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The Business Of Mining: Profits, Losses, Hobbies and Businesses

Everyone can deduct all of the ordinary and necessary expenses of conducting a trade or business. But how can anyone hope to refute the IRS’s labeling of their activity as a hobby or, probably more importantly, hope to achieve the label of a tax business?

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Picks & Pans: Detecting Micro-Nuggets


I like to play in a big sandbox called the Mojave Desert. I have different ways of getting my kicks. My particular delight is seeing, “How low can I go?” Blame it on too much sun, but there are days I don’t feel like drywashing.

Legislative and Regulatory Update


• Roadless Rule back in play
• Action needed on SB 670
• Abbey recommended to head BLM
• Capped and jobless
• S 787
• SB 796 & HR 699

Legislative and Regulatory Update


• Battle continues in the "Golden State"
• California Water Board needs your comments

California: The Land of Big Nuggets—Part I


The nugget sat there in plain sight, though it was covered in dirt, while hundreds of people had passed that way every day.

Working the Belmont Mine—1953 (Part 3—Conclusion)


Tuesday morning started off much like Monday except Jack wasn’t packing a bunch of drill bits. We wandered off toward the bottom of the raise, adjusted our bed boards, had a cup of coffee from our buckets, and smoked a cigarette. Then Jack stretched, stood up, and remarked, “Guess I might as well go up and see what it looks like. You wait here for now. When I call down, send up a section of ladder and eight laggings.”

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The Iditarod-Innoko Goldfields


To many, the Iditarod is associated with Alaska’s famous Iditarod Sled Dog Race. Mushers leave Anchorage by dog team and mush their huskies 1,049 miles across Alaska to Nome on the Iditarod Trail, which was also a trail...

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The Bawl Mill   • Where To Find Diamonds   • Miners Find Encouraging Prospects Near Livengood   • Glen's Big Find   • Suction Dredge Study   • Lluvia de Oro— A Shower of Gold Awaiting Development in the Sierra Madre—Part I   • Beyond The End of The Road   • Barnes Store and Yankee Jims   • Mining Tax Increase Suggested   • Opening Ceremony for Buckhorn Mine   • Mining Journal Contest—How Much Is That Old Mining Journal Worth?   • Melman on Gold & Silver   • Mining Stock Quotes and Mineral & Metal Prices

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