Researching and Staking Mining Claims
December 2006 by Chris Ralph
One of the greatest opportunities still available to Americans is the opportunity to stake and own your own mining claim. Much of the Western US consists of lands that are open to claim by any US citizen...
Everyone can deduct all of the ordinary and necessary expenses of conducting a trade or business. But how can anyone hope to refute the IRS’s labeling of their activity as a hobby or, probably more importantly, hope to achieve the label of a tax business?
• Refunds coming to Nevada claimholders
• More wilderness proposed
• Forest Service planning rule
The only thing that saved me was talking to a local miner who gave me a “heads up” that private individuals owned all the mineral rights in that section.
A caldera is a large circular volcanic depression caused by collapse due to the removal of molten magma from an underlying magma chamber. The removal of magma is due to explosive venting of lava and pyroclastic material.
The Bawl Mill • Legislative and Regulatory Update • The Goodnews Bay Platinum Fields • Special Rock • The Business of Mining: Cars, Trucks and Tax Deductions • The Kern River Gold Rush • Finding Gold in Mokelumne River Canyon • Important Court Cases • Smugglers Causing Problems in South Africa • Market Spotlight: Platinum in Demand • Melman on Gold & Silver • Mining Stock Quotes & Mineral and Metal Prices • Looking Back