Gold Mining Bull: Top News For August 2018 | Seeking Alpha

Total gold production from the Sterling Mine between 1980 and 2000 was 194,996 ounces of gold with an average gold grade of 7.44 g/t, according to Northern Empire.

Corporate income taxes, mining royalties and other mining ...

PwC Corporate income taxes, mining royalties and other mining taxes—2012 update 5 Indonesia has tax incentives for specifi c mining activities such as basic iron and steel manufacturing, gold and silver processing, certain brass, aluminium, zinc and nickel processing activities and quarrying of certain metal and non-metal ores.

Internal Revenue Service

General Tax Accounting Principles in the Mining Industry The mining industry maintains certain accounting practices and principles that are somewhat unique to the industry.

Americas Mining & Metals Forum September 2013 - EY

the economics of gold mining. All-in sustaining costs is an extension of the existing "cash cost" metrics and incorporates costs related to sustaining production. All-in costs include all additional costs that reflect the varying costs of producing gold over the lifecycle of a mine. Inconsistency in cash cost reporting among gold

Tax Refund (or Retirement Gold Mine)? - $$imple$aver

The Working Teenager. My oldest daughter (18) worked part-time last summer and earned almost $3,500. Along with officially becoming an "adult" last year, she finally gets to join the rest of us in the joys of filing federal and state income tax returns.

Mineral Tax for Placer Gold Mines - Province of British ...

If you operate a placer gold mine, you file and pay mineral tax annually using the Placer Gold Mine Tax Return.You pay tax on the total sales of minerals from the placer gold mines you operate, unless you qualify for an exemption.. You're operating a placer gold mine if both:

Is Alaska getting its fair share from mining? - Anchorage ...

The bill would have exempted mines that make under $100,000 from paying the mining license tax. The bill made it out of the Alaska House Finance Committee in 2008, but has since stalled.

Mining Tax Canada | Welcome to Mining Tax Canada

Mining Tax Canada is an educational resource for those interested in the Canadian taxation of mining. It seeks to explain the most important elements of the Canadian tax system as it applies to mining, in a non-technical, user-friendly way.

File & Pay Placer Gold Mine Taxes - Province of British ...

Placer Gold Mine Tax Return Your Placer Gold Mine Tax Return reports the results of your mining operation and the tax you owe. Each operator must file a separate tax return for each mine they operated in the last calendar year.


analyses the gold mining tax formula in comparison to the flat rate tax. It also analyses the reasons for the differential treatment of the gold mining industry. Key terms: Gold mining taxation, Economics of gold mining, Natural resources, Renewable resources, Non-renewable resources, Taxation, Gold production, Tax revenue,

Alaska Department of Revenue - Tax Division

Anyone who mines quarry rock, sand and gravel, and/or marketable earth exclusively, is no longer required to obtain a mining license or file a mining license tax return for activities conducted on or after the effective date. More information about the mining license tax.

Minerals Resource Rent Tax - Wikipedia

The Minerals Resource Rent Tax (MRRT) was a tax on profits generated from the mining of non-renewable resources in Australia. It was a replacement for the proposed Resource Super Profit Tax ( …

Market Segment Specialization Program

development expenses with little or no mining income. The miner claims to be in the exploration or development stage when, in fact, gold is being produced and sold. The examiner will generally find that the expenses are related to the extraction of gold while the sales of gold are not reported.

Mining Tax Recommendations | Tax Services | Deloitte ...

New gold mines will be treated as other non-gold mining companies, in other words, they will be subject to tax at the rate of 28% and will be entitled to accelerated allowances similar to manufacturing allowances as previously discussed.

DEQ - Mining -

Part 637: Sand Dune Mining, is administered by the OOGM and is the principle regulation for sand dune mines within designated areas up to two miles inland from Great Lake shorelines. The Statute establishes requirements for permitting, reporting, and reclamation of sand dune mines.

Your Client's Tax Return is a Gold Mine for Planning ...

Your Client's Tax Return is a Gold Mine for Planning Opportunities Posted by Guest Blogger on May 09, 2016 Nonetheless, proactive CPA financial planners and tax professionals know that Form 1040 is a virtual gold mine with many nuggets of information to offer.

Mineral Tax - Province of British Columbia

In some cases, the tax revenue is shared with First Nation communities that have a revenue sharing agreement with the province. Mine operators in B.C. must self-assess and pay Mineral Tax unless they qualify for an exemption or have only removed non-taxable resources. Find out how to file and pay your mineral taxes for: Coal and other mineral mines

Gold mining in the United States - Wikipedia

Gold mining continued there until 1849, when the Mexican miners were lured away by the California Gold Rush. Other gold mining under Spanish and Mexican rule took place in the Oro Blanco district of Santa Cruz County, and the Arivaca district, Pima County.

Mineral royalties and other mining- specific taxes - IM4DC

other non-mining activities. ... assessing corporate income tax. Special taxes for the mining sector generally take the following forms: • Unit based (specific) royalties when the tax base is a physical ... MIneral royaltIes anD other MInIng-speCIfIC taxes • The • The

Zambia mining tax: digging a hole? -

Multinational mining companies operating in Zambia — including from SA, Switzerland, Australia, Brazil, Canada, England and China — have complained about the government's new mining tax ...

Romania hits Canadian firm with $9m 'retaliatory' tax bill ...

Romania hits Canadian firm with $9m 'retaliatory' tax bill over gold mine ... and a series of 1,900-year-old Roman mining galleries.

Mining Taxes and Revenue in Alaska - Ground Truth Trekking

In addition to a much lower tax burden, mining corporations are allowed to deduct their state corporate income tax from their mining license tax, and new mines are exempt from the mineral license tax for the first 3.5 years of operation

Canadian Taxation of Mining - Mining Tax Canada

for mining investment, and Canada offers a stable tax regime that is especially favorable for foreign activities of Canadian mining companies. This article summarizes the Canadian taxation of mining activities. After identifying the different taxes applicable to mining, it goes on to describe the manner in which mining-related expenses are ...


from the tax mining allowances to mining taxpayers only. This is done by preventing these taxpayers from off-setting the special mining allowances against non-mining income within the same tax entity and against income from other mines within the same entity. 8.

Regulations and taxation | World Gold Council

The exploration and mining of gold is subject to a myriad of regulations, typically embedded into a national mining law. National mining laws cover areas such as: licensing process, foreign ownership of land, environment rules, health and safety, tax and royalty payments.

Mining and tax in South Africa: Costs and benefits

written. Most of the tax provisions for the mining sector are outlined in the Income Tax Act (ITA) of 1962. Its key provisions are: Income tax The standard corporate income tax rate for all mining companies except gold miners was 29 per cent of profits in 2007 and 28 per cent in 2008.

South Africa: Mining Companies Seeking Certainty On Tax ...

Gold mines are taxed in terms of a formula which takes into account the marginal tax rate, the portion of tax free revenue, and the ratio of taxable income to total income. 6. A special mining capex regime applies which allows for the accelerated write-off of mining capex against taxable mining income.

Home | Department of Mines

Oklahoma Department of Mines (ODM) is the state agency responsible for ensuring the reclamation of land disturbed by mining operations. The Department regulates the production of coal and non-fuel minerals. The Department is committed to protecting the right of citizens and to the promotion of mining.