of decisive action in 2014 will be at the heart of my presentation at the ICMJ Gold Prospecting and Mining Summit of April 5-6 in Placerville. I look forward to meeting you all then.
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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
