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For a Few Specks of Gold

The gold at the Ruby Hill Mine is microscopic, specks of specks that amount to a few ounces in every 100 tons of rock. It is embedded hundreds of feet beneath the rocky floor of the high desert, tawny and stubbled with sagebrush, toothy ridges dusted with snow.

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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.

Legislative and Regulatory Update


Robert Sanregret—Attorney at Law
Western Mining Council
National Association of Mining Districts

Legislative and Regulatory Update


• Senator Reid fails mining industry
• Change you can believe in

Ask The Experts - What are the tax implications for partners on a claim?


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Recovering Fine Gold: Getting the Most from Your Sluice Box


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Subscription Required:
The Bawl Mill   • Basic Geology for the Independent Miner—Part VI Geology of Placer Gold Deposits   • Mining is Booming in Northern Ontario   • The Livengood-Tolovana Mining District   • Miners Rescued After Two Weeks   • Mining Firms Uneasy Over Bolivia   • Wyoming's Billion Dollar Nugget   • China to Set Up Strategic Reserves   • Mongolia Tax May Chase Off Investment   • Melman on Gold & Silver   • Mining Stock Quotes and Mineral & Metal Prices

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Legislative and Regulatory Update

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