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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.Silver’s Shine is Back
As a precious metal, silver doesn’t have the allure of gold. As an investment, it’s not as hip as Google. But dowdy old silver is suddenly chic. Silver prices are at their highest in more than 25 years, and mining companies are riding an economic boom.
It's Hard to Find Gold!
...even the best prospectors have times when they do not find gold. It is all about taking chances against tough odds and succeeding.
What To Look For—And Look Out For—In A Placer Mineral Report
Buying a placer claim or investing in a placer mining property comes with plenty of financial risks. You need as much information as possible about the mineral deposit in order to minimize those risks.
Epithermal Gold-Quartz Veins
The great mining geologist Waldemar Lindgren used the word “epithermal” to describe a type of quartz vein commonly found in desert regions of the United States and Mexico.
A Golden Dream Come True
We found the area where this patch of gold nuggets was located by researching several books on old mining districts. By the end of the 2006 winter we had about five different locations that we wanted to investigate.
Judge Denies Request To Delay Michigan Mine
Manderfield’s ruling opens the way for Kennecott Eagle to begin blasting. The company has declined to say when it will start. A spokeswoman said drilling would begin “in the coming weeks".
The Phoenix Gold Mine: A Brief History
The Phoenix Gold Mine is located approximately 7 miles south of Concord, North Carolina, and was discovered in about 1836, some 37 years following the first discovery of gold in the United States and a few years following the discovery of gold in quartz veins by Joseph Barringer.
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