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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.More Small-Scale Miners Attracted by Gold Prices
With gold hovering above $650 an ounce, interest in panning and prospecting for the pricey precious metal in northern Idaho’s icy streams and on its rugged mountainsides has enjoyed a mini-boom.
The Other Minerals of Mt. Diablo
Although it is now known that Mount Diablo, located in Contra Costa County in the East Bay region of the San Francisco Bay Area, was the site of the largest coal mining operation in the state during the last half of the 19th century... this majestic focal point... also was the source of other minerals.
A Great Day On The Feather River
Mike and Machael dug in just downriver of that boulder pile and right away found good color and a few small pickers.
Our Readers Say
Federal and State Biologists Accused of Planting Evidence
Federal and state wildlife biologists planted false evidence of a rare cat species in two national forests, officials told The Washington Times.
California Wilderness Coalition and The Nature Conservancy Recruit Government Employees to Carry Out Huge Land Grab
US Geological Survey, US Forest Service, Bureau of Land Management, and California State Employees Attend Environmental Extremist Conference.
10,000 Shovels Back Protest
Gov. Kenny Guinn added his backing to a protest against the Forest Service in Elko as an estimated 10,000 shovels arrived in Nevada in a show of support from loggers, ranchers and miners across the country.
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