Stimulus Package Provides Potential Tax Savings For Miners
April 2009 by Mark E. BattersbyThe American Recovery and Reinvestment Act of 2009, a nearly $800 billion stimulus package, includes nearly $300 billion in potential tax savings. Every prospector, miner and mining operator can share in over $75 billion in tax benefits for 2009 and 2010.
Mergers and acquisitions continue at a record pace in 2006 as companies attempt to replace dwindling reserves. Mining companies find that it is more expedient to purchase additional reserves by acquisition than to spend time and money for exploration and startup, even more so when their stock prices are much higher as compared to recent years.
There is a major change coming in the economy of the world and now is the time for prospectors and miners to grab a ticket and get on board.
Within 30 minutes, a nice, coarse nugget popped up right in the gold pan, and the rush was on! We worked hard for the entire day. Though some pans were not as good as others, the gold was good enough to...
Augers can be used effectively for placer exploration with certain limitations.
• EPA rule blocked
Many miners have failed to exercise their rights by using the power of their Mining Districts and laws that are already on the books, such as 43 CFR 9712.1, which states…
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