Large Scale Mining
“The evidence is clear—mineral deposits alone are not enough to attract precious commodity investment dollars...”
Please note that new mining claims filed on or after September 1, 2019, will be subject to the new fee schedule.
Knowing how and when to deduct the cost and expenses of the vehicles used in the prospecting or mining operation can have significant tax implications.
The Oatman/San Francisco Mining District’s historic gold production of 2.2 million ounces of gold since the 1880s makes this area Arizona’s greatest primary gold producing district.
This is the point where you might ask, “What do these types of contracts typically look like and how are they negotiated?” Well, that is the topic of this month’s article.
Critical minerals are products that the government has designated as critical to our national interest because of both their potential military and industrial applications.
We sent them a lot of information, including my presentation about the area and its potential. We were excited to learn a couple weeks later that the company was interested in the property.
The non-toxic thiosulfate is actually the medical antidote given to people for cyanide poisoning. By accomplishing both neutralization and metals recovery, this process creates an economic and environmentally attractive process.
There is no question the economy will not always be as good as it is now. There is also no doubt that someday the lack of exploration and the ore in existing mines running out will come home to roost.
It is not necessary to have a PhD in geology, but you need to know the basics, so that’s what I am going to try to dig into here—the understandable basics of these gigantic gold deposits.
According to some experts, after the peak is reached, the production rate will slowly decline until it reaches near zero while the price shoots upward. At that point, we will have pretty much mined all the economic ore deposits that are present on the planet.
There is a major change coming in the economy of the world and now is the time for prospectors and miners to grab a ticket and get on board.
Casperson said he is not worried about businesses subverting the language in the bill because the DEQ would still have the authority to halt the new construction if it is deemed environmentally unsound.