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.
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.
• 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.
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.
Q: Graphite spray to prevent sticking when using cast iron molds
Landowners complained that mineral mining on or near their property could damage property values while leaving them without a cut of potential profits.
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.
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.
The Bawl Mill • From The Editor • Detecting Invisible Gold • Finding Diamond Deposits With Your PC—Part I • Has Senator Harry Reid Worn Out His Welcome? • The Most Obvious Place • The Gold of Yuba County • PDAC 2009 Convention Highlights • Melman on Gold & Silver • Mining Stock Quotes, Mineral & Metal Prices