Hardrock mining reform a tough sell
Posted: Thu Mar 17, 2011 12:55 pm
"Efforts ... to overhaul federal oversight of the hardrock mining industry may fall short despite bipartisan agreement that some reforms are overdue. The president's budget blueprint would enact a new fee on hardrock mineral production to help pay for reclamation of abandoned hardrock mines" and set royalties for companies mining materials such as gold, copper, lead and uranium." The 1872 General Mining Act "allows hardrock mining companies to take minerals without paying royalties to the government."