The Business of Mining—The Benefits of an S Corporation
November 2007 by Mark E. BattersbyImagine the liability protection of a corporation and the pass-through tax benefits of a partnership in one entity for your mining or prospecting operation.
Unfortunately, mining is politically unpopular and support of the mining industry, no matter how many jobs it brings to a state, even in times of difficult financial need, is never popular among politicians of any stripe.
• Reality show or reality?
• Big brother pays well...
• "Less is more" is really less
• Great at escaping, not so good at evading...
• Free firearms training classes...for teachers
• Science fiction?
• It was just environmentally friendly landscaping...
• A very generous pension plan
At the time of this writing the draft permit for dredging in Oregon, which may also include small-scale operations like hand sluicing or possibly even panning, was not available for public comment or review.
If you're really serious about finding gold, you must commit yourself to the search. The odds are against success if you depend upon luck.
• Comments needed
• California tries another route to restrict miners and dredgers
The Bawl Mill • Ask the Experts • Prairie Creek Project Approaches Final Hurdle • A Golden Dream Come True • Dawson City and the World Gold Panning Championships • Journeys in the Kingman Quadrangle—Part IV • Silver Bonanza in the Sierra Madre: The Glorious Past of Batopilas—Part II • Melman on Gold & Silver • Mining Stock Quotes and Mineral & Metal Prices • The Risks of Mining Overseas