The Business of Mining—Home Office Tax Deduction
November 2009 by Mark E. BattersbyIt is not just a few small-scale prospectors who use a home office. An increasing number of miners, prospectors, and mining-related business owners are operating at least a portion of their business from a home office.
With Congress showing little willingness to act, the Clinton administration is weighing whether to designate a dozen scenic and historic sites in the West as federal monuments to assure their protection.
“When dealing with federal agencies...”
Reservers and resources are very important to prospectors and miners, but they may be vague terms to some.
This explains the large difference in particle sizes between placers and hydrothermal lode deposits, but also means that while the mining may be similar in some cases, the sampling and recovery techniques are usually quite different.
It all started with a phone call from my friend and prospecting partner Pat Keene. He told me that he knew of an investor who was just starting out in the gold industry and was looking for a gold consultant to go to Africa to prospect and analyze a 400 sq. mile concession in the middle of the Congo rainforest. I waited for the “just kidding” line...
For over twenty years, Rahall has been introducing bills in an attempt to overhaul the 1872 Mining Law. On May 10, 2007, he introduced another bill, HR 2262, which would drastically change the laws governing mining if enacted. This time, his bill may have a chance.
It starts out innocently enough…
The Bawl Mill • Molycorp Minerals Reopens Mountain Pass Mine • Utah's Crescent Creek Placers • Peshastin Creek, Washington • Michigan Proposal Would Restrict Mining Operations • No Gravel, No Gold • Nevada Regulators Reach Agreement With Queenstake Resources • Stillwater Recovers Without GM’s Business • Gold Has Shown Its Mettle, But How High Can It Go? • Utility Agrees to Remove Four Klamath River Dams • Melman on Gold & Silver • Mining Stock Quotes & Mineral and Metal Prices