From the Editor
November 2001 by Scott HarnAs we all get back to “normal,” or as close to it as we can, I want to take this opportunity to thank all of our advertisers for sticking it out through the hard times.
- DOI to address threatened species
- 141 Confirmations still pending
- California withdrawals canceled
Hardrock mining in the US has been hit by a tragic streak of mining accidents in recent months.
The American Recovery and Reinvestment Act of 2009, a nearly $800 billion stimulus package, includes nearly $300 billion in potential tax savings. Every prospector, miner and mining operator can share in over $75 billion in tax benefits for 2009 and 2010.
Normally this spot is reserved for a little humor or diatribe about government abuse. In light of recent events, I don’t think it’s appropriate for this issue. Following are a few personal comments.
The recently passed Economic Stimulus Package of 2008 is a $168-billion economic “rescue” package that includes rebates for taxpayers and tax breaks for businesses. At the heart of the package are tax rebates, scheduled to be distributed beginning in early May. The tax breaks for small-scale mining operations and businesses are retroactive to the beginning of 2008.
The entire petroleum complex has once again taken center stage in the world’s financial markets as prices for crude surged to near all-time highs at $55 per barrel and associated products such as heating oil and unleaded gasoline (see chart analysis below) soared through previous peaks. What made these new rallies so remarkable...
One of the first pieces of prospecting equipment I acquired was a really nice little aluminum backpack sluice. I’ve used it for some time now and have always been impressed with how well it works for keeping the fine wire gold. But ever since I got on the Internet and started looking around for prospecting stuff, I have been toying with the idea of making a flexible conduit sluice.
The Bawl Mill • Our Readers Say • Guest Editorial—Exploiting Tragedy • Placer Gold in Utah • President Bush: Put ANWR Drilling in Energy Bill • Aussie Gold • Picks & Pans: Working the Ol' Paystreak • High Country Dredging in Kaufman Creek, Colorado • How to Become a More Successful Nugget Detectorist—And Basic Information on Machines • Altar District's Golden Lure • The Manson Mine • California State Gold Panning Championship Results • Gold in Panama • Melman on Gold & Silver • Mining Stock Quotes and Mineral & Metal Prices