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The Business of Mines—Consider Your Tax Deductions Now
May 2007 by Mark E. Battersby
Uncle Sam, the not-so-silent partner of every miner, dredger and prospector is willing, using our tax laws, to help reduce out-of-pocket expenditures necessary to acquire business assets and property. In addition to the well-known depreciation deduction, however, the tax laws permit tax write-offs for other, less tangible business assets. The best time to explore and lock-in many of these overlooked and misunderstood deductions is now, well before the end of the tax year.Sampling Mineral Deposits
The accurate sampling of mineral deposits for testing and analysis is perhaps the most important step involved in both mineral exploration and development. It is a critical factor in initial prospecting efforts and the preliminary investigation of grassroots exploration projects, yet sampling is often performed in a haphazard and incomplete fashion during the early stages of prospecting and exploration activities.
Drywashing Alluvial Placers
Portable, hand-operated, bellows drywashers have been used for over a hundred years to recover gold in the deserts of Arizona, New Mexico, California and Nevada. Drywashers were considered a last resort over...
Melman on Gold & Silver
The only phrase that comes to mind in reviewing this past month is "deja vu." We've seen all this before; falling gold prices, rising stock markets, soaring hi-tech stocks, crazy initial public offerings (IPO's) and a return to public confidence that all problems can be solved.
Critical Metals: Copper
From time to time I’ve been doing a series on critical metals and how important they are to our complex and technological society. This month we are going to take a look at copper, and how important that metal is to our modern lives.
Eastern Oregon Mine Seeks Permits
After a host of companies spent 20 years prospecting, a mining firm is ready to make a play on the $2 billion lode of gold sitting in Eastern Oregon.
Resource Maven Independent Analysis of the Resource Markets
Its Been An Interesting Month For Metals
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The Bawl Mill
• Ask the Experts—Where can I find plans for a home-built suction dredge?
• Ask The Experts—Can you help explain the ratings in Melman On Gold & Silver?
• Recovering Values from Black Sands
• Typhoon Exploration—Junior Mining Company Moves Forward in Quebec
• Kalgoorlie, Australia—Born of Gold
• Colorado Court Rules on Cyanide Ban
• Selling Your Gold—Where To Start
• Exploration, Development and Taxes
• US v. Donald Eno—IBLA Rules in Favor of Miner
• Miners Clean Washington Rivers and Streams
• Melman on Gold & Silver
• Mining Stock Quotes, Mineral & Metal Prices
• Looking Back
