Miners: Plan Ahead for Next Year's Taxes
May 2005 by Mark E. BattersbyMany 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.
Ore processing in California?
After a short time, the tailings pile can get very large, and can actually block the downstream end of the sluice box.
Please note that new mining claims filed on or after September 1, 2019, will be subject to the new fee schedule.
The process we will be using is called “blockholing,” and it is commonly used at mines and in construction projects to break up oversize material into sizes that can be easily handled.
A breccia pipe, or chimney, is an irregular cylindrical mass of breccia that is often silicified and stands out as an iron-stained knob. They can be from a few feet to several hundred feet in diameter, and may or may not be mineralized.
At the well-known Rio Tinto copper district, Huelva, in southwestern Spain, large quantities of copper were found beneath a gossan of hematite at an average depth of 100 feet. The deposits were first mined during Roman times.
With gold hovering above $650 an ounce, interest in panning and prospecting for the pricey precious metal in northern Idaho’s icy streams and on its rugged mountainsides has enjoyed a mini-boom.
The Bawl Mill • Our Readers Say • Estimating Gold Values in Placer Gravels • Lode Gold in Nicaragua • California's Original Sixteen to One Mine • Montana Multiple Use Association Backs Miner • Picks & Pans: Detecting Micro-Nuggets • Diamond Search Underway in Alaska and Minnesota • Mining Outfits Eye 50-Year Supply of Iron Ore • Goldfield—Princess of the Mojave • Couple Creates Jewelry of the Iron Range • Melman on Gold & Silver • Looking Back • Mining Stock Quotes and Mineral & Metal Prices