Platinum and Diamond Discoveries Shine New Light on Historic Alaska Gold-Mining District
March 2001 by Dennis R. GarrettA rush of platinum and diamond exploration projects and discoveries is generating renewed interest in the historic gold-producing region of the Yentna-Cache Creek District in south-central Alaska.
During the past decade, gold prices have been on a serious roller coaster ride. This year, the ride has taken a turn for the worse—straight down hill. Members of the precious metals mining industry have been hanging on as tight as they can.
During the two weeks that Jack had been hanging around the dump, no more than a dozen words had passed between us. As far as I knew, he didn’t know any more about me than I did about him. Consequently, I couldn’t believe my ears when I heard Jack ask, “Would you like to come and work with me?”
Uncle Sam, the not-so-silent partner of every miner, dredger and prospector is willing, using our tax laws, to help reduce out-of-pocket expenditures necessary to acquire business assets and property. In addition to the well-known depreciation deduction, however, the tax laws permit tax write-offs for other, less tangible business assets. The best time to explore and lock-in many of these overlooked and misunderstood deductions is now, well before the end of the tax year.
• Backdoor Wild Lands order
• PLP reports on latest dredge lawsuit
• Massive lands bill avoided
• No cap and trade for now
• RS-2477 rights affirmed
Sometime during the hippie days of the 1960s, the world became aware of the custom of chanting mantras. At that time, the favorite was the word “OM.” Well, the financial community seems to have recaptured the custom of chanting...
Well, the Iraqi War is over, at least the active, battlefield portion of it. “All” that remains is to create a democratic nation in a region where political freedom is a virtually unknown concept. With the conflict over, many observers now eagerly await the post-war boom that has accompanied some previous major wars, particularly World War II.
The Bawl Mill • Our Readers Say • Gem Theft in Tucson • BLM 3809 Final Rule Implications • Winter Dredging • Selecting a Gold Recovery System • Placer Diamonds in Venezuela • Picks & Pans: Leon Always Finds the Most Gold • Company Notes • The Swift Shore Mine 1862—Present • Placer Gold in the Black Hills, South Dakota • GATA Update • Melman on Gold & Silver • Mining Stock Quotes and Mineral & Metal Prices