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Miners: Plan Ahead for Next Year's Taxes

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.

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Looking Back


Excerpts from CMJ, our original title, published 50 years ago this month.

Ask The Experts - Geophysics or drilling? Which is best for this project?


Ruling Awards Giant Nugget to Finder


A court ruled that a taxi driver and amateur prospector who unearthed a 14.5-pound (6.6-kg) gold nugget on someone else's land is allowed to keep it.

Legislative and Regulatory Update


• The ESA used, and apparently abused, in Arizona and New Mexico
• In a somewhat related story...
• Among the numerous bills that died when Congress adjourned...
• More on the ESA
• Miners must present proof of filing, says IBLA
• Federal government backs mining project
• Appeals Court says Clinton roadless rule can stay

A Few Prospecting Notes From Jim Straight


The article that appeared in the October 2002 Issue of ICMJ, “Confessions of a Professional Nuggetshooter,” by Lunk, is an example of how to use a “deep-seeking-type” metal detector to lay down a grid pattern to “mine” eluvial placer gold after prospecting and finding the first nugget as the locus.

House Chair Requests Records on Forest Decision


House Resources Chairman Don Young is asking the White House and Agriculture Department for records related to President Clinton's decision to place 40 million acres of remote, federal forest land off-limits for development.

The Bawl Mill


• Congress hits an all-time low
• FEMA—Federal Emergency MISmanagement Again...
• But everyone else is doing it...

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