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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
• He did say he’d create jobs...
• Biofuels: More harm than good
• Turnpike employees get more than just a free ride
• A sinking ship...
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.
Legislative and Regulatory Update
• Comment period extended for frog habitat
• Tennessee permits for gold prospecting
• California dredging injunction and restraining order hearing
National Mining Hall of Fall and Museum Calls for Poetry
The National Mining Hall of Fame and Museum in Leadville, Colorado, is calling for poems reflective of the mining experience for its Fifth Annual Miner’s Poetry Jamboree.
Mining Expedition at Eagle Rock—Part I
We spent the winter and spring months obtaining all of the prospecting and camping gear that would be needed to sustain the five of us for 14 days on the river.
The Bawl Mill
• Expensive bags will be around for a long time
• Year-end spending frenzy begins
• Illinois goes to the Democrats
Greens Force Strategic Mine Out of Business
Communist China Now Controls Supply of Rare Minerals
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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
