Exploration, Development and Taxes
May 2007 by Scott HarnFurther 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.
In response to "Fake Assays and Assayers", ICMJ September 2000...
Q: A few questions about diamonds...
• U.S. Gold Corporation
• AZCO Mining Co.
• Canyon Resources Corporation
• Placer Dome, Inc.
• Vista Gold Corp.
• Grupo Mexico
One hundred and seven years ago the world’s first electric-powered bucket line dredge started to work in Montana. This summer, Montana likely saw its first solar-powered Denver Gold Saver put to work.
• DOI backs mill sites
• Arizona goes to bat for miners
• Battles continue in California
• Climate change legislation
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