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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.Mining Stock Quotes and Mineral & Metal Prices
The Golden Highway—El Dorado County
Continuing northward and crossing the Consumnes River along California’s famed Highway 49, the “Golden Highway” leads through the heart of the Mother Lode countryto El Dorado County. This is where the Gold Rush began...
Legislative and Regulatory Update
• BLM Proposes suspension of 3809 regulation changes
• Monuments addressed by new administration
• Progress made on Clinton's Roadless Rule
• Changes at USFS
• Federal agencies pull back salmon biological opinion
Ask The Experts - Need assaying advice
MMAC Update
Pearson called the trip, “The most productive so far. We are courting over a dozen potential sponsors now. We had some members call us back for additional meetings and several of these lasted over an hour.”
Ask The Experts
What are the steps for filing a mining claim?
Ask The Experts: Small-scale drilling
Q: What is available to a small prospector? How does one prospect (drill) into the walls of an old hard rock mine to see what is 10 feet beyond...
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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







