Exploration, Development and Taxes
May 2007 by Scott HarnFurther 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.
Gatesville is not the only place to find easy public access for gold prospecting opportunities in Central Indiana.
Although the costs of meals and lodging while away from home for business travel or attending meetings, conventions and tradeshows is deductible...
Where to process high grade gold ore containing sulfides?
Original Sixteen to One Mine, Inc. has experienced unreasonable heavy-handed enforcement by the federal Mine Safety and Health Administration (MSHA) for the past two years (see ICMJ January 2000 issue). The publicly listed company operates a traditional underground gold mine...
I started the New Year of 1998 with great anticipation of finding that elusive vein of gold. Twice a year I planned my vacation carefully, not to miss the Fourth of July and Labor Day weekend. I wanted to be smack in the heart of the Downieville gold field.
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