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The Business of Mining: Cars, Trucks and Tax Deductions
December 2006 by Mark E. Battersby
Most importantly, self-employed miners, prospectors or employees (even of their own mining-related business) who own or lease an automobile, can utilize the standard rate so long as they operate only one car at a time for business purposes.Our Readers Say
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Allied Nevada Reactivates Hycroft Mine
Because the gold here is not coarse enough to be recovered in a pan, the deposit was not recognized as holding any significant potential for precious metals until 1908...
It Pays to Know Your Bedrock
On our last trip, we brought ropes and went down the first waterfall forty vertical feet, only to be confronted by a second, sixty-foot-high, overhanging waterfall that emptied into a slot canyon.
Detecting at Old Hydraulic Mines
I finally got out recently for my first full, long weekend prospecting trip of the year. Normally I would have been out much sooner, but we had a real late spring in the Sierra Nevada this year with lots of late rain and snow continuing through all...
Melman on Gold & Silver
Any illusions that the world had become a safer place were certainly put into serious doubt by events over the past few weeks. During that time we have seen a major Israeli incursion into Gaza in retaliation for Hamas attacks on Israel, huge public demonstrations and accusations of fraud regarding the recent election in Mexico and, most recently, terrorist bombings in Mumbai (Bombay), India, which killed about two hundred people and seriously disrupted India’s financial center.
Copper Price Keeps Canadian Miners Busy
The Canadian copper industry is benefiting from the current high metal prices, and exploration activity should remain high over the coming year as new mines are developed and continuous improvement programs increase efficiencies at existing operations.
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