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.
We’re all familiar with the saying, “What goes up must come down,” but last month the markets took the opposite tack and the mantra became, “What went down must come up” as strong rallies moved the Dow, NASDAQ and even our world of gold higher.
• Unicorns, fairies and cellulosic biofuel
• Who wants to be a millionaire?
We panned out maybe three gold pans of the material and we were shocked at the gold that was there. This rock appeared to be rich.
The Michigan Court of Appeals overturned a lower court ruling that had blocked the state Department of Environmental Quality from deciding whether to issue a permit for a nickel and copper mine in the Upper Peninsula.
Cominco American Inc., the U.S. subsidiary of Vancouver, British Columbia-based Cominco Ltd., is seeking regulatory approval to reopen the mine in early 2002.
Two years after the Bre-X gold mine scandal, the Toronto Stock Exchange proposed dozens of measures February 2 to protect investors from future mining-industry scams.
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