Saved Before the Tax Bell Tolled
February 2007 by Mark E. BattersbyThe owners of many prospecting, dredging and mining operations may be missing a number of newly extended and expanded tax breaks under the false impressions that they expired. Other tax breaks that may have been overlooked in the past have now been clarified thanks to the last-minute passage of a new tax law.
It was here, so long ago that the Gold Bullion Mine once had a promising future. I could almost hear the old stamp mill still echoing out its rhythm, pounding rich gold ore into small pieces.
Once again last month the world seemed to be tottering uncertainly on the precipice of whether to continue with some manner of austerity in order to begin restoring government balance sheets to some semblance of fiscal conservatism or whether to openly return to the previous eras of wide-open stimulation via debt, deficits and unlimited money creation.
With property values trending upward over the past several years, many owners who purchased their businesses years ago are now discovering that the building housing the mining operation or supply business is the most valuable part of their business.
I am going to keep to the basics of surface indications and visual clues in the rocks and minerals themselves that help me find gold-bearing veins in this classification of deposits.
Q: Who manufactures the diagonal vibrating table?
Three environmental groups have served formal notice that they intend to sue the U.S. Forest Service for failing to protect the Canada lynx as a threatened species under the Endangered Species Act.
The Bawl Mill • Prospectors Beat Mining Claim Tax • In Pursuit of Gold and Silver in the Sierra Madres—Establishing a Mining Company in Mexico • Update On “Special Rock” Kicking • Michigan DEQ Gives Tentative OK to Nickel, Copper Mine • The Petersville—Yentna Goldfields • Demand for Copper Boosts Zambian Mining • Doc Livingston • Bum Luck • San Manuel Mine Officially Closes With a Bang • Environmentalists Target Pebble Mine • Detecting in Australia's Pilbara Region • Melman on Gold & Silver • Mining Stock Quotes and Mineral & Metal Prices • Looking Back