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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.Detecting Alluvial Bench Deposits -- Pt II
Walking around the gulch and exploring the upper drainage, picking up different rocks and inspecting them with a good loop, and looking them up in a field guide of rocks and minerals of your region will help you understand how the gold got there.
Melman on Gold & Silver
We’re all familiar with the saying, “What goes up must come down,” but last month the markets took the opposite tack and the mantra became, “What went down must come up” as strong rallies moved the Dow, NASDAQ and even our world of gold higher.
The Bawl Mill
• Two steps forward, several billion steps back
• No daylight "savings" in DC
• China invades Washington, DC
• Center gives new meaning to "protection"
Melman on Gold & Silver
This was not a month for the weak-hearted. During the past thirty days, we have had an explosive intensification of the Middle East conflict, threats of OPEC using the “Oil Weapon” once again, a growing chain of events flowing out of the Enron collapse and...
Looking Back
Excerpts from California Mining Journal, our original title, published 50 years ago this month.
Charcoal Crucible Recipe
...using charcoal briquettes (and no starter fluid) and a few other easily attainable ingredients.
What Can I Do to Save My Mining Rights?
We can either surrender or draw a line in the sand and fight to hold the remaining mining rights we still have.
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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
