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Exploration, Development and Taxes

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.

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Mining Restrictions Lifted in Southwest Alaska


Mining restrictions will be lifted on about 1 million acres of federal land in southwest Alaska, officials have announced.

Melman on Gold & Silver


After months of war news, rising unemployment, declining economic activity and heightened world tensions, the news background took a decided turn for the better last month—at least on the surface. The war in Iraq has died down to only an occasional moderate outburst. Tensions between Israel and its Palestinian neighbors appear to be on the decline. New unemployment claims have fallen and...

Hands-on at Iowa Hill


A number of crevices were still waiting to be cleaned out. A lot of the gold remaining in the pit was very fine sized, but a few small nuggets were also recovered.

Sixteen to One Takes on MSHA


Letter from Sixteen to One President Mike Miller to Congressman Wally Herger (Chico) requesting a Congressional investigation into the activities of the Mine Safety and Health Administration

Old-Time Mining Geology Books


Geology books are best used by geologists, but many of the old-time books can be understood by most anyone who has an interest in rocks and minerals. Certain words or phrases may stump the layman, but just skip those parts and go on to the portions of the books that are easily understood. Some of the old-time mining geology books should be in every small miner’s collection.

The Rest of the Story—Detecting With Ray Mills


Ray followed up by detecting the same area and I was happy to see that he did not find any good targets in the same line. So far so good.

Picks & Pans: Confessions of a Small Miner—Part I


On a beautiful day in 1971, my wife and I were scratching around some old miner's camp when I dug up a metal gold pan and thought I would try my hand at panning for gold. (mistake #1)

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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

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