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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.How to Stake Your Own Mining Claims—Part I
Many new prospectors start out prospecting in public areas and club claims, and this is perfectly fine, but the next step in the progression of becoming an experienced prospector is to locate and stake your own mining claims. Ask the Experts
• Where would I find a map for the Western states on high silica sand deposits?
Forest Service Pays Miners $245K for Unlawful Destruction of Mine
In July 2008, the Marstons filed an administrative claim alleging that when US Forest Service employees or their agents entered upon the Marstons’ claims and bulldozed the shaft and trenches, they engaged in unlawful trespass, negligently destroyed property, and committed a nuisance...
Company Says Central Idaho Project Feasible
...the federal agency is intrigued by a plan that might result in cleaning up the area without cost to taxpayers.
Gold Mine Proposed in Jefferson County
What could be the first underground gold mine to open in Montana in at least a decade is proposed near the ghost town of Elkhorn in Jefferson County, Montana.
Recreational Dredging on the South Yuba River
Joe Williams needs six trips with his faithful wheelbarrow to haul his "back-pack" dredge and camping supplies down into the South Yuba River canyon at the start of each dredging season. The nearest spot to leave his vehicle lies about four miles and, during the hot summers, a canteen of water away. Still, he's been doing it for about fifteen seasons since the 1970s.
Our Nugget Shooting Adventure
Gold—a very elusive, heavy, yellow, metallic element—is coveted by man and not easily given up by Mother Nature. This is a story of a group of friends—old, new, and some I hadn’t met before this trip. We embarked on a journey in search of that yellow metal.
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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
