New Silver and Zinc Mine Slated for Montana
September 2012 by Associated PressArizona-based International Silver Inc. is proposing an underground silver and zinc mine in Montana and has asked Butte-Silver Bow County to lease them the surface and mineral rights to hundreds of acres.
During the past decade, silver has been in a pronounced bull market, which many analysts attribute to its unique attractions as both a monetary and industrial metal. One Canadian junior miner, SilverCrest Mines Inc., is working actively to take advantage of silver’s favorable performance by steadily expanding production at its flagship Santa Elena Mine...
NovaGold Resources Inc. announced that a gold prospect in southwest Alaska is ready to advance to permitting.
My partner had the contacts and it wasn’t long before we had an agreement in place and the company had a geologist on site. I recall a time when he was getting the lay of the land, so to speak, and he broke off a rock sample and inspected it with his magnifier.
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.
The settlement did not grant an immediate approval for the project, but it did begin to clear the way for the company to apply for federal permits—a path the Obama administration previously had thwarted.
The $800 million project will provide 300 jobs during production. It will be the only US mine where nickel is the primary targeted mineral, with about 360 million pounds to be extracted.
Let’s take a look at these important property aspects individually, because they all affect the value of a property and how much mining companies might or might not be interested acquiring it.
The Bawl Mill • Cold Alaskan Gold—Part I • Wild and Scenic River Prospecting—North Fork of the American River • Detecting for Gold—Finding Nuggets Where You Least Expect Them • Potholes and Other Bedrock Traps • Financing by the Crowd • Wealth Beyond Your Wildest Imagination • Gold Too Big to Carry • The World of the Simple Gold Pan • Eastern Oregon Mine Seeks Permits • Mining Returns to Historic Comstock • BLM Issues Environmental Review of Wyoming Uranium Mine • Melman on Gold & Silver • Mining Stock Quotes and Mineral & Metal Prices