Governor Tells Industry He Will Consider Tax Cuts
March 1999 by Associated PressGov. Bill Owens announced to members of the mining industry that he would consider a proposal that provides significant tax reductions for mining companies.
Half the prospecting adventures I’ve done on the Kenai Peninsula occurred in winter. Not because I enjoyed looking for gold among the ice flows or 34-degree water, but on some creeks winter is the best time to find gold after violent swirl holes slow down.
The Canadian company that owns the Pebble Mine prospect has partnered with Anglo American to develop the Pebble project in Southwest Alaska.
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.
Somehow, we received the impression from these two gatherings and from other conversations that bureaucrats in general are simply not aware of how difficult it is to raise capital to finance mining operations and how important it is for newer companies to show true progress in order to receive further financing.
• Senate looks at HR 2262
• Washington Gold & Fish rules
Smaller exploration and development companies, many of which were international, were driven out of the US during the Clinton era and are now looking for signs that it’s safe to come back. Policy changes, rising metal prices, a weakened dollar and a more positive hiring forecast may be the most attractive set of signs the industry has seen in years.
The Bawl Mill • New York Meeting Examines Gold's Monetary Role • Death Valley Find is Apparent Hoax • Mining Ends in Leadville • Mine Woes Could Mean Higher Taxes • The Federal Land Survey System • Exchange Moves to Protect Investors from Mining Scams • The Beer That Saved Goldfield • Mining Benefits Everyone During Winter Months • AZ Miners and Minerals Department Threatened with Elimination • Alaska Minerals Poster Available from BLM • Digital Tools—The PC and GPS • Small Mines Bill Clears Committee • Successful Mineral Property Promotion • Picks & Pans: Confessions of a Small Miner—Part I • Gold in Moffat County, Colorado • Forest Service Chief Calls for Mining Moratorium in Montana • Company Notes • Gold Mine Becomes "Golden Partner" of California Sesquicentennial • IBLA Limits Patent to Mineral Rights in Wild & Scenic River Corridors • Melman on Gold & Silver • Claim Staking Rush Northern Quebec, Canada • Looking Back