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The Business of Mines—Consider Your Tax Deductions Now
May 2007 by Mark E. Battersby
Uncle Sam, the not-so-silent partner of every miner, dredger and prospector is willing, using our tax laws, to help reduce out-of-pocket expenditures necessary to acquire business assets and property. In addition to the well-known depreciation deduction, however, the tax laws permit tax write-offs for other, less tangible business assets. The best time to explore and lock-in many of these overlooked and misunderstood deductions is now, well before the end of the tax year.The Bawl Mill
• “Mom” and “dad” expelled from school?
• Foxes in the henhouse
• In good company
• Taxpayers torpedoed
Industry Urges Restraint on Mining Reforms
Wyoming mining interests say the federal government doesn't need tougher environmental cleanup rules governing mineral extraction from public lands.
Ask the Experts
Recovering gold from pyrite ore
Melman on Gold & Silver
...further strength in the Dollar, weakness in Crude Oil, and potential bearish action in gold and silver may yet be ahead.
Angkor Gold's Cambodia Projects
Several nations around the world are working diligently to make their countries more attractive to resource development as a means of improving economic development. One such nation is Cambodia, located west of Vietnam, south of Laos and due east of Thailand.
Who is a Qualified Person?
So you think you have an ore deposit? The work has been long and hard, but there are a few drill holes, lots of samples and assays. The data is in a reliable computer and there may be a mine at the end of the tunnel. What is the likelihood of a profitable operation? Can you raise capital for development or exploration?
Spanish Silver in Arizona
When Spaniards entered what is now Arizona, they encountered diggings made by Opata Indians. The Opata Indians, who now live and mine in the northeastern part of the state of Sonora, Mexico, were one of the few Indian tribes that was...
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The Bawl Mill
• Ask the Experts—Where can I find plans for a home-built suction dredge?
• Ask The Experts—Can you help explain the ratings in Melman On Gold & Silver?
• Recovering Values from Black Sands
• Typhoon Exploration—Junior Mining Company Moves Forward in Quebec
• Kalgoorlie, Australia—Born of Gold
• Colorado Court Rules on Cyanide Ban
• Selling Your Gold—Where To Start
• Exploration, Development and Taxes
• US v. Donald Eno—IBLA Rules in Favor of Miner
• Miners Clean Washington Rivers and Streams
• Melman on Gold & Silver
• Mining Stock Quotes, Mineral & Metal Prices
• Looking Back
