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Stimulus Package Provides Potential Tax Savings For Miners
April 2009 by Mark E. Battersby
The 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.MMAC Update
We have found strong support from legislators in both the House and Senate for several proposed bills that will provide Mining Districts with a greater role in the decisions that affect access to mining claims, oversight and regulations.
Company Notes
• Great Basin Gold
• Hecla Mining Company
• Newmont Mining Corp.
• U.S. Gold Corp.
• X-Cal Resources Ltd.
• Pan American Silver Corp.
• Corner Bay Silver Inc.
"No Gold Sales" Says Nevada Senator
Senator Richard Bryan (D-NV) is assuring gold producers in Nevada and around the world that Congress will block the Clinton administration's attempt to sell off international gold reserves to help some debt-laden poor countries.
Ask the Experts
Q: Graphite spray to prevent sticking when using cast iron molds
Minnesota Delays Decision on Mineral Leases
Landowners complained that mineral mining on or near their property could damage property values while leaving them without a cut of potential profits.
Strong Support at Suction Dredge Meetings
Just prior to press time, we made our way to Sacramento for the second public scoping meeting to comment on the first draft of the California Department of Fish and Game (DFG) suction dredge permitting program and the new Environmental Impact Report.
Melman on Gold & Silver
All we can say is “Welcome to 2012,” and if the first part of January is any indication, it is going to be quite a year on many fronts from the ongoing international financial crisis to the progress of a presidential election set to end this coming November.
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• Steven's Trail and the North Fork of the American
