Fix or Replace, Depreciate or Write-Off
June 2010 by Mark E. BattersbyIn today’s economy, the question is often not whether to fix or replace equipment, fixtures, business assets or even the building housing the mining operation or mining-related business, it is which path is affordable.
Modern-day placer miners have many advantages over the prospectors of the gold rush days. Our prospectors can reap many benefits from accumulated knowledge of the last 100 to 150 years, which is a long and impressive list.
In October, five of us decided to take an exploration trip into an area called Green Valley. This was perhaps ten miles upstream from where we had gone in September and the difficulty was access. One would think that based on the name it was an easily accessible area not far from a nearby town. This couldn’t be more wrong.
Hard times for the copper industry could cost property owners in Grant County.
Gary Tainter sold his herd of dairy cows two years ago to dig for gold, and so far his venture is paying off.
What today appears to be a “road to nowhere” was once a road to somewhere. At today’s precious metal prices that somewhere can be of great importance to you.
It is better in a gem and mineral mining operation that the driller, blaster and mucker be the same person in order to be able to predict placement of the desired mineral enriched pockets.
Unfortunately, not all the gold that we prospectors find is pretty, or appealing to the eyes. They are not all nice, bright, shiny nuggets with lots of character that carry high collector value.
The Bawl Mill • Legislative and Regulatory Update • Sluicing at Rocky Bar, Idaho • Nine Pound Nugget Found In Northern California! • How Much Gold Is In My Gold-Quartz Specimen? • Glaciers and Placer Gold Deposits • Ask The Experts: Can you help me identify these items? • Getting The Most Value From Your Gold-Quartz Specimens • Highbanking and the House Rock • Melman on Gold & Silver • Mining Stock Quotes & Mineral and Metal Prices