All Articles
Miners: Plan Ahead for Next Year's Taxes
May 2005 by Mark E. Battersby
Many well-equipped prospecting or mining operations, those with adequate, up-to-date equipment, have discovered a secret: Uncle Sam, in the form of our tax laws, is eager to pick-up a portion of the tab for acquiring and modernizing the equipment necessary to operate a successful mining operation business.Hands & Pans on the South Yuba River
If you confess to being a recreational "hands-and-pans" mining enthusiast, chances are you do not hold your own valid mining claim. You also realize locating a stretch of stream or river to legitimately dip your gold pan into is as much work to find as those precious flecks of gold.
Turning Hobby Mining into Business Mining
The first thing a person should do is seriously consider whether they want to go mining as a hobby or a business, and the tax implications of the choice.
Blackberries and Gold
There were iron stains all over and even a few places where I could see iron trash sticking out of the bedrock. These would be ideal spots to start with as the gold travels with the iron and lead.
BLM Runs Check on Assay Services
The Bureau of Land Management (BLM) recently conducted a multi-year study of sixty-five assay laboratories to determine the accuracy of their testing procedures. The laboratories, all located in North America, were provided with ore samples of known concentrations without benefit of identifying the source as BLM. Payment was rendered for the service provided.
Internet Posting Fuels Gold Rush in Brazilian Town
It’s a gold rush in the Amazon jungle, driven by the Internet.
The Gold Hill and Iowa Mine 1895-1938
Mining was curtailed at the Gold Hill Mine in Quartsburg, Idaho, in September 1895, because the owners disagreed about the profitability of pumping large volumes of water from the workings and mining the sulfide ores encountered in the lower levels. In June 1896, the property was sold at auction to A. H. Boomer of San Francisco, California for $4,500. The following day Boomer deeded the mine to...
Cripple Creek, Colorado
The historic mining town of Cripple Creek (population 600) is 43 miles, by paved highway, west of Colorado Springs, almost two miles high in the Colorado Rockies.
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