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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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Getting Started


He excitedly told me he was going mining and wanted to know where he should go, how to do it, and so on. After he calmed down, I got excited. “I need to go!” was my response.

Melman on Gold & Silver


On a personal level, I have been part of the business, brokerage and financial columnist worlds for 45 years, since the mid-1960s, and in all those years, I have never seen a collection of negative news items similar to what has been published during the past month. In short, taken together they may very well be describing the end of the economic world systems as we know them.

Michigan DEQ Gives Tentative OK to Nickel, Copper Mine


Environmentalists were happy when the state adopted rules governing an underground mining method that hadn’t been tried in Michigan. Now they’re angry.

Gold in New Zealand


In 1965, I visited New Zealand and saw a South Island goldfield. I knew very little about gold at that time and stopped only long enough to peruse a few relics and old photos on the pub wall.

Melman on Gold & Silver


If there was ever a month for the financial markets to rejoice, the one just past would appear to have been ideal. Oil prices declined sharply...the Fed revved up the economy by smashing short-term interest rates to their lowest levels since World War II...and, perhaps most important of all, the Republican Party now has possession of a clean sweep of American political power, controlling the Presidency, Senate and House while Conservatives dominate the Supreme Court.

Miners Claim Victory in Fight That Began with Protest


Albanian miners in the rocky, pine-covered hills of northern Kosovo claim it wasn't just politics or religion or even ethnicity that started their war with the Serbs.

From the Editor


There are several news items of interest here at ICMJ’s Prospecting and Mining Journal.

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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

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