Mining Stock Quotes and Mineral & Metal Prices
September 2016 by Staff
...the tax rate for an incorporated, small-scale mine or mining-related business will be reduced from the former 35 percent rate to 21 percent for the 2018 tax year and thereafter.
It’s been no secret that the prices of gold and silver have been moving upward at a fast clip in recent months. Gold has soared 27 percent so far this year. There has not been a significant drop-off in production, so it’s been evident that an increase in demand has been a part of the force driving the price upward.
Perhaps the heart of our pro-gold thesis is this consideration: governments are inherently inefficient, they attempt to provide services far beyond their genuine fiscal ability and these trends result in deficit financing, growing debt levels and ultimate “watering” down of currency values.
The extensive cost reductions now being put in place are not just a short-term reaction to the recent drop in gold prices...
The Bawl Mill • Our Readers Say • Ask The Experts: Is there a safe DIY alternative to cyanide or mercury for extraction? • Ask The Experts: Should I take my claim access problems to the Desert Advisory Council? • Ask The Experts: How do I identify gold in hard rock that may be mixed with other metals? • Ask The Experts • Ask The Experts • Legislative and Regulatory Update • Pickers and Nuggets • Modern-Day Claim Jumping • Oregon's Waldo and Galice Mining Districts Unite • Attention to Detail - Part II • The Seven Troughs Mining District • CA Supreme Court Rules Against Rinehart - But There Is A Solution • Summertime Gold Panning • Melman on Gold & Silver
MMAC & PLP Update