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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.$100 Million Lost on Faulty ESA Listing
The Preble’s meadow jumping mouse, once seen as a costly impediment to development, is now viewed by the government as a critter that never really existed—and is no longer in need of federal protection under the Endangered Species Act.
Legislative and Regulatory Update
• GAO opinion contradicts Norton-Leavitt road deal
• Cubin wages battle over public lands decisions
• Washington State rivers are open, work continues
• Recent FWS habitat, endangered or threatened proposals
Lucky Shot Mine and the Willow Creek Plutons
Once a thriving mining community, the town of Lucky Shot, Alaska, also known as Kellyville, is nowhere to be found today. Buildings were either hauled away or burned. The snow loads of the Talkeetna Mountains crushed some of...
Mining Stock Quotes and Mineral & Metal Prices
The Bawl Mill
• ...three more days
The Bawl Mill
• Just because it looks American, doesn’t mean it is…
• Attempted hacking by Homeland Security?
• 37% more than they counted on…
• The high price of wind power
Melman on Gold & Silver
While we have spent the past few years trying to adjust to wave after wave of new industries, new language and new influences in our lives, this past month the world's attention has once again returned to the cradle of civilization, the Middle East.
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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
