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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 Gold Of Horseshoe Bend
And we eventually reached gold. It was a winding crevice of beautiful white quartz lined with small nuggets and loaded with fine gold. There were flakes and small granular pieces—there had to be a hundred or more.
Mining Stock Quotes & Mineral and Metal Prices
Ask The Experts—Studies with summaries and conclusions please...
Q: ...A number of scientific studies have been done that concluded our level of dredging is “not” harmful to fish or habitat. I suggest that the Mining Journal list some of these specific studies with brief summaries and conclusions.
Thinking Outside The Creek
Imagine for a minute the year is 1850. You’ve read and heard that gold was discovered in California and the creeks are so rich you can just scoop it up with your hands.
Record $11 Million Fine for California Mine
State regulators imposed a record $11 million fine on the operators of a gold mine in the Sierra foothills east of Sacramento.
Melman on Gold & Silver
It is difficult to look at unrestrained growth in such important monetary indicators without becoming concerned about the future stability of America's economic system.
NWMA Show
Every year the Northwest Mining Association holds an industry trade show. Many vendors are on hand, and there are many presentations given. With thousands of folks in attendance it’s not hard to get a pulse on what is happening in the mining industry.
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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
