Sometimes it is an expensive project to purchase a mine or mining claim. If you are in this situation, there are possible routes you can take to get funding for your venture.
One idea is to enlist the help of venture capitalists. Venture capitalists typically like to have 20%-30% of the profits, so be prepared to give that up if you want to go that route.
Bank loans are particularly difficult to obtain for mine purchases, especially in this economic environment. It is not impossible, but it is a long process.
The best suggestion would be to check out a company like MineralstarMining.com. They offer several different mining claims and gold mines for sale, all for under $4,000!
Tuesday, November 16, 2010
Monday, November 15, 2010
How to Buy a Mining Claim
Investing in minerals and mines can be a very lucrative business. But buying a mining claim is a tricky thing and there are some key steps that need to be taken for the process to run smoothly.
ORIGIN: The first thing you need to do is determine the origin of the mining claim that you want to buy. It could be private property, it could be public property, or it could be government-owned. The Bureau of Land Management, a federal agency, is responsible for originating claims. There can potentially be other state or federal agencies that you need to contact.
VERIFICATION: The next step is to verify the name and number of the mining claim you are interested in with the corresponding state or federal agency. The purpose of this is to find out if it is an authentic mining claim. You should also try to obtain a copy of the claim certificate from the seller.
MAINTENANCE AND REGULATIONS: Mining claims typically require an annual maintenance fee to the agency that originated the claim. Some states require other fees so be sure to check for those.
ORIGIN: The first thing you need to do is determine the origin of the mining claim that you want to buy. It could be private property, it could be public property, or it could be government-owned. The Bureau of Land Management, a federal agency, is responsible for originating claims. There can potentially be other state or federal agencies that you need to contact.
VERIFICATION: The next step is to verify the name and number of the mining claim you are interested in with the corresponding state or federal agency. The purpose of this is to find out if it is an authentic mining claim. You should also try to obtain a copy of the claim certificate from the seller.
MAINTENANCE AND REGULATIONS: Mining claims typically require an annual maintenance fee to the agency that originated the claim. Some states require other fees so be sure to check for those.
When considering the purchase of a mining claim, the process can seem daunting. But the rewards can be great. There are also some companies that take the hassle out of the process. One such company is MineralstarMining.com. They specialize in mines in the Northern California area and they are one of the best.
Monday, November 8, 2010
Gold Mine Claims for Sale
Prospecting and gold mining can be fun hobbies or great professions. When you're going to have fun or make some money, the last thing you want to worry about is whether you are on private property or someone else's claim. This is why it's important to purchase a gold claim before you start mining. And if you live in Northern California, the leader in gold claims for sale is MineralstarMining.com. They offer mining claims for sale in Nevada County, Placer County, Plumas County, and El Dorado County. Check them out today!
Saturday, November 6, 2010
Why to Buy a Gold Mine
There are several different reasons to buy a gold claim for sale. Prospecting for gold may be your hobby - or it may even be your profession. Perhaps you have plans to turn the mine into something more than that, like fun destination for families and children. Whatever your reason may be, there is no better time to buy a gold mine than right now. Prices for gold are at all-time highs. With the government's new stimulus program that was announced at the beginning of November 2010, investors continue to flock to gold as a safe haven. The current price of gold is $1,397.70 an ounce.
The interesting thing is that while gold prices have risen dramatically during the most recent economic crisis, the cost of buying a gold mine has not risen anywhere near as much. There are plenty of gold mines for sale for less than $3,000. This means that you would only have to find three ounces of gold in a mine to pay for the purchase of the mine! A great website to buy gold claims for sale, particularly in California, is MineralstarMining.com. They have mines available in Nevada County, Placer County, Plumas County, and El Dorado County. Check out the site today!
The interesting thing is that while gold prices have risen dramatically during the most recent economic crisis, the cost of buying a gold mine has not risen anywhere near as much. There are plenty of gold mines for sale for less than $3,000. This means that you would only have to find three ounces of gold in a mine to pay for the purchase of the mine! A great website to buy gold claims for sale, particularly in California, is MineralstarMining.com. They have mines available in Nevada County, Placer County, Plumas County, and El Dorado County. Check out the site today!
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