Money & Markets
Mining, Health Care & Taxes
November 2012 by Mark E. Battersby
Like it or not, the US Supreme Court has ruled and the so-called “Affordable Care Act” (ACA) is now the law of the land—and the Tax Code. What’s more, despite the promises of many politicians to repeal it, it may be around in some form for years to come.Lower Prices Bring Layoffs
The extensive cost reductions now being put in place are not just a short-term reaction to the recent drop in gold prices...
China Gold Imports Increased 500 Percent in 2010
It’s been no secret that the prices of gold and silver have been moving upward at a fast clip in recent months. Gold has soared 27 percent so far this year. There has not been a significant drop-off in production, so it’s been evident that an increase in demand has been a part of the force driving the price upward.
Mining Stock Quotes and Mineral & Metal Prices
New Rules to Impact the Lease/Buy Decision
Whether to buy or lease is a question facing many small-scale operators and prospectors even as credit becomes more readily available. While there is no one correct answer that fits every mining operation or business, compared to the simplicity of buying, leasing is far more complicated and may be getting more complex.
Home Office Deductions
The Internal Revenue Service recently announced (IR-2013-5) a new, simplified option for those who use a home office, which would apply to owners of home-based mining or prospecting operations and businesses.
Deductions: Get 'Em While You Can
...miners, prospectors and mining related businesses are discovering that capital investments in equipment, machinery and other business assets are more affordable today than ever before.
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