The Business of Mining—Family Mining Business Tax Savings
April 2007 by Mark E. BattersbyThere has been much said and written about nepotism, especially in government and business. There is, however, no written rule that would prevent any miner or prospector from hiring a spouse, children or other family members in the prospecting, mining or dredging business. There may even be tax advantages associated with that nepotism.
Perhaps the first and most important is the fact that the foreign exchange value of the US Dollar has been going down steadily for several months. As the value of the Dollar goes down, the price of goods in Dollar terms tend to go up…
- Taking (apart) the (solar) road less traveled...
- Fill'er up
Don Eno, a long-time member and supporter of Public Lands for the People, won his case in front of the Interior Board of Land Appeals (IBLA), defeating the Forest Service’s attempt to prevent him from mining on his placer claim.
The Klamath Mountain province includes a number of separate mountain ranges, such as the Bully Choop, Marble, Salmon, Siskiyou, Trinity Alps, and Yolla Bolly, among others. They are collectively referred to as the “Klamath Mountains” in this article.
His brother’s friend showed him a vial of gold that originated from his family’s mine in Honduras. Within two weeks Ernie had flown to Honduras to get a first-hand tour of the historic mine and the primitive operation underway to recover the gold.
A relaxing trip was long overdue. The deadlines associated with assembling a magazine each month tend to wear on you after awhile. I needed a break. Several organizers of Dredge Earth First were...
The Bawl Mill • Ask the Experts—How do I remove gold from black sands? • Ask the Experts—How did the bill to address RS 2477 pan out? • Ask the Experts—How can I separate gold from carbon? • Wild and Scenic Rivers Act (P.L. 90-542, as Amended) • Platinum Placers and Nuggets • In Pursuit of Gold & Silver in the Sierra Madres—The Tejeda Mines • Successful Nugget Hunting • Oregon Miners Update • The Prevleator • Mining Boom Is Back In Northern Nevada • Lease Issued For Potential Mine Near Mount St. Helens • Looking Back • Melman on Gold & Silver • Mining Stock Quotes and Mineral & Metal Prices