The Business of Mines—Consider Your Tax Deductions Now
May 2007 by Mark E. BattersbyUncle 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.
The Kootenai Tribe has joined Idaho Attorney General AI Lance's suit against the U.S. Forest Service over the Clinton administration's bid to set aside millions of forested acres in the state.
Q: I plan to be filing as the sole owner of the claim. How many claims can I file for and what would be the size of claim(s)?
Judging by news accounts, Tracy was doing exactly what H.R. 365, commonly referred to as the Mining Act of 1866, allows him to do.
One prime example is an area that I have talked about in many of my articles. This is a very large area and I will actually describe its location again.
My interest in gold mining began with a few friends who, knowing that I was a chemist by trade (never mind that I am a biochemist), interrogated me every day at the gringo coffee shop in San Jose, Costa Rica.
Some 11.8 metric tons of gold worth an estimated $110 million, and 30.2 million ounces of silver valued at $121 million, are buried in the rubble below one of the collapsed buildings in the World Trade Center, The New York Times report
The World Gold Council has launched a major Fall advertising campaign designed to capture the attention of American fashion and jewelry conscious women.
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