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The Business of Mining—The Benefits of an S Corporation

Imagine the liability protection of a corporation and the pass-through tax benefits of a partnership in one entity for your mining or prospecting operation.

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EPA Chief to Reconsider Paying Claims Over Mine Waste Spill


“We feel that we can clean up an area that has been abandoned after 100 years of mining,” Lyon said.

Picks & Pans: Sniping for Low Stream Gold


In southwestern Canada a couple of summers ago, the weather was extremely dry. So dry in fact, that some of the streams were at lows not seen in many decades. The wonderful advantage for sniping in the following fall was that...

Placer Diamonds in Venezuela


A large number of gem and industrial grade placer diamonds have been found in or near a number of creeks and rivers in Venezuela. The area involved is in the southeastern parts...and is inhabited by fierce Yanomamo Indians.

Something to Consider When You Go Dredging


I have been a gold dredger for 9 years. The first dredge I bought was a 4-inch, with a 5hp engine. It had 15 feet of suction hose, a beat up regulator, a patched air reservoir, and floats that were sun baked and cracked—what a beauty. Vaughn and Darrel sold me this dredge, and could tell that this crazy “Canuck” was excited. We talked for many hours that first day I met them, and I was eager to learn...

No Need to Rewrite Mining Regs, NAS Study Confirms


The findings substantiate what the Northwest Mining Association (NWMA) has been saying since Department of Interior Secretary Bruce Babbitt first began an ill-conceived rule making over three years ago.

Silver Boom Prompts Idaho Mine Expansion


The Lucky Friday is already one of North America’s deepest hard-rock mines. Now, the 62-year-old mine is about to get much deeper.

The Highs and Lows of Drywashing


We were met with a plethora of mechanical problems with the dry washer and even a few with the excavator that were at times frustrating, but we were in this for the long haul, so we needed to solve these problems and move forward.

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