The Safety in Tax Deductions for Safety
July 2005 by Mark E. BattersbyThe not-so-silent partner of every small or large mining operation and business, Uncle Sam, has quite a bit to say about how safe the operation should be and how it should operate safely. Although the government rarely funds the rules and regulations that businesses are required to comply with, some relief can often be found in our tax laws.
"Suh-wheet!" I exclaimed as I sprang to my feet and quickly pumped my detector coil high overhead to alert Smokey that I had just found a nugget.
When I teach people about finding gold, I often explain that it is helpful to think of any river or stream that carries gold as being something like a sluice box.
The year 2004 feels much like the fabled month of March, entering like a lion, remaining stormy for much of the time, but exiting like a lamb. It is almost eerie how there has been a reduction of tension throughout the investment communities, both conventional and precious metals, in the past few weeks.
Most gold-bearing veins in this region are controlled by fractures associated with the Melones Fault, a late Cretaceous structure that is 108 to 127 million years old.
Excerpts from California Mining Journal, our original title, published 50 years ago this month.
• A Perfect Way to Begin 2000...
• A New Way to Fill City Coffers...
• Americans Pay More...
• Mother always told you to wear clean underwear...
More and more miners and prospectors are using personal computers and Global Positioning System Satellite receivers to satisfy the needs of vocations or hobbies.
The Bawl Mill • Our Readers Say • The Montana Tunnels Discovery • Spreading the Fever • Forest Service Final Rule—When is a Notice or Plan Required? • Looking Back • New Regulations for Major Precious Metal Dealers • The Paradox Basin—Part I • Understanding and Evaluating Desert Mineralization for Nuggetshooters • A Search for Tantalum • Copper is King in Arizona • Mining Stock Quotes and Mineral & Metal Prices • Melman on Gold & Silver