Mining Stock Quotes and Mineral & Metal Prices
April 2012 by Staff
Knowing how and when to deduct the cost and expenses of the vehicles used in the prospecting or mining operation can have significant tax implications.
In an effort to resolve the controversy over whether certain expenditures made by a mining operation or mining-related business are currently deductible as repair expenses...the Internal Revenue Service has finally released new regulations.
In terms of gold and silver, if this mountain of unbacked debt, now reaching several trillions of dollars, Euros, Yen or other currencies begins to truly collapse into an inflationary spiral, we will witness the onset of the mother of all precious metals bull markets.
Another area of growing international concern for business and industry is the recent astonishing proliferation of new government regulations and laws. Despite the presumably good intentions behind these measures it is now becoming apparent that they are imposing true costs to our economic society. The sheer variety of these laws and regulations is mind-boggling.
Two potentially important Canadian projects, which could have produced revenues in the billions and jobs in the tens of thousands, have now been officially abandoned and the reasons offered by both relate to the economic impossibility of successfully negotiating all the regulatory obstacles that have been presented.
…the general investment community has turned away from mining shares over the past three years and moved whole-heartedly into conventional investments.
The Bawl Mill • Ask the Experts • Ask the Experts • Prospecting Homonyms • Revisiting an Old Mine in Idaho Reaps Rewards • Today's MSHA • Following Clues to a Lost Gold Deposit—The Northern Extension of the Cedarberg • Bering Sea Gold—Part I • Safety With a Tax Deduction • Who Says You Have to Own a Claim to Find Gold? • US Policies Holding Back Arizona • Judge Gives OK to Nevada Mining Tax Initiative • Melman on Gold & Silver