June 1999 by Guest WriterSelected excerpt from USDA Forest Service Technical Report:
Anatomy of a Mine from Prospect to Production
This was one of those stories where you have no doubt that the person telling it believes it to be true. But was it?
Uncle Sam, the not-so-silent partner of every miner, dredger and prospector is willing, using our tax laws, to help reduce out-of-pocket expenditures necessary to acquire business assets and property. In addition to the well-known depreciation deduction, however, the tax laws permit tax write-offs for other, less tangible business assets. The best time to explore and lock-in many of these overlooked and misunderstood deductions is now, well before the end of the tax year.
The first requirement is permission from a land owner. This can be tricky and it’s always a bit nerve-racking to approach a stranger cold with such a request.
• Royal Gold, Inc.
• Fairmile GoldTech, Inc.
• Gemcom Software Int'l Inc.
• Homestake Mining Company
Mergers and acquisitions continue at a record pace in 2006 as companies attempt to replace dwindling reserves. Mining companies find that it is more expedient to purchase additional reserves by acquisition than to spend time and money for exploration and startup, even more so when their stock prices are much higher as compared to recent years.
More than you’d think. For the past several years, we’ve attended countless trade shows across the country, handed out sample copies of ICMJ, and expanded our readership considerably by signing up new subscribers.
The Bawl Mill • GATA Launches Investigation into Gold Price Manipulation • N.Y. Congressman Introduces Utah Wilderness Bill • Gold in Mono County, California • Prospecting Ores Shoots and Hidden Veins for Specimen-Grade Gold Samples • Randsburg—Still Going Strong • You Want a Ripoff? Here's a Ripoff!! • Mining Claim Maintenance Fee Due • Gold and Silver Deposit May Be World's Largest • Aviators Carry Gold Coins • Picks & Pans: Koyukuk River Gold—Prospecting Alaska's Brooks Range • Congressional Request to EPA: "Leave Our Kids Alone!" • Quartz and Chalcedony in Wyoming • Company Notes • Gold at Quartzville, Oregon • Melman on Gold & Silver • Mining Stock Quotes and Mineral & Metal Prices • Looking Back